Tuesday, July 28, 2009



Link to Nseguide.com

Intraday calls for 29-07-09

Posted: 28 Jul 2009 08:55 PM PDT

Buy Nagarjuna Construction at 150-152, target: 160. Stoploss: 147 If markets show weakness later during the day, sell: ING Vysya bank. Stocks at resistance levels - Watch for positive breakout: Dr. Reddys Laborataries - Buy above 828, target: 850. Stoploss: 820 Sterlite Industries - B...

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Stocks slide on weaker confidence data, earnings - Wall Street

Posted: 28 Jul 2009 12:25 PM PDT

Stocks edge lower as consumer confidence falls; Mixed earnings reports weigh on market NEW YORK (AP) — An economic reality check is putting the stock market rally back on hold. Stocks mostly fell Tuesday after the Conference Board said consumer confidence weakened more than expect...

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Adani Power IPO: Invest now or wait for listing?

Posted: 28 Jul 2009 05:40 AM PDT

ET: The much-awaited big-ticket IPO from the Adani group opened on Tuesday amid high expectations from the group that saw its earlier offering, the Mundra Port & SEZ (MPSEZ) issue, being oversubscribed a record 116 times in November 2007. Adani Power has completed allocation of shar...

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Welspun Guj, Jindal Saw look good: Bose

Posted: 28 Jul 2009 05:36 AM PDT

Technical Analyst, Rajat K Bose is of the view that Welspun Gujarat and Jindal Saw are looking pretty good. Bose told CNBC-TV18, “If you have a medium term perspective midcap stocks like Welspun and Jindal Saw both are looking pretty good. Pritish Nandy Communications is getting re...

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Will Nifty 4700 level be taken out?

Posted: 28 Jul 2009 05:35 AM PDT

MUMBAI: The Nifty is within 3% of its highest point of the rally which began on the 9th of March. The debate is still on as to whether we have begun a secular bullish trend once again and whether whatever we have seen over the past four and a half months is evidence enough to support that...

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RBI Credit Policy leaves key rates unchanged

Posted: 28 Jul 2009 03:16 AM PDT

NEW DELHI: The RBI has kept the key rates unchanged and increased the inflation forecast to 5 per cent. The GDP is expected to grow at 6 percent and the money supply growth is seen at 18 per cent, according to the quarterly review of the economy, released on Tuesday. ( Watch ) The deposi...

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