Budget 2009 Stocks

Quotes with Resistance & Support

Market Information

Budget impact: Maruti, M&M lead Auto rally

Posted on: July 7th 2009 in Market News.

The auto industry is in general satisfied with the continuation of CENVAT cuts announced in the Union Budget which has been considered as a good step but lack of incentives for exports has been regretted.The Fringe Benefit Tax has also been scraped off and the Budget proposes to reduce t…

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GMR Infrastructure withdraws $500 million QIP

Posted on: June 30th 2009 in Stock News.

GMR Infrastructure, the Bangalore-based infrastructure firm with focus on power generation, highways, airports and urban infrastructure, has withdrawn its $500 million fund raising efforts through the QIP route for the time-being.According to a senior finance official of the firm, they ha…

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Sensex bounces back; Oil & Gas, power up

Posted on: June 23rd 2009 in Market News.

MUMBAI: Benchmarks bounced back in the positive terrain on Tuesday as sentiments turned bullish with the positive European markets. Buying activity in heavyweight Reliance Industries also helped the benchmarks to erase losses. At 2:45 pm, Bombay Stock Exchange’s Sensex was at 14338.0…

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Posted on: June 4th 2009 in Stock News.

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