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Busiest week for IPO mkt in 15 years; a choice of 11 IPOs

Posted on: September 20th, 2010 and is filed under Market News.

This week is slated to be the busiest in the last 15-years for the primary market, with eight companies seeking to raise around Rs 3,000 crore through public offers, in addition to three already underway. The initial public offers of eight small and medium scale companies, including Cant…

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Smartlink Networks – 47% Profits

Posted on: September 19th, 2010 and is filed under Penny Stocks.

Book partial profits at 105, hold the rest for Long term. Smartlink Network Systems Ltd, India’s leading listed networking company is into network Cabling and other networking products in India another other countries.It is committed to persistently meeting the evolving Digital Info…

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Coal India: In a sweet spot

Posted on: September 18th, 2010 and is filed under Market News.

The huge IPO is eagerly awaited, but factors such as pricing need careful attention. Coal India’s Initial Public Offer (IPO), expected to open in the next few weeks, is a first in quite a few ways. To begin, not a single IPO has been given a rating of 5/5 by any rating agency; Coal Ind…

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Half of BSE 500 stocks way short of all-time highs

Posted on: September 16th, 2010 and is filed under Market News.

This shows the rally has not been broad-based. At a time the Bombay Stock Exchange (BSE) Sensex is racing towards its earlier peak, more than half the stocks in the broader BSE 500 Index are trading 30 per cent below their all-time highs. Taking into account on Wednesday’s close of 19…

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Stocks rally pushes investors’ wealth past Rs 70 trn mark

Posted on: September 14th, 2010 and is filed under Press Releases.

A vertical-looking stock market rally pushed investors’ wealth in the country to over Rs 70,00,000 crore level today — a feat achieved after a gap of over 32 months. As the market benchmark Sensex followed up yesterday’s 409-point rally with another 139-point jump today…

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Sugar subsidy plan is sweet news

Posted on: September 14th, 2010 and is filed under Market News.

In what could lead to an overhaul of policy, the Union government is looking at a new sugar subsidy mechanism as part of its decontrol proposal. It plans to rope in state governments for the purchase and distribution of sugar to below-poverty-line (BPL) consumers at market prices. To comp…

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Mkts likely to rise if RBI, inflation don’t play spoiler: Analysts

Posted on: September 12th, 2010 and is filed under Market News.

The stock market is likely to continue its upward journey this week on the back of persistent inflows from overseas fund houses, analysts said. However, the markets will be keeping a close eye on the RBI’s September 16 mid-term monetary review and the release of August headline inf…

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RIL 2nd among world’s largest value creators

Posted on: September 9th, 2010 and is filed under Press Releases.

Mukesh Ambani-led Reliance Industries has been ranked second in the list of world’s 10 biggest ‘sustainable value creators’, companies that have been successful in creating the most shareholder value over the last decade, prepared by Boston Consulting Group. The list co…

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NSE to start mobile trading from Oct

Posted on: September 6th, 2010 and is filed under Market News.

With a view to reach out to more customers, the National Stock Exchange (NSE) is gearing up to launch mobile trading through nearly 800 registered brokers in early October, an NSE official said. Currently, only about 10-15 big brokers who have the infrastructure offer mobile trading but …

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JSW Energy – Technical View – Stoploss triggered

Posted on: September 6th, 2010 and is filed under Techinicals Breakouts NSE BSE.

JSW Energy had made a triple top formation at 131 levels and is currently trading at 134. One can enter it for a short term target of 140-142. …

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