Quotes with Resistance & Support
Market Information

Intraday calls for 17-01-11

Markets likely to see a flat opening. Support for nifty is at 5630 and resistance at 5700 Buy Hindustan Zinc at 1345-1350, target: 1374. Stoploss: 1330 (Book profits at 1370) Trade in small quantity. Nifty Inde...

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FIIs send shock waves on D-Street

Posted on: Saturday, January 15th 2011 and is filed under Market News.

MUMBAI: The Rs 4,279-crore that the foreign institutional investors (FIIs) have taken out from the stock market in the last ten sessions, is sending jitters down the spine of local investors, who now fear the pace of outflow could pick up further. Institutional dealers said the nearly $1...

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Anil Ambani barred from trading in stocks

Posted on: Saturday, January 15th 2011 and is filed under Market News.

Sebi consent order comes with tough riders. The Securities & Exchange Board of India (Sebi) has barred Anil Ambani and four other directors of Reliance Infrastructure (R-Infra) and Reliance Natural Resources (RNRL) from investing in listed securities until December this year. This i...

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Markets trade lower, eye on inflation data

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

The markets continue to trade in the red on back of weak global cues and selling pressure in rate sensitives ahead of the headline inflation data for the month of December expected at noon today. The S&P CNX Nifty was down 27 points, at 5725 and the Sensex fell 84 points, at 19,098. ...

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Intraday calls for 14-01-11

Markets likely to open flat, Strong support for Nifty at 5700, resistance at 5860 Buy Nelcast at 111, Target: 116, SL 107 (book at 118) 12.09pm – buy sbi at 2568 target: 2590. Stoploss: 2545 Nifty Index/F...

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Infosys Q3 disappoints, economic worries hit outlook

Posted on: Thursday, January 13th 2011 and is filed under Market News.

Infosys Technologies’ weaker-than-expected results sparked concerns over growth rates of India’s showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility. Shares in India’s second largest software exporter fell more...

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Intraday calls for 13-01-11

Markets likely to open flat, next resistance for Nifty at 5980 Buy HDFC Bank around 2208, Target: 2235, SL 2185 (sl triggered) 1.14pm – buy 5800 call at 79 target: 100-105. Stoploss: 5710-5720 Nifty Index...

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World shares gain ahead of Europe debt sales

Posted on: Wednesday, January 12th 2011 and is filed under Market News.

World markets rise ahead of Europe debt sales after overnight gains on Wall Street Pamela Sampson, AP Business Writer, On Wednesday January 12, 2011, 3:51 am EST BANGKOK (AP) — World stock markets climbed Wednesday, pushed higher by an overnight rise on Wall Street following a pl...

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Intraday calls for 12-01-11

Markets likely to open higher, Strong support for Nifty at 5680, Resistance at 5860 Buy Shree Ganesh Jewellry at 193, Target: 199, SL 188 (book profits at 199) 1.50pm – buy dlf at 260 target: 266. stoploss: 254 – (book profits at 264) Read More..
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India-based Business Process Outsourcing companies are taking away US jobs and are recruiting by the thousands. But why are listed BPO stocks doing badly and what is their long-term future?

Posted on: Wednesday, January 12th 2011 and is filed under Market News.

The US is reeling under high unemployment, which is often blamed on India’s Business Process Outsourcing (BPO) sector, which is accused of pulling out jobs from the US to India. That should mean great business for BPOs, right? Well, BPOs remain one of the largest employers and high...

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