New Delhi: Euphoria over the Rs 181 crore net profit in October-December 2008 notwithstanding, Satyam is still not out of the woods as it faces legal and other claims that could put a burden of up to Rs 10,000 crore on it. These include claims worth about Rs 400 crore related to four over…

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Oil reserves totaled 1.258 trillion barrels at the end of 2008, compared with a revised 1.261 trillion barrels a year earlier, BP said in its annual Statistical Review of World Energy. oil_reserves BP Plc said on Wednesday that the global proved oil reserves fell last year, the first dr…

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Anup Maheshwari of DSP Blackrock MF is bullish on infrastructure space. Maheshwari told CNBC-TV18, “It is safe to say there is some exuberance in infrastructure sector. We are very bullish on infrastructure, we have a fund as well there but valuations are running a little ahead of …

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The Sensex continues to exhibit sideways movement and has touched a high of 15,561, up 434 points from the previous day’s close. The Sensex is now at 15,547, up 420 points.The BSE Metal and Power index lead the rally, up 4% each at 11,861 and 3,077, respectively. Reliance Infrastru…

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Buy Kalindee Rail Nirman Engineers at 186, target: 196. Stoploss: 182 Buy Reliance Capital at 960-965, target: 990. Stoploss: 950 If markets show weakness later during the day, sh…

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To view free intraday, daytrading tips visit: http://nseguide.com/category/intraday-calls-tips/ . For BTST calls visit: http://nseguide.com/category/intraday-calls-t…

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BSE Sensex: (15127) we said ‘so far it looks down and we may see some support emerging around 14385 levels or around 13846 levels’ but the market bounced back from our higher support of 14551… thus indicating strength in the days to come… The support for the Sensex is 15000 and t…

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KRChoksey has recommended a buy rating on JMC Projects, with price target of Rs 212, in its report dated June 8, 2009. “We believe JMC Projects is a good turnaround story and continues to improve its performance as observed from its FY08 and FY09 performance. We believe company wil…

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Sharekhan has recommended a buy rating on Balrampur Chini, with price target of Rs 148, in its report dated June 8, 2009. “We value Balrampur Chini Mills at an EV/EBIDTA of 7x FY2011E considering the hefty profit growth expected over FY2008-11. Based on this valuation we arrive at …

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Tainted IT firm Satyam Computer Services (SATYAM.BO : 66.85 +6.05) reported a standalone net profit of Rs 52 crore for the month ended February 2009. The company had a net profit of Rs four crore in January this year, Satyam said in a regulatory filing to the stock exchanges. The total …

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