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Market likely to be choppy, but traders see no major correction

Posted on: Monday, September 28th 2009 and is filed under Market Outlook.

MUMBAI: Equities may remain choppy in the shortened trading week ahead, in the absence of any major trigger for sharp movements either sides. Despite concerns about stock prices being stretched, after more than doubling since March, market participants do not see any significant declines...

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IDFC – Technical View – Breaks out- Target hit!!

Posted on: Sunday, September 27th 2009 and is filed under Techinicals Breakouts NSE BSE.

IDFC is currently facing strong resistance at 150-151. Once it manages to cross 152 it can head upto 160-165. ...

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List of Holidays NSE/BSE 2009

Posted on: Sunday, September 27th 2009 and is filed under Market News.

Sr. No. Holidays Date Day 1 Moharram 8th January, 2009 Thursday 2 Republic Day 26th January, 2009 Monday 3 Mahashivratri 23rd February, 2009 Monday 4 Id-E-Milad 10th March, 2009 Tuesday 5 Holi 11th March, 2009 Wednesday 6 Ram Navmi 3rd April, 2009 Friday ...

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PM backs Bharti’s bid to acquire stakes in MTN

Posted on: Sunday, September 27th 2009 and is filed under Market News.

Pittsburgh: Prime Minister Manmohan Singh today strongly backed Bharti group’s efforts for acquiring stakes in South African telecom gaint MTN when he took up the issue with President Jacob Zuma and hoped that the deal will go through without any “discrimination”. ̶...

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Air India pilots not ready for talks, to go on mass leave

Posted on: Sunday, September 27th 2009 and is filed under Market News.

MUMBAI: Around 400 Air India pilots, who threatened to go on mass sick leave to protest the airline’s decision to cut their incentives, on Saturday rejected the management’s offer for talks and said they will stick to their agitation plan. Senior executives as well as other p...

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Confidence Petroleum India – 114% Profits

Posted on: Saturday, September 26th 2009 and is filed under Penny Stocks.

Call given at 7, CMP 15. Book 114% (partial) profits at 15 and hold the rest for Long term. Confidence Petroleum India (CONFIPET) is engaged in the liquid petroleum gas (LPG) bottling business. It was incorporated in July 1994 as a private limited company and converted into a limited co...

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IPO pricing in focus; small investors grumble

Posted on: Saturday, September 26th 2009 and is filed under Press Releases.

Mumbai: Jayesh Jhaveri has had enough of Indian IPOs for now. Most Read RIL threatens to stop gas supply to Reliance Infra Wipro-BPO to recruit 15,000 this year Are MIPs of MFs a safe bet? GE extends multi-million dollar deal with Satyam In pics: Ford unveils small car ‘Figo&...

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Pipavav IPO clears SAT after SEBI’s red mark

Posted on: Saturday, September 26th 2009 and is filed under Stock News.

NEW DELHI/MUMBAI: For a good part of Thursday and Friday, thousands of investors in one of the latest initial public offerings — Pipavav IPO Top banking stocks Volatility in the stock markets Measuring market volatility Ten hot money-spinners in India Long term plan for better re...

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Thinksoft lowers IPO price band, extends closure

Posted on: Saturday, September 26th 2009 and is filed under Stock News.

Thinksoft Global Services, a small information technology (IT) company, today extended the closing date of its initial public offer (IPO) and revised the price band after a lukewarm response to the issue. While the subscription period has been extended by four working days till October 1,...

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Sebi may segregate retail, institutional MF schemes

Posted on: Saturday, September 26th 2009 and is filed under Press Releases.

In a bid to protect the interests of retail investors, the Securities and Exchange Board of India (Sebi) is planning a clear segregation of retail and institutional schemes. Sources said Sebi might ask fund houses to create separate portfolios and net asset values (NAVs) for retail and in...

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