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Dish TV shares sink as promoters sell stake

Posted on: Monday, June 8th 2009 and is filed under Stock News.

At 11:57am (IST), Shares of Dish TV have plunged by over 11% to Rs47.7. Shares of Dish TV have plunged by over 11% to Rs47.7 after the promoter of the company offloaded ~65.88mn shares of the company on the BSE and the NSE at average price of Rs49 per share. The shares were transacted i...

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Traders focus on stock futures

Posted on: Monday, June 8th 2009 and is filed under Market News.

The rally has gone up over 2,000 points and even a mild correction could mean a 400-500 point drop from the peak.The derivatives market continued to generate high volumes and premiums remained high as well. The focus on stock futures significantly increased. Index strategies Throughout ...

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Intraday calls for 08-06-09

Posted on: Monday, June 8th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Buy Divis Laboratories at 1200, target: 1240. Stoploss: 1183 Buy Suzlon around 128-130, target: 135. Stoploss: 126 ...

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D-Street may inch towards consolidation: Analysts

Posted on: Sunday, June 7th 2009 and is filed under Market Outlook.

MUMBAI: A wave of consolidation is likely to greet Dalal Street this week as the bellwether Sensex, which touched its 10-month-high level of BSE Cashing in on your money Know about stock arbitrage Better returns: Book capital losses Plan long term portfolio 15,103 points last week, ...

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Top-10 firms add Rs 29,000 crore in a week

Posted on: Sunday, June 7th 2009 and is filed under Stock News.

MUMBAI: The country’s top 10 firms added Rs 29,000 crore to their market capitalisation last week, with public sector trading firm MMTC contributing the major chunk. During the week ending June 5, state-owned MMTC was the biggest gainer and added Rs 33,201 crore to its market capit...

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The line-up for disinvestment

Posted on: Sunday, June 7th 2009 and is filed under Press Releases.

By now, it is quite clear that the Government does have divestment of its stakes in PSUs high on its agenda for the next few months. That may well allow investors to buy into a whole range of offers from listed as well as new PSUs. Which companies are likely candidates? Here’s a line-up...

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Slower US job losses; Is recession beginning to ease?

Posted on: Sunday, June 7th 2009 and is filed under Press Releases.

Employers eliminated the fewest jobs in eight months in May, strengthening signs that the recession is easing, while a drop in wage growth offered a warning the recovery may be muted. Payrolls fell by 345,000, less than forecast, while the unemployment rate hit a 25-year high of 9.4 per ...

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Weekly Review for the Week June 8th – 12th 2009

Posted on: Sunday, June 7th 2009 and is filed under Market Outlook.

We said ‘Technically the trend is still intact up and there is no sign of weakness witnessed on the charts as yet but as the market climbs higher it sets itself up for a reaction’ The market unfolded and remained positive during the week. Technically the trend is still intact up and...

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Market Review for 8th June 2009

Posted on: Sunday, June 7th 2009 and is filed under Market Outlook.

BSE Sensex: (15104) the market has closed positive as expected and it still looks up but reactions cannot be ruled out…so caution is the order of the day. The support for the Sensex is 15050-14800 and the resistance to the up move is at 15520 Nifty: (4587) the support for the Nifty is...

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Suzlon Energy completes REpower buy

Posted on: Sunday, June 7th 2009 and is filed under Press Releases.

Suzlon Energy, the world’s fifth-largest wind turbine maker, today said it has completed the acquisition of Portugal-based Martifer Group’s stake in its German subsidiary, REpower Systems.The company has made the final payment of ¤87.6 million (about Rs 575 crore) to Martifer for its...

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