BSE Sensex: (9647) the market has managed to stay above the crucial supports of 9495 and has stayed flat the entire trading session and thus bringing an end to a very bad year for the stock markets. Hope 2009 turns out to be a good trading year. …
Continue reading...What 2009 has in store for Indian stock market!
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…
Continue reading...Mid-caps won’t be shining for ever
The Indian stock market has underperformed most other global indices in 2008. Among the bigger emerging markets, China and Russia have done worse than India. However, the steep fall in these markets must be seen in a broader perspective. China’s Shanghai Composite Index has fallen about…
Continue reading...Avoid fresh purchases: Bhambwani
Technical Analyst, Vijay Bhambwani: The markets opened on a buoyant note and ended with losses as was the recent trend. The benchmark indices lost over 2 % at close. The traded volumes were lower as compared to the previous session, which is a routine phenomena during the festive season. …
Continue reading...Expect 5-10% upside in cement stocks: Baliga
Ambareesh Baliga of Karvy Stock Broking is of the view that one can expect 5-10% upside in cement stocks. Baliga told CNBC-TV18, “Cement was clearly oversold and that’s the reason why you saw some amount of bounce back and the figures that actually came for last month that also ha…
Continue reading...Satyam may slip to Rs 100-110: Baliga
Ambareesh Baliga of Karvy Stock Broking feels that in case the existing management remains in the saddle then a level of closer to Rs 100-110 and that should be the valuation for Satyam. …
Continue reading...Weekly Review for the Week December 29th – Jan 2nd 2009
PrakashGaba: We said ‘Technically the trend is still intact up and is not compromised as yet. We have a truncated week ahead with Christmas and thereafter a holiday seasons approaching. The extended targets beyond 10324 would be 10708 if the up move continues. We could see some loss of…
Continue reading...Will markets rally till New Year?
CHENNAI: We never needed it more: a Santa Claus rally. The big question is whether it will happen in 2008? Much like the Wall Street, history says Indian stock markets tend to rally from Christmas Eve to the New Year’s Day (or the first trading day of the New Year). FIIs or mutual …
Continue reading...First time in 11 years, FIIs turn net sellers; pull out $13 billion
Mumbai: Foreign institutional investors, or FIIs, the key drivers of the Indian stock market in the past few years, pulled out at least $13 billion (about Rs62,880 crore) in 2008, the most in 15 years, after an unprecedented global credit crunch led to a flight of capital from emerging ma…
Continue reading...40% returns in 2 weeks | Karuturi Global |
Karuturi Global was recommended on NSEGUIDE on Dec 9, 2008. Since then the stock has been in a uptrend. The stock jumped from 11.70 to 16.50 in just 10 Trading session’s UP 40 %. The Stock was published in our Investment Idea’sRead More..
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