Merrill Lynch puts a BUY on IVRCL Infra with a Price Target of Rs 421
Merrill Lynch
India Research
IVRCL Infrastructures (IIFRF)-Reiterate BUY with a PO of Rs 421
Archive for December 16th, 2008
IVRCL shares up 2% on Rs 746 crore orders
MUMBAI: Shares of IVRCL Infrastrcuture & Projects gathered momentum Tuesday after it announced that the buildings and industrial division of the company bagged orders worth Rs 746.26 crore.
George Bush
President Bush has not endeared himself to the world during his Presidency…90% of his Presidency was post 9/11 and protecting America was his first goal and removing threats to America was his second goal. In time we will know the success or failure of his administration.
Free Nifty Future Tips 16-12-08
NIFTY FUTURE
ABOVE 3005 TARGET 3030-3089-3113
BELOW 2960 TARGET 2917-2880-2803-Always Remember, put SL in your every trade.Rupesh Yatesh Dalal
MARKETCALLS
BELOW 2960 TARGET 2917-2880-2803-Always Remember, put SL in your every trade.Rupesh Yatesh Dalal
MARKETCALLS
Intraday calls as on 16/12/08
Sell RELIANCE Target: 1322, 1310 SL: 1335
Sell ICICI BANK Target: 408,404 SL: 418
2008: Capture the Year in words
The word of the year is “Bailout”….If anyone has a description of the year 2008 they would like to share please post as a comment.
Hat tip Mala: * In the working-class community of Weymouth, south of Boston, Easter’s Country Kitchen, a crowded little diner, captured the mood in a notice near the food counter:
Asia as Engine of growth…where are the Consumers?
Despite the administrations pleas there have been lay-offs..expect this to accelerate.
There are so many articles on global growth depending on Asia; so I went looking for corroborating evidence…it turns out that the “engine of growth” is sputtering. China GDP growth will halve and still represent 80% of global GDP growth in 2009. However, there is nothing to suggest that Asia is suddenly going to become a monothic group of consumers.
Intraday tips and Market outlook for 16th Dec from IndianMoneyPlus.Com
Source - US markets were trading choppy yesterday.
Europe ended flat. Asia has opened marginally lower.
Market Review for 16th December 2008
BSE Sensex: (9832) the market managed to inch towards the psychological 10000 mark and felt shy and has closed positive for the day and in the process generated an indecisive bar …technically the trend is still intact up but the market is expected to be volatile and profit near the 10000 mark is not ruled out.