Quotes with Resistance & Support
Market Information

Intraday calls for 25-01-12

Markets likely to open higher, Resistance for Nifty at 5160 Sell Yes bank on rise around 326, Target: 318, SL 331 (trade in small quantities) 11.33am – buy BGR Energy at 241, target: 250. Stoploss: 236 ...

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Grasim net zooms 33% to Rs 669 cr

Posted on: Wednesday, January 25th 2012 and is filed under Market News.

Grasim Industries, part of the Aditya Birla group, posted a 33 per cent rise in its net profit at Rs 669 crore for the quarter ended December 31, compared to Rs 502 crore a year earlier. Net sales grew 17 per cent from Rs 5,461 crore to Rs 6,364 crore. Grasim said cement was the major dr...

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RBI cuts CRR by 50 bps, leaves policy rates unchanged

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

The Reserve Bank of India (RBI) has left its key policy rates unchanged in its third quarter monetary policy (October-December). However, contrary to many experts, the central bank has cut cash reserve ratio (CRR) by 50 basis points (bps) to 5.5% effective from January 28. The CRR cut is ...

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Intraday calls for 24-01-12

Markets likely to open higher, Nifty has support at 5000 and resistance at 5080 Buy Hindustan Oil Exploration at 117, Target: 123, SL 113 11.17 pm – Sl triggered in 5000 pe ...

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Budget session likely from March second week

Posted on: Monday, January 23rd 2012 and is filed under Press Releases.

NEW DELHI: The budget session of parliament is likely to begin from the second week of March, informed sources said Monday. The union budget for 2012-13 could be presented in the third week of March, following its postponment from the February end date in view of the state elections. Th...

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L&T Q3 net up 18% at Rs 991 cr

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

Larsen and Toubro (L&T), an engineering & construction company, has reported a net profit of Rs 991 crore in the third quarter of FY12, a growth of 18% as compared to Rs 840 crore in a year ago quarter. Other income jumped 78.9% to Rs 449 crore from Rs 251 crore during the same...

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Intraday calls for 23-01-12

Markets likely to open flat. Resistance for nifty is at 5090 and support at 4980. Buy Titan Industries at 192, target: 198-200. Stoploss: 187 Trade in small quantities. ...

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Stock Market Rally Still Missing One Thing: A Crowd – Wall Street

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

The January stock rally has brought with it hopes that the market will rebound from last year’s middling performance, but it has lacked one key ingredient: enough investors. The Standard & Poor’s 500 has rallied 4.5 percent so far, but the average retail investor-counted...

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RIL net profit drops 13.6%, goes in for biggest buyback

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

On a day the country’s most valued company, Reliance Industries Ltd (RIL), reported its first net profit drop in the last two years, it tried to cheer investors by announcing its Rs 10,440-crore buyback plan. Analysts, however, see the scrip reacting unfavourably in the next session on ...

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Praj Ind Q3 net soars 50% to Rs 21 cr

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

Praj Industries today posted growth of 50% in net profit for the third quarter ended December, 2011 at Rs 21 crore. The net profit for the same quarter last year was at Rs 14 crore. At 1242 hours, the shares of the company were trading up 1.77% at RS 86.40 per share on the Bombay Stock ...

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