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Wednesday, June 10, 2009
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RECOMMENDATION: Bartronics India (Rs 158.90): Buy
We recommend a buy on Bartronics India stock from a short-term trading perspective. It is evident from the charts of Bartronics that it has been on an intermediate-term up-trend since the March low of Rs 61, forming higher peaks and ...

RECOMMENDATION: Day Trading Guide
Fresh long-position can be initiated only if DLF exceeds Rs 414, with tight stop-loss. Though ICICI Bank and SBI bounced up in the last trading session, the near-term stance is ...

STOCKS: Is Satyam ‘undervalued’ given current financials?
Margins have been much lower than industry average. After remaining in the sidelines for most part of the stock market rally, the Satyam Computer stock hit the upper circuit on Tuesday after its financials were disclosed for the first ...

STOCKS: Buyers find PSU stocks attractive on divestment hopes
Kolkata, June 9 PSU stocks witnessed targeted buying as market expected fresh Government initiative for ...

NEW FUND OFFER: Shinsei MF to launch 3 schemes
Plans PSU Bond Fund, Industry Leaders Equity Fund. Mumbai, June 9 Shinsei Mutual Fund, the first Japanese-based sponsored mutual fund plans to launch three schemes in the next two months. The fund house got SEBI’s nod to launch ...

IPOS: Mayajaal IPO gets least grade from CARE
Chennai, June 9 Rating agency CARE has assigned the initial public offering of Mayajaal Entertainment the least grade (Grade 1), which indicates ...

STOCKS: Tata Motors sells 1.1 crore shares of Tata Steel to Tata Sons
Mumbai, June 9 Tata Motors in a bulk deal on Tuesday sold 1.1 crore shares of Tata Steel on the BSE to Tata Sons for Rs 456.78 crore. The transaction took place in two tranches. First 70 lakh shares of Tata Steel were sold by Tata Motors at ...

DERIVATIVES MARKETS: Open interest surges for Unitech, Suzlon
Turnover improved to Rs 69,273.85 crore in the F&O segment. Thanks to a strong rally, the Nifty future ended in premium at 4556.05 against the spot close of 4550.95. On Tuesday, the Nifty future closed in a discount. In Tuesday’s ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (June 9)
Nifty (at close)4,559.10(+129.40)
US Dollar (Buy/Sell)47.48/49
Brent crude (a bbl) Rs3,179
Gold (a gram) Rs1,362
Silver (a kg) Rs24,375

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