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Watch a pirated film and fund terrorism

Posted on: Friday, April 23rd 2010 and is filed under Market News.

It is a damning report. The New York-based Rand Corporation’s 182-page report, ‘Film piracy, organized crime and terrorism’ essentially says film piracy is increasingly becoming a way to finance terrorism. It draws examples from North America, China, Spain, Italy, Hong Kong, and Ind...

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Markets give up the gains – Greek budget deficit spiked to 13.6 percent of national income in 2009, way more than thought

Posted on: Thursday, April 22nd 2010 and is filed under Market News.

Financially-stricken Greece is showing an even bigger budget deficit for 2009 than previously thought. Figures Thursday from the European Union’s statistics office show that the budget deficit in 2009 as a percentage of economic output was 13.6 percent — up from the previous ...

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Results today – 22-04-10

Posted on: Thursday, April 22nd 2010 and is filed under Market News.

Results Today: ACC, Ambuja Cements, Birla Corp, Coromandel International, Esab India, FAG Bearings, Gujarat Gas, Indiabulls Power, Nestle, Rallis India, Sterlite Technologies, Strides Acrolab, Wipro & Zensar Technologies ...

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Intraday calls for 22-04-10

Posted on: Thursday, April 22nd 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a slightly lower opening. Support for nifty is at 5150 and resistance at 5260. If markets show some recovery later during the day, buy: The Indian Hotels & Piramal Glass ...

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Sovereign debt crisis facing Europe Likely to Spread: Roubini

Posted on: Wednesday, April 21st 2010 and is filed under Market News.

The sovereign debt crisis facing Europe, which started in Greece, is spreading to many other large economies in the Organization for Economic Cooperation and Development (OECD), according to New York University professor of economics Nouriel Roubini. “Public debt sustainability has...

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Wary investors keep away from new listers

Posted on: Wednesday, April 21st 2010 and is filed under Market News.

Investors apathy towards new listings continues as seen from the decline in the shares of most of the companies that debuted on the bourses this month. Four of the five initial public offerings (IPOs) listed in the past three weeks are quoting at a significant discount to their offer pri...

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Intraday calls for 21-04-10

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

Markets likely to open flat. Nifty has support at 5150 and resistance at 5260. Buy Great Eastern Shipping Company Ltd at 332.75, target:342. Stoploss: 326 Buy Supreme Petrochem Ltd at 44.90, target: 47. Stoploss: 42.50 ...

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Credit Policy: RBI raises policy rates, CRR by 25 bps

Posted on: Tuesday, April 20th 2010 and is filed under Market News.

In it annual credit policy review, the Reserve Bank of India raised the repo, reverse repo rates and the CRR by 25 basis points each. This is in line with street expectation, although a section of the market was expecting a 50 bps hike in the CRR. Markets have started witnessing a relief ...

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Intraday calls for 20-04-10

Posted on: Tuesday, April 20th 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 5150 and resistance at 5260 If markets show recovery later during the day, buy: Time Technoplast & DIC India – (DIC India – book profits at 259) 1.49pm – to hedge longs buy a 5200 put at cmp 50.75 with ...

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Retail loans on the rise, flow to realty plunges

Posted on: Tuesday, April 20th 2010 and is filed under Market News.

The robust credit pick-up in the fourth quarter of 2009-10, which helped the banking system to top central bank’s credit growth projections for the financial year, was primarily driven by retail loans, but credit flow to the commercial real estate sector fell drastically following an in...

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