Quotes with Resistance & Support
Market Information

26 in queue for bank licence

Posted on: Tuesday, July 2nd 2013 and is filed under Market News.

Surprise pack includes Smart Global Ventures, INMACS Management, Suryamani Financing and UAE Exchange The 13th floor of the Reserve Bank of India’s headquarters in South Mumbai on Monday saw an unusual sight: Many visitors carrying huge cartons filled with documents lining up before th...

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Intraday calls for 02-07-13

Markets likely to open flat/ slightly lower. Support for nifty is at 5850. If markets show recovery later during the day, buy: IFCI ...

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‘Not wise to invest in gold at current level’

Posted on: Monday, July 1st 2013 and is filed under Market News.

Gold prices have plunged by Rs 1,150 to hit 23-month low of Rs 25,650 per 10 grams in the bullion market. This is the third-biggest single day decline ever. The largest fall was of Rs 1,250 recorded on April 13 this year. Bullion traders have attributed the sharp fall in the precious me...

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Intraday calls for 01-07-13

Markets likely to open flat. Resistance for nifty is at 5860. Buy Mindtree above 840, target: 855. Stoploss: 830 12.20pm – buy 5900ce at 90, target: 105-108. Stoploss: 5830 (spot) ...

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Weekly: Markets surge over 3% on lower CAD, Rupee gains

Posted on: Saturday, June 29th 2013 and is filed under Market News.

In the volatile week ended June 28 Indian stocks surged over 3%, snapping a three-week losing streak, after lower-than-expected CAD and a strong rupee In the volatile week ended June 28 Indian stocks surged over 3%, snapping a three-week losing streak, after lower-than-expected current a...

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Intraday calls for 28-06-13

Markets likely to see a gap up opening. Resistance for nifty is at 5860. Buy Wipro at 347-348, target: 354. Stoploss: 343 ...

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Coal regulator Bill gets approval

Posted on: Friday, June 28th 2013 and is filed under Market News.

Final say on pricing, allocation with govt The Union Cabinet has approved a proposal for a coal sector regulator, after prolonged discussion spanning a year. The move is aimed at infusing transparency in pricing and efficiency in mining operations of the key raw material for infrastructu...

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Intraday calls for 27-06-13

Markets likely to see a gap up opening. Resistance for nifty is at 5700. Buy Maruti Suzuki above 1553, target: 1570. Stoploss: 1537 ...

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Rupee at all time low of 60.33

Posted on: Wednesday, June 26th 2013 and is filed under Market News.

NEW DELHI: Continuing its falling streak, the rupee on Wednesday breached the 60 level versus the US dollar, an all-time low for the currency. At 15:00, it was Asia’s worst performing currency for the day. The Reserve Bank of India ( RBI) was again spotted selling dollars in the af...

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Stocks fail to attract wealthy investors

Posted on: Wednesday, June 26th 2013 and is filed under Market News.

In the first six months of the year, the average number of deals a month stood at 1,264, against 1,484 in the six months ended December 2012 Though shares of many companies, especially mid- and small-cap ones, are available at throwaway prices, these are yet to attract the India’s ...

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