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Stocks in news: Bharti, Aban, NTPC, Puravankara, HCL Tech

Posted on: August 25th 2009 in Market News.

Here are stocks that are in news today: Results today: HCL Tech FY09 ended June 30 Bharti-MTN deal update: Sources -RoC (Registrar of Companies) to scrutinise proposed GDR (global depositary receipt) issue before final SEBI nod -Alert: Bharti proposes to issue 25% equity through GDRs …

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Stocks in news: Prism Cement, NTPC, HCL Info, TCS, Wipro

Posted on: August 17th 2009 in Market News.

Here are stocks that are in news today: RIL – Exclusive -RIL writes to Power Ministry on GSPA with NTPC: Sources -NTPC board approves filing SLP in SC: Sources -NTPC asks Power Ministry to seek changes to govt affidavit: Sources Exclusive: RIL to Oil, Power Secretary -Have res…

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Stocks in news: Unitech, Mah Satyam, Rallis India, L&T

Posted on: August 13th 2009 in Market News.

MSCI adds Unitech, Mahindra Satyam to global standard indices Power Ministry Says -Price decided by EGoM (empowered group of ministers) has no relation to RIL-NTPC case -Unaware of legal advise to NTPC on gas dispute with RIL -Increasing planned UMPPs in first phase to 13 from 9 NHPC…

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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…

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Selling continues… Sensex near day’s low

Posted on: June 18th 2009 in Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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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, …

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Sell NTPC, target of Rs 175: IIFL

Posted on: May 28th 2009 in Brokerage Recommendations.

IIFL has recommended a sell rating on NTPC with a target price of Rs 175 in its May 26, 2009 research report. “NTPC’s audited FY09 PAT was 5% above the provisional numbers, primarily on account of tax write-backs of Rs 3.8 billion pertaining to other income. Adjusting for thes…

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NTPC can touch Rs 220-224: A Jain

Posted on: May 28th 2009 in Stock Views.

Anu Jain, Vice President of IIFL Private Wealth Management is of the view that NTPC can touch Rs 220-224. “NTPC looks like positively biased. Today we saw some good amount of buying happening with a good amount of positive traction. So one could see some positive buildup on that moving…

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Recovery brings back Rs 10,00,000 cr of investors wealth

Posted on: April 26th 2009 in Stock News.

MUMBAI: The stock market uptrend, which has brought back the benchmark Sensex above the 11,000-points level, has recovered as much as Rs 10,00,000 crore of investors wealth in less than two months. However, the total recovery so far is less than one-fourth of close to Rs 45,00,000 crore…

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