FII and DII activity that was seen on Monday, May 25, 2009 is shown below. The report shows that FII were net buyer of Rs 427.97 crore where as DII saw selling of Rs 197.68 crore.
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Transformers and Rectifiers India Ltd (TRIL) will start production at its Moraiya plant near Ahmedabad from June 2009. The company said that they will more-than-tripling capacity to 23,200 MVA in FY10.
"We will start production next month; first year we are expecting 3,000 to 4,000 MVA from that plant, next year around 10,000 MVA," Jitendra Mamtora, chairman and managing director said.
The new plant will make transformers of above 220 kV class and the company had earmarked more ...
Last Trading Session: On Friday market closed with a positive tone and still looks up as it has created a new support of 13600 for sensex.
Today: Indian Stock Market is expected to open flat with positive tone. But one should not initiate any long position unless market cross level of 14000. Till than one should remain cautions as we will see high intraday volatility. Also this week is F&O expiry ...
The intra-day volatility is very high at present in the market. This is due to the absence of some clear market direction at this moment.
The medium to long-term outlook seems to be brighter now as the election verdict came for a more stable government that can take the reform process further ahead.
The derivative expiry in the coming week would also add to the volatility in the market.
Some important economic data will also play an important role in this regard. The market will wait for the full FY09 and Q4FY09 GDP numbers on ...
Anil Dhirubhai Ambani group company, Reliance Infrastructure Ltd board will meet on Sunday to consider issuing up to 43 million preferential shares to its founders and other investors to raise funds, the company said late on Friday.
The allotment will be against an equal number of warrants issued to one of its founder firms earlier this year, which are convertible into equity shares by July 19 at 1,822 rupees each.
Reliance Infrastructure is a power utility and also has interests in engineering and construction....
India's software exports suffered a severe slow down in March. Sources said that India’s software exports have declined by 96.6 per cent to one million dollar from the year-ago period due to recession in world's major economies like the US and the Europe.
Exports, which form a sizeable chunk of the software industry, were down to one million dollar in March from 29 million dollar in the same month last year, according to Commerce Ministry data. ...
RBI governor D Subbarao said at a financial management seminar on Friday that the heavy borrowing program of the government has reduced the space for keeping interest rates low in the economy.
The new finance minister will have a difficult time convincing the Reserve Bank (RBI) to expand the fiscal deficit to spur spending in the economy.
At the same time the governor acknowledged there was a need for the government to spend more to push growth. "The first order of economic business for the new government ...
Indian largest state run power producer, NTPC (National thermal power corporation) announced its quarterly results of Jan-March 09 quarter. NTPC reported a increase of 58% in net profits. The company announced that its net profits were Rs 2113 crore as compared to Rs 1339 crore, the same quarter previous year.
The net sales rose to Rs 11446 crore for the Jan- March 09 quarter as compared to Rs 10744 crore previous year.
Yesterday: Indian stock market opened in a negative zone and went up slowly. Again in the afternoon session, it went down and broke it’s important support of 4244 for Nifty.
Today: Indian stock market is expected to open flat and we are expect more profit booking may be on the card.
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FII and DII activity that was seen on Thursday, May 21, 2009 is shown below. The report shows that FII were net seller of Rs 2.14 crore where as DII saw selling of Rs 371.48 crore.
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Yesterday: As expected by EquityPandit.com, Indian Stock Market opened sharply lower and shoot up smartly. But again at higher level profit booking drag down the market substantially.
Today: Indian Stock Market will likely to open flat with a negative tone. It would be interesting to see whether nifty would break its important support of 4244. Day traders, be cautious!
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FII and DII activity that was seen on Wednesday, May 20, 2009 is shown below. The report shows that FII were net seller of Rs 985.53 crore where as DII saw buying of Rs 4.99 crore.
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Yesterday: As predicted by EquityPandit.com, Indian Stock market opened up and went down sharply by 450 points due to profit booking after which it went up by almost 650 points and closed almost flat.
Today: Indian Stock Market is expected to open in a negative zone we may see some selling pressure but still we will see stock specific moves in a particular script....
FII and DII activity that was seen on Tuesday, May 19, 2009 is shown below. The report shows that FII has done huge amount of buying as FII were net buyer of Rs 4792.56 crore where as DII saw selling of Rs 1964.19 crore.
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Yesterday: As EquityPandit.com Predicted beforehand in its advice Advice for – Monday, May 18, 2009, Indian Stock Market went into upper circuit on opening with up movement of 15%. At 11:55 AM when market re-opened, again after 30 seconds it went in upper circuit with upmove of 20%. Market was halted for the day at 11:56 AM.
Today:...
