International consequences and impact on India will be more severe if situation deteriorates; other companies prefer to wait and watch for the situation to unfold Marico and Dabur have temporarily shut down their units in Egypt and trade between the two countries has been disrupted follo…

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Markets likely to open higher, Strong support at 5390, Resistance at 5550 If markets weakens later, go Short on Jubilant Foodworks for a target of 515 Nifty Index/Future Live Chart with RSI, MACD, Slow Stochasti…

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Manufacturing activity rises at fastest pace since May 2004; construction spending plunges Christopher S. Rugaber, AP Economics Writer, On Tuesday February 1, 2011, 12:02 pm EST WASHINGTON (AP) — Factory activity expanded in January at the fastest pace in nearly seven years, as m…

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Markets likely to open flat, resistance at 5550 If Markets shows some weakness later, go short on Dr. Reddy around 1635-1640 for a target of 1615 (book profits at 1620) 1.35pm – buy 5500 call at 98 target: 120. stoploss: 5410 – (continue to hold) Read More..

In a move that will be closely watched by other bourses, the Bombay Stock Exchange (BSE) has decided to introduce delivery-based stock futures and options contracts (F&O) from February. The move comes six months after the capital market regulator gave the go-ahead for delivery-based …

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Cairo residents boarded up homes and set up neighborhood watches of citizens armed with guns, clubs and knives as looting and violence engulfed the capital. With the police having disappeared from the streets, the army expanded its presence of tanks and armored personnel carriers but mai…

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State-owned ONGC today reported a over two-fold jump of its net profit at Rs 7,083 crore for the quarter ended December 31, 2010 as it got a one-time settlement charge on natural gas dues. During the same period a year ago the company’s had registered a net profit of Rs 3,054 crore…

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SI Reporter / New Delhi January 28, 2011, 13:46 IST After breaking its 200-DMA yesterday, the Nifty has now cracked below yet another physchological mark of 5500. The NSE benchmark index has now shed 108 points at 5496. Meanwhile, unabated selling in the markets has seen the Sensex shav…

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Indo Asian News Service, On Wednesday 26 January 2011, 1:12 AM Bangalore, Jan 25 (IANS) Tata Coffee Ltd Tuesday reported a net profit of Rs.25 crore for the third quarter (Oct-Dec) of the 2010-11 fiscal as against Rs.14 crore in the previous 2009-10 fiscal, registering a whopping 79 perc…

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Markets likely to open higher, Resistance for Nifty 5750 and support at 5670 Buy Orbit Corp around 70, Target: 72.50, SL 68 If we see some weakness later go short on AUROPHARMA for a target of 1245 Nifty Index/…

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