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Rajan will be among the youngest to head RBI

Posted on: Wednesday, August 7th 2013 and is filed under Market News.

He will be 50 years and six months old when he takes over as the 23rd governor on Sept 5 When noted economist Raghuram G Rajan takes over as Reserve Bank of India (RBI) Governor next month, he will be among the youngest to occupy the high chair at the central bank. Rajan, a former chief ...

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Intraday calls for 07-08-13

Posted on: Wednesday, August 7th 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher. Resistance for nifty is at 5580 and support at 5500. No pre-market call for the day ...

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RBI steps fail to check rupee as it hits fresh low at 61.80

Posted on: Tuesday, August 6th 2013 and is filed under Market News.

The rupee hit a all time low in the early trade today as the liquidity tightening steps taken by Reserve Bank of India (RBI) since July 15 failed to prop up the currency. The Reserve Bank of India likely sold dollars via state-run banks, helping the rupee recover from a record low, three...

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Intraday calls for 06-08-13

Posted on: Tuesday, August 6th 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower. Support for nifty is at 5650. If markets show recovery later during the day, buy: Biocon ...

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PFC June quarter profit surges to Rs 1,198 crore

Posted on: Monday, August 5th 2013 and is filed under Market News.

Company reported a net profit of Rs 971.88 crore in the year-ago period Power Finance Corp today reported 23% jump in net profit at Rs 1,198.24 crore for the three months ended June, helped by higher income. The state-run lender, primarily for the power sector, had a net profit of Rs 97...

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Intraday calls for 05-08-13

Posted on: Monday, August 5th 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher. Nifty has resistance at 5760 and support at 5650 Buy Reliance Industries at 860, target: 875. Stoploss: 849 ...

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Intraday calls for 02-08-13

Posted on: Friday, August 2nd 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher, resistance for Nifty at 5780 Buy SBI around 1680, target: 1725, SL 1660 ...

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Financial Tech plunges 66% on NSEL crisis, MCX drops 20%

Posted on: Thursday, August 1st 2013 and is filed under Market News.

Financial Technologies shares crashed more than 66 percent in morning trade Thursday after the National Spot Exchange (NSEL) suspended trading in all one-day forward contracts , except e-series contracts, amid fears of default. NSEL is promoted by the Financial Technologies India (FTIL...

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Intraday calls for 01-08-13

Posted on: Thursday, August 1st 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher. Resistance for nifty is at 5770. Buy Bank of Baroda at 562, target: 575. Stoploss: 554 – (Continue to hold Bank of baroda) 9.19am -Book profit in 5800ce at 119 ...

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Rupee again hits 61 level, approaches record low

Posted on: Wednesday, July 31st 2013 and is filed under Market News.

Mumbai: The rupee on Wednesday breached the 61-mark again against the dollar in early trade at the Interbank Foreign Exchange market, on heavy month-end demand for the US currency amid growth concerns. The rupee fell to as low as 61.12 to the dollar, not far from its record low of 61.21 ...

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