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Markets likely to consolidate around 5050

Posted on: Monday, May 31st 2010 and is filed under Market Outlook.

Today Nifty manged to gain 20 points and ended at 5086, on the other hand Sensex gained 82 points and finally closed at 16, 845. Nifty opened up flat, but made some gains around noon. Today’s upswing was led by the PSU, Auto and the Pharma stocks. European indices were trading mixed a...

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Suzlon ends difficult year on Rs 983-cr loss

Posted on: Monday, May 31st 2010 and is filed under Stock News.

Wind turbine maker Suzlon Energy posted a net loss of Rs 188 crore for the fourth quarter ended March 31, as against a net profit of Rs 314.9 crore in the year-ago period, hurt by continued turbulent times for the wind energy industry. In the fourth quarter of 2009-10, the group clocked ...

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Gross domestic product – GDP data Defination & Calculation

Posted on: Monday, May 31st 2010 and is filed under Market News.

The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country’s overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living, ...

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Intraday calls for 31-05-10

Posted on: Monday, May 31st 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. Support for nifty is at 5000 and resistance at 5095. Buy Shoppers Stop Ltd at 420-424, target: 432. Stoploss: 415. Buy Aurobindo Pharma at ...

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Shoppers Stop – Target hit!!

Posted on: Monday, May 31st 2010 and is filed under Techinicals Breakouts NSE BSE.

Shoppers stop had made a triple top formation near the 405-410 range and is currently trading at 424. One can enter it for a short term target of 445-450. Stoploss: 400-410 ...

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British Petroleum’s top kill failed to seal oil gusher

Posted on: Sunday, May 30th 2010 and is filed under Market News.

Washington: British Petroleum (BP) failed to seal off the oil gusher in the Gulf of Mexico after three days of trying the so-called top kill effort, BP chief operating officer Doug Suttles has said. The growing ecological disaster – the largest marine oil spill in US history &#...

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NSE plans new short-selling system

Posted on: Friday, May 28th 2010 and is filed under Market News.

Move aimed at luring more investors to the market. The National Stock Exchange (NSE), the country’s largest bourse, plans to offer a new system for short sales within the next few weeks, a move aimed at luring investors to the local market after expanding in the US and Singapore. The c...

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StanChart India public offer 24% covered by 1.05 pm

Posted on: Friday, May 28th 2010 and is filed under IPO Views.

The public portion of UK bank Standard Chartered’s sale of Indian depositary receipts was 24 per cent covered as of 1.05 pm (0735 GMT) on Friday, on the last day of book building in a deal that drew sluggish response on its first three days, exchange data showed. Of the 204 million...

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Intraday calls for 28-05-10

Posted on: Friday, May 28th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Prakash Industries Ltd at 166, Target: 172, SL 162 Buy Tata Steel Ltd at 494, Target: 505, SL 488 ...

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Intraday calls for 27-05-10

Posted on: Thursday, May 27th 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. Support for nifty is at 4880-4900. Resistance at 4970 Buy Omnitech Infosolutions Ltd at 153.50-155.60, target: 160. Stoploss: 150 Sell Amtek Auto at 156.55-158, target: 152. Stoploss: 160 ...

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