Tuesday, June 23, 2009



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Intraday calls for 24-06-09

Posted: 23 Jun 2009 08:53 PM PDT

Buy ONGC at 1030, target; 1055. Stoploss: 1020 Buy IFCI at 53.40, target: 55.40. Stoploss: 52.60 View Market hour calls ...

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Rakesh Jhunjhunwala On Future Of Indian Stock Markets

Posted: 23 Jun 2009 08:30 AM PDT

Here is an interview taken on CNBC TV18 of veteran investor in Indian stocks, Rakesh Jhunjhunwala. He is speaking about future of Indian stocks in next few years in this interview. "If the Nifty breaks 4650 decisively and holds for a week or so, it could hit 5900-6000," Jhunjhunwala ...

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Buy Tata Tea, target of Rs 859: KRChoksey

Posted: 23 Jun 2009 08:25 AM PDT

KRChoksey has maintained its buy rating on Tata Tea, with price target of Rs 859, in its report dated June 19, 2009. “More than 70% revenues and 80% of EBIT come from tea business, which is likely to face margin pressure in FY10 as tea prices are likely to remain firm on account of...

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Buy GIPCL, target of Rs 130: IIFL

Posted: 23 Jun 2009 08:24 AM PDT

IIFL has maintained its buy rating on Gujarat Industries Power Co. (GIPCL), with 12-month price target of Rs 130, in its report dated June 23, 2009. “GIPCL's proposed 250MW expansion has been delayed, and now the management expects to commission unit-1 in 3QFY10ii as against 1QFY...

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Buy Opto Circuits, target of Rs 243: Karvy

Posted: 23 Jun 2009 08:23 AM PDT

Karvy Stock Broking has maintained its buy rating on Opto Circuits, with price target of Rs 243, in its report dated June 23, 2009. “We maintain our consolidated net sales and net profit estimates for FY10 of Rs 11,140 million and Rs 2,492 million respectively. Although, the compan...

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Accumulate ABG Shipyard for target of Rs 230: Prabhudas Lilladher

Posted: 23 Jun 2009 05:45 AM PDT

MUMBAI: Prabhudas Lilladher has maintained Accumulate rating on ABG Shipyard after the company announced its quarterly results. The brokerage expects the stock to touch a target price of Rs 230 per share. ABG Shipyard's topline for the quarter stood at Rs 3,368.6 million indicating a ...

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Gurnani is Mahindra Satyam CEO; Kalra heads Tech Mah

Posted: 23 Jun 2009 05:44 AM PDT

C P Gurnani was today appointed CEO of Mahindra Satyam — the new brand identity of Satyam Computer Services — while Sanjay Kalra was made CEO of Tech Mahindra. Besides, S Durga Shankar was appointed as the Chief Financial Officer (CFO) of Mahindra Satyam while Vineet Nayyar takes over...

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Intraday tips for 24 June 2009

Posted: 23 Jun 2009 05:41 AM PDT

Free intraday Best calls, best intraday tips, Free hot BTST stock calls for free, nse bse best stocks to do daytrading with, hottest nse bse stocks for intraday, Free intraday tips and calls daily visit: http://nseguide.com/categ...

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BRIC stock markets saw biggest declines in 2008: World Bank

Posted: 23 Jun 2009 03:44 AM PDT

WASHINGTON: The global financial crisis has severely impacted equity markets in developing countries with BRIC (Brazil, Russia, India and China) nations witnessing some of the biggest declines in 2008, a World Bank report says. The impact of the sell-off on local equity markets was wide...

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Volatile Nifty ends flat; Grasim, RIL lend support

Posted: 23 Jun 2009 03:43 AM PDT

MUMBAI: Indices ended little changed on Tuesday as investors bought frontline stocks with the positive opening of the European markets. Buying activity in index-heavyweight Reliance Industries, Grasim and BHEL also supported the benchmarks. Traders also squared off positions ahead of F&#...

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