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Indian Stock market closed for a day, hits upper circuit of 20%

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on May 18, 2009 at 12:04 pm
Indian stock market opened in morning with upper circuit of 15% and was declared halted for 2 hours. Market was assumed to open at 11:55 AM.    Market opened for 1 minute at 11:55 AM and hit the upper circuit of 20% and was declared closed for today.   By the end of today's trading session:...

Indian Stock Market opened with upper circuit, will re-open by 11:55 AM

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 10:08 am
As predicted by EquityPandit.com in its advice in morning Advice for – Monday, May 18, 2009 , Indian Stock market entered into upper circuit on opening.   Now Indian Stock Market is halted for the day. See our Post Indian Stock market closed for a day, hits upper circuit of 20% .   Now Market would ...

Advice for – Monday, May 18, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:01 am
Last Week: Indian Stock Market remained up on the last trading day on the as market predicted for some coalition coming in power with majority whether its UPA or NDA.   Today: Indian Stock Market will open with a positive note as UPA Government came in power with majority and especially without left. Market is assume to open for 1-2 minutes and then may go into circuit, ...

Analysis: Sensex to rise 1000-1200 points in next 2-3 days

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on May 17, 2009 at 8:17 pm
EquityPandit.com expects Indian stock market to see sharp uptrend on Monday because of the clear election victory of the ruling coalition would lead to a strong and stable government that would accelerate the pace of economic reform. The rupee is expected to strengthen past 49 per dollar and bond yields are set to fall as the outcome should be encourage foreign investors and sharply lowers the risk of instability leading to a ratings downgrade. Prime Minister Manmohan ...

Live Indian Lok Sabha Election Results updates

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on May 16, 2009 at 3:25 pm
Check the live Indian Lok Sabha Election Final Results here: Indian Lok Sabha Election Result...

Changes made in Global monitory policy to fight recession

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on May 15, 2009 at 11:38 pm
Recession is likely to be over, and coming forward is slow and steady growth. According to EquityPandit.com prediction and analysis this sharp growth is not accepted and not sustainable. Sharp growth after this type of terrific recession is not acceptable.  Economy should recover in steady way. EquityPandit.com feels market to go down again after a small rally towards north and start to recover slowly and steadily from point.   In addition to global stimulus packages declared, countries also made some changes ...

Advice for – Friday, May 15, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:45 am
  Yesterday: Indian Stock Market remained in consolidation phase yesterday. Market opened up sharply lower and later during the session, it recover from that low and closed above 11850.   Today: Indian Stock Market will open with a positive note due to positive global cues we may see sensex touching 12000 mark and may go ...

DLF aims to raise Rs 100 billion from asset sales in 3 years

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on May 14, 2009 at 8:53 pm
Indian Real Estate major, DLF Ltd, plans to raise 100 billion rupees ($2 billion) over the period of next 3 years from asset sales as the cash-strapped builder strives to cut its debt. "This includes the 55 billion rupees we have talked about and in the coming three years we will be raising 45 billion rupees more," Sanjey Roy, a senior general manager, said on Thursday. DLF had announced earlier this month that it had net debt of 139.58 billion rupees at the end ...

FII and DII Activity on Thursday, May 14, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:18 pm
FII and DII activity that was seen on Thursday, May 14, 2009 is shown below. The report shows that FII were net seller of Rs 301.92 crore where as DII saw buying of Rs 254.3 crore.    ...

Advice for – Thursday, May 14, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:37 am
Yesterday: Sensex witnessed fluctuating day as expected. It went down sharply in the second half of the trading session.   Today: Indian Stock Market will likely to open in red due to weak global cues and if nifty would hold the level of 3550 than we may see some upward movement in the second half of the session. Sensex has to cross above 12300 to get ...

India adds 8.97 million subscribers in April

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on May 13, 2009 at 9:01 pm
Indian GSM mobile operators added 8.97 million subscribers to their networks in April, taking total GSM subscribers to 297.7 million, according to data released by the Cellular Operators' Association of India. This was lower than a 10.8 million GSM users added in the previous month, mainly due to lower subscriber additions by state-run Bharat Sanchar Nigam that added 1.04 million mobile customers in April, down from 2.5 million in March. The data does not include Reliance Communications Ltd, India's second-largest mobile operator, which reports figures separately. ...

How to apply, get and pay student loans in best way ?

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:59 pm
Higher study is one of the most important aspects to achieve the platform where you want to go. Every student has some dreams and using the higher studies you can fulfill all of your dreams. Today the multinational companies have been expanding their business rapidly and for better results, they need a large number of manpower. But they need the manpower to be highly qualified. Highly qualified person is more productive towards their work. So it is the demand of most of the companies. Other companies are also upgrading their level and searching for only those students who are highly qualified.Now if ...

Instanex FII Index on Wednesday, May 13, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:53 pm
INSTANEX: At Close, DIIs seem to have sold while FIIs seem to be quite, the Instanex DII 15 portfolio was down 1.28% (-1.22% at 3 pm) and the Instanex FII Index was down 0.73% at 267.43 (-0.63% at 3 pm). Nifty was down 1.25% (-1.16% at 3 pm) and Sensex was down 1.14% (-1.00% at 3 pm). The other Instanex Ownership Indices were also down – the Instanex Retail 15 portfolio was down 1.49% (-1.59% at 3 pm), the Instanex Promoter 15 portfolio was down 1.44% (-1.40% at 3 pm) and the Instanex Top 15 portfolio was down 1.29% (-1.28% at 3 pm). However,  ...

SBI slashes deposit rates for third time in 40 days

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:28 pm
State Bank of India, India's largest bank, announced that it will cut interest rates on deposits by up to 50 basis points from May 18 across all maturities. A six-month deposit will now fetch 5.5%, while a one-year deposit will fetch 7.25% versus the 7.5% earlier. And, the much-advertised 1,000-day deposit will earn 7.75% versus the 8% currently. This is the third cut from SBI in the last 40 days, which clearly indicates that SBI was paying much above than other PSU banks that ...

FII and DII Activity on Wednesday, May 13, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:10 pm
FII and DII activity that was seen on Wednesday, May 13, 2009 is shown below. The report shows that FII had done a huge amount of buying today. FII were net buyer of Rs 4106.96 crore where as DII saw buying of Rs 105.73 crore.    ...



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