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Nifty hits fresh 52-wk high at 5181

Posted on: October 20th 2009 in Market News.

Nifty manged to closed at 5,114 ending 27 points lower. Sensex slipped 103 points closing at 17,223. Nifty made a 52-wk high of 5181, and a Intraday low of 5,102 on Tuesday. It finally ended at 5,144. Sensex on the other hand made a Intraday high of 17,457 and a low of 17,185. Markets op…

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FIIs turn net-buyers worth $6.4 billion in June quarter

Posted on: August 11th 2009 in Market News.

Take a fancy to realty, banking & finance, engineering and oil & gas.Initial signs of recovery in world economies, a stable government in New Delhi and the positive impact of its stimulus packages substantially improved the sentiments of foreign institutional investors (FIIs) in…

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Strides Arcolab ready to supply Swine Flu drug

Posted on: August 11th 2009 in Stock News.

Drug firm Strides Arcolab today said it is in a position to supply Oseltamivir Capsules, the only available medicine against Influenza A HINI virus (Swine Flu), to meet the demand both from domestic and overseas market. “Strides is fully geared to meet significant supply of the …

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Stock indices have made their verdict quite plain

Posted on: August 3rd 2009 in Stock News.

On some occasions markets can themselves cause a vindication of their predictions. Keynes would call it the engagement of animal spirits where the ebb and flow of human emotion has a sustained and self-perpetuating impact on activity. Sanskrit scholars, who reserve such references for d…

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Markets surge on short-covering

Posted on: July 30th 2009 in Market News.

Heavy short-covering owing to the derivatives expiry today, saw the markets surge towards the end of the day.The Sensex today opened in the red at 15,169 and slipped further to a low of 15,065. The index, however, rebounded on positive global cues. The index soared 345 points from the low…

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Welspun Guj, Jindal Saw look good: Bose

Posted on: July 28th 2009 in Stock Views.

Technical Analyst, Rajat K Bose is of the view that Welspun Gujarat and Jindal Saw are looking pretty good. Bose told CNBC-TV18, “If you have a medium term perspective midcap stocks like Welspun and Jindal Saw both are looking pretty good. Pritish Nandy Communications is getting re…

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Will Nifty 4700 level be taken out?

Posted on: July 28th 2009 in Market Outlook.

MUMBAI: The Nifty is within 3% of its highest point of the rally which began on the 9th of March. The debate is still on as to whether we have begun a secular bullish trend once again and whether whatever we have seen over the past four and a half months is evidence enough to support that…

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Will bulls take control?

Posted on: July 27th 2009 in Market Outlook.

BS: From its October 2008 lows when the BSE Sensex touched 7,697 points, the markets have done a complete about turn. In the six months to March 2009, the markets were unable to sustain itself over the five figure mark.While the rise in global markets was the starting point,the run up to …

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HDIL can give 20-30% returns: Bose

Posted on: July 27th 2009 in Stock Views.

Technical Analyst, Rajat K Bose is of the view that HDIL can give you 20-30% returns over the next three months or even more perhaps. Bose told CNBC-TV18, “Over the weekend what I have seen is a number of stocks that are suggesting that there could be good momentum in them. Already…

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Warren Buffett:Invest in Stocks Even At Dow 9000

Posted on: July 24th 2009 in Stock Views.

Warren Buffett tells CNBC that the economy still isn’t showing any signs of life but that doesn’t mean investors should stay away from stocks for the long-term. In a live interview on Squawk Box this morning, Buffett says “business is still flat.” But he stresses …

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