Date: 03/09/2010
Excess supply to hurt cement players this yr: Angel Broking
Brokerage firm Angel Broking feels the current fiscal will be a tough year for the cement sector. In an interview with CNBCTV18's Latha Venkatesh and Anuj Singhal, Rupesh Sankhe, Cement Analyst, Angel Broking said excess supply is going to hurt cement players badly in FY11.
Date: 03/09/2010
Avoid buying at upper levels: Dilip Bang
The Indian markets are likely to remain rangebound in the coming fortnight. The markets seem to lack much upside above the level of 5,550 on the Nifty. It has support at the 5,450 level.
Date: 03/09/2010
Mkts will not correct to 2008 levels: Brics Securities
There is no reason to get apprehensive about the future just yet, believes Anand Tandon, director (equities) at Brics Securities. Talking to CNBCTV18, he said the markets will not correct to the extent of 2008 levels. In fact, markets should move up a little if global cues exhibit stability.
Date: 03/09/2010
May see inflows from DIIs in second half of FY11: ENAM Sec
CNBCTV18's Udayan Mukherjee caught up with Dharmesh Mehta, HeadBroking of ENAM Securities at the sidelines of their FII conference in London to find out the overall sentiment among investors.
Date: 03/09/2010
Clueless mkt to stagnate at 55505600 levels: Anand Rathi
Markets are in no mood to change its current position, believes Rajan Malik of Anand Rathi Financial Services. Nifty will continue to face tough resistance at 55505600 and can go down to 5,3505,400 on the downside and 5,5505,600 on the upside. He says there is no evidence of any marketmoving trigger in the periphery.
Date: 03/09/2010
Investors should underweight India: BNP Paribas
Widening volatility spreads between ChinaIndia and USIndia indicate that investors are too sanguine about India's prospects, says Clive McDonnell of BNP Paribas.
Date: 03/09/2010
Deflationary forces continue to mount: CLSA
The central point remains that the quicker the US stock market falls from here, the quicker the Fed will commence the next wave of quantitative easing, says Chris Wood of CLSA.
Date: 03/09/2010
Ashwani Gujrals top bets for trade today
Technical analyst Ashwani Gujral is bullish on Godrej Properties, Texmaco, Exide Industries, SKS Micro and Dhampur Sugar. He advises traders to buy into these stocks.
Date: 03/09/2010
Cautiously optimistic on US payroll data: BGC
Global markets are eyeing their next major cue in the form of US nonfarm payrolls for the month of August 2010, scheduled to be announced later today. In an interview with CNBCTV18, David Buick of BGC gave his expectation on the US payroll data and his perspective on global markets going forward.
Date: 03/09/2010
Brazil oil firm Petrobras plans $65 bln stock sale
Brazilian state oil company Petrobras will sell up to USD 64.5 billion in new stock one of the largest in capital markets history to raise funds for the world's biggest oil exploration investment plan.
Date: 03/09/2010
Buy Vardhman Textiles; target of Rs 375: IIFL
IIFL is bullish on Vardhman Textiles and has recommended buy rating on the stock with a target of Rs 375 in its September 3, 2010 research report.
Date: 03/09/2010
ICC vow to root out cheats, preserve game`s integrity
Cricket's governing body vowed on Friday to do whatever necessary to root out cheats and preserve the integrity of the game after suspending three Pakistan players over matchfixing claims.
Date: 03/09/2010
Conundrum: MA/credit binge vs doubledip fear
A new conundrum faces financial markets why, if the global economy is heading back into trouble, are companies on an MA binge and big investors snapping up so much corporate debt?
Date: 03/09/2010
Buy RIL at Rs 900: Choksey
Deven Choksey, MD, KR Choksey advices one can buy Reliance Industries at Rs 900 and book profits around Rs 1050.
Date: 03/09/2010
Top 10 free UK attractions
The best things in life are free and according to TripAdvisor travellers, it could well be true. TripAdvisor, which bills itself as the world's largest travel site, reveals the top 10 free attractions in Britain and Northern Ireland as ranked by travellers through the site's Popularity Index. Reuters does not endorse this list.
Date: 03/09/2010
Buy Piramal Healthcare: Parag Parikh Financial Services
Parag Parikh Financial Advisory Services is bullish on Piramal Healthcare and has recommended buy rating on the stock in its September 3, 2010 research report.
Date: 03/09/2010
Chambal Fertilisers may touch Rs 95: Gujral
Chambal Fertilisers tends to get into trouble around Rs 75. If it can take Rs 75 out, then previous resistance of Rs 95 is possible, says Technical Analyst, Ashwani Gujral.
Date: 03/09/2010
Invest in Chambal Fertilisers: Mohindar
Rahul Mohindar of Viratechindia suggests that one can invest in Chambal Fertilisers.
Date: 03/09/2010
India Infoline support at Rs 90: Gujral
India Infoline is a big underperformer, it keeps finding support at Rs 90. It has got resistance around Rs 110, says Technical Analyst, Ashwani Gujral.
Date: 03/09/2010
Mercator Lines may touch Rs 6263: Gujral
Mercator Lines is finding consistent support around Rs 4546. If it can get past Rs 55, Rs 6263 is possible, says Technical Analyst, Ashwani Gujral.
Date: 03/09/2010
Karnataka Bank can go upto Rs 210220: Mohindar
Rahul Mohindar of Viratechindia is of the view that Karnataka Bank can go upto Rs 210220.
Date: 03/09/2010
Buy IndusInd Bank on dips: Gujral
IndusInd Bank keeps making fresh highs. So this is one stock that you keep buying on all declines, says Technical Analyst, Ashwani Gujral.
Date: 03/09/2010
Mahindra Satyam upside capped around Rs 95: Gujral
Mahindra Satyam is still a weak stock. It is finding support around levels of Rs 7880 but overall it is a weak stock making fresh lows. Upside is probably capped around Rs 95, says Technical Analyst, Ashwani Gujral.
Date: 03/09/2010
Nifty rangebound: Is it best to avoid trading there?
The benchmark Nifty closed rangebound session on a flat note on Friday. It was a quiet session for the markets and the Nifty remained in a narrow range of 5,4755,500.
Date: 03/09/2010
Nifty closes rangebound session on flat note
The benchmark Nifty closed rangebound session on a flat note on Friday. It was a quiet session for the markets and remained in a narrow range of 54755500.
Date: 03/09/2010
Sensex, Nifty rise 1.2% this week; Metal Index gains 3%
The broader indices outperformed benchmarks; Nifty Junior, CNX Midcap and BSE Small Cap indices gained 2.22.8%.
Date: 03/09/2010
Nifty hovers around 5486; Hero Honda, Rel Infra, HUL up
At 15 hours IST the 50share NSE Nifty continued to trade in a tight range of 54805500 on Friday, despite some strength in European markets, which were trading 0.30.6% higher.
Date: 03/09/2010
Sensex quiet; Suzlon, JP Asso, JSPL, BPCL, Wipro slip
At 14:14 hours IST the benchmark Sensex was quiet in trade due to lack of global cues. It was consolidating around previous closing value since the beginning of trade on Friday.
Date: 03/09/2010
NAVs advance sharply; banking, FMCG funds gain
Equity diversified NAVs advanced sharply and their advance:decline ratio stood at 243:8.
Date: 03/09/2010
Bull of the week: Stock that rallied 62% in 5 days
EIH Associated Hotels gained 9.98% or Rs 20.95 to close at Rs 230.85. It touched a 52week high of Rs 230.85. There were pending buy orders of 43,187 shares, with no sellers available.
Date: 03/09/2010
RBS buys 1.36 lakh shares of EIH Asso Hotels
The Royal Bank Of Scotland Plc As Trustee Of Jupiter India F bought 1.36 lakh shares of EIH Associated Hotels at Rs 198.91 per share. At 15:27 hours the share was trading at Rs 230.00, up Rs 20.95, or 10.02%.
Date: 03/09/2010
Clearwater Cap Singapore Fund buys 9.6 lakh shrs of Oricon
Clearwater Capital Partners Singapore Fund Iii Private Limited bought 961,641 shares of Oricon Enterprises at Rs 351.50 per share. At 15:19 hours IST, the share was trading at Rs 354.10, up Rs 5.45, or 1.56%.
Date: 03/09/2010
HPCL plunges 3.5%
Hindustan Petroleum Corporation (HPCL) touched an intraday high of Rs 523.70 and an intraday low of Rs 510.40. At 15:15 hrs the share was quoting at Rs 510.75, down Rs 18.4, or 3.48%.
Date: 03/09/2010
Unitech top gainer on Nifty
At 14:13 hrs, Unitech was the top gainer on the Nifty. It touched an intraday high of Rs 81.70 and an intraday low of Rs 79.05. The share was quoting at Rs 81.30, up Rs 2.60, or 3.30%.
Date: 03/09/2010
Emerging India Fund sells 1.25 lakh shrs of Surana Tele
Emerging India Focus Funds sold 1.25 lakh shares of Surana Telecom and Power at Rs 19.96 per share. At 12:41 hours the share was trading at Rs 20, up Rs 0.10, or 0.50%.
Date: 03/09/2010
Morgan Stanley Mauritius buys 3.1 lakh shares of Camlin
Morgan Stanley Mauritius Company bought 3.1 lakh shares of Camlin at Rs 53.80 per share. At 12:37 hours the share was trading at Rs 54.85, up Rs 1.10, or 2.05%.
Date: 03/09/2010
Nirma up on large volumes
Nirma touched a 52week high of Rs 241.30. At 11:52 hrs the share was quoting at Rs 236.65, up Rs 28.70, or 13.80%.
Date: 03/09/2010
A C P Ind Ltd sells 3.75 lakh shrs of Trinethra Infra
On September 2, 2010 A C P Industries Limited sold 375,000 shares of Trinethra Infra Ventures at Rs 44 on the BSE. Yesterday it ended at Rs 44.45.
Date: 03/09/2010
Bulk Deal: Marg touches 52week high
Marg has touched a 52week high of Rs 227. It has touched an intraday high of Rs 227.00 and an intraday low of Rs 219.30.
Date: 03/09/2010
2.7 lakh shares bulk deal in Roselabs Industries
On September 2, 2010 Jayshree Shankar Bhosle bought 150,000 shares of Roselabs Industries at Rs 33.98 and Nilesh Krushna Palande bought 120,356 shares at Rs 33.98 on the BSE. yesterday it closed at Rs 33.30.
Date: 03/09/2010
Indiabulls Fin Services buys 2.5 lk shrs of Ramsarup Ind
On September 2, 2010 Indiabulls Financial Services Ltd. sold 250,000 shares of Ramsarup Industries at Rs 67.85 on the NSE. Yesterday the stock closed at Rs 67.85.
Date: 03/09/2010
Bmk Laboratories Pvt buys 1 cr shares of Piramal Health
On September 2, 2010 Bmk Laboratories Private Limited bought 12,000,000 shares of Piramal Health at Rs 510 on the BSE and Phl Holdings Private Limited sold 12,000,000 shares at Rs 510. Yesterday the share closed at Rs 505.80.
Date: 03/09/2010
Bulk Deal: Elnet Technologies slips over 2%
Elnet Technologies has touched an intraday high of Rs 80.35 and an intraday low of Rs 76.10. At 11:22 am, the share was quoting at Rs 76.95, down Rs 2.3, or 2.9% with volumes of 14,634 shares.
Date: 03/09/2010
Steel Strips gets order for 4000 wheels; stk gains 5.5%
Steel Strips Wheels has got order for 4,000 wheels worth 45,000 Euro from German Company, quoting NewsWire 18, reports CNBCTV18. It touched a 52week high of Rs 263.70. At 10:58 hrs the share was quoting at Rs 256.50, up Rs 13.55, or 5.58%.
Date: 03/09/2010
Consolidated Finvest Holdings declares dividend at 5%
Consolidated Finvest Holdings at its meeting held on September 3, 2010 has declared dividend at Re 0.50 per share i.e 5%.
Date: 03/09/2010
Venkys to expand its poultry products
Venkys has undertaken expansion programme, estimated cost of Rs 50 crore in poultry products segment.
Date: 03/09/2010
Bhagwati Banquets And Hotels declares dividend at Re 1 per share
Bhagwati Banquets And Hotels at its meeting held on September 02, 2010 has declared dividend at 10% i.e Re 1 per share.
Date: 03/09/2010
Anant Raj Industries acquires shares of Jubilant Software Services
Anant Raj Industries has accquired shares of Jubilant Software Services Private Limited.
Date: 03/09/2010
Jindal Photo declares dividend at Re 1 per share
Jindal Photo at its meeting held on September 03, 2010 has declared dividend at Re 1 per share for the year ended March 31, 2010.
Date: 03/09/2010
Reliance Industries buys 3 mln bbls spot Brazil crude
Reliance Industries Ltd., operator of the world's largest refining complex, bought around 3 million barrels of spot Brazilian crude to arrive in India in the next two months, industry sources said on Friday.
Date: 03/09/2010
No current plan to list construction equipment biz: Escorts
There is renewed talk in the market that leading engineering equipment maker Escorts has plans to launch an initial public offering for its contruction equipment business. In an interview with CNBCTV18's Latha Venkatesh and Anuj Singhal, Rajan Nanda, CMD, Escorts spoke on the company's business plans.
Date: 03/09/2010
Nakoda targets Rs 1400cr turnover this year
Nakoda will start a wind power project in Madhya Pradesh by March 2011. In an interview with CNBCTV18, BG Jain, CMD, Nakoda, spoke about the latest happenings in his company and sector.
Date: 03/09/2010
Alok Industries on `highway` to double revenue in 3 yrs
Textiles firm Alok Industries seeks to double its revenue to around USD 3 billion over the next three years, primarily on growing exports and a resurgence in domestic demand, a top official said on Friday.
Date: 03/09/2010
Kiri Dyes expects to clock Rs 5060cr bottomline this year
In an interview with CNBCTV18, Manish Kiri, MD of Kiri Dyes spoke about the latest happenings in his company and the road ahead.
Date: 03/09/2010
Acrysil India targets to double revenue in 2 yrs
In an interview with CNBCTV18, Chirag Parikh, MD, Acrysil India, spoke about the latest happenings in his company and sector.
Date: 03/09/2010
Hero Honda sets up SPV to buy Honda stake: Sources
Munjalsowners of twowheeler maker Hero Honda have set up a special purpose vehicle (SPV) in order to acquire Japan's Honda Motor’s 26% stake, reports CNBCTV18's Kritika Saxena quoting sources.
Date: 03/09/2010
Fortis keen to close cashless services debate soon
CNBCTV18's Latha Venkatesh caught up with Vishal Bali of Fortis Hospital at the sidelines of the conference to know more about the latest happenings in his company and sector.
Date: 03/09/2010
FDI in retail: Govt can start off with 51%, says Brandhouse
Recently, the government had tabled the discussion on foreign direct investment (FDI) in multibrand retail. In an interview with CNBCTV18, Ashesh Amin, President Apparel and Retail, SKNL Group, speaks about the issue and gives his outlook going forward.
Date: 03/09/2010
In.com overtakes Rediff.com
In.com is consistently ahead of Rediff.com since the last few months, globally. In July, it received 15.4 million unique visitors, as compared to 13 million unique visitors on Rediff.com.
Date: 03/09/2010
Corp tax rates may be reduced if eco warrants it: Rev Secy
Corporate Tax Rates can be reduced if the economy warrants ut. That's the word coming in from Revenue Secretary Sunil Mitra.
Date: 03/09/2010
Food and fuel inflation accelerates
India's food and fuel inflation accelerated in the third week of August, maintaining pressure on the Reserve Bank of India (RBI) to tighten monetary policy.
Date: 03/09/2010
DTC: Taxing on banks or banking on tax?
The Direct Taxes Code Bill, 2010 (‘DTC Bill 2010’) was tabled before the Parliament on 30 August 2010. It is proposed that the Incometax Act, 1961 will now be replaced from 1 April 2012 and not 1 April 2011. The key provisions of the DTC Bill 2010 impacting the foreign banks are discussed below:
Date: 03/09/2010
Services PMI dips again in August but still robust
Growth in India's service sector slowed for a second month in August after hitting a twoyear peak in June, but businesses were more optimistic about the outlook, a survey showed on Friday.
Date: 03/09/2010
See inflation at 7% by March 2011: Shankar Acharya
Expressing shock over the matter, Shankarcharya of ICRIER said the error exposes inefficiency in the system. He believes there were clear signs of deceleration in the industry.
Date: 03/09/2010
Is the new GDP data reliable?
The first quarter GDP data that came out threw up two main confusions. There was a wide gap between the supply side number which came in at 8.8%and the demand side number that came in at 3.7%. What does that say about our growth and the wholesomeness of it and our data reliability?
Date: 03/09/2010
No danger of double dip in Europe, says ECBs Nowotny
Europe faces modest economic growth but no double dip back into recession, European Central Bank Governing Council member Ewald Nowotny said on Thursday.
Date: 03/09/2010
Wall St ends with moderate gains ahead of jobs reports
In the US, another broadbased buying effort sent stocks through key resistance levels. For today the US August jobs reports is the key macro data that the market would be watching out for. The nonfarm payrolls is expected to drop 80,000 in August as compared to a 1.31 lakh decline in July.
Date: 03/09/2010
Nifty lacklustre; Unitech, Hero Honda, Bharti, MM surge
At 13.08 hrs IST, the Nifty was trading flat. It was a quiet session for the markets as largecaps failed to gain momentum on the either side ahead of weekend. European markets too opened in green with marginal gains.
Date: 03/09/2010
Nifty trades in tight range; breadth positive
At 11:47 hours IST the 50share NSE Nifty was trading in a narrow range of 54805500 since early trade.
Date: 03/09/2010
Sensex flat; RIL, ITC, JSPL, Suzlon, PNB, Tata Steel down
At 10:26 hours IST the benchmark Sensex was hovering around previous closing value and was trying to stay in a positive terrain.
Date: 03/09/2010
Nifty consolidates around 5500; Infy, Bharti, Sterlite up
The benchmark Nifty started the day on a flat note with a positive bias following US cues, which went up 0.51% ahead of jobless data today.
Date: 03/09/2010
Markets end flat ahead of US jobs report
The 30-share BSE index provisionally ended down 0.16%, or 29.53 points, at 18,208.78 points with 17 components of the 30-share BSE index losing ground
Date: 03/09/2010
Markets edge higher; outsourcers gain
By 10:33amm, the 30-share BSE index was trading up 0.07% at 18,251.34 points, with 18 of its components gaining
Date: 03/09/2010
Beer finds favour over spirits in slow recovery
- Big brewers like Anheuser Busch InBev are seen as a better bet than spirit giants Diageo and Pernod Ricard to gain from the uneven world recovery in which only emerging markets are showing strong growth.
Date: 03/09/2010
U.S. payrolls fall less than expected in August
- U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth.
Date: 03/09/2010
Conundrum: M&A/credit binge vs double-dip fear
- A new conundrum faces financial markets -- why, if the global economy is heading back into trouble, are companies on an M&A binge and big investors snapping up so much corporate debt?
Date: 03/09/2010
BSE Sensex up 4th week in five; U.S. jobs in focus
The BSE Sensex logged its fourth weekly gain in five weeks, but edged 0.1 percent lower on Friday, as investors were nervous ahead of key U.S. jobs data due later in the day.
Date: 03/09/2010
Daiichi Sankyo sees progress on Ranbaxy U.S. ban
- Daiichi Sankyo, Japan's No.3 drugmaker, said on Friday it believes it has made progress towards ending a U.S. ban on exports from Ranbaxy Laboratories' two plants in India.
Date: 03/09/2010
Mandhana Inds sees FY11 net at 750 mln rupees
- Textiles firm Mandhana Industries expects a net profit of 750 million rupees in FY11 on revenues of 8 billion rupees, a top official said on Friday.
Date: 03/09/2010
Reliance Capital fund buys 8.7 pct in retailer Trent
- Indian retailer Trent , controlled by the diversified Tata Group, said on Friday that Reliance Capital Asset Management, part of the Anil Dhirubhai Ambani group, had acquired 8.68 percent in the company.
Date: 03/09/2010
Sunil Mittals son joins Bharti Airtel, fuels succession talk
- Bharti Airtel, India's No.1 mobile operator, appointed the son of its billionaire founder-chairman as a manager, raising speculation he was being groomed for a top position in the $27 billion company.
Date: 03/09/2010
Rupee off two-week high as shares give up gains
At 12:45pm, the partially convertible rupee was at Rs46.670/675 per dollar, off Rs46.63 -- its highest since 23 August
Date: 03/09/2010
World Indices 3– Sep– 2010
Exchange Last Trade (%Chg) Change BSE Sensex 18,221.43 (-0.09%) -16.88 NASDAQ COMPOSITE 2,200.01 (1.06%) 23.17 DOW JONES 10,320.10 (0.49%) 50.63 Nikkei 225 9,114.13 (0.57%) [...]
Date: 03/09/2010
Axis Fixed Term Plan - Series 3 (3Months): Dividend Declaration
Axis Mutual Fund has approved the declaration of dividend under the dividend option of Axis Fixed Term Plan - Series 3(3Months).The quantum of declaration will be entire distributable surplus as available under the plan(s) on the record date. The record date is September 8, 2010.
Date: 03/09/2010
Fortis Declares Dividend Under Dividend Yield Fund
Fortis Mutual Fund has approved the declaration of dividend under the dividend Option of Fortis Dividend Yield Fund.The quantum of the declaration will be 15 percent. The record date is September 8, 2010.
Date: 03/09/2010
Kotak Quaterly Interval Plan Series 8 : Dividend Declaration
Kotak Mahindra Mutual Fund has approved the declaration of dividend under the dividend option of Kotak Quaterly Interval Plan Series 8.The quantum of the declaration will be 100 percent of the distributable surplus as available under plan(s) on the record date. The record date is September 08, 2010.
Date: 03/09/2010
ICICI Prudential FMP Series 52 - One Year Plan C: Extension of NFO
The NFO for ICICI Prudential FMP Series 52 ? One Year Plan C has been extended till September 09, 2010.
Date: 03/09/2010
Kotak Quarterly Interval Plan Series 8 revises load structure
Kotak Quarterly Interval Plan Series 8 has revised its exit load structure with effect from September 08, 2010.For redemptions/Switchouts anytime other than the STP: 1 percentFor redemptions/Switchouts during the STP: Nil
Date: 03/09/2010
ICICI Prudential MF declares dividend in 3 of its schemes
ICICI Prudential Mutual Fund has approved the declaration of dividend under the dividend option of the following schemes.SchemesICICI Prudential Medium Term Premium Plus ? DHICICI Prudential Medium Term Premium Plus ? DQICICI Prudential Medium Term Reg ? DQThe record date is September 08, 2010.
Date: 03/09/2010
DSPBR FMP 3M Series 17: Dividend Declaration
September 7, 2010 has been approved as the record date for declaration of dividends under DSPBR FMP 3M Series 17.The quantum of the declaration will be 100 percent of distributable surplus as available under the plan(s) on the record date.
Date: 03/09/2010
UTI Fixed Income Interval II - Quarterly Interval VI: Dividend Declaration
UTI Mutual Fund has approved the declaration of dividend option of UTI Fixed Income Interval II - Quarterly Interval VI (Retail and Institutional).The quantum of declaration will be 100 percent of distributable surplus as available under plan(s) on the record date.The record date is September 08, 2010.
Date: 03/09/2010
Dividend Declaration under HDFC FMP 35D August 2010 (1)
HDFC Mutual Fund has approved the declaration of dividend under the dividend option of HDFC FMP 35D August 2010 (1).The quantum of the declaration will be entire distributable surplus as available under the plan(s) on the record date.The record date is September 8, 2010.
Date: 02/09/2010
What are experts betting on in the infra space?
In an interview with CNBCTV18, Shailesh Kanani, Research Analyst, Angel Broking and Naveen Jain of Indiabulls Securities, speak about the infrastructure sector and give their outlook going forward.
Date: 02/09/2010
MF Global doesnt see steep correction ahead, suggests buys
In an interview with CNBCTV18, Rahul Shah, MF Global says, even if there is a correction in the market, it is not going to be steep.
Date: 02/09/2010
Nifty may swing 100250pts in next 68 sessions: CK Narayan
With the Indian bourses displaying a robust rally, experts believe that the uptrend will continue. "Historically, the markets don’t make lows in the month of September," CK Narayan of Sharyans Resources says adding that the Nifty may swing another 100250 points in the next six to eight sessions.
Date: 02/09/2010
Nifty has support at 5350: JM Financial
The next leg of the downtrend should see much more bearish momentum leading to substantial damage, says Gautam Shah of JM Fin.
Date: 02/09/2010
Mkts to stay buoyant on strong eco data: Motilal Oswal AMC
Economies globally are expected to witness sluggish growth over the next couple of months but that is something that Indian markets needn't worry about. Nitin Rakesh CEO of Motilal Oswal AMC says despite the very low interest rate environment in the Western world, India has been posting fairly strong economic data.
Date: 02/09/2010
Mitesh Thackers top picks for trade today
Technical analyst Mitesh Thacker of miteshthacker.com is bullish on Bharti Airtel, HDIL, IOC, OnMobile and RNRL. He advises traders to buy into these scrips.
Date: 02/09/2010
Markets rally: Is it a signal to sell?
The Sensex ended on a flat note after gap up opening of 100 points. It was a volatile session for the markets as Nifty struggled to past 5500 mark in the entire session. The broader markets continued to outperform the Sensex.
Date: 02/09/2010
Religare MF appoints Sujoy Das as the Head of Fixed Income
Religare MF appoints Sujoy Das as Head of Fixed Income based in Mumbai.