Thursday, July 16, 2009



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Intraday calls for 17-07-09

Posted: 16 Jul 2009 08:45 PM PDT

Nifty has good support at 4200 and resistance at 4320. Buy Noida Toll Bridge Company at 40.10, target: 42.30. Stoploss: 39.20 If markets show weakness later during the day, Sell: Punj Lloyd below 221 with a strict stoploss at 225 View Market hour calls
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Stocks in news: NMDC, NTPC, PBA Infra, Sesa Goa, Satyam

Posted: 16 Jul 2009 08:31 PM PDT

Results today: TCS, Colgate, Crompton, India Infoline, Container Corporation, Goa Carbon, Kirloskar Brothers, Prime Securities, Sasken, Sonata Software, Wyeth, Radico Khaitan Big story: Govt -To divest stake in Kudremukh Iron Ore, Manganese Ore, NMDC -Between 9-20% of Kudremukh may be ...

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Govt identifies 3 PSUs for disinvestment

Posted: 16 Jul 2009 08:30 PM PDT

The Government of India has identified three public sector undertaking (PSU) companies for disinvestment. It will divest stake in Kudremukh Iron Ore, Manganese Ore and NMDC. Kudremukh is a listed entity with 1% market float, Manganese Ore is an unlisted company owned by the government of ...

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CITI bank Is Seeking Up to $3 Billion To Avoid a Bankruptcy Filing - Wall Street

Posted: 16 Jul 2009 12:31 PM PDT

CIT, the finance company struggling to avoid a Chapter 11 filing as soon as tomorrow, is seeking to line up between $2 to $3 billion in secured financing from private investors over the next day, according to people close to the situation. A number of private equity firms and fixed incom...

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Welspun Gujarat April-June net almost doubles

Posted: 16 Jul 2009 10:14 AM PDT

Mumbai: Steel pipemaker Welspun Gujarat Stahl Rohren's April-June profit nearly doubled on volume growth and a one-time gain on account of foreign exchange fluctuation, a senior official said on Thursday. The company posted a net profit of Rs1.38 billion in the April-June quarter on a ...

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JPMorgan’s profit jumps to $2.72 bn

Posted: 16 Jul 2009 10:08 AM PDT

NEW YORK: JPMorgan Chase & Co posted a higher quarterly profit on Thursday, topping Wall Street estimates, as strength in its core consumer Property US mortgage crisis Financial crisis Competitive economies Global icons crash Top 10 US bank failures Top four banking crises si...

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Intraday tips Mobile SMS BTST Free Calls Hot Stocks

Posted: 16 Jul 2009 04:36 AM PDT

Intraday calls for 17 July 2009, hot stocks, SMS Tips, Most accurate intraday calls, Market hour calls, daily Free stock calls for free, Mobile SMS tips, Free MOBILE SMS tips daily, hot stocks for intraday, accurate intraday callsvisit: Read More..

Govt to disinvest 5-10 PSUs in FY10

Posted: 16 Jul 2009 04:16 AM PDT

There is no proposal to disband the National Investment Fund (NIF) as of now, reports CNBC-TV18, quoting sources. The government has the option of using part of the NIF corpus to fund social schemes. However, the government may route the NIF corpus through mutual funds. As of now, the go...

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Satyam ‘ghost’ haunts Maytas

Posted: 16 Jul 2009 04:12 AM PDT

The fact it is promoted by kin of disgraced Satyam founder Ramalinga Raju is continuing to haunt Maytas Infrastructure, although it has a healthy order book of Rs 8,000 crore and is no longer run on a day to day basis by Teja Raju. “We feel pained by the continuous equation of May...

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Godrej Ind spurts on realty arm IPO buzz

Posted: 16 Jul 2009 04:09 AM PDT

The company may raise anywhere between Rs 4.5bn and Rs 6bn. Shares of Godrej Industries are locked at 10% upper circuit to Rs135.80. The stock opened at Rs127.4 and made an intra-day high of Rs135.7 and a low of Rs126.6. Total traded volumes stood at 0.7mn shares. Godrej Properties, the...

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