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BSE Sensex: (10276) the market saw a breakout as expected and has closed positive and the target of 10324 is within reach and beyond that to around 10708.

BANGALORE: Shares in Satyam Computer Services tumbled as much as 9 per cent on Monday amid concern that corporate governance issues could hit new business at India’s fourth-biggest software services exporter.

Sharekhan has recommended to buy Reliance Infrastructure at Rs 660 in its January 5, 2009 research report.

Rahul Mohindar of Viratechindia is of the view that Housing Development and Infrastructure, HDIL has target of Rs 200 plus.

Rahul Mohindar of Viratechindia is of the view that Tata Steel is a safer bet followed by SAIL. The entire space looks good for 15-20%.

Source – IndianMoneyPlus.Com

Reliance is innovative isn’t it? Or are they laying a trap for their customers?

Technical Analyst, Sudarshan Sukhani is of the view that investors can invest in Punjab National Bank, Bank of Baroda and Bank of India.

ICICIdirect.com has recommended to sell DLF January Futures below Rs 290 with a stoploss of Rs 298 and target of Rs 275, Rs 265.

ICICIdirect.com has recommended to buy Tata Consultancy Services (TCS) January Futures above Rs 501 with a stoploss of Rs 498 and target of Rs 506, Rs 509.

Technical Analyst, Sudarshan Sukhani is of the view that one can buy IDFC on declines.

Technical Analyst, Prakash Gaba: BSE Sensex (9958): The market has seen a pause pattern near a breakout point and looks like the market should see gap up open for a target of 10324. The next technical target beyond 10324.