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Market Information

71% stocks trade below May 2008 levels

Posted on: September 20th 2009 in Stock News.

11 stocks, including Tata Steel, R-Comm and DLF, are down by over 30 per cent. The 16-month highs for the two benchmark indices, the Sensex and the Nifty, look unconvincing as 71 per cent of the stocks are currently trading 30 per cent below the levels where they were 16 months ago. The …

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Intraday calls for 27-08-09

Posted on: August 27th 2009 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap down opening. Buy SEL Manufacturing at 71-72, target: 77. Stoploss: 69.90 …

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The slide may continue

Posted on: May 21st 2009 in Market Outlook.

Markets would continue to remain under pressure as the whole elections is a bit overdone. Though the convincing win for the UPA has been greeted with cheers, the road to recovery will not be a smooth one. It was the second straight trading session of losses for the Sensex. Along with the…

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Bank confidence, data push Wall St higher

Posted on: May 9th 2009 in Press Releases.

NEW YORK (Reuters) – U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy. …

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WEEKLY TECHNICAL ANALYSIS: Correction seen ahead

Posted on: April 19th 2009 in Market Outlook.

Another good week for the equity market, and the Sensex has now rallied over 32 per cent (2,697 points) at 11,023. The index began the week on a positive note, touched a low of 10,719, and a high of 11,367 amid high volatility. The index finally closed the week with a gain of two per cent…

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Nifty above 3400; Unitech up on raising funds

Posted on: April 17th 2009 in Market News.

MUMBAI: Markets opened higher Friday in line with other global markets. Realty, Metals and stocks were amongst the major gainers. At 9:55 am, National Stock Exchange’s Nifty was at 3405.50, up 36.30 points and Bombay Stock Exchange’s Sensex was at 11055.23, up 107.83 points. …

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Markets end on a positive note: Nirmal Bang

Posted on: April 7th 2009 in Brokerage Recommendations.

According to Nirmal Bang’s report, the markets continued their positive momentum amid volatility. The Sensex closed up 186 points or 1.80% at 10534 and the Nifty was up 45 points or 1.42% at 3,256. Nirmal Bang’s report …

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World markets pause after G20-fueled rally

Posted on: April 4th 2009 in Press Releases.

World stock markets lost steam on Friday, as the previous day’s rally — helped by world leaders’ pledge to help world economies with new funds — gave way to caution ahead of a crucial U.S. jobs report later in the day. …

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