Yesterday: Indian Stock Market fluctuated in the first half but recovered sharply in the second half mainly led by Power & Consumer good sectors.
Today: Indian Stock Market is expected to open in positive zone. We will see some short covering so upside trend would be there. Market still looks good. If Nifty breaches level of 4351 ...
What should the government do to tackle a possible failure of monsoon? Agriculture Secretaries of states that have not received rainfall will meet Union Agriculture Secretary tomorrow and search for answers.About 60 per cent of the total affected area of 140 million hectare is rain fed, while the rest is irrigated. Southwest monsoon, which had brought cheer to the farming community due to its early onset on May 23, had stopped in its tracks over Konkan region of Maharashtra on June 7.
Union Agriculture Secretary T Nanda Kumar will hold discussions with Agriculture Secretaries of states like Maharashtra, Karnataka, Madhya Pradesh, Orissa, Bihar, Jharkhand and Chhattisgarh on how to ...
The Securities and Exchange Board of India (Sebi) is considering a proposal, whereby all qualified institutional buyers (QIBs) soon will have to pay an upfront margin of 25% while bidding for initial public offerings, against the current level of 10%.
Already, the regulator has said secure investors will have to make a 25% upfront payment while bidding for an IPO. The only difference would be that anchor investors
would get a firm allotment while QIBs will get a proportionate allotment based on the number of times an issue is oversubscribed....
India’s largest oil producer, ONGC disappointed analysts after it reported a fall in sales and net profit for the fourth quarter. However, it still continues to be the country’s top profit earner in FY 09 despite higher subsidy burden for the whole year.
ONGC posted a 16% fall in its fourth quarter profit at Rs 2,207 crore due to fall in its crude oil production and lower realizations. Net sales fell by 12% to Rs 13,834 crore.
Its subsidy burden for the last quarter came down substantially, as expected, to Rs 852 crore. However, for the whole year, the company shared 28% higher subsidy at Rs 28,225 ...
Yesterday: As we said, Indian stock market is opened in a big negative zone and recovered sharply mainly due to short covering.
Today: Indian Stock Market is expected to open flat and should trade in a positive zone till it holds 4150. But one should be very cautions right as now monsoon can be a big obstacle for the market and weak market would crack for another 5-8% but till ...
After Bombay High Court judgment, the Anil Ambani group firm has asked the other side for talks to a way forward to firm up an agreement.
But RIL is yet to agree for a discussion on the grounds that it is studying the implication of the judgment.
Sources said RNRL has written a letter to Mukesh Ambani- run RIL seeking time and date for talks on the agreement.
The Bombay High Court had lined that RIL should honor its commitment in the family split agreement to supply gas to RNRL. The terms, as per the MoU which split the Dhirubhai Ambani Empire in 2005, were to be based on RIL's bid for ...
FII and DII activity that was seen on Tuesday, June 23, 2009 is shown below. The report shows that FII were net seller of Rs 654.97 crore where as DII saw buying of Rs 318.42 crore.
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Yesterday: As we predicted, Indian Stock Market opened with a positive gap but corrected sharply in the afternoon session led by reliance & ONGC and closed down almost 200 pts.
Today: Indian Stock Market is expected to open in a wide negative zone almost 50-60 points down on the Nifty. But we feel that one should start buying now for a time frame of one month and we are sure ...
Last Trading Session: As we predicted, Indian Stock Market opened with a positive gap even though global markets in the red mainly due to short covering before F&O. Indian Stock Market closed positive on Friday.
Today: Indian Stock Market is expected to open positive with around 100+ points and we believe that one should go long as far as nifty holds 4200....
Mahindra Holidays and Resorts India Ltd IPO opens on June 23, 2009 to June 26, 2009.
Mahindra Holidays and Resorts' initial public offer (IPO) will open on Tuesday. The company had initially filed offer documents in December, 2007 but did not proceed due to unfavorable market conditions. There have been revived efforts for IPO by refilling draft offer documents with SEBI on September 30, 2008. ...
Two months after taking over scam-tainted Satyam Computer Services, Tech Mahindra today renamed the IT major as Mahindra Satyam. The logo will be adopted from the Mahindra Group. “This strategic move paves the way for the emergence of a robust brand, which draws from the core values of the Mahindra group and the inherent strength of the Satyam brand,” said a company statement here Sunday evening.
“Customer centricity, high standards of corporate governance, unimpeachable ethics form the cornerstones of the Mahindra Group,” said Mahindra Group vice chairman and managing director Anand Mahindra.
“This rebranding exercise symbolizes an merger of the Mahindra Group’s values with Satyam’s ...
Fundamentals of Stock Market: Tutorial-3
Types of Analysis:
The methods used to analyze securities and make investment decisions fall into two very broad categories: fundamental analysis and technical analysis. Fundamental analysis involves analyzing the characteristics of a company in order to estimate its value. Technical analysis takes a completely different approach; it doesn't care one bit ...
Many times it has been seen that the National Stock Exchange (NSE) benchmark index, closes in the positive while the Bombay Stock Exchange (BSE) benchmark index, the Sensex, in the negative or vice a versa. Out of the 98 trading sessions in the current calendar year till 22 April 2009, the Sensex and the Nifty closed in different territories on five to six occasions: one in the red and the others in the green.One of the major reasons for this anomaly is the fact that both the indices follow different methodologies for calculation of index values. The Nifty is based on full market-capitalisation weightage, while the Sensex follows the free-float market-capitalisation methodology....
FII and DII activity that was seen on Friday, June 19, 2009 is shown below. The report shows that FII were net seller of Rs 29.08 crore where as DII saw buying of Rs 413.2 crore.
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Yesterday: As we said market open flat and went up even though global markets were in red. But again at higher level shorts came into picture which drag down the market and market lost almost 250 points.
Today: Indian Stock Market is expected to open positive but we have doubt whether these levels are sustainable or ...
