2008 December | Nseguide.com

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The good in a bad year: things we did right in 2008

Posted on: December 31st 2008 in Press Releases.

Year 2008 was rough. It was a year where past excesses and lack of foresight led to perhaps the greatest recession in history; a year of reorganisation of world powers; and a year that ended in terrorist attacks on India that called into question the effectiveness and adequacy of our gove…

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Satyam promoters gradually reduce stake

Posted on: December 31st 2008 in Press Releases.

MUMBAI: The promoters of Satyam Computers, currently facing the wrath of shareholders over corporate governance issues, used to own as much as 25.60 per cent equity in the company till few years ago before reducing their stake in phases. A look at the shareholding pattern of the company …

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World markets close 2008 bruised and confused

Posted on: December 31st 2008 in Press Releases.

LONDON (AP) — World stock markets were seeing out 2008 in a bruised and confused state after a year of dizzying turmoil, with stocks in Europe and Asia little changed Wednesday in light trading. In very modest shortened New Year’s Eve trade, the FTSE 100 index of leading Brit…

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Indiabulls Securities puts ‘buy’ on RCOM

Posted on: December 31st 2008 in Brokerage Recommendations.

Indiabulls Securities has upgraded Reliance Communications (RCOM) to ‘buy’ as it feels that the stock trades at steeper-than-warranted discounts, which ignores the robust growth of the Indian mobile subscribers and RCOM’s brand equity. The broking house says, “Aggressive pan-India…

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What 2009 has in store for Indian stock market!

Posted on: December 31st 2008 in Market Outlook.

MUMBAI: It’s that time of the year when every one sits back and reminisces over the events and achievements. Unfortunately, 2008 will likely be considered the worst for the world-both on economic and personal fronts. For the financial markets, the year began on buoyant note, with the eq…

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Huge call writing at 3000-3200 strikes, Nifty Jan narrows premium

Posted on: December 31st 2008 in Market News.

MUMBAI: Snapping the winning streak, Indian markets ended lower on Wednesday after a choppy trade. Despite upbeat cues from global markets, traders aggressively cut their positions and remained light ahead of the New Year with major markets closed for long duration. One numerologist had a…

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Intraday calls for 31-12-08

Posted on: December 31st 2008 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a positive opening. Nifty has some resistance at 3020. Buy Reliance Infrastructure for a target of 605. Stoploss: 575. If we see profit booking later during the day, short sell: HDIL. Wish you and your Family a very happy and a prosperous New Year!! …

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Oil dips below $40 over world economic concerns

Posted on: December 31st 2008 in Press Releases.

Crude falls as bad economic news drowns out conflict in the Middle East and supply concerns COLUMBUS, Ohio (AP) — Oil prices fell Tuesday as consumer confidence in the U.S. hit an all-time low in December and home prices dropped sharply, with few signs that the real estate market h…

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FII net buy at Rs 215cr, DII net buy at Rs 376cr on 30-12-08

Posted on: December 30th 2008 in Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 214.95 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 885.05 crore, gross sales totalled Rs 670.10 crore. Domestic institutional investors (DIIs) were net buyers of Rs 375.65 c…

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GMR Infra promoter hikes stake up to 74%

Posted on: December 30th 2008 in Stock News.

Mumbai: GMR Infrastructure on Tuesday said that its one of the promoter group companies, GMR Holdings, has hiked its stake to about 74% after purchasing 3.87 lakh shares from the open market. In a filing to the Bombay Stock Exchange, GMR Infra said pursuant to the share purchase GMR Hold…

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