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Essar Oil rallies over 53%

Posted on: Monday, April 6th 2009 and is filed under Stock News.

At 15:25pm (IST), Shares of Essar Oil have shot up by over 53% to Rs123. Shares of Essar Oil have shot up by over 53% to Rs123. The scrip has touched an intra-day high of Rs124 and a low of Rs77 and has recorded volumes of over 20mn shares on NSE. ...

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IVRCL Infra wins order worth Rs3.59bn

Posted on: Monday, April 6th 2009 and is filed under Stock News.

IVRCL Infrastructure & Projects Limited (IVRCL) announces that the roads, power and water divisions of the company have bagged orders of the value of Rs3.59bn which are as follows: i) ‘Construction of Vivekanada Road Flyover on Turnkey Contract Basis’ in Kolkatta, awar...

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Three more arrests in Satyam case

Posted on: Monday, April 6th 2009 and is filed under Stock News.

The Central Bureau of Investigation (CBI), probing the Satyam fraud case, arrested the IT firm’s Vice-President (Finance) G Ramakrishna and two other employees on last night.According to CBI Deputy Director General V V Lakshmi Narayana, the arrested employees were involved in prepar...

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JSW Steel cancels 14.74% of FCCBs

Posted on: Monday, April 6th 2009 and is filed under Stock News.

JSW Steel Ltd has cancelled 14.74% of its outstanding zero coupon foreign Currency Convertible Bonds (FCCBs) of US$1,00,000 each due 2012, aggregating to US$47.80mn, repurchased in accordance with the A.P. (DIR Series) Circular No. 39 dated December 08, 2008 issued by the Reserve Bank of ...

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Sensex off highs; DLF, RCom, Tata Steel lead

Posted on: Monday, April 6th 2009 and is filed under Market News.

MUMBAI: Indian indices rallied Monday reacting positively to the outcome of G 20 meeting during the long weekend. Sentiments in global markets turned positive on hopes that the worst of economic downturn has passed. ...

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JSW Steel records highest output in Q4; stock up 10%

Posted on: Monday, April 6th 2009 and is filed under Stock News.

MUMBAI: Shares of JSW Steel gained momentum Monday after the steel manufacturer achieved its highest-ever during the fourth quarter ended March 2009 registering 11 per cent growth to 11.06 lakh tonne over the corresponding quarter last year. ...

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Fund Action witnessed in ABG Ship, Alok Ind, Genus Power

Posted on: Monday, April 6th 2009 and is filed under Stock News.

Fund Action witnessed in ABG Shipyard, Alok Industries, Genus Power, Adlabs , MAX India , Indiabulls Real Estate, Quintegra Solutions , Brandhouse Retail , Asian Oil Field and Pritish Nandy Comm. ...

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Intraday calls for 06-04-09

Posted on: Monday, April 6th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy HDIL for a target of 109. Stoploss: 99. Buy Punj Lloyd for a target of 113. Stoploss: 104. Buy Hyderabad Industries above 145 for a target of 156. Stoploss: 142 (Triple top at 144) ...

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TCS, RIL paid thousands of dollars to Obama aide: report

Posted on: Sunday, April 5th 2009 and is filed under Press Releases.

India’s top-most corporate entity Reliance Industries (RIL) and Tata group firm TCS are among firms which paid thousands of dollars to President Barack Obama’s top economic adviser Lawrence Summers either for his association with the firm or for giving speeches, say reports. ...

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Weekly Review for the Week April 6th – 9th April 2009

Posted on: Sunday, April 5th 2009 and is filed under Market Outlook.

We said ‘Technically the trend is still intact UP with no signs of weakness as yet; we now head into the financial year-end on 31st March. The next technical targets in the days to come are 10201 and the extended technical targets at 10708, where profits bookings can be anticipated’ ...

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