Buy Bajaj Auto at 1491, target: 1515, SL 1475 – (SL triggered) Nifty has support at 5980 and resistance at 6100 – …

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Mahindra Satyam (formerly Satyam Computer) today reported a consolidated loss of Rs 124.60 crore for year ended March 2010, a far better show from the previous fiscal when it had plunged into a deep crisis after founder B Ramalinga Raju admitted to multi-crore rupee scam. Helped by a sha…

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Pulling up officials of the Central and state governments for giving clearance and consent to Sterlite Industries (India) Limited without following the mandatory provisions of law, the Madras high court on Tuesday ordered the immediate closure of its copper smelting plant in Thoothukudi. …

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Markets likely to open slightly higher. Support for nifty is at 5980 and resistance at 6100 Buy BF Utilities Ltd at 1102.60, target: 1130. Stoploss: 1075 – (Book profits at 1130) …

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Markets likely to see a flat opening. Support for nifty is at 6000 and resistance at 6080 If markets show weakness later during the day, sell Wipro with stoploss at 455 – (book profits at 440) …

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The practice of companies planting reports in the media ahead of initial public offers (IPOs) has come under the scanner of the Securities and Exchange Board of India (Sebi). It has asked investment bankers to stop issuers from leaking information that is not included in the draft prospec…

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Markets likely to open higher. Resistance for nifty is at 6100 and support at 6000. Buy Omnitech Infosolutions Ltd at 263.90, target: 271. Stoploss: 257 – (book profits at 272) Buy Surya Roshni Ltd at 106.65, target: 111. Stoploss: 103 – (if possible continue to hold for 1-2…

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Drug maker Aanjaneya Lifecare Ltd plans to tap the capital market for raising funds to finance its expansion projects and has filed the draft papers with the Sebi for its IPO. The Mumbai-based company is also considering a pre-IPO placement of up to Rs 30 crore with certain investors, as…

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Markets likely to open flat. Nifty has support at 5930 and resistance at 6050 Buy Orchid Chemicals & Pharmaceuticals Ltd at 205-208, target: 214. Stoploss:199 Trade in small quantities 9.23am – Book profit in Tube investments at 148 …

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RIL & Oberois to have equal shares, post-rights. Reliance Industries Ltd (RIL) and the Oberoi family will increase their shareholding in East India Hotels by buying the unsubscribed portion of a Rs 1,300-crore rights issue, which was cleared by the hotel major’s board today. EIH h…

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