Monday, July 20, 2009



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Intraday calls for 21-07-09

Posted: 20 Jul 2009 08:51 PM PDT

Buy Ranbaxy Laboratories at 269, target: 279. Stoploss: 266 If markets show weakness later during the day: Sell: Power finance corporation. Trade in small quantities. View Market hour calls ...

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Stocks rise on reports CIT close to rescue - Wall Street

Posted: 20 Jul 2009 12:27 PM PDT

NEW YORK (AP) — The stock market is extending a big rally from last week on more upbeat earnings and word that troubled lender CIT will avoid bankruptcy. Both the Dow Jones industrials and the Standard & Poor’s 500 index edged above their recent highs from mid-June on Mo...

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MFs see inflow of Rs 1,500 cr in equities in June

Posted: 20 Jul 2009 08:21 AM PDT

Riding on the best quarterly performance by stock markets in 17 years, equity-oriented mutual funds saw a net inflow of Rs 1,500 crore in June this year even as growth of industry’s average assets for the month decreased, a Crisil report says. “Continued retail interest in eq...

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Sensex @ 18,000 by March 2010: Sonthalia

Posted: 20 Jul 2009 06:56 AM PDT

MUMBAI: Manish Sonthalia, vice president, equity strategy, Motilal Oswal Securities , said the momentum is so strong that the markets will move significantly higher from the current level. Is there room for some more rally in the markets? Sonthalia: Yes…it looks like the momentum...

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Financial guide for newly-married and those ready for the plunge

Posted: 20 Jul 2009 06:48 AM PDT

When a shocked world learnt two months ago that Archie Andrews would propose to super-rich Veronica Lodge, and not the girlnext-door Betty Cooper, after 68 years of teen romance, millions of dedicated followers across the globe erupted in protest. How could their hero choose Mammon over ...

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JSW Steel Q1 net dips 6% at Rs 234 cr

Posted: 20 Jul 2009 06:46 AM PDT

JSW Steel on Monday reported a 6.45 per cent decline in consolidated net profit at Rs 234.08 crore for the first quarter ended June 30, 2009, over the same period last year. The company had a net profit of Rs 250.23 crore in the same quarter ended June 2008, JSW Steel said in a filing to...

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IDFC Q1 net at Rs 243.49 cr

Posted: 20 Jul 2009 06:43 AM PDT

Infrastructure Development Finance Company Ltd (IDFC) has announced the following unaudited results for the quarter ended June 30, 2009: All about 3G The company has posted a net profit of Rs 243.49 crore for the quarter ended June 30, 2009 as compared to Rs 204.73 crore for the quarter...

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Suzlon wins order from Technomash Bulgarian Industrial

Posted: 20 Jul 2009 03:07 AM PDT

The project will come up in the province of Dobrich in North-East Bulgaria, and be supplied in financial year 2009-2010. Suzlon Energy has signed an agreement with Technomash Bulgarian Industrial Group to deliver 12.6 MW of capacity through six numbers of Suzlon S88-2.1 MW wind turbines....

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Sensex firm above 15,000; TCS, Infosys, Reliance lead

Posted: 20 Jul 2009 03:06 AM PDT

MUMBAI: Indian markets were witnessing buying across the board after sentiments turned bullish with better than expected earnings and positive global markets. At 2:10 pm, Bombay Stock Exchange’s Sensex was at 15,082.85, up 337.93 points or 2.29 per cent. The index touched an intra...

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