NSEGUIDE Updates

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• Big tech earnings week will reveal economic trends - Wall Street
• Bank profits not as impressive as they seem - Wall Street
• FII buying spree pushes up Sensex
• Stock to watch for next week
• BSE to discontinue F&O contracts in Tata Comm
• TCS springs a nice Q1 surprise

Big tech earnings week will reveal economic trends - Wall Street Posted: 18 Jul 2009 01:52 PM PDT SEATTLE (AP) — The technology sector is often talked about as if it were a unified front, an easy-to-define monolith. People say technology stocks rose or technology stocks fell. Tech helped drive a huge boom in the 1990s, and when that collapsed in 2001, tech contributed to the las... Read More..

Bank profits not as impressive as they seem - Wall Street Posted: 18 Jul 2009 06:38 AM PDT Banks turn in hefty profits, but industry still has big problems NEW YORK (AP) — The big banks are making big money again, but they won’t be back to health as long as they have to deal with a recession and customers defaulting on mortgages and credit cards. The impressive n... Read More..

FII buying spree pushes up Sensex Posted: 17 Jul 2009 11:41 PM PDT MUMBAI: The bourses leapfrogged after a brief pause on Thursday as the Bombay Stock Exchange sensitive index, Sensex, jumped 494.67 points to a two-week high of 14744.92 on optimism that India Inc might come out with significant improvement in first quarter margins. This is the biggest s... Read More..

Stock to watch for next week Posted: 17 Jul 2009 11:37 PM PDT Moneycontrol: Following are the stocks to watch out for next week as discussed by Rahul Mohindar of Viratechindia on CNBC-TV18. On HDFC Bank and SBI Mohindar told CNBC-TV18, “I really wouldn't say that after this kind of a move, I would put my money into SBI particularly for sho... Read More..

BSE to discontinue F&O contracts in Tata Comm Posted: 17 Jul 2009 11:35 PM PDT Derivatives contracts for the far month i.e. October 2009 and onwards, will not be introduced on the underlying Tata Communications Ltd upon expiry of July 2009 contract i.e. on July 30, 2009, as per the data available on the BSE website. The existing contract months i.e. August 2009 and... Read More..

TCS springs a nice Q1 surprise Posted: 17 Jul 2009 11:33 PM PDT MUMBAI: Tata Consultancy Services (TCS) overcame a tough business environment and beat street expectations by a huge margin to post a surprise TCS table Key facts on India’s software industry | Top 5 India-centric BPO Vendors | Top Indian outsourcing cos More Pictures growth ... Read More..

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