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Petrol may get dearer by Rs 3 per litre

Posted on: Saturday, March 31st 2012 and is filed under Market News.

State-owned oil firms are pushing for at least Rs 3 per litre hike in petrol price from April 1 to cover part of the spike in cost of raw material. “We are losing Rs 6.43 per litre on petrol and after adding 20% sales tax, the desired increase in rates in Delhi is Rs 7.72 per litre...

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No tax liability on P-Notes, says FM – Markets Cheer

Posted on: Friday, March 30th 2012 and is filed under Market News.

Setting at rest the uncertainty about overseas investments, Finance Minister Pranab Mukherjee today said that persons investing in stock markets through participatory notes (P-Notes) will not have to pay taxes in India, an assurance that pushed up the markets. “Indian tax authority...

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Intraday calls for 30-03-12

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

Markets likely to open flat. Strong support for nifty is at 5130. Buy JSW steel at 705, target: 718. Stoploss: 692 9.21am – Buy Adani Enterprises at 304.50, target: 310-312. stoploss: 298 10.22am – Buy Bhushan Steel at 411, target: 422. Stoploss: 404 (1-2 day hold) ...

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FIIs escalate war of words with ministry on GAAR

Posted on: Friday, March 30th 2012 and is filed under Market News.

Some of the leading foreign institutional investors (FIIs) are telling clients not to take any new positions in Indian shares till clarity emerges on norms related to the taxation of indirect transfers of assets and General Anti-Avoidance Rule (GAAR) in the Finance Bill. Hong Kong-based ...

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Intraday calls for 29-03-12

Posted on: Thursday, March 29th 2012 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 5140. If markets show recovery later during the day, buy: GMR infra ...

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BSE suspends 49 companies, experts criticise policy

Posted on: Thursday, March 29th 2012 and is filed under Market News.

Even while Rs 64,000 crore worth of investor money has been blocked in companies suspended from trading by stock exchanges, the Bombay Stock Exchange (BSE) has only made it difficult for retail investors to exit from more companies. BSE has suspended 49 companies from trading on its platf...

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Intraday calls for 28-03-12

Posted on: Wednesday, March 28th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 5150 and resistance at 5300 Buy Titan Industries at 235-237, target: 244. Stoploss: 229 – (sl triggered in Titan) 12.41pm – Buy 5200 ce at 57, target: 70. Stoploss: 5190 (spot) – (continue to hold 5200 ce.) ...

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Bribe row puts spotlight on BEML’s Tatra

Posted on: Wednesday, March 28th 2012 and is filed under Market News.

Experts look for answers on how the ‘horrendously expensive’ Tatra got approved year after year The electrifying revelation by Chief of Army Staff General V K Singh that he was offered a bribe of Rs 14 crore — apparently to sanction the purchase of 600 Kolos Tatra high-mobility veh...

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Intraday calls for 27-03-12

Posted on: Tuesday, March 27th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, Support for nifty is at 5180 and resistance at 5250 Buy Godrej Consumer Products around 480, Target: 494, SL 468 11.01am – Buy Bank nifty fut at 10120, target: 10220. Stoploss: 10080 – (continue to hold bank nifty) – (book profit at 10215...

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Stocks Bounce Back After Worst Week of the Year – Wall Street

Posted on: Tuesday, March 27th 2012 and is filed under Press Releases.

By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 rebounded from its worst week so far this year to retake a four-year high on Monday after Federal Reserve Chairman Ben Bernanke signaled supportive monetary policy will remain even though the job picture has begun to im...

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