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Dubai’s Emaar still mulls IPO for India MGF JV

Posted on: Thursday, July 23rd 2009 and is filed under Press Releases.

DUBAI: Emaar Properties is still considering an initial public offering for its India MGF joint venture, in line with its strategy announced last year, the Dubai-based developer said on Thursday. Emaar, which is building the world’s tallest tower, said that while an IPO is being ...

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High tide on Dalal-Street…Nifty above 4500

Posted on: Thursday, July 23rd 2009 and is filed under Market News.

Sensex surged by 404 points or 2.7% to end at 14,248 while, Nifty surged by 130 points or 3% to shut shop at 4,529. The Sensex surged by 404 points or 2.7% to end at 15,248 after touching a high of 15,264.8 and a low of 14,997.7. The index had opened at 15,008 against the previous close ...

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DIIs and speculators buying, FIIs selling: Instanex FII index up 1.85%

Posted on: Thursday, July 23rd 2009 and is filed under Market News.

Of the 15 components of the Instanex FII Index 14 were up while just Bharti Airtel (-1.14%; weight 11.06) was down. Instanex FII Index Domestic institutional investors and speculators seem to be buying while FIIs seem to be selling. At 3 pm, the Instanex DII 15 portfolio was up 2.73% (+...

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Intraday calls for 23-07-09

Posted on: Thursday, July 23rd 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Welspun Gujarat at 200, target: 210. Stoploss: 197 If markets show weakness later during the day, Short sell: Reliance Power. ...

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Morgan Stanley posts 2Q loss of more than $1.2B

Posted on: Thursday, July 23rd 2009 and is filed under Press Releases.

NEW YORK (AP) — Morgan Stanley said Wednesday it lost more than $1.2 billion in the second quarter as it took charges to cover continuing losses in its real estate investments and its repayment of government bailout money. The investment bank said Wednesday it was also hurt for a s...

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How Fear and Greed Can Derail Your Stock Strategy

Posted on: Thursday, July 23rd 2009 and is filed under Stock Research.

Fear and greed. Those are the emotions that rule the markets, and changes in stock prices simply reflect the swing of the pendulum between the two extremes. Only lately the swings have arrived with more violence than a Transformers movie. First came fear, specifically of a financial sys...

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Jim Rogger’s Investment Guidance On Where To Invest Now..

Posted on: Wednesday, July 22nd 2009 and is filed under Stock Views.

Jim Rogers is a legendary investor, a swashbuckling traveller, a man who made his fortune before he turned 40. Now, he is an author and commentator. The man Times magazine once called the Indiana Jones of the world of investing has now morphed himself into a modern dad. In an exclusive in...

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HDFC Q1 net up 21% at Rs 565 cr

Posted on: Wednesday, July 22nd 2009 and is filed under Stock News.

Housing Development Finance Corporation Ltd (HDFC) today reported 20.68 per cent growth in net profit at Rs 564.92 crore for the first quarter ended June 30, 2009. The bank had a net profit of Rs 468.11 crore in the June quarter of the last fiscal, HDFC Ltd said in a filing to the Bombay...

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Hindustan Zinc Q1 net at Rs 718.82 cr

Posted on: Wednesday, July 22nd 2009 and is filed under Stock News.

Hindustan Zinc Ltd has announced the following unaudited results for the quarter ended June 30, 2009: The company has posted a net profit of Rs 718.82 crore for the quarter ended June 30, 2009 as compared to Rs 847.81 crore for the quarter ended June 30, 2008. Total Income has decreased f...

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RComm inks Rs 10,000-cr deal with Etisalat India

Posted on: Wednesday, July 22nd 2009 and is filed under Stock News.

Anil Dhirubhai Ambani Group company Reliance Communications said on Wednesday it has bagged a 10-year deal valued at Rs 10,000 crore from UAE-based Etisalat’s Indian telecom arm to manage the latter’s telecom infrastructure. Under the long-term passive infrastructure sharing ...

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