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World stocks slide as jump in oil prices renews worries

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

Matthew Craft and David K. Randall, AP Business Writers, On Tuesday March 1, 2011, 5:46 pm EST NEW YORK (AP) — Stocks suffered steep losses as oil prices surged on Tuesday, renewing worries that higher fuel prices could hobble the economic recovery. Oil rose $2.66 to settle at $99...

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Markets to remain closed on Wednesday – 02-03-11

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

Markets to remain closed on Wednesday (02-03-11) on account of Mahashivratri ...

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Intraday calls for 01-03-11

Posted on: Tuesday, March 1st 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 5400 If Markets show some weakness, go short on Infosys for a target of 2975 Nifty Future/Index 1,5,10,15 minute Realtime Charts with TOP Indicators – ...

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Budget: Highlights

Posted on: Monday, February 28th 2011 and is filed under Market News.

Revenue loss from direct taxes at Rs 11,500 cr, Revenue gain from indirect taxes at Rs 11,300 cr Service tax to boost revenue by Rs 4,000 cr AC restaurants serving liquor to pay service tax Legal representation for businesses under service tax Service tax on hotel accomodation abo...

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Intraday calls for 02-28-11

Posted on: Monday, February 28th 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 is at 5260 and resistance at 5340. Buy ABB at 674-678, target: 690. Stoploss: 663 1.44pm – book profit in nifty 5600 call at 76 Nifty Future/Index 1...

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Sebi bars 6 entities from market; slaps Rs 36-cr penalty

Posted on: Saturday, February 26th 2011 and is filed under Market News.

Sectoral regulator the Securities and Exchange Board of India (Sebi) today barred six market intermediaries from trading in securities for allegedly carrying out manipulations in various IPO issues and also slapped a penalty of Rs 36.09 crore. “Roopalben N Panchal, Devangi Panchal,...

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Mphasis falls 27% on weak results, hits year low

Posted on: Friday, February 25th 2011 and is filed under Market News.

Shares of IT and BPO company MphasiS plummeted by nearly 27% in early trade on the BSE today, hit by a sharp dip in net profit for the quarter ended January 31, 2011. Yesterday, MphasiS posted a 15.5% decline in consolidated net profit to Rs 226.67 crore for the November-January quarter,...

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Intraday calls for 25-02-11

Posted on: Friday, February 25th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, next support at 5220 Buy Ranbaxy on dips for a target of 455 – ( book profits at 452) 2.23pm – buy 5600 call at 45 target: 70. hold for 2-3 days. Trade in small quantities
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Fortis buys hospital in Singapore for S$33 mn

Posted on: Friday, February 25th 2011 and is filed under Market News.

Seven months after pulling out of the race for Singapore’s Parkway, Fortis Healthcare, India’s second-largest hospital chain, on Thursday announced its first venture in the city-state, with a S$33-million (about Rs 118 crore) acquisition of an under-construction specialised cancer hos...

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Food inflation at 11% y-o-y on Feb 12 – Higher than market expectation

Posted on: Thursday, February 24th 2011 and is filed under Market News.

Food price index rose 11.49% and the fuel price index climbed 12.14% in the year to February 12, government data on Thursday showed. In the previous week, annual food and fuel inflation stood at 11.05% and 11.92%. The primary articles price index was up 15.77% in the latest week, compar...

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