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Monday, April 06, 2009
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RECOMMENDATION: Sintex Industries (Rs 115.25): Buy
We recommend a buy on Sintex Industries from a short-term trading perspective. It is apparent from the charts of Sintex Industries that in early January 2009 it encountered resistance at Rs 210. The stock began to tumble from this ...

RECOMMENDATION: Day Trading Guide
The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level ...

OUTLOOK: Dalal Street could sustain northward momentum
But big-time FII money is not yet visible on the ground. Market may turn further northwards this week, if money inflow gets stronger. Domestic funds flow to Dalal Street has been increasing in the last three weeks. According to market ...

FOREIGN DIRECT INVESTMENT: Issue of shares against ‘franchisee rights’ not allowed
FIPB clarifies; turns down Canada’s MD Group proposal. New Delhi, April 5 The Foreign Investment Promotion Board (FIPB) has clarified that issue of shares cannot be allowed against ‘rights’, particularly if it is an intangible ...

COMMENTARY: Satyam Computer, Tata Motors sizzle
Dr Reddy’s Lab, IT majors also jump. As the US economy displayed signs of recovery, the stock markets gained for the fourth week in a row. Besides, G-20 commitments to IMF also buoyed sentiment across the globe. The S&P 500 climbed ...

STOCK MARKETS: Greatness of G20 yet to be tested
Bidyut (an economics professor) is glued to the television as it plays the images of G20 protests in London. Jogin (a student), Divya (a journalist) and Mack (an American expat working in India) ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (April 4)
Nifty (on April 2)3214.15(+153.80)
US Dollar (Buy/Sell)50.34/35
Brent crude (a bbl) Rs2,637
Gold (a gram) Rs1,371
Silver (a kg) Rs22,275

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