Indraprastha Gas Ltd (IGL) tanked 46% to Rs 188 after the Petroleum and Natural Gas Regulatory Board (PNGRB) has directed IGL to reduce prices for Delhi consumers with effect from on Monday after factoring in the reduction in both network rates (levied on CNG, PNG and industrial consumers…

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Markets likely to open flat. Support for nifty is at 5190. Buy Indiabulls Financial Services Ltd at 211.50, target: 219. Stoploss: 205 – (Book profit in Indiabulls at 218) 10.47am – Buy BGR Energy at 367, target: 374. Stoploss: 362 – (Exit BGR if breaks 361. Short ter…

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Oil and Natural Gas Corporation (ONGC) says its joint venture (JV) company has won a third of the estimated $3-billion global contract to clean the 60 million cubic metres of Kuwait contaminated by the huge oil spills that were a legacy of the retreating Iraqi armies in 1991. Sudhir Vasu…

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Markets likely to open lower. Support for nifty is at 5275. Buy PTC India on dips near 66-66.50, target: 69. Stoploss: 64. Buy Rushil decor on dips near 222, target: 230. Stoploss: 217 Trade in small quantities …

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Trading members are requested to take note that the following 49 companies have failed to comply with various provisions of the Listing Agreement upto quarters ended June 2011. Sr. No. Scrip Code Company Name 1 506267 Assam Petrochemicals Ltd 2 532645 Beeyu Overseas Ltd 3 526652 Cals…

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The Subhash Chandra-promoted Essel Group has raised its stake in IVRCL to 12.27 per cent by purchasing an additional 2.08 per cent stake from the open market, upping the ante for the battle to gain control over the Hyderabad-based infrastructure firm. The Essel Group now owns more stake …

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Markets likely to open slightly lower. Support for nifty is at 5300. If markets show recovery later during the day, buy: Orchid Chemicals. I am currently travelling and won’t be able to respond to queries till late afternoon …

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Ashok Leyland: Ashok leyland has given a breakout above 30.50 levels. in short term its likely to head upto 34-35 levels. Dr.Reddy Laboratories: Dr.Reddy has given a triple top breakout above 1700 levels. in Short term can head upto 1800. Exide Industries: Exide Industries is facin…

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Markets likely to open a bit higher. Support for nifty is at 5300 and resistance at 5380 Buy Dr Reddys Laboratories at 1740, target: 1755-1760. Stoploss: 1722 – (opened at target) 10.09am – Book profit in LT at 1355 10.42am – Buy Divis lab at 770, target: 785. Stoplos…

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Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its…

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