Saturday, October 31, 2009



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Market wipes out gains of 5 weeks in 9 sessions

Posted: 31 Oct 2009 11:36 AM PDT

Sensex has fallen 1,273 pts in the past nine trading days. Real estate, consumer durables, bank, metals, capital goods and oil and gas shares that rose sharply during the Sensex's journey to 17,400 from 16,000 have suffered the most with the benchmark index cruising back to 16,000 leve...

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Positive/Negative breakouts from 30-10-09

Posted: 31 Oct 2009 11:35 AM PDT

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Ashok Leyland at 45.7 - Support at 43 FDC at 57.2 - Support at 54 Gateway Distriparks at 123.15 - Support at 118 No negative breakouts for today. Positive breakouts a...

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Nagarjuna Construction net up 4% at Rs 44 cr

Posted: 31 Oct 2009 11:34 AM PDT

Hyderabad-based Nagarjuna Construction Company Limited (NCCL) reported a marginal 3.8 per cent rise in net profit at Rs 43.92 crore for the quarter ended September 2009, against Rs 42.30 crore posted in the same period last year. Its turnover during the quarter under consideration stood ...

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SBI net rises 28%

Posted: 31 Oct 2009 11:32 AM PDT

State Bank of India (SBI), the country's largest lender, today said that its consolidated net profit rose 28.29 per cent to Rs 3,133.16 crore for the quarter-ended September 30 from Rs 2,458.04 crore in the same quarter of the previous year. The increase was mainly on account of a 79 p...

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SingTel wants bigger slice of Bharti Airtel

Posted: 31 Oct 2009 11:31 AM PDT

Could pay up to Rs 3,000 crore for 1.52 per cent. Singapore Telecommunications (SingTel) is increasing its interest in Bharti Airtel, the country’s leading mobile service provider, to 31.95 per cent from 30.43 per cent currently. SingTel owns 15.57 per cent in Bharti Airtel directly...

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