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Sensex ends flat after insipid day

Posted on: June 29th 2009 in Market News.

Sensex gained 21 points or 0.2% to end at 14,785 Nifty gained 15 points or 0.3% to shut shop at 4,391. The BSE Sensex gained 21 points or 0.2% to end at 14,785 after touching a high of 14,956 and a low of 14,685. The index had opened at 14,815 against the previous close of 14,764. The N…

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Mahindra Holidays’ IPO price fixed at Rs 300 per equity share

Posted on: June 29th 2009 in Press Releases.

Leisure hospitality provider, Mahindra Holidays and Resorts India (MHRIL), has fixed the price at Rs 300 per equity share for its Initial Public Offering (IPO). The Mahindra Group company’s IPO comprised of an issue of 92,65,275 equity shares of Rs 10 each for cash at a price to be …

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Intraday tips for 23 June 2009

Posted on: June 22nd 2009 in free intraday tips.

Best intraday tips, free intraday calls, top stocks for intraday ,nse bse stock market tips, free BTST stock calls, best stocks for daytrading, free stock calls dialy visit: http://nseguide.com/category/intraday-calls-tips/ …

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India may borrow 4-4.25 trillion rupees in 2009/10: Edelweiss

Posted on: June 18th 2009 in Press Releases.

MUMBAI: India’s gross borrowing target for 2009/10 may be raised to 4-4.25 trillion rupees but revenue from divestment and auction of telecom Money spectrum will mitigate the effect of larger supplies, Edelweiss Securities said on Thursday. At its interim budget, the government h…

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Selling continues… Sensex near day’s low

Posted on: June 18th 2009 in Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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LIC Housing sells 18.3% stake in LIC MF to Nomura

Posted on: June 15th 2009 in Stock News.

LIC Housing Finance today sold 18.3 per cent of stake in LIC Mutual Fund to Japanese Financial services company, Nomura, expecting to garner Rs 138-crore.”As per the agreement between LIC and Nomura, we are selling 18.3 per cent out of the total stake of 38.3 per cent in LIC Mutual …

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Below 15240, Sensex may slip to 15050: Angel

Posted on: June 12th 2009 in Brokerage Recommendations.

MUMBAI: Angel Broking expects market to remain volatile and if Sensex slips below 15240 it may slip to 15170-15050 levels. “Markets were indecisive to begin with, cautious approach at higher levels led to some profit booking which dragged the indices to close on a negative note. On…

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Buy TRF, target of Rs 692: Emkay Global

Posted on: May 26th 2009 in Brokerage Recommendations.

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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Bulls may clear the test

Posted on: May 8th 2009 in Market Outlook.

All eyes would be on the results of stress test, regulators are slated to release the results of the stress tests, aimed at assessing banks` overall health. Indian markets staged a smart recovery on Thursday recovering almost all the previous day losses. …

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Liquidity drives market rally this time

Posted on: May 5th 2009 in Market News.

MUMBAI: It was around the same time in 2006 when the Sensex had touched the 12,000-mark for the first time in its history. And now, it’s back to the same level again, albeit after witnessing a roller-coaster ride in the past three years. The mood is not euphoric as it was in 2006. Qui…

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