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Stocks in news: Satyam, HDFC, Idea, Maruti, Firstsource

Posted on: Wednesday, March 25th 2009 and is filed under Stock News.

Satyam -Sources say: Company paid arrears to eligible employees between February 23-24 -Company says submitted letters to SEBI, US SEC detailing bidding process. ...

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Intraday calls for 25-03-09

Markets likely to open weak. Short sell Reliance Communication for a target of 154. Stoploss: 163. If markets show recovery later during the day, buy Suzlon Energy. ...

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Election-hit IPL gets South African ticket

Posted on: Tuesday, March 24th 2009 and is filed under Press Releases.

Johannesburg: South Africa was chosen to host the second edition of the Indian Premier League on Tuesday which has been shifted out of India because of security apprehensions. The decision to hold the lucrative Twenty20 tournament was taken after a meeting between IPL commissioner Lalit M...

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Short-term traders swing into profits

Posted on: Tuesday, March 24th 2009 and is filed under Market News.

NEW DELHI: Short-term traders, better known as swing traders, are now calling the shots at Dalal Street. With stock market witnessing sharp rallies — up and down — not only swing traders but also smart investors are resorting to only short-term trading to make money in the stock marke...

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Market Review for 25th March 2009

Posted on: Tuesday, March 24th 2009 and is filed under Market Outlook.

BSE Sensex: (9471) we said ‘we need to be cautious about market opening with a bull gap and profit booking coming in’ and that’s what happened. The market could not sustain a gap up open and profit booking came in… ...

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FIIs net buyers of Rs 502cr in cash mkt today

Posted on: Tuesday, March 24th 2009 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 501.76 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,077.60 crore, gross sales totalled Rs 1,575.84 crore. ...

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Satyam defers joining dates of 9,000 freshers

Posted on: Tuesday, March 24th 2009 and is filed under Press Releases.

Citing global economic slowdown as one of the reasons, Satyam Computer has deferred the joining dates of 9,000 freshers to whom the company had issued offer letters.”The joining dates of around 9,000 students of the 2007-2008 batch, who were given the offer letters during December 2...

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Nifty ends near 3000: Beginning of rally or end of it?

Posted on: Tuesday, March 24th 2009 and is filed under Market Outlook.

The benchmark indices ended marginally weak after giving up all the gains in the last half an hour of the trade. Both the indices started on a strong note following positive Asian markets and rally in US markets. The Sensex closed at 9,402, down 21 points and the Nifty ended at 2,938 down...

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MCX, BSE in talks for cross-holding, technology sharing

Posted on: Tuesday, March 24th 2009 and is filed under Press Releases.

NEW DELHI: The country’s top stock exchange BSE and its counterpart in commodity trading MCX have initiated a dialogue to explore a tie-up entailing sharing of technology to (rpt) cross-holding to gain global markets. ...

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Nifty crosses 3000 mark; banks, realty front rally

Posted on: Tuesday, March 24th 2009 and is filed under Market News.

MUMBAI: Stocks extended gains for the second consecutive session on Tuesday as global markets found some relief in the US plan to get rid of the bad assets in the banking sector, which sparked hopes for stability in the financial system. ...

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