The Hindu Business Line : Wednesday, April 22, 2009

MARKETS

RECOMMENDATION: Allied Digital Services (Rs 269.75): Buy
We recommend a buy in the Allied Digital Services stock from a short-term trading horizon. It is evident from the charts of Allied Digital Services that after recording a lifetime low of Rs 146 in early March 2009, the stock has ...

RECOMMENDATION: Day Trading Guide
Avoid trading in DLF for the session. Fresh short position can be initiated if ICICI Bank declines below Rs 390 and SBI tumbles below Rs 1238, with tight stop-loss. We recommend a sell ...

REGULATORY BODIES & RULINGS: 482 pleas for settling cases via consent passed
SEBI has received Rs 47.82 crore from applicants. Mumbai, April 21 SEBI on Tuesday said that 540 applications for settling cases through consent and compounding have been approved since the introduction of the consent scheme in April ...

STOCK MARKETS: RBI rate cut comes as a surprise to marketmen
Mumbai, April 21 Despite the RBI’s rate cuts, equity markets, which showed a favourable response immediately after the announcement, did not end the day in the ...

STOCK EXCHANGES: NYSE Euronext okays Satyam delisting
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STOCKS: Sesa Goa: Concerns on demand still persist
Chinese negotiations with iron ore producers will be crucial. The decline in spot iron ore prices coupled with low off-take has dragged down Sesa Goa’s sales by 6.4 per cent in the March quarter over the same period last ...

STOCKS: Verdict against UK arm may affect Punj Lloyd’s earnings
UK-based subsidiary has already hit December quarter earnings. Punj Lloyd’s December quarter numbers were saddled with its UK-based subsidiary Simon Carves’ cost overruns and invocation of guarantee by client ...

DERIVATIVES MARKETS: NSE excludes 50 stocks from F&O list
The NSE Nifty future closed at 3365.3 on a par with the spot close of 3365.85 and added 21.35 lakh shares in open interest positions. Calls saw heavy accumulation but those were on the sell side, indicating that upside might ...