Quotes with Resistance & Support
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Buy Patel Engg, target of Rs 550: Fairwealth Sec

Posted on: June 10th 2009 in Brokerage Recommendations.

Fairwealth Securities has maintained its buy rating on Patel Engineering with a price target of Rs 550 in its report dated June 8, 2009. “Patel Engineeringn(PE) registered steady growth in 3QFY2009. Consolidated Sales of the comp…

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Stock market seems to be quite bullish: says FM

Posted on: June 10th 2009 in Market News.

I hope that the impact of various pro-growth measures would help to turn around the economy soon: FM Following is the text of speech of Finance Minister Shri Pranab Mukherjee at the meeting of Chief Executives of Public Sector Banks/Financial Institutions. “I am pleased to meet you al…

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India is now flooded with $1 bn per week

Posted on: June 7th 2009 in Press Releases.

After six months of financial drought, global money is flooding into India at the rate of $1 billion a week. If sustained, this will be the mother of all financial stimuli, eclipsing the finance minister’s budgetary endeavours. The dollar flood is not due to the Congress election victor…

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