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Micro Tech bags order worth $ 5mn; stk up 5.8%

Posted on: Wednesday, April 22nd 2009 and is filed under Stock News.

Micro Technologies touched an intraday high of Rs 102 and an intraday low of Rs 97.05. At 10:30 am, the share was quoting at Rs 99.10, up Rs 5.50, or 5.88%. ...

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Intraday calls for 22-04-09

Posted on: Wednesday, April 22nd 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy IDFC at 75.60, target: 78. Stoploss: 74.20 Buy Exide Industries at 51.45, target: 53. Stoploss: 50.50 If markets show weakness later during the day, short sell: Reliance industries. ...

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Exclusive: Fed tests harder on regional banks – Wall Street

Posted on: Wednesday, April 22nd 2009 and is filed under Press Releases.

WASHINGTON (AP) — The government’s “stress tests” of 19 large U.S. banks take a harsher view of loans than of other troubled assets, according to a Federal Reserve document obtained by The Associated Press. That approach favors a few Wall Street banks while potent...

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Markets to consolidate and move higher to 3700

Posted on: Tuesday, April 21st 2009 and is filed under Market Outlook.

Markets have run up a lot recently. Markets may consolidate at this level and before moving higher to 3700 in short term. Nifty is likely to be in 3150-3400 range. Immediate support for Nifty is at 3320 and down at 3150. CB ...

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Reversal in bank stocks lifts overall market – Wall Street

Posted on: Tuesday, April 21st 2009 and is filed under Press Releases.

NEW YORK (AP) — A reversal in bank stocks pulled the market higher Tuesday after Treasury Secretary Timothy Geithner told Congress that some banks could be allowed to repay financial bailout funds. Geithner said the decision on repayments would be left to bank regulators and that ...

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Intraday calls for 21-04-09

Posted on: Tuesday, April 21st 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likley to see a gap down opening. Markets will take queue later today from outcome of RBI meet. If markets show recovery later during the day, Buy: Prakash Industries and ABB. ...

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SEBI bans GHCL founder Sanjay Dalmia from stock mkt

Posted on: Monday, April 20th 2009 and is filed under Press Releases.

The Securities and Exchange Board of India (SEBI) has barred Gujarat Heavy chemicals Limited (GHCL) founder and Chairman and Managing Director, Sanjay Dalmia from the stock market. SEBI said that the misleading difference in holding is hugely divergent. ...

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Hold Container Corporation, target of Rs 800: Emkay

Posted on: Monday, April 20th 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services has recommended a hold rating on Container Corporation of India with a target price at Rs 800 in its April 20, 2009 research report. “Concor reported Q4FY09 results which were in-line with our estimates. ...

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Canara Bank an underperformer: Karvy

Posted on: Monday, April 20th 2009 and is filed under Brokerage Recommendations.

Karvy Stock Broking has rated Canara Bank as an underperformer with a price target of Rs 165 in its April 20, 2009 research report. ...

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Ranbaxy Laboratories an outperformer: Karvy

Posted on: Monday, April 20th 2009 and is filed under Brokerage Recommendations.

Karvy Stock Broking has upgraded its rating on Ranbaxy Laboratories to outperformer with a price target of Rs 215 in its April 20, 2009 research report. ...

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