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Monday, November 09, 2009
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RECOMMENDATION: Tata Power Company (Rs 1271.5): Sell
We recommend a sell in the stock of Tata Power Company from a short-term perspective. It is evident from the charts of the stock that its intermediate-term uptrend that commenced in March low of Rs 602 was arrested at Rs 1,487 in late ...

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 ...

STOCK MARKETS: Downtrend persists on Nagarjuna Fertlizers, Suzlon
F&O QUERY CORNER. I am only a seasonal trader in stock market and I enter futures whenever the technical charts and graphs break down continuously breaching important support levels. I will enter such stock futures and exit in between the ...

COMMENTARY: Profit-booking may push indices downwards
Soothing words and action key to keep sentiments up. Dalal Street avoided continuation of a corrective phase last week, particularly for the Sensex, thanks to substantial short covering. This week, chances of a repeat of a large-scale ...

FINANCIAL SERVICES: Silicon Valley trio creates a Facebook for stocks
Mumbai, Nov. 8 Three Indian engineers in Silicon Valley hit upon the idea of starting an online social investing community in 2008 by modelling their enterprise on the lines of Facebook ...

COMMENTARY: Dr. Reddy’s Lab maintains momentum
Infotech, bank majors record handsome gains. US stocks posted handsome gains despite Government figures putting the unemployment rate above 10 per cent. The Labor Department said the jobless rate hit 10.2 per cent in October, the highest in 26 ...

IPOS: India, China, Brazil leading primary markets recovery: E&Y
Mumbai, Nov. 8 India, China and Brazil are likely to lead the recovery of global IPO markets, says a recent Ernst and Young survey – Institutional Investor IPO. The survey said that the IPO market recovery in these countries could ...

FOREIGN INSTITUTIONAL INVESTORS: Tax on FII inflows
Brazil found that FII money was threatening to create an asset bubble, which has all along been the Indian experience and apprehension too. After all, the Indian bourses have been driven by the FII ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Nov 06)
Nifty (at close)4,798.15 (+32.60)
US Dollar (Buy/Sell)46.80/81
Brent crude (a bbl) Rs3,658
Gold (a gram) Rs1,561
Silver (a kg) Rs28,620

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