At least a dozen advertisers, including Reliance Communications, Nokia, Pepsi, Hero Honda, Maruti and Visa among others, and host broadcaster ESPN STAR Sports may find themselves on a sticky wicket with India’s exit from the current world Twenty20 cricket tournament. Advertisers are in…

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MUMBAI: The jittery sentiment across overseas markets failed to deter Indian equities which made way for a positive close Tuesday, snapping from a three day losing streak. Volatility was at its best with equity benchmarks making a weak start, then surging to the day’s high, and finally…

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Reliance Money has recommended a reduce rating on Mahindra & Mahindra, with price target of Rs 689, in its report dated June 16, 2009. “M&M plans to launch 2 new products in auto segment. Newly launched Xylo has already received good response and new SUV launch is also as…

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Karvy Stock Broking has changed its rating on SpiceJet from outperformer to underperformer with a price target of Rs 16 in its report dated June 16, 2009 “During 4QFY09, SpiceJet is expected to report revenues of Rs 3,363 million as against revenues of Rs 3,993 million reported during …

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Prabhudas Lilladher has maintained its accumulate rating on Reliance Industries in its June 15, 2009 research report. “The Bombay High court has finally ruled the gas pricing decision in favour of Reliance Natural Resources (RNRL) which entitles the company to procure gas from Reli…

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Dr Reddy’s has gained after announcing a partnership with GSK.The stock opened at Rs 715 and slipped into the red to Rs 705. However, it surged to a high of Rs 748, up 6% from the day’s low. It is now trading up 5% at Rs 745. Around 19,886 shares have changed hands at the coun…

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MUMBAI: Indian markets pared early morning losses Tuesday as investors entered at lower levels providing support for indices. Traders ignored the weak cues from international markets and took positions on hopes that Indian economy will do better than other global economies, said dealers….

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With the NSE Nifty index shutting shop below the 4500 levels, the index might find support at around 4350-4360 levels in the coming days. It was the third straight trading session of losses for the Indian markets on Monday. The slide was led by weak global cues coupled with heavy selling…

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IVRCL Infrastructure and Projects touched an intraday high of Rs 331 and an intraday low of Rs 305. At 10:59 am, the share was quoting at Rs 328, up Rs 8.90, or 2.79%. The company has bagged order worth Rs 432 crore, reports CNBC-TV18. It was trading with volumes of 386,873 shares. Yest…

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Cipla has made a triple top between 255-260 levels. Once it manages to cross 260, it can head upto 285. One may buy it above 260 for a target of 280-285 …

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