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Intraday calls for 15-03-10

Posted on: Monday, March 15th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a lower opening. Support for nifty is at 5070 and resistance at 5160. If markets show recovery later during the day, buy: Colgate-Palmolive (India) Ltd ...

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Seven of top-10 cos lose Rs 32,000 cr last week

Posted on: Sunday, March 14th 2010 and is filed under Market News.

In a volatile trade last week, when the Sensex soared to a seven-week high level of over 17,000 points, seven out of top-10 firms lost over Rs 32,000 crore from their market capitalisation, with NMDC losing the most. However, three firms — Reliance Industries (RIL), Infosys Technol...

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NMDC FPO gets poor response

Posted on: Sunday, March 14th 2010 and is filed under Market News.

The follow-on public offer of NMDC, a navratna public sector undertaking, was fully subscribed on the last day. Qualified institutional investors helped the issue to sail through. Their reserved portion was subscribed over two times. Overall, the issue got overbid 1.24 times, as per data ...

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Markets end lacklustre week in green

Posted on: Saturday, March 13th 2010 and is filed under Market News.

Mirroring global cues, Indian markets ended with marginal gains this week. The BSE benchmark index rallied on the first trading day bouyed by strong global cues. Lower number of job cuts signalled a recovery in the US economy. Asian and European markets also ended with big gains. Howeve...

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Vishal Retail gets nod for strategic investor

Posted on: Saturday, March 13th 2010 and is filed under Market News.

Move to help it emerge from a Rs 735-crore debt pit. The crisis-ridden Vishal Retail chain today said it had received approval from lenders for inducting a strategic investor into the company to help it emerge from a Rs 735-crore debt pit. The company said a formal announcement in this ...

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Intraday calls for 12-03-10

Posted on: Friday, March 12th 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 5070 and resistance at 5160. If markets show some recovery later during the day, buy: Fortis healthcare with stoploss at 170-172 11.24am – buy shree renuka sugars in small quantity at cmp 152.80 for short term...

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NMDC issue gets over pricing blues

Posted on: Friday, March 12th 2010 and is filed under Press Releases.

After a sedate start yesterday, the follow-on public offer of NMDC saw interest reviving on the second day of book building, with bids for 79 per cent of the shares on offer. The issue had received bids for only 17 per cent of its size yesterday. According to data on the National Stock E...

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Fortis buys 24% in singapore healthcare giant

Posted on: Friday, March 12th 2010 and is filed under Market News.

Malvinder to be Parkway chairman; acquisition will form Asia’s largest hospital chain. Fortis Healthcare today announced the largest overseas acquisition by an Indian company in the healthcare space, buying the entire 23.9 per cent stake held by TPG Capital in Singapore’s Parkway Hol...

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Intraday calls for 11-03-10

Posted on: Thursday, March 11th 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 5070 and resistance at 5150. Buy Hindustan Petroleum Corporation Ltd at at 339.10, target: 347. Stoploss: 333. If markets show weakness later during the day, sell: HDFC Bank Trade in small quantities. ...

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Don’t expect great returns

Posted on: Wednesday, March 10th 2010 and is filed under Market News.

During the end of the financial year, insurance companies try to tap tax-payers with innovative schemes, including guaranteed returns products. Life Insurance Corporation of India (LIC) recently launched Wealth Plus, which gives guaranteed returns. Last year, it had launched Jeevan Aasth...

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