Quotes with Resistance & Support
Market Information

Intraday calls for 19-11-08

Markets likely to open flat. If markets show recovery, buy: Punj Lloyd and Tata Motors. Nifty support at 2640. ...

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Intraday calls for 18-11-08

Markets likely to open weak. Short sell: Larsen and Tubro, stoploss: 795 If markets show recovery later during the day, buy: Rolta India and Mundra Port. ...

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Suzlon to buy Martifier stake in REpower

Posted on: Monday, November 17th 2008 and is filed under Stock News.

The Indian wind energy major had in September agreed to buy the equity stake from Portugese company Martifier for euro 270 million. At present, Suzlon holds 66 per cent stake in REpower. “It was originally scheduled for May. We had accelerated it to December, but we are going with the o...

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Unitech repays loans to Indiabulls

Posted on: Monday, November 17th 2008 and is filed under Stock News.

Real estate major Unitech today said it has repaid the entire financial assistance received from Indiabulls Financial Services. Unitech has repaid on the due date the entire financial assistance received from Indiabulls Financial Services and its affiliates, the company said in a regulato...

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Sensex recovers, ends down 94pts

Posted on: Monday, November 17th 2008 and is filed under Market News.

The Sensex opened 12 points higher at 9,397, touched a high of 9,436, and then soon slipped into the negative zone. Aggressive selling in banking and realty stocks dragged the index below the 9,000-mark to a low of 8,957 – down 479 points from the day’s high. Selective buying...

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Intraday calls for 17-11-08

Markets likely to open flat. Nifty has support at 2780-2800 levels and resistance at 2930. If nifty manages to stay above 2850 for sometime we could see it move higher. 2800-2850 is a no trade zone. If nifty breaks 2800 short sell: Axis bank, target 470. Stoploss: 500. If nifty manages...

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SR: Alembic announces buy-back offer

Posted on: Sunday, November 16th 2008 and is filed under Stock Research.

The company’s board approved the buyback plan during market hours today, 14 November 2008. Meanwhile, the BSE Sensex was down 110 points, or 1.2%, to 9,422.32. On BSE, 2.7 lakh shares were traded in the counter. The scrip had an average daily volume of 77,425 shares in the past one ...

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World leaders pledge action plan to fight crisis

Posted on: Saturday, November 15th 2008 and is filed under Stock News.

By Glenn Somerville and Matt Spetalnick WASHINGTON (Reuters) – World leaders grappling with the worst financial crisis since the Great Depression of the 1930s pledged on Friday to deliver a concrete plan to ward off recession and prevent future meltdowns. ...

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GM may run out of gas before Obama arrives

Posted on: Saturday, November 15th 2008 and is filed under Stock News.

DETROIT (AP) — In recent months, General Motors has been burning through about $3.1 million an hour, or $52,000 — the price of a well-equipped Chevy Tahoe SUV — every minute. How much longer can this go on? And perhaps more important, can GM hang on until Barack Obama a...

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Stocks end lower on global economic concerns

Posted on: Friday, November 14th 2008 and is filed under Stock News.

MUMBAI: After a promising start, stocks see-sawed through the day to finally give in to losses. Deteriorating global economic news with Hong Kong and Italy drifting into recession weighed on sentiment. All sectoral indices, barring FMCG, ended in the negative territory. ...

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