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Fortis buys Wockhardt for Rs 1,000 crore

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

Fortis Healthcare on Friday sealed a deal with Wockhardt Hospital to buy out the entire stake of the promoters for Rs 1,000 crore, according to senior company sources. The move has finally brought to an end months of speculation on the stake sale in Wockhardt Hospital by its founder Habil...

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India is now flooded with $1 bn per week

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

After six months of financial drought, global money is flooding into India at the rate of $1 billion a week. If sustained, this will be the mother of all financial stimuli, eclipsing the finance minister’s budgetary endeavours. The dollar flood is not due to the Congress election victor...

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US bailout repayment seen bigger than expected: Report

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

WASHINGTON: The Obama administration is expected to announce next week that a higher-than-expected number of large financial institutions will be allowed to repay their government bailout funds, the Washington Post reported in its Saturday edition. Citing unnamed sources who spoke on the...

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C&C bags two orders worth Rs 375 cr

Posted on: Saturday, June 6th 2009 and is filed under Stock News.

C&C Constructions Ltd, a Gurgaon-based infrastructure development company, has bagged two orders worth Rs 375 crore from Jaiprakash Associates Ltd.The orders does not include the cost of major raw materials and capital equipment, which are being supplied by Jaiprakash Associates Ltd....

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Sensex, Nifty hit 10-month highs as bourses progress rapidly

Posted on: Saturday, June 6th 2009 and is filed under Market News.

MUMBAI: Indian bourses progressed rapidly with key indices — Sensex and Nifty — hitting nearly ten-month highs as investors were heartened by new UPA Government’s economic agenda, unveiled by President Pratibha Patil in the week under review. The markets achieved new hi...

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Daily moving average 30 DMA 50 DMA 150 DMA

Posted on: Saturday, June 6th 2009 and is filed under Stock News.

Daily moving averages are now available on NSEGUIDE. These are calculated based on EOD and are updated on daily basis. DMA is also know as Simple moving average which is considered as a technical breakout for a stock. To view stocks above their 30 DMA visit: http://nseguide.com/dma/dma30....

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MFs investing in small cos clock big gains

Posted on: Saturday, June 6th 2009 and is filed under Market News.

CHENNAI: While many large-cap stocks with over Rs 10,000 crore in market capitalisation have led the bull rally, mutual funds invested in mid-cap and small-caps have landed stellar gains riding on stock performance. A quick look at around 35 mutual fund schemes, that are known to have in...

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Riding bull run, 30 stocks rise 100% after UPA win

Posted on: Saturday, June 6th 2009 and is filed under Market News.

AHMEDABAD: While the benchmark sensex sprinted over 24% to kiss the 15,000 level since the UPA government received a decisive mandate, there are many stocks which have polevaulted over 100% since the counting of votes on May 16. Around 30 stocks in BSE-500 category, which contribute over...

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Best Returns From Your Mutual Funds Investment Portfolio – How?

Posted on: Saturday, June 6th 2009 and is filed under Stock News.

Pick up any mutual fund portfolio of an active investor and you will usually find it beset with typical problems. These can affect the overall performance. If we can understand, identify and rectify these common blunders, we can make much better returns out of our money. A bloated Portfo...

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Intraday calls for 05-06-09

Posted on: Friday, June 5th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Bank of Maharashtra at 42.70, target: 44.50. Stoploss: 41.80 Buy Essar Oil above 190, target: 199. Stoploss: 187 (Above 190 short term target: 210) ...

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