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Ayodhya verdict sparks off online activism

Posted on: Sunday, October 3rd 2010 and is filed under Market News.

“Stay together, stay one. India first, all else after” — tweeted Amitabh Bachchan on the morning of September 30. About 81 million internet subscribers across the country echoed his views throughout the day. Passions ran high as Indian users reinvented social activism by discussing...

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Maruti, Hyundai, M&M report record sales

Posted on: Saturday, October 2nd 2010 and is filed under Market News.

Buoyant growth continued unabated in the passenger car and commercial vehicle segments, with sales (including exports) of the country’s leading automobile makers rising 20.6 per cent in September to 290,252 units, compared to 240,656 units in the month last year. The leading car makers...

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Intraday calls for 01-10-10

Markets likely to open slightly higher. Support for nifty is at 5980 and resistance at 6100 Buy NIIT Technologies Ltd at 202.80, target: 210. Stoploss: 197 – (Book profits at 211) 11.10am – buy KPR mills at 210.70, target: 216. Stoploss: 205 – Looks strong Technically ...

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Sebi bars 197 FIIs, 342 sub-accounts from market

Posted on: Thursday, September 30th 2010 and is filed under Market News.

Mumbai: In a late development, capital market regulator Securities and Exchange Board of India (Sebi) on Thursday declared 197 foreign institutional investors (FIIs) and 342 sub-accounts as non-compliant entities. Funds of ABN AMRO Bank, Standard Chartered and Bank of New york are among t...

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Ayodhya verdict: HC rules divide land into 3 parts

Posted on: Thursday, September 30th 2010 and is filed under Market News.

Lucknow: The three-judge special Lucknow bench of Allahabad High Court ruled by majority that the disputed land in Ayodhya be divided into three parts and be distributed among the Sunni Wafk Board, Nirmohi Akhara and the party for ‘Ram Lalla’. The High Court ruled that the lan...

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Koutons Retail dives to record low as ICRA suspends rating

Posted on: Thursday, September 30th 2010 and is filed under Market News.

Koutons Retail India was frozen at the 20% lower circuit at Rs. 172.70 at 09:05 IST on BSE, extending Wednesday’s 20% plunge, on reports a credit rating agency has suspended its ratings assigned to the retailer citing absence of requisite information. Meanwhile, the BSE Sensex was...

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Intraday calls for 30-09-10

Buy Bajaj Auto at 1491, target: 1515, SL 1475 – (SL triggered) Nifty has support at 5980 and resistance at 6100 – ...

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It’s official, Mahindra Satyam FY10 loss at Rs 125 cr

Posted on: Wednesday, September 29th 2010 and is filed under Press Releases.

Mahindra Satyam (formerly Satyam Computer) today reported a consolidated loss of Rs 124.60 crore for year ended March 2010, a far better show from the previous fiscal when it had plunged into a deep crisis after founder B Ramalinga Raju admitted to multi-crore rupee scam. Helped by a sha...

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HC: Shut down Sterlite plant

Posted on: Wednesday, September 29th 2010 and is filed under Market News.

Pulling up officials of the Central and state governments for giving clearance and consent to Sterlite Industries (India) Limited without following the mandatory provisions of law, the Madras high court on Tuesday ordered the immediate closure of its copper smelting plant in Thoothukudi. ...

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Intraday calls for 29-09-10

Posted on: Wednesday, September 29th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher. Support for nifty is at 5980 and resistance at 6100 Buy BF Utilities Ltd at 1102.60, target: 1130. Stoploss: 1075 – (Book profits at 1130) ...

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