FII’s today seemed to have resumed their bulk buying, they made purchases of 2102 cr. in Cash Market today, keeping the Markets strong. DII’s on the other had remained net setters worth 1354.81 cr’s. Indices opened on a flat and gained momentum as the session progressed…
Indian shares post biggest weekly fall in 8 mths
Posted on: July 10th 2009 in Stock News.
MUMBAI: Indian shares fell 1.8 per cent on Friday and posted their biggest weekly fall in more than eight months as concern about the economy kept investors jittery, but Infosys bucked the trend and rallied on strong quarterly result. Infosys Technologies, the country’s No. 2 outso…
Stocks end lower on F&O expiry
Posted on: June 25th 2009 in Market News.
MUMBAI: Stocks settled on a lower note on the last day of the June derivative series amid volatility. Even the secondline space which was in focus for a major part of the day gave in to profit booking. Sectorwise, consumer durables and automobile stocks were hit while realty and bankin…
Market Review for 20th May 2009
Posted on: May 19th 2009 in Market Outlook.
BSE Sensex: (14302) yes we did get a 2 day breakout after a consolidation as expected and the market found some selling pressure too which is but natural after a sustained strong up move…the ideal thing to do after a sustained up move is to take money home…the market technically on cy…
An Opportunity To Buy Best Small Cap Stocks!
Posted on: May 13th 2009 in Stock Views.
Speculation on election results has made the Indian stock markets jittery, a consequent market crash is seen as a good opportunity for retail investors to buy some fundamentally sound small cap stocks with a little higher risk appetite. According to market watchers, retail investors who …
Market Review for 14th May 2009
Posted on: May 13th 2009 in Market Outlook.
BSE Sensex: (12020) the market missed making a new high by just few points and profit booking came in…the point to watch would be 12272 and if that gets taken out then we might see a new high otherwise the market could see some more profit booking. 14th may 2009 is a strong pressure day…
JSW Steel zooms 11%, company gets back in black
Posted on: May 7th 2009 in Stock News.
JSW Steel has rallied on news that the company today reported turnaround in net profit as against a loss of Rs 49 crore reported in the quarter ended December, 2008. The stock has zoomed over 11% to Rs 424 on volumes of around 2.13 million shares …
US stocks jump as fears ebb about ‘stress tests’
Posted on: May 7th 2009 in Press Releases.
Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as media reports trickled out that indicated balance sheets at major lenders …
Best stocks to buy now are banking stocks
Posted on: April 22nd 2009 in Press Releases.
Amid easing of liquidity, low bond yields and expectations of long term economic revival, banking stocks are seen as the best bet for investment – both in medium term and long term. Banking sector is expected to outperform the market giving an on an average return of 20 per cent, a…
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