According to ICICIdirect.com’s report, the Sensex has supports at 8960 and 8880 and resistances at 9100 and 9130. ICICIdirect.com’s report: Indian markets are likely to open.. …

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Technical Analyst, Deepak Mohoni: European markets declined further last night, and the US markets tumbled to close at 6-8 week lows. Asian markets are also down this morning, and the global decline is continuing. We can therefore expect stocks to fall again today. …

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LONDON/NEW YORK (Reuters) – Barack Obama prepared to take office on Tuesday with bank shares tumbling, Japanese consumer sentiment slumping and the car sector teetering, and the new U.S. president has vowed to act quickly on stimulating the economy. The first African-American to be…

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MUMBAI: Reiterating the significance of right timing while investing in equities, Crisil Research has said it expects the stock market to remain range-bound in 2009, after witnessing its sharpest decline in the history of Indian capital market last year. According to a latest Crisil Rese…

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Emkay Global Financial Services has maintained its reduce rating on Bajaj Auto with a target of Rs 435 in its January 19, 2009 research report. “Bajaj Auto’s 3QFY09 standalone numbers were above our expectation. While net sales at Rs 21 billion was in line with our expectation. Ad…

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The new board of Satyam Computer Services today confirmed it received buyout proposals from both Indian and foreign firms besides a favourable response from banks for credit to meet the company’s cash requirements.“All I can say, we have been approached by potential buyers”, boa…

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The Tata group’s joint venture with Sasol of South Africa, and Jindal Steel and Power have pipped Reliance Industries (RIL) and state-run GAIL to the post and got shortlisted for the prestigious $6-8 billion project to convert coal into liquid petroleum.An Inter-Ministerial Group th…

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MUMBAI:The Securities and Exchange Board of India (Sebi) is set to make it mandatory for promoters to report to stock exchanges, if they pledge their shares to raise funds. At the primary market advisory committee meeting held on Monday, there was a consensus that irrespective of the qua…

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MUMBAI: Three months since its buyback programme got underway, real estate major DLF has so far bought back shares only worth Rs 86 crore. The company has allocated Rs 1,100 crore for the buyback scheme, which will close on July 9 this year. Unlike many other companies which stepped up t…

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NEW DELHI: India’s second largest listed real estate developer Unitech on Monday claimed that its debt obligation up to March ’09 has reduced from Rs 2,500 crore to Rs 600 crore on account of repayment and roll over of loans. Of the Rs 600 crore loan, which the company is now …

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