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Investors withdraw from Bank of Rajasthan as RBI orders special audit

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

Bank of Rajasthan tumbled 6.29% to Rs 62.60 at 10:25 IST after the Reserve Bank of India ordered a special audit of the accounts of the bank after it found lapses in corporate governance and disclosure norms. The stock had underperformed the market over the past one month till 8 March 20...

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Intraday calls for 10-03-10

Posted on: Wednesday, March 10th 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 If markets show weakness later during the day, sell Sterlite Industries with stoploss at 818-822 – (book profits at 793) 1.37pm – sell siemens at 735, target 723. Stoploss: 744. (trade ...

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Spice communications to merge with Idea Cellular

Posted on: Tuesday, March 9th 2010 and is filed under Market News.

Idea Cellular Ltd (Idea) together with its associate namely Green Acres Agro Services Pvt Ltd, currently holds 49.90% equity in Spice Communications Ltd (Spice). The other major shareholder in Spice is TMI India Ltd which holds around 49.0% equity. The balance around 1.1% is held by publi...

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DLF sees Red on price hike decision

Posted on: Tuesday, March 9th 2010 and is filed under Market News.

DLF slipped around 2% on the back of the company’s decision to increase prices which may deter home buyers as interest rates too have gone up. The stock opened at Rs 317.30 and made a low of 310. Total volumes traded was 16.71 lakh shares on the BSE. ...

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Intraday calls for 09-03-10

Posted on: Tuesday, March 9th 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. Resistance for nifty is at 5160 and support at 5050. Buy Allahabad Bank at 146.45, target: 151. Stoploss: 143 ...

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DQ Entertainment (International) Ltd – IPO Details

Posted on: Monday, March 8th 2010 and is filed under Market News.

DQ Entertainment Ltd. is one of the leading producers of animation, visual effects, game art and entertainment content for the Indian as well as global media and entertainment industry. The company has also forayed into production and distribution of live action television and feature...

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Intraday calls for 08-03-10

Posted on: Monday, March 8th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a positive opening. Resistance for nifty is at 5160 and support at 5050. Buy Avaya GlobalConnect Ltd at 240.55, target: 250. Stoploss: 234. 11.19am – buy globus spirits at 111.50 target 116. stoploss: 108 (sl triggered) ...

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Shiv-Vani Oil & Gas Exploration Services Ltd – Breaks out – Target hit!!

Posted on: Monday, March 8th 2010 and is filed under Techinicals Breakouts NSE BSE.

Shiv-Vani Oil & Gas Exploration Services Ltd is facing strong resistance in the 378-385 range. It has made a triple top formation in this range. A close above 385 can take it higher to 405 levels. it has good support near 365-370 levels. ...

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NMDC plans to buyout Aussie mine for $230-mn

Posted on: Sunday, March 7th 2010 and is filed under Market News.

NMDC plans to buyout Aussie mine for $230-mn as a part of its overseas expansion plan. “A non-binding bid of $230 million has been given to the Australian firm for acquiring 70 per cent stake in one of its mines by a consortium comprising NMDC, Saudi Arabia’s ABS Consulting a...

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Positive Jobs Report Doesn’t Ease Worries of a Double Dip Recession – Wall Street

Posted on: Saturday, March 6th 2010 and is filed under Market News.

Friday’s better-than-expected jobs report, while cheering stock investors, hasn’t taken the threat of a double-dip recession off the table. Even as the jobless rate held steady at 9.7 percent and the 36,000 workers laid off in February was much less than expected, economists ...

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