Reliance Industries today said PMS Prasad, who has been recently inducted into the company board, holds 17,433 equity shares in the company but does not own any derivatives of the shares. In a regulatory disclosure to the National Stock Exchange RIL said, PMS Prasad has informed the exch…
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Sensex rangebound; Tata Motors, L&T, Rel Infra up
Posted on: June 19th 2009 in Market News.
MUMBAI: Indian markets were moving in a narrow range on Friday with a positive bias as investors bought stocks at lower levels. Indices had shot up over 1 per cent in early trade but couldn’t absorb the supply in frontline stocks. Meanwhile midcap and smallcap stocks showed some resist…
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…
Accumulate Reliance Industries: Prabhudas Lilladher
Posted on: June 16th 2009 in Brokerage Recommendations.
Prabhudas Lilladher has maintained its accumulate rating on Reliance Industries in its June 15, 2009 research report. “The Bombay High court has finally ruled the gas pricing decision in favour of Reliance Natural Resources (RNRL) which entitles the company to procure gas from Reli…
Buy Reliance Industries with stoploss of Rs 2130: Nirmal Bang
Posted on: June 16th 2009 in Brokerage Recommendations.
MUMBAI: Nirmal Bang has advised traders to buy Reliance Industries with stoploss of Rs 2130. “Reliance Industries can be bought with stoploss of Rs 2130. Resistance is seen at Rs 2195. If the stock maintains above Rs 2195 then next target is Rs 2285-2320. And if Reliance trades below …
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