MUMBAI: Arihant Capital Markets is bullish on Petronet LNG and has recommended traders to buy the stock for target of Rs 65. “The 14 days moving average of Petronet LNG is at Rs 51. On the daily charts, the stock is in buy on RSI and its 14-days RSI is currently at Rs 89 (above 50 is c…

Read More..

There’s no stopping the Indian equity markets right now, it appears. Last week, stocks further extended their winning streak and the benchmark BSE Sensex gained nearly 500 points or 4.2% in five trading sessions ending May 8. The rally continues to be broadbased as in the previous …

Read More..

IPL 2009 Live, Ipl 2 live. Hyderabad vs Mohail Kings XI Punjab, Rajasthan Royals, Mumbai Indian, Kolkata Knight Riders,Bangalore Royal,Deccan Chargers,Delhi Daredevils,Chennai Super Kings,Kings XI Punjab. IPL 2 standings, latest updates, buzzing news…Visit Read More..

For the week, the benchmark Sensex advanced 4.4% to close at 11,876 and Nifty added 4.5% to shut shop at 3,620. The stress seemed to have drained out for some time as the benchmark Sensex breached the 12k levels for the first time since October ‘08 registering its ninth consecutive wee…

Read More..

Market regulator SEBI is clamping down on the practice of ‘hollow’ buyback offers, which see companies make buyback announcements and lift share prices, but buy little or no shares. SEBI has issued informal guidelines to investment banks that manage buyback issues. These norms could s…

Read More..

CMP: Rs 232.90 Target price: Rs 278 CLSA has assigned an ‘outperform’ rating to fast-moving consumer goods firm HUL, citing attractive valuations as the key reason. HUL’s 2-6-percentage points market share loss across categories is worrisome. However, our analysis highlights that th…

Read More..

Emkay Global Financial Services has maintained its sell rating on Bharati Shipyard with a target price of Rs 79 in its May 08, 2009 research report. “Bharati Shipyard (BSL) has acquired 14.9% shares @ Rs 315 in Great Offshore (GOL) pledged with itself against a loan of Rs 2000 mill…

Read More..

NEW YORK (Reuters) – U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy. …

Read More..

WASHINGTON (AP) — The pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent, the highest since late 1983, as many businesses remain wary of hiring given …

Read More..

Sensex may have gained 58% from its one-year low but did you know that over 400 companies have more than doubled their share prices from one-year lows? As many as 20 largecaps such as RIL, SAIL, M&M , Sterlite, ICICI Bank and 30 mid-caps …

Read More..