The Sensex today opened flat at 14,978, up 20 points. However within a fraction of a second the index slipped into the negative and exhibited sideways movement in morning trades.The index rebounded into the green and touched a high of 14,996. The Sensex however failed to hold gains owing …
In 3 months, Rs 100 could grow to Rs 1.9 cr in Indian market
Posted on: June 11th 2009 in Press Releases.
MUMBAI: In 1999, when he was barely 18 years old and still a student, American Timothy Sykes decided to invest his $12,000 gift money in the stock market. In a little over two years, his investment had grown to $1.65 million. Impressive, no doubt, but it’s still not the stock market in…
Investors reap Rs 10,000 cr every second in today’s trade
Posted on: May 19th 2009 in Market News.
MUMBAI: Turning stock market into a money- making machine, the investors added well in excess of Rs 10,000 crore in every second of trade today — a frenzy they must have wished continued beyond just a minute. However, the hopes are still not dashed completely as Dalal Street is pin…
Piramal Life Sciences to invest Rs 200 cr in R&D
Posted on: May 18th 2009 in Stock News.
Piramal Life Sciences, a research and development (R&D) arm of Piramal Group is investing Rs 200 crore in the next two year’s period for its ambitious programme to discover and develop new chemical entitities (NCEs) and Novel Drug Delivery Systems (NDDSs), a top company officia…
Top Sectors to watch out for
Posted on: May 18th 2009 in Press Releases.
Liquidity-starved sectors such as infrastructure and realty could be the biggest beneficiaries of the vote of confidence for the UPA.A clear mandate for the United Progressive Alliance and the continuity of the current government’s policies are likely to keep the markets buoyant. M…
Indian stocks best performers among emerging market
Posted on: May 17th 2009 in Market News.
Indian stocks emerged as the best performers among all emerging markets across the globe, giving the highest return of over 3 per cent on the day before the outcome of general elections in the country. According to an analysis of MSCI Barra indices, a measure of returns from various sto…
FIIs net buy Rs 984cr, DIIs net buy Rs 432cr
Posted on: May 15th 2009 in Brokerage Recommendations.
Foreign institutional investors (FIIs) were net buyers of Rs 983.86 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,672.13 crore, gross sales totalled Rs 1,688.27 crore. Domestic institutional investors (DIIs) were net buyers of Rs 432…
NSE BSE Stock results this week
Posted on: May 5th 2009 in Stock News.
Following is the list of stocks having their results this week: 5th May 2009 Indusind Bank Swaraj Engines.. …
First time since 1999, FIIs turn net sellers
Posted on: April 20th 2009 in Press Releases.
MUMBAI: Foreign institutional investors (FIIs) disposed of shares worth $11.83 billion last fiscal, turning net sellers for the first time since 1998-99, data with the Securities and Exchange Board of India (SEBI) shows. …
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’ …
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