Thursday, August 13, 2009



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Intraday calls for 14-08-09

Posted: 13 Aug 2009 08:46 PM PDT

Buy REI Agro at 48.80, target: 50.40. Stoploss: 48.10 If markets show weakness later during the day, Sell: Bajaj Hindustan View Market hour calls ...

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New jobless claims rise unexpectedly to 558K

Posted: 13 Aug 2009 06:56 AM PDT

WASHINGTON (AP) — The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while continuing claims fell sharply. The Labor Department says new claims increased to a seasonally adjusted 558,000, from 554,000 the previous week. Analyst...

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Bulls on rampage…Nifty ends above 4,600

Posted: 13 Aug 2009 06:08 AM PDT

Sensex surged 498 points or 3.3% at 15,518, NSE Nifty surged by 147 points to shut shop at 4,605. Indian markets ended with healthy gains on Thursday as bulls were on a rampage. Market players appreciated the upbeat Industrial Production data and draft of new Direct Tax Code, especially ...

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NHPC public issue subscribed 23.7 times

Posted: 12 Aug 2009 10:24 PM PDT

Mumbai: The initial public offer of the state-run hydropower company, NHPC, was subscribed 23.72 times. The issue, which closed on Wednesday, received bids for 3,979 crore shares against the 168 crore shares on offer, according to the data available on the NSE Web Site. IPOs: India 6th m...

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Prism Cement can touch Rs 79: Ashwani Gujral

Posted: 12 Aug 2009 10:23 PM PDT

Technical Analyst, Ashwani Gujral is of the view that Prism Cement can touch Rs 79. Gujral told CNBC-TV18, “Prism Cement again had one day worth of break and if overall cement sector has kind of bottomed out, then this stock would outperform. You have support here at Rs 48 and it c...

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L&T bags Rs 4,000-cr Jaiprakash power plant order

Posted: 12 Aug 2009 10:21 PM PDT

New Delhi: Larsen & Toubro Ltd (L&T) on Wednesday signed a Rs 4,000-crore agreement to supply power equipment to Jaiprakash Power Ventures (JPVL), a unit of Jaiprakash Associates Ltd. L&T will source the super critical units boiler and steam turbine generator for the 1,320...

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