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Friday, July 03, 2009
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MARKETS

STOCK MARKETS: Market unimpressed
Mumbai, July 2 Ignoring some of the positive cues in the Economic Survey for 2008-09, the Sensex ended flat at 14,658 (up 13 points) on ...

RECOMMENDATION: Tata Motors (Rs 294.3): Sell
We recommend a ‘sell’ in Tata Motors from a short-term trading perspective. It is apparent from the charts of Tata Motors that it was on an intermediate-term uptrend between early February and early June (from Rs 126 to Rs ...

RECOMMENDATION: Day Trading Guide
Initiate fresh short-position if DLF fails to surpass Rs 345, with tight stop-loss. In the last trading session, ICICI Bank was volatile and formed doji candlestick signaling neutral stance. Moreover it ...

STOCKS: Snag in BSE circuit filter pinches retail traders
None of the trades will be cancelled, says exchange. Mumbai, July 2 A technical snag at Bombay Stock Exchange led to several shares surging beyond their circuit limits on Thursday, leading to a lot of confusion among investors, particularly ...

INVESTMENTS: MFs’ asset base grows at slower pace in June
Mumbai, July 2 The asset base of the mutual fund industry grew 4.9 per cent in June, recording the lowest monthly growth during the quarter, partly due to banks and corporations withdrawing money for advance ...

INTERVIEW: ‘The key is to stimulate investment and demand in India’
Mumbai, July 2 Mr Ajay Srinivasan, Chief Executive, Financial Services, Aditya Birla Management Corporation, believes that India has a lot of things going in its favour right now even while the rest of the world is falling apart. It is his ...

STOCK MARKETS: Marketmen get no clear signal from Economic Survey
Kolkata, July 2 Analysts, strategists and economists felt on Thursday that the Economic Survey failed to provide clear clues for the market, but did not let the optimism flag. Increasing administered retail petroleum product prices on ...

ECONOMIC OFFENCES: IPO scam: Jhaveri settles case with SEBI
Mumbai, July 2 SEBI has agreed to dispose of pending proceedings against Mr Gautam Jhaveri for his involvement in the IPO scam of 2003-04, following settlement of the case through a ...

DERIVATIVES MARKETS: ONGC hogs limelight, adds 7 lakh shares
Chennai, July 2 Turnover remained moderate at Rs 52,918.55 crore in the F&O segment on the NSE on Thursday. The Nifty July future maintained its discount and closed at 4,345.8 against the spot close of 4,348.85. It accumulated 6.98 ...

STOCKS: Max India to issue equity shares
...

STOCKS: INM cuts stake in Jagran Prakashan
Independent News & Media (INM), the publishers of The Independent has sold 7.3 per cent of its stake in India media company, Jagran Prakashan through block deals. On Wednesday the company sold 45 lakhs shares for an average price of Rs ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (July 02)
Nifty (at close)4,348.85(+7.95)
US Dollar (Buy/Sell)47.94/95
Brent crude (a bbl) Rs3,276
Gold (a gram) Rs1,350
Silver (a kg) Rs22,675

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