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Buy Grasim Industries: Indiabulls Secutiries

Posted on: Tuesday, July 7th 2009 and is filed under Brokerage Recommendations.

Indiabulls Secutiries Research is bullish on Grasim Industries with a buy rating on the stock in its July 06, 2009 report. “The commissioning of Grasim’s new cement capacities and the government’s thrust on infrastructure is likely to provide a boost to revenues from Grasim’s...

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ITC looks good, says Atul Suri

Posted on: Tuesday, July 7th 2009 and is filed under Stock Views.

Atul Suri, Trader is of the view that ITC is looking good. Suri told CNBC-TV18, “The Fast Moving Consumer Goods (FMCG) space has been holding out. ITC has been looking good. Again stocks that are on the upper end of the channel so essentially if you want to trade long I think certa...

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Budget impact on various sectors: India Capital Markets

Posted on: Tuesday, July 7th 2009 and is filed under Brokerage Recommendations.

India Capital Markets has come out with a research report on the budget. According to the research firm,with over 60% population dependent on agriculture, focusing on key elements like agricultural reforms, rural development, & infrastructure improvements would lead to the next leg o...

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I took calculated risks for high growth: FM

Posted on: Tuesday, July 7th 2009 and is filed under Press Releases.

Finance Minister Pranab Mukherjee on Tuesday said the government has taken the calculated risk of high fiscal deficit to help stimulate growth, but would strive hard to bring it down to 4 per cent in the next two fiscals. Noting that a fiscal deficit of 6.8 per cent was on the higher sid...

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Budget impact: Maruti, M&M lead Auto rally

Posted on: Tuesday, July 7th 2009 and is filed under Market News.

The auto industry is in general satisfied with the continuation of CENVAT cuts announced in the Union Budget which has been considered as a good step but lack of incentives for exports has been regretted.The Fringe Benefit Tax has also been scraped off and the Budget proposes to reduce t...

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JSW Energy to invest Rs 15,000 cr in 3,200 Mw power plant

Posted on: Tuesday, July 7th 2009 and is filed under Stock News.

Sajjan Jindal-promoted JSW Energy today said it plans to set up a 3,200-Mw super critical thermal power plant entailing an investment of Rs 15,000 crore at Ratnagiri in Maharashtra. “We are setting up a 4×800 super critical thermal power plant in Ratnagiri at a cost of Rs 1...

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Buy Indus Fila Ltd – SL triggered

Posted on: Tuesday, July 7th 2009 and is filed under Swing Calls.

Buy INDUS FILA LTD CMP 21.60, target: 23.40, SL 20 Call given by Kartik ...

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Intraday calls for 07-06-09

Posted on: Tuesday, July 7th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Nifty has strong support at 4080-4150 level and is likely to see some bounce from current levels. Buy Punj Lloyd at 199, target: 206. Stoploss: 196 Buy Reliance Industries at 1894, target: 1920. Stoploss: 1886. If markets show weakness later during the day, short: Orchid Chemicals. ...

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Stocks in news: Maytas, Satyam, Roman Tarmat, Bhuwalka

Posted on: Tuesday, July 7th 2009 and is filed under Stock News.

Results today: Prism Cement Satyam – Sources -CLB (Company Law Board) okays preferential allotment of Satyam shares to Venturebay -19.86 crore Satyam shares allotted to Venturebay Consultants -Money for share allotment to be deposited by July 9: CLB MTN says -Negotiations with...

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Buy GMR Infra, Punj Lloyd, Mundra Port, L&T: SP Tulsian

Posted on: Tuesday, July 7th 2009 and is filed under Stock Views.

SP Tulsian, Investment Advisor, says that investors should buy infrastructure & sugar stocks. He likes GMR Infra, Punj Lloyd, Mundra Port, L&T in the infrastructure space. He advises buying in Shree Renuka Sugar, Balrampur Chini, Sakthi Sugars, EID Parry. He further adds that s...

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