BSE Sensex: (14666) we said ‘the market has closed positive as expected and it still looks up but reactions cannot be ruled out, so caution is the order of the day’ the market unfolded as expected…so far it looks down and we may see some support emerging around 14385 levels or aroun…

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NEW DELHI: Divestment of even minority stake in state-owned firms can raise nearly $95 billion (Rs 450,309 crore), help clean the red ink on the Rupee Globe’s biggest M&A dealmakers Factors for successful M&As Formula for successful biz government’s balance shee…

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Sharekhan has maintianed its buy rating on Sun Pharmaceutical Industries with a target price of Rs 1498 in its June 04, 2009 research report. “Sun Pharma’s Q4FY2009 performance was ahead of our expectations primarily due to higher than expected growth in its domestic formulatio…

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Reliance Money has recommended a buy rating on Glodyne Technoserve, with price target of Rs 575, in its report dated June 8, 2009. “Glodyne Technoserve continues to leap forward with impressive financial performance. We expect consolidated revenues to grow at a CAGR of 31% over FY0…

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Sharekhan has maintained its buy rating on Orchid Chemicals & Pharmaceuticals, with price target of Rs 163, in its report dated June 5, 2009. “At the current market price of Rs 136, Orchid is discounting its FY2009E earnings by 10.7x and its FY2010E earnings by 8.3x. Though th…

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Hem Securities has maintained its buy rating on Colgate Palmolive with a price target of Rs 740 in its report dated June 6, 2009. “Colgate Palmolive has performed well in Q4FY09 with its topline and bottomline surging at a whopping rate of 21% and 39% respectively. The operating pr…

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KRChoksey has maintained its buy rating on Punjab National Bank, PNB with price target of Rs 750, in its report. “PNB reported strong Net Profit of Rs 865.6 crores, up 59.2% y-o-y but down 13.4% q-o-q on back of better operational performance and strong growth in non interest incom…

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KRChoksey has maintained its hold rating on Bank of India, with price target of Rs 360, in its research report. “Bank of India’s Q4FY09 results were broadly in line with expectations with Net Profits decreasing 7% q-o-q to Rs 757.1 crores. At current price of Rs 344 the stock is …

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MUMBAI: The Bombay Stock Exchange benchmark Sensex on Monday suffered the third-biggest fall of the year and ended below the 15,000 level by BSE Cashing in on your money Know about stock arbitrage Better returns: Book capital losses Plan long term portfolio losing nearly 438 points …

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The Sensex opened 50 points higher at 15,153. A freak trade in Reliance saw the index touch a low of 14,761. The index soon touched a high of 15,201, before slipping back into the negative zone.The index, thereafter, tried to recover but failed. Aggressive profit-taking in realty and meta…

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