Tuesday, February 2, 2010
GVK Power and Infrastructure has managed to arrange Rs24bn funding for its 540MW Goindwal Sahib power plant in Punjab.
The country's top three IT services firms - TCS, Infosys and Wipro - are in the race for the Rs 1bn e-migrate project under the ministry of overseas I
NTPC plans to add 4,150MW in FY11. (BL)
FIIs were net sellers in the cash segment on Monday at Rs4.94bn on a provisional basis. The local funds were net buyers of Rs1.99bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs7.37bn. As per SEBI figures, the FIIs were net buyers of Rs1.97bn in the cash segment on Friday. Mutual Funds were net buyers of Rs6.36bn in the cash segment on the same day.
Pre Market Commentary ...
Today we expect a healthy start on the back of firm global cues. The key indices may run out of steam if global markets fail to sustain Monday’s rise. The broader market resumed its out-performance of large caps and might extend the same. But, be extremely careful of what you are buying. With some improvement in sentiment, the Nifty may once again target 5000 but will face bumps along the way. Fresh selling is not ruled out at higher levels amid mounting external worries.
The health of the Indian economy seems to be getting better by the day if the latest reports on manufacturing and foreign trade are any indication. Hopefully, the wealth will also follow likewise on the bourses. Auto sales remain on the fast track, underscoring a pick-up in consumer confidence. The only drag is a sub-par credit growth and dwindling tax receipts. Hopefully, they will also start improving in the coming months. That will partly hinge on the Government action or lack of it, if any. Budget should make things amply clear as far as the policy roadmap is concerned. Till then, the market may remain sideways and volatile.
Monday, February 1, 2010
सेन्सेक्स (16356.03) -1.93 अंक गिरक, नीफ़्टी (4899.70) 17.65 अंक चढ्कर, बंद..
BEST TIME TO JOIN US...
jOIN FOR MONTH...
Get Entry and Exit Calls
by SMS... JOIN US!!
get paid
Just Pay Rs3500
for ONE month
sms ONE to 09825677777
ALL PACK IN RS3500
dont miss this time...
Limited days offer...
Indian News Papers ...
*FCS is expecting a growth of 100% in revenue and 78% in net profit in quarters. Promoter holding is 66%
Technically, 4800 remains a critical level. A sustained close below this could spell trouble for bulls. The Nifty may fall as low as 4600-4650. The up
Pre Market Commentary ..
Friday’s late spurt may have raised hopes of an encore at least on Monday. But, with most global indices flashing the red signs, looks like the Indian market will turn lower again. We expect a slight dip at start and another choppy session.Wait and watch should be the mantra in the near term to overcome the current phase of uncertainty and volatility. Be extremely choosy while picking up stocks at this juncture.
You have all the time to closely examine each opportunity. We repeat, do proper due diligence lest you have to pay a heavy price later. For the time being, most stocks look neither ready nor steady for a convincing buy.The ongoing consolidation though presents an excellent opportunity to revamp one’s portfolio. Get rid of weak stocks and replace them with potential outperformers..
Friday, January 29, 2010
RIL : no jai no viru....
world. It beats money and power and
influence. It is no more or less
than faith in action."
- Henry Chester
RBI credit policy: CRR hiked by 75bps to 5.75%
RBI hikes CRR by 75 bps to 5.75% vs 5%
Bankers say that even if the CRR is raised,
they have no leeway to raise rates because nobody is
demanding money much these days.
Cadila : Our delivery call trading strong at 706 HOLD for targer
Important Levels as per CHARTS!!
Market likely to volatile
3 Consecutive close below 4860
will take Nifty Future to 4730-4677
AQUA LOGISTICS LTD IPO Under Subscribed on the last day
AQUA LOGISTICS LTD
Will close on Feb 02,2010 instead of the earlier closing day on Jan 28,2010.
Further price band has been revised from Rs 220/- to Rs 230/- per share to
Rs 200/- to Rs 225/- per share.