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Equities seen volatile, worries remains

Posted on: Friday, October 17th 2008 and is filed under Market News.

Equities should edge up on Friday as investors hunt for bargains in battered stocks, but the market outlook is still hazy with lingering worries about a sharp global economic slowdown weighing on sentiment. ...

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Jet Airways calls back retrenched staff to work

Posted on: Friday, October 17th 2008 and is filed under Press Releases.

MUMBAI: It was a night of high drama for India’s aviation industry. Bowing to the considerable political backlash, an emotional Naresh Goyal, chairman of Jet Airways, announced the rescinding of the decision to sack 1,900 employees. ...

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Intraday calls for 17-10-08

Posted on: Friday, October 17th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Lanco Infratech at 154, target: 164. Stoploss: 151 Buy HDFC Bank at 1097, target: 1130. Stoploss: 1090 If markets later during the day show weakness, short sell: Essar oil ...

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Intraday calls for 16-10-08

Posted on: Thursday, October 16th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a huge gap down opening. If markets show recovery later during the day, buy: State bank of India and Punj Lloyd. Trade minimal. ...

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Gopinath plans offer to buy back Air Deccan

Posted on: Wednesday, October 15th 2008 and is filed under Stock News.

NEW DELHI/BANGALORE: GR Gopinath, vice-chairman of Kingfisher Airlines, is believed to be considering an offer to buy back Air Deccan as he is reportedly unhappy over the alliance Kingfisher has struck with Jet Airways. ...

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Intraday calls for 15-10-08

Posted on: Wednesday, October 15th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open weak. Short sell: S Kumars Nationwide and Unitech. If markets show signs of recovery later during the day, buy: Bharti Airtel ...

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US to pump $250 bln into banks

Posted on: Tuesday, October 14th 2008 and is filed under Market News.

LONDON/TOKYO: The United States will pump $250 billion into its banks on Tuesday, following similar measures in Europe, but data showed the threat of recession has not been banished even if a financial sector meltdown has. ...

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Petrol prices to be cut if crude fall to $61

Posted on: Tuesday, October 14th 2008 and is filed under Press Releases.

India’s crude oil import price has dropped to the year’s lowest but a cut in petrol and diesel price may happen only if crude falls to USD 61 per barrel as rupee depreciation has partly offset the gains. Oil firms were supposed to break-even on sale of petrol.. ...

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US listed Indian stocks rebound; gain $11 bn

Posted on: Tuesday, October 14th 2008 and is filed under Stock News.

A sharp recovery in the global markets drove Indian stocks listed on American bourses to gain over USD 11 billion collectively in a single day led by IT major Wipro. The shares of 16 Indian companies listed on Nasdaq and the New York Stock Exchange have collectively seen a value increase ...

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TMETC acquires 50.3% stake in Miljø Grenland/Innovasjon

Posted on: Tuesday, October 14th 2008 and is filed under Stock News.

Tata Motors’ UK subsidiary, Tata Motors European Technical Centre plc, has acquired a 50.3% holding, at an acquisition cost of Kroner 12 million (Rs.9.40 crores), in Miljø Grenland/Innovasjon, Norway, which specialises in the development of innovative solutions for electric vehicles. T...

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