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Sebi bans former Pyramid Saimira chairman from mkts

Posted on: December 23rd 2010 in Market News.

The Securities and Exchange Board of India (Sebi) has banned P S Saminathan, former chairman of Pyramid Saimira Theatre, from dealing in securities in any manner for 10 years, for allegedly inflating profit and revenues. Saminathan has also been barred from being a director in any listed…

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IOC losing Rs 118 cr per day on subsidised fuel sales

Posted on: December 21st 2010 in Press Releases.

State-owned Indian Oil Corp (IOC) is losing Rs 118 crore a day in revenue on selling diesel, domestic LPG and kerosene below their imported cost, a company official said today. “We are losing very heavily on diesel after international oil prices firmed up to $90 a barrel,” he…

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Intraday calls for 24-06-10

Posted on: June 24th 2010 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat.. Nifty has support at 5290 and resistance at 5340 If markets show recovery later during the day, buy: Vijaya bank with sl at 62.50 and Kopran on dips with sl at 36 …

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China’s US govt debt holdings hit 2010 high: Treasury

Posted on: June 15th 2010 in Press Releases.

WASHINGTON: China has raised its US government debt holdings to the highest level this year, according to US Treasury data published on Tuesday. The Chinese government raised its US Treasury bond holdings to 900.2 billion dollars in April, its highest level since November 2009, the Treas…

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Sebi bars 3 mkt players from trading for three years

Posted on: January 3rd 2010 in Market News.

The Securities and Exchange Board of India (Sebi) has debarred three market players from dealing in securities for three years for manipulating trading in shares of Nissan Copper. “…Sebi has passed an order…Restraining Deven Patel, Tejas Patel and Smitaben N Shah from b…

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Chistmas week : Markets hit year high

Posted on: December 25th 2009 in Market News.

Thursday, Nifty closed at 5,178, ending 34 points higher, Sensex gained 130 points to close at 17,360. Nifty manged to make a Intraday high of 5,197, and a low of 5,129. Sensex made a Intraday high of 17,413 and a low of 17,197. In Asia, the Nikkei in Japan was up 1.5%, while Australia&#…

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Disinvestment Plan Boost’s Markets

Posted on: November 5th 2009 in Market News.

Nifty gave a sharp recovery at afternoon, it manged to close 54 points up at 4,765. Sensex gained 151 points at 16,063. Government’s plan to disinvest stake in profit-making public sector units had a positive impact on the markets. Huge buying activity in the last hour of trade saw Indi…

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Whats next in Bharti, Invest or not?

Posted on: October 12th 2009 in Stock Views.

Bharti Airtel is one stock that has been hammered by alomst 30% in the past week. Bharti Airtel. Telecom sector is a matured sector and its no longer a Industry that going to bounce up soon, it depends upon the subscriber count they add up in the coming months or so.Read More..

Satyam was India Inc’s biggest fraud, it won’t be the last

Posted on: August 29th 2009 in Press Releases.

If it is a fraud to conceal fraud, consider this a sincere effort to shed some light. With 697 cases of fraud filed under the Companies Act and Fraud Top Accounting scandals | Satyam’s rise, fall & resurrection | Decoding the Satyam buy | The Great Fall of Satyam | The c…

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Nifty likely to witness range of 4400-4170: Bhambwani

Posted on: May 28th 2009 in Market Outlook.

Technical Analyst, Vijay Bhambwani: The markets opened on a strong wicket and ended with strong gains as buying emerged on positive overseas cues. The higher traded volumes indicated improved participation as trader interest revived. The rally was led by the banking sector as shorts were…

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