New Delhi: India’s crucial monsoon rains were 50 per cent below average in the past week, the weather office said on Thursday, a second week of scant rain and confirmation the four-month season has got off to a slow start. But experts said there was no urgent cause for concern, wit…

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Markets slump in afternoon deals lead by financials as hopes of a rate cut remains elusive after WPI inflation data. May WPI inflation stood at 7.55%. At 12:10, the BSE Sensex was down 103 points at 16,778 and the Nifty lost 33 points at 5,088. The Sensex touched an intra-day low of 16,76…

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Markets likely to open slightly lower. Support for nifty is at 5090 and resistance at 5160 Buy Glodyne Technoserve at 381, target: 390. Stoploss: 375 -Trade in small quantity – (book profit at 395) 3.21pm – Book profit in 5000pe at 77 Inflation data to be out today …

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The total value of shares pledged by Indian promoters as a percentage of the market capitalisation (m-cap) of their companies has fallen to its lowest level since March 2009, indicating promoters of some large groups have revoked their shares. In the January-March quarter this year, 806 …

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Markets likely to open flat. Support for nifty is at 5070 and resistance at 5160 Buy Bharti Airtel at 308.80, target: 315. Stoploss: 302.50 – (Exit Bharti airtel if breaks 306.50) …

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New Delhi: India’s industrial output growth almost stalled in April compared with a year earlier, reinforcing expectations the RBI will cut rates next week to try to combat a slowdown in the economy. The government data showed that the output rose just 0.1 per cent in April, lower t…

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Markets likely to open a bit lower. Support for nifty is at 4990 and resistance at 5130 Buy Jyothy Laboratories at 221, target: 229. Stoploss: 216 1.16pm – Buy 5000 pe at 66, target: 82. Stoploss: 5125 (spot) – (continue to hold on to the 5000pe for 1-2 days) IIP data for J…

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Markets likely to open higher. Resistance for nifty is at 5160 and support at 5990 Buy Pantaloon Retail at 167, target: 174. Stoploss: 163 – (book profit in Pantaloon at 172-172.50) 3.05pm – buy 5000 pe at 67.50, target: 83. Stoploss: 5130 (spot) – (Book profit in 5000…

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Markets likely to open flat. Support for nifty is at 5000 and resistance at 5065 Buy Bhushan Steel at 451-453, target: 462. Stoploss: 446 – (Continue to hold Bhushan steel till Monday) …

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Younger companies such as technology majors Infosys and Wipro and mining firm Sesa Goa have created more value for their shareholders in the past two decades than what Reliance Industries has done since 1977. An investment worth Rs 1,000 in Reliance Industries’ initial public offer (IP…

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