Markets likley to open flat Buy Moser Baer at 90, target: 96. Stoploss: 87 If markets show weakness later during the day, short sell: Maharashtra Seamless …

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With foreign institutional investors (FII) turning their attention back to the Indian stock market, about one-third of the total outflows witnessed last year have already made its way into bourses so far this year. After pulling out a hefty Rs 52,987 crore from the Indian stock markets i…

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MUMBAI: Delivering the keynote address at The Financial Management Summit ’09 hosted by The Economic Times, Reserve Bank of India Governor Dr Duvvuri Subbarao said the crisis emerging from the global recession has been the worst ever in his time. Under such a scenario, stimulus packag…

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Out of 150 India equity funds, 89 have outperformed Sensex.International equity funds for India have seen an appreciation of almost 74 per cent in the total value of their assets between March 9 and now, according to data collected from Bloomberg. The total assets of these funds increase…

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MUMBAI: Midcap and small cap indices have outperformed the benchmark Sensex in this fiscal so far, giving 20 per cent more returns than the blue chip stock index. The BSE Midcap index which comprise 222 companies has given nearly 61 per cent returns so far in 2008-09 and the Small cap i…

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Satyam Computer Services’ has more than 10,000 excess staff, new owner Tech Mahindra said on Friday, and the fraud-hit outsourcer’s chairman said revenues remained on a downward slope. Vineet Nayyar, the chief executive of Tech Mahindra which last month won an auction for a controlli…

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Motilal Oswal has maintained its buy rating on Nestle India, in its report dated May 18, 2009. “In 1QCY09, Nestle India reported 10.7% (11.8% excluding discontinued products) growth in domestic volumes and 25% decline in export volumes as against overall volume growth of 16.9% in C…

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Indiabulls Securities Research has upgraded its rating on ABB from hold to buy, in its May 21, 2009 research report. “ABB Limited (India)’s revenues declined 9.2% yoy to Rs 14.1 billion in Q1’09 on account of weak order execution. Net profit of the Company was Rs 784 million, 3…

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Motilal Oswal has recommended a buy rating on Godrej Consumer Products, in its report dated May 19, 2009. “Godrej Consumer Products net sales grew 26% YoY to Rs 3.4 billion (v/s our estimate of Rs 3.1 billion). Gross margin declined 850bp YoY to 49.1% (up 760bp QoQ). However, lower…

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MUMBAI: The euphoria on Dalal Street following UPA’s victory at the general elections refuses to die down. Market watchers are of the view that the political developments at the Centre have been governing market moves and investors keenly await the formation of the new Cabinet, which is…

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