MUMBAI: India Infoline has advised traders to buy Grasim for target of Rs 2570. “On the daily chart, Grasim has formed a bullish Price channel. In the above pattern, the stock slopes up and is bound by an upper and lower trend line. The upper trend line marks resistance and the lower …

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MUMBAI: Finquest Securities has advised traders to buy DLF above Rs 275 for target of Rs 290-300. “After testing the low of Rs 259, DLF bounced back to form a Doji for the day. Further it is also testing the lower band of the falling channel. A breach of immediate resistance at Rs 375…

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The company has secured an order for the main plant package for an upcoming Thermal Power Project in Jharkhand. BHEL has secured an order for the main plant package for an upcoming Thermal Power Project (TPP) in Jharkhand, involving one new-rating unit of 270 MW. Valued at nearly Rs6.4b…

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MUMBAI: Finquest Securities has advised traders to buy ONGC on dips for target of Rs 1040-1060. “ONGC is testing its rising testing drawn across prior bottoms of Rs 637 (5 Mar) and Rs 802 (15 May). As long as the rising trend line holds true, ONGC can edge higher towards Rs 1040/1060…

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Buy Bank of India at 312, target: 324. Stoploss: 309 Buy Ashok Leyland at 32, target: 34.50. Stoploss: 31.10 …

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WASHINGTON (AP) — The economy in 2016 will look like the one from 2008, according to a report the White House’s economic team released Monday. The Council of Economic Advisers predicted jobs providing health care and helping the environment were likely to grow more quickly th…

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NEW YORK (AP) — Investors are betting that strength in banks will flow to the rest of the economy. Rising financial stocks are pulling the market higher Monday after an influential banking analyst raised her rating on Goldman Sachs Group Inc., which reports earnings Tuesday. Analys…

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KRChoksey has maintained its buy rating on Infosys Technologies with a revised price target of Rs 1824 in its report dated June 10, 2009. “Infosys Technologies Q1FY10 net profit at Rs 1,302 crore was 13.2% higher than guidance of Rs 1,349 crore and well above street estimates. This…

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Karvy Stock Broking has maintained its buy rating on Jubilant Organosys, with a price target of Rs 210, in its report dated July 13, 2009. “Jubilant Organosys has set a goal to grow its revenue and profit by 1.5x and 2x respectively in the next three years which will be on back of …

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Sharekhan has maintained its hold rating on Infosys Technologies with a revised price target of Rs 1,880 in its report dated July 10, 2009. “For Q1FY2010, Infosys Technologies (Infosys)’ consolidated revenues declined by 2.9% sequentially to Rs 5,472 crore. In dollar terms, the r…

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