Most Popular News from Moneycontrol.com http://www.moneycontrol.com Fri, 04 Jul 2008 04:56:01 GMT Moneycontrol.com http://img1.moneycontrol.com/images/mc_common/mc_logo_n18.gif http://www.moneycontrol.com Feed provided by Moneycontrol. Portfolio 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=345428Crude 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=345393Deven 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=345378The 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=345434The 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=345399The 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=345432Markets 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=345239The 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=345413Pankaj 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=345280Reliance 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=345435Michael 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=345381Suresh 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=345274Its 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=345384David 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=345361Even 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=345279