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International news of the week

Posted on: Saturday, February 19th 2011 and is filed under Market News.

Saturday Cairo: Egypt’s military leadership vows to oversee a “peaceful transition” to democracy and pledges its commitment to all international treaties, a day after Hosni Mubarak bowed out as President in the wake of an unprecedented uprising against his 30-year rule....

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Gold Rises, Silver Goes to 30-Year High as Middle East Unrest Spurs Demand

Posted on: Saturday, February 19th 2011 and is filed under Market News.

Gold rose, silver gained to a 30- year high and palladium jumped to the highest price in almost 10 years on demand for precious metals to hedge against declines in other assets because of unrest in the Middle East. At least five people have been killed since demonstrations against Bahrai...

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Intraday calls for 18-02-11

Markets likely to open flat, resistance at 5580, support 5450 Sell Bombay Dyeing on rise for a target of 345 – (book profit in bombay dyeing at 354) 1.45 pm – buy bajaj electric in small quantity at 224, target: 229-231. stoploss: 219 Read More..
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Reliance Mutual Fund launches first SIP in gold

Posted on: Thursday, February 17th 2011 and is filed under Market News.

Reliance Mutual Fund today launched India’s first systematic investment plan (SIP) in Reliance Gold Savings Fund, wherein premium will be made on a monthly basis. CEO of Reliance Capital Asset Management Sundeep Sikka said it was the first SIP in gold introduced in the domestic mut...

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Intraday calls for 17-02-11

Markets to open flat, Resistance for nifty is at 5520 and support at 5460 Buy Aegis Logistics buy at 292, target: 300. stoploss: 285 11.41am – Sell educomp (fut) at 492 target: 482. Stoploss: 500 Nifty In...

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Anil Ambani called to CBI

Posted on: Thursday, February 17th 2011 and is filed under Market News.

It was a holiday at the Central Bureau of Investigation (CBI) headquarters in the capital today. But it quickly turned into a hub of activity as Anil Ambani, chairman of Reliance-ADAG, walked in at around 4 pm. This was the first time that Ambani was called to the CBI headquarters in con...

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Intraday calls for 16-02-11

Markets likely to open flat, Resistance at 5500, support 5410 Sell Subex at 61, Target: 58.50, SL 63 Nifty Index/Future Live Chart with TOP Indicators – Click to view ...

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Unrest Grows in Bahrain as Police Kill a 2nd Protester

Posted on: Wednesday, February 16th 2011 and is filed under Market News.

By Glen Carey and Mohammed Hatem (Updates with Amnesty International comment in ninth paragraph, markets in 11th and 12th.) Feb. 15 (Bloomberg) — Rallies in Bahrain to demand democracy and an end to discrimination against the Shiite Muslim majority escalated after the death of a s...

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Intraday calls for 15-02-11

Markets likely to open flat, resistance for Nifty 5500 Sell Tata motors around 1210, Target: 1188, SL 1230 – (sl triggered) Nifty Index/Future Live Chart with TOP Indicators – Click to view ...

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Corruption, inflation major concerns for Indian stock market, finds JP Morgan survey

Posted on: Tuesday, February 15th 2011 and is filed under Market News.

Corruption and inflation were major concerns among Indian investors, according to a survey done by ValueNotes on behalf of JP Morgan Asset Management in December. However, investors were less worried about the global economy, keeping the overall confidence high, the survey showed. Also...

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