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Monday, March 09, 2009
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RECOMMENDATION: Geodesic (Rs 52.25): Buy
We recommend a buy in Geodesic from a short-term trading perspective. It is evident from the charts of Geodesic that it was on a medium-term downtrend from its December 2008 high of Rs 95 to late January 2009 low of Rs 38. This low is ...

RECOMMENDATION: Day Trading Guide
...

STOCKS: ONGC terms Goldman Sachs report ‘devoid of basic facts’
‘Analysis and conclusions are negatively perceived’. New Delhi, March 8 ONGC has objected to the observations made by Goldman Sachs (Global Investment Research) that there are concerns over the gas ...

OUTLOOK: Still some hopes amid gloomy condition
Domestic funds counterbalance FII selling. Dalal Street is hoping that the Sensex October low of 7,697 points holds as the support level for this week’s three trading days. There is a divergence in fall between the Sensex and the Nifty, ...

INTERVIEW: Retail centric approach helped us: Angel Broking
‘We would continue to explore opportunities to raise funds from private equity space’. Coimbatore, March 8 The prolonged downturn in the capital markets has taken its toll on the share broking community in the past one year. With ...

COMMENTARY: ICICI Bank hits six-year low
Satyam Computer jumps 16% on sell-off hopes. With bad news flowing in from all corners, including a Government report that 651,000 workers were laid off in February alone, the US stocks posted their biggest weekly losses in three months. The ...

IPOS: Photon Infotech cuts headcount, postpones IPO
Feels company is cash-rich, not in need of money. Chennai, March 8 Photon Infotech, the Chennai-based IT company with centres in the US, has reduced the number of employees by nearly 350 in the last three quarters. It has also postponed its IPO ...

STOCKS: Differential voting rights
Why Indian investors have not shown much interest in shares with differential voting rights despite the sweetener of extra ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (March 07)
Nifty (as on March 6)2,620.15(+43.45)
US Dollar (Buy/Sell)51.69/70
Brent crude (a bbl) Rs2,295
Gold (a gram) Rs1,416
Silver (a kg) Rs23,955

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In Focus
Who is hiring?

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Other Top Stories
Photon Infotech cuts headcount, postpones IPO

Gold may resume uptrend; crude, copper set to move up

5 life insurers see dip in solvency ratio

Bond yields harden despite policy rate cuts, fall in inflation

‘Uninterrupted supply chain, the biggest challenge’

Looking back
Mar. 1-Mar. 7
Seshasayee warns against too much role for governments

Reliance Industries GDR tumbles 4.85%

Economy boosters or baits for votes?

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