GOLDEN RULES FOR TRADING

FREE SECTORS ALERT - 18.12.2013

* AGRICULTURE: Maharashtra Chief Minister Chavan has urged the Centre to do away with the minimum export price mechanism for onion. 

* AVIATION: The government has granted in-principle approval to set up Greenfield airports in 15 cities and towns in the country. 

* BANKING: Operations at public sector banks are likely to be hit today with trade unions observing a one-day strike to press for wage revision and other demands. 

* REGULATORY: The Securities and Exchange Board of India will take a call on making initial public offer grading optional in 7-10 days. The Reserve Bank of India , in a discussion paper, proposed sweeping changes for treatment of banks' stressed assets. India signed double taxation avoidance pact with Macedonia . 

* SUGAR: The group of ministers looking into a bailout package for sugar mills may consider allowing them to convert 'B-heavy' molasses directly to ethanol.