WASHINGTON: The global economic recovery has begun but sustaining it will require refocusing the United States toward exports and Asia toward imports, the International Monetary Fund’s chief economist said. In an article released by the IMF on Tuesday, Olivier Blanchard also said p…

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Buy Indian Oil corporation at 569, target: 584. Stoploss: 563. If markets show weakness later during the day, Sell: Bhushan Steel Ltd …

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Japan`s economy grew by 0.9% in the April-June quarter from the previous quarter on the back of improved exports and an increase in private spending After Germany and France, it is now the turn of Japan to pull out of the worst recession in several decades. Data released by the Governmen…

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The intermediate trend is weak despite the net gains last week The market registered net gains while moving inside a relatively narrow range. The Nifty was up 2.2 per cent, closing at 4,580.05 points while the Sensex gained 1.66 per cent at 1,541 points. The Junior was ahead by 2.6 per c…

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Mumbai: McNally Bharat Engineering Company on Monday said it has bagged an order worth Rs 151.50 crore from the state-run power equipments maker Bharat Heavy Electricals Ltd (BHEL) for a coal handling plant. The company has received an order from BHEL, Chennai for design, engineering, er…

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New Delhi: The government has fixed a price of Rs 36 a share for the allotment of shares in the initial public offer of NHPC, thus raising Rs 6,048 crore, of which one-third would go to the Centre as disinvestment proceeds and the rest would remain with the hydro power utility PSU. Accor…

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The Shanghai Composite fell 5.8% to 2870.Nikkei index in Japan fell 3.1% 10,268 and Hang Seng index declined 3.6% to 20,137. Equity markets all over the world are witnessing heavy offloading on Monday. Sell off is not only seen in the Indian markets but in the Asian, European and also th…

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Markets likely to see a gap down opening. If markets show recovery later during the day, Buy Federal Bank & Gujarat State Petronet ltd (GSPL). …

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Alka Securities Limited is a brokerage house with in Institutional and Retail broking. Alka Securities are members of the Bombay Stock Exchange, National Stock Exchange, Multi-Commodity Exchange,and National Commodity Exchange. We are one of the leading players in the Indian …

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For the week, the BSE 30-share Sensex added 1.7% and NSE Nifty added 2.2% during the week. Deficit monsoon and H1N1 virus (Swine Flu) were ignored as the market welcomed upbeat IIP data and the draft of the new Direct Tax Code, especially the scrapping of the STT. On the global front, th…

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