Quotes with Resistance & Support
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Stocks to bet on post Budget

Posted on: February 27th 2010 in Market News.

The Budget was growth-oriented with financing incentives for real estate, infrastructure and agriculture continuing – Mahindra & Mahindra, IRB Infra, Tata power & Larsen and Tubro will be benifited. Another important announcement in the Budget was that the RBI would consi…

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Indian Stock market to remain closed on 1st March 2010

Posted on: February 26th 2010 in Press Releases.

Markets will remain closed on Monday (01-03-10) on account of Holi …

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Fiscal deficit seen at 4.8%

Posted on: February 26th 2010 in Market News.

FM Pranab Mukherjee wants to review stimulus, contain deficit – but do this without losing sight of growth. “We have weathered this crisis well,” that was his opening message in this year’s Union Budget. He went on to say that the Indian economy is in a much better condi…

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Intraday calls for 26-02-10

Markets likely to see a flat opening. Support for nifty is at 4800 and resistance at 4885 Buy IVRCL Infrastructures & Projects Ltd at 319.4, target: 328. Strict Stoploss: 313 Buy KLG Systel Ltd above 131.80, target: 135. Stoploss: 129.80 Trade in small quantities. book profits in…

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Wall Street Hit by Worries on Economy, Greece but recovers from days low

Posted on: February 26th 2010 in Market News.

Stocks fall on renewed concerns about economy Market drops on concerns that weak US job market, Greece debt woes will stall economic rebound By Tim Paradis and Stephen Bernard, AP Business Writers , On Thursday February 25, 2010, 3:22 pm NEW YORK (AP) — The stock market regaine…

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Intraday calls for 25-02-10

Markets likely to open slightly positive. Support for nifty is at 4850 and resistance at 4885. Markets will remain volatile due to expiry Buy Ess Dee Aluminium above 400, target 410. Stoploss: 394. 1.49pm – buy 4900 call at cmp 125 with strict sl at 4810-4820 on nifty …

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BSE takes on NSE in server co-location space

Posted on: February 24th 2010 in Press Releases.

Offers a rack for Rs 4.5 lakh per year as against NSE’s Rs 22.5 lakh.The Bombay Stock Exchange (BSE), following in the footsteps of its rival National Stock Exchange (NSE), is offering space on its premises to its members to co-locate their servers at almost one-fifth the price of NSE. …

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No hike in fares, freight charges in Rail Budget

Posted on: February 24th 2010 in Press Releases.

The Railway Budget for 2010-11 today proposed no increase in passenger fares and freight rates while reducing the tariff by Rs 100 per wagon in transportation of foodgrains, kerosene and fertilisers to tackle the price rise. The budget, presented by Railway Minister Mamata Banerjee in th…

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Intraday calls for 24-02-10

Markets likely to see a gap down opening. Support for nifty is at 4800 & resistance at 4930 If markets show recovery later during the day, buy: Ranbaxy & Coromendal International. …

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Stocks retreat after disappointing consumer report – Wall Street

Posted on: February 24th 2010 in Market News.

Stocks pull back in afternoon trading after worse-than-expected consumer confidence report By Stephen Bernard, AP Business Writer , On Tuesday February 23, 2010, 2:47 pm NEW YORK (AP) — The stock market pulled back Tuesday after a surprising drop in consumer confidence reminded …

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