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Intraday calls for 14-10-08

Posted on: Tuesday, October 14th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets to see a huge gap up opening. Buy ...

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Axis Bank Q2 net up 77 pct at Rs 403 cr

Posted on: Monday, October 13th 2008 and is filed under Stock News.

Axis Bank on Monday announced a net profit of Rs 402.91 crore for the second quarter ended September 30, a 76.85 per cent growth for the corresponding period a year-ago.The Bank had a net profit of Rs 227.82 crore in the September quarter of FY’08, it said in a filing to the Bombay ...

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ONGC, GSPC to get higher price of gas

Posted on: Monday, October 13th 2008 and is filed under Stock News.

State-run Oil and Natural Gas Corp and Gujarat State Petroleum Corp are likely to fetch a minimum of 20 per cent premium over the USD 4.2 per million unit price fixed for Reliance Industries’ gas field. UBS Investment Research in its latest report estimated that ONGC and GSPC may ge...

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ore Projects and Technologies slumps 70% in two trading sessions

Posted on: Monday, October 13th 2008 and is filed under Stock News.

Core Projects and Technologies slumped 46% to Rs 74 at 14:03 IST on BSE, tumbling for the third session in a row on market talk that shares pledged by some investors were offloaded after margin calls were unmet. Meanwhile, the BSE Sensex was up 808.49 points, or 7.68%, to 11329.98. ...

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World stock markets soar after last week’s rout

Posted on: Monday, October 13th 2008 and is filed under Market News.

HONG KONG (AP) — Global stock markets rebounded strongly on Monday after last week’s historic sell-off as governments from Europe to Australia and the U.S. intensified efforts to ease a financial crisis that threatened to the throw the world into recession.Hong Kong’s Ha...

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Pull-back rally intensifies; Sensex up over 6%

Posted on: Monday, October 13th 2008 and is filed under Market News.

MUMBAI: Sustained buying in index heavy-weights, especially ICICI Bank, helped benchmarks surge over 6 per cent Monday. Major interest was seen in banks, metals and IT stocks. At 1 pm, Bombay Stock Exchange’s Sensex was at 11214.37, up 686.52 points or 6.52 per cent. The 30-share index ...

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ICICI Bank: Fear psychosis comes to rest

Posted on: Monday, October 13th 2008 and is filed under Stock News.

MUMBAI: After a series of damage control measures, the ICICI Bank authorities seem to have dispelled all the negative impact of the malicious rumrurs against it. The stock which was down 20 per cent last week, is now up by 20.91 per cent on the NSE. Around 1pm, the volume of trading for I...

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UK banks to get $64bn govt funds

Posted on: Monday, October 13th 2008 and is filed under Press Releases.

LONDON: Three major British banks could take GBP 37 billion ($64 billion) in government money to boost their capital, the UK treasury said. Royal Bank of Scotland (RBS) said in a statement it will boost capital by GBP 20 billion including the UK government taking GBP 5 billion in preferen...

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TCS bags Rs1,000cr Passport Seva Project

Posted on: Monday, October 13th 2008 and is filed under Stock News.

MUMBAI: Tata Consultancy Services (TCS) has entered into a deal worth over Rs 1000 crore with the ministry of external affairs for digitising and simplifying the passport issuance process. Under the Passport Seva Project (PSP), the ministry expects new passports to be issued in three day...

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Crude prices could fall to $50 a barrel: Goldman Sachs

Posted on: Monday, October 13th 2008 and is filed under Press Releases.

SINGAPORE: Goldman Sachs, one of the foremost bulls on commodities, turned a near-term bear on Monday after conceding that global financial turmoil would take a far bigger toll on demand than first anticipated. “We have underestimated the depth and duration of the global financial c...

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