Sluggish market, inflation take toll; BofA-ML survey finds optimism on global growth. The slowing reforms, lack of enough government spending and high inflation have hit investment sentiment in the country. Foreign institutional investors (FIIs) have increased their underweight (bearish…

Read More..

Tata Steel today said it has raised Rs 507.82 crore through allotment of about 83 lakh shares to a clutch of anchor investors at the upper end of price band of its public offer, which is open for subscription. “Committee of the board of directors of the company by a resolution date…

Read More..

Markets likely to open flat, support for Nifty at at 5640, resistance at 5860 Buy Petronet at 130, Target: 135, SL 126 If Markets shows some weakness during the day, go short on ABGSHIP for a target of 362 – (book profits at 364.50) Read More..

Markets likely to open flat, support for Nifty at Strong support for Nifty at 5640, resistance at 5860 Buy Bharat Forge at 350, Target: 358, SL 343 Nifty Index/Future Live Chart with RSI and MACD – Click t…

Read More..

State-owned Indian Oil Corp, the nation’s largest fuel retailer, today said it is losing Rs 1.22 per litre on petrol despite last week’s Rs 2.50 a litre hike in prices, as crude oil rules at two-year high levels. “Based on current price levels in the international oil m…

Read More..

Markets likely to see a flat opening. Support for nifty is at 5630 and resistance at 5700 Buy Hindustan Zinc at 1345-1350, target: 1374. Stoploss: 1330 (Book profits at 1370) Trade in small quantity. Nifty Inde…

Read More..

MUMBAI: The Rs 4,279-crore that the foreign institutional investors (FIIs) have taken out from the stock market in the last ten sessions, is sending jitters down the spine of local investors, who now fear the pace of outflow could pick up further. Institutional dealers said the nearly $1…

Read More..

The markets continue to trade in the red on back of weak global cues and selling pressure in rate sensitives ahead of the headline inflation data for the month of December expected at noon today. The S&P CNX Nifty was down 27 points, at 5725 and the Sensex fell 84 points, at 19,098. …

Read More..

Markets likely to open flat, Strong support for Nifty at 5700, resistance at 5860 Buy Nelcast at 111, Target: 116, SL 107 (book at 118) 12.09pm – buy sbi at 2568 target: 2590. Stoploss: 2545 Nifty Index/F…

Read More..

Infosys Technologies’ weaker-than-expected results sparked concerns over growth rates of India’s showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility. Shares in India’s second largest software exporter fell more…

Read More..