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Sensex has support at 9500-9200: Karvy

Posted on: Wednesday, December 24th 2008 and is filed under Brokerage Recommendations.

According to Karvy Stock Broking’s Technical Analysis report, the indices may find support around 9500-9200/2950-2900 levels for the day. Karvy Stock Broking’s Technical Analysis report: ...

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More declines for oil on latest batch of bad news

Posted on: Wednesday, December 24th 2008 and is filed under Press Releases.

Bad economic news eats away at the value of crude as consumers, businesses slash energy use Oil prices dipped below $38 a barrel Tuesday on fresh evidence of weakness in the U.S. housing market and a shrinking gross domestic product that suggests the recession may be worsening. A repor...

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Intraday calls for 24-12-08

Posted on: Wednesday, December 24th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Buy Godawari Power & Ispat. If markets show weakness later during the day, short sell: Alstom Projects. ...

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Mkt seeing false rally, see Nifty at 2K ahead: Daryl Guppy

Posted on: Tuesday, December 23rd 2008 and is filed under Press Releases.

Daryl Guppy, Founder and Director, guppytraders.com, said he would be taking profits now and would go short on the Nifty and Sensex. “The weakness that is developing at the moment suggests that we are looking at downside targets of around 2,000 for the Nifty”. ...

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Intraday calls for 23-12-08

Posted on: Tuesday, December 23rd 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open weak.. Nifty has support at 2980. Short sell: ...

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Toyota projects first loss in 70 years

Posted on: Tuesday, December 23rd 2008 and is filed under Press Releases.

The Japanese auto giant forecast its first operating loss in 70 years on Monday, more fallout from the severe slump in vehicle sales that has nearly claimed two Detroit automakers and raised questions over when the U.S. market, Toyota’s largest, will hit bottom. ...

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Back to Basics for Investors in 2009: Pimco’s El-Erian

Posted on: Tuesday, December 23rd 2008 and is filed under Press Releases.

As the meltdown in the economy gains steam, investors in 2009 will need to return to the basics of investing such as diversification and risk management, said Pimco co-CEO Mohamed El-Erian. Even though those same principles did not serve investors well in 2008, the coming year will ...

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US investors pull $72 bn out of stock funds in Oct: WSJ

Posted on: Monday, December 22nd 2008 and is filed under Market Outlook.

With stock markets collapsing amid the global economic turmoil, investors are losing faith in equities and have pulled out as much as $72 billion from stock funds in October alone.According to the Wall Street Journal, one of the characteristics of the long market downturns in the 1930s an...

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IVRCL Infra raises Rs2bn via debt

Posted on: Monday, December 22nd 2008 and is filed under Stock News.

The issue is being made to meet the normal capital expenditure, general corporate purposes and long term working capital requirements. IVRCL Infrastructures & Projects Ltd has informed that pursuant to Securities and Exchange Board of India (Issue and Listing of Debt Securities) Reg...

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Tata Sons hikes stake in Tata Comm to 10.88%

Posted on: Monday, December 22nd 2008 and is filed under Stock News.

MUMBAI: Tata Communications today said that Tata Sons, one of its promoter group firm, has consolidated its stake in the company to 10.88 percent by acquiring an additional 2.37 per cent. The company has acquired 67.53 lakh shares representing 2.37 per cent stake in Tata Communications th...

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