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Investor wealth swells by Rs 6.5 lakh cr in a minute

Posted on: Monday, May 18th 2009 and is filed under Press Releases.

Investors have become richer by a whopping Rs 6.5 lakh crore in just a minute as the Sensex saw a historic 2,111 point rise to the 14,000 level as the markets cheered the decisive win of the ruling UPA government in the Lok Sabha elections.Investor wealth, measured in terms of the combine...

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Piramal Life Sciences to invest Rs 200 cr in R&D

Posted on: Monday, May 18th 2009 and is filed under Stock News.

Piramal Life Sciences, a research and development (R&D) arm of Piramal Group is investing Rs 200 crore in the next two year’s period for its ambitious programme to discover and develop new chemical entitities (NCEs) and Novel Drug Delivery Systems (NDDSs), a top company officia...

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Top Sectors to watch out for

Posted on: Monday, May 18th 2009 and is filed under Press Releases.

Liquidity-starved sectors such as infrastructure and realty could be the biggest beneficiaries of the vote of confidence for the UPA.A clear mandate for the United Progressive Alliance and the continuity of the current government’s policies are likely to keep the markets buoyant. M...

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BSE Sensex crosses 14000 mark

Posted on: Monday, May 18th 2009 and is filed under Market News.

The Bombay Stock Exchange, BSE Sensex, which was halted for two hours, after it hurt the Upper Circuit for the first time in the Indian share market history, has gone up by 2099.21 points and hit another Upper Circuit after the resumption of trading at 11.55 AM. That forced the exchaneg a...

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Sensex creates history; two upper circuits in one day

Posted on: Monday, May 18th 2009 and is filed under Press Releases.

MUMBAI: Markets have stopped trading for the day as the benchmarks hit another upper circuit Monday as soon as the trade resumed after 2 hour break. Investors are euphoric after the United Progressive Alliance emerged victorious in the 2009 general elections. ( Watch ) Bombay Stock Excha...

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Day traders hope to see STT benefit restored

Posted on: Monday, May 18th 2009 and is filed under Market News.

MUMBAI: The broking community hopes that some of its issues of concern, particularly those relating to securities transaction tax (STT), would be addressed by the Congress-led UPA government, which swept to power for the second consecutive term. The Association of National Exchange Memb...

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Sensex, Nifty locked at upper circuit; trading halted

Posted on: Monday, May 18th 2009 and is filed under Market News.

MUMBAI: Equities were frozen at the upper circuit at open on Monday in reaction to UPA’s phenomenal win at the general elections. All sectoral indices surged with banking spearheading the rally. Trading has been halted for an hour. ( Watch ) Bombay Stock Exchange’s Sensex opened 10.7...

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Trading halted till 11:55am (IST)

Posted on: Monday, May 18th 2009 and is filed under Market News.

The Bombay Stock Exchange will resume trading at 11:55am (IST) as the NSE Nifty hit 15% upper circuit the second 5% filter. The Bombay Stock Exchange will resume trading at 11:55am (IST) as the NSE Nifty hit 15% upper circuit the second 5% filter. In case of a 20% movement of the index,...

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Intraday calls for 18-05-09

Posted on: Monday, May 18th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

There are chances that Markets may open with a 10% upper circuit. Buy Lanco Infrastructure above 250, target: 265. Stoploss: 245 (Please do not buy it if it opens near its target) Please do not go ahead and buy stocks for short term in today’s huge gap up opening. Wait for a dip. ...

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Indian stocks best performers among emerging market

Posted on: Sunday, May 17th 2009 and is filed under Market News.

Indian stocks emerged as the best performers among all emerging markets across the globe, giving the highest return of over 3 per cent on the day before the outcome of general elections in the country. According to an analysis of MSCI Barra indices, a measure of returns from various sto...

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