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Intraday tips for 7 July 2009 Tuesday Intraday calls free
Posted on: July 6th, 2009 and is filed under free intraday tips.
Markets unhappy with Budget…Sensex plunges
Posted on: July 6th, 2009 and is filed under Market News.
Sensex plunged 870 points or 5.8% at 14,043 while, Nifty plummeted 258 points or 5.8% to shut shop at 4,166. Indian markets ended with a deeper dent on Monday as the Union Budget failed to meet expectations. The BSE Sensex posted its worst performance on a Budget day in over a decade and…
Tax sops, more funds for welfare, infrastructure in budget
Posted on: July 6th, 2009 and is filed under Press Releases.
NEW DELHI: Promising to halve poverty by 2014 and add 12 million jobs each year, Finance Minister Pranab Mukherjee presented India’s budget for Budget this fiscal that hikes income tax exemption limit and steps up allocations for welfare schemes and infrastructure, while assuring hi…
Intraday calls for 06-07-09
Posted on: July 6th, 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Buy Edserv Softsytems at 40, target: 42.50. Stoploss: 39.20 Buy IDFC at 145, target: 152. Stoploss: 142 If markets show weakness later during the day, sell: Austral Coke below 263 with a stoploss at 267 …
R-Cap exits RIL; sells Rs 130 cr worth shares
Posted on: July 6th, 2009 and is filed under Stock News.
Anil Ambani group firm Reliance Capital (R-Cap) has exited Mukesh Ambani-led Reliance Industries (RIL) by offloading an investment worth Rs 129.88 crore in the shares of the country’s most valued firm. However, R-Cap continues to hold a little over 1 per cent stake in another Mukesh…
FIIs turn bullish on Indian mkts; invest Rs 30K cr in Q1
Posted on: July 5th, 2009 and is filed under Market News.
NEW DELHI: Foreign institutional investors poured Rs 30,455 crore into the stock market in the first quarter of the current fiscal, as analysts said they were reassured of India’s growth prospects. Overseas investors were the net buyers in the Indian stocks to the tune of Rs 30,45…
Wkly Tech Analysis: Sensex rally seen beyond 15,100
Posted on: July 5th, 2009 and is filed under Market Outlook.
The market exhibited high level of volatility in intra-day trades during the week. The Sensex, after slipping in first half of the week, recovered towards the end on positive vibes from the Economic Survey and the Railway Budget. The index finally closed the week with a gain of 148 points…
Resistance likely above 4,700
Posted on: July 5th, 2009 and is filed under Market Outlook.
The market discounted weak global cues and surged ahead of the Union Budget on Monday. Index heavyweights Reliance Industries, ICICI Bank, HDFC and Larsen & Toubro led the 1.75 per cent gains in BSE Sensex & SP CNX Nifty. The Nifty cleared the resistance level of 4,350 to close …
Buy Unitech: Indiabulls Securities
Posted on: July 3rd, 2009 and is filed under Brokerage Recommendations.
Indiabulls Securities Research has upgraded its rating on Unitech from hold to buy in its July 01, 2009 report. “Unitech’s stock is currently trading at a 19.8% discount to our NAV of Rs 103. We believe that the stock has a long-term upside potential, primarily due to the increas…
No global scare…Nifty ends above 4,400
Posted on: July 3rd, 2009 and is filed under Market News.
Sensex surged 257 points at 14,915 while, Nifty surged 75 points or 1.8% to shut shop at 4,424. The BSE Sensex surged 257 points at 14,915 after touching a high of 14,946 and a low of 14,499. The index had opened at 14,553 against the previous close of 14,658. The NSE Nifty surged 75 po…
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