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Stocks in news: Satyam, Tata Motors, DLF, RIL, Novartis

Posted on: March 27th, 2009 and is filed under Stock News.

Here are stocks that are expected to remain in news today: Satyam – Exclusive -Sources say Spice Corp may send fresh letter to Satyam board -Spice Corp will start due diligence once Satyam replies to queries: Sources. …

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Akruti City tanks 55%, stock now out of F&O

Posted on: March 26th, 2009 and is filed under Stock News.

Akruti City tanked heavily today. The stock from a hgih of Rs 1,948, nose-dived to a low of Rs 670 – down 65.6% from the day’s high.The stock eventually ended with a huge loss of 55% at Rs 819. The counter witnessed relatively huge volumes of around 42.55 lakh shares on the BS…

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Market soars on F&O expiry

Posted on: March 26th, 2009 and is filed under Market News.

MUMBAI: Sustained broad-based buying helped key indices scale psychological levels Thursday – the last day of the derivatives contracts expiry for March series. Capital goods and metal stocks fronted the rally, followed by power and banking stocks. …

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More upside than downside risk for stocks

Posted on: March 25th, 2009 and is filed under Market News.

MUMBAI: The Indian stock markets have rallied nearly 30 per cent from the lows of October 2008. The global stocks have rallied strongly in the Dalal Street past few days, but such rallies are typical of a bear market. …

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Stocks in news: Satyam, HDFC, Idea, Maruti, Firstsource

Posted on: March 25th, 2009 and is filed under Stock News.

Satyam -Sources say: Company paid arrears to eligible employees between February 23-24 -Company says submitted letters to SEBI, US SEC detailing bidding process. …

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Short-term traders swing into profits

Posted on: March 24th, 2009 and is filed under Market News.

NEW DELHI: Short-term traders, better known as swing traders, are now calling the shots at Dalal Street. With stock market witnessing sharp rallies — up and down — not only swing traders but also smart investors are resorting to only short-term trading to make money in the stock marke…

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Satyam defers joining dates of 9,000 freshers

Posted on: March 24th, 2009 and is filed under Press Releases.

Citing global economic slowdown as one of the reasons, Satyam Computer has deferred the joining dates of 9,000 freshers to whom the company had issued offer letters.”The joining dates of around 9,000 students of the 2007-2008 batch, who were given the offer letters during December 2…

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Nifty ends near 3000: Beginning of rally or end of it?

Posted on: March 24th, 2009 and is filed under Market Outlook.

The benchmark indices ended marginally weak after giving up all the gains in the last half an hour of the trade. Both the indices started on a strong note following positive Asian markets and rally in US markets. The Sensex closed at 9,402, down 21 points and the Nifty ended at 2,938 down…

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MCX, BSE in talks for cross-holding, technology sharing

Posted on: March 24th, 2009 and is filed under Press Releases.

NEW DELHI: The country’s top stock exchange BSE and its counterpart in commodity trading MCX have initiated a dialogue to explore a tie-up entailing sharing of technology to (rpt) cross-holding to gain global markets. …

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Nifty crosses 3000 mark; banks, realty front rally

Posted on: March 24th, 2009 and is filed under Market News.

MUMBAI: Stocks extended gains for the second consecutive session on Tuesday as global markets found some relief in the US plan to get rid of the bad assets in the banking sector, which sparked hopes for stability in the financial system. …

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