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Time right to pick up pharma stocks

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

MUMBAI: In times of volatile market conditions, select pharmaceutical stocks are seen as good investment bets, with analysts seeing 20-25 CAGR BSE Volatility in the stock markets Measuring market volatility Ten hot money-spinners in India Long term plan for better returns Should yo...

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No trace of Maytas funds in Satyam: Vineet Nayyar

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

HYDERABAD: In a fresh twist to the Satyam-Maytas saga, the top honchos of Mahindra Satyam denied having any knowledge of Rs 600 crore having found its way from Maytas Infra and Maytas Properties coffers into Satyam. Vineet Nayyar, executive vice-chairman of Mahindra Satyam, told TOI that...

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Sensex closes below 14900; HDFC, Grasim down

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

MUMBAI: Indian markets ended in the negative terrain Wednesday as traders booked profits after a recent surge in equities. Capital goods, IT and auto space were down while realty stocks closed a little higher. Bombay Stock Exchange’s Sensex ended at 14840.63, down 221.86 points or 1.47...

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Stocks in news: Dr Reddy, Infosys, Tata Power, NTPC, NMDC

Posted on: Wednesday, July 22nd 2009 and is filed under Press Releases.

Results today: BHEL, HDFC, Wipro, Tech Mahindra, Mastek, Piramal Healthcare, IFCI, India Cements, Hindustan Zinc, Ansal Housing, Aventis Pharma, Canara Bank, Finolex Cables, GTL, Jindal Drilling, Kale Consultants, Kalindee Rail, Lakshmi Energy, Maharashtra Seamless, NDTV, Spice Communicat...

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Intraday calls for 22-07-09

Posted on: Wednesday, July 22nd 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Amara Raja Batteries at 111.40, target: 117. Stoploss: 109 Buy Neyveli Lignite above 135 for a short term target of 148. If markets show weakness later during the day, Short sell: Reliance industries. ...

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Top 100 bank branches’ deposit up 21%

Posted on: Tuesday, July 21st 2009 and is filed under Press Releases.

The Reserve Bank of India (RBI) released quarterly statistics on deposits and credit of scheduled commercial banks for March 2009, revealed that aggregate deposits of top hundred centres increased by 21% in March 2009 over March 2008 compared to a growth of 25.7% a year ago. Growth rate ...

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Fishing in IPO mkt calls for caution

Posted on: Tuesday, July 21st 2009 and is filed under Press Releases.

Mumbai: Dalal Street is agog with talks of an imminent revival of the initial public offer (IPO) market. The newfound enthusiasm in the secondary market and the successful listing of a recent IPO have prodded stock market gurus to predict the resurrection of the segment, which has been c...

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Stocks Which Posted Very Good Results

Posted on: Tuesday, July 21st 2009 and is filed under Stock News.

Checkout the list of companies which have posted very good financial results for the past quarter. Triveni Engineering and Industries Ltd : Net profit of Triveni Engineering and Industries rose 61.83% to Rs 39.81 crore in the quarter ended June 2009 as against Rs 24.60 crore during the ...

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Recession to end in ’09; see weak recovery: Nouriel Roubini

Posted on: Tuesday, July 21st 2009 and is filed under Press Releases.

The recession facing the global economy would last 24 months and — after having started in December 2007 — would be over by the end of this year, Nouriel Roubini, Chairman, RGEMonitor.com, said. In an interview to CNBC, Roubini, recognized as one of the few people who foresaw the fina...

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Sensex, Nifty steady; Jindal Steel perks up

Posted on: Tuesday, July 21st 2009 and is filed under Market News.

The NSE Nifty is now down 30 points at 4,472. Jindal Steel have rallied nearly 5% to Rs 2,789. Maruti and Tata Steel have advanced 2.5% each to Rs 1,240 and Rs 400, respectively. IDEA has gained over 1% to Rs 75. TCS has plunged 4.5% to Rs 478. GAIL has slipped 3.5% to Rs 326. Suzlo...

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