Emkay Global Financial Services has maintained its buy rating on TRF with a price target of Rs 692 in its report dated May 25, 2009. “TRF gave positive surprise in Q4FY09 with better-than expected operational performance. Its revenues grew by 41% yoy to Rs 2.4 billion led by sustai…

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Angel Broking has recommended an accumulate on Bharti Airtel with a price target of Rs 903 in its report dated May 25, 2009. “Bharti Airtel is India’s leading provider of GSM-based mobile services with 96.7 million subscribers at the end of April 30, 2009. In fact, in May, th…

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According to ICICIdirect.com’s report, the Sensex has supports at 13610 and 13480 and resistances at 14030 and 14290. ICICIdirect.com’s report: We expect the Indian market to open flat and trade volatile. Until the new government presents its Budget, expectations will build …

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BSE Sensex: (13589) we said ‘Our analysis remains the same…the market is said to be UP as long as 13611 holds…but volatility cannot be ruled out’ the market cracked the 13611 market and cracked but managing to stay above 13480…13480 is a very crucial support and if that goes now…

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Finance Minister Pranab Mukherjee, in an interview to CNBC TV18, said that although maintaining fiscal and growth prudence were both priorities for the government, in current times, growth had to assume higher significance. He was speaking exclusively to CNBC-TV18’s Udayan Mukherjee…

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MUMBAI: Anil Ambani group entity Reliance Infrastructure today said it has sought shareholder approval for raising up to Rs 4,300 crore through preferential allotment of shares to promoters and issuance of securities to qualified institutional buyers. In a filing to the Bombay Stock Exc…

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Buy Alok Industries above 21.40 for a target of 23. Stoploss: 20.80 Buy S Kumars Nationwide at 37.60, target: 40. Stoploss: 36.70 …

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Educomp Solutions continues to face resistance at 2900-2930. It has made a triple top between 2860-2930 level. Once it manages to cross this level 2930 it can head upto 3150 …

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Prabhudas Lilladher has maintained its reduce rating on HT Media in its May 19, 2009 reports. “Although the worst is over for the company in terms of cost overheads (with newsprint prices back to January 2008 levels), maintaining ad revenue growth will continue to be quiet challeng…

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The outlook continues to remain a bit cautious for the coming days as Tuesday saw markets taking a breather. In addition, the global economic slowdown, sluggish local economy, ballooning fiscal deficit continue to remain as headwinds. Markets witnessed a sharp sell off on Tuesday ahead o…

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