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Buy Hindustan Unilever, target of Rs 305: Emkay

Posted on: Wednesday, April 8th 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Hindustan Unilever with target price of Rs 305 in its April 08, 2009 research report. “HUL implemented price cut of 4%-20% on select brands and product categories. ...

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Reduce Maruti Suzuki, target of Rs 635: Emkay

Posted on: Wednesday, April 8th 2009 and is filed under Press Releases.

Emkay Global Financial Services has maintained its reduce rating on Maruti Suzuki India with a target price of Rs 635 in its April 02, 2009 research report. “What we liked is the fact that company has further expanded its reach in the semi urban and rural areas, where the competitiv...

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Hold Tata Chemicals, target of Rs 165: PINC Research

Posted on: Wednesday, April 8th 2009 and is filed under Brokerage Recommendations.

PINC Research has maintained its hold rating on Tata Chemicals with a price target of Rs 165 in its April 06, 2009 research report. “While TCL’s management is confident that current soda ash prices may hold for next 3 months, it sounded cautious on H2CY09 prices outlook. ...

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Angel Broking neutral on Sesa Goa

Posted on: Wednesday, April 8th 2009 and is filed under Brokerage Recommendations.

Angel Broking has recommended a neutral rating on Sesa Goa in its April 02, 2009 research report. “Sesa Goa (SGL), a subsidiary of Vedanta Resources Plc., is India’s largest private player in iron ore exports with combined iron ore reserves of 180 million tonnes. ...

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Indian stock market may regain 21,000 levels: Report

Posted on: Wednesday, April 8th 2009 and is filed under Market Outlook.

NEW DELHI: The Indian stock market has been termed as a potential “baby bull” as the Sensex may continue to advance over next 15 years and is me high level of 21,000 during the period, a report says. ...

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Indian stock market may regain 21,000 levels: Report

Posted on: Wednesday, April 8th 2009 and is filed under Press Releases.

NEW DELHI: The Indian stock market has been termed as a potential “baby bull” as the Sensex may continue to advance over next 15 years and is likely to breach its all- time high level of 21,000 during the period, a report says. At a time when developed markets across the worl...

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Nifty scores above 3300; realty up 4%

Posted on: Wednesday, April 8th 2009 and is filed under Press Releases.

MUMBAI: Shrugging off negative cues from global markets, Indian stocks showed a stupendous recovery led by short covering and moderate buying in frontline stocks. Superlative gains in realty, consumer durables and FMCG helped the indices overcome intra-day ...

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Intraday calls for 08-04-09

Posted on: Wednesday, April 8th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap down opening. On Intraday dips buy Bajaj Hindustan and Punj Lloyd. Essar Oil could continue its upmove – It plans to buy 50% stake in Kenya Refinery for $450 million after one and half year delay. ...

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Tata Motors sells over 51,000 Nano booking forms in three days

Posted on: Tuesday, April 7th 2009 and is filed under Press Releases.

NEW DELHI: Tata Motors has received an overwhelming response to its Rs 1 lakh wonder, Nano, selling over 51,000 booking forms in the last three days. According to sources close to the company, it sold 51,000 booking forms from its 218 dealerships since it started selling on April 4. ...

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Stock market may correct 15% on polls, earnings worries

Posted on: Tuesday, April 7th 2009 and is filed under Market Outlook.

New Delhi: The Dalal Street is expected to see a 15% correction over the next 6-8 weeks, as concerns of a hung Parliament and fear of companies’ earnings declining may bear upon the market sentiment, global financial services major Bank of America-Merrill Lynch says. ...

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