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Sunday, November 29, 2009
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News Update
  • PMEAC expects Q2 GDP growth at 6.1%
  • Spice Group eyeing acquisitions in MF, stock broking
  • Top 10 firms lose Rs 40,000 cr in a week
  • Gammon plans Rs 5,000 cr yearly road project investment
  • Retailers in expansion mood after a lull
  • NSE to launch MF system tomorrow
  • Spice Mobile to start manufacturing unit
  • Corporate Filings
    More
  • Markets (Nov 27)
    Nifty (at close) 4,941.75 (-63.80)
    US Dollar (Buy/Sell) 46.64/65
    Brent crude (a bbl) Rs 3,533
    Gold (a gram) Rs 1,649
    Silver (a kg) Rs 29,200

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    L&T ties up with NPCIL to make forgings for n-plants
    Larsen and Toubro is all set to ink a joint venture agreement with the Nuclear Power Corporation of India for setting up a Rs 2,000-crore project to make forgings for nuclear ...

    UTI to be first on NSE mutual fund platform
    Around 30 of the 100 schemes of UTI Mutual Fund will be listed on the new NSE Mutual Fund platform, which is set for a ...



    Clueless: Students for th...
    FIIs, flush with cash, turn selective
    Even while flooding the market with Rs 59,000 crore between March and September this year, FIIs actually reduced their stakes in several companies. Shareholding patterns show that FIIs reduced their holdings in about one-third of the ...


    Software glitch troubles CAT online debut
    Despite the economic slowdown, students are still upbeat about getting an MBA degree. More than two lakh candidates registered for Common Admission Test (CAT) 2009, with the hope of getting admission into the country's leading management ...

    Kerala wants Centre to compensate Gulf returnees
    Remittances account for quarter of State's domestic product. Fearing a large influx of laid-off workers from Dubai, the Kerala Government has sought Central aid for compensating them. The Kerala Finance Minister, Dr T.M. Thomas Isaac, told ...

    Dubai World scare, a trigger for correction?
    Is Dubai World's debt repayment problem merely a delayed aftershock of last year's credit crisis or a fresh tremor likely to shake up the financial system? Opinion may be divided on this; but the event is certainly reason for stock market ...

    Index Outlook: Volatility to the fore again
    Those of us who have been deriding the market for its comatose moves over the past fortnight had our fill of action in the last two sessions. Stock prices that had reversed lower on the derivative expiry day began hurtling downward on Friday ...

    Tulip Telecom: Buy

    Lakshmi Vilas Bank — Rights offer: Subscribe
    Investors can subscribe to the Lakshmi Vilas Bank (LVB) rights offer which is at a 25 per cent discount to its current market price. LVB is a small-sized old private bank with two-thirds of its branches located in Tamil Nadu. Though the ...

    Jyothy Labs: Buy
    It is FMCG makers which can deliver strong volume growth that have been outperformers in the stock market in recent months. That's why Indian players such as Marico, Dabur India and Godrej Consumer have seen a sharp expansion in their PE ...

    eClerx Services: Buy
    Investors with a two-year horizon may buy the shares of eClerx Services, considering the improving business prospects for the segments (financial services, manufacturing) that the company caters to and the ramp-ups in business that the company ...

    MBL Infrastructures — IPO: Invest
    Investors with a high risk appetite and a two-year perspective can subscribe to the initial public offer of MBL Infrastructures Ltd (MBL), a player in the road segment. A healthy order-book, sound clientele, backward integration and ...

    Reliance Growth Fund: Invest
    Investors with a taste for risk can consider Reliance Growth Fund. The fund has comfortably outpaced its benchmark BSE 100 as well as the more broad-based BSE 500 over an ...

    A value buy
    DSPBR World Mining Fund. DSP BlackRock World Mining Fund (DSPBR WMF), an open-ended fund of funds equity scheme, is the latest thematic fund offering from this asset ...

    Index Strategy: Consider bull call spread on Nifty
    After the roller coaster ride of last week, the coming week promises to give some firm direction to the markets. Traders can consider a bull call spread on Nifty by buying Nifty Dec 5,100 call, which closed the week at Rs 92 and selling Nifty ...

    Stock Strategy: Weak trend in L&T; consider short straddle in IFCI
    Larsen & Toubro (1590): The outlook appears negative as long as the stock stays below 1,630. However, it finds support at 1,520. A drop below that level (on a closing day basis) could weaken it to 1,475 and 1,350 and even to 1,275. On ...

    Cement prices hit rock bottom
    Slackening demand, capacity addition drive prices down. Cement prices have hit a low in Andhra Pradesh, one of the largest markets in the country, and some other States due to slackening demand and entry of ...

    PNB has no exposure in Dubai World
    Punjab National Bank (PNB) has said that it does not have any exposure in the ...

    Weekly News Round Up(Latest Audio:Enlgish/Tamil))
    Dubai, ruled by Sheikh Mohammed Bin Rashid Al Maktoum, which borrowed $80 billion in a four-year construction boom to transform the economy into a regional tourism and financial hub, suffered default due to slump in real estate following the ...


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