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Kotak Securities launches ‘Smart Order ‘

Posted on: Wednesday, December 10th 2008 and is filed under Market Outlook.

MUMBAI: Kotak Securities on Wednesday launched a new service styled as Smart Order which will help clients buy and sell stocks at the best possible rates from either of the stock exchanges – BSE or NSE. Once a customer selects Smart Order to buy or sell, it executes the order at the be...

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FIIs net buyers of Rs 951cr in cash mkt on 10-12-08

Posted on: Wednesday, December 10th 2008 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 950.65 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,603.96 crore, gross sales totalled Rs 1,653.31 crore. ...

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GMR Holdings hikes stake in parent co up to 74 pc

Posted on: Wednesday, December 10th 2008 and is filed under Stock News.

MUMBAI: GMR Holdings Pvt Ltd, one of the promoter group companies, has hiked its stake in the parent company – GMR Infrastructure – by purchasing 23.7 lakh equity shares of from the open market. GMR Holdings has now 73.56 per cent stake with 1,33,94,33,610 shares of Rs 2 each...

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Rally continues unabated; RIL, DLF lead

Posted on: Wednesday, December 10th 2008 and is filed under Market News.

MUMBAI: Equities continued their upmove on the back of brisk buying across sectors. Realty and metal counters fronted the rally. At 3 pm, Bombay Stock Exchange’s Sensex climbed 4.67 per cent or 428.18 points at 9,590.80. The index touched a high of 9,619.36 and low of 9,280.16 in tr...

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Indiabulls upgrades Tata Power to ‘buy’

Posted on: Wednesday, December 10th 2008 and is filed under Brokerage Recommendations.

CMP:Rs 687, Target price: Rs 872. Indiabulls has upgraded its rating on private power sector major Tata Power from ‘hold’ to ‘buy’. The brokerage is upbeat about the company’s future on the back of its upcoming projects. It believes that the existing power generation and distrib...

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Intraday calls for 10-12-08

Posted on: Wednesday, December 10th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Nifty has some support at 2730-2750. Buy: Escorts and Reliance Infrastructure. Short sell: BPCL (Oil ministry hints at another fuel price cut) ...

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Buy Karuturi Global – 105% returns as on 26-01-10

Posted on: Tuesday, December 9th 2008 and is filed under Investment Ideas.

CALL CLOSED (LONG TERM INVESTORS – HOLD IT) – Buy Karuturi Global around Rs.10, Current market price: 11.70. Long term target: 24. Karuturi Global is the world’s largest producer of roses, cultivating 585 million stems per annum. Boasts over a decade of experience in r...

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Karutari Global spurts on winning order

Posted on: Monday, December 8th 2008 and is filed under Stock News.

Shares of Karuturi Global have surged higher after the company announced that it concluded a new contract for supply of 50mn roses, an increase of 28% over 36mn roses supplied in the previous year, from Edeka, one of the largest super markets network in Germany. ...

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RPL to start Jamnagar refinery by March

Posted on: Monday, December 8th 2008 and is filed under Stock News.

Reliance Petroleum (RPL), a unit of Mukesh Ambani-run Reliance Industries, may fully commission its 5,80,000 barrels per day only-for-exports refinery at Jamnagar in Gujarat by March but is likely to start producing some products by next month, a source said.The company is likely to begin...

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Fire at Reliance Petroleum’s Jamnagar site

Posted on: Monday, December 8th 2008 and is filed under Press Releases.

A fire was reported at the site of Reliance Petroleum’s under-construction export-oriented refinery at Jamnagar in Gujarat.The fire was reported at the “dumping ground” of the refinery, but it could not be ascertained if the unit had been affected or if there was any cas...

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