Quotes with Resistance & Support
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Positive/Negative breakouts for 09-11-09

Posted on: November 7th 2009 in Market News.

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Hindustan Construction at 134.10 – Support at 130 NHPC at 32.60 – Support at 31 Sesa Goa at 312.65 – Support at 303 Dredging Crop of India at 509 &#8…

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NHPC public issue subscribed 23.7 times

Posted on: August 13th 2009 in Press Releases.

Mumbai: The initial public offer of the state-run hydropower company, NHPC, was subscribed 23.72 times. The issue, which closed on Wednesday, received bids for 3,979 crore shares against the 168 crore shares on offer, according to the data available on the NSE Web Site. IPOs: India 6th m…

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MoF to sell stake in 6 listed PSUs

Posted on: July 17th 2009 in Stock News.

The Centre has already announced plans to sell stake in unlisted PSUs – NHPC and Oil India through an initial public offering of these companies. The Ministry of Finance on Friday announced that it was planning to sell between 5-10% stake in six PSU companies as part of the governm…

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Divestment can raise $95 bn, wipe deficit clean: Study

Posted on: June 8th 2009 in Press Releases.

NEW DELHI: Divestment of even minority stake in state-owned firms can raise nearly $95 billion (Rs 450,309 crore), help clean the red ink on the Rupee Globe’s biggest M&A dealmakers Factors for successful M&As Formula for successful biz government’s balance shee…

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+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

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