Quotes with Resistance & Support
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Intraday calls for 24-08-10

Markets likely to see a flat opening. Support for nifty is at 5500. Buy Bajaj Hindusthan Ltd at 126, target: 131. Stoploss: 123 Trade in small quantities. ...

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AIG repaying nearly $4 billion in federal loans

Posted on: Tuesday, August 24th 2010 and is filed under Market News.

Mark Jewell, AP Business Writer, On Monday August 23, 2010, 11:07 am EDT In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer’s...

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India will beat China says Morgan Stanley

Posted on: Tuesday, August 24th 2010 and is filed under Market News.

By 2013-15, India will outpace China’s growth, predicts Morgan Stanley, basing its arguments on the same old demographic facts. A Morgan Stanley (MS) report dated 13th August makes a bold statement: By 2013-15, India will start outpacing China’s gross domestic product (GDP) growth. A...

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Tata Global Beverages plans restructuring: Tata

Posted on: Monday, August 23rd 2010 and is filed under Market News.

Tata Global Beverages, formerly Tata Tea Ltd, is considering restructuring the company’s operations at various levels and aiming to launch a new nutrition-based beverage, top officials said on Monday. “We are looking at merging like businesses. Whenever we believe there is sc...

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Intraday calls for 23-08-10

Markets likely to open flat Buy Adani Enterprises at 641, Target: 655, SL 632 ...

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Intraday calls for 20-08-10

Markets likely to open flat Buy Videocon Industries at 246, Target: 252, SL 242 ...

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Intel to buy McAfee for $7.68 bn

Posted on: Thursday, August 19th 2010 and is filed under Press Releases.

Chip maker Intel Corp said it would buy security technology firm McAfee Inc for $7.68 billion in an effort to make security technology a strategic focus. Intel said it would pay $48 per share in cash for McAfee in its biggest acquisition ever. The price is a 60 per cent premium to McAfee...

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Intraday calls for 19-08-10

Markets likely to open flat, strong resistance at 5510. Buy SKF India at 586, Target: 596, SL 579 Buy LT 1794, Target: 1815-1820, SL 1770 Trade in small quantity ...

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ADAG to buy 26% stake in Indiabulls’ Icex

Posted on: Wednesday, August 18th 2010 and is filed under Press Releases.

Icex, which started operations less than a year ago, was founded by Indiabulls and MMTC. It later roped in other investors Reliance-Anil Dhirubhai Ambani Group (ADAG) is reportedly acquiring a 26% stake from Indiabulls Financial Services in Indian Commodity Exchange (Icex). Icex, which...

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Intraday calls for 18-08-10

Markets likely to open gap up Buy Dish TV India Ltd at 51.95, Target: 53, SL 50.20 Buy IDBI Bank Ltd at 129, Target: 133, SL 126 (Book profits around 132.50) 2:30pm: Btst not allowed for Today, since tomorrow is a Clarance Holiday (Markets are open) ...

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