Quotes with Resistance & Support
Market Information

Intraday calls for 19-12-08

Markets likely to open flat. Nifty may see profit booking at higher levels. Support for Nifty is at 3030-3050. Buy Titan industries on dips for a target of 970-980. If we see profit booking later during the day, short sell: SAIL and DLF. ...

Read More..
read more

Tata group hikes stake in Steel Strips

Posted on: Thursday, December 18th 2008 and is filed under Stock News.

Steel Strip Wheels today said Tata Capital has acquired 3.88 per cent stake in company after conversion of bonds into equity shares, raising the total stake of Tata group in the company to 13.50 per cent.In a filing to the Bombay Stock Exchange, Steel Strips Wheels (SSWL) said it has allo...

Read More..
read more

Religare Securities puts REDUCE on Punj Lloyd

Posted on: Thursday, December 18th 2008 and is filed under Brokerage Recommendations.

Oil and gas companies based in the Middle East are holding renegotiations with E&C contractors for a reduction in contract prices of ongoing projects, according to a recent article in MEED – a Middle East publication. ...

Read More..
read more

Company Update: Satyam Computer

Posted on: Thursday, December 18th 2008 and is filed under Stock News.

Angel Broking: Satyam Computer Services, after deciding to acquire a 51% stake in Maytas Infrastructure, a listed infrastructure company and a 100% stake in Maytas Properties decided to call off the deal following stiff resistance from its shareholders. According to the contours of the d...

Read More..
read more

Sector Watch: Banking

Posted on: Thursday, December 18th 2008 and is filed under Market Outlook.

Sharekhan: In view of the rising asset quality concerns, we have analysed the composition of the outstanding credit to estimate the extent of risk prone assets. Our calculations suggest a risk prone exposure of around 13-16% of the total outstanding credit, which can push the industry lev...

Read More..
read more

Top 10 M&A deals account for over 64% of total value in 08: Grant Thornton

Posted on: Thursday, December 18th 2008 and is filed under Press Releases.

The total number of M&A Deals announced during the calendar year 2008 stands at 445 with a total announced value of US$30.72bn as against 676. The year 2008 has witnessed a global economic downturn due to the sub-prime credit crisis, fluctuating commodity and equity prices and the c...

Read More..
read more

Intraday calls for 18-12-08

Markets likely to open flat. Buy Everonn Systems India above 259. target: 270. Stoploss: 255. Sell Kotak bank below 358. target: 348. Stoploss: 361 Satyam computers may see a short covering bounce. Trade in small quantity as markets are likely to remain volatile. ...

Read More..
read more

OPEC Makes Record Oil Cut to Rescue Prices; Oil Still Tumbles

Posted on: Thursday, December 18th 2008 and is filed under Press Releases.

OPEC cuts record 2.2 million barrels a day OPEC cuts record 2.2 million barrels a day from output — Russia keeps its distance from group ...

Read More..
read more

FIIs net sellers of Rs 189cr in cash mkt on 17-12-08

Posted on: Wednesday, December 17th 2008 and is filed under Market News.

Foreign institutional investors (FIIs) were net sellers of Rs 188.65 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,298.15 crore, gross sales totalled Rs 2,486.80 crore. ...

Read More..
read more

See Nifty trading between 2800-3100 now: Deven Choksey

Posted on: Wednesday, December 17th 2008 and is filed under Market Outlook.

Deven Choksey of K R Choksey Securities said that given the kind of triggers, going forward, there will be some amount of buying coming into the market. He added that if profit booking is bringing down the market, one will see buying and some accumulation taking place at lower levels. Pro...

Read More..
read more

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments