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Stocks in news: IOC, Satyam, Tata Motors, Ashok Ley

Posted on: Thursday, February 5th 2009 and is filed under Stock News.

Indian ADRs: Satyam, MTNL down 4%, Infosys, Wipro, HDFC Bank down 1% Results today: ACC NSE notifies cross margining norms across cash & F&O segments, to begin from February 9 Montek Singh says Fiscal Stimulus needs to continue into next fiscal… ...

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Market Review for 5th February 2009: Prakash Gaba

Posted on: Thursday, February 5th 2009 and is filed under Market Outlook.

BSE Sensex: (9202) we said ‘structurally it gives an impression that the market could be up as long as 9035 holds and so 9035 is a Make or Break level’ the market has managed to stay above 9035 but it is still range bound and the direction of the market is not clear as yet. ...

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India Inc’s fund raising via IPO in 2008 dips to 3-yr low

Posted on: Wednesday, February 4th 2009 and is filed under Press Releases.

NEW DELHI: India Inc’s capital mobilisation through initial public offering has hit rock bottom as the total amount raised via this route in 2008 aggregated to $ 4,509 million, the lowest in the last three years, says a report. Capital mobilisation through IPOs witnessed a fall both...

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Nalanda picks up stake in MindTree

Posted on: Wednesday, February 4th 2009 and is filed under Stock News.

CHENNAI: Nalanda India Capital, a Singapore-based investment fund run by Pulak Prasad has bought more than seven lakh shares in IT services firm MindTree from Walden International. The transaction, valued at Rs 15.6 crore, happened through the bulk deal route on the Bombay Stock Exchange...

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Nifty ends above 2800;Tata Steel, Zee Ent up

Posted on: Wednesday, February 4th 2009 and is filed under Stock News.

MUMBAI: Equities witnessed a dull trade Wednesday as investors chose to stay away in a directionless market. Metal and realty space ended higher while healthcare closed marginally lower. National Stock Exchange’s Nifty ended at 2803.05, up 19.15 points or 0.69 per cent. The broader inde...

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Raju shell cos want Satyam money back

Posted on: Wednesday, February 4th 2009 and is filed under Press Releases.

HYDERABAD: In an ironic twist to the ongoing Satyam saga, a clutch of front firms promoted by the founder of Satyam Computer Services, B Ramalinga Raju, and his family, have demanded repayment of Rs 1,230 crore that they lent to the software firm. A senior police official, who is a part o...

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Intraday calls for 04-02-09

Posted on: Wednesday, February 4th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Eicher Motors at 228, target: 238. Stoploss: 224. Buy Alok Industries at 17.30, target: 18.40. Stoploss: 16.90 If markets show weakness later during the day, short sell: Reliance Petroleum below 82. ...

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Stocks in news: Satyam, Eicher Motor, Balrampur Chini

Posted on: Wednesday, February 4th 2009 and is filed under Stock News.

Highest bid may be benchmark for Satyam open offer price by SEBI – BL Eicher Motors buy back at Rs 691.8/sh (Very Imp, it’s at fixed price of Rs 691.8, CMP Rs 226. This is the same price at with 8.1% stake was sold to Volvo, buy back opens on March 12, closes on March 26). ...

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Satyam saga: List of cos disclosing pledged share details grows

Posted on: Wednesday, February 4th 2009 and is filed under Stock News.

MUMBAI: The list of Indian promoters, who have mortgaged their equity holding to raise funds, is growing by the day. Nearly 10 companies on Tuesday provided the stock exchanges with details of shares pledged by their promoters. Balaji Telefilms, Hind Syntex, Aban Offshore, Bhuwalka Steel...

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Market Review for 4th February 2009: Prakash Gaba

Posted on: Tuesday, February 3rd 2009 and is filed under Market Outlook.

BSE Sensex: (9160) we said ‘Trading is always difficult in a range bound market. Caution is the order of the day’ the market saw the low at 9040 very close to our supports and structurally it gives an impression that the market could be up as long as 9035 holds and so 9035 is Make or ...

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