BSE Sensex: (14110) we said ‘13480 is a very crucial support and if that goes now then the next support is closer to 13000-12270’ the market never breached the crucial support of 13480 and moved up gaining strength…so far the trend is still intact up…volatility is not ruled out on…

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Sensex rallied 520 points or 3.8% to close at 14,019, Nifty gained 159 points or 3.8% to shut shop at 4,276. Indian markets ended the day near day’s high On Wednesday led by gains in the Realty, Banking and the Power stocks. The Sensex rallied 520 points or 3.8% to close at 14,019 aft…

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MUMBAI: Anil Dhirubhai Ambani Group firm Reliance Money has been adjudged as the best equity broking house for 2009 by research firm Dun & Bradstreet. Besides, Reliance Money has also bagged the top broker award in the largest e-broking house segment of D&B, the company said in…

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Akshata Deshmukh, Research Analyst, Asian Markets Securities is of the view that Indiabulls Real Estate is consolidating at Rs 195. Deshmukh told CNBC-TV18, “Indiabulls Real Estate is consolidating about Rs 195 odd levels and lot of buying or accumulation per se is taking place aro…

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The economy should contract by 2.8 percent this year, the forecasters said in updated projections. That’s worse than the 1.9 percent drop they forecast in late February. If they are right, it would mark the worst annual contraction since 1946, when economic activity fell by 11 perce…

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IVRCL secured order from Government of Bihar IVRCL Infrastructure & Projects Limited (IVRCL) is glad to announce that the Water Division of the company has bagged the order of the value of Rs2.99bn, awarded by the Government of Bihar, Public Health Engineering Department. source: …

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Markets likley to see a gap up opening. Buy Kalindee Rail Nirman at 152, target: 160. Stoploss: 148 Buy Dishman Pharma at 173, target: 183. Stoploss: 169 …

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Sensex slipped 324 points or 2.3% to close at 13,589 Nifty fell 130 points or 3% to shut shop at 4,107. Indian markets ended with sharp losses on Tuesday as traders and investors preferred to book profits at higher levels ahead of F&O expiry. Selling was seen all over the bourses as…

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Motilal Oswal has maintained its buy rating on Punjab National Bank with a price target of Rs 721 in its report dated May 25, 2009. “Punjab National Bank’s 4QFY09 PAT at Rs 8.7 billion was higher than our estimate of Rs 8.1 billion. We like PNB for its inherent strengths of large…

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Motilal Oswal has maintained its buy rating on Federal Bank with a price target of Rs 277 in its report dated May 25, 2009. “Federal Bank’s 4QFY09 results were significantly below our expectations. NII growth was lower than we had estimated, tax rate was higher than we had expect…

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