Thursday, January 14, 2010



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Intraday calls for 15-01-10

Posted: 14 Jan 2010 06:45 PM PST

Markets likely to see a flat opening. Support for nifty is at 5240 and resistance at 5300. Buy Bharat Forge Ltd at 297.85, target: 308. Stoploss: 292. If markets show weakness later during the day, sell: Jindal Steel & Power Ltd View Market hour cal...

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Returns to beat inflation

Posted: 13 Jan 2010 10:43 PM PST

With bank FDs offering little, the risk-averse need to check company deposits or even balanced MFs. With inflation on the rise, risk-averse investors who prefer parking their money in bank fixed deposits will soon find themselves in a fix. The returns on offer from banks are now quite l...

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Asian markets gain as China cooling worries ease

Posted: 13 Jan 2010 10:41 PM PST

BANGKOK (AP) — Asian stock markets rose Thursday as fears diminished about China’s lending curbs and Australia’s economic recovery showed new signs of gathering momentum. Benchmarks from Tokyo to Seoul gained 1 percent or more while oil inched toward $80 a barrel after ...

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