Oil rose to the highest price in more than two months on speculation that improving demand is eroding excess fuel supplies, while a weaker dollar boosted the appeal of commodities.
Archive for March, 2010
09:03:35 Buy EDUCOMP: Cmp: 738.70 Tgts: 750-751Hit
09:05:40 Buy BATAINDIA: Cmp: 231; Tgts: 240-242
09:07:21 Buy MSKPROJ: Cmp: 163.90; Tgts: 170-173
09:11:56 Buy SESAGOA: Cmp: 465; Tgts: 473-476Hit
09:15:56 Buy TORNTPOWER: Cmp: 286; Tgts: 298-300
09:23:07 Buy HINDCOPPER: Cmp: 541.70; Tgts: 550-555
09:26:22 BTST: ZYDUSWELL: Cmp: 381; Tgts: 390-392
09:27:17 BTST: JUBLFOOD: Cmp: 320.40 Tgts: 331-333
09:29:48 Buy ONMOBILE: Cmp: 385.50; Tgts; 395-397Hit
09:34:33 BTST: LICHSGFIN: Cmp: 882 Tgts: 895-898Hit
09:39:49 Buy JETAIRWAYS: CMp: 483; Tgts: 495-497
09:42:54 Buy HANUNG: Cmp: 215.50; Tgts:222-224Hit
09:46:21 BTST: AMRUTANJAN: Cmp: 962; Tgts: 975-980 Hit
10:17:15 Buy MADHUCON: Cmp: 161.90; Tgts: 170-174
11:07:29 Buy HITACHIHOM: Cmp: 243.25; Tgts: 252-255
11:41:01 Buy DHANBANK: Cmp: 135; Tgts: 142-145
11:48:36 Buy CROMPGREAV: Cmp: 260; Tgts: 270-273
13:23:31 Buy ZYLOG: Cmp: 428.50; Tgts: 440-442H
Latest stock market news: Stocks in news today March 31, 2010: Bharti, Tata Motors, Chola DBS, SpiceJet
Bharti inks definitive agreement to acquire Zain Africa
Enterprise value of Zain Africa BV is USD 10.7 billion
To become world’s 5th-largest wireless company post zain buy
To now have operations in 18 countries worldwide
Total customer base to be around 179 million post zain buy
To cover over 1.8 billion people post Zain buy
The Government intends to review the allocation of Reliance’s gas produced from the Krishna Godavari (KG) Basin D6 field. It could re-fix allocation as per the amounts drawn so far by the customers.
Pradip Overseas, a textile manufacturer with a niche focus on home linen products, has fixed April 5, 2010 as listing date for its equity shares.
Market Outlook, Analysis, and Review for March 31, 2010
Latest Stock market News: Stocks in news today, March 30, 2010: Aqua Log, SAIL, Ranbaxy, Bharti, SBI
Bharti – Zain deal –from sources agencies
Bharti, Zain likely to sign deal on Tuesday in Amsterdam
Gabon Govt: From Agencies
Disapproves of sale of Zain’s Gabonese assets to Bharti
Reserves all rights to take ‘all necessary measures’
Zain Gabon has not complied with local telecom regulations
CNBC-TV18 alert: Gabon among 15 African nations where Zain Africa operates
Market Outlook, Review, and Analysis for March 30, 2010:
Market Outlook for March 29, 2010:
Buying by mutual fund managers to prop up year-end net asset values (NAVs) may help market sustain higher level early next week. Global risk appetite holds key as heavy inflows from foreign funds has lifted the domestic bourses to their highest level in more than two months.
Market Outlook for March 26, 2010
The key benchmark indices reversed intraday losses and surged to fresh intraday highs in late trade tracking higher European stocks and gains in US index futures.
The domestic market today closed on an optimistic note on the back of fresh buying emerged at the lower levels across major sectoral indices like – HC and Oil&Gas stocks. Also, the statement from Prime Minister Dr. Manmohan Singh which states that Indian economy will grow at 8.5 per cent during the next financial year boosted the investors’ sentiments.
The US Congress’ approval of the historic healthcare reforms Bill will benefit Indian back-office companies in the long-term, thanks to the various transaction outsourcing opportunities and cost cutting measures it envisages.
The key benchmarks ended lower on Monday, 22 March 2010, snapping gains in the previous four trading sessions on unexpected rate hike by the central bank. Stocks in the rate sensitive sectors bore the major brunt after Reserve Bank of India’s latest action. Weak global markets due to worries over Greece’s debt crisis also weighed on investor sentiment. The BSE 30-share Sensex fell 167.66 points or 0.95%, up 73.19 points from the day’s low and off 148.61 points from the day’s high. The Reserve Bank of India (RBI) late on Friday 19 March 2010, unexpectedly raised interest rates from record-low levels, citing intensifying inflationary pressures and a steady economic recovery. The market had widely expected the RBI to raise rates soon, but the timing of its 25 basis-point hike for its key lending and borrowing rates, before April policy review, caught markets by surprise.
Update for 17th, March 2010
16th, March 2010.