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Markets to open with a big gap up on Monday: Edelweiss

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

Equity markets and Indian rupee are expected to start trading with a huge gap tomorrow, financial services provider Edelweiss Securities said in a report today. “Equity markets are likely to open with a big gap up on Monday, as desperation to deploy excess cash (both by DIIs and...

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Lanco Industries – Breaks out- Target hit!!

Posted on: Sunday, May 17th 2009 and is filed under Techinicals Breakouts NSE BSE.

Lanco Industries continues to face resistance at 23.60. It has made a triple top at this level. Once it manages to cross 23.60 it can head upto 27. ...

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New Congress-led government is expected to announce fresh stimulus in 100 days

Posted on: Sunday, May 17th 2009 and is filed under Press Releases.

The new Congress-led government is expected to announce a fresh economic stimulus during its first 100 days to pull the economy out of its present slowdown. Prime Minister Manmohan Singh had said during the election campaign that his government would come out with a stimulus within 100 da...

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Hero Honda to replace Ranbaxy in Sensex

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

MUMBAI: Drug maker Ranbaxy Laboratories Ltd will be replaced in Sensex by motorcycle maker Hero Honda on June 29, the Bombay Stock Exchange said said in a statement on Friday. Japan’s Daicchi Sankyo bought a majority stake in Ranbaxy last year. Japan’s Honda Motor Corp has a ...

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How To Get Best Returns On Investment – With Debt And Equity

Posted on: Sunday, May 17th 2009 and is filed under Stock Views.

At a time when most investors were bracing up for a sharp correction and new lows in the equity markets, the indices across the globe registered a smart recovery in the last 4-5 weeks. While a clear picture of signs of recovery is yet to emanate from most markets, this recovery has never...

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Torrent Power Q4 net up 183%

Posted on: Saturday, May 16th 2009 and is filed under Stock News.

Torrent Power today reported a 183 per cent surge in its net profit at Rs 142.92 crore for the quarter ended March 2009,as against Rs 50.46 crore for the corresponding period last year.The company’s total income grew by 13.2 per cent to Rs 1073.6 crore duirng the quarter as compared...

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Weekly Review for the Week May 18th – 22nd 2009

Posted on: Saturday, May 16th 2009 and is filed under Market Outlook.

We said ‘Technically the trend is still intact up though it looks tired in a strong resistance zone. The market may see an up move and if that happens then it is likely to be more of a sluggish up move as the markets seems to be exhausted here’ ’ The market unfolded ...

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Market Review for 18th May 2009

Posted on: Saturday, May 16th 2009 and is filed under Market Outlook.

BSE Sensex: (12173) the market unfolded as expected and stayed put range bound and looks like a consolidation is under construction and we are likely to see a breakout once again…a 2 day breakout is not ruled out… The support for the Sensex is 12000 and the resistance to the up move ...

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Mudra Lifestyle Ltd – 100% Profits

Posted on: Saturday, May 16th 2009 and is filed under Penny Stocks.

Call given at 20, CMP 40. Book 50% profits at 40 and hold the rest for Long term. Mudra Group, started their operations in 1986 and are in the textile industry having facilities for fabrics & garments manufacturing, processing, design development and sampling etc. They manufacture fa...

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Decolight Ceramics Ltd – 100% Profits

Posted on: Saturday, May 16th 2009 and is filed under Penny Stocks.

Call given at 7, CMP 14.50. Book 50% profits at 14.50 and hold the rest for Long term. Since the beginning in the Year 1995, Deco Group has been emerged as the most Comprehensive Ceramic Giants. In a short span of around 10 years, the Group today has impressed the entire country ...

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