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Jet surprises with size of Q1 loss; pricing pressure hurts

Posted on: Monday, July 25th 2011 and is filed under Market News.

MUMBAI (Reuters) – India’s largest private airliner, Jet Airways, on Friday surprised the markets by posting a much lower loss than expected on better revenue and a one-time gain, but the carrier cautioned high fuel and intense competition hurt performance. The Mumbai-based a...

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Weekly Review: Markets advance 1%, IT shares lead

Posted on: Saturday, July 23rd 2011 and is filed under Market News.

Markets clocked 1% gains for the week as upbeat earnings by some companies lifted sentiment and Greece bail out news by European Union improved risk appetite for equities. The Nifty started the week on a positive note and touched a high of 5,645 mid-week. Soon after, the index succumbed ...

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Twin terror attacks shock Norway

Posted on: Saturday, July 23rd 2011 and is filed under Market News.

Eyewitness Ingunn Anderson says she saw many injured people Norway has been hit by twin attacks – a massive bomb blast in the capital and a shooting attack on young people at a governing Labour Party youth camp. At least seven people were killed in the bombing, which inflicted hug...

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Sesa Goa slips 4% on weak Q1 numbers

Posted on: Friday, July 22nd 2011 and is filed under Market News.

Iron ore producer and exporter Sesa Goa tumbled by as much as 4% in morning trade today on the bourses after the company posted disappointing first quarter earnings. The company yesterday announced a consolidated net profit of Rs 840.59 crore for the first quarter ended June 30, 2011, co...

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Intraday calls for 22-07-11

Posted on: Friday, July 22nd 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, Resistance at 5620 support at 5530 Buy Siemens at 929, Target: 942, SL 922 ...

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U.S. and EU upbeat debt news fuels rally

Posted on: Friday, July 22nd 2011 and is filed under Market News.

By Chuck Mikolajczak NEW YORK (Reuters) – Stocks climbed on Thursday as signs of progress on the U.S. debt talks and concrete action from Europe on its own debt crisis heartened investors. Unexpectedly robust results from Morgan Stanley (NYSE:MS – News), whose shares rose 11...

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Intraday calls for 21-07-11

Posted on: Thursday, July 21st 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 5540 and resistance at 5620. Buy ITC on dips ...

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FIIs more bullish on Indian equities than DIIs

Posted on: Thursday, July 21st 2011 and is filed under Market News.

Former raise stake, and latter prune holding, in over half of top BSE 500 firms; analysts see foreign preference for safety in returns. Despite uncertainties in the global markets, foreign institutional investors (FIIs) remained bullish on Indian companies during the quarter ended June 3...

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Crompton trips on bleak outlook

Posted on: Thursday, July 21st 2011 and is filed under Market News.

Aircraft purchase, insider trading charges add to panic selling. Crompton Greaves was again in the eye of a storm today, forcing the management to go into a damage control mode. While the disappointing first quarter results announced yesterday were the biggest trigger, weak management gu...

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