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Areva T&D at 3-yr low on demerger of distribution biz

Posted on: Wednesday, December 14th 2011 and is filed under Market News.

Areva T&D India has slipped 29% to Rs 140 on the National Stock Exchange on demerging its distribution (medium voltage) business operations into wholly-owned subsidiary, Smartgrid Automation Distribution and Switchgear Limited. The board of directors of the company has fixed Decembe...

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INFLATION FOR THE MONTH OF NOV AT 9.11% (EXPECTATION WAS AT 9.03%) vs 9.73% IN OCTOBER

Posted on: Wednesday, December 14th 2011 and is filed under Market News.

INFLATION FOR THE MONTH OF NOV AT 9.11% (EXPECTATION WAS AT 9.03%) vs 9.73% IN OCTOBER – post by Wayne ...

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Markets trading slightly higher, Banks surge

Posted on: Wednesday, December 14th 2011 and is filed under Market News.

Benchmark Indices are trading slightly higher after making a lower beginning reacting to weak global cues. All eyes are on the November monthly inflation figure to be announced shortly. Global markets are down as Federal Reserve delivered little hope that it would turn on easing anytime ...

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Intraday calls for 14-12-11

Posted on: Wednesday, December 14th 2011 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 at 4700, resistance at 4850 Buy Axis bank around 955, Target: 970, SL 945 – (book profit at 971) (trade in small quantity) 11.17am – Sell GAIL (fut) at 386.30, target: 377. Stoploss: 395 (1-2 day hold) – (Book profits a...

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Wall Street closes lower on Fed disappointment

Posted on: Wednesday, December 14th 2011 and is filed under Market News.

By Ryan Vlastelica NEW YORK (Reuters) – Stocks fell for a second straight day on Tuesday after the Federal Reserve gave no hints of new stimulus measures to offset the effects of the worsening European debt crisis. Though the Fed did leave the door open to further easing next year...

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Rupee tumbles to all-time low of Rs 53.36/US dollar

Posted on: Tuesday, December 13th 2011 and is filed under Market News.

The rupee sank to a record low of 53.21 per dollar on Tuesday on worries Europe’s debt crisis could exacerbate the growth slowdown in Asia’s third-largest economy. At 9:05 a.m. (0335 GMT), the partially convertible rupee was at 53.15/18, after falling 1.53 percent on Monday ...

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Intraday calls for 13-12-11

Posted on: Tuesday, December 13th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, support at 4700 Buy Infosys on dips ...

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No Anna effect: Cong, NCP sweep Maharastra civic polls

Posted on: Tuesday, December 13th 2011 and is filed under Market News.

Mumbai: It is a big sweep for the Nationalist Congress Party (NCP) and the Congress in the Maharashtra civic polls with the parties winning as many as 80 local bodies. The opposition parties, Shiv Sena and Bharatiya Janata Party (BJP) managed to bag just 14 civic bodies. The results sug...

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IIP IN NEGATIVE – Oct IIP sinks to -5.1% vs 11.4% y-o-y

Posted on: Monday, December 12th 2011 and is filed under Market News.

India’s industrial output shrunk by 5.1% in October after witnessing a sustained slowdown over the past few months, led by a steep fall in production of almost sectors, particularly manufacturing, mining and capital goods. Factory output, as measured by the Index of Industrial Prod...

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Intraday calls for 12-12-11

Posted on: Monday, December 12th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open a bit higher. Resistance for Nifty is at 4930 and support at 4850. Buy Aban Offshore Ltd at 359, target: 368. Stoploss: 352 – (SL Triggered) Trade in small quantity ...

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