FMCG companies have come out as distinct winners of the Budget. The Budget has allocated a lot of funds to rural India. In fact, in the post-Budget rally, the FMCG index of the BSE has outperformed the Sensex by giving a return of over 4% against a decline of almost 10% by the Sensex. Ot…
Bulls run riot…Sensex ends above 15k
Posted on: June 9th 2009 in Market News.
Sensex surged 461 points or 3.1% to end at 15,127 Nifty gained 121 points or 2.7% to shut shop at 4,551. After taking a pause on Monday, bulls were back with vengeance as the Indian markets ended above the 15,100 levels reversing the previous day’s losses. The advance decline ratio wa…
US recession to end soon, modest recovery seen: Poll
Posted on: May 27th 2009 in Press Releases.
WASHINGTON: The US recession is set to end “soon,” but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed. The survey of 45 professional forecasters released by …
Tuesday tumble on the street
Posted on: May 26th 2009 in Market News.
Sensex slipped 324 points or 2.3% to close at 13,589 Nifty fell 130 points or 3% to shut shop at 4,107. Indian markets ended with sharp losses on Tuesday as traders and investors preferred to book profits at higher levels ahead of F&O expiry. Selling was seen all over the bourses as…
Buy TRF, target of Rs 692: Emkay Global
Posted on: May 26th 2009 in Brokerage Recommendations.
Emkay Global Financial Services has maintained its buy rating on TRF with a price target of Rs 692 in its report dated May 25, 2009. “TRF gave positive surprise in Q4FY09 with better-than expected operational performance. Its revenues grew by 41% yoy to Rs 2.4 billion led by sustai…
FIIs likely to book profit on stretched valuations
Posted on: May 26th 2009 in Market Outlook.
Fundamentals don’t justify such high valuations, feel analysts.After pushing up the Bombay Stock Exchange Sensitive Index, or Sensex, from 8,100 to 14,000 since March 9, foreign institutional investors (FIIs) could be looking to book some profits in the coming days. The reason: valuatio…
The Southward journey may continue
Posted on: May 25th 2009 in Market Outlook.
The outlook continues to remain a bit cautious for the coming days as Tuesday saw markets taking a breather. In addition, the global economic slowdown, sluggish local economy, ballooning fiscal deficit continue to remain as headwinds. Markets witnessed a sharp sell off on Tuesday ahead o…
Buy Ambika Cotton Mills – Call closed – 148% returns as on 09-04-10
Posted on: May 24th 2009 in Investment Ideas.
CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Buy Ambika Cotton mills. Current market price: 74.90. Long term target: 149.80. Book value: 189.30. P/E ratio: 3.57 The Company’s principal activity is to manufactur…
FIIs pump back one-third of last year’s outflows
Posted on: May 24th 2009 in Market News.
With foreign institutional investors (FII) turning their attention back to the Indian stock market, about one-third of the total outflows witnessed last year have already made its way into bourses so far this year. After pulling out a hefty Rs 52,987 crore from the Indian stock markets i…
No country for small investors!
Posted on: May 24th 2009 in Stock Views.
In a country where the ‘aam admi’ almost invariably gets a raw deal, Midas Touch Investors Association stands out as an exception. The Kanpur-based NGO has long championed the cause of small investors. It fought on their behalf against ‘vanishing companies’ (companies that took in…
Latest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis