MUMBAI: Stocks are likely to open weaker and close on a negative note Thursday, tracking the pullback in US and Asian markets. The stocks to be watch in this market would be: Shares of infrastructure companies are likely to buck any downtrend with the Securities and Exchange Board of Ind…
Stocks to Watch: Tata Motors, Tata Steel, Infosys, Bharti, Swiss Re, Wockhardt
Posted on: May 28th, 2009 and is filed under Stock News.
Govt may deregulate oil prices soon
Posted on: May 28th, 2009 and is filed under Press Releases.
The Government will consider deregulating petrol and diesel prices as also increasing rates of natural gas sold by state firms, said Murli Deora, who began his second term as Petroleum Minister on Friday. “The issue of deregulation is being discussed and it will be put up to the Ca…
Buy Dishman Pharma; target of Rs 213: Emkay Global
Posted on: May 27th, 2009 and is filed under Brokerage Recommendations.
Emkay Global Financial Services has maintained its buy rating on Dishman Pharmaceuticals & Chemicals with a price target of Rs 213, in its report dated May 26, 2009. “Amidst weak global outlook and inventory rationalization, …
Buy Bajaj Auto, target of Rs 1080: Reliance Money
Posted on: May 27th, 2009 and is filed under Brokerage Recommendations.
Reliance Money has recommended a buy rating on Bajaj Auto with a target price of Rs 1080 in its May 27, 2009 research report. “Bajaj Auto Ltd (BAL) reported Q4FY09 results which were in below our expectation. Exports revenue remained sluggish due to weak overseas markets. Forex los…
Reliance Money best equity broking house for 2009: D&B
Posted on: May 27th, 2009 and is filed under Press Releases.
MUMBAI: Anil Dhirubhai Ambani Group firm Reliance Money has been adjudged as the best equity broking house for 2009 by research firm Dun & Bradstreet. Besides, Reliance Money has also bagged the top broker award in the largest e-broking house segment of D&B, the company said in…
US recession to end soon, modest recovery seen: Poll
Posted on: May 27th, 2009 and is filed under Press Releases.
WASHINGTON: The US recession is set to end “soon,” but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed. The survey of 45 professional forecasters released by …
Companies pay higher dividends to boost investor morale
Posted on: May 27th, 2009 and is filed under Stock News.
MUMBAI: Contrary to fears that companies will tighten purse strings to conserve cash in an economic slowdown, a substantial number of them have increased dividend payouts to shareholders, with some of them doing so despite posting flat or lower profits, analysis by ET shows. Data availab…
The big picture for small investors
Posted on: May 27th, 2009 and is filed under Stock Views.
It is a classic dilemma that investors face. Should the immediate concerns weigh so heavy that long-term benefits should be overlooked? Should traders selling a stock, and dragging it down, worry those who have held it for long? If short-term concerns drive down a stock, should the long t…
Stock Markets (SENSEX) Could Go To 10000-12000 Levels Back – Marc Faber Opines
Posted on: May 27th, 2009 and is filed under Market Outlook.
Marc Faber, Editor and Publisher of The Gloom, Boom & Doom Report, said he saw a correction of 25-30% in equities and that he expected the Sensex to retest 10000-12000 levels. Markets will correct as it becomes evident that the economic recovery is not as rapid as expected. The US F…
Stocks in news: Bharti, ITC, United Breweries, Rel Power
Posted on: May 27th, 2009 and is filed under Stock News.
Mint Exclusive: YC Deveshwar says: -ITC to shut down all production lines to introduce pictorial warnings -Shutdown of production lines in a phased manner -We are not ready yet with our new packets Bajaj Auto – Patent Case: -Bajaj Auto appeals at Madras HC to put a stay on judg…
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