The benchmark indices ended on a positive note on the last day of the F&O expiry for the May series. This rally was led by shares of capital goods, metal, banking, oil & gas exploration and select power companies. It was a magnificent series for the markets; in this series the…

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Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that NDTV can test Rs 180. Thacker told CNBC-TV18, “The media stocks have been moving up for quite some time. Now we have seen TV18, TV Today and NDTV move up a lot. Yesterday they were in the limelight, the stocks…

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According to Reliance Money’s Morning Notes, as for today’s trade, we may observe lack lustrous action after hectic action in past four trading session. Support for the day exists far lower around levels of 4315-4320 range any move below this range may see indices slipping lower t…

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GMR Infrastructure touched an intraday high of Rs 167 and an intraday low of Rs 163.80. At 10:14 am, the share was quoting at Rs 165.45, up Rs 1.65, or 1.01%. The company has bagged Rs 2,000 crore Hyderabad-Vijayawada highway project, reports CNBC-TV18. It was trading with volumes of 14…

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Markets likley to open flat. Buy Ipca labs at 500, target: 525. Stoploss: 490 Buy Educomp Solutions above 2930, target: 2970. Stoploss: 2910. …

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The Government will consider deregulating petrol and diesel prices as also increasing rates of natural gas sold by state firms, said Murli Deora, who began his second term as Petroleum Minister on Friday. “The issue of deregulation is being discussed and it will be put up to the Ca…

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Emkay Global Financial Services has revised its rating on IRB Infrastructure Developers from buy to accumulate with a price target of Rs 145, in its report dated May 26, 2009. “IRB Q4FY09 results were below our estimates primarily on …

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Emkay Global Financial Services has maintained its buy rating on Dishman Pharmaceuticals & Chemicals with a price target of Rs 213, in its report dated May 26, 2009. “Amidst weak global outlook and inventory rationalization, …

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Parag Parikh Financial Advisory Services has recommended an accumulate rating on NIIT Technologies in its May 27, 2009 report. “NIIT Technologies reported a subdued Q4 with consolidated revenues down 9% from Q3 at Rs 2270 million from Rs 2485 million. A Rs 221 million loss on accou…

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According to Nirmal Bang’s report,the next support is at 4010 from where we could witness buying interest in the frontline stocks. But if nifty fails to hold the level of 4010, then the next level could be 3860. “So remain cautious and trade according to the levels mentioned.” …

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