Wednesday, September 23, 2009



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Intraday calls for 24-09-09

Posted: 23 Sep 2009 08:46 PM PDT

Markets likely to see a gap down opening. Nifty has support at 4930. Sell Selan Exploration Technology at 295-297, target: 286. Stoploss: 301. If markets show recovery later during the day, buy: TTML View Market hour calls ...

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Pipavav revises IPO price

Posted: 23 Sep 2009 07:53 AM PDT

Mumbai: Pipavav Shipyard announced on Tuesday that it has fixed it IPO price at Rs 58. This is Rs 2 less than the upper band. The price band for the company’s 8.5 crore shares issue was fixed at Rs 55-60. Pipavav’s IPO, which closed on September 18, was subscribed close to ...

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Rally will continue: Dayal

Posted: 23 Sep 2009 07:47 AM PDT

MUMBAI: Ajit Dayal, managing director, Quantum, said the Sensex will surge to 21,000-level on foreign funds coming to India. What’s your reading - has the market run out of steam? Dayal: No. We have not seen any evidence of that. We think earnings for the year ending March 2010 ...

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IDRs to have 30% retail quota: Sebi

Posted: 23 Sep 2009 07:45 AM PDT

Regulator also extends the concept of anchor investor to such issues. The Securities and Exchange Board of India (Sebi) on Thursday made Indian Depository Receipts (IDRs) more attractive by extending the concept of anchor investors to IDRs and mandating a 30 per cent quota for retail inve...

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