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Intraday calls for 03-12-09

Posted on: December 3rd 2009 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Amtek Auto at 195.85, target: 203. Stoploss: 191.50 If markets show weakness later during the day, sell: SBI …

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SBI net rises 28%

Posted on: November 1st 2009 in Market News.

State Bank of India (SBI), the country’s largest lender, today said that its consolidated net profit rose 28.29 per cent to Rs 3,133.16 crore for the quarter-ended September 30 from Rs 2,458.04 crore in the same quarter of the previous year. The increase was mainly on account of a 79 p…

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Selling continues… Sensex near day’s low

Posted on: June 18th 2009 in Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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FIIs dump depository receipts on concerns of overvaluation

Posted on: June 18th 2009 in Market News.

MUMBAI: It could be a signal from overseas investors that valuations of Indian shares are stretched and further correction could be around the corner. Foreign investors, who were keen on buying depository receipts (DRs) of domestic companies till some time ago, are now cutting down their…

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Nifty recovers losses; Reliance Infra, SBI lead

Posted on: June 16th 2009 in Market News.

MUMBAI: Indian markets pared early morning losses Tuesday as investors entered at lower levels providing support for indices. Traders ignored the weak cues from international markets and took positions on hopes that Indian economy will do better than other global economies, said dealers….

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Instanex FII index down 0.65% at close

Posted on: June 3rd 2009 in Market News.

Of the 15 components of the Instanex FII Index, nine were down and six were up. Instanex At close, the Instanex FII Index was down 0.65% at 314.38 (-0.82% at 3 pm) and the Instanex DII 15 portfolio was up 0.08% (-0.07% at 3 pm). Nifty was up 0.12% (+0.09% at 3 pm) and Sensex was down 0….

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Profit booking sets in; M&M, SBI hit

Posted on: June 3rd 2009 in Market News.

MUMBAI: Profit booking shaved away early gains leaving key indices below its previous session’s close. The negative opening on the European bourses weighed on sentiment. Metals, technology and oil & gas stocks were hit as investors sold into recent gains. At 1:45 pm, Bombay Stock …

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Value buys: Bharti Airtel, State Bank of India and Larsen & Toubro

Posted on: May 25th 2009 in Stock Views.

Last Monday proved to be a europhic day for Indian investors with the markets hitting the upper circuit as the news of a new Central government, insulated from the vagaries of coalition politics, unleashed a wave of positive sentiments. The Sensex jumped 2,000 points touching 14,000, th…

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Tatas, SBI, Infosys among world’s top 50 reputed firms

Posted on: May 9th 2009 in Press Releases.

WASHINGTON: The Tata Group, State Bank of India (SBI) and Infosys Technologies are among 17 Indian firms that figure among the top 50 in a list of the world’s 200 most reputable companies. With a pulse score of 80.89 on a scale of 0-100, the US-based Reputation Institute ranked the…

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Sensex regains 12,000-mark after seven months

Posted on: May 4th 2009 in Market Outlook.

The Sensex opened with a positive gap of 232 points at 11,635 on the back of strong global cues.Agressive buying in metal, IT and banking stocks helped the index cross the 12,000-mark after seven months and touched a days high of 12,162. …

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