Over 400 companies have doubled their share prices from 1-year low. Real Estate companies are on a front roll. In less than two months since the sensex hit rock bottom in 2009 on March 09, the price of six realty stocks on the BSE have more than doubled:
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INSTANEX: At close, FII seem to have sold, the Instanex FII Index was down 2.07% at 260.89 (-2.43% at 3 pm) outperforming Sensex which was down 1.98% (-2.42% at 3 pm) and Nifty which was down 1.72% (-2.19% at 3 pm). The Instanex DII 15 portfolio was down 1.58% (-1.95% at 3 pm) indicated that they were not sellers in this rally. The other Instanex Ownership Indices were also down – the Instanex Retail 15 portfolio was down 1.42% (-1.78% at 3 pm), the Instanex Promoter 15 portfolio was down 1.24% (-1.63% at 3 pm) and the Instanex Top 15 portfolio was down 1.10% (-1.50% at 3 pm). ...
India's largest power generator NTPC is to fund its ongoing capacity addition of 22,430 MW.
NTPC plans to raise Rs 11,330 crore in 2009-10. Of this, NTPC has tied up a Rs 8,500 crore loan at a floating rate of interest with the SBI and it will be used during 2009-10 and thereafter. The loan will come in trenches and will be utilized in three to seven years.
This is the major rupee loan deal finalized by NTPC with SBI after ...
FII and DII activity that was seen on Friday, May 08, 2009 is shown below. The report shows that FII were net seller of Rs 100.89 crore and DII saw selling of Rs 89.39 crore.
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India's Inflation rose to 0.70% for the week ended April 25, 2009, above the previous week's Inflation of 0.57%, government data showed on Friday.
The annual inflation rate was 8.27 percent during the corresponding week of the previous year.
The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is released weekly.
The country's largest real estate firm, DLF, may have to pay Rs 400 crore in additional tax following a special audit of its books for the assessment year 2005-06 by the income-tax department.
The claim stems from a switch by DLF since AY2005-06 from tax calculation based on the percentage of completion method (PoCM) from the earlier conveyancing method, according to norms prescribed by Institute of Chartered Accountants of India (ICAI) for construction and real estate companies.
DLF said it was confident that the ...
Yesterday: Indian Stock Market was seen range bound as market moved within a specific band.
Today: Indian Stock Market will likely to open in the negative zone due to weak global cues but still we feel that one should buy on every dip. Market would see particular direction only after the the results of the election get declared. Till the time Market would be seen rangebound....
FII and DII activity that was seen on Thursday, May 07, 2009 is shown below. The report shows that FII were net buyer of Rs 388.33 crore where as DII saw buying of Rs 42.4 crore.
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Tata Group Company, Tata Housing Development Co, an unlisted group firm with a turnover of 1 billion rupees, launched a low-cost housing project near Mumbai, joining a spate of Indian developers that have moved to the affordable housing segment.
Tata Housing Development Co, said it was planning a 1,200-unit township at Boisar on the outskirts of Mumbai, and will sell apartments at prices ranging between 390,000 rupees and 670,000 rupees and the apartment size will range between 283 sq ft to 465 sq ft each.
In the first phase, it will develop 1,000 units and sell these in association with State ...
Yesterday: The Indian Stock Market broke the major support of 12000 mark and closed below that support level.
Today: The Indian Stock Market is expected to open a higher due to positive global cues but we must remember election results are nearer so market will see some sideways movements with a positive bias.
Note:...
FII and DII activity that was seen on Wednesday, May 06, 2009 is shown below. The report shows that FII were net buyer of Rs 530.92 crore where as DII saw selling of Rs 28.26 crore.
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Yesterday: Indian Stock Market went down sharply and recovered from it’s major support level of 12000.
Today: Still Indian Stock Market looks up but at every upmove, more and more profit booking would be seen.
Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling ...
FII and DII activity that was seen on Tuesday, May 05, 2009 is shown below. The report shows that FII were net buyer of Rs 508.51 crore where as DII saw selling of Rs 129.85 crore.
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Strides Arcolab Ltd said on Tuesday it has started commercial supplies of oseltamivir capsules, a generic of Roche's Tamiflu anti-viral drug that has been shown to work against the H1N1 flu, to various countries.
Bangalore-based Strides is one of the few manufacturers in India approved to make the generic equivalent of Roche's Tamiflu.
It gearing up to produce more than 2 million doses of the generic drug per month from June, it said in a statement.
Yesterday: As per EquityPandit.com prediction, Indian Stock Market opened gap up. Market surprised everybody as it closed above all resistance levels and stayed above 12000 mark for sensex, Thanks to huge FII buying worth Rs 1400 crore in a single day.
Today: Indian Stock Market would open gap up but some profit booking is expected in the later session of the day....
