Yesterday: Indian Stock market went up but profit booking was seen at level of around 15000 for sensex, which is a strong resistive zone.
Today: Indian Stock Market is expected to open positive and may cross the level of 15000 for Sensex. If market sustain above that level, than we will soon see next level of 15500 for sensex....
FII and DII activity that was seen on Monday, June 29, 2009 is shown below. The report shows that FII were net buyer of Rs 292.44 crore where as DII saw buying of Rs 143.84 crore.
...
Last Trading Session: As we said, Sensex closed up by around 416 points on last Friday.
Today: Now Indian Stock Market is expected to see positive trends till the budget. We would suggest all to remain invested. Some downtrend may be seen but overall market looks up till budget and until Nifty breaches 4250 towards downside. Our target for Nifty till Budget is 4600....
Fundamentals of Stock Market: Tutorial-4
Introduction to technical analysis
Earlier as we mentioned there are two methods to determine the price of stock: fundamental analysis and ...
India: BSE Sensex, rebounded about 1.7% last week as expectations from the budget is on height. EquityPandit.com expects Indian Stock Market to see positive trends till budget as the strong resistance of 14600 has been breached.
Other Asian Market: Key indices of Hong King, China and Singapore also lead the package of gainers as government stimulus is likely showing some impact in the emerging markets ...
Tata Steel Ltd, declared its result on Thursday which missed forecasts with a 60 percent drop in consolidated net profit for the fiscal year ended March and said 2,045 jobs in Europe units were at risk.
Tata Steel reported a net profit after minority interest and share of profit of associates of 49.5 billion rupees ($1.02 billion) in 2008/09, compared to a consolidated net profit of 123.5 billion rupees reported a year ago.
Consolidated net sales for the year rose to 1.46 trillion rupees from 1.31 trillion rupees reported a year earlier.
That compared with a forecast for net profit of 84.23 billion ...
The net profit of TVS Motor company remained flat at Rs 31.08 crore in the year ended March 31, 2009 ( on stand alone basis) against Rs 31.77 crore in the previous year. Net sales increased by 14 per cent to Rs 3670.92 crore ( Rs 3219.50 crore). Other operating income came to Rs 65.75 crore ( Rs 50.71 crore) and other income Rs 3.02 crore ( Rs 21.20 crore).
The board, which met at Hosur on Friday, declared an interim dividend of Rs 0.70 per share absorbing Rs 19.46 crore.
The consolidated results which included that of subsidiaries and associates\JVs showed a loss of Rs ...
Glenmark Pharmaceuticals on Friday said its consolidated net profit for the financial year ended March 2009 stood at Rs 193.47 crore, while it had a consolidated net profit of Rs 632.11 crore in the same period ended March 2008.
"The net profit figures are not comparable due to out-licensing revenue received in the last financial year 07-08 amounting to Rs 240.27 crore and one time write offs taken in this financial year 08-09," Glenmark Pharma said in a filing to the Bombay Stock ...
Tata Motors reported its first annual loss in eight years as it was hit by weak demand and losses at the Jaguar and Land Rover unit it bought in 2008.The firm, which controls 60 percent of the world's fifth-biggest truck and bus market, said it was looked to cut costs. Tata Motors said Jaguar Land Rover unit posted a net loss of 281 million pounds ($463 million) in the 10 months of the fiscal year to March 2009
Tata Motors reported a consolidated net loss for the year to March 2009 of 25.05 billion rupees ($520 million) versus net profit of 21.68 billion rupees a ...
FII and DII activity that was seen on Friday, June 26, 2009 is shown below. The report shows that FII were net buyer of Rs 551.14 crore where as DII saw buying of Rs 333.95 crore.
...
Yesterday: Indian Stock Market closed down by 77 points for Sensex, mainly due to FII selling of about 1800 cr.
Today: Indian Stock Market is expected to open flat with a positive bias. It would be very important to see how new F&O series will start and one has to be very careful as all the eyes are now set on budget and also on monsoon....
FII and DII activity that was seen on Thursday, June 25, 2009 is shown below. The report shows that FII were net seller of Rs 1482.82 crore where as DII saw buying of Rs 1118.05 crore.
...
Investor Jim Rogers said on Thursday that he sees prolonged economic problems and while he did not see much worth buying, he is not shorting any assets either. He repeated a previous comment that he is selling his U.S. dollars and that commodities were the best investment bet. Where stock markets are not worth for buying.
"I have no shorts for one of the first times in my life," Rogers, a co-founder with George Soros ...
According to legendary investor US economy had no bounce. The financial system was really where the crisis was last September and October, and that's been surmounted and that's enormously important. But in terms of the economy coming back, it takes a while. There were a lot of excesses to be wrung out and that process is still underway and it looks to me like it will be underway for quite a while. In the (Berkshire Hathaway) annual report I said the economy would be in a shambles this year and probably well beyond. I'm afraid that's true....
No. of times issue is subscribed (BSE + NSE)...
