NEW DELHI: The finance minister Pranab Mukherjee’s Budget proposal to deepen markets by bringing promoters’ stake in listed companies below 75% may leave markets dealing with a flood of equity issuances. If the proposal comes through, listed companies could be expected to rai…
D-Street may inch towards consolidation: Analysts
Posted on: June 7th 2009 in Market Outlook.
MUMBAI: A wave of consolidation is likely to greet Dalal Street this week as the bellwether Sensex, which touched its 10-month-high level of BSE Cashing in on your money Know about stock arbitrage Better returns: Book capital losses Plan long term portfolio 15,103 points last week, …
Power full rally on Dalal Street
Posted on: May 27th 2009 in Market News.
Sensex rallied 520 points or 3.8% to close at 14,019, Nifty gained 159 points or 3.8% to shut shop at 4,276. Indian markets ended the day near day’s high On Wednesday led by gains in the Realty, Banking and the Power stocks. The Sensex rallied 520 points or 3.8% to close at 14,019 aft…
Tuesday tumble on the street
Posted on: May 26th 2009 in Market News.
Sensex slipped 324 points or 2.3% to close at 13,589 Nifty fell 130 points or 3% to shut shop at 4,107. Indian markets ended with sharp losses on Tuesday as traders and investors preferred to book profits at higher levels ahead of F&O expiry. Selling was seen all over the bourses as…
Traders cover intraday shorts ahead of poll verdict
Posted on: May 14th 2009 in Market News.
MUMBAI: With the exit polls indicating that the Indian parliament could be headed for a weak coalition government, market players preferred to stay on the sidelines ahead of the final verdict on Saturday. According to the exit polls, the ruling Congress-led alliance and its rivals are fa…
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. …
Weekly Review for the Week April 20th – 25th April 2009
Posted on: April 19th 2009 in Market Outlook.
We said ‘Technically the trend is still intact up and our target of 11295 still stands valid with some hiccups on the way up as the upside momentum seems to have reduced and indictors are in stretched mode nevertheless the up trend is still intact up’ …
D-Street may see uptrend; Infy guidance key concern: Analysts
Posted on: April 12th 2009 in Market Outlook.
Dalal Street is likely to open on a positive note this week following improvement in global cues, while IT major Infosys’ guidance announcement for FY’10 may bring in some consolidation in the market, analysts say. …
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