Friday, June 11, 2010
सेन्सेक्स (17064.95) 142.87 अंक चढ्कर, नीफ़्टी (5113.15) 34.55 अंक चढ्कर, बंद..
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European market update: FTSE index up 0.2%, CAC index up 0.4%, DAX index flat.
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IIP for April Jumps to 17.4 % reports
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Long JP Associate June Future at Rs 124.70 with SL Rs122 for a Target of Rs131
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Book partial profit in RIIL
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Long Unitech June Future at Rs 70.50 with SL Rs69 for a Target of Rs73.50
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Re-iterate Buy on RIIL at Rs769 with Sl of Rs758 for target of Rs790
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FIIs were net buyers of Rs2.45bn in the cash segment on Thursday on a provisional basis, according to the NSE data. The local institutions were net sellers at Rs1.05bn on the same day. In the F&O segment, the foreign funds were net buyers of Rs4.4bn. On Wednesday, FIIs were net sellers of Rs17mn in the cash segment, as per SEBI data. Mutual Funds were net buyers at Rs2.31bn on the same day.
Corporate Snippets
Bharti Airtel has announced an extension of its managed services portfolio by entering into a strategic relationship with VMware. (BL)
Infosys BPO will look for acquisitions in Europe and Africa this year. (BL)
The Metallurgical, Material Handling & Water Operating Company of Larsen & Toubro has secured orders totaling Rs7.5bn. (BL)
Wipro and automobile and parts distribution specialist TV Sundram Iyengar & Sons have signed a 10-year total outsourcing contract. (BL)
Reliance Power is buying out two coal companies in Indonesia. (BL)
HCC has sold 74% stake in a commercial building to IL&FS Milestone Fund for Rs5.8bn. (ET)
JSW Energy may pick up 70% in South Africa-based Indian Ocean Mining. (ET)
Infosys BPO will look for acquisitions in Europe and Africa this year. (BL)
The Metallurgical, Material Handling & Water Operating Company of Larsen & Toubro has secured orders totaling Rs7.5bn. (BL)
Wipro and automobile and parts distribution specialist TV Sundram Iyengar & Sons have signed a 10-year total outsourcing contract. (BL)
Reliance Power is buying out two coal companies in Indonesia. (BL)
HCC has sold 74% stake in a commercial building to IL&FS Milestone Fund for Rs5.8bn. (ET)
JSW Energy may pick up 70% in South Africa-based Indian Ocean Mining. (ET)
Thursday, June 10, 2010
सेन्सेक्स (16922.08) 264.19 अंक चढ्कर, नीफ़्टी (5078.60) 78.30 अंक चढ्कर, बंद..
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European Market Update: FTSE down 0.8%, DAX down 0.4% and CAC down 0.7%
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BUY Nifty June Futs at ( 5029 ) with SL of (5010 ) for target of (5060)
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Short BHEL June Futs at Rs2304 with SL of Rs2320 for target of Rs2270, 2260
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Corporate Snippets
Reliance Industries is likely to enter the telecom space when the opportunity arises. (ET)
S&P lowers Bharti long-term corporate credit rating to BB+ from BBB-. (BS)
Reliance Power buys three mines of the Sugico group in Indonesia. (ET)
Bharti Airtel to set up separate tower companies in each of the African nations where it is present. (ET)
Fortis Healthcare board gives nod to raise Rs27.5bn through fresh issue of securities and also increase its borrowing limit to Rs60bn. (ET)
Power Grid may sell 20% to public that could raise Rs80bn, which may be equally split between the government and the company. (ET)
S&P lowers Bharti long-term corporate credit rating to BB+ from BBB-. (BS)
Reliance Power buys three mines of the Sugico group in Indonesia. (ET)
Bharti Airtel to set up separate tower companies in each of the African nations where it is present. (ET)
Fortis Healthcare board gives nod to raise Rs27.5bn through fresh issue of securities and also increase its borrowing limit to Rs60bn. (ET)
Power Grid may sell 20% to public that could raise Rs80bn, which may be equally split between the government and the company. (ET)
Wednesday, June 9, 2010
सेन्सेक्स (16657.89) 40.79 अंक चढ्कर, नीफ़्टी (5000.30) 13.20 अंक चढ्कर, बंद..
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European markets update: FTSE Index up 0.49%, CAC Index up 0.87% and DAX Index up 0.76%
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Our call on zZZOOOoooooooooooom ..STER at 630+++
our call on
STER at 633
DELIVERY HOLD
TARGET 650,677 & 700++
save this message
STER at 633
DELIVERY HOLD
TARGET 650,677 & 700++
save this message
Intraday Traders BOOK PROFIT at 618
Trail SL in Tata Motors to cost and trade safe now
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Corporate Snippets
Reliance Industries got a year’s extension for its SEZs in Haryana and Navi Mumbai. (BS)
Hindustan Unilever intends to dramatically increase its rural distribution reach. (BL)
Tata Steel said its subsidiary, Tata Steel Global Mineral Holdings, has raised its stake to 27.4% from 19.9% in Canada's iron ore explorer New Millennium Capital Corp. (FE)
Hindalco expects domestic demand to post a double-digit growth in the current financial year. (BS)
Hindalco Industries plans to borrow about Rs140bn in the next couple of years to build two new plants. (ET)
Tata Power plans to add 750MW during 2010-11. (BS)
Hindustan Unilever intends to dramatically increase its rural distribution reach. (BL)
Tata Steel said its subsidiary, Tata Steel Global Mineral Holdings, has raised its stake to 27.4% from 19.9% in Canada's iron ore explorer New Millennium Capital Corp. (FE)
Hindalco expects domestic demand to post a double-digit growth in the current financial year. (BS)
Hindalco Industries plans to borrow about Rs140bn in the next couple of years to build two new plants. (ET)
Tata Power plans to add 750MW during 2010-11. (BS)
Tuesday, June 8, 2010
सेन्सेक्स (16617.10) -163.97 अंक गिरकर, नीफ़्टी (4987.10) - 46.90 अंक गिरकर, बंद.
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BOOK PROFIT -BHUSHANSTEEL
SELL CALL BANG ON TARGET...............
Excellent performance
of our recommendation
of our recommendation
Our SELL NIFTY SELL CALL BANG ON TARGET
SELL CALL GIVEN AT 5014
BANG ON TARGET
JUST IN FEW MINTS.....
TARGET ACHIEVED
INTRA DAY TRADERS BOOK PROFIT............
BANG ON TARGET
Excellent performance
of our INTRADAY recommendation
TARGET ACHIEVED
INTRA DAY TRADERS BOOK PROFIT............
Intraday: Sell Nifty at 5014 and above...sl 5044
Sell Nifty at 5014 and above...
sl 5044 Intraday TARGET
5001, 4990 and below...
support 4984 ... High risk traders
hold for 4880 ....
sl 5044 Intraday TARGET
5001, 4990 and below...
support 4984 ... High risk traders
hold for 4880 ....
European market update: FTSE, DAX and CAC index trading flat
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High risk traders:
BOOK PROFIT IN
INTRADAY BUY
NIFTY AT 5049.90
EXIT MARKET NOT LOOKING GOOD
WAIT FOR SELL NIFTY CALL....
INTRADAY BUY
NIFTY AT 5049.90
EXIT MARKET NOT LOOKING GOOD
WAIT FOR SELL NIFTY CALL....
BUY DLF June future at 268.5 With SL at 263.50 for a Target of 278.50
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Buy and Hold Mcdowell at Rs1247 with SL of Rs1237 for target of Rs1275
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Corporate Snippets
Cairn India to commission its 590km heated crude oil pipeline, from its Barmer field near the Gujarat coast in early next month. (BS)
Tata Steel has bought an additional stake in Canadian mining firm New Millennium Capital for around Rs892mn raising its stake to 27.4%. (ET)
NTPC has readied a war chest of around Rs1,600bn for the next five years even as it closes in on a coal mine in Western Australia to source fuel for its power projects. (BL)
SpiceJet has applied afresh for permission to operate in the growing route of Colombo. (BS)
GSPC through its subsidiary GSPC Gas Company Limited has reached to around 1,50,000 PNG domestic customers as well as daily gas sale of 3 mmscmd in the Gujarat. (BL)
Tata Steel has bought an additional stake in Canadian mining firm New Millennium Capital for around Rs892mn raising its stake to 27.4%. (ET)
NTPC has readied a war chest of around Rs1,600bn for the next five years even as it closes in on a coal mine in Western Australia to source fuel for its power projects. (BL)
SpiceJet has applied afresh for permission to operate in the growing route of Colombo. (BS)
GSPC through its subsidiary GSPC Gas Company Limited has reached to around 1,50,000 PNG domestic customers as well as daily gas sale of 3 mmscmd in the Gujarat. (BL)
Monday, June 7, 2010
सेन्सेक्स (16781.07) -336.62 अंक गिरकर, नीफ़्टी (5034.00) -101.50 अंक गिरकर, बंद.
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European market update: FTSE index down 1%, DAX index down 1.1%, CAC index down 1.7%
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Corporate Snippets
Reliance Industries may foray into nuclear energy after being freed from a non-compete agreement with the ADAG that barred it from investing in some businesses. (ET)
Fortis Healthcare may avoid a hurried response to counter Malaysian investment fund Khazanah’s bid to acquire management control over Parkway Holdings. (BS)
Tech Mahindra to focus more on the Middle East and African market, in talks with three-four African telecom companies for large contracts. (BS)
Reliance Communications has granted an in-principle approval to the sale of 26% stake in the company to strategic or PE investors; however, it did not name any buyer or give a timeframe for the proposed sale. (BL)
AT&T is in talks with Reliance Communications to buy a shade under 15% stake. (DNA)
Fortis Healthcare may avoid a hurried response to counter Malaysian investment fund Khazanah’s bid to acquire management control over Parkway Holdings. (BS)
Tech Mahindra to focus more on the Middle East and African market, in talks with three-four African telecom companies for large contracts. (BS)
Reliance Communications has granted an in-principle approval to the sale of 26% stake in the company to strategic or PE investors; however, it did not name any buyer or give a timeframe for the proposed sale. (BL)
AT&T is in talks with Reliance Communications to buy a shade under 15% stake. (DNA)
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