Quotes with Resistance & Support
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Posted on: December 9th, 2011 and is filed under Market News.

India no longer a preferred destination for MNCs: Microsoft

Kolkata: Global software major Microsoft on Thursday said that for MNCs, India is no longer a preferred destination. Microsoft India chairman Bhaskar Pramanik said this when asked if the company is considering any R&D centre for West Bengal as it seeks to work closely with the state …

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Posted on: December 9th, 2011 and is filed under Market News.

11 kids go missing every hour in the country: Report

New Delhi: 11 children go missing every hour in the country, a child rights NGO claimed on Thursday, citing data collected from government between 2008 and 2010 and a survey. The Bachpan Bachao Andolan (BBA) said it collected the data using RTI from 392 districts across the country in a …

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Posted on: December 8th, 2011 and is filed under Market News.

Railway stocks rally on huge volumes

Railway-related stocks have rallied more than 8% each in an otherwise weak market on the back of huge volumes. Kalindee Rail Nirman (Engineers), Kernax Microsystems (India), Stone India, Texmaco Rail and Engineering are trading higher by 9-10% each on the Bombay Stock Exchange (BSE). The…

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Posted on: December 7th, 2011 and is filed under Market News.

L&T bags orders worth Rs 2,700 cr

Larsen & Toubro Construction (L&T) has bagged new orders worth Rs 2,700 crore across various businesses in last two months, the company informed the Bombay Stock Exchange on Wednesday. With large infrastructure projects on hold and several customers deferring orders this is a …

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Posted on: December 7th, 2011 and is filed under Market News.

Sibal censor saga: Facebook says ‘Yes’, Google ‘No’

“We work really hard to make sure that people have as much access to information as possible, while also following the law. This means that when content is illegal, we abide by local law and take it down. “And even where content is legal but breaks or violates our own terms a…

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Posted on: December 6th, 2011 and is filed under Market News.

Small-, mid-cap lose to blue-chips in 2011

The BSE small-cap and mid-cap indices have underperformed their large-cap peer this year so far, as the two saw a decline of up to 37% against 21% fall in the broader market benchmark Sensex. As per the study of indices from December 31, 2010, to November 30, the BSE small-cap index drop…

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Posted on: December 5th, 2011 and is filed under Market News.

Markets to remain closed on 6th December 2011

Markets to remain closed on 6th December 2011 on account of Moharum …

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Posted on: December 4th, 2011 and is filed under Market News.

Retail FDI on hold

After talking to Pranab Mukherjee on phone, TMC chief Mamata Banerjee announced in Kolkata that the Centre was putting the policy in abeyance. Fearful of an adjournment motion without sufficient numerical support in the two Houses of Parliament, the government on Saturday had to concede …

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Posted on: December 2nd, 2011 and is filed under Market News, Market Outlook, Techinicals Breakouts NSE BSE.

TECHNICAL VIEW :: Nifty, Kotak Mahindra Bank, Ranbaxy Labs, Larsen & Tubro and GAIL

Below are few stock charts helping understand current trend of these stocks. Click on charts to enlarge Nifty: Nifty did manage to bounce back from strong support levels of 4700 (triple bottom). Current bounce could come to an end near 5000 levels (50% retracement level on Fibonacci). I…

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Posted on: December 1st, 2011 and is filed under Market News.

50 million Africans dial Airtel

The implementation of India’s low-cost telecom model in the African market seems to have paid dividends for the country’s largest company in the sector, Bharti Airtel, with the company crossing 50 million subscribers in mobile operations. Bharti acquired Zain’s assets in 16 African…

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