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Market Review for 5th June 2009

Posted on: Thursday, June 4th 2009 and is filed under Market Outlook.

BSE Sensex: (15009) we said ‘I would expect a big move either up or down but I would remain cautious’ the market gave a big move as expected and the move was ‘UP’…now the next technical targets could even go to 16046. The support for the Sensex is 14900 and the resistance to th...

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M&M keen on picking up GM’s assets

Posted on: Thursday, June 4th 2009 and is filed under Press Releases.

The Indian operations of GM may not get affected by the automaker’s filing for bankruptcy, but for the Indian auto component industry, it’s a great opportunity to grab. Mahindra and Mahindra (M&M) too want to join in as after Europe it’s a great chance for them to ...

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ICICI Bank slashes benchmark lending rate by 50 bps

Posted on: Thursday, June 4th 2009 and is filed under Press Releases.

he country’s largest private sector lender, ICICI Bank, today slashed its benchmark lending rate by 50 basis points to 15.75 per cent, a move that would benefit the bank’s home, auto, consumer and corporate loan borrowers. The benchmark advance rate (I-BAR) will be reduced by...

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Investors get relief as IPO stocks rise 100%

Posted on: Thursday, June 4th 2009 and is filed under Market News.

CHENNAI: Shares of companies that did their IPOs in 2008 crashed badly after the equity markets tanked towards the second half of that year. But there is some good news for IPO investors who stuck on, as most IPO stocks have risen close to 100% from their bottoms in October, recouping a p...

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Inflation drops to 0.48% in week ended May 23

Posted on: Thursday, June 4th 2009 and is filed under Press Releases.

Government revises inflation for the week ended March 28, to 0.84% from the preliminary estimate of 0.26% The annual rate of inflation, calculated on a point to point basis, stood at 0.48% for the week ended May 23, 2009 as compared to 0.61% for the previous week ended May 16, 2009. It w...

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Sensex stages a V-Shaped recovery

Posted on: Thursday, June 4th 2009 and is filed under Market News.

At 12:23pm (IST), Sensex was down 124 points at 14,746 and Nifty was down 38 points at 4,492. Markets continue to remain under pressure however, have managed to stage a V-shaped recovery in the afternoon trades. The recovery is led by the FMCG, Pharma and the PSU stocks. While, the Metal...

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HSC results today

Posted on: Thursday, June 4th 2009 and is filed under Press Releases.

All students who appeared for Maharashtra Board HSC (Class 12) Exam and earerly waiting for results. Here’s a good news for you all…. Results are going to be declared today. Maharashtra Board H.S.C – Class 12th Results 2009 will be declared today at around 11.00 am and will be ...

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Above 4586, Nifty could head towards 4650-4675:FinQuest Sec

Posted on: Thursday, June 4th 2009 and is filed under Market Outlook.

According to FinQuest Securities’ report, above 4586, Nifty could head towards 4650-4675 levels for the day and towards 4800 incoming days where as a breach of low at 4450 would lead to a fall towards 4370 for the day and towards 4300/4200 in coming days. FinQuest Securities’...

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Budget 2009 stocks

Posted on: Thursday, June 4th 2009 and is filed under Stock News.

Best stocks to benefit from budget 2009, sectors to watch out in 2009, best stocks for budget 2009, hot stocks in budget 2009, NSE BSE stocks to gain maximum in Budget 2009, NSE BSE Share market stocks, POST Budget stocks, 2009 Post budget stocks. Sectors to watch out in 2009 Budget ...

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FII and DII Buy sell activity

Posted on: Thursday, June 4th 2009 and is filed under Stock News.

Fii buy sell activity in the month of May, June 2009. Fii buying and selling in the the year 2009, which stocks are FII buying now, Daily FII buy sell activity. Are FII buying or selling stocks, NSE BSE Foreign Investing in India, DII buy sell activity daily. Most stocks bought buy FII in...

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