Quotes with Resistance & Support
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Stocks to watch: Tata Tea, DLF, United Breweries

Posted on: March 24th, 2009 and is filed under Stock Views.

MUMBAI: Stocks are headed for a northward journey for a second straight day Tuesday buoyed by the euphoric sentiment across global markets as a US plan to get rid of the bad assets in the banking sector sparked hopes for stability in the financial system. …

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Does Nano launch make Tata Motors a buy?

Posted on: March 23rd, 2009 and is filed under Press Releases.

he wait for the Nano is finally over with Tata Motors announcing that the much awaited people’s car will make its commercial debut on Monday. However, what investors in Tata Motors are anxious to know is if the launch will lift the stock since it has fallen over 75% from the 52-week…

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Nifty rallies above 2900 led by RIL, HDFC

Posted on: March 23rd, 2009 and is filed under Market News.

MUMBAI: Bears were caught off guard as Indian equity benchmarks rallied Monday mirroring Asian and European markets. Banks, oil&gas and metal stocks were in the limelight while realty space ended with modest gains. …

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Gold is the next bubble

Posted on: March 23rd, 2009 and is filed under Press Releases.

The world over, air has whooshed out of bubbles in stocks, crude oil, metals and real estate. But before recovery comes, another bubble needs to burst: the bubble in gold prices. Around $950 per ounce, gold is still close to its all-time high of March last year, when it closed at $1,002 p…

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Tata Nano tanks up for road test challenge

Posted on: March 23rd, 2009 and is filed under Press Releases.

NEW DELHI: Capping a journey full of admiration but not bereft of controversies, the Tata Nano is all set to steer India into automotive history. The small yet innovative carrevered for its tag of being the worlds cheapest is ready to fuel up, promising an affordable and comfortable vehic…

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Twenty20 to Zero: IPL out of India

Posted on: March 23rd, 2009 and is filed under Press Releases.

MUMBAI: The stand-off between the Board of Control for Cricket in India (BCCI) and the Congress-led UPA government over the second season of the Indian Premier League (IPL) reached a flashpoint on Sunday, with BCCI announcing that the highly-popular 20-20 tournament will be played outside…

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Next: BOLT from BSE on NSE NOW!

Posted on: March 23rd, 2009 and is filed under Market News.

Mumbai: Like in politics, there are no permanent enemies or permanent friends in the stock exchange business. Faced with a threat from Financial Technologies and its upcoming stock exchange, the two leading stock exchanges in the country — the National Stock Exchange (NSE) and the B…

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HSBC cuts target price of L&T, cautious on FY10 outlook

Posted on: March 23rd, 2009 and is filed under Stock Views.

MUMBAI: HSBC has maintained neutral rating on Larsen & Toubro Ltd while cutting the revenue estimates. “We maintain our cautious FY10 outlook on order accretion with FY11 to he driven by new business segment. In the interim, infrastructure and power projects should help with new o…

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Stocks to open higher on positive global cues

Posted on: March 23rd, 2009 and is filed under Market Outlook.

MUMBAI: Stocks are likely to remain rangebound on Monday in the run-up to the March series F&O expiry later this week. Given that Asian markets are trading with strength, the Indian bourses should start trade on a positive note. …

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Top 10 cos add Rs 37k cr in a week; ONGC leads gain

Posted on: March 22nd, 2009 and is filed under Press Releases.

MUMBAI: The country’s 10 most valued firms continued their gaining streak by adding over Rs 37,000 crore to their market capitalisation last week, with the state-run ONGC accounting for over one-third of the total gain. …

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