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Market Review for 27th April 2009 | Prakash Gaba

Posted on: Sunday, April 26th 2009 and is filed under Market Outlook.

BSE Sensex: (11239) like I said ‘the shorts must have bailed out and more will bail out in the days to come and market should head up in the days to come’ the market unfolded as expected and looks like the market should be ...

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Weekly Review for the Week April 27th – 29th April 2009

Posted on: Sunday, April 26th 2009 and is filed under Market Outlook.

We said ‘Technically the trend is still intact up and the next technical target in the days to come is 11695 if the market continues its journey up, we may see some hiccups as the market is in a stretched territory, there is also a possibility that the market may react and if that happe...

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Nano bookings expected to touch a million

Posted on: Sunday, April 26th 2009 and is filed under Stock News.

Final figure to be announced on April 28. Tata Motors is expected to get close to a million bookings for the Nano. The bookings for the world’s cheapest car began on April 9 and ended today. This is more than half the total number of cars produced in the country in 2008 — 1.83 millio...

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Bharat Electronics announces Q4 & FY 09 results

Posted on: Sunday, April 26th 2009 and is filed under Press Releases, Stock News.

Bharat Electronics Ltd has announced the following results for the quarter & year ended March 31, 2009: The Unaudited results for the Quarter ended March 31, 2009 The Company has posted a net profit of Rs 5594.382 million for the quarter ...

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Most Banks Have Enough Capital After Stress Tests: US

Posted on: Saturday, April 25th 2009 and is filed under Press Releases.

The Federal Reserve, releasing details of how it conducted “stress tests” on the nation’s 19 largest financial institutions, said “most banks currently have capital levels well in excess of the amounts needed to be well capitalized.” But the banks need to h...

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Sebi bans Pyramid Saimira promoters : SCAM

Posted on: Friday, April 24th 2009 and is filed under Stock News.

Stock markets regulator Securities and Exchange Board of India (Sebi) on Thursday barred the promoter- chairman of entertainment chain Pyramid Saimira Theatres, P.S. Saminathan, and four others from the securities market for forgery, disseminating false information and manipulating the sh...

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Rally doesn’t indicate return of bulls: Shankar Sharma

Posted on: Friday, April 24th 2009 and is filed under Market Outlook.

Shankar Sharma of First Global continues to believe the markets are still seeing a bear rally as he sees no economic or fundamental factors to indicate the end of the bear phase. He added that poor trade data in India could drive equity markets lower. ...

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Unwinding of long calls at 3500; Nifty support 3400

Posted on: Friday, April 24th 2009 and is filed under Market Outlook.

MUMBAI: The formation of bull-put spread, which hinted at moderate bullish sentiments among investors, was clearly visible from the index movement Friday. ...

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Intraday calls for 24-04-09

Short sell: ICICI bank at 424, target: 415. Stoploss: 429 If markets show recovery: Buy Reliance communication at 220-222, target: 232. Stoploss: 217 and Tata Steel ...

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Penny Stocks Hot Penny Stocks NSE BSE

Posted on: Thursday, April 23rd 2009 and is filed under Stock Views.

Penny stocks can fetch very good returns, provided you pick the right one. Ansal Housing which traded at 5.80 in 2004 is now 400+, D S Kulkarni which traded at 8rs is now 450, Ganesh Housing jumped from 8rs in 2004 to 800+ in 2008. Following is list of penny stocks having a strong fundame...

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