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Thinksoft Global Services – IPO: Avoid

Posted on: September 22nd, 2009 and is filed under Stock Views.

Investors can avoid the initial public offering of Thinksoft Global Services, a software testing company, given the concerns that surround its performance and global trends in the IT deal landscape. Its niche offerings may also force it to rely on a smaller universe of clients. At the up…

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Pipavav Shipyard IPO fully subscribed

Posted on: September 22nd, 2009 and is filed under Press Releases.

Mumbai: The initial public offer ( IPO) of the private sector shipbuilder, Pipavav Shipyard, on Wednesday got fully subscribed in the very first hour of its first day of subscription. Pipavav Shipyard, which expects to raise as much as Rs 513 crore through its public offer, received bids …

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Intraday calls for 22-09-09

Buy Jaiprakash associates at 258, target: 268. Stoploss: 254 Stock to watch for breakout: Buy Adlabs above 371, target: 384. Stoploss: 367 3.00 PM – BTST – BUY INDIAINFO AT CMP 149 TARGET 157. SL 145 …

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MFs invest Rs 40,246 cr in blue-chip companies

Posted on: September 20th, 2009 and is filed under Stock News.

NEW DELHI: Money managers handling mutual funds are playing it safe and betting on the top 10 stocks in the bourses, ensuring that their funds perform in line with the overall market. In fact, these blue-chip companies are attracting 28% of mutual fund investment in the equity market. A…

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Ramzan Id… BSE, NSE closed on Monday

Posted on: September 20th, 2009 and is filed under Market News.

On Friday, Sensex gained 30 points to end at 16,741 while Nifty added 10 points to shut shop at 4,976. The market will have a much needed rest due to an extended weekend on account of Ramzan Id. On Friday, the BSE Sensex gained 30 points or 0.12% at 16,741 after touching a high of 16,76…

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This IPO will be game-changer for shipyard industry: Pipavav

Posted on: September 19th, 2009 and is filed under Stock News.

ET: The initial public offer of India’s largest dockyard Pipavav Shipyard was oversubscribed by 8.24 times with the retail segment getting oversubscribed by two times on Friday the day of the closing. Data with the stock exchanges shows that the QIB segment was subscribed 10.63 times, …

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Recession made IT majors rethink biz models: KPMG

Posted on: September 18th, 2009 and is filed under Press Releases.

The preceding economic recession has led corporates and IT majors rethink and redesign business models for further improvement in terms of impact on organisational performance through better alignment from the planning stage, a survey by leading auditing firm KPMG said. The report, title…

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Dull market…Sensex manages modest gains

Posted on: September 18th, 2009 and is filed under Market News.

Sensex gained 20 points or 0.12% at 16,731 while, Nifty gained 10 points to shut shop at 4,976. The BSE Sensex gained 30 points or 0.2% at 16,741 after touching a high of 16,765 and a low of 16,610. The index opened at 16,650 against the previous close of 16,711. The NSE Nifty gained 10 …

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‘Current market rally’s not a sustained recovery’

Posted on: September 18th, 2009 and is filed under Market Outlook.

By invite: Manish Chokhani:- The current hype over ‘green shoots’ and the prevailing investor complacency due to abundance of liquidity tend to disguise a darker economic reality. The world economy and markets are merely rebounding after falling off a cliff; a bounce, therefore, shoul…

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Intraday calls for 18-09-09

Buy Balrampur Chini above 129, target: 136. Stoploss: 126 Stock to watch for breakout: Buy Bharti Airtel above 440, target 452. Stoploss: 436 12.30PM – BUY KESORAM INDUSTRIES AT CMP 385 TARGET 392.SL 381 …

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