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Shanghai shocker stuns Sensex

Posted on: August 19th 2009 in Market News.

Sensex slipped 225 points or 1.5% at 14,809 while, Nifty ended lower by 65 points to shut shop at 4,394. Indian markets ended in the red erasing previous day’s gains led by selling in the Oil & Gas, Metal, Auto and Power stocks. Markets cracked after Mainland China’s top sto…

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Asia equity funds attract $1.56 bn; India corners $211 mn

Posted on: August 3rd 2009 in Press Releases.

NEW DELHI: With an increased risk appetite, global investors poured in over USD one billion in equity funds focused on the Asian economies in the fourth week of July and India alone received $211 million. With the Indian equity market touching a 13-month high level last week, flows into…

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Top 100 bank branches’ deposit up 21%

Posted on: July 21st 2009 in Press Releases.

The Reserve Bank of India (RBI) released quarterly statistics on deposits and credit of scheduled commercial banks for March 2009, revealed that aggregate deposits of top hundred centres increased by 21% in March 2009 over March 2008 compared to a growth of 25.7% a year ago. Growth rate …

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Intraday tips for 1st july 2009 BTST hot stocks Free

Posted on: June 30th 2009 in free intraday tips.

Nifty sensex target for 30 June 2009, Daily intraday calls and tips, Free intraday Best calls, hot stocks daily, best intraday tips, Free hot BTST stock calls for free, nse bse best stocks to do daytrading with, hottest nse bse stocks for intraday, Free intraday tips and calls daily visit…

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It’s raining dividends at MFs

Posted on: June 30th 2009 in Market News.

MUMBAI: Equity mutual funds are handing out dividends to investors like never before. Fund houses such as Franklin Templeton, SBI Mutual, HDFC Mutual Funds MF Investments When do you jump a mutual fund? More paperwork for MF investments! MF, Reliance MF, Tata MF and UTI have announce…

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Nifty reclaims 4300; Tata Motors, DLF in lead

Posted on: June 19th 2009 in Market News.

MUMBAI: Equities rebounded on Friday on the back of positive cues from overseas markets. Realty and capital goods fronted the upmove. Secondline counters were trading on a positive note as well. “We expect the market to bottom out today and expect buying at lower levels. We are positiv…

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Wockhardt sells German unit for nearly Rs 120cr; stk up

Posted on: June 18th 2009 in Stock News.

Wockhardt touched an intraday high of Rs 138 and an intraday low of Rs 132.50. At 10:01 am, the share was quoting at Rs 135, up Rs 4.55, or 3.49% on the NSE. The company has sold its German unit to Mova Pharma for nearly Rs 120 crore, reports CNBC-TV18. It was trading with volumes of 69…

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Reduce M&M, target of Rs 689: Reliance Money

Posted on: June 16th 2009 in Brokerage Recommendations.

Reliance Money has recommended a reduce rating on Mahindra & Mahindra, with price target of Rs 689, in its report dated June 16, 2009. “M&M plans to launch 2 new products in auto segment. Newly launched Xylo has already received good response and new SUV launch is also as…

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Investors lose crores in bid to get rich quick

Posted on: June 14th 2009 in Market News.

NEW DELHI: At a time when companies are finding it hard to raise capital to fund their projects due to the global slowdown, thugs in India have successfully steered clear of the recessionary spiral. Beating global meltdown fears, they have cashed in on the ignorance of gullible investors…

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Market Review for 15th June 2009

Posted on: June 13th 2009 in Market Outlook.

BSE Sensex: (15238) the market has traded sideways with no sign of any direction…technically the trend is still intact Up but the market is also against a strong zone of resistance…looks like more of a sideways movement with profit booking coming in…analysis still the same… The s…

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