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Friday, February 06, 2009
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RECOMMENDATION: OnMobile Global (Rs 236): Buy
We recommend a buy in OnMobile Global from a short-term trading perspective. It is clearly visible from the charts of OnMobile Global that after witnessing a sharp sell-off during October 2008, the stock found support recording its 52-week low of ...

RECOMMENDATION: Day Trading Guide
We re-affirm our buy recommendation in DLF. ICICI Bank and SBI is moving sideways. Avoid trading in these stocks as the outlook is cautious. In line with our expectation, ...

STOCKS: Shipping stocks gain on firm Baltic Dry index
Mercator Lines gains sharply by 23%. Mumbai, Feb. 5 Shipping stocks gained significant traction on the bourses on Thursday as the dry bulk freight market registered its biggest single-day rise of nearly 15 per cent in nearly 23 years, signalling ...

REGULATORY BODIES & RULINGS: ‘Incidents of fudging will result in changes in laws, regulations’
Mumbai, Feb. 5 The investigating agencies and regulators have responded quickly and efficiently to the Satyam scam, and the challenge now is to ensure that the culprits are brought to book in a time-bound manner, Mr C.B. Bhave, Chairman of ...

STOCKS: UTV promoters pledge most of their stake
Mumbai, Feb. 5 Promoters of UTV Software Communications Ltd have pledged 23 per cent of the outstanding shares of the company, the company disclosed on Thursday ...

INVESTMENT BANKING: Indbank turns the corner, to focus on growth
Coimbatore, Feb. 5 Indbank Merchant Banking Services Ltd (Indbank), a subsidiary of Indian Bank, has wiped out its entire accumulated losses and has turned ...

MUTUAL FUNDS: Taurus MF declares 100% dividend
Mumbai, Feb. 5 Taurus Mutual Fund has declared a cent per cent dividend for Taurus Fixed Maturity Plan (FMP) 90 ...

DERIVATIVES MARKETS: Reliance Petroleum adds fresh positions
Chennai, Feb. 5 Turnover remained unimpressive at Rs 30,808 crore in the F&O segment on Thursday. However, the Nifty future narrowed down its discount, mainly on account of short covering. The Nifty future closed at 2773.4, against the ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Feb 05)
Nifty (at close)2,780.05(-23.00)
US Dollar (Buy/Sell)48.84/85
Brent crude (a bbl) Rs2,134
Gold (a gram) Rs1,297
Silver (a kg) Rs21,195

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