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FIIs net sellers of Rs 149cr in cash mkt on 20th March’09

Posted on: Saturday, March 21st 2009 and is filed under Market News.

Foreign institutional investors (FIIs) were net sellers of Rs 149.18 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 1,108.73 crore, gross sales totalled Rs 1,257.91 crore. ...

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Update: Akruti City ends down 28% on F&O ban

Posted on: Saturday, March 21st 2009 and is filed under Stock News.

Akruti City finally settled with a hefty loss of nearly 28% at Rs 1,608. The counter saw trades of around 27 lakh shares so far on the BSE today. Akruti City continues to languish at lower levels and is still down almost 25% at Rs 1,675. The counter has seen trades of around 16.57 lakh s...

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Satyam’s foreign deals under scanner

Posted on: Saturday, March 21st 2009 and is filed under Press Releases.

NEW DELHI: Indian investigating agencies may ask foreign clients of Satyam Computer Services to give details of their transactions to find out if the arrested founder of the scam-hit software exporter had forged invoices. ...

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Hold cash, mkts to fall 10-20% from here: Experts

Posted on: Saturday, March 21st 2009 and is filed under Press Releases.

Dhiraj Agarwal, Director Institutional Equities at Anand Rathi, feels the market, whcih has so far been moving in tandem with the global market, will break away for a while post elections. He expects market action to be stock-specific for the next one-two years and sees a secular ...

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iGATE drops out of Satyam race; Spice bids

Posted on: Saturday, March 21st 2009 and is filed under Press Releases.

iGATE has not filed an Expression of Interest (EoI) to bid for Satyam Computer Services before the 5pm deadline set by the crisis-mauled company’s board. On the other hand, the remaining three bidders, Tech Mahindra, Larsen & Toubro and Spice Group, went ahead and submitted the...

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Hold cash, mkts to fall 10-20% from here: Experts

Posted on: Friday, March 20th 2009 and is filed under Market Outlook.

Intraday calls for 20-03-09

Posted on: Friday, March 20th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open weak. Short sell: Larsen and Toubro, target: 590. Stoploss: 616 and Mundra port, target: 301. Stoploss: 316. GMR Infra crossed a very important resistance level of 85 yesterday. If it holds onto 85 today for some time, one can buy it for a target of 90+ in short t...

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Market Review for 20th March 2009

Posted on: Thursday, March 19th 2009 and is filed under Market Outlook.

BSE Sensex: (9002) we were expecting a sideways move as the market was a bit exhausted near the high of 9140, the upside seems to be limited at this point of time and as the market needs to consolidate in these regions which appears like a running correction if it has to climb any further...

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SEBI seeks feedback on extending market hours

Posted on: Thursday, March 19th 2009 and is filed under Market News.

MUMBAI: Securities market regulator is seeking feedback on whether trading hours on country’s financial exchanges should be extended to better align them with international markets. “It is important to align Indian markets, as far as possible, with those of the international m...

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Inflation at all time low of 0.44 per cent

Posted on: Thursday, March 19th 2009 and is filed under Press Releases.

NEW DELHI: Inflation for the week ended March 7 fell to an all time low of 0.44%. The sharp fall in inflation was due to several factors including easing prices of food articles and fuel items along with a high base effect. Annual inflation as measured by Wholesale Price Index (WPI) was a...

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