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Posted on: September 26th, 2012 and is filed under Market News.

Wiped out by Motilal Oswal, an aggrieved small investor won in consumer court but got shafted by SEBI

An army officer narrates his harrowing tale of how his life savings got wiped out at Motilal Oswal, his victory in consumer courts and how SEBI took the brokers’ side despite clear grounds of fraud and forgery. And SEBI is supposed to protect investors’ interests! The very first sent…

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Posted on: September 24th, 2012 and is filed under Market News.

Swing trading call, buy GMDCLTD on dips

Gmdc has got good support around 185 levels and it gave a good close on last day. As far as it holds above these levels, we expect it to move higher. Gmdc ltd – closed at 195.6 Buy on dips Buy range -193 to 189 Target levels – 200/206/213 Stop loss 185 closing basis Chart given …

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Posted on: September 23rd, 2012 and is filed under Market News.

Reforms, RBI give some help to your finances

Though household expenses are up, borrowing will be cheaper In the past couple of years, investors have been grappling with negative to negligible returns from stocks and mutual funds. However, things seem to have changed since the beginning of this month at domestic-cum-global levels. O…

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Posted on: September 22nd, 2012 and is filed under Market News.

Govt wins mkt’s trust vote

It was another lucky Friday for the markets. Key stock indices surged to 14-month highs and the rupee gained after the government slashed a tax on foreign borrowing by local firms and included mutual funds in the Rajiv Gandhi Equity Savings Scheme, giving a clear signal to investors about…

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Posted on: September 21st, 2012 and is filed under Market News.

Markets surge to highs of the day

Markets are near the day’s high in afternoon trades on the back of gains in banking and metal shares. BSE Sensex is up 447 points at 18,796 – after touching a high of 18,866 earlier in the day. The Nifty is up 137 points at 5,691. Meanwhile in Asia, Hang Seng has added 140 po…

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Posted on: September 19th, 2012 and is filed under Market News.

Cong core group meets after Mamata decides to exit UPA

With the support of outside allies govt may still be comfortably placed with support of over 300 members A day after Trinamool Congress decided to withdraw support to UPA, the Congress top brass was today huddled in a meeting with party president Sonia Gandhi and Prime Minister Manmohan …

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Posted on: September 18th, 2012 and is filed under Market News.

Markets to remain closed on Wednesday, 19th Sep’ 2012

Markets to remain closed on Wednesday, 19th Sep’ 2012 on account of Ganesh Chaturthi …

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Posted on: September 16th, 2012 and is filed under Market News.

Top 9 firms add Rs 62,604 cr in m-cap, RIL biggest gainer

IT majors — TCS and Infosys — together added Rs 13,507 crore to their combined market value Buoyed by firm stock market trends, the combined market valuation of top-nine Sensex firms advanced by Rs 62,604 crore last week, where RIL and Coal India saw the biggest gain. These …

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Posted on: September 14th, 2012 and is filed under Market News.

Sensex zooms 406 points, Nifty regains psychological 5,500 level

Mumbai: The BSE benchmark Sensex surged over 406 points in early trade on Friday on flurry of buying by funds and retail investors, driven by strong global cues after the Federal Reserve unveiled a fresh stimulus plan to help bolster the US economy. The 30-share barometer, which has gain…

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Posted on: September 14th, 2012 and is filed under Market News.

Diesel price hiked by Rs 5/litre, cap on LPG cylinder supply

New Delhi: Biting the bullet, the government Thursday hiked diesel prices by a steep Rs 5.62 per litre and restricted the supply of subsidised cooking gas to 6 cylinders per household in a year to fetch an additional Rs 20,300 crore. It, however, left kerosene rates untouched and spared …

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