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Market reverses losses

Posted on: Wednesday, October 29th 2008 and is filed under Market News.

At 12:07am (IST), Sensex was up 146 points at 9,160 and the NSE Nifty was up 41 points at 2,725. Markets are witnessing wild intra-day swings. After sliding in the negative terrain, bulls have yet again staged a smart come back led by gains in the index heavyweights like Reliance Industri...

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Unitech to sell stake in its telecom arm

Posted on: Wednesday, October 29th 2008 and is filed under Stock News.

Real estate major Unitech has finalised its deal to offload stake in its telecom arm Unitech Wireless to Norwegian telecom giant Telenor. UNitech will inform the stock exchanges later today. Unitech is likely to sell its 43% stake for around 1 billion dollars. ...

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Rupee up as stocks gain, hopes of inflows

Posted on: Wednesday, October 29th 2008 and is filed under Market Outlook.

MUMBAI: Rupee strengthened on Wednesday as gains in the local stock market raised hopes of some fresh capital inflows but traders said month-end dollar demand from oil firms and importers was likely to keep a lid on gains. At 10.00 am (0430 GMT), the partially convertible rupee was at 49....

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Market pares gains, Nifty then goes into red

Posted on: Wednesday, October 29th 2008 and is filed under Market News.

After a jump start in the early trades, key indices were unable to hold on to their gains as traders and investors preferred to book some profits at higher levels. The realty, pharma, FMCG and power stocks were under pressure. At 10:40 am (IST), the BSE 30-share Sensex was down 30 points ...

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Sparkling start to Diwali, Sensex above 9k

Posted on: Tuesday, October 28th 2008 and is filed under Market News.

Unlike previous year’s Mahurat trading session, Indian market this time around ended on an upbeat with the benchmark BSE Sensex ending over the 9,000 mark. The BSE benchmark Sensex rallied 498 points or 5.8% to close 9,008 and the NSE Nifty index surged 160 points to close at 2,684. ...

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Intraday calls for 28-10-08

Posted on: Tuesday, October 28th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets to see a gap up opening. Buy Punj Lloyd and RPL. Wish you all a very happy and prosperous Diwali and New year. Take care. ...

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NSE BSE Market time for 28th october 2008

Posted on: Tuesday, October 28th 2008 and is filed under Market News.

Both exchanges would be conducting special trading sessions on Tuesday, October 28, 2008 for muhurat trading. Market Opens at 6.15 p.m. and closes at 7.15 p.m. Both exchanges would be conducting special trading sessions on Tuesday, October 28, 2008 for muhurat trading on account of Diwali...

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Mkts recover, Sensex back above 8,000

Posted on: Monday, October 27th 2008 and is filed under Market News.

The BSE benchmark Sensex provisionally ended 2.07 per cent lower on Monday, after falling 11.5 per cent during trade to its lowest since October 2005, with local institutions and short covering pulling it off lows. ...

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Global crisis may cost Thailand 1 mn jobs

Posted on: Monday, October 27th 2008 and is filed under Market Outlook.

The global economic slowdown could cost Thailand a million jobs early next year and output will be slashed, the Federation of Thai Industries (FTI) said on Monday. “I think industries will cut their production by 20-30 per cent and about 900,000 to 1 million jobs will go in the firs...

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Shriram City Union up 5.35% in a declining market

Posted on: Monday, October 27th 2008 and is filed under long term call email.

MUMBAI: Consumer finance major, Shriram City Union Finance bucked the overall market trend to close with a gain of about 5.5 per cent as against the Sensex decline of 2.2 per cent. This was after The Economic Times reported that global buyout firm TPG is buying 55 per cent stake.. ...

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