Quotes with Resistance & Support
Market Information

Intraday calls for 22-10-08

Markets likely to open weak. If markets show recovery later during the day, buy: Punjab Tractors and Reliance Petroleum. ...

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Intraday calls for 21-10-08

Buy Punj Lloyd at 167, target: 175. Stoploss: 165 Buy Titan Industries at 850, target: 875. Stoploss: 845. ...

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Intraday calls for 20-10-08

Buy Moser Bear at 98, target: 104. Stoploss: 96 Buy Balrampur Chini Mills at 52.50, target: 56. Stoploss: 51 ...

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Weekly review: Sensex tumbles below 10K

Posted on: Monday, October 20th 2008 and is filed under Market News.

For the first time in two years, the benchmark Sensex closed below the psychologically 10,000 level as funds continued their selling spree amid strong signs of recession in the US — the world’s biggest economy — becoming a reality. ...

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Buffett says he’s buying US stocks: Report

Posted on: Sunday, October 19th 2008 and is filed under Market Outlook.

NEW YORK: Billionaire investor Warren Buffett is buying US stocks, he wrote in an opinion column in the New York Times. “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” Buffett wrote in the paper. ...

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LIC sells 1,68,974 shares of Bhuruka Gases

Posted on: Sunday, October 19th 2008 and is filed under Stock News.

MUMBAI: Life Insurance Corporation(LIC) today said that it has sold 1,68,974 equity shares of Bhuruka Gases Limited. The shares were sold at a rate of Rs 41 per share, constituting 1.20 per cent of the paid-up capital of the company, LIC said in a press release issued here. ...

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Top 10 cos lose Rs 94kcr in a week; SBI defies trend

Posted on: Sunday, October 19th 2008 and is filed under Market Outlook.

MUMBAI: With stock markets continuing their downslide, the country’s elite club of most valued firms lost over Rs 94,000 crore in a week, though SBI defied the trend and added nearly Rs 4,000 crore to its market capitalisation. ...

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FIIs slash stake in 18 Sensex firms in sept quarter

Posted on: Sunday, October 19th 2008 and is filed under Market News.

MUMBAI: Foreign Institutional Investors have reduced their holdings by up to 3 per cent in 18 blue-chip firms, including ICICI, on the 30-share benchmark Sensex, in the September quarter this fiscal. FIIs reduced their stake in country’s ...

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Mamata threatens legal action against Ratan Tata

Posted on: Sunday, October 19th 2008 and is filed under Press Releases.

KOLKATA: Trinamool Congress chief Mamata Banerjee on Sunday threatened to take legal action against Tata Group chairman Ratan Tata for making “defamatory comments” against her and the farmers’ agitation that led to the Nano car car project being shifted from Singur in We...

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Dutch prepare to pump $12 bn into ING: Report

Posted on: Sunday, October 19th 2008 and is filed under Market Outlook.

LONDON/AMSTERDAM: Dutch financial group ING is in talks with the Dutch government about a state-backed cash injection estimated to be worth up to 9 billion euros ($12.12 billion), the Sunday Times reported. The Netherlands’ biggest listed bank, which said on Friday that it was about...

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