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Friday, May 15, 2009
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RECOMMENDATION: Aban Offshore (Rs 507.35): Buy
We recommend a buy in Aban Offshore stock from a short-term trading perspective. It is evident from the charts of Aban Offshore that after taking support around Rs 230 in early March, it bounced up and began to trend upwards. A medium ...

RECOMMENDATION: Day Trading Guide
DLF has been consolidating sideways since mid of April. Fresh long position can be initiated only if the stock surpasses Rs 260, with tight stop-loss. Utilise rallies to short ICICI Bank and ...

STOCK MARKETS: MSCI rejig reduces India weight
In its semi-annual review, Morgan Stanley Capital International (MSCI) has rejigged the constituents of its emerging markets and India ...

REGULATORY BODIES & RULINGS: Some Sensex, Nifty cos get auditors for peer review
RBI, SEBI agree to simplify listing of bonds from corporates. Kolkata, May 14 SEBI has appointed auditors for some of the Sensex and Nifty companies to do the peer review and is in the process of recruiting auditors for ...

FINANCIAL SERVICES: SEBI for clients checking their a/cs directly with depositories
REIT depends on the success of real estate mutual funds. Kolkata, May 14 The Securities and Exchange Board of India might look at empowering clients to verify the assets held in their accounts directly with the Depository instead of routing it ...

STOCKS: Promoters’ stake in Rasoi goes up
Kolkata, May 14 Raghu Modi group company Rasoi Ltd has of late been seeing changes in shareholding – both in promoter and ...

STOCKS: Geojit BNP standalone Q4 net dips 80%
Mumbai, May 14 Geojit BNP Paribas Financial Services said its standalone fourth quarter net profit dipped 80 per cent, as low trading volumes impacted revenues. Net profit fell to Rs 1.56 crore in the quarter ended March 2009 from Rs 7.81 ...

DERIVATIVES MARKETS: IDFC hogs the limelight
Chennai, May 14 Turnover remained moderate at Rs 50,988.41 crore in the F&O segment on the NSE. The NSE Nifty future closed at 3603.65 a premium of over 10 point over the spot close of ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (May 14)
Nifty (at close)3593.45(-41.80)
US Dollar (Buy/Sell)49.92/93
Brent crude (a bbl) Rs2,829
Gold (a gram) Rs1,383
Silver (a kg) Rs24,055

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

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Safeguard duty & its use…

BSNL’s GSM project under rough weather

Tea will be costlier Rs 20 a kg from today

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Asian property sales fall 83% in Q1: Survey

Maruti, Hyundai seek to ride on Europe benefits

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Looking back
May. 3-May. 9
Srei Infra promoters hike stake by 5%; skip warrants conversion

HDFC preserves asset quality

New Pension Scheme: Doubts over initial success

Metal stocks recover on Asian demand

DLF falls on buzz of promoters’ stake sale


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