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IIP Numbers – GDP grew 5.8% in Jan-March quarter

Posted on: Friday, May 29th 2009 and is filed under Press Releases.

The sectors which registered significant growth rates in Q4 of FY09 over Q4 of FY08 are ‘construction’ at 6.8%, `trade, hotels, transport and communication` at 6.3%, `financing, insurance, real estate and business services` at 9.5%, and `community, social and personal services` at 12....

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Equity MFs see rise in NAV

Posted on: Friday, May 29th 2009 and is filed under Press Releases.

COIMBATORE: The continuous upswing in the markets has brought the net asset value (NAV) of many mutual funds in the equity diversified category above Rs 10, a price at which new fund offers are available in the market. Of the 270-odd equity MFs, 61 funds whose NAVs plunged to single digi...

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DLF promoter’s plans to sell 5.5% stake; stk rises

Posted on: Friday, May 29th 2009 and is filed under Stock News.

DLF touched an intraday high of Rs 379.90 and an intraday low of Rs 375. At 09:59 am, the share was quoting at Rs 377.95, up Rs 5.15, or 1.38% on the NSE. The company’s promoters are planning to sell another 5.5% stake, reports Financ...

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Rel Power in talks for coal JV with Australian co; stk up

Posted on: Friday, May 29th 2009 and is filed under Stock News.

Reliance Power touched an intraday high of Rs 189.80 and an intraday low of Rs 178.10. At 10:10 am, the share was quoting at Rs 183.65, up Rs 3.50, or 1.94%. The company is in talks for coal JV with Australian company, reports The Econom...

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Intraday calls for 29-05-09

Posted on: Friday, May 29th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Suzlon at 90.75, target: 94. Stoploss: 88.30 Buy Bharti Airtel at 795, target: 825. Stoploss: 784 If markets show weakness later during the day, short sell: JSW Steel ...

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Stocks jump on relief over gov’t debt auction – WallStreet

Posted on: Friday, May 29th 2009 and is filed under Press Releases.

NEW YORK (AP) — Investors are finding fresh reasons to bet on an economic rebound. Stocks rose Thursday as gains in commodities like oil and natural gas signaled that traders expect a strengthening economy will demand more energy. Robust demand at an auction for Treasury debt als...

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Bharti to pay Rs 300 billion more for MTN?

Posted on: Friday, May 29th 2009 and is filed under Press Releases.

Contrary to assertions by Bharti Airtel’s management, the share-swap deal with South African telecom major MTN may trigger the open offer clause, according to a senior official in the Securities and Exchange Board of India. Sebi has based its assessment on Bharti Airtel’s off...

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