Quotes with Resistance & Support
Market Information

Promoters raise own stakes in dull market

Posted on: Wednesday, November 2nd 2011 and is filed under Market News.

Buy 150 million shares for Rs 2,000 crore in 73 BSE-500 companies. The equity market sentiment may be weak, but promoters seem to be showing confidence in their listed firms. Promoters of top corporate houses or groups such as Tata, Bajaj, Vedanta, Anil Ambani’s Reliance group, Mahindr...

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Intraday calls for 01-11-11

Markets likely to open lower, support for Nifty at 5280, resistance at 5350 Buy Tata Coffee on dips ...

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Credit flow to infra sector declines

Posted on: Tuesday, November 1st 2011 and is filed under Market News.

Retail loans increased: RBI data. Credit growth to the infrastructure sector has seen a decline in September, while retail loans increased significantly, according to data released by the Reserve Bank of India. The figures show a 20.3 per cent comedown on year-on-year credit growth to t...

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Intraday calls for 31-10-11

Markets likely to see a flat opening.. Resistance for nifty is at 5380 and support at 5320. Buy Aban offshore at 422-425, target: 434. Stoploss: 416 ...

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Say no to some investments

Posted on: Monday, October 31st 2011 and is filed under Market News.

During high inflation times, calculate real returns to maximise wealth. Any investment advice is always on where to put one’s money. And rarely is an investor told about investment avenues and instruments that he needs to avoid. There are various reasons that have to be well thought ou...

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Maruti’s Q2 net profit slips 60%

Posted on: Sunday, October 30th 2011 and is filed under Market News.

Board approves land purchase to set up one-million-unit plant in Gujarat. Hit by a month-long labour unrest at its plant in Manesar, coupled with a slowdown in automobile sales, Maruti Suzuki saw a 59.81 per cent decline in its net profit to Rs 240.44 crore for the quarter ended Septembe...

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Indian Hotels turns around, posts Rs 8 cr profit

Posted on: Friday, October 28th 2011 and is filed under Market News.

Indian Hotels Company today reported profit after tax of Rs 8.12 crore for the second quarter ended September 30, 2011, over the same period previous fiscal. The company had posted a net loss of Rs 6.30 crore in the same period last financial year, Indian Hotels Company said in a filing ...

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Intraday calls for 28-10-11

Markets likely to open gap up. Support for nifty is at 5170 and resistance at 5330. Buy Jaypee Infratech at 62.80, target: 65.50. Stoploss: 61. Buy Hindalco Industries at 128.25, target: 133. Stoploss: 126 2.55pm – buy VIP ind at 854, target: 870. Stoploss: 840 (1-2 day hold) B...

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Barroso: Europe ‘closer to resolving eurozone crisis’

Posted on: Thursday, October 27th 2011 and is filed under Market News.

European Commission President Jose Manuel Barroso has said Europe has moved closer to solving the eurozone debt crisis, as an agreement was reached in Brussels. Addressing the European Parliament in Strasbourg, Mr Barroso said the deal showed the EU could unite in the most difficult of t...

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Food inflation rises further, at 11.43 percent

Posted on: Thursday, October 27th 2011 and is filed under Market News.

A week after it breached double digits, India’s food inflation continued with its upward climb and was recorded at 11.43 percent for the week ended Oct 15, official data showed Thursday. The rise was due to a jump in prices of pulses, milk and vegetables. Food inflation had crossed...

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