Technical Analyst, Ashwani Gujral is of the view that Kotak Mahindra Bank has next target of Rs 800. Gujral told CNBC-TV18, “Kotak Mahindra Bank gave a sort of a breakout and the next target here could be around Rs 800. But a lot of these banks are breaking out and then losing stea…

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Ambareesh Baliga of Karvy Stock Broking is of the view that Satyam can test Rs 95-96. Baliga told CNBC-TV18, “In Satyam you will have at least another one-two circuit before it comes off; assuming that the markets hold on at these levels. So, I think closer to Rs 95-96.” sou…

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~13.67mn shares, or about 11% of its equity was traded in a single transaction on the NSE. Shares of UltraTech Cement have declined by over 4.5% to Rs726 after L&T offloaded its entire stake in the company to a group of investors. ~13.67mn shares, or about 11% of its equity was trad…

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Satyam Computers for the third consecutive day has hit the 10% upper circuit . The stock opened at Rs 80.5 and got locked there. Around 786,676 shares have been traded on the BSE today.In the Indian ADRs also,Satyam Computers surged a massive 36% to $4.94 source: Business-Standard …

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Buy Bata India around 163-165, target: 175. Stoploss: 160 Buy Bajaj Hindusthan at 202.50, target: 212. Stoploss: 200 If market show weakness later during the day, short sell: Read More..

What is an option? An option contract gives the buyer the right, but not the obligation to buy/sell an underlying asset at a pre-determined price on or before a specified time. The option buyer acquires a right, while the option seller takes on an obligation. It is the buyer’s prerogat…

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BSE Sensex: (15467) the market was UP as expected and so far it does give any sign of weakness but the market is close to a very resistance zone and so I have not be surprised if profit booking comes in…caution is the order of the day and crucial support to watch is 15400 The support f…

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Sharekhan has downgraded its rating on Aditya Birla Nuvo to hold with a price target of Rs 968 in its report dated June 9, 2009. “Aditya Birla Nuvo Ltd’s (ABN) board of directors has decided to issue 1.85 crore warrants worth Rs …

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Karvy Stock Broking has maintained its marketperformer rating on Fame India with a price target of Rs 26 in its June 10, 2009 research report. “Net sales of the company grew by 33% YoY (lower than our expectations of 41% YoY) and sto…

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Fairwealth Securities has maintained its buy rating on Patel Engineering with a price target of Rs 550 in its report dated June 8, 2009. “Patel Engineeringn(PE) registered steady growth in 3QFY2009. Consolidated Sales of the comp…

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