Quotes with Resistance & Support
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Traders create fresh Nifty long positions

Posted on: December 11th, 2008 and is filed under Stock News.

The Nifty closed on Wednesday at 2,928.25, much above the resistance level of 2,850, on the back of buying in Reliance Industries and select blue chips. However, the Nifty closed the day almost near its technical resistance level. Hence, there is a possibility of a trend-line reversal. Th…

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FIIs net buyers of Rs 951cr in cash mkt today

Posted on: December 11th, 2008 and is filed under Stock News.

Foreign institutional investors (FIIs) were net buyers of Rs 950.65 crore (provisional) today, according to data released by BSE. While FIIs made gross purchases of Rs 2,603.96 crore, gross sales totalled Rs 1,653.31 crore. …

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FIIs net buyers of Rs 951cr in cash mkt on 10-12-08

Posted on: December 10th, 2008 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 950.65 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,603.96 crore, gross sales totalled Rs 1,653.31 crore. …

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Terror casts shadow on RIL’s KG-D6 work

Posted on: December 10th, 2008 and is filed under Market Outlook.

The Mumbai terror attacks may derail Reliance Industries’ (RIL) plans to start natural gas production from its eastern offshore D6 field from January 2009, as several ex-pats have refused to return to India citing safety reasons. The gigantic $5.2 billion project that may almost wi…

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Bulls will look to extend gains

Posted on: December 10th, 2008 and is filed under Market News.

Indian market would look to extend gains atleast in the morning trades. However, profit booking cannot be ruled out at higher levels. Indian markets ended at day’s high in a rally propelled by heavy buying in the index pivotal like Reliance Industries, DLF and Tata Steel. Buying was…

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Kotak Securities launches ‘Smart Order ‘

Posted on: December 10th, 2008 and is filed under Market Outlook.

MUMBAI: Kotak Securities on Wednesday launched a new service styled as Smart Order which will help clients buy and sell stocks at the best possible rates from either of the stock exchanges – BSE or NSE. Once a customer selects Smart Order to buy or sell, it executes the order at the be…

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FIIs net buyers of Rs 951cr in cash mkt on 10-12-08

Posted on: December 10th, 2008 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 950.65 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,603.96 crore, gross sales totalled Rs 1,653.31 crore. …

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GMR Holdings hikes stake in parent co up to 74 pc

Posted on: December 10th, 2008 and is filed under Stock News.

MUMBAI: GMR Holdings Pvt Ltd, one of the promoter group companies, has hiked its stake in the parent company – GMR Infrastructure – by purchasing 23.7 lakh equity shares of from the open market. GMR Holdings has now 73.56 per cent stake with 1,33,94,33,610 shares of Rs 2 each…

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Rally continues unabated; RIL, DLF lead

Posted on: December 10th, 2008 and is filed under Market News.

MUMBAI: Equities continued their upmove on the back of brisk buying across sectors. Realty and metal counters fronted the rally. At 3 pm, Bombay Stock Exchange’s Sensex climbed 4.67 per cent or 428.18 points at 9,590.80. The index touched a high of 9,619.36 and low of 9,280.16 in tr…

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Buy Karuturi Global – 105% returns as on 26-01-10

Posted on: December 9th, 2008 and is filed under Investment Ideas.

CALL CLOSED (LONG TERM INVESTORS – HOLD IT) – Buy Karuturi Global around Rs.10, Current market price: 11.70. Long term target: 24. Karuturi Global is the world’s largest producer of roses, cultivating 585 million stems per annum. Boasts over a decade of experience in r…

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