MUMBAI: Reliance Money has maintained ‘hold’ on technology major Infosys Technologies with a target price of Rs 1,234. The stock on Wednesday was trading firm at Rs 1,285.60, up 4.7 per cent from the previous close on NSE.
Suresh Mahadevan, Head of Research, UBS Securities, expect the Sensex to remain rangebound at 8,000 to 10,000 in the short term till the market sees a tangible positive cap — whether it is economic recovery, political certainty or bottoming out of corporate earnings. He expects the Sensex to touch 13,500 by March 2010.
Suresh Mahadevan, Head of Research of UBS Securities is of the view that Bharti Airtel will be our top pick in the telecom space.
HDFC Bank has announced its third quarter results. The company’s Q3 net profit was up 44% at Rs 621 crore versus Rs 429 crore.
The company’s Net Interest Income (NII) was up 37.66% at Rs 1979 crore versus Rs 1437.6 crore.
It is my pleasure to say that currently I am working in a remote database administration services.
The DB-Staff, Inc. provides expert remote database administration services of the best quality to customers running Microsoft SQL Server, Oracle, Sybase or MySQL worldwide.
BSE Sensex: (9370) the market unfolded as expected and we saw the 9000 mark holding and it was the short covering that drove the market up…looks like we might see some more upside in the days to come
Buy Tata Power at 752, target: 772. Stoploss: 747
Buy Axis bank at 441, target: 462. Stoploss: 437
If markets show weakness later during the day, short sell: HDIL
Source : NSEGUIDE
VISIT: http://www.hats-off.co.cc/
join our google group for free market update / free calls through mails everyday
http://groups.google.co.in/group/hats-off
FREE CALL:
TATA STEEL:202.5
RESISTANCE :210
SUPPORT : 196-193-190
VIEW:WEAK(SELL AT HIGH)
join our google group for free market update / free calls through mails everyday
http://groups.google.co.in/group/hats-off
Technical Analyst, Ashwani Gujral: Market will have a positive opening today. We may see small pull back today after four days of downside. Supports are at 2675-2720 and resistances are at 2810-2860-2880. Markets are still weak. Every pull back should be used to sell.
Deven Choksey, KR Choksey Securities: The market looks oversold. We may see a technical bounce that could last for 2-3 days. The range for the Nifty is seen between 2,630-2,880. I like Infosys, TCS, SBI, RIL & Tata Steel.
Tushar Mahajan, Edelweiss Securities: Most of the deleveraging in stock Futures happened in the first few days post the Satyam fiasco. I expect Nifty to trade around the 2800-2900 level going forward. Call writing has been seen at the 3,000 level and it will be a difficult level to breach. Metals have seen OI build-up over the past few days.
MUMBAI: Rolta became a casualty of market rumours in early trades on Tuesday. The Rolta scrip fell nearly 70% intra-day, before trimming losses to 18%. The scrip ended the day at Rs 87.15 on the Bombay Stock Exchange (BSE). There were talks of the company having inflated numbers, promoters selling stake, independent directors resigning, pledged shares being dumped by lenders and the company shutting down one of its units in the US.
OnlineCommodityCalls Download Mp3
Loading ...
