Mounting bad news takes a toll on Sun TV’s stock, but analysts say company’s fundamentals still remain strong In the past two months, Sun TV has gone through one of its most turbulent periods since inception. Its stock price has see-sawed wildly, largely due to the twin blows of a ne…

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Markets likely to open flat. Support for nifty is at 5610 and resistance at 5700 Buy Siemens Ltd at 912-916, target: 928. Stoploss: 902 – (if entered, book at 930) 9.31am – buy Ranbaxy at 556, target: 561. Stoploss: 551 (trade in small quantity) – (Book profit in Ranba…

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The PE player holds 9.99% stake valued at Rs 2,687 crore. US-based private equity (PE) player Providence Equity Partners is considering an exit from Idea Cellular, the flagship telecom company owned by the Aditya Birla Group. Providence holds 9.99 per cent in Idea Cellular. The stake is …

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Gold prices are likely to hit Rs 25,000 per 10 grams by this Diwali due to rise in demand for the yellow metal as a better investment alternative, analysts said. The European Union’s economic crisis and sluggish market recovery in US is leading to increased investments in silver al…

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The shares of coal mining companies— Coal India and Sesa Goa have plunged more than 8% each after the a 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee on Thursday approved the new Mining Bill. According to Mining Bill coal companies will have to share 26…

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Markets likely to open higher, resistance at 5750 Buy IB Real at 119, Target: 124, SL 115 If Markets show weakness during the day, go short on Tata motors …

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By Ryan Vlastelica NEW YORK (Reuters) – Stocks closed sharply higher and the Nasdaq notched an eighth day of gains on Thursday as improved labor market and retail sales data added to optimism a day before the critical June payrolls report. Equities have been on a tear recently as …

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Markets likely to open flat, support for Nifty at 5600 Buy LT at 1807, Target: 1825, SL 1790 – (book profit at 1825) 11.03am – Buy Lupin at 459.50, target: 466. Stoploss: 454 …

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Markets likely to open flat, Support for Nifty at 5610 Buy Hero Honda at 1895, SL 1880, Target: 1915 – (sl triggered in Hero honda) …

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The Union cabinet is likely to approve disinvestment of five per cent of the government’s equity in state-run equipment company Bharat Heavy Electricals Ltd (BHEL) next week. This is part of the government’s plan to raise Rs 40,000 crore from disinvestment in the current financial yea…

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