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Reliance, Bharti, Aircel big winners in 3G auction

Posted on: Thursday, May 20th 2010 and is filed under Market News.

New Delhi: The Indian exchequer is set to swell by Rs 67,718.95 crore ($ 15 billion), with the conclusion on Wednesday of auctions for the crucial airwaves for third generation (3G) telecom services by private players. The amount bid after 183 rounds of the 34-day auction is sharply high...

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RIL halts drilling at KG-D6, as Laila strengthens

Posted on: Wednesday, May 19th 2010 and is filed under Press Releases.

Reliance Industries Ltd – RIL has halted its drilling at KG-D6 for 24-48 hrs as tropical cyclone ‘Laila’ moved towards the east coast of India in the Bay of Bengal. Cyclone Laila is forecast to reach hurricane strength before making landfall in Andhra Pradesh on Thursda...

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Intraday calls for 19-05-10

Posted on: Wednesday, May 19th 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 down opening. Support for nifty is at 4965. If markets show recovery later during the day, buy: Kale Consultants ...

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Geemany’s short selling ban triggers a global sell off

Posted on: Wednesday, May 19th 2010 and is filed under Market News.

Germany’s market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial companies, a move that came as European officials seek to strengthen control of markets. The regulator, BaFin, said the ban — which wa...

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Bank of Rajasthan agreed to merge with ICICI Bank

Posted on: Tuesday, May 18th 2010 and is filed under Stock News.

After reports that stated that the bank’s promoters have begun talks with large private sector banks for a possible merger, it has finally declared to to merge with ICICI bank. Both have agreed to a share swap of 1:4.72. In terms of quantity, every 118 shares of BoR will get 25 shar...

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Jaypee Infra to list on May 21′ 2010

Posted on: Tuesday, May 18th 2010 and is filed under IPO Views.

Incorporated in 2007, Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.Jaypee Infratech Limited (JIL) is a part of the Jaypee Group and incorporated as a special purpose comp...

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SJVN Ltd IPO to list on 20th May’ 2010

Posted on: Tuesday, May 18th 2010 and is filed under IPO Views.

Incorporated in 1988, Satluj Jal Vidyut Nigam Ltd (formerly Nathpa Jhakri Power Corporation Limited – NJPC) is a hydroelectric power generation company, originally established as a joint venture of the Government of India ( GOI ) and the Government of Himachal Pradesh (GOHP) to plan...

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Intraday calls for 18-05-10

Posted on: Tuesday, May 18th 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 4970 and resistance at 5090 Buy Sun TV Network Ltd at 437.30, target: 449. Stoploss:425. (trade in small quantities) 2.46pm – (1-2 day hold) – Buy Indraprastha Gas at 248, target: 260. Strict stoploss: 237 ...

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ABB plans Rs 4,400-cr buyback offer to raise stake to 75%

Posted on: Tuesday, May 18th 2010 and is filed under Market News.

ABB, a global power and automation technology group, will offer shareholders of ABB Ltd, its listed subsidiary in India, Rs 900 per share to increase stake in the company to 75 per cent from the present 52.1 per cent. The aim is to facilitate the long-term development of ABB’s busin...

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Intraday calls for 17-05-10

Posted on: Monday, May 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 gap down opening. Support for nifty is at 4980. If markets show recovery later during the day, buy: Bharat Petroleum Corporation Ltd & Divis Laboratories Ltd
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