Quotes with Resistance & Support
Market Information

Hero MotoCorp Q2 net up 19% at Rs 604 cr

Posted on: Wednesday, October 19th 2011 and is filed under Market News.

The country’s largest two-wheeler maker Hero MotoCorp today reported 19.39% jump in its net profit for the quarter ended September 30 at Rs 603.62 crore due to highest-ever vehicle sales in the period. The company had posted a net profit of Rs 505.60 crore in the corresponding peri...

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HCL Tech Q1 net up 50% at Rs 496 cr

Posted on: Tuesday, October 18th 2011 and is filed under Market News.

IT firm HCL Technologies (HCLT) today posted a 50% year-on-year jump in net profit to Rs 496.7 crore for the first quarter ended September 30, 2011. The company’s net profit stood at Rs 331.1 crore in the July-September quarter of 2010, HCLT said in a statement. HCLT follows a Jul...

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Intraday calls for 18-10-11

Markets likely to open lower, support for Nifty at 5070 Buy TCS on dips (trade in small quantity) ...

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Stocks Slump on Euro Zone Worries; All 30 Dow Stocks Drop

Posted on: Tuesday, October 18th 2011 and is filed under Market News.

NEW YORK (Reuters) – Stocks suffered their worst loss in two weeks on Monday after comments from Germany’s finance minister showed Europe’s progress in solving its debt crisis may not come fast enough. Basd on the latest available data, the Dow Jones industrial average ...

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Intraday calls for 17-10-11

Markets likely to open a bit higher. Resistance for nifty is at 5170 and support at 5070 Buy IDFC above 125, target: 128.50. Stoploss: 123 Buy BEML around 505-510, target: 522. Stoploss: 496 Trade in small quantities. ...

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Investors lost money in 85% of GDRs issued in 2010 says recent study

Posted on: Monday, October 17th 2011 and is filed under Market News.

Investments in GDRs have delivered negative 52% average return on investment. Information technology, media and consumer staples companies were the major underperformers. Last year GDRs were a good option due to rising local markets, this year this route seems to have soured for global in...

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Power crisis may worsen as Coal India workers threaten strike

Posted on: Sunday, October 16th 2011 and is filed under Market News.

The government’s efforts to improve the grim power situation due to coal shortage may come to a naught, with CIL workers threatening to go on a 72-hour strike demanding a hike in bonus and pay revision. “Over three lakh workers of CIL along with two lakh contract workers woul...

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RIL posts highest net profit, grows by 16%

Posted on: Sunday, October 16th 2011 and is filed under Market News.

Higher gross refining margins have helped Reliance Industries (RIL) offset lower oil and gas production and post its highest net profit ever. Meeting forecast, RIL reported a 15.8 per cent rise in its net profit at Rs 5,703 crore for the July-September quarter of 2011. Its net profit for ...

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S&P downgrades Spain on weak growth outlook

Posted on: Friday, October 14th 2011 and is filed under Market News.

Standard & Poor’s has cut Spain’s long-term credit rating by one notch, from AA to AA-, because of weak growth and high levels of private-sector debt. The ratings agency added that the country’s high unemployment would remain a drag on the economy. Last week, the ...

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Intraday calls for 14-10-11

Markets likely to open flat, support at 5030 Buy BHEL at 332, Target: 338, SL 328 (trade in small quantity) ...

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