Markets likely to open flat. Nifty has strong resistance at 4700 levels. Buy United Spirits (McDowell) above 1040, target: 1070. Stoploss: 1028 Buy Sterlite Industries India above 670, target: 695. Stoploss: 660 …

Read More..

Washington: The American economy may be heading out of the woods with new government numbers showing signs of easing recession laying the groundwork for growth in the months ahead. But the job market still remains weak with working people haunted by fear of layoffs. A Commerce Department…

Read More..

Buy Tech Mahindra above 860, target: 880. Stoploss: 853 Buy Dr.Reddy’s Laboratories above 835, target: 855. Stoploss: 828 …

Read More..

Heavy short-covering owing to the derivatives expiry today, saw the markets surge towards the end of the day.The Sensex today opened in the red at 15,169 and slipped further to a low of 15,065. The index, however, rebounded on positive global cues. The index soared 345 points from the low…

Read More..

MUMBAI – The recent market rally supported by quarterly earnings, liquidity and global cues is not yet considered as a bull-run but market men Stocks Volatility in the stock markets Measuring market volatility Ten hot money-spinners in India Long term plan for better returns S…

Read More..

MUMBAI: IT financial services solutions vendor Oracle Financial Services Software on Thursday said its consolidated net profit rose by 75.99 per cent to Rs 185.78 crore for the first quarter ended June 30, 2009, over the same period last year. Consolidated total income decreased to Rs 6…

Read More..

MUMBAI: Automobile major Mahindra & Mahindra on Thursday reported a net profit of Rs 400.85 crore in the first quarter ended June 30 against Rs 159.30 crore in the same quarter last year. However, June quarter figures are not comparable with the results of the corresponding period …

Read More..

MUMBAI: Patni Computer Systems, a mid-size IT company, reported better than expected results for the quarter ended June 2009. Growth in volume coupled with significant cost rationalization measures resulted in a quarter-on-quarter growth of 92% in net profit to Rs137 crore. The stock ma…

Read More..

NEW DELHI: Textile player Alok Industries on Thursday reported a jump of 12.91 per cent in its net profit for the first quarter of the fiscal at Rs 32.01 crore as compared to Rs 28.35 crore during the corresponding period last year. The company also reported a rise of 44.47 per cent in …

Read More..

Nifty has strong support at 4380-4400 levels. No momentum calls considering a flat opening and high volatility. If markets show weakness later during the day, Sell: Tata motors Some stocks to watch for breakout: Buy Tech Mahindra above 834, target: 858. Stoploss: 828 Buy Crompton Gr…

Read More..