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Intraday calls for 11-10-08

Posted on: Tuesday, November 11th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. If we see signs of profit booking, short sell: Future Capital Holdings and Punj Lloyd. Incase markets recover later during the day, buy: Dhanus Technologies ...

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NIFTY INTRADAY TIPS AND LEVELS LEVELS FOR 11th NOV

Posted on: Tuesday, November 11th 2008 and is filed under Market Outlook.

3099 is going to be very important now, and shouldnt break for the uptrend to continue. breaking 3099, nifty may dip to as much as 3030-2960 levels. ...

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HSBC Q3 profit up yoy, but US biz hurts

Posted on: Monday, November 10th 2008 and is filed under Press Releases.

But, the US unit declines markedly because of rising loan defaults in the consumer and corporate units, and writedowns in the securities division HSBC said on Monday that its third-quarter profit rose as asset sales and growth in Asia offset a worsening US economy. Europe’s biggest ...

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U.K. wind turbine installations to double in 2009: REpowe

Posted on: Monday, November 10th 2008 and is filed under Stock News.

Scottish & Southern Energy Plc, the U.K.`s second-biggest energy supplier, will buy 69 turbines REpower Systems AG expects to double the number of turbines it installs in the U.K. next year. The local division should install more than 100 of the units in 2009, up from 50 this year. ...

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Reliance Infra buys back 16-lakh shares in less than 2 weeks

Posted on: Monday, November 10th 2008 and is filed under Stock News.

MUMBAI: Reliance Infrastructure Ltd has bought back 16,00,000 equity shares of the company in less than two weeks, a statement said here. The company, a part of the Anil Dhirubhai Ambani Group (ADAG), was earlier known as Reliance Energy Ltd. Since the commencement of the buy back on Marc...

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Bharat Forge defers $84 mn rights issue

Posted on: Monday, November 10th 2008 and is filed under Stock News.

NEW DELHI: Auto components maker Bharat Forge Ltd, the world’s second largest forgings maker, has deferred a 4 billion rupee ($84 million) rights issue due to worsening market conditions, its chairman said on Monday. “How can we do a rights issue … the markets are challe...

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Intraday calls for 10-11-08

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

Markets likely to see a gap up opening. We could see profit booking at higher levels. If markets show signs of profit booking, short sell: Reliance industries and Mundra Port (Below 338). ...

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US-listed Indian stocks lose $3 bn in one week

Posted on: Sunday, November 9th 2008 and is filed under Stock News.

NEW YORK: Indian shares listed in the United States witnessed erosion of nearly $3 billion in their market valuations for the first week of this month, as fears of an economic turmoil deepening further battered the stock markets. The 16 Indian entities trading on the American bourses lost...

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Top 10 firms gain over Rs 20,000 cr in market cap

Posted on: Sunday, November 9th 2008 and is filed under Market Outlook.

MUMBAI: Breaking its six-week long losing trend, country’s top 10 club added over Rs 20,000 crore to the combined market valuation in the past week, even as Reliance Industries and Infosys suffered losses. The top 10 companies together gained Rs 23,273 crore in market cap last week...

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RBI offers forex liquidity to Indian banks abroad

Posted on: Saturday, November 8th 2008 and is filed under Market Outlook.

The Reserve Bank of India (RBI) will provide foreign exchange liquidity to foreign branches and subsidiaries of Indian banks through currency swaps. The central bank will also consider easing banks’ requirement to buy government debt in specific cases to free up cash to fund the cur...

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