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Friday, June 26, 2009
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RECOMMENDATION: Syndicate Bank (Rs 69.70): Sell
We recommend a sell in Syndicate Bank from a short-term trading standpoint. It is evident from the charts of Syndicate Bank that after forming a multi-year low at Rs 37.6 in early March it bottomed out. Since then the stock was on ...

RECOMMENDATION: Day Trading Guide
Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be ...

OPEN OFFERS: Great Offshore: ABG may revise offer next week
Waiting for Bharati Shipyard to make a move now. Mumbai, June 25 ABG Shipyard Ltd will revise its offer price for Great Offshore after Bharati Shipyard announces its offer price next week, said an ABG ...

OPEN OFFERS: No smooth sailing for Novartis, Pfizer open offers
Bid to hike stake in Indian subsidiaries. Mumbai, June 25 It has not been a smooth sailing for multinational drug companies Novartis and Pfizer looking to hike stake in their Indian ...

MUTUAL FUNDS: Index funds getting ready for Nifty free float
Higher churning to happen today to realign portfolio. Mumbai, June 25 With the NSE Nifty index moving to the free float market cap from Friday, mutual funds which have index funds are rushing to realign their portfolios accordingly. The NSE had ...

STOCKS: Delayed monsoon could change the weather for FMCG stocks: Analysts
Kolkata, June 25 Listed FMCG companies have not so far been affected by delayed monsoon. On the contrary, some of the players have seen summer sales of their seasonal products zoom. However, FMCG analysts and the marketers feel that ...

STOCK MARKETS: HNI client base drops to 84,000 in ’08
Mumbai, June 25 The number of high networth individuals in India fell to 84,000 in 2008, from 1.23 lakh in 2007 as the equity markets tumbled, says a report by DSP Merrill Lynch and ...

REGULATORY BODIES & RULINGS: Entry barrier
...

REGULATORY BODIES & RULINGS: SEBI bans 5 for cornering Pyramid Saimira shares
Mumbai, June 25 SEBI has restrained five persons from transacting in the securities market for “donning the cloak of employees” and cornering shares in the IPO of Pyramid Saimira ...

STOCK MARKETS: Revised lot size takes effect from today; Unitech adds 1.79 cr shares
Chennai, June 25 The NSE’s revised market lot size (downsizing) for 141 stocks in the F&O segment would take effect from Friday. Among them are Ashok Leyland, Bajaj Auto, HDIL, JP Associates, LIC Housing Fin, M&M, Maruti ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (June 25)
Nifty (at close)4,241.85 (-51.10)
US Dollar (Buy/Sell)48.60/61
Brent crude (a bbl) Rs3,272
Gold (a gram) Rs1,362
Silver (a kg) Rs23,395

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
AI management, unions form panel to cut costs

Cane support price raised to Rs 107.76 a quintal

PSBs may be cautious on rate cut

No smooth sailing for Novartis, Pfizer open offers

Great Offshore: ABG may revise offer next week

Pause before divesting

Exports of cashew continue to drop

HNI client base drops to 84,000 in ’08

Looking back
Jun. 14-Jun. 20
Wealthy investors still risk averse: Barclays report

SEBI chief asks mutual funds to place bets on retail investors

PAN relief for SIP up to Rs 50,000

No entry load: Upheaval seen in short-term for MFs

Satyam offer: Tech Mahindra gets US nod




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