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Sensex @ 18,000 by March 2010: Sonthalia

Posted on: July 20th, 2009 and is filed under Market Outlook.

MUMBAI: Manish Sonthalia, vice president, equity strategy, Motilal Oswal Securities , said the momentum is so strong that the markets will move significantly higher from the current level. Is there room for some more rally in the markets? Sonthalia: Yes…it looks like the momentum…

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Financial guide for newly-married and those ready for the plunge

Posted on: July 20th, 2009 and is filed under Stock Views.

When a shocked world learnt two months ago that Archie Andrews would propose to super-rich Veronica Lodge, and not the girlnext-door Betty Cooper, after 68 years of teen romance, millions of dedicated followers across the globe erupted in protest. How could their hero choose Mammon over …

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JSW Steel Q1 net dips 6% at Rs 234 cr

Posted on: July 20th, 2009 and is filed under Stock News.

JSW Steel on Monday reported a 6.45 per cent decline in consolidated net profit at Rs 234.08 crore for the first quarter ended June 30, 2009, over the same period last year. The company had a net profit of Rs 250.23 crore in the same quarter ended June 2008, JSW Steel said in a filing to…

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Suzlon wins order from Technomash Bulgarian Industrial

Posted on: July 20th, 2009 and is filed under Stock News.

The project will come up in the province of Dobrich in North-East Bulgaria, and be supplied in financial year 2009-2010. Suzlon Energy has signed an agreement with Technomash Bulgarian Industrial Group to deliver 12.6 MW of capacity through six numbers of Suzlon S88-2.1 MW wind turbines….

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Sensex firm above 15,000; TCS, Infosys, Reliance lead

Posted on: July 20th, 2009 and is filed under Market News.

MUMBAI: Indian markets were witnessing buying across the board after sentiments turned bullish with better than expected earnings and positive global markets. At 2:10 pm, Bombay Stock Exchange’s Sensex was at 15,082.85, up 337.93 points or 2.29 per cent. The index touched an intra…

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Stocks in news: RIL, RNRL, TCS, HDFC Bank, Sasken

Posted on: July 20th, 2009 and is filed under Press Releases.

Results today: JSW Steel, Essar Oil, IDFC, Aptech, BASF India, Era Infra, Indo Rama Synthetics, KPIT Cummins, Merck, Mindtree, Peninsula Land, Sterlite Tech, SPARC, Triveni Engg, Zandu Pharma RIL-RNRL update: Govt asks SC to make it party in RIL-RNRL gas dispute RIL says copy of govt SL…

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8 US banks collapsing every month: Study

Posted on: July 19th, 2009 and is filed under Press Releases.

TOP STORIES Business TodayTop StoriesStory 8 US banks collapsing every month: Study An average of eight US banks are collapsing every month, as the country’s economy continues to feel the tremors of financial turmoil. With four more banks going belly up on July 17, the total fai…

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Big tech earnings week will reveal economic trends – Wall Street

Posted on: July 19th, 2009 and is filed under Press Releases.

SEATTLE (AP) — The technology sector is often talked about as if it were a unified front, an easy-to-define monolith. People say technology stocks rose or technology stocks fell. Tech helped drive a huge boom in the 1990s, and when that collapsed in 2001, tech contributed to the las…

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Bank profits not as impressive as they seem – Wall Street

Posted on: July 18th, 2009 and is filed under Market Outlook.

Banks turn in hefty profits, but industry still has big problems NEW YORK (AP) — The big banks are making big money again, but they won’t be back to health as long as they have to deal with a recession and customers defaulting on mortgages and credit cards. The impressive n…

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FII buying spree pushes up Sensex

Posted on: July 18th, 2009 and is filed under Market News.

MUMBAI: The bourses leapfrogged after a brief pause on Thursday as the Bombay Stock Exchange sensitive index, Sensex, jumped 494.67 points to a two-week high of 14744.92 on optimism that India Inc might come out with significant improvement in first quarter margins. This is the biggest s…

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