Markets likely to see a gap down opening. If markets show recovery later during the day, buy: Chambal fertilzers and GVK power. Chambal fertilizers has strong support at 46.50-47.. Its near its 200 DMA of 46.80 and has made a double bottom at 47. Stock is also in oversold territory and…

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New Delhi: More than a quarter of India’s districts are facing the threat of drought and the sowing of crops nationally is 20 per cent lower than in the previous year, Finance Minister Pranab Mukherjee said on Tuesday. While many of these districts are not major crop producers, the…

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New Delhi: Oil India Ltd (OIL), the second state-run firm to hit the market with an offering of equity shares this year, may price its IPO that opens on September 7 at Rs 1,000-1,100 a share. OIL is looking at pricing its initial public offering (IPO) at closer to the prevailing share pr…

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By Scott Woolley Emotions can be expensive, especially when you start making investing decisions with your gut instead of your brain. Fortunately, there are ways to avoid–or at least limit–the mistakes that we oh-so-human investors tend to make. Daniel Kahneman won the Nobe…

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Take a fancy to realty, banking & finance, engineering and oil & gas.Initial signs of recovery in world economies, a stable government in New Delhi and the positive impact of its stimulus packages substantially improved the sentiments of foreign institutional investors (FIIs) in…

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Sensex gained 65 points or 0.4% at 15,074 while, Nifty ended higher by 34 points to shut shop at 4,471. Indian markets were back in action on Tuesday snapping a three day losing streak. The NSE Nifty index managed to take support at the 4,398 levels which is close to the 50 Day Moving Av…

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In late February, Robert Prechter of Elliott Wave International said “cover your shorts,” and predicted a sharp rally that would take the S&P into the 1000 to 1100 range. With that prediction having come to pass, Prechter is now saying investors should “step aside&…

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MUMBAI (Reuters) – JSW Energy Ltd, a group firm of steel maker JSW Steel Ltd, plans to file a regulatory application in the next two days for an IPO worth about $600 million, three sources familiar with the deal said on Monday. JSW Energy, which aborted an IPO worth up to $1 billi…

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Markets likely to open flat.. If markets show recovery later during the day, buy: Unitech and Jaiprakash Associates. …

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Buy Larsen and Tubro for a target of 1510. Stoploss: 1460. Buy Indian Oil corporation (IOC) above 557, target: 568. Stoploss: 551 …

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