Markets likely to open flat. Nifty has strong resistance at 4730 and support at 4620. Stocks to watch for breakout: Buy Voltas above 147, target: 153. Stoploss: 144.50 Buy Glenmark Pharma above 276, target: 288. Stoploss: 272. If markets show weakness later during the day, sell: Hinda…

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India’s telecoms regulator TRAI has asked the government not to issue new licences until it decides whether there is a need for more players in the crowded market, a move that could further delay entry of firms such as ATandT. The Telecoms Regulatory Authority of India (TRAI) has a…

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Sell Bharat forge at 242.50, target: 233. Strict stoploss: 246 Buy ACC above 909, target: 925. Stoploss: 900 …

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MUMBAI: Benchmarks remained subdued Tuesday as traders lacked buying confidence after a sharp upmove in last session. Profit booking in Asian markets also dented sentiments. At 12:15 pm, Bombay Stock Exchange’s Sensex was at 15883.07, down 41.16 points or 0.26 per cent. The index touc…

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Buy Sterlite industries at 672, target: 684. Stoploss: 667 If markets show weakness later during the day, Sell: Mercator Lines. Stocks to watch for breakouts – Buy Voltas above 147, target: 153. Stoploss: 145. Please trade in small quantity today. …

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he International Monetary Fund may be predicting a gradual economic recovery for the U.S. but there’s nothing gradual about the way stocks are rallying. The Dow Jones Industrial Average just capped its best monthly gain since 2002 and the S&P 500’s rallied more than 12% s…

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A renewed buying interest at the start of the August series, coupled with short-covering owing to July futures & options expiry, boosted the markets towards the end of the week.Earlier in the week, the markets had exhibited a lacklustre movement. The Sensex, after moving in a narrow …

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MUMBAI: Adani Power has priced its initial public offer (IPO) at Rs 100 per share, and the shares are likely to be listed on the stock exchanges around August 20. The IPO will help the company raise Rs 3,016 crore… Peer comparison BOOK VALUE PRICE TO BOOK RATIO FY 10 …

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The markets will either consolidate at current levels or rise till targets in the 4,900-5,000 level are hit. A very high volume settlement ended with an upwards breakout. The carryover pattern was excellent and FIIs are back in the thick of action. Index strategies Very high volumes wer…

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NEW DELHI: With an increased risk appetite, global investors poured in over USD one billion in equity funds focused on the Asian economies in the fourth week of July and India alone received $211 million. With the Indian equity market touching a 13-month high level last week, flows into…

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