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Topic: Indian Stock Market (Read 11615 times)
immi22_80
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Reply #120 on:
May 13, 2009, 09:34:15 PM »
For new inverstors plz plz don't enter into market at current levels....
After correction u may try to enter into market by buying scrips into step by step.
<--Jack-->
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Reply #121 on:
May 14, 2009, 06:52:42 AM »
11000 will be a great support.......... what u say...............
immi22_80
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Reply #122 on:
May 14, 2009, 08:16:19 PM »
yes in term of nifty support level than it would be 3320
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Reply #123 on:
May 20, 2009, 02:02:32 PM »
Don't Forget to see ..........
http://realinfo.info/index.php?action=page;id=4
immi22_80
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Reply #124 on:
May 20, 2009, 09:17:09 PM »
[[News No 1.]]Indian shares fell 1.69% on Wednesday as investors took profits after the market had jumped 17.5% over two days following an election victory for the ruling coalition.
The 30-share BSE index ended down 241.37 points at 14,060.66,with 14 stocks declining.
The 50-share NSE index closed down 48.15 points at 4,270.15. [[News No 2.]] US computer giant Hewlett-Packard reported a 17% fall in quarterly net profit on Tuesday and said it plans to cut two percent of its workforce, or nearly 6,400 workers, over the next year.
HP said net profit fell earlier.
HP said revenue grew 9% in the Americas to $12.1 billion and declined by 11% in Europe, the Middle East and Africa to $ 10.6 billion.
Revenue fell 10% in Asia Pacific to $4.7 billion.
HP said it expects third quarter revenue to be flat and full fiscal year revenue to decline by four percent to 5% with full-year earnings per share of between $3.76 to $3.88.
HP shares shed 4.625 to $34.89 ieports of injuries or damage, officials said.
The quake, was centered just 16 kilometers southwest of downtown Los Angeles at a depth of 12.1 kilometers, the United States Geological Survey said, very close to where a 4.7 quake struck on Sunday night. [[News No 4.]]Irish lender ACC Bank said it will cut 200 jobs and close 16 branches around the country, blaming the global financial crisis, sharp deterioration in the Irish economy and the collapse of the local property market.
The lender to small and medium-sized businesses and the agricultural sector, which is owned by Dutch financial services provider Rabobank, will close branches between October and next April and said it also plans to “restructure other rolesâ€ÂÂÂÂ.
“We are in volatile times with global financial systems in a period of radical change, and the broader Irish economy unlikely to recover for at least another two years,†chief executive Rob Hartog said in a statement.
“These measures reflect the need to prioritise where we use our skilled resources at this time, and our anticipation that 2009/2010 will continue to be difficult,†Hartog said. [[News No 5.]]Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd on Tuesday said it has received certificate of registration from the National Housing Bank (NHB) to start operations as a housing finance company.
Tata Capital already has a presence in retail finance with auto loans, personal loans and loan against property among its products.
Announcing the new initiative, Praveen P Kadle, managing director, Tata Capital Ltd said in a statement that “The housing sector is treading a path of growth. Floating a home finance company will give us the opportunity to participate in the growing housing sector. Helping customers realize their dreams of owning a house is both fulfilling and rewarding and TCHFL will endeavour to lend its support to discerning customers in the housing segment.â€ÂÂÂÂ
The company will create a network of around 35 outlets by the end of fiscal 2010, it said in a statement, focusing primarily on Tier II and Tier III cities [[News No 3.]]Essar Oil Ltd swung to a profit in the fourth quarter after revenue surged. Net income was Rs660 crore in the three months ended 31 March after it started operating the refinery at full capacity, Essar Oil said in a statement to the Bombay Stock Exchange on Tuesday. It reported a loss of Rs8 crore a year earlier. Total income surged to Rs6,830 crore from Rs49 crore, it said.
Essar Oil shares closed up 5.9% at Rs158.45 in Mumbai trading, the highest level since 24 April.
<--Jack-->
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Reply #125 on:
May 21, 2009, 06:55:13 AM »
is it right time..................
immi22_80
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Reply #126 on:
May 21, 2009, 10:15:52 PM »
no wait for some days...
One should wait and watch for some time ...
«
Last Edit: May 21, 2009, 10:24:51 PM by immi22_80
»
immi22_80
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Reply #127 on:
May 21, 2009, 10:19:03 PM »
[[News No A.]]Indian markets ended sharply lower Thursday in line with other markets after global economic worries resurfaced to haunt investors. Profit booking across the board was also seen after a phenomenal rise of indices since Monday. Bombay Stock Exchange’s Sensex ended at 13732.61, down 328.05 points or per cent. The index touched a low of 13704.43 and high of 14089.51. National Stock Exchange’s Nifty closed at 4210.95, down 59.35 points or 1.39 per cent. The broader index hit a low of 4199.20 and high of 4319. Broader markets also gave away most of their intra-day gains. BSE Midcap Index closed 0.29 per cent higher and BSE Smallcap Index was 2.93 up per cent. Amongst the sectoral indices, BSE Capital Goods Index closed 5.09 per cent lower, BSE Bankex declined 3.12 per cent and BSE Auto Index fell 2.07 per cent. BSE Oil&gas Index ended 0.79 higher. Larsen & Toubro (-7.66%), Maruti Suzuki (-7.47%), HDFC (-5.66%), ICICI Bank (-5.58%) and Wipro (-4.89%) were amongst the Sensex gainers. Biggest gainers in the 30-share index were ONGC (8.33%), Reliance Communications (3.78%), Ranbaxy Laboratories (2.73%) and NTPC (1.99%). Market breadth was positive on the BSE with 2104 advances and 615 declines. [[News No E.]]The board of Assambrook has allotted 15 lakhs equity shares of Rs 10 each at par aggregating to Rs 150 lakhs to SASF against part conversion of the dues.
These shares were allotted at the board meeting held on 21 May 2009.
[[News No D.]]The board of Pidilite Industries has recommended dividend at the rate of Rs 1.75 per share.
This was recommended at the board meeting held on 20 May 2009.
[[News No B.]]Bajaj Auto on Thursday reported a 49.79 per cent decline in its consolidated net profit at Rs 69.14 crore for the fourth quarter ended March 31, 2009. The Pune-based firm had a net profit of Rs 137.71 crore in the March quarter of FY08, Bajaj Auto said in a filing to the Bombay Stock Exchange. The board has declared a dividend of 220 per cent at the rate of Rs 22 a share for the financial year ended March 31, 2009. The consolidated total income declined 8.61 per cent to Rs 1,883.27 crore in the March quarter, from Rs 2,060.61 crore in the corresponding period last fiscal. For the fiscal ended March 31, Bajaj Auto posted a consolidated net profit of Rs 535.79 crore, down 28.52 per cent from Rs 749.58 crore in FY08. Total income dipped 2.51 per cent to Rs 8,814.81 crore during FY09, from Rs 9,041.31 crore in the year-ago period. On a standalone basis, Bajaj Auto reported a 7.80 per cent growth rate in net profit at Rs 130.21 crore. It had a net profit of Rs 120.79 crore in FY08. The FY09 net profit was significantly impacted owing to the forex cover taken by the company. During the year, two-wheeler exports were up 31 per cent to 6,33,463 units and three-wheeler exports were up two per cent to 1,39,056 units [[News No C.]]Top Indian vehicle maker Tata Motors has raised 840 million dollars in debentures to partly repay a loan taken to finance its purchase of
British car icons Jaguar and Land Rover, a statement said.
Tata took a three-billion-dollar bridge loan last year to buy the prestige marques but has been struggling to repay the money against the backdrop of the global financial crisis, which has made credit harder to come by.
The funds raised will be used for part repayment of the three-billion-dollar bridge facility taken for acquiring Jaguar Land Rover, Tata Motors said in the statement late Wednesday.
Tata Motors, part of the tea-to-steel Tata Group, tapped local Indian markets for the funds.
It had already repaid 1.11 billion dollars of the loan with the balance due to be paid by next month.
The (debenture) issue was quite a success and well subscribed, Tata Motors chief financial officer C. Ramakrishnan said in the statement.
The issue drew interest from mutual funds, banks, insurance companies and financial institutions, the company said.
Tata Motors bought the loss-making Jaguar and Land Rover brands from ailing US giant Ford Motor for 2.3 billion dollars. But the worldwide recession has slammed sales of the luxury vehicles.
The company has said it plans to begin selling Jaguar and Land Rover vehicles in the Indian market later this year. It will import the vehicles from Britain.
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