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Markets cheer Bharti Airtel despite net drop

Posted on: Thursday, May 3rd 2012 and is filed under Market News.

The markets on Wednesday gave a thumbs-up to Bharti Airtel, the country’s largest telecom service provider, despite it posting a decline of 28 per cent in its consolidated net income, the ninth straight quarterly drop, to Rs 1,006 crore during the fourth quarter ended March 31. Nev...

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Rangebound trades continue

Posted on: Wednesday, May 2nd 2012 and is filed under Market News.

Markets are trading in a narrow range in the noon deals. The Sensex is up 67 points at 17,386 and the Nifty has advanced 20 points to 5,268 levels. The Sensex has traded ina range of 70 points in trades so far. The Asian markets were trading higher. The nikkei advanced 0.3% to 9,380,...

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Intraday calls for 02-05-12

Posted on: Wednesday, May 2nd 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher. Support for nifty is at 5180 and resistance at 5260. Buy United Spirits at 782, target: 798-800. Stoploss: 768 – (Exit united spirits at 788) Trade in small quantity. ...

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Exports down 5.7% in March at $28.7 bn – High trade deficit of $14 bn could worsen India’s current account balance and further weaken the rupee

Posted on: Tuesday, May 1st 2012 and is filed under Market News.

India’s exports fell an annual 5.7% to $28.7 billion in March, while imports rose 24.3% to $42.6 billion, government data showed on Tuesday. The trade deficit was at $13.9 billion. Oil imports rose 32.5% to $15.8 billion. India’s exports rose an annual 21% to $303.7 billion ...

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Intraday calls for 30-04-12

Posted on: Monday, April 30th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher. Support for nifty is at 5150 and resistance at 5245 Buy Reliance Infra at 515, target: 528. Stoploss: 503 – (Book profit in Rel infra at 527-528) Buy DLF at 182, target: 188. Stoploss: 178 10.00am – Buy SBI at 2150, target: 2175. Stop...

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Markets to remain closed on Tuesday (01-05-12)

Posted on: Monday, April 30th 2012 and is filed under Market News.

Markets to remain closed on 1st May’2012 on account of Maharashtra Day. ...

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Technical View:: Nifty, Bharti Airtel, Reliance industries and Cairn

Posted on: Monday, April 30th 2012 and is filed under Techinicals Breakouts NSE BSE.

Click on image to enlarge. Nifty: Nifty has been moving in a small range for some time now. Has strong support at 5130-5150 levels. On the upside has resistance at 5250. If manages to cross 5250, can head upto 5350. On the downside below 5130, can test 5000. Bharti Airtel: Below is...

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FIIs pull out Rs 777 cr in Apr, 1st monthly outflow in 4 months

Posted on: Sunday, April 29th 2012 and is filed under Market News.

Market experts cite govt’s anti-tax avoidance rule (GAAR) proposal, S&P’s negative credit outlook for flight Press Trust of India / New Delhi Apr 29, 2012, 17:10 IST After pouring hefty funds into the Indian equity market in the first three months of the year,...

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IGL, MGL may lose exclusive supply rights

Posted on: Saturday, April 28th 2012 and is filed under Market News.

After the adverse tariff and compression charges order, the capital’s monopoly compressed natural gas (CNG) and piped natural gas (PNG) player Indraprastha Gas Ltd (IGL) may lose its marketing exclusivity to new players. Downstream petroleum regulator, the Petroleum and Natural Gas Regu...

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Special session for Live trading on Saturday, April 28, 2012

Posted on: Friday, April 27th 2012 and is filed under Market News.

The Exchange is upgrading the capacity of Futures and Options trading system hardware and software to the next generation system to improve processing capability and handle increased activities in the market. Existing Trading system architecture will be revamped by using a distributed ...

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