Wednesday, September 2, 2009



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Intraday calls for 03-09-09

Posted: 02 Sep 2009 08:47 PM PDT

Buy Canara Bank at 276, target: 283. Stoploss: 272 If markets show weakness later during the day, sell SAIL below 158 View Market hour calls ...

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Rs 12,000-14,000 cr orders in next 4-6 weeks: L&T CMD Naik

Posted: 02 Sep 2009 06:49 AM PDT

L&T Chairman and Managing Director A M Naik spoke to ET NOW on L&T’s order book position and the company’s plans for the power & ET_NOW_Logo defence sectors. Here is the transcript of the full interview. You recently mentioned that last one month the company...

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Sensex may fall to 13K levels:Ray Barros

Posted: 02 Sep 2009 05:40 AM PDT

SINGAPORE: Ray Barros, CEO, Ray Barros Trading Group, says the Sensex could head back to the 12800-13200 levels. He said he expected the S&P to fall to the 905 levels by the month-end. Liquidity, he said, could drive Chinese markets higher and crude oil prices are expected to touch...

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Climate change threatens water, food security of 1.6bn South Asians: ADB

Posted: 02 Sep 2009 05:33 AM PDT

Melting Himalayan glaciers and other climate change impacts pose a direct threat to the water and food security of more than 1.6bn people in South Asia, according to preliminary findings of a new study financed by the Asian Development Bank (ADB). Melting Himalayan glaciers and other cli...

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Where is the market headed in short-term?

Posted: 02 Sep 2009 05:10 AM PDT

urudatta Dhanokar Tech Analyst and Derivative Strategist, Almondz Global IF the Nifty crosses 4730, it has the potential to rise to 5200-5300 levels (The Sensex equivalent is 17000). However, the path to this target may not be smooth and we may see some jerks of 5% or more at around 49...

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NTPC and REC follow-on offers to hit the market this fiscal

Posted: 02 Sep 2009 05:08 AM PDT

NEW DELHI: State-owned utilities NTPC and Rural Electrification Corp will hit the capital market with their follow-on public offers to raise about Rs 9,000 crore by the end of the current financial year. “NTPC and REC follow-on issues will come up before March 2010,” Power S...

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