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Monday, June 29, 2009
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MARKETS

RECOMMENDATION: Gammon India (Rs 177.3): Buy
We recommend a buy in Gammon India from a short-term trading perspective. It is visible from the charts of Gammon that after shaping a double bottom reversal pattern between late October 2008 and mid-May, the stock conclusively broke ...

RECOMMENDATION: Day Trading Guide
...

OUTLOOK: Traders sceptical of taking part in pre-Budget rally
Volatility could be high due to reluctance to take more risks. Last week’s slight rain in Mumbai and Kolkata may have kept pessimism at bay, but very few market players are overly bullish about a pre-Budget rally this week. The ...

COMMENTARY: MTNL star performer
Dr. Reddy’s Lab registers 52-week high. US stocks continued to fall for the second week in a row, after the World Bank cautioned that the recession would be deeper than previously forecast. The S&P 500 slipped 0.3 per cent to 918.90 ...

INTERVIEW: Rejig in allocation with hopes on new Government
Mumbai June 28 With the markets starting to look up, mutual funds are beginning to receive steady inflows. At Birla Sun Life Mutual Fund, assets under management (AUMs) rose by over 9 per cent this May. Mr ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (June 26)
Nifty (at close)4,375.50 (+133.65)
US Dollar (Buy/Sell)48.10/11
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Tata Motors, JLR will work closely over time

Bonds stable ahead of Budget; liquidity continues to be high

Insuring your home loan? Make sure you get your policy papers

Recession in Europe may hit Indian shrimp exports

Looking back
Jun. 21-Jun. 27
Fund managers set store by Chinese growth

Yesterday’s nectar, today’s killer

Reports of Addax bid, court verdict pull down Reliance

Retail investors stay longer than biggies in equity funds

No smooth sailing for Novartis, Pfizer open offers

Great Offshore: ABG may revise offer next week

HNI client base drops to 84,000 in ’08




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