Thursday, August 27, 2009



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Intraday calls for 28-08-09

Posted: 27 Aug 2009 08:48 PM PDT

Sell Cummins India at 325, target: 313. Stoploss: 330. If markets show recovery later during the day, buy: REI Agro. View Market hour calls ...

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Brace for profit booking

Posted: 27 Aug 2009 10:14 AM PDT

MUMBAI: The Indian equity market opened on a subdued and moved in a narrow range on the day of August Derivative series expiry as global markets struggled for direction. However, major action was witnessed in select counters from the small-cap and mid-cap space as they tried to catch-up ...

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Sebi mulls 5-fold rise in ticket size for portfolio services

Posted: 27 Aug 2009 10:12 AM PDT

Plans to raise networth requirement for floating portfolio services.The Securities and Exchange Board of India (Sebi) is planning a five-fold increase in the ticket size for investing in portfolio management service (PMS) schemes — from Rs 5 lakh to 25 lakh. After making it mandatory t...

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Govt mulls stake sale along with IPO in SAIL

Posted: 27 Aug 2009 07:14 AM PDT

NEW DELHI: The government is considering divesting some of its stake in the country’s largest steel producer SAIL and the same may be discussed in the PSU’s board meeting scheduled tomorrow. The equity sale could go along with the proposed public issue of the PSU and it is ...

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Allied Blenders to raise Rs 250 cr through IPO

Posted: 27 Aug 2009 07:13 AM PDT

Bangalore: Kishore Chhabria’s Allied Blenders & Distillers (ABD) will finally go ahead with its IPO to raise about Rs 250 crore for funding its expansion plan which includes setting up of distilleries and launch of new brands. ABD’s Executive Vice-Chairman and Chief Exec...

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Obama’s Spending Spree, Budget Numbers “Have All Gone Mad,” Analyst Says

Posted: 27 Aug 2009 07:00 AM PDT

When retail expert and all-around economy watcher Howard Davidowitz appeared on Tech Ticker in February declaring the worst was yet to come for the U.S. economy and that Americans’ standard of living has changed permanently, our comment boards lit up. But surely with the latest ral...

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