19 January 2011

Nifty Flat

In the last hour of trading on Tuesday after a rally seen: Nifty session began on a quiet note. It was right to strengthen its previous closing price.

In Frontliners Jaiprakash Associates, Sterlite, ICICI Bank, Tata Steel, Reliance Infrastructure, ITC, Sesa Goa, Sun Pharma, Dr Reddy's Laboratories, Reliance Industries buyers were on the radar.

The million Q2 net profit as 5% HCL Tech net income rose 400% from Rs 20.85.

Reliance Infrastructure, Tata Power Co. also said (TPC) at least 20 MW MERC decided to get. Bombay High Court against Tata Power picks the right to assign its power. Reliance Infra Reliance Infrastructure, said consumers will be affected. Reliance Infrastructure was up 3.5% and Tata Power have declined 1%.

However, Infosys was up 1.6%. Bharti Airtel, Power Grid, TCS, SBI, HDFC and L & T are selling pressure seen.

9:17 hours by 23 points, 50 stock Nifty was trading at 5728 up 3.7 points to 30-share BSE Sensex.

CNX Midcap rose 32 points to 8189 points and Nifty 290 Junior 11 to 35 have won. About 493 stocks advanced against 180 as the stocks went on the National Stock Exchange.

18 January 2011

Nifty 5700 on positive European cues

At 14:43 hrs: The Nifty near 5700 levels within a narrow business support, technology, financial, metal, auto, health with a positive bias and cement the company's stock. Positive signs Indian European standard, the French CAC, German DAX and UK FTSE helps each rose one percent were.

On the other hand, stood on his head is limited by the selloff in ONGC, Reliance Industries, Bharti, HDFC, DLF, JPSL, Sesa Goa, with stocks of the Anil Dhirubhai Ambani Group, Tata Power.

Calf Lars Reier, managing director, global head of Equity and Alternatives Research, Credit Suisse private banking division, said India's growth may be stronger this year than in China. He expects to see growth of 15-20% of Indian stocks. Kalbreier government bonds and overweight in equities, high yield corp bonds, commodities weigh.


30 share BSE Sensex was trading at 19012-131 points and 50 share Nifty fell 42 points to 5697. In frontliners, TCS shot up 5.35%. Wipro, Cipla, Sterlite Industries, ITC, Sun Pharma, Ambuja Cements and Axis Bank were for 3.9% to 2.

However, Reliance Infrastructure fell 4.34%. DLF, Tata Power, Jindal Steel, Sesa Goa and Bharti Airtel lost 0.9 to 2.5% Gail. Midcap space, Opto Circuit jumped 9% as Q3 net profit by 23.6% to Rs 95.7 crore was. M & M Financial, Shoppers Stop, 18 network and from 5.5 to Glodyne Tech climbed 6.5%.

Although 9% HT Media Bata India, Kirloskar Brothers, KGN Industries, Glenmark and 4.6 fall. Smallcap space odyssey finance construction KNR, Oscar Investments Fedders lloyd and HBL Power 5-9%, while sterling holiday gathering, Premier, Tata Elxsi, Asian Hotels (D) and integrated manufacturing has lost 5.6% to 9.

1404 stocks advanced on the Bombay stock exchange as against 1371 shares declined.

Axis Bank Target of Rs 1601

Axis Bank has the stock on the tree and recommended its January 17, 2011 research report, rating with a target of Rs 1,601

"With a net profit Axis Bank numbers of outstanding 36% yoy to Rs 891 crore, has set higher than our expectations and the market. More and more companies, the profits and Delta NII main reason for the expected increase in variance was. NII 28% year of year  and 7% quater of quater strong credit growth and sequential margin improvement driven by quarterly comparison. net interest rate margins de-growth in time deposits, behind the strong CASA development, growth and base rate and prime lending rates 3.81% on strong traction in high-interest loans to private customers 13bps. Not -interest income 16% over the previous year and 11% healthy growth in fee income and trading profit growth driven by higher second quarter." For more read full story

Nifty Hits 5700

Nifty on a positive note started the day early financial, metal, cement and metal stocks led trade touched the 5,700 level. Since SENSEX strong pullback 19,000 saw the level rose again last week in a massive sell off. For more

17 January 2011

Tata Steel FPO

Tata Steel's 27.2 million tons per year of steel production capacity. According to ESC, the company's seventh largest steel company in the world crude steel production in 2009 was on. The company is also one of the most diverse geographical steel producer, with operations in 26 countries and a commercial presence in over 50 countries.

Objects of Issue
One private place-based company a few non-repayable at maturity of debentures partly to the expansion of existing plants in Jamshedpur, the company's share of capital expenditures to finance the payment of redemption issued.
FPO Offer Price ISSUE OPEN (Rs.) ISSUE CLOSE)
Tata Steel Rs. 594-610 19-Jan-11 21-Jan-11
Read The Prospectus Care fully.
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