Quotes with Resistance & Support
Market Information

TCS beats $10-bn revenue mark in FY12

Posted on: Tuesday, April 24th 2012 and is filed under Market News.

For India’s largest IT services firm Tata Consultancy Services (TCS), the fourth-quarter and annual results for financial year 2012 were about setting milestones. TCS became the first IT services company in the country to cross the $10-billion mark (according to IFRS) in revenues for th...

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Intraday calls for 23-04-12

Markets likely to open flat. Resistance for nifty is at 5340 and support at 5270 Buy Tata Steel at 468-470, target: 478. Stoploss: 462 – (Book profit in Tata steel at 477.50-478) 1.36pm – Sell Jindal steel (fut) at 493, target: 480. Stoploss: 505 – (Book profit in Jind...

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Mukesh Ambani keeps promise; RIL becomes debt free

Posted on: Monday, April 23rd 2012 and is filed under Market News.

New Delhi: Helped by a huge cash pile of over Rs 70,000 crore, corporate giant Reliance Industries has become a debt-free entity — a feat its billionaire chief Mukesh Ambani had promised to achieve about ten months ago. At the end of last financial year ended March 31, 2012, Relian...

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RIL Q4 net dips 21% but refining margins higher than expected

Posted on: Saturday, April 21st 2012 and is filed under Market News, Press Releases.

Year’s turnover up by a third plan being readied with BP to address KG-D6 output fall Reliance Industries on Friday reported a 21 per cent fall in its net profit to Rs 4,236 crore in the quarter ending March 2012, as compared to Rs 5,376 crore in the same quarter a year earlier, e...

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IDBI Bank posts 33% rise in Q4 net at Rs 771 cr

Posted on: Saturday, April 21st 2012 and is filed under Market News.

Total Income up 17% at Rs 6,856 cr in Q4FY12 from Rs 5,701 cr last year IDBI Bank has posted a 33% rise in net profit of Rs 771 crore for the quarter ended March 31, 2012 compared to Rs 516 crore for the corresponding quarter of the previous fiscal. The total Income is Rs 6,856 crore f...

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Intraday calls for 20-04-12

Markets likely to open slightly lower. Support for nifty is at 5280. Buy HDFC Bank at 548-550, target: 564. Stoploss: 538 – (continue to hold as BTST) ...

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IVRCL stock on a crash course – The share price fell after promoter denied stake-sell rumours

Posted on: Friday, April 20th 2012 and is filed under Market News.

The share price of Hyderabad-based infrastructure company IVRCL has been on a crash course this week. The stock is down 15 per cent since Monday and closed at Rs 61.50 on Wednesday. The price had been falling after Sudhir Reddy, promoter of IVRCL, denied appointing any investment banker t...

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Koutons Retail tanks as NSE suspends trading from Apr 26

Posted on: Thursday, April 19th 2012 and is filed under Market News.

Koutons Retail India has plunged 13% to Rs 10.55, its all-time low, after the National Stock Exchange said that the equity shares of the company will be suspended from trading w.e.f. April 26, 2012 for non- compliance with certain provisions of the Listing Agreement. “Notice was sent t...

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Intraday calls for 19-04-12

Markets likely to open flat, resistance for nifty at 5320 Buy Ambuja Cements at 166, target: 173, SL 162 3:02pm: Book profits in Coal India at 361 and continue to hold Ambuja for 1-2 days ...

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Intraday calls for 18-04-12

Markets likely to open slightly higher. Nifty has resistance at 5300. Buy Jet Airways at 372, target: 380. Stoploss: 365 – (SL triggered in Jet airways) ...

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