Monday, December 14, 2009



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Intraday calls for 15-12-09

Posted: 14 Dec 2009 07:49 PM PST

Markets likely to see a flat opening. Support for nifty is at 5050 and resistance at 5180 Buy Federal-Mogul Goetze at 147, target: 153. Stoploss: 144.50 If markets show weakness later during the day, sell: State bank of India. View Market hour calls ...

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FMC asks brokers to watch inactive trading accounts

Posted: 14 Dec 2009 11:37 AM PST

The Commodity market regulator FMC has asked brokers to keep a close watch on “inactive trading accounts” to avoid possible misuse and warned that failure to do so would attract penalty. “To curb manipulation of inactive trading accounts, we have asked members (brokers)...

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Still in rough seas

Posted: 14 Dec 2009 11:34 AM PST

Without a strong global economic recovery, the maritime sector will find it tough to overcome the demand-supply mismatch. While freight rates, an indicator of health of the shipping industry, have moved up from their September lows this year, a faster global economic recovery seems to be...

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Dubai’s $10B bailout by Abu Dhabi calms fears

Posted: 14 Dec 2009 11:31 AM PST

Abu Dhabi feeds Dubai $10 billion to cover debt on deadline, calming financial worries for now DUBAI, United Arab Emirates (AP) — Oil-rich Abu Dhabi pumped $10 billion into its indebted neighbor Monday, sending stocks soaring while sparing Dubai and the rest of the Emirates federat...

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