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Wednesday, November 26, 2008
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RECOMMENDATION: Bank of India (Rs 233.55): Sell
We recommend a sell in Bank of India from a short-term trading perspective. It is apparent from the charts that the stock has been on a broad sideways consolidation in the range of Rs 200 and 300 from this July. The stock tested the ...

ANNOUNCEMENTS: Corporate developments
Coimbatore, Nov. 25 Great Offshore Ltd has chartered two vessels to Petroleum Marine Services Co, Egypt, and they have commenced operations in the Khafji Oilfields for Saudi Aramco under one-year firm charter with option ...

RECOMMENDATION: Day Trading Guide
...

STOCKS: REI Agro gets re-listing post restructuring
Stock slides after firm opening. Mumbai, Nov. 25 The stock of mid-cap basmati rice processing and marketing company REI Agro Ltd plunged when it got re-listed after the restructuring on Tuesday. After opening at Rs 600 on the NSE, the stock ...

IPOS: Time for redressal in IPO scam may be around the corner
SEBI has Rs 8.98 cr in fund; waiting for corpus to touch Rs 10 cr. Mumbai, Nov. 25 The time for redressal for investors who lost their money in the IPO scam is ...

STOCKS: Slower capex prudent move for Tata Chem
Refinancing of bridge loan removes uncertainty. Tata Chemicals’ decision to put on hold the planned capacity addition at its Gujarat soda ash facility (from 9.75 lakh to 12 lakh tonnes per annum) appears a prudent move in the current ...

DERIVATIVES MARKETS: Nifty futures see 36% rollover
KS Oils add long positions. Turnover declined to Rs 44,612.44 crore in the F&O segment on Tuesday against Monday’s turnover of Rs 46,218.94 crore. Despite this being the settlement week for November series, turnover remained muted ...





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Markets (Nov 25)
Nifty (at close)2654.00(-54.25)
US Dollar (Buy/Sell)49.95/96
Brent crude (a bbl) Rs2,586
Gold (a gram) Rs1,199
Silver (a kg) Rs18,370

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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Dumping duty on caustic soda to continue

Vestas goes the Formula 1 way to master wind systems

Banks seek SLR securities status for subsidy bonds

Roll-out obligations for new mobile operators may be relaxed

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Looking back
Nov. 16-Nov. 22
Derivatives market expands in first half: BIS report

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Selling at bank counters continues; private players worst losers

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