Quotes with Resistance & Support
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BUY TATASTEEL – Target Achieved

Posted on: Wednesday, May 5th 2010 and is filed under Swing Calls.

Buy TATASTEEL CMP 565, Target: 580-585, SL 552 Target Achieved Call given by Kartik ...

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Intraday calls for 05-05-10

Markets likely to see a gap down opening. Nifty has support near 5030 and resistance at 5160 If markets show recovery later during the day, buy: Nagarjuna Construction above 182 and Shre...

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Soaring VIX Index May Signal More Trouble Ahead for Stocks

Posted on: Wednesday, May 5th 2010 and is filed under Market News.

Europe’s spreading debt crisis-combined with an overdue stock pullback and the prospect of the Federal Reserve withdrawing its economic support-added up to one thing Tuesday: Fear. As the Dow Jones industrial average tumbled more than 200 points and safe-haven moves for US Treasury...

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Stocks slide as new doubts about Greek aid emerge – Wall Street

Posted on: Wednesday, May 5th 2010 and is filed under Market News.

Tim Paradis, AP Business Writer, On Tuesday May 4, 2010, 4:34 pm NEW YORK (AP) — Stocks plunged around the world Tuesday as fears spread that Europe’s attempt to contain Greece’s debt crisis would fail. The euro fell to its lowest point against the dollar in a year. T...

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Some respite for Sugar companies?

Posted on: Tuesday, May 4th 2010 and is filed under Market News.

Some respite could be in store for sugar companies as per the latest development.. The government will consider reinstating the tax (Import Duty) after assessing cane production, said Pawar ...

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Ulips set to get a makeover

Posted on: Tuesday, May 4th 2010 and is filed under Market News.

The move is being seen as an attempt to silence Irda’s critics, including the Securities and Exchange Board of India which has termed unit-linked insurance plans (Ulips) as investment schemes, since in some products the risk cover is limited to 2 per cent of the premium. For sta...

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Intraday calls for 04-05-10

Markets likely to see a flat opening. Support for nifty is at 5200 and resistance at 5320. Buy Hyderabad Industries Ltd at 667.70, target: 684. Stoploss: 658 10.11am – Book profits in btst call SRF at 232.80 ...

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NYSE sells 5% stake in NSE to Temasek

Posted on: Monday, May 3rd 2010 and is filed under Market News.

MUMBAI: US-based stock exchange NYSE today announced selling its five per cent stake in India’s top bourse NSE to Singapore government’s investment arm Temasek. The deal marks exit of New York Stock Exchange from National Stock Exchange and Temasek’s entry as shareholde...

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Satluj Jal Vidyut Nigam IPO subscribed 6.5 times

Posted on: Monday, May 3rd 2010 and is filed under IPO Views.

SJVNL, which is planning to raise about Rs12bn via the IPO, has fixed a price band of Rs23-26 per share. The IPO of Satluj Jal Vidyut Nigam Ltd. (SJVNL) was subscribed 6.48 times as of 5:00 pm today, the last day for subscription, according to the NSE web site. The public sector hydro-p...

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SJVNL IPO subscribed 1.16 times on final day

Posted on: Monday, May 3rd 2010 and is filed under IPO Views.

The Rs 1,000-crore initial share sale offer of state-run hydro power producer SJVNL, which is the first public issue of a PSU in the current fiscal, has received good response from investors and got subscribed 1.16 times on its final day today. The initial public offer (IPO) got bids fo...

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