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India may borrow 4-4.25 trillion rupees in 2009/10: Edelweiss
Posted on: June 18th 2009 in Press Releases.
MUMBAI: India’s gross borrowing target for 2009/10 may be raised to 4-4.25 trillion rupees but revenue from divestment and auction of telecom Money spectrum will mitigate the effect of larger supplies, Edelweiss Securities said on Thursday. At its interim budget, the government h…
Buy banking, telecom stocks on decline: Mohindar
Posted on: June 18th 2009 in Stock Views.
Rahul Mohindar of Viratechindia is of the view that one can buy banking and telecom stocks with 3-4 months timeframe. Mohindar told CNBC-TV18, “I think banking per se looks good. In fact sectorally, if I have to pick two sectors, on would be banking and telecom. I think both these …
Sensex sheds 435pts; Realty, metals weigh
Posted on: June 17th 2009 in Market News.
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 …
Top 10 firms lose Rs 5,100 cr last week
Posted on: June 15th 2009 in Press Releases.
The country’s top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week, with Oil and Natural Gas Corporation (ONGC) losing the most among the pack.The total market valuation of the elite club, comprising four private sector and six state-run companies, …
BHEL bags Rs 4,015-cr order from Hindalco
Posted on: June 12th 2009 in Stock News.
State-run Bharat Heavy Electricals today said it has bagged a Rs 4,015-crore from Hindalco Industries for supplying boilers, turbines and generators at its 900mw captive power plant in Orissa. “BHEL has secured a Rs 4,015 crore order from Hindalco Industries for the supply and erect…
NSE slashes lot sizes of 143 stocks; F&O volumes to rise
Posted on: June 11th 2009 in Stock News.
In a move that may give relief to retail participants in the market, the National Stock Exchange (NSE) has reduced the lot sizes for derivative contracts of 143 stocks. The move came after a nearly two-fold rise in stock prices of many companies in the past couple of months. The lot-size…
Fund managers shift focus to small, mid-caps
Posted on: May 26th 2009 in Market News.
MUMBAI: Fallen angel stocks — the ones that peaked during the boom, only to tank in the Sensex crash — are getting a new life as fund managers, who were under fire for being overcautious, look to deploy their idle cash in these so as not to be seen missing out on the current market ra…
Futures Options Trading Strategy Ahead Of Election Results
Posted on: May 13th 2009 in Market Outlook.
The eagerly eyed US stress test results came in line with the Street’s expectations and did not have any negative surprises. This has proved to be a positive for the stock markets across the globe. On the whole, the global equity markets may see further upside in the near term. However…
Buying Stocks – Golden Rules For Buying Mid Cap & Small Cap Stocks
Posted on: May 6th 2009 in Penny Stocks.
Investors wanting to get best returns out of their investments in stocks always want to buy stocks falling in mid cap and small cap category. Here are few rules to spot best mid cap stocks to buy. Growth Rate …
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