MUMBAI: Indian markets were moving in narrow range with negative bias Wednesday following weakness in the global markets. IT, capital goods and metals were down on profit booking while realty and oil & gas bucked trend. “US markets closed in the red and Asian markets are mixed. A…

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MUMBAI: The jittery sentiment across overseas markets failed to deter Indian equities which made way for a positive close Tuesday, snapping from a three day losing streak. Volatility was at its best with equity benchmarks making a weak start, then surging to the day’s high, and finally…

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Prabhudas Lilladher has maintained its accumulate rating on Reliance Industries in its June 15, 2009 research report. “The Bombay High court has finally ruled the gas pricing decision in favour of Reliance Natural Resources (RNRL) which entitles the company to procure gas from Reli…

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MUMBAI: Indian markets pared early morning losses Tuesday as investors entered at lower levels providing support for indices. Traders ignored the weak cues from international markets and took positions on hopes that Indian economy will do better than other global economies, said dealers….

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With the NSE Nifty index shutting shop below the 4500 levels, the index might find support at around 4350-4360 levels in the coming days. It was the third straight trading session of losses for the Indian markets on Monday. The slide was led by weak global cues coupled with heavy selling…

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MUMBAI: Nirmal Bang has advised traders to buy Tata Steel on dip with a stoploss of Rs 410. “Buy Tata Steel on dips with stoploss of Rs 410. Resistance is seen at Rs 445 and if it maintains above Rs 445 then next target is Rs 470,” said the technical note. source: Read More..

MUMBAI: Nirmal Bang has advised traders to buy Reliance Industries with stoploss of Rs 2130. “Reliance Industries can be bought with stoploss of Rs 2130. Resistance is seen at Rs 2195. If the stock maintains above Rs 2195 then next target is Rs 2285-2320. And if Reliance trades below …

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It was a bad start to the week. Picking up those negative cues from Asia, markets started selling off through the day, aided by that underlying fatigue seen last week. The High Court ruling against Reliance Industries put heavy pressure on that stock dragging the benchmarks with it. Apart…

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The country’s top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week, with Oil and Natural Gas Corporation (ONGC) losing the most among the pack.The total market valuation of the elite club, comprising four private sector and six state-run companies, …

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NEW DELHI: The stock market recovery may have reached only its half-way mark, but companies’ confidence level for raising funds through sale of shares seems to have already hit a new peak as they have lined up plans to mop up capital in excess of Rs 1,00,000 crore. This include an…

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