Monday, June 15, 2009



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Intraday calls for 16-06-09

Posted: 15 Jun 2009 08:52 PM PDT

Markets likely to see a gap down opening. If markets see recovery later during the day, buy: IDBI and Mcleod Russel India. View Market hour calls ...

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Don’t see Nifty below 4400-4500 levels

Posted: 15 Jun 2009 01:30 PM PDT

It was a bad start to the week. Picking up those negative cues from Asia, markets started selling off through the day, aided by that underlying fatigue seen last week. The High Court ruling against Reliance Industries put heavy pressure on that stock dragging the benchmarks with it. Apart...

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LIC Housing sells 18.3% stake in LIC MF to Nomura

Posted: 15 Jun 2009 05:37 AM PDT

LIC Housing Finance today sold 18.3 per cent of stake in LIC Mutual Fund to Japanese Financial services company, Nomura, expecting to garner Rs 138-crore.”As per the agreement between LIC and Nomura, we are selling 18.3 per cent out of the total stake of 38.3 per cent in LIC Mutual ...

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Top 10 firms lose Rs 5,100 cr last week

Posted: 14 Jun 2009 09:58 PM PDT

The country’s top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week, with Oil and Natural Gas Corporation (ONGC) losing the most among the pack.The total market valuation of the elite club, comprising four private sector and six state-run companies, ...

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