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Thursday, October 15, 2009
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FOREIGN INSTITUTIONAL INVESTORS: Rupee nearly breaches 46
Mumbai, Oct. 14 The rupee gained 35 paise against the dollar on Wednesday and came very close to breaching the 46 level, on the back of sustained FII ...

RECOMMENDATION: Nilkamal (Rs 163.6): Buy
We recommend a buy in the stock of Nilkamal from a short-term perspective. It is evident from the charts that the stock took support around Rs 43 that is a significant long-term support level in March and has been in an intermediate-term ...

RECOMMENDATION: Day Trading Guide
Fresh long-position can be initiated only if DLF exceeds Rs 442, with stiff stop-loss. Utlise rallies to sell ICICI Bank as the stock is experiencing selling interest at higher levels. Initiate ...

FOREIGN INSTITUTIONAL INVESTORS: Sensex at 17-month high
Strong corporate earnings, encouraging Index of Industrial Production numbers and bullish sentiment across the globe pushed the benchmark indices to a 17-month ...

STOCKS: New GSM operators steal the thunder
Established players see decline in subscriber additions in Sept. The tariff war unleashed by newer players of mobile services is starting to take its toll on the incumbent ...

STOCK EXCHANGES: BSE offers trading in NSE-listed ETFs
This will help the schemes gain popularity: Analysts. Now investors can trade on the Bombay Stock Exchange in exchange traded funds (ETFs) that are exclusively available on the ...

IPOS: Mandhana plans public issue to raise Rs 135 cr
Money to help set up a garment unit near Mumbai. Mumbai, Oct. 14 Mandhana Industries, an integrated textile company, plans to invest Rs 206 crore to set up a garment unit and expand yarn dyeing and weaving facility at Tarapur, on the outskirts ...

FINANCIAL PERFORMANCE: Motilal Oswal Q2 net profit rises 79%
Mumbai, Oct. 14 Motilal Oswal Financial Services reported a 79 per cent jump in its net profit for the second quarter of the current fiscal over the same period last year. The standalone net profit of the financial services firm jumped to ...

REGULATORY BODIES & RULINGS: SEBI orders Pinnacle Shares to close down
Mumbai, Oct. 14 SEBI has directed Pinnacle Shares Registry Pvt Ltd to wind up its business, following fraudulent transfer of shares of genuine shareholders of Parsoli Corporation to the promoters of Parsoli and their front ...

FINANCIAL SERVICES: Religare appoints O&M as creative partner
Mumbai, Oct. 14 Religare Enterprises Ltd (REL), the diversified financial services group, has appointed Ogilvy & Mather as its communication and brand partner. The size of the account is estimated at Rs ...

DERIVATIVES MARKETS: Metal futures in limelight
Chennai, Oct. 14 Turnover remained moderate at Rs 65,953.48 crore on Wednesday. The Nifty futures ended with a marginal premium at 5120 against the spot close of 5118.2. It shed open position, ...

EVENTS: Investor awareness programme
The Madras Stock Exchange (MSE) is conducting an investor awareness programme on October 24. The programme would be held between 4 p.m. and 6 p.m. at the exchange premises – No. 30, Second Line Beach, Chennai – 600 001. Mr V. ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Oct 14)
Nifty (at close)5,118.20(+63.95)
US Dollar (Buy/Sell)46.13/14
Brent crude (a bbl) Rs3,360
Gold (a gram) Rs1,495
Silver (a kg) Rs28,680

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