The Hindu Business Line : Wednesday, July 09, 2008

MARKETS

STOCK MARKETS: Marketmen see positive in Left move as uncertainty ends
Expect policy reforms to take place. Mumbai, July 8 With the Left withdrawing support from the Government, uncertainty over the Left issue is now over and this seems to have brought some relief to the ...

STOCKS: Select power stocks hog limelight on N-hopes
Analysts see these stocks providing attractive entry levels. Kolkata, July 8 A whole host of counters on Tuesday moved on their proven or supposed capability in terms of nuclear power generation. ...

RECOMMENDATION: Day Trading Guide
The stock has formed a doji candlestick pattern in the last trading session. Desist trading in this counter for the day. ...

STOCK MARKETS: No-confidence motion and market behaviour
‘Return of clarity, certainty on political scene help markets’. Stock markets might have pruned their losses on Tuesday as the Left parties actually carried out their long-standing threat of withdrawing support to the ruling ...

TODAY'S PICK (Latest Audio: English/Tamil)

RECOMMENDATION: GSK Pharma (Rs 1,179.15): Buy
We recommend a buy in GlaxoSmithKline Pharmaceuticals from a short-term horizon. It is clearly visible from the charts of GlaxoSmithKline Pharmaceuticals that it was on a long-term down trend from its April 2006 high of Rs 1,553 to its January ...

REGULATORY BODIES & RULINGS: SAT sets aside SEBI directive on Mysore Cements open offer
Mumbai, July 8 The Securities Appellate Tribunal has set aside the SEBI order which had directed German company Heidelberg Cement (represented by Cementrum IB.V) to pay the public shareholders of Mysore Cements Rs 72.50 per equity share in its ...

FINANCIAL SERVICES: KZen Equities launches investment advisory services
Mumbai, July 8 KZen Equities launches its investment advisory operations in the country today which will offer its clients (high networth individuals and entrepreneurs) the opportunity to invest in early stage investment opportunities (mid-cap ...

STOCK MARKETS: Markets pare early losses as hopes of Govt survival rise
Mumbai, July 8 Indian equities recovered part of their intra-day losses in the afternoon session as news trickled in that the Government may survive with support from the Samajwadi Party. ...

FINANCIAL PERFORMANCE: Motilal Oswal Q1 standalone net at Rs 18 cr
Mumbai, July 8 Motilal Oswal Financial Services Ltd has reported a standalone net profit of Rs 18.14 crore for the first quarter of the current fiscal. The total income of the firm was Rs 24.9 crore for the quarter ended June 30, 2008. The ...

STOCKS: Setback for UP sugar mills
They may have to consider re-stating 2007-08 profits. The Allahabad High Court decision on Monday upholding a State Advised Price (SAP) of Rs 125 per quintal for cane procured in Uttar Pradesh in the 2007-08 season, could require leading sugar ...