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Thursday, March 19, 2009
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RECOMMENDATION: Thermax (Rs 174.65): Buy
We recommend a buy on Thermax stock from a short-term trading perspective. We observe from the charts of Thermax that from December 2008 high of Rs 222, the stock was on a medium-term downtrend till it found support at around Rs 150 in ...

RECOMMENDATION: Day Trading Guide
DLF moved up in the last trading session negating our prior view. Buy the stock in dips as long as it trades above Rs 162, with tight stop-loss. Utilise rallies to sell ICICI Bank and ...

STOCKS: Cement stocks outdo Sensex
Significant amount of mutual fund buying in stocks. BL Research Bureau Cement stocks have witnessed a significant rally in 2009 as compared to the benchmark ...

STOCKS: Analysts puzzled as Akruti doubles in a week
No fundamental reason for the movement, say traders. Mumbai, March 18 Shares of Mumbai-based infrastructure and real estate company Akruti City touched its 52-week high of Rs 2,145 before closing 27 per cent higher at Rs 2,012 on the BSE ...

FOREIGN INSTITUTIONAL INVESTORS: Hemendra Kothari sells stake, exits DSP Merrill
Mumbai, March 18 The Chairman of DSP Merrill Lynch, Mr Hemendra Kothari, has sold his remaining stake of 10 per cent in the company to Bank ...

STOCKS: UK fund offloads holding in Vijaya Bank
Kolkata, March 18 The Children’s Investment Fund, an FII that has been selling its stake in bank stocks in recent weeks, on Wednesday substantially unloaded its holding in Vijaya ...

DERIVATIVES MARKETS: Open interest jumps for DLF, RCom, ICICI Bank
Turnover remained robust at Rs 54,871.14 crore in the F&O segment on the NSE on Wednesday. The NSE Nifty closed at 2786.75, a discount of about eight points against the spot close of 2794.7. The Nifty future on Tuesday had closed almost ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (March 18)
Nifty (at 3.30 pm)2,794.70(+37.25)
US Dollar (Buy/Sell)51.33/35
Brent crude (a bbl) Rs2,400
Gold (a gram) Rs1,411
Silver (a kg) Rs22,665

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In Focus
Mandate 2009

Who is hiring?

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Other Top Stories
Slowdown casts its shadow on pharma sector

Analysts puzzled as Akruti doubles in a week

Axis Bank to curtail personal loan portfolio

India’s GDP to slowdown this, next fiscal too: IMF

S. India tea production seen 35% down in Q1 on drought

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Looking back
Mar. 8-Mar. 14
Photon Infotech cuts headcount, postpones IPO

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