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ITC net profit surges 25%, but stock stumbles

Posted on: Saturday, May 21st 2011 and is filed under Market News.

Cigarette-to-hotels major, ITC Ltd, has posted a 24.6 per cent rise in net profit to Rs 1,281.5 crore for the fourth quarter of 2010-11, as against Rs 1,028.2 crore during the same period during the last financial year. The company’s stocks, however, turned volatile and lost 1.82 per c...

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Markets trade strong

Posted on: Friday, May 20th 2011 and is filed under Market News.

After touching a high of 18,356, up 157 points from the opening, the Sensex is moving sideways. The Nifty added 52 points at 5,480 and the Sensex gained 178 points at 18,319. The broader markets too have advanced with the uptrend. The smallcap and the midcap indices have added 0.8% each ...

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Intraday calls for 20-05-11

Posted on: Friday, May 20th 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 for Nifty at 5400 and resistance at 5450. Buy JB Chemicals at 163.50, Target: 170, SL 158 – ( sl triggered in jb chemicals) ...

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Japan Slides into Recession

Posted on: Thursday, May 19th 2011 and is filed under Market News.

TOKYO—Japan’s economy contracted at a much-worse-than-expected 3.7% annualized rate in the January-March period, tipping the country into a recession as the March 11 earthquake and tsunami caused declines in consumer spending, business investment and private-sector inventories. B...

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Intraday calls for 19-05-11

Posted on: Thursday, May 19th 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 5360 and resistance at 5450 Buy HDFC at 646, Target: 658, SL 638 ...

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Bajaj Auto net soars twofold to Rs 1,400 cr

Posted on: Thursday, May 19th 2011 and is filed under Market News.

The country’s second largest two-wheeler maker Bajaj Auto on Wednesday reported an over twofold jump in standalone net profit for the quarter ended March, to Rs 1,400.4 crore. It had posted a net profit of Rs 528.7 crore for the corresponding period last year, Bajaj Auto said in a filin...

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Intraday calls for 18-05-11

Posted on: Wednesday, May 18th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, Resistance for Nifty at 5480 Buy Berger Paints around 103, Target: 108, SL 99 ...

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Prestige Estates FY11 net rises 29% to Rs 167 cr

Posted on: Wednesday, May 18th 2011 and is filed under Market News.

Bangalore-based realty firm Prestige Estates Projects today said its consolidated net profit grew 28.74% to Rs 166.66 crore in the year ended March 31, 2011, over the previous fiscal. The group had a consolidated net profit of Rs 129.45 crore in the last fiscal, Prestige Estates Projects...

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Intraday calls for 17-05-11

Posted on: Tuesday, May 17th 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 5470 Buy Satyam computers on dips ...

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Rate-sensitives drag markets lower

Posted on: Monday, May 16th 2011 and is filed under Market News.

The markets closed in the red for thr first trading day of the week in sync with the Asian and European markets which too were in the red for the day. The inflation data which appears to be better than the previous month largely due to the base effects failed to make any impression on the...

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