Wednesday, December 23, 2009



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Intraday calls for 24-12-09

Posted: 23 Dec 2009 07:46 PM PST

Markets likely to open flat. Resistance for nifty is at 5190. Buy Engineers India Ltd at 1508, target: 1540. Stoploss: 1488 Buy Sterlite Technologies Ltd at 334.90, target: 345. St...

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Markets likey to drift soon

Posted: 23 Dec 2009 07:04 AM PST

Today, Nifty closed on a wining streak, ending 158 points higher making a close at 5144. Sensex regained it 17k mark, it surged 539 points to end at 17,231. The move in the markets was mainly due to strong global ques. The Finance Minister’s comments - on GDP growth forecast and co...

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IDFC equity fund to invest Rs 2.5bn in Adhunik’s power arm

Posted: 23 Dec 2009 06:53 AM PST

Adhunik Metaliks seems to be on a roll, on Dec 7 ‘09, received approval for diversion of forest land in Orissa for mining of iron ore from its captive mine. Today, Adhunik Metaliks announced signing of definitive agreements with India Infrastructure Fund (IIF), managed by IDFC Proj...

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