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Gitanjali Gems buy back opens on Apr 17

Posted on: Thursday, April 16th 2009 and is filed under Stock News.

Gitanjali Gems has been the biggest buzzer in today’s trade and is up over 20%. The company has approved a buyback at Rs 120 per share. Gitanjali Gems buy back up to Rs 144 cr at max Rs 120/sh; opens on Apr 17 ...

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Nifty falls below 3400; Suzlon, Tata Motors plunge

Posted on: Thursday, April 16th 2009 and is filed under Market News.

MUMBAI: Indian indices ended with huge losses after bears pulled down the indices below psychological levels. Realty and metals were beaten down while FMCG space managed to end higher. Bombay Stock Exchange’s Sensex ended at 10909.57 down 375.16 points. The index touched an intra-day lo...

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Gitanjali to buy back shares for Rs 120 each; stk up 23%

Posted on: Thursday, April 16th 2009 and is filed under Stock News.

Gitanjali Gems had touched an intraday high of Rs 94 and an intraday low of Rs 75. At 09:59 am, the share was quoting at Rs 89.70, up Rs 16.75, or 22.96% on the NSE. ...

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Intraday calls for 16-04-09

Posted on: Thursday, April 16th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Hindustan Construction for a target of 64-66. Stoploss: 58 Buy Reliance Infrastructure for a target of 740. Stoploss: 700 if markets show weakness later during the day, short sell: Reliance Industries. Sensex has resistance at 11650. This is 50% retracement from the previous fall f...

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Mercator Lines – Breaks out – Target hit!!

Posted on: Thursday, April 16th 2009 and is filed under Techinicals Breakouts NSE BSE.

Mercator Lines continues to face resistance at 40. If it manages to break 40 on the upside it can head upto 45-47 in short term ...

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Spice cries foul over Satyam-Tech Mah deal, to go to CLB

Posted on: Thursday, April 16th 2009 and is filed under Press Releases.

Industrialist BK Modi’s Spice Group, which pulled out of the race to acquire scam-tainted Satyam Computer Services, plans to approach the Company Law Board over the Satyam-Tech Mahindra deal. Tech Mahindra was the highest bidder for Satyam at Rs 58 per share when the final stage ...

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Market Review for 16th April 2009

Posted on: Wednesday, April 15th 2009 and is filed under Market Outlook.

BSE Sensex: (11285) the market has closed positive in a stretched zone but the market has given a fresh breakout in a stretched territory indicating brute strength and so we may see the market heading towards the next logical technical target of 11638 levels but we must also not forget a...

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Sensex breaches 11000, Realty & CG up 8%

Posted on: Wednesday, April 15th 2009 and is filed under Market News.

MUMBAI: Persistent buying by institutional and retail investors helped the stock market indices breach on the upside their key technical levels on Wednesday. Realty, capital goods and power stocks fronted the rally, followed by healthcare and banking. IT was the only sector which closed i...

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Stocks in news: Sterlite, Satyam, Bharti, Pantaloon

Posted on: Wednesday, April 15th 2009 and is filed under Press Releases.

Here are stocks that are in news today: Results today: Infosys, Blue Dart, Rallis India, Supreme Industries Sterlite: -Grupo Mexico makes counter bid for Asarco, offers ...

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Mkts may see some profit booking: Edelweiss

Posted on: Wednesday, April 15th 2009 and is filed under Press Releases.

Tushar Mahajan, Edelweiss Securities: While the market has been favouring bulls, I would advise caution as we may see some profit booking. Volatility is likely to inch up further. Metal ...

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