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Buy HDIL; target of Rs 365: PINC Research

Posted on: Thursday, May 28th 2009 and is filed under Stock Views.

PINC Research has recommended a buy rating on Housing Development and Infrastructure, (HDIL) with a price target of Rs 365 in its report dated May 25, 2009. “Housing Development & Infrastructure Ltd’s (HDIL) Q4FY09 results...

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UCO Bank, Axis Bank can add 8-15%: Mohindar

Posted on: Thursday, May 28th 2009 and is filed under Stock Views.

Rahul Mohindar of Viratechindia said, “UCO Bank or Axis Bank can still climb up a good 8-15% even from the current levels.” “We have seen banks run-up in a very big fashion, whi...

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Expect 15% upside in Rolta, Polaris: Mohindar

Posted on: Thursday, May 28th 2009 and is filed under Stock Views.

Rahul Mohindar of Viratechindia said, “One sector which looks promising is technology. A lot of midcap technologies stocks like Rolta or Polaris, are ready for something like 15% on an ...

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Stocks fairly valued; seen up in 3 months: Poll

Posted on: Thursday, May 28th 2009 and is filed under Market News.

MUMBAI: Indian shares, up more than three quarters from 2009 lows hit in early March, are now fairly valued but may gain up to 10 per cent in the next three months, most of the respondents to a Reuters poll said. The Reuters Asset Allocation Poll of seven mutual fund houses conducted bet...

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Rs 70,000-crore infra projects get financial closure in three months

Posted on: Thursday, May 28th 2009 and is filed under Stock News.

Power projects by GMR in Orissa and R-Power in UP join the list.Despite the economic slowdown and cash crunch in the global markets, nine infrastructure projects worth over Rs 70,000 crore have achieved financial closure in the last three months. Domestic banks and financial institutions ...

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Nifty posts biggest percentage gain in F&O series ever

Posted on: Thursday, May 28th 2009 and is filed under Market News.

The benchmark indices ended on a positive note on the last day of the F&O expiry for the May series. This rally was led by shares of capital goods, metal, banking, oil & gas exploration and select power companies. It was a magnificent series for the markets; in this series the...

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NDTV can test Rs 180: M Thacker

Posted on: Thursday, May 28th 2009 and is filed under Stock Views.

Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that NDTV can test Rs 180. Thacker told CNBC-TV18, “The media stocks have been moving up for quite some time. Now we have seen TV18, TV Today and NDTV move up a lot. Yesterday they were in the limelight, the stocks...

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See further upside in midcap stocks: G Shah

Posted on: Thursday, May 28th 2009 and is filed under Stock Views.

Technical Analyst Gautam Shah of JM Financial said, “I think there is further upside in midcap stocks because on a day to day basis you have the smallcaps and midcaps breaking out.” Shah told CNBC-TV18, “The indices may move up a few percentage points on a daily basis a...

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Most Active stocks on the BSE

Posted on: Thursday, May 28th 2009 and is filed under Market News.

Reliance Capital has topped the value chart with a turnover of Rs 135 crore. It is followed by Bharti Airtel (Rs 105.4 crore), Reliance (Rs 95.72 crore), Read More..

Tata Motors launches World Truck

Posted on: Thursday, May 28th 2009 and is filed under Stock News.

These trucks would be introduced in South Korea and other overseas markets later. Tata Motors Ltd today launched a new range of trucks in Mumbai today. These trucks would be introduced in South Korea and other overseas markets later,...

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