CMP 254
TRGT 210
About Me
- Jagruti Fadia
- Mumbai, Maharashtra, India
- Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.
Friday, October 30, 2009
ICICI RESULTS
IT SEEMS THAT , MARKET IS SLIDING NOW BUT AFTER ICICI RESULTS , IT WILL FALL SHARPLY IN NO TIME. MAKE YOUR STRATEGY ACCORDINGLY.
RELIANCE
DID ANYONE SHORTSELL RIL AT 2030 LEVEL, AS I ASKED TO ADVENTUROUS TRADERS ? NOW IT IS TRADING AT 1982 !!
GOOD MORNING
Image by jesuscm via Flickr
A very good morning.
Welcome Mr. Kapil to this blog. May you find it useful.
Global trend today are little better but our market seems to be weak still. Market may decline or remain flat today.Let us wait for market opening,
Good day,
jagruti.
Global market
30/10/09:Glbl Mkt@9AM,Dow(C):9962(+2%),Nasdaq(C):2097(+1.8%),Nikkei:
10006(+1.1%),HangSang:21724(+2.1%),SGXNifty:4837(+1.2%)
10006(+1.1%),HangSang:21724(+2.1%),SGXNifty:4837(+1.2%)
Thursday, October 29, 2009
MAHINDRA AND MAHINDRA RESULTS
M & M RESULTS WILL BE ANNOUNCED SOON, AFTER RESULTS IT WILL ALSO DECLINE SHARPLY AS ENTIRE AUTO INDEX IS VERY BAD AND APPLY SELL ON RESULTS, IRRESPECTIVE OF GOOD OR BAD RESULTS.
IF RIL AND M&M BOTH DECLINE WHAT WILL HAPPEN TO INDEX, YOU ALL KNOW WELL.
IF RIL AND M&M BOTH DECLINE WHAT WILL HAPPEN TO INDEX, YOU ALL KNOW WELL.
MARKET LOSING GROUND
IT SEEMS THAT AFTER RIL RESULTS ARE OUT, MARKET WILL FALL SHARPLY. ADVENTUROUS TRADERS CAN SHORT SELL RELIANCE.
CONSIDERING GLOBAL CHARTS AND OUR CHARTS TOO, MARKET WILL REACH TO 15600 LEVEL AND MAY NOT TAKE SUPPORT NOW AT THIS LEVEL.
BUYERS SHOULD WAIT YET FOR BUYING OR BUY JUST 20% OF YOUR FUNDS.
CONSIDERING GLOBAL CHARTS AND OUR CHARTS TOO, MARKET WILL REACH TO 15600 LEVEL AND MAY NOT TAKE SUPPORT NOW AT THIS LEVEL.
BUYERS SHOULD WAIT YET FOR BUYING OR BUY JUST 20% OF YOUR FUNDS.
GOOD MORNING
Image via Wikipedia
Good Morning.
Welcome Mr.Shrikanth to my blog. Wish you all the best.
Global cues are worse, we intend to open gap down. A strong support to the market is visible around 16000 level on sensex. Today is the last day of October Future series and market will be very volatile , small traders should stay away. November futures is trading in discount and Singapore nifty is lower by 80 points at this time. Market may get sharp bounce tomorrow end of session or on Monday. Still buy on dips. Even in this condition of market some scripes shine out. Like,
BALRAMPUR CHINI
GILLETTE
WIPRO
IPCA LAB
More as market starts trading, stay with me,
Jagruti.
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Wednesday, October 28, 2009
New-Home Sales in U.S. Unexpectedly Fall
U.S. New-Home Sales Fall as Credit Nears Expiration
Oct. 28 (Bloomberg) -- Sales of new U.S. homes unexpectedly fell in September, a sign the housing recovery may lose momentum after a government tax credit expires.
Sales decreased 3.6 percent to a 402,000 annual pace, lower than the median forecast of economists surveyed by Bloomberg News, figures from the Commerce Department showed today in Washington. The median price of a new home dropped 9.1 percent from September 2008.
Contracts signed last month will probably not be able to close before an $8,000 first-time homebuyer tax credit expires at the end of November, raising concern the market will retrench in coming months as unemployment and foreclosures climb. Economists view stabilization in housing as key to any rebound from the worst recession in seven decades.
The report "tempers enthusiasm about the rebound in housing," said Richard DeKaser, chief economist at Woodley Park Research in Washington, whose forecast was the lowest among economists surveyed. "Key to keeping the market on track is extending the credit and sustaining low mortgage rates."
Stocks fell following the disappointing sales report. The Standard & Poor's 500 Index was down 0.5 percent to 1,057.68 at 10:17 a.m. in New York. Treasury securities rose.
Unexpected Drop
New-home sales were forecast to rise to a 440,000 annual rate, according to the median forecast of 75 economists in the Bloomberg survey. Estimates ranged from 412,000 to 460,000 after an initially reported 429,000 rate in July. Last month's pace was the lowest since June.
A second Commerce Department report showed orders for durable goods rose 1 percent in September, a fourth gain in the past six months and signaling factories are helping ring in an economic recovery.
The median price of a new house fell to $204,800 compared with $225,200 at the same time last year. The value was up 2.5 percent from the prior month, reflecting a plunge in the share of houses selling for less than $150,000, a category that often includes first-time buyers.
Sales of new homes were down 7.8 percent from September 2008.
The decrease in sales was led by an 11 percent drop in the West and a 10 percent decrease in the South. Purchases in the Midwest jumped 34 percent and were unchanged in the Northeast.
Less Inventory
Builders had 251,000 houses on the market last month, the fewest since November 1982. It would take 7.5 months to sell all homes at the current sales pace, the same as in August.
Sales of new homes, which make up less than 10 percent of the market, are tabulated when a contract is signed and may therefore begin cooling weeks before the Nov. 30 deadline by which buyers must close a transaction to be eligible for the tax credit.
Sales of existing homes, which account for the remainder, are counted when sales close and thus reflect contracts signed a month or two earlier.
Previously owned homes in September sold at a 5.57 million pace, up a record 9.4 percent from the prior month, the National Association of Realtors reported last week in Washington. The level of sales was the highest in more than two years.
Lobbying for Extension
The Realtors' group and the National Association of Home Builders are lobbying to extend the first-time homebuyers credit on concern demand will wane after it lapses. Lawmakers have joined in.
Senate leaders this week were negotiating to extend the tax credit through 2010, Senator Bill Nelson of Florida said. "We should be able to extend that later this week," Nelson, a Democrat, told reporters.
Housing-related companies are still trying to recover. Caterpillar Inc., the world's largest maker of bulldozers and excavators, last week said its third-quarter earnings fell by more than half from a year earlier while it boosted its full year forecast.
"We believe the third quarter marked the low point for Caterpillar sales and revenues in what has been the toughest recession since the 1930s," Chief Executive Officer Jim Owens said in a statement. "We are seeing encouraging signs that indicate a recovery may be under way."
To contact the reporter on this story: Bob Willis in Washington bwillis@bloomberg.net .
Oct. 28 (Bloomberg) -- Sales of new U.S. homes unexpectedly fell in September, a sign the housing recovery may lose momentum after a government tax credit expires.
Sales decreased 3.6 percent to a 402,000 annual pace, lower than the median forecast of economists surveyed by Bloomberg News, figures from the Commerce Department showed today in Washington. The median price of a new home dropped 9.1 percent from September 2008.
Contracts signed last month will probably not be able to close before an $8,000 first-time homebuyer tax credit expires at the end of November, raising concern the market will retrench in coming months as unemployment and foreclosures climb. Economists view stabilization in housing as key to any rebound from the worst recession in seven decades.
The report "tempers enthusiasm about the rebound in housing," said Richard DeKaser, chief economist at Woodley Park Research in Washington, whose forecast was the lowest among economists surveyed. "Key to keeping the market on track is extending the credit and sustaining low mortgage rates."
Stocks fell following the disappointing sales report. The Standard & Poor's 500 Index was down 0.5 percent to 1,057.68 at 10:17 a.m. in New York. Treasury securities rose.
Unexpected Drop
New-home sales were forecast to rise to a 440,000 annual rate, according to the median forecast of 75 economists in the Bloomberg survey. Estimates ranged from 412,000 to 460,000 after an initially reported 429,000 rate in July. Last month's pace was the lowest since June.
A second Commerce Department report showed orders for durable goods rose 1 percent in September, a fourth gain in the past six months and signaling factories are helping ring in an economic recovery.
The median price of a new house fell to $204,800 compared with $225,200 at the same time last year. The value was up 2.5 percent from the prior month, reflecting a plunge in the share of houses selling for less than $150,000, a category that often includes first-time buyers.
Sales of new homes were down 7.8 percent from September 2008.
The decrease in sales was led by an 11 percent drop in the West and a 10 percent decrease in the South. Purchases in the Midwest jumped 34 percent and were unchanged in the Northeast.
Less Inventory
Builders had 251,000 houses on the market last month, the fewest since November 1982. It would take 7.5 months to sell all homes at the current sales pace, the same as in August.
Sales of new homes, which make up less than 10 percent of the market, are tabulated when a contract is signed and may therefore begin cooling weeks before the Nov. 30 deadline by which buyers must close a transaction to be eligible for the tax credit.
Sales of existing homes, which account for the remainder, are counted when sales close and thus reflect contracts signed a month or two earlier.
Previously owned homes in September sold at a 5.57 million pace, up a record 9.4 percent from the prior month, the National Association of Realtors reported last week in Washington. The level of sales was the highest in more than two years.
Lobbying for Extension
The Realtors' group and the National Association of Home Builders are lobbying to extend the first-time homebuyers credit on concern demand will wane after it lapses. Lawmakers have joined in.
Senate leaders this week were negotiating to extend the tax credit through 2010, Senator Bill Nelson of Florida said. "We should be able to extend that later this week," Nelson, a Democrat, told reporters.
Housing-related companies are still trying to recover. Caterpillar Inc., the world's largest maker of bulldozers and excavators, last week said its third-quarter earnings fell by more than half from a year earlier while it boosted its full year forecast.
"We believe the third quarter marked the low point for Caterpillar sales and revenues in what has been the toughest recession since the 1930s," Chief Executive Officer Jim Owens said in a statement. "We are seeing encouraging signs that indicate a recovery may be under way."
To contact the reporter on this story: Bob Willis in Washington bwillis@bloomberg.net .
Good morning
Image by edellepi via Flickr
Good Morning.
Hearty welcome to Mr. Khalid and Mr. pawankumar. Thanks for joining the blog, hope it serves your purpoes.
Market opened 100 points lower. It may remain flat today and from tomorrow or Monday you may get a bounce from around 16000 level. One should be ready to buy at that point. be stock specific as always.
BALRAMPUR CHINI
THINKSOFT
look good today.
Have a nice day,
Jagruti.
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Global markets
28/10/09:Glbl Mkt @9AM,Dow(C):9882(+0.1%),Nasdaq(C):2116(-1.2%),Nikkei:
10182(-0.3%),HangSang:22034(-0.6%),SGXNifty:4818(-0.5%)
10182(-0.3%),HangSang:22034(-0.6%),SGXNifty:4818(-0.5%)
Tuesday, October 27, 2009
MARKET SLIPPING OVER CREDIT POLICY
RBI KEEPS ALL RATES UNCHANGED. LOANS TO REAL ESTATE COSTLIER NOW. REAL ESTATE SLIDING .
MARKET VOLATILE
SMALL TRADERS STAY AWAY FROM MARKET TILL F & O EXPIRY, THIS THURSDAY. MARKET WILL REMAIN DOWNWARDS AND VOLATILE.
Global markets
27/10/09:Glbl Mkt @9AM,Dow(C):9867(-1%),Nasdaq(C):2141(-0.6%),Nikkei:
10210(-1.5%),HangSang:22054(-2.4%),SGXNifty:4932(-0.8%)
10210(-1.5%),HangSang:22054(-2.4%),SGXNifty:4932(-0.8%)
Good Morning
Image by Thai Jasmine via Flickr
A very good morning.
A warm welcome to the new fans of the blog, namely, Mr. Rambabu and Dixu. Hope you will enjoy using this blog.
Yesterday, our market was bad , today it will be worse. Global cues are also very weak, market may open gap down. However, long term trend is yet intact. Correction should be used as buying opportunity.
Good buys still :
ADANI
COLGATE
ZEE NEWS
DABUR
BALRAMPUR CHINI
MAYTAS INFRA
ITC
PIDILITE
It has to be noted that market has discounted the results. In spite of very good results, market does not rise. Do you remember the rule for market " BUY ON RUMOURS AND SELL ON NEWS " ? Time to apply the same now !!
See you on the market opening,
Have a best opportunity day,
Jagruti.
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Friday, October 23, 2009
CLOSING BELL
Hi friends,
Market closed though flat, sentiment is weak. Stay away and buy when it starts rising again.
Please note that there will not be any updates on the blog on Monday,please bear with me.
Have a nice weak end,
Regards,
Jagruti
Market closed though flat, sentiment is weak. Stay away and buy when it starts rising again.
Please note that there will not be any updates on the blog on Monday,please bear with me.
Have a nice weak end,
Regards,
Jagruti
MARKET SELLING OFF AND BUILDING SHORTS
YESTERDAY FII , DII SOLD ALSO BUILT LOT OS SHORT POSITIONS AND TODAY TOO. WHICH SUGGESTS THAT WHENEVR THIS POSITIONS WILL BE COVERED THE MARKET WILL GET SHARP BOUNCE AND RISE ABOVE 17500LEVEL. STAY ON SIDELINE AND BE READY FOR BUYING , STAY ON CASH. NEXT WEEK YOU WILL GET OPPORTUNITY TO BUY. SUPPORT AT 16000 LEVEL ON SENSEX.
Thursday, October 22, 2009
Good Morning
Image by ecstaticist via Flickr
A hearty welcome to Mr. Pradeep kumar. Wish you a very happy trading using this blog.
Our market is going to be flat or worse than yesterday, it will not rise today. Good stock can be accumulated on decline.Be stock specific while trading.
More on the opening bell,
Regards,
Jagruti.
Wednesday, October 21, 2009
Closing Bell
Image by Axel-D via Flickr
Market closed almost 200 points lower. As expected it gave sharp fall in last hour of trade on Europe opening weak. Ajmera also rose 20% , Oil country which was recommended in BTST yesterday, rose too today. HDIL and DLF are good buys on decline. Auto and Metal weak on profit booking. Short sell sesa goa, tata steel.
Though market is bullish , 1000 points correction is expected on sensex. It will take support around 16000. It is an opportunity to buy good shares on dip.
Good bye and good night,
Jagruti.
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Good Morning
Image by Chris Gin via Flickr
Good morning.
The market looks weak on momentum and may give sharp fall today, even global cues are not good. It may open gap down. But overall market trend is bullish , hence buy on dips. All recommended shares yesterday can be accumulated on dips.
STOCKS TO WATCH :
BANKING :
KARNATAKA BANK
DENA BANK
SYNDICATE BANK
VIJAYA BANK
FEDERAL BANK
TECHNOLOGY:
HEXAWARE TECHNO
KPIT INFO
HCL
SUGAR:
BAJAJ HINDUSTAN
RENUKA
TRIVENI ENGG
BALRAMPUR CHINI
OTHERS:
GUJARAT ALKALI
GREAT EASTERN
STC INDIA
SRF
ALSTOM POWER
EVERONN
LIC HSNG
SAIL
Wish you a very happy trading day,
Jagruti.
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Tuesday, October 20, 2009
Good Morning
Hi friends,
The market opened in green. Buy on dips rather than going short.
Best Buys:
KARNATAKA BANK
KLG SYSTEL
BAJAJ HINDUSTAN
AJMERA
PENINSULA LAND
Wish you a very happy trading year,
Jagruti.
The market opened in green. Buy on dips rather than going short.
Best Buys:
KARNATAKA BANK
KLG SYSTEL
BAJAJ HINDUSTAN
AJMERA
PENINSULA LAND
Wish you a very happy trading year,
Jagruti.
Friday, October 16, 2009
CLOSING BELL AND CLOSING OF THE YEAR
Image by ayashok photography via Flickr
Hi freinds,
Market closed 144 points higher. Tomorrow new year trades will take place. Market may rise up to 17700 and it will be strong resistance level. It will certainly give correction at this point and come lower on profit booking. Tomorrow market will be open for trading from 6-15 t0 7-15pm. Market will remain closed on Monday. Traders are adviced to book profit if they have not yet and wait for new buying after the correction is over.
Wish you all a very happy Diwali and a prosperous new year.
Regards,
Jagruti.
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Good Morning
Image by Koshyk via Flickr
Good Morning.
Market opened in good spirit. Let us see how far it sustains as profit booking now comes at every higher level but buying too comes at every little decline and supports the market. Tomorrow evening market will open at 6-15 pm for " MUHURT SAUDA ". Tomorrow may be profit will be booked. WWMetal shares weak on profit booking. STERLITE, TATA STEEL ETC WEAK.
GOOD BUYS:
PENINSULAR LAND
MERK
APTECH
CAIRN
ESSAR OIL
AREVA
REL COM
Have a happy trading days this DIWALI,
Regards,
jagruti
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Thursday, October 15, 2009
Good Morning
Image via Wikipedia
Happy 'Dhanteras' to all of you.
Market opened in green but not sustaining due to profit booking. Overall trend is bullish but profit can be booked partly on shares which have risen in good amount like Sesa goa.
Good buy:
HDIL
ORCHID CHEMICAL
ESCORTS
ESSAR OIL
SUZLON
Have a good day,
Jagruti.
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Wednesday, October 14, 2009
Good morning
Hi Friends,
Market opened gap up and sustained too. It looks sensex has a good break out but at the same time it is at a strong resistance level but it is time not to go short but buy on dips. Be stock specific.
Strong :
Sesa Goa
tata steel
Rel cap
Have a gr8 trading day,
jagruti.
Market opened gap up and sustained too. It looks sensex has a good break out but at the same time it is at a strong resistance level but it is time not to go short but buy on dips. Be stock specific.
Strong :
Sesa Goa
tata steel
Rel cap
Have a gr8 trading day,
jagruti.
Monday, October 12, 2009
Good Morning
Image by WOBBLYMOL (better now thank you) via Flickr
Good morning and welcome to the new fan , enjoy using the site.
Market has opened in green but hard to sustain, we should watch the levels of 16450 0n sensex and on NIFTY 4895, if it bounces from here it can go up or further downside. But, downside is very limited hence, buy on dips.
Have a good trading day,
Jagruti.
Friday, October 9, 2009
Good morning
Image via Wikipedia
Good morning to all and welcome Mr. rajan to this blog and enjoy using it.
Market is already opened and not great move. Market paid neither any heed to bonus by RIL and nor to the guidance by Infosys !! Sentiment boosters could not work.
Long awaited correction will set in today after 12 as market is not sustaining since 3 days even if it is rising . It should slide sharply as per technicals.
Stay away frommarket today or create shorts , stock specific.
Have a nice day,
Jagruti.
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Global market
09/10/09:Glbl Mkt @9AM
Dow(C):9786(+0.6%)
Nasdaq(C): 2123(+0.6%)
Nikkei: 9893(+0.6%)
HangSang: 21572(+0.4%)
SGXNifty: 5003(+0.3%)
Dow(C):9786(+0.6%)
Nasdaq(C): 2123(+0.6%)
Nikkei: 9893(+0.6%)
HangSang: 21572(+0.4%)
SGXNifty: 5003(+0.3%)
Thursday, October 8, 2009
Good Morning
Hi friends,
Warm welcome to the new fan BS s, enjoy using the blog.
Market is cooling off. Profit booking is witnessed and market is under pressure.
Regards,
Jagruti.
Warm welcome to the new fan BS s, enjoy using the blog.
Market is cooling off. Profit booking is witnessed and market is under pressure.
Regards,
Jagruti.
Global market
08/10/09:Glbl Mkt@9AM
Dow(C):9725(-0.1%)
Nasdaq(C):2110(+0.3%)
Nikkei:9806(+0.1%)
HangSang:21418(+0.8%)
SGXNifty:5010(+0.7%)
Dow(C):9725(-0.1%)
Nasdaq(C):2110(+0.3%)
Nikkei:9806(+0.1%)
HangSang:21418(+0.8%)
SGXNifty:5010(+0.7%)
Wednesday, October 7, 2009
Reliance Industries : bonus.
Reliance to Give One Free Share for Each Held
Oct. 7 (Bloomberg) -- Reliance Industries Ltd., India's most valuable company, will give investors one free share for each held for the first time in 12 years.
The board also decided to pay 13 rupees a share as dividend, Reliance Industries, said in a statement to the National Stock Exchange today.
Shares of the company controlled by Mukesh Ambani, India's richest man, have advanced 70 percent this year, rebounding from a decline in 2007, after starting an oil refinery in December and natural gas output from an offshore field in April. The company is fighting a legal battle over the sale of gas to a company owned by Mukesh's estranged brother Anil Ambani. India's Supreme Court is scheduled to start final hearings in the lawsuit on Oct. 20.
"I think they wanted to convey to people through the bonus issue that the stock is undervalued vis-a-vis the fundamentals of the company and that you needn't wait until the outcome of the court case to buy it," said Deven Choksey, chief executive officer of K.R. Choksey Shares & Securities, who manages about 5.5 billion rupees for wealthy individuals. "In fact, the re- rating process may start from tomorrow."
Reliance Industries shares fell 1.5 percent to 2,101.30 rupees in Mumbai trading, declining for the fourth straight day and valuing the company at $74 billion. The free-share announcement was made after the markets closed.
Founders' Stake
The company raised 31.9 billion rupees ($683 million) last month selling shares at an average of 2,125 rupees apiece. The founders of Reliance Industries held a 49.03 percent stake in the company through individuals and 45 companies as of June 30, according to the Bombay Stock Exchange Web site.
Petroleum Trust, which holds the company's treasury stocks, held 6.65 percent of the shares and Life Insurance Corp. held 5.54 percent. Overseas institutional investors had a combined 16.45 percent, according to the stock exchange Web site.
"The management may be trying to neutralize the negative perception that came from the recent sale of treasury stocks," said Mumbai-based Amitabh Chakraborty, president, equity, Religare Securities Ltd. "The treasury stock sale gave out the perception that the current share prices have reached a cap."
State-owned Indian Oil Corp., the nation's biggest refiner, said Sept. 14 it will give one free share for each held by investors.
Refining Capacity
Mumbai-based Reliance Industries started processing crude oil at its new, export-oriented refinery in the western state of Gujarat in December. The 580,000-barrel-a- day refinery, built by unit Reliance Petroleum Ltd., is adjacent to the company's 660,000-barrel-a-day plant and the two units have a combined refining capacity of 1.24 million barrels a day.
Reliance Industries said Feb. 27 it would acquire the remaining shares of unit Reliance Petroleum, which spent $5.34 billion to build the new refinery. The explorer plans to spend $8.8 billion over the 11-year life of the KG-D6 gas field to develop the area.
"Reliance's gas business and the integration of Reliance Petroleum will add about 50 billion rupees to profit in the year to March 31, 2010," said Choksey. "That will ensure the enhanced share capital can be serviced without denting profits from existing business."
At peak output rate, supply of gas from the KG-D6 field may double availability of the fuel in India. Anil Ambani's Reliance Natural Resources Ltd. wants Reliance Industries to supply gas at a 44 percent lower rate than the price approved by the government in 2007.
The gas sale agreement was signed in 2005, after the Ambani family business was split between the two brothers.
Reliance Industries posted a group net income of 156.4 billion rupees in the year ended March 31, 2009, according to a separate statement to the Bombay Stock Exchange.
To contact the reporters on this story: Rakteem Katakey in New Delhi at rkatakey@bloomberg.net Ravil Shirodkar in Mumbai at rshirodkar@bloomberg.net .
Good night
Image by Taylor.McBride via Flickr
Market declined suddenly in last hour. The fall will extend further it seems. It is important to see how the market reacts to the news about bonus given by RIL. Profit booking will lower the sensex but one can definitely find good buys if remains stock specific.
SHORT SELL :
WIPRO
TCS
SBI
BUY:
STERLITE
BGR ENERGY
MYTAS INFRA
Good night,
See you on market opening,
Regards,
Jagruti.
Good Morning
Image via Wikipedia
Good Morning. Hearty welcome to the new FAN, may you earn good from using this blog.
Global cues are good today. Market will open strong but sensex may not sustain. Traders need to be stock specific.
Followings are the best bets:
GUJARAT ALKALIES
BHARAT ELECTRICAL
JET AIRWAYS
JINDAL STAINLESS
NESTLE
Have a nice day,
Jagruti.
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Tuesday, October 6, 2009
Madhucon Projects
Madhucon Projects Climbs as Much as 9.4% After Winning Order
Oct. 6 (Bloomberg) -- Madhucon Projects Ltd., an Indian engineering and construction company, rose 6.9 percent to 268.85 rupees as of 9:59 a.m. local time, after climbing as much as 9.4 percent in Mumbai trading.
The company said it won an order worth $3.9 million from the Nepal government's road building department.
To contact the reporter on this story: Hemal Savai in Mumbai at hsavai@bloomberg.net
Communiication stocks
Reliance Communications Falls 10% After Slashing Phone Charges
Oct. 6 (Bloomberg) -- Reliance Communications Ltd. fell 10 percent, leading declines among Indian telecom stocks, after the company said it will lower call charges starting today.
Bharti Airtel Ltd. fell 9.4 percent, Idea Cellular Ltd. fell 8.2 percent, and Tata Teleservices Maharashtra Ltd. fell 5.9 percent.
To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net
market opens..........
Communication shares selling off, bharti , idea cellular , Rel Com decline...
Monday, October 5, 2009
MARKET NOW
Market opened low but buying on dip witnessed and market is off days low now but a big correction may come this week is my view.
Good Morning
Image by tpeñalver via Flickr
ANSAL INFRA
EDUCOMP
BHARAT ELECTRICAL
EDELWEISS
ULTRATECH
SRF
WIPRO
IB SECURITIES
ADVANTA
JINDAL STAINLESS
IDFC
ICICI
AXIS
3I INFOTECH
BAJAJ AUTO FINANCE.
Thursday, October 1, 2009
GOOD NIGHT
Image via Wikipedia
Market closed flat as expected. However, a lot of stocks were in action during the day. Markets are closed tomorrow and we shall meet on Monday after a long week end,
Have a nice week end,
Good night,
Jagruti.
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Good Morning
Hi Friends,
I am late today, market is already open for today and today is the last working day of the week. tomorrow market will be closed on account of Gandhi jayanti, 2nd october.
Market may remain flat or decline little on account of profit booking.
Followings are looking good :
GMR INFRA
EVERONN
BHARTI
ADANI POWER
DECCAN CHRONICLE
Buy on dips, market will go higher from here.
Have a great trading day,
Jagruti.
I am late today, market is already open for today and today is the last working day of the week. tomorrow market will be closed on account of Gandhi jayanti, 2nd october.
Market may remain flat or decline little on account of profit booking.
Followings are looking good :
GMR INFRA
EVERONN
BHARTI
ADANI POWER
DECCAN CHRONICLE
Buy on dips, market will go higher from here.
Have a great trading day,
Jagruti.
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