Wednesday, May 19, 2010



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Intraday calls for 20-05-10

Posted: 19 May 2010 07:55 PM PDT

Markets likely to see a flat opening. Support for nifty is at 4850 and resistance at 5000. Buy Supreme Infrastructure India Ltd at 206-209, target: 218. Stoploss: 201. Buy Jindal St...

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Reliance, Bharti, Aircel big winners in 3G auction

Posted: 19 May 2010 07:27 PM PDT

New Delhi: The Indian exchequer is set to swell by Rs 67,718.95 crore ($ 15 billion), with the conclusion on Wednesday of auctions for the crucial airwaves for third generation (3G) telecom services by private players. The amount bid after 183 rounds of the 34-day auction is sharply high...

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RIL halts drilling at KG-D6, as Laila strengthens

Posted: 19 May 2010 10:14 AM PDT

Reliance Industries Ltd - RIL has halted its drilling at KG-D6 for 24-48 hrs as tropical cyclone ‘Laila’ moved towards the east coast of India in the Bay of Bengal. Cyclone Laila is forecast to reach hurricane strength before making landfall in Andhra Pradesh on Thursday. Sh...

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