MUMBAI: The stock market is riding a global rally and is hoping a major party wins a strong hand at coming elections, but could be beaten back if a fractious group of parties including Communists gains influence at the polls. …

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Sharekhan has maintained its buy rating on Jindal Saw with a price target of Rs 476 in its March 31, 2009 research report. “Jindal Saw Ltd’s (JSL) Q4CY2008 numbers are ahead of our expectations on the back of an exceptionally strong top line. With the hive-off of the US division, …

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MUMBAI: Mutual funds industry is sitting on a volcano as 75-80 per cent of its assets are short-term while it resorts to long-term lending to corporates, creating an asset-liability mismatch. “This is a dangerous situation,” warns UTI MF’s Chairman, U K Sinha, highlighti…

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MUMBAI: Sharekhan has maintained ‘Buy’ call on Jindal Saw and revised its target to Rs 476 per share which turns out to be over 165 per cent upside from current market price of Rs 179. The brokerage says, “The order inflows have been slower for all pipe makers in the last few months…

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MUMBAI: Logistics firm Gati Ltd said on Wednesday it has acquired 26.01 per cent in trucking company Kausar India Ltd, taking Gati’s stake to 99.73 per cent. …

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After staging a strong come back on Tuesday, Indian markets would look to carry the momentum atleast in the opening trades , provided global cues give some way. However, volatility would be the order of the day. …

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Here are stocks that are in news today: Wockhardt -To refer company to CDR cell for financial restructuring through ICICI Bank –Annual audit for year ended 2008 to be completed by April 25, 2009 -Alert: Wockhardt’s debt equity ratio at 2.3x as on December …

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NEW YORK (Reuters) – U.S. stocks rose on Tuesday, with the market poised for its best month in six years, as positive news from European financial institutions lifted bank shares and a broker upgrade for Microsoft (NasdaqGS:MSFT – News) helped lift tech …

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Prabhudas Lilladher has recommended an accumulate rating on Bharti Airtel with a price target of Rs 792 in its March 31, 2009 research report. “Bharti Airtel highlighted the pullout of freebies by Rcom in the first 90 days of their launch & sighted reasons that such freebies is…

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Motilal Oswal has maintained its neutral rating on Idea Cellular in its March 26, 2009 research report. “Idea is highly leveraged to mobile RPM movements given lower margins (PAT margin of 8% v/s 22-25% for Bharti and RCOM) and no significant non-wireless business. …

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