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Deora asks states to cut sales tax on fuel

Posted on: Monday, June 21st 2010 and is filed under Press Releases.

In a bid to lower the impact of an unavoidable hike in petrol and diesel prices, Oil Minister Murli Deora has asked states like Delhi and Andhra Pradesh to lower sales tax (VAT) on auto fuels and shift towards specific rates. As the government considers freeing petrol and diesel prices, ...

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Reliance Comm to sell unit stake to GTL, PE

Posted on: Monday, June 21st 2010 and is filed under Stock News.

Anil Dhirubhai Ambani Group plans to sell a stake in Reliance Communications’ telecoms tower unit to GTL Infrastructure and a private equity investor, a newspaper reported today. The sale in Reliance Infratel will be through a combination of cash and stock, the paper said citing ba...

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Intraday calls for 21-06-10

Posted on: Monday, June 21st 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap up opening. Resistance for nifty is at 5330. Buy United Phosphorus Ltd at 190.30, target: 198. Stoploss:186 If markets show weakness later during the day, sell: ICICI Bank Trade in small quantities. ...

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Bin Ladin group to become Maytas Infra co-promoter

Posted on: Saturday, June 19th 2010 and is filed under Market News.

The $5 billion Saudi Bin Ladin group was founded by 1931 by the late Sheikh Mohammed Bin Ladin, who is also the father of the world’s most wanted terrorist and al-Qaida founder Osama Bin Laden. The group, which disowned Osama Bin Ladin in 1994 much before he shot to notoriety for master...

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Mukesh unveils 10-year plan to double enterprise value

Posted on: Saturday, June 19th 2010 and is filed under Market News.

Roadmap for mega entry into power, 4G services. His brother Anil Ambani disappointed the cameras by not turning up at the much-hyped annual general meeting (AGM) and the tone of the speech to his “dear shareholders” was too matter of fact. But Reliance Industries Limited (RIL) Chairm...

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Intraday calls for 18-06-2010

Posted on: Friday, June 18th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly lower. Support for nifty is at 5230 If markets show recovery later during the day, buy: Exide Industries. ...

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Earnings Warnings Threaten Double-Dip Summer – Wall Street

Posted on: Thursday, June 17th 2010 and is filed under Market News.

Commentary: Focus to shift from Europe in July Add earnings warnings and lower estimates to the widening mess of oil spillage, BP PLC’s fight for its life and Europe’s debt crisis this summer. Concerns about the impact on corporate profits from things like the weak euro and ...

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Intraday calls for 17-06-10

Posted on: Thursday, June 17th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a flat opening. Resistance for nifty is at 5255 and support at 5180 Buy Biocon Ltd at 311.30, target: 321. Stoploss: 306. Penny Stock Alert: CENLUB ...

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Cenlub Industries – 105% Profits

Posted on: Thursday, June 17th 2010 and is filed under Penny Stocks.

Call given at 20, CMP 41.50, Mid term investors are advised to book profits at 41, Long term investors may book partial profits and continue to hold the rest Cenlub Industries is in the field of design, manufacture and supply of Centralised Lubrication System for various Machines, Plants...

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Top 100 Stocks with the Highest P/E

Posted on: Wednesday, June 16th 2010 and is filed under Press Releases.

Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 16th June 2010 But ...

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