Moneycontrol Top Headlines All Stories from Moneycontrol.com http://www.moneycontrol.com Fri, 04 Jul 2008 04:57:01 GMT Moneycontrol.com http://img1.moneycontrol.com/images/mc_common/mc_logo_n18.gif Moneycontrol Logo http://www.moneycontrol.com Feed provided by Moneycontrol. Expect FY10 sales to cross Rs 100 cr: Avon WeighingPankaj Saraiya, MD and CEO of Avon Weighing Systems, said he expects FY10 sales to cross Rs 100 crore. Commercial production of the unit will start by OctoberNovember \'08.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345280Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 22:52:03 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345280RIL invites RComm for conciliatory talks: SrcsReliance Industries has written to Reliance Communications, and MTN boards again, sources said. It has invited RComm for conciliation talks as per 2006 noncompete agreement and asked for conciliatory meeting before formal arbitration process. It has also invoked the provision of dispute resolution contained in the agreement. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345435Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 21:02:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345435Is India\'s infra boom waning?The sheen is coming off India\'s infrastructure boom. The number of bidders for projects are shrinking. Building India\'s infrastructure was seen as a booming sector not long ago, but with the global economic downturn infrastructure projects are losing their sheen. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345434Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 21:01:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345434Will MTN extend RComm exclusivity deadline?The countdown has begun. With just five days to go before the exclusivity period for talks between Reliance Communications and MTN expires, the buzz now is that MTN may extend the deadline. But both sides continue to maintain a stoic silence. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345432Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 20:39:15 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345432Mkts likely to recover faster: PN VijayPortfolio Manager PN Vijay said that India has managed domestic inflation and the interest rate scenario fairly well. He believes that markets may bleed for some more time due to high inflation but should be out of the woods a lot faster. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345428Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 20:22:35 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345428EADS selects HCL as preferred supplier for engg servicesHCL Technologies (HCL), the global IT services provider, today announced that it has been chosen as a key partner to provide product engineering services and technical publication services to EADS. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345433Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 19:50:13 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345433Danone deploys BMC Software Solution to Unify European I.T.BMC Software announced that Groupe Danone, one of the world’s largest and most successful food companies, has fully implemented BMC’s IT Service Management (ITSM) offering, a key piece of Business Service Managementhttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345431Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 19:40:02 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345431NCDEX Trade details for July 03, 2008NCDEX – Trade Details for July 03, 2008http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345430Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 19:32:03 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345430Tricom acquires Pacific Data CentersTricom India Limited (BSE code 531675 NSE code TRICOM), a company specializing in nonvoice Business Process Outsourcing has announced the acquisition of Pacific Data Centers, Inc., through its subsidiary Tricom Document Management, Inc. in USA.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345429Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 19:23:18 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345429Dabur enters hard surface cleaner market with DazzlMarking its foray into the hard surface cleaning market, India\'s leading consumer products maker Dabur India Ltd on Thursday announced the launch of two new products disinfectant Floor Cleaner and antibacterial Kitchen Cleaner – under the \'Dazzl\' brand http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345427Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 19:01:06 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345427BSEL Infra\'s operational revenue up 144% to Rs 374.20crBSEL Infrastructure has posted 144% rise in its consolidated Net Sales to Rs. 374.20 crores, as against Rs. 153.23 crores last year. The PAT for the same period stands at Rs. 112.08 crores, a hop of 45.7% over Rs. 76.92 crores in the previous fiscal. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345426Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:54:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345426June unemployment data unchanged at 5.5% (MoM)June unemployment data is unchanged at 5.5% month on month (MoM), reports CNBCTV18. Jobless claims for weekended June 28 is up 16,000 to 4,04,000. US jobless claims are up 16,000 versus an expected increase of 1,000. The June nonfarm payroll is down 62,000 while the market expected a decrease of 55,000. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345419Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:52:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345419Audi will launch super sports car R8 in IndiaAudi, the German luxury car manufacturer, will launch its exclusive midengine R8 in autumn this year in India. The spectacular model which carries the name and the genes of the fivetime Le Mans winner combines its superior performance with the unmistakable design proportions of a pure sports car and a high degree of daytoday drivability. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345425Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:46:51 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345425ICICI Bank can slip to Rs 500: SukhaniTechnical Analyst, Sudarshan Sukhani is of the view that ICICI Bank has down side target of Rs 500. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345417Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:44:38 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345417Buy Axis Bank at Rs 600 level: PN VijayInvestment Advisor, PN Vijay is of the view that one can buy Axis Bank at Rs 600 level.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345415Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:38:17 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345415Bank of Rajasthan revises NRE FCNR ratesBank of Rajasthan has announced a revision in NonResident (External) Rupee Deposits (NRE) and Foreign Currency NonResident Deposits (Banks) FCNR (B) with effect from July 01, 2008. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345424Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:37:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345424Tata Steel an excellent buy: PN VijayInvestment Advisor, PN Vijay is of the view that Tata Steel is an excellent buy and top pick in metal sector at beaten down levels.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345414Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:32:00 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345414Avon Weighing Systems listed at 39% premiumThe fixed price at par IPO by Avon Weighing Systems Limited was listed at Rs 13.90 on the BSE today, commanding a 39% premium over the Issue price of Rs 10. Keynote Corporate Services Limited was the Lead Manager for the Issue and Datamatics Financial Services Limited is the Registrar to the Issue.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345423Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:29:07 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345423Punj Lloyd bags order for power worth Rs 1005crPunj Lloyd, an Engineering, Procurement and Construction specialist, announced that it has been awarded a Rs 1005 crores (USD 251.25 Million) contract by GVK Power (Govindwal Sahib) Limited, Hyderabad to work on the 2 X 270 MW Govindwal Sahib Coal Fired Thermal Power Project in Taran Taran District, Punjab. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345422Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:20:49 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345422Are oil losses exaggerated?The High Powered Committee on Oil may recommend drastic changes in the way upstream companies share the oil subsidy burden. CNBCTV18 learns that the Committee has found discrepancies in the under recoveries that oil marketing companies report and the under recoveries that they actually incur. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345413Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 18:17:35 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345413Will Samajwadi Party support UPA on nuke deal?It can be said safely that the Samajwadi Party (SP) will be supporting the UPA government as far as the vote of confident in the parliament is concerned. But will the SP give a blanket support to the UPA on the nuclear deal?. That is the bigger question that has not yet been answered. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345411Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:47:05 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345411Rupee, bonds end lowerThe spot rupee ended lower at Rs 43.30 per USD as against its previous close of Rs 43.16. The widely traded 8.24%, 2018 paper closed lower at Rs 96.26 as against its previous close of Rs 96.48.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345410Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:42:23 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345410Cleartrip ZoomIn to launch photo contestCleartrip, ZoomIn join hands to launch Photo Contest on Best Vacation Photohttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345421Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:37:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345421Buy crude on dips: Anand Rathi CommoditiesKishore Narne, VP, Anand Rathi Commodities is bullish on crude at current levels. He added that it will come to USD 165170 per barrel soon. According to him, every dip should be used as a buy opportunity because he does not expect crude to come below USD 143 per barrel. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345409Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:30:25 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345409Ashok Leyland\'s domestic sales up 10.6%Ashok Leyland\'s Total vehicle sales up 9.7% compared to June 2007. Domestic sales up 10.6%. Exports up 2.2%http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345420Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:30:02 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345420ECB hikes key interest rates by 25bps to 4.25%The European Central Bank has hiked key interest rates by 25 bps to 4.25%, reports CNBCTV18.ECB was hiked for the first time since June 6, 2007.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345406Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:22:16 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345406Reliance Money launches Riyada Reliance MoneyReliance Money, the largest broking and distribution house in India and part of the Reliance Anil Dhirubhai Ambani Group, announced its debut in Saudi Arabia by launching a new company Riyada Reliance Money in collaboration with Bahrain based Riyada Consulting, a leading management consultancy advisory company in the region.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345418Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:21:36 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345418Ctrl S 1st Indian Datacentre to get ISO 20000 certificateCtrl S Datacenters Ltd., the pioneers in tier IV data centers, has announced today that it has received ISO/IEC 20000 and ISO/IEC 27000 certificate, from BSI India, the subsidiary of the British Standards Institute. These certificates validate that the service and security managements of Ctrl S adheres to the highest standards in the world.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345416Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:11:54 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345416There was a complete mix in the FO spaceThere was a complete mix in the FO space. In the morning we saw significant amount of short buildup and some bit unwinding after yesterday’s long buildup. But at midday and towards the last half an hour of trade, some of those shorts were covered and again there was bit of short covering, which we saw took the markets up wee bithttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345404Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:02:50 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345404ICICI PruSuvidha Infoserve to accept insurance premiumICICI Prudential Life ties up with Suvidha Infoserve to accept insurance premium at over 3000 outlets across Indiahttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345412Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:01:59 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345412Decontrol Policy: Shot in the arm for sugar if doneWith the current prices treading high and the out put from the next season expected to be substantially lower than the previous 3 years, this decontrol could be a vital shot in the arm that the sector needs.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345405Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 17:00:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345405Zapak partners with Adlabs LoveStory 2050Zapak partners with Adlabs and Baweja Movies’s magnum opus LoveStory 2050 for movie merchandise. Zapak.com, India’s largest online gaming portal, a Reliance ADA Group venture today announced a tieup with the movie ‘LoveStory 2050’. As a part of this deal Zapak will have the distribution rights of the movie merchandise. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345402Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:44:02 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345402Satyam launches SatyamStarPower.comSatyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information services provider, announced today that has launched SatyamStarPower.com, a web portal designed to showcase the creative talents of its employees worldwide.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345408Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:42:43 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345408Stocks to watch: Gujrat NRE, Cairn, Nagarjuna FertThe markets opened with sharp cuts and traded deep in the negative territory. Vijay Bhambwani of bsplindia.com is positive on Cairn India, Petronet LNG and Reliance Petroleum. Sudarshan Sukhani of Technical Trends is positive on Gujrat NRE Coke and Nagarjuna Fertilizer. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345399Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:35:56 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345399Global economy to be worst hit in 2008: Montek Singh Montek Singh Ahluwalia has said that steps to tame inflation will take time to show effect. The year 2008 will be the worst year for global economy. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345401Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:35:33 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345401Buy Bombay Rayon Fashions, target of Rs 480: P LilladherPrabhudas Lilladher has maintained its buy rating on Bombay Rayon Fashions with a revised target price of Rs 480. With global macro indicators positively impacting the domestic garment industry and with BRFL’s own capacity expansion drive bodes well for the company.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345398Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:29:01 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345398Stay away from Tata Steel: SukhaniTechnical Analyst, Sudarshan Sukhani is of the view that Tata Steel\'s collapse has broken down significant support levels and one should not look at it any more for buying.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345396Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:21:42 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345396Manaksia steps up operations in Nigeria through subsidiarymanaksia has grown by 40% both in terms of bottom line and top line. Metal segment has grown most on YoY basis and it contributed 80% of total sales. The company’s consolidated net sales for FY08 was at Rs 1147.37 crore, as against Rs 827.76 crore last year. The PAT increased by 39.28% YoY to Rs 128.19 crore from Rs 92.03 crore. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345397Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:20:21 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345397Nokia launches Nokia E71 Nokia E66Nokia launches slim, stylish Nokia E71 Nokia E66 optimized for personal professional email. The E71 and the E66 will be available across the country and are expected to retail at MRPs of Rs.22,949 and Rs. 23,689 respectively.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345394Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:20:21 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345394Better opportunity to enter into banks: SukhaniTechnical Analyst, Sudarshan Sukhani is of the view that banks are better opportunity to enter into.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345395Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:20:16 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345395Avoid sugar space: ChokseyDeven Choksey of KR Choksey Securities is of the view that one can ignore sugar space.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345403Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:18:58 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345403As oil prices continue to rise, so does uncertaintyAs oil prices continue to hit new highs, David Wyss, Standard Poor\'s Chief Economist, has provided a global look at what\'s driving the demand and supply equationhttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345400Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:15:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345400Sukhani upbeat on Gujarat NRE Coke and Nagarjuna FertilizerTechnical Analyst, Sudarshan Sukhani is upbeat on both the stocks Gujarat NRE Coke and Nagarjuna Fertilizer both the stocks remain in longterm bull markets.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345392Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:15:09 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345392Prism Cement annual net profit up by 25%Prism Cement Limited has posted a PAT of Rs. 242 Crores for the year ended June 30, 2008 as against a PAT of Rs.193 Crores for the previous year ended June 30, 2007, registering a growth of 25%.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345391Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:02:28 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345391JSW Steel post 22% growth in crude steel productionJSW Steel Limited post a 22% growth on comparable basis in crude steel production in Q1 FY 200809 including production of Salem works for corresponding period. The Company has also achieved 18% growth in Rolled long products segmentshttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345390Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 16:00:55 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345390GEI bags order worth Rs 50cr from Oil Gas sectorGEI bags order worth Rs 50crore from Oil Gas Sector. This is the second order bagged by GEI from Essar Construction (India) Ltd. The previous order bagged in March was for Rs. 30 crores.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345388Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:51:27 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345388HP bets BIG on SMBsHP unveiled a range of initiatives to bolster its leadership in the burgeoning SMB printing segment. The initiatives include the roll out of its new marketing campaign ‘Dream Bigger’ with Shah Rukh Khan as the celebrity endorsement, along with the launch of a host of products targeted at SMBs.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345387Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:50:16 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345387IBM technology to protect customer data in call centersResearchers at IBM\'s India Research Laboratory have developed advanced data masking technology that helps call centers protect critical data without disrupting customer service or business operations.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345386Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:42:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345386India Cement an under performer: Prabhudas LilladherPrabhudas Lilladher research has maintained under performer rating on India Cement with target price of Rs 117. The stock currently trades at a P/E of 7.9x and 8.7x FY09E and FY10E respectivelyhttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345382Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:31:03 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345382Avon Weighing ends with 19% premium Avon Weighing Systems, a company engaged in the business of selling weighing systems in India closed at Rs 11.90 on the BSE against its issue price of Rs 10 at a premium of 19%.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345366Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:31:02 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345366HindujaOVL consortium may bag Iranian oil gas field dealHindujaOVL consortium may bag Iranian oil gas field deal. Iran\'s gigantic South Pars gas field in the Persian Gulf is being planned to be developed in 24 phases with Phase12 being dedicated to the Iran LNG project, which is wholly owned by National Iranian Oil Co.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345383Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:30:51 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345383The Hot launch of Kingston HyperX Affordable EditionThe Hot Launch of Kingston HyperX Affordable Edition. The new affordable HyperX series has an operating frequency of DDR31600, and is sold for an exceptional price! I messaged back that we should also check out the KHX8500 and KHX9200, both priced at less than $100 USD!http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345385Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:29:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345385Sensex@13K expensive if crude boils: HSBCMichael Preiss, Associate Director of Investment Advisory Group, HSBC, said investors are looking at more downside potential in India. He told CNBCTV18 that interest rates and inflation is the real issue with India. He stated that outflows may slowdown a bit. Sensex at 13,000 may be expensive if crude continues to rally, he further added. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345381Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:28:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345381Indian Oil Corp flares upAt 3:13 pm, Indian Oil Corporation, IOC was quoting at Rs 343.50, up Rs 20.35, or 6.30%. It has touched an intraday high of Rs 346 and an intraday low of Rs 315.90. It was trading with volumes of 211,575 shares. Yesterday the share closed up 2.51% or Rs 7.90 at Rs 323.15. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345377Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:23:51 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345377Deccan Chronicle an market performer: P LilladherPrabhudas Lilladher has maintianed marker performer rating on Deccan Chronicle with target price of Rs 121. Deccan Chronicle Holdings (DCHL) reported 39% YoY growth in revenue from Rs 1.48 billion to Rs 2.05 billion for Q4FY08. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345379Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:23:38 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345379iFlex Solutions gains further groundAt 3:13 pm, IFlex Solution was quoting at Rs 1,422.25, up Rs 61.30, or 4.50%. It has touched an intraday high of Rs 1,435 and an intraday low of Rs 1,287. It was trading with volumes of 31,308 shares. Yesterday the share closed up 5.73% or Rs 73.70 at Rs 1,360.95.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345376Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:23:25 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345376See Sensex bottoming around 12,300: Deven ChokseyDeven Choksey of KR Choksey Securities feels that in the intraday movement, one is seeing the shortcoverings back into the market. \"In such situation, we will see the market bottoming out somewhere around n in the next 500 points from here between 12,800 and 12,300.\" http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345378Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:23:07 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345378Thermax advances nearly 4%At 3:18 pm, Thermax was quoting at Rs 380, up Rs 14.30, or 3.91%. It has touched an intraday high of Rs 380.40 and an intraday low of Rs 335.10. It was trading with volumes of 57,880 shares. Yesterday the share closed up at Rs 365.70. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345375Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:21:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345375Crude has potential to go back to $100/bbl: MIG InvstCrude has gone past $145/bbl mark and a rate hike is hovering over the European zone. Richard Morrish of MIG Investments said if the USD 147 per barrel level is broken, then crude is slated to touch USD 156.85 on October 8, at which point there would be a very sharp correction, bringing it back to $120 kind of levels. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345393Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:21:19 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345393Nuance Communications launches 9 new Indian languagesNuance Communications, Inc., the world’s leading supplier of speech, smart keypad and imaging solutions, today announced the availability of 9 new Indian languages for speech recognition in the contact centre.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345380Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:20:22 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345380Suzlon Energy moves downAt 3:07 pm, Suzlon Energy was quoting at Rs 183.75, down Rs 15.7, or 7.87%. It has touched an intraday high of Rs 199.45 and an intraday low of Rs 182. It was trading with volumes of 2,375,037 shares. Yesterday the share closed up 1.76% or Rs 3.45 at Rs 199.45. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345374Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:19:51 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345374Jagran Prakashan a market performer: Prabhudas LilladherPrabhudas Lilladher has maintained its market performer rating on Jagran Prakashan with a target price of Rs 78. The research firm continues to maintain our confidence on JPL’s ability to grow its revenue at 16% CAGR FY0810Ehttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345373Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:16:33 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345373Karuturi Global marches ahaeadAt 2:59 pm, Karuturi Global was quoting at Rs 22.20, up Re 1, or 4.72%. It has touched an intraday high of Rs 22.25 and an intraday low of Rs 20.15. It was trading with volumes of 2,494,724 shares. Yesterday the share closed up 2.66% at Rs 21.20. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345371Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:11:02 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345371Bank Of Baroda minting moneyAt 2:58 pm, Bank Of Baroda was quoting at Rs 212, up Rs 6.80, or 3.31%. It has touched an intraday high of Rs 216 and an intraday low of Rs 197.55. It was trading with volumes of 400,479 shares. Yesterday the share closed up 5.12% or Rs 10 at Rs 205.20.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345370Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:08:18 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345370MAN Industries PAT up by 28.79%MAN Industries reported a growth of 28.79 per cent in Net Profit After Tax at Rs 71.21 crore compared to Rs 55.29 crore in the last fiscal. The company has reported a growth of 32.39% per cent in Net Sales at Rs. 1500 crore for the year ending March 31, 2008 http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345372Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:07:56 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345372SBI top gainer on the SensexSBI is the top gainer on the Sensex. At 2:52 pm, the share was quoting at Rs 1,124.90, up Rs 45.65, or 4.23%. It has touched an intraday high of Rs 1,135 and an intraday low of Rs 1,041.60. It was trading with volumes of 731,220 shares. Yesterday the share closed up 5.33% or Rs 54.60 at Rs 1,079.25.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345369Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:02:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345369Orchid Chemicals makes smart gainAt 2:50 pm, Orchid Chemicals and Pharmaceuticals was quoting at Rs 244, up Rs 11.10, or 4.77%. It has touched an intraday high of Rs 245.90 and an intraday low of Rs 230. It was trading with volumes of 784,876 shares. Yesterday the share closed down 1.79% or Rs 4.25 at Rs 232.90.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345368Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 15:01:59 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345368Union Bank maintain its march aheadUnion Bank of India has continued to gain. At 2:48 pm, the share was quoting at Rs 110.05, up Rs 4.15, or 3.92%. It has touched an intraday high of Rs 110.65 and an intraday low of Rs 101. It was trading with volumes of 272,083 shares. Yesterday the share closed up 5.69% or Rs 5.70 at Rs 105.90.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345367Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:59:09 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345367LIBA launches 1Year Diploma in Retail ManagementLIBA launches One Year Diploma in Retail Management. Specially designed by academic and industry experts the programme will cater to working professionals who want to study and further enhance their management skills.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345365Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:54:42 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345365Bank Of India moves furtherAt 2:42 pm, Bank Of India was quoting at Rs 233.50, up Rs 9.95, or 4.45%. It has touched an intraday high of Rs 238.90 and an intraday low of Rs 209. It was trading with volumes of 1,351,553 shares. Yesterday the share closed up 13.10% or Rs 25.90 at Rs 223.55.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345364Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:53:55 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345364Patni Computer gushes forthAt 2:35 pm, Patni Computer Systems was quoting at Rs 223.15, up Rs 6.60, or 3.05%. It has touched an intraday high of Rs 226.50 and an intraday low of Rs 217. It was trading with volumes of 37,294 shares. Yesterday the share closed up 4.41% or Rs 9.15 at Rs 216.55. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345359Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:48:09 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345359Gujarat NRE may test doubledigit: BhambwaniTechnical Analyst, Vijay Bhambwani is of the view that below Rs 120 Gujarat NRE Coke is going to go doubledigit.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345358Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:46:29 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345358More pressure on $ may spike oil prices: ExpertsDavid Moore, Commodity Strategist, Commonwealth Bank feels that there is potential for the oil price to move higher in the shortterm, particularly if the US dollar comes under pressure because of potential increase in interest rates by the European Central Bank.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345361Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:45:48 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345361UB Holdings hits 52week lowUnited Breweries Holdings has touched a 52week low of Rs 233. At 2:28 pm, the share was quoting at Rs 239.50, down Rs 30.1, or 11.16%. It was trading with volumes of 13,160 shares. Yesterday the share closed down 6.57% or Rs 18.95 at Rs 269.60.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345357Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:40:27 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345357Buy Simplex Infrastructures, target of Rs 566: AngelAngel Broking has maintained its buy rating on Simplex Infrastructures with a revised target price of Rs 566. Angel estimates SI to clock a CAGR growth of 42% and 66% over FY20072010E in Topline and Bottomline, respectively.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345356Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:37:51 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345356ICICI Bank sheds 6%At 2:26 pm, ICICI Bank was quoting at Rs 586.20, down Rs 36.8, or 5.91%. It has touched an intraday high of Rs 615 and an intraday low of Rs 555.55. It was trading with volumes of 1,611,287 shares. Yesterday the share closed up 5.68% or Rs 33.50 at Rs 623. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345355Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:37:35 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345355Indian Hotels continues to gainAt 2:25 pm, Indian Hotels Company was quoting at Rs 85, up Rs 4.25, or 5.26%. It has touched an intraday high of Rs 85.35 and an intraday low of Rs 77.50. It was trading with volumes of 287,275 shares. Yesterday the share closed up 6.18% or Rs 4.70 at Rs 80.75.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345354Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:36:13 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345354Mercator Lines sails smoothlyAt 2:21 pm, Mercator Lines was quoting at Rs 82.90, up Rs 6.05, or 7.87%. It has touched an intraday high of Rs 84.25 and an intraday low of Rs 72.60. It was trading with volumes of 1,287,786 shares. Yesterday the share closed up 4.20% or Rs 3.10 at Rs 76.85.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345353Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:32:39 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345353Some signs of a claw back Its been a bad day for the market but at least its off the lows, so some signs of a little bit of a claw back happening now. From sub 3900 levels on the Nifty, we have now clawed back to about 3960, still down a massive 130 points.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345384Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:30:12 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345384Steel pipe, tube makers to cut prices by 10%: Stl SecyThe Steel Secretary said that steel pipe and tube makers will cut product prices by 10%. Primary and secondary producers will take steps to increase HR coil availability. They will reduce direct and indirect exports, he said. Primary steel companies say they don\'t necessarily see product prices rising in August.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345360Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:29:33 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345360India Cements a market performer: IIFLIIFL has maintained its market performer rating on India Cements with a target price of Rs 162. India Cements’s (ICL) net sales rose 8% YoY to Rs 8.4 billion, beating our estimate of Rs 8.2 billion.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345352Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:27:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345352Prithvi Information advances 4.1%At 2:14 pm, Prithvi Information Solutions was quoting at Rs 128.60, up Rs 5.15, or 4.17%. It has touched an intraday high of Rs 130 and an intraday low of Rs 119. It was trading with volumes of 68,245 shares, compared to its fiveday average of 33,567 shares, an increase of 103.31%.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345351Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:25:00 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345351Maytas Infra a market performer: IIFLIIFL has recommended a market performer rating on Maytas Infra. Maytas Infrastructure reported a strong 157% YoY increase in FY08 revenues, significantly ahead of research firm\'s expectation.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345350Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:15:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345350Unitech among major losersUnitech is among major losers on the Nifty. At 2:07 pm, the share was quoting at Rs 155.05, down Rs 15.85, or 9.27%. It has touched an intraday high of Rs 171 and an intraday low of Rs 151.50. It was trading with volumes of 5,209,288 shares. Yesterday the share closed up 5.66% or Rs 9.15 at Rs 170.90. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345349Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:10:42 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345349Buy Gammon India: IIFLIIFL has recommended a buy rating on Gammon India. Gammon India reported strong revenue growth of 32% during 4QFY08. EBITDA margins too expanded 90bps YoY to 9.6%. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345348Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:08:43 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345348S Kumars witnesses selling pressureAt 1:57 pm, S Kumars Nationwide was quoting at Rs 67.60, down Rs 9.7, or 12.55%. It has touched an intraday high of Rs 77.50 and an intraday low of Rs 67.30. It was trading with volumes of 121,616 shares. Yesterday the share closed up 2.45% or Rs 1.85 at Rs 77.30.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345346Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:07:45 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345346Demand for crude to rise 57% in FY09: Oil SecyPetroleum Secretary MS Srinivasan said demand for crude would increase by 57% in 200809, reports CNBCTV18. \"India FY09 crude import bill seen at USD 110120 billion, as against USD 68 billion last year.\" According to Srinivasan, the country\'s fuel demand depends on pricing policy.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345347Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:07:19 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345347Gujarat NRE Coke declines nearly 13%At 1:52 pm, Gujarat NRE Coke was quoting at Rs 109, down Rs 15.75, or 12.63%. It has touched an intraday high of Rs 125 and an intraday low of Rs 106.20. It was trading with volumes of 2,943,395 shares. Yesterday the share closed up 2.93% or Rs 3.55 at Rs 124.75. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345341Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:04:03 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345341Bharti Airtel takes dipAt 1:50 pm, Bharti Airtel was quoting at Rs 709.25, down Rs 35.15, or 4.72%. It has touched an intraday high of Rs 743 and an intraday low of Rs 700. The company has denied merger talks with Kuwait firm Zain, reports CNBCTV18. It was trading with volumes of 731,622 shares. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345340Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:00:53 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345340Manugraph Industries rolls downAt 1:57 pm, Manugraph Industries was quoting at Rs 79, down Rs 5.45, or 6.45%. It has touched an intraday high of Rs 84 and an intraday low of Rs 78.50. It was trading with volumes of 8,929 shares. Yesterday the share closed up 16.72% or Rs 12.10 at Rs 84.45.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345345Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:00:45 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345345Don\'t buy at current levels: Rajat BoseBose advised people not to give a short call at current levels. \"If anybody is carrying a short position, and if 3,880 to 3,810 Nifty July Futures support level gets broken, there are chances that it might actually go down to 3,765 to about 3,740. The momentum seems to suggest that the downswing momentum is still on.\" http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345343Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:00:25 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345343Bharti AXA gets IRDA approval to start operationsBharti AXA General Insurance receives IRDA clearance to commence operations. A joint venture between Bharti Group and AXA Group today announced that the Company has been granted Certificate of Registration by the Insurance Regulatory Development Authority (IRDA). thus paving way for the commencement of business. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345342Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 14:00:14 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345342NMIMS bags BMA\'s \'Outstanding Management Institute Award\'NMIMS bags BMA’s \'Outstanding Management Institute Award for The last Five Years\'. The ceremony was witnessed by distinguished guests from academic and corporate world.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345339Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:49:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345339Corporation Bank issues certificates under Waiver SchemeCorporation Bank has commenced issue of certificates to the farmer beneficiaries of the Agricultural Debt Waiver and Debt Relief Scheme announced by the Government of Indiahttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345362Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:24:25 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345362CanvasM bags \'Best StartUp Company Award\'Canvas M bags Best StartUp Company Award at the Mobile Content Awards \'08. As one of the finalists in the Best Startup category, CanvasM was chosen from a list of over 150 entries in various categories from companies across the globe.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345338Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:22:11 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345338Sugar cos unsure of govt decontrol from Oct 1The Centre has decided to decontrol the sugar industry staring from the new crushing season, i.e. October 1. The Cabinet is expected to approve the Food Ministry’s proposal recommending dismantling the 10% levy currently imposed on mills. However, sugar companies are unsure whether this will move will come about. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345337Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:22:09 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345337NYSE Euronext purchases 5% equity interest in MCXNYSE Euronext, the world’s leading and most diverse financial market group, announced that it has completed through its affiliate Euronext NV, the acquisition of a 5% equity position in the Multi Commodity Exchange http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345336Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:14:48 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345336See 10yr bond at 9.2% in 2 weeks: StanChart BkSundeep Bhandari, Regional HeadGlobal Market South Asia at Standard Chartered Bank sees the 10year going over 9% soon. He expects rate hikes post the credit policy announcement in July if inflation and oil continue to be the concerns. He sees rupee at 43.8 to a dollar moving into the 44 level in the shortterm.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345333Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:13:56 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345333Axis Bank slips on profit bookingAt 12:53 pm, Axis Bank was quoting at Rs 575, down Rs 60.85, or 9.57%. It has touched an intraday high of Rs 630 and an intraday low of Rs 569.90. It was trading with volumes of 236,109 shares. Yesterday the share closed up 7.35% or Rs 43.55 at Rs 635.85. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345330Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:05:24 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345330Indiaplaza announce the inaugural Golden Quill Book AwardsIndiaplaza announces the inaugural Golden Quill Book Awards. Initiated as an annual event, the award is aimed at encouraging and promoting excellence in writing amongst Indian authors.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345329Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:04:11 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345329Mkts still slippery on oil cues: ExpertsRahul Shah, MF Global, advices the investors to keep of for now. Ramachandran Krishanan, Barclays Wealth India, feels that it is very clear that the oil price is something which can dramatically change the pessimism in the market. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345331Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 13:01:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345331Shrenuj FY08 net sales up by 25% at Rs 1225crShrenuj and Company Ltd. FY08 Net Sales up by 25% at Rs 1225 crore PAT up by 36% at Rs. 45 crore. Net profit for the year ended March 31, 2008 rose by 36% to Rs. 45 crore, as against Rs 33 crore posted in the same period of last fiscal. Earnings per Share (EPS) for FY08 stood at Rs.6.46 (FV 2), compared to Rs.5.43 in FY07. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345328Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:57:25 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345328eSys receives \'Achiever Award\' from ADC KroneeSys Technologies, a leading IT distribution major globally and in India, today announced that ADC Krone, leading global supplier of copper and fiber based connectivity solutions and cabling products, has conferred eSys with the \"Achiever Award\" for registering 100 percent growth in sales of ADC Krone\'s products/solutions in the year 2007http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345332Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:56:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345332Allahabad Bank increases BPLR Deposit Interest ratesAllahabad Bank, one of the leading nationalized banks of the country, has decided to increase the Benchmark Prime Lending Rates (BPLR) by 50 basis points to 13.50% with effect from 1st July, 2008. The increase in BPLR has been necessitated in view of the increase in CRR requirement and overall economic scenario.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345327Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:50:24 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345327Adlabs Films puts on a poor showAt 12:39 pm, Adlabs Films was quoting at Rs 360.50, down Rs 37.95, or 9.52%. It has touched an intraday high of Rs 394 and an intraday low of Rs 355.90. It was trading with volumes of 358,416 shares. Yesterday the share closed up 5.20% or Rs 19.70 at Rs 398.45.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345325Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:48:44 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345325Buy BL Kashyap Sons, target of Rs 1587: IIFLIIFL has maintained its buy rating on BL Kashyap Sons with a revised target price of Rs 1587. Boosted by strong revenue growth in 4QFY08, B L Kashyap’s net profit was ahead of IIFL\'s expectations, despite a 80bps contraction in margins.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345323Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:42:01 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345323Prism Cement FY08 net profit up at Rs 241.6 crPrism Cement has announced its FY08 results. The company\'s net profit was up at Rs Rs 241.6 crore from Rs 192.7 crore.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345322Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:42:00 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345322Sundaram Finance hikes Fixed Deposit interest ratesSundaram Finance Ltd., which has over 2. 50 lakh depositors, has announced an upward revision in interest rates with effect from 1st July 2008. The company has increased the Interest Rate on One year Deposits to 10% p.a. and on Two and Three year deposits to 10.5% p.a., payable quarterly. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345324Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:41:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345324Punj Lloyd plunges 11%At 12:31 pm, Punj Lloyd was quoting at Rs 192.95, down Rs 23.7, or 10.94%. It has touched an intraday high of Rs 218 and an intraday low of Rs 192.25. It was trading with volumes of 687,894 shares. Yesterday the share closed up 9.12% or Rs 18.10 at Rs 216.65. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345319Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:41:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345319Yes Bank announce increase in PLR by 50 bpsYes Bank announces increase in PLR by 50 basis points and FD Interest Rate to 9.75% p.a. for tenor of 1 year 1 day onwards. Deposits for a tenor of 1 year and 1 day up to 18 months will earn a higher return of 9.75% p.a. (previously 9.50%) while Senior Citizens will earn an attractive return of 10.25% p.a. (previously 10.00%).http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345326Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:40:24 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345326GAILRIL may team up to build petrochem unit in Qatar GAIL says it may set up a mega petrochemical unit in Qatar along with RIL, reports Newswire18. GAIL and RIL may hold equal equity in the Qatar petrochemical unit. The company will invest USD1.2 billion, Newswire 18 adds.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345320Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:39:49 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345320IOC wins WPC Excellence Award 2008Indian Oil wins the WPC Excellence Award 2008 for technical development. In a significant development that recognises the competence of Indian research in the global arena, Indian Oil beat the likes of Chevron, USA, and Saudi Aramco, Saudi Arabia, to win the coveted WPC Excellence Award 2008 in the technical development category. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345321Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:39:45 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345321Limited downside in Tata Motors: BaligaAmbareesh Baliga of Karvy Stock Broking is of the view that in Tata motors there is not much more of a downside from here.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345318Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:39:15 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345318Usha Martin maintain its march aheadAt 12:25 pm, Usha Martin was quoting at Rs 72.35, up Rs 2.85, or 4.10%. It has touched an intraday high of Rs 72.60 and an intraday low of Rs 68. It was trading with volumes of 67,045 shares. Yesterday the share closed up 12.01% or Rs 7.45 at Rs 69.50.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345317Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:35:13 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345317Simplex Infrastructures net up by 68%Simplex Infrastructures Ltd., spurt in net profit to Rs. 90 crore from Rs 54 crore for FY07. The EBIDTA has grown 69% to Rs. 292 crore from Rs. 172 crore on revenue growth of 64% to Rs. 2812 crore from Rs. 1711 crore. The overseas revenue has risen 90% from Rs. 251 crore to Rs. 475 crore with its share increasing from 15% to 17%.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345316Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:33:38 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345316Tata Motors can touch Rs 470480: R JainRajesh Jain of SMC Global Securities is of the view that any counter rally trend could take Tata Motors at higher levels around Rs 470480 levels.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345315Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:31:15 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345315Buy Tata Steel, target of Rs 870: IIFLIIFL has maintained its buy rating on Tata Steel with a 12month target price of Rs 870. Tata Steel explained that higher other expenditure at its subsidiary was partly due to a onetime increase in pension liability.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345313Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:29:06 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345313SBI launches Cash Back for its Debit card holderSBI launches Cash Back for its Debit card holder, from 1st July to 31st August 2008. During this period, customers of State Bank of India and its Associate Banks using their Debit Cards for making payments for Rs.501/ or above will get cash back up to 5%.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345314Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:23:20 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345314DCB minting moneyAt 12:12 pm, Development Credit Bank, DCB was quoting at Rs 49.40, up Rs 2.25, or 4.77%. It has touched an intraday high of Rs 50.50 and an intraday low of Rs 43.85. It was trading with volumes of 1,112,672 shares. Yesterday the share closed up 8.64% or Rs 3.75 at Rs 47.15.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345311Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:23:15 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345311Pyramid Saimira can test Rs 330350: BaligaAmbareesh Baliga of Karvy Stock Broking is advice that the investor should average out at Rs 150160 level because over the next 1218 months one should easily get levels of Rs 330350.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345310Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:21:13 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345310Book profits in Pyramid Saimira at Rs 220225: R JainRajesh Jain of SMC Global Securities is of the view that one can book profits in Pyramid Saimira at around Rs 220225.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345309Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:16:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345309Piramal Healthcare acquires PlasmaSelect AGPiramal Healthcare Limited, one of India’s largest pharmaceutical and healthcare companies, and part of the Piramal Group, announced the completion of a definitive agreement with PlasmaSelect AG, Germany, to acquire PlasmaSelect’s polygelinebased blood plasma products marketed under the brand name “Haemaccel” in over 38 countrieshttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345312Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:13:58 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345312SAIL among major losersSAIL is among major losers on the Nifty. At 12:10 pm, the share was quoting at Rs 130.50, down Rs 11.45, or 8.07%. It has touched an intraday high of Rs 141.95 and an intraday low of Rs 129.30.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345308Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:13:52 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345308Pfizer an outperformer: Prabhudas LilladherPrabhudas Lilladher has maintained its outperformer rating on Pfizer with a target price of Rs 732. At the CMP of Rs 551, the stock trades at 11.3x FY08E EPS of Rs 48.9 and 9.8x FY09E EPS of Rs 56.3.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345306Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:10:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345306Escorts MF launches Leading Sectors FundEscorts Mutual Fund has launched Escorts Leading Sectors Fund, an openended equity scheme seeks to provide capital appreciation or income distribution by investing in companies from Leading Sectors, depending upon their growth prospects and sustainability of future earnings growth.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345307Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:10:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345307Uttam Sugar approves 1:4 rights issue, stock downAt 11:53 am, Uttam Sugar Mills was quoting at Rs 53.85, down Rs 3.6, or 6.27%. It has touched an intraday high of Rs 58.80 and an intraday low of Rs 53.15. The company board has approved 1:4 rights issue, reports CNBCTV18. It was trading with volumes of 96,793 shares. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345303Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:05:49 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345303Carnage in metal universe, index down over 7%Metal universe was butchered in today’s trade. It was under serious pressure from opening of trade and was down 7.83% at 12201 levels.JSW Steel was worst hit and was down over 11%, followed by big boys like Jindal Steel, Tata Steel that were down over 10% and 9% respectively.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345304Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:04:43 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345304Rabe Iyer to Head ‘BIG Street’BIG Street, recently commissioned OOH division of Adlabs Films Ltd has appointed Mr. Rabe. T. Iyer as its Head. While the industry is poised for some great growth and numbers, BIG Street is working towards becoming the largest inventory aggregator in the country. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345305Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 12:02:08 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345305Sun TV Network a market performer: Prabhudas LilladherPrabhudas Lilladher has maintained its market performer rating on Sun TV Network with a target price of Rs 332. Given the company’s near monopoly position in the southern markets it continues to maintain rich valuations despite the 22% decline in stock price.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345302Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:59:18 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345302DLF has target of Rs 300310: BaligaAmbareesh Baliga of Karvy Stock Broking is of the view that DLF has target of Rs 300310.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345300Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:58:50 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345300Jim Womack to address Biz Leaders in IndiaDr. Jim Womack, Chairman and Founder, Lean Enterprise Institute, and ViceChairman, Lean Global Network, will be addressing Indian business leaders at the first ever Lean Management Summit 2008 to be held in Mumbai on August 4 and in Chennai on August 6.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345301Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:53:39 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345301Emco gains on plan to set up power plantAt 11:36 am, Emco was quoting at Rs 135.55, up Rs 3.30, or 2.50%. It has touched an intraday high of Rs 139 and an intraday low of Rs 130.05. The company has planned to set up 600MW coal based plant in Chhattisgarh, reports The Economic Times.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345298Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:48:42 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345298HCC bags Rs 340cr BOT project of NHAIHCC, India’s leading construction and infrastructure development Company, has bagged the prestigious order from National Highway Authority of India to construct the 4.4 km elevated highway at Badarpur on National Highway 2 (Mathura Road) near Delhi on BOT basis.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345299Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:45:34 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345299Motilal Oswal a market performer: Prabhudas LilladherPrabhudas Lilladher has maintained its market performer rating on Motilal Oswal Financial Services with a target price of Rs 730. At 2.0x FY09E and 1.7x FY10E book value, MOFSL is clearly a value pick for the longterm investor.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345297Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:43:52 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345297Nagarjuna Const trips on selling pressureAt 11:31 am, Nagarjuna Construction Co. was quoting at Rs 121.60, down Rs 12.05, or 9.02%. It has touched an intraday high of Rs 131 and an intraday low of Rs 118. It was trading with volumes of 30,785 shares. Yesterday the share closed up 5.82% or Rs 7.35 at Rs 133.65.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345296Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:41:01 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345296Sejal, Bafna Pharma, Niraj Cem slip 4050% below IPO priceWeakness in markets is not over yet as indices are touching new lows and lost nearly 4070% from their alltime highs. Primary market has affected very badly by this situation. Three new listings namely Sejal Architectural Glass, Bafna Pharma and Niraj Cement are trading way below their issue prices.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345295Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:40:17 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345295NALCO eyes stake in Talco; stock downAt 11:23 am, NALCO was quoting at Rs 335.95, down Rs 13.5, or 3.86%. It has touched an intraday high of Rs 349 and an intraday low of Rs 333.05. The company is looking for 51% stake in Tajikistan\'s Talco, a aluminum producer, reports The Financial Express.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345294Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:34:37 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345294Block deal in Amtek Auto, stk hits 52week lowAmtek Auto has touched a 52week low of Rs 221.20. At 11:19 am, the share was quoting at Rs 225, down Rs 9.05, or 3.87%. There was a block deal of 20 lakh Amtek Auto shares on BSE at Rs 234.50 per share, reports CNBCTV18. It was trading with volumes of 2,015,536 shares.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345293Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:29:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345293Jindal Steel declines sharplyAt 11:17 am, Jindal Steel Power was quoting at Rs 1,698, down Rs 151, or 8.17%. It has touched an intraday high of Rs 1,826 and an intraday low of Rs 1,670. It was trading with volumes of 100,636 shares. Yesterday the share closed up 12.67% or Rs 207.95 at Rs 1,849.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345292Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:28:21 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345292Indiabulls Real Estate plunges 9%Indiabulls Real Estate has slipped today. At 11:16 am, the share was quoting at Rs 260, down Rs 26.2, or 9.15%. It was trading with volumes of 183,491 shares. Yesterday the share closed up 14.27% or Rs 35.75 at Rs 286.20. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345291Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:26:45 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345291Buy Larsen and Toubro, target of Rs 3034: EmkayEmkay Global Financial Services has upgraged its rating on Larsen and Toubro from accumulate to buy with a revised target price of Rs 3034. The traditional approach of PE and EV/Ebidta is not indicative of the true value of the group.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345289Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:23:36 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345289Retail investor is maturing: ICICI Pru MFNimesh Shah, MD and CEO, ICICI Prudential does not see huge redemptions and said that inflows have fallen sharply. He feels that the cash levels across schemes are not significant. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345290Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:20:36 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345290SpiceJet forges aheadAt 11:09 am, SpiceJet was quoting at Rs 23.70, up Rs 1.10, or 4.87%. It has touched an intraday high of Rs 25 and an intraday low of Rs 21.30. It was trading with volumes of 609,855 shares. Yesterday the share closed up 2.03% or Rs 0.45 at Rs 22.60.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345288Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:20:07 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345288Should you sell your fund now?Any decision to sell your fund has to be well thought out one and not based on some immediate urge. Hemant Rustagi highlights six points to be considered while making a decision to sell.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=322241Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:15:24 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=322241No redemption seen from HNIs: ExpertsRajesh Sampat, Head of Enam Direct feels that there is no redemption seen from High Networth Individuals or HNIs. However, there is some inflow seen. Agreeing to this Rakesh Parekh of JM Financial Services said that there is no redemptions from HNI”S and they have not done much churn either. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345287Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:11:30 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345287Infra, bank continue to underperform: N ShahNilesh Shah, MD CEO of Envision Capital feels that till inflation and the monetary policy tightening does not stop, infrastructure and banks will continue to underperform.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345286Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:07:17 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345286Crude has an immediate support of USD 148 on higher sideCrude is still holding USD 144 well on the lower side here and more gains is what the markets are expecting. It’s the European Central Bank (ECB) rate interest decision at 5 o’clock India time this evening with the markets would be keenly watching at. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345284Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 11:01:19 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345284Tata Power plumets 10.7%At 10:49 am, Tata Power Company was quoting at Rs 980.95, down Rs 118.4, or 10.77%. It has touched an intraday high of Rs 1,080 and an intraday low of Rs 975.05. It was trading with volumes of 74,339 shares. Yesterday the share closed up 9.06% or Rs 91.35 at Rs 1,099.35.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345283Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:59:58 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345283DLF trips on selling pressureAt 10:48 am, DLF was quoting at Rs 391.40, down Rs 32.55, or 7.68%. It has touched an intraday high of Rs 428.80 and an intraday low of Rs 380. It was trading with volumes of 1,012,025 shares. Yesterday the share closed up 15.08% or Rs 55.55 at Rs 423.95. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345282Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:57:28 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345282Buy Mahindra and Mahindra, target Rs 596: IIFLIIFL has maintained its buy rating on Mahindra and Mahindra with a target price of Rs 596. Mahindra Mahindra’s automotive volumes rose 9% YoY in June 2008, in line with research firm\'s expectation.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345281Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:53:21 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345281Tata Steel top loser on the SensexTata Steel is the top loser on the Sensex. At 10:40 am, the share was quoting at Rs 673.90, down Rs 67.3, or 9.08%. It was trading with volumes of 611,880 shares. Yesterday the share closed up 6.21% or Rs 43.35 at Rs 741.20. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345278Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:50:38 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345278Hinduja Foundries close to 2 buyouts in Europe, stk dn 5%At 10:39 am, Hinduja Foundries was quoting at Rs 171, down Rs 9, or 5% onthe Nifty. The company is close to two buyouts in Europe, reports Financial Express. It was trading with volumes of 2,000 shares. Yesterday the share closed down 2.68% or Rs 4.95 at Rs 180.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345277Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:44:43 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345277Still in Asarco race, all parties agree on pact: SterliteEven after reports of Groupo Mexico coming to bid for US based Asarco, Anil Agarwal, Chairman Sterlite Industries said that it is still in race for the bankrupt Asarco. “We are still in the race for Asarco and all parties have approved the agreement.” He added that Asarco buyout process will take three to four court approvals. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345279Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:43:51 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345279Balrampur Chini advances 5.5%At 10:38 am, Balrampur Chini Mills was quoting at Rs 82.80, up Rs 4.35, or 5.54% on the Nifty. It was trading with volumes of 1,079,367 shares. Yesterday the share closed up 10.34% or Rs 7.35 at Rs 78.45. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345276Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:41:17 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345276Mkt is likely to fall, but a few stk could cont to do wellEuropean markets fell further, and the US indices tumbled. Asian markets are down this morning, but with small losses. The Nikkei had opened in positive territory. However, the global shortterm trend remains down. Our market is therefore likely to fall, but a few stocks could continue to do well. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345275Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:36:53 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345275Triveni Engineering continues to gainTriveni Engineering has continued to gain. At 10:32 am, the share was quoting at Rs 78.10, up Rs 3.15, or 4.20% on the Nifty. It has touched an intraday high of Rs 78.20 and an intraday low of Rs 71.10. It was trading with volumes of 611,387 shares. Yesterday the share closed up 12.20% or Rs 8.15 at Rs 74.95.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345273Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:36:43 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345273Get into stocks with 1218 mths perspective: UBS SecSuresh Mahadevan, Head of Research at UBS Securities expects the things to recover by end of this fiscal year. According to him, it is good time to get into good stocks with a 1218 months perspective. He feels that the Sensex target of 19000, could change if the oil prices continue to rise.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345274Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:34:42 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345274Brokers bullish on India Cement, Opto CircuitsBrokerage houses are bullish on India Cement, Opto Circuits, Madras Cement, United Phosphorus, Reliance Ind and Glenmark Pharma.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345272Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:30:35 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345272Sell GlaxoSmithKline Consumer, tgt Rs 587: IIFLIIFL has initiated a sell rating on GlaxoSmithKline Consumer Healthcare with a 12month target price of Rs 587. The stock is trading at a oneyearforward PE of 14.3x, in line with its fiveyear PE average.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345271Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:27:29 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345271Buy Madras Cement, tgt Rs 4000: SharekhanSharekhan research has maintianed buy rating on Madras Cement with target price of Rs 4000. At the current market price of Rs2,712, the share trades at 7.5x and 6.4x its FY2009 and FY2010 earnings respectively .http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345270Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:23:57 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345270Indian GDRs: Larsen up 7%, SBI surges 5.7%Indian GDRs: LT, Gail, SBI, Reliance, Ranbaxy, Mahindra gained, while Tata Comm and Grasim plunged.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345269Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:22:11 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345269HDIL falls from higher levelHDIL has plunged today. At 10:09 am, the share was quoting at Rs 375.45, down Rs 27.45, or 6.81%. It was trading with volumes of 153,749 shares. Yesterday the share closed up 19.22% or Rs 64.95 at Rs 402.90.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345267Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:18:58 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345267ONGC an underperformer: EnamEnam Securities has downgraded its rating on Oil and Natural Gas Corporation to sector underperformer with a target price of Rs 907. ONGC remains vulnerable to higher subsidy share.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345268Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:18:29 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345268Block deal in Reliance Infra, stk slips 6.3%At 10:05 am, Reliance Infrastructure was quoting at Rs 740, down Rs 50.5, or 6.39%. There was a block deals of 33 lakh Rel Infra shares on NSE, BSE at Rs 743 per share, reports CNBCTV18. It was trading with volumes of 125,301 shares. Yesterday the share closed up 12.60% or Rs 88.45 at Rs 790.50.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345265Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:13:43 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345265Buy India cement, tgt Rs 200: Motial OswalMotilal Oswal research has maintianed buy rating on India Cement with target price of Rs 200. Valuations of 5.9x FY09E EPS (fully diluted, but including treasury stock) and 4.4x FY09E EBITDA are attractive.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345266Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:12:11 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345266HDFC slips on profit bookingAt 10:03 am, HDFC was quoting at Rs 1,920, down Rs 119.2, or 5.85%. It has touched an intraday high of Rs 2,008.80 and an intraday low of Rs 1,910. It was trading with volumes of 8,661 shares. Yesterday the share closed up 11.10% or Rs 203.75 at Rs 2,039.20.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345264Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:11:02 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345264Akruti City approves GDR / ADR issue, stk slips 5.5%At 10:04 am, Akruti City was quoting at Rs 754, down Rs 44.2, or 5.54% on the Nifty. The company board has approved GDR / ADR / FCCB issue up to USD 500 million, reports CNBCTV18. It was trading with volumes of 1,919 shares. Yesterday the share closed up 19.95% or Rs 132.75 at Rs 798.20. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345263Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:08:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345263Sterlite Industries top loser on the NiftySterlite Industries is the top loser on the Nifty. At 10:01 am, the share was quoting at Rs 665.90, down Rs 49.65, or 6.94%. It was trading with volumes of 61,067 shares. Yesterday the share closed up 6.84% or Rs 45.80 at Rs 715.55. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345261Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:05:10 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345261Mundra Port plunges 7.4%At 09:58 am, Mundra Port and Special Economic Zone was quoting at Rs 445.70, down Rs 35.6, or 7.4% on the NSE. It has touched an intraday high of Rs 472 and an intraday low of Rs 438. It was trading with volumes of 37,990 shares. Yesterday the share closed up at Rs 481.30. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345260Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 10:00:04 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345260US mkts plunge on rising oil priceRising oil prices and a slumping GM hit Wall Street hard in this holiday shortened week with the Dow losing 166 points on Wednesday officially taking the Dow into bear market territory down 20% from its high.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345259Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:59:03 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345259Avon Weighing debuts with 39% premiumAvon Weighing Systems, a company engaged in the business of selling weighing systems in India listed at Rs 13.90 on the BSE against the issue price of Rs 10 at a premium of 39%.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345245Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:55:45 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345245Archidply Industries IPO to list on July 4Archidply Industries will list on the bourses with its public issue of 66,15,720 equity shares of Rs 10 each on July 4, 2008. The issue price is fixed at Rs 74 per equity share (including share premium of Rs 64 per equity share).http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345255Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:47:23 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345255Refrain from aggressive purchases: India InfolineAccording to India Infoline Daily Market Watch, refrain from aggressive purchases.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345262Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:45:55 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345262Buy Tata Chemical, tgt Rs 391: KarvyKarvy research has maintained buy rating on Tata Chemicals with target price of Rs 391. At the current market price of Rs 292 the stock is trading at 12x FY09E and 9xFY10E expected earnings.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345256Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:45:27 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345256Expect markets to be sideways today: HemAccording to Hem Securities Morning Note, we expect markets to be sideways today.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345252Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:39:44 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345252Equities, crude can\'t perform well together: Nilesh ShahNilesh Shah of Envision Capital said yesterday was just a situation where the markets were oversold and were looking for small triggers. He doesn\'t think it\'s a trend reversal; just a pullback in an oversold market. He said it\'s difficult for equities as an asset class to perfrom well when commodities are doing well.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345254Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:37:26 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345254Current upmove not to go above 4300 levels: KA SecSushil Kedia of KA Securities believes that the current upmove will not go above 4200. He feels that the marktes are deeply oversold as of now. It is safe to classify it as a strong pullback.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345253Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:36:41 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345253Avon Weighing Systems might surpriseAvon Weighing Systems had priced its issue well. It has left a bit on the table for investors. We guess, it will do Rs 1.5 in earning per share and Rs 6065 crore in sales for FY09.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345251Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:35:56 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345251Quatrro BPO to add gaming vertical to its kittyQuatrro BPO now sees an opportunity in the gaming industry. The company has acquired UKbased Babel Media, a leading player in interactive entertainment industry. This is Quatrro\'s sixth acquisition, but the company says it is the biggest so far and will contribute almost 3040% to the company\'s turnover. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345258Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:33:26 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345258Nifty has support at 40504000: AngelAccording to Angel Broking Technical Analysis report, On the downside, 4050–4000 levels may act as support for Nifty.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345250Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:30:23 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345250Nifty may correct upto 3794: AngelAccording to Angel Broking Market Outlook report, if Nifty trades below 3951 for the first halfanhour of trade then it may correct upto 3794.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345248Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:25:37 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345248Fin Min distances itself from blame for truckers strikeThe Finance Ministry is dissociating itself from blame for the truckers strike. It has withdrawn a variety of service tax introduced in this year\'s budget and is willing to offer more concessions.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345257Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:22:21 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345257Stay away from realty stocks: AnagramAccording to Anagram Research report, chop those realty stocks and don\'t let the buyback trick fool you. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345246Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:21:46 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345246FIIs net bought Rs 1,687 crore in FONifty was up 5%, Futures Open Interest was down 5%. FIIs net bought Rs 1,687 crore in FO. Net bought Rs 1,299.3 crore in Nifty Futures; OI was down by 37,097 contracts. Nifty Futures at 29 pts discount versus 64 pts disc a day ago. Nifty Open Interest PutCall ratio was at 1.03 Vs 0.97.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345247Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:19:18 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345247Ellenbarrie Industrial to list on BSEThe equity shares of the company, Ellenbarrie Industrial Gases Limited, listed on Calcutta Stock Exchange Association, will be permitted for trading on the Bombay Stock Exchange under the “B” group with effect from Thursday, July 03, 2008.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345335Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:16:07 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345335Adinath BioLabs to list on BSE todayAdinath BioLabs will list on the BSE today. Its base price has been fixed at Rs 88.75. Circuit filter is at 5%. The stock is currently listed on Calcutta Stock Exchange.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345334Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:13:38 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345334Market may open flat: KarvyAccording to Karvy Technical Analysis report, domestic indices may witness a flattish opening, some profit taking around the 1375014000/41004200 levels may be seen after yesterday’s rise.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345244Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:10:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345244Titan Ind has $1 bn plans for FY09Titan Industries, the world\'s fifth largest watch manufacturer is looking at becoming a billion dollar entity this fiscal. The company expects jewellery retail, which saw a turnover of Rs 2,000 crore last year to drive the numbers.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345249Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:10:21 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345249Buy MCX August Gold at Rs 13150In case of gold, buy August at Rs 13,150 per 10 grams with a target of Rs 13,270 per 10 grams, says Manglik.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345242Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:02:05 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345242Rupee opens at Rs 43.27 per dollarThe Indian Rupee opened at Rs 43.27 per dollar versus Rs 43.17 yesterday. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345241Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:01:31 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345241Archies will be quite excitedVideocon surprises from time to time by trying to buy things in a very diverse and unrelated sectors, so maybe it is more Venugopal Dhoot wanting Archies. But I don’t know whether they will be able to pull it off because the Archies promoters might not want to sell at anything close to the current market price.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345285Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 09:00:15 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345285Mkts shocked on rising oil; Sensex, Nifty end down 4%Markets have completely washed out all indices in an intraday trade though some recovery has happened in late trade, which seemed like value buying at lower levels. Weak global cues on the back of rising crude have worrisome effect on our markets as well. Sensex and Nifty again test 13000 and 3900 levels, respectively in today\'s session. http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345239Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:56:56 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345239Equity calls: Karwa, MahajanThe pullback yesterday was on expected lines as the market was oversold but it is difficult to say if the rally will sustain. The market is trading at 13x FY09e and can go down further, says Karwa.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345237Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:55:16 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345237Challenging time for mkts amid negative global cuesA difficult global market and bad cues from overseas makes it a difficult day ahead. It will be very challenging for the market to move up from the current level amid global cues.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345243Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:54:46 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345243iGATE to expand in Chennai iGATE Corporation, which recently delisted its subsidiary from the Indian stock exchanges, has said it is expanding its delivery capability in Chennai.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345238Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:54:12 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345238Crude hits $146/bbl; Saudi promises more supplyCrude prices hit a fresh record above USD 144 per barrel as a drop in US crude inventories stoked supply concerns. Crude is now trading at USD 146 per barrel.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345240Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:53:12 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345240Wanted: Biodiesel policyBiodiesel is coming up in a big way in Andhra Pradesh. But the major bottleneck remains to be the availability of feedstock. The industry here wants the government to come out with a comprehensive biodiesel policy and subsidy for farmers cultivating jatrophahttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345215Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:53:11 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345215ESPN STAR Sports bags FIFA rights again ESPN STAR Sports (ESS) has acquired the broadcasting rights for the football events, including the 2010 World Cup, of the Fédération Internationale de Football Association (FIFA) for the Indian subcontinent till 2010. Last time too the broadcaster had acquired the rights and had telecast the 2006 FIFA World Cup.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345235Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:51:23 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345235Sensex has resistance at 1395614036The support for the Sensex is 13215 and resistance to the up move at 13956140361465614712.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345234Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:50:52 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345234Pride Group plans IPO to fund hotel expansion The Mumbaibased Pride Group is coming out with its initial public offering (IPO) to mop up around Rs 600 crore from the market, reports The Hindu Business Line.http://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345236Moneycontrol.com editor@moneycontrol.com Thu, 03 Jul 2008 08:50:46 GMThttp://news.moneycontrol.com/india/newsarticle/stocksnews.php?autono=345236