Showing posts with label Market Alert. Show all posts
Showing posts with label Market Alert. Show all posts

Equity/Market/Economy Alert

* Aditya Birla Nuvo to buy Apollo Sindhoori stake for 2 bln rupees.
* Official says Corp Bank's NIM under pressure on rise in deposit cost.
* India Infoline expects share mkt to be choppy on mixed global cues.
* Sterlite Technologies gets 2.78-bln-rupee orders.
* Marksans Pharma buys UK's generic pharma co Relonchem.
* HPCL seeks shareholders' OK to up borrowing limit to 200 bln rupees.
* SBI Mutual to float 90-day debt plan Fri; offer ends Mon.
* India crude oil basket up $1.10 per barrel to $111.97 Wed.
* Most LME base metals end up Wed on weak dlr, firm oil prices.

Equity/Market/Economy Alert

* Hindustan Zinc ups lead price by Rs.4200/tn
* Infosys launches retail store management software
* Tata Motors down 5% on Q1 result
* Suzlon to foray into 20-30 new countries in next 5 years

Equity/Market/Economy Alert

* RBI comes down on unsolicited credit cards
* Finance secretary says India growth story still "credible, intact".
* RBI Reddy meets Chidambaram ahead of Tue policy review.
* PNB Apr-Jun MTM loss on treasury ops pegged 1.5 bln rupee.
* Oriental Bank of Commerce Apr-Jun net 2.2 bln rupees.
* Union Bank of India Q1 MTM loss 3.39 bln rupees vs 200 mln yr ago.
* Govt says Railways to increase trains to import cement from Pakistan.
* Grasim Industries Apr-Jun standalone net 5.14 bln rupees.
* Educomp Solutions Apr-Jun net 167.74 mln rupees.
* Godrej Consumer to up soap prices on rising veg oil costs.
* Corus to up UK steel structural section price by 60 pound/tn
* Hindustan Construction Apr-Jun forex loss provision 506 mln rupees.
* Exide Industries to invest 1.8 bln rupees on expansion FY09.
* India adds 8.81 mln phone connections Jun vs 8.46 mln May.
* Met sees improvement in rainfall scenario in next few days.
* Govt says no plan to decontrol sugar sector as of now.

Finance/Economy/Market Alert

* IMF for more policy tightening in emerging economies to tame inflation.
* OBC source says Q1 mark-to-mkt loss on bond portfolio seen 1 bln rupees.
* Ranbaxy head says the pact with Daiichi is binding on both sides.
* Bharti Airtel mobile svcs in Mumbai hit due to short circuit.
* Wipro Apr-Jun net 9.08 bln rupees; net sales 59.81 bln rupees.
* Satyam Computer Apr-Jun net 5.48 bln rupees; net sales 26.21 bln rupee.
* Punj Lloyd gets $108 mln order from Spain's Tecnicas Reunidas.
* Kirloskar Brothers Apr-Jun net loss 44.80 mln rupees.
* KPIT Cummins sees delay, cut in size of new project from US.
* India's crude oil basket down $1.28 per barrel to $132.63 Thu.
* India oil futures down 200 rupees/bbl Thu; global mkts slide $4-5
* Equity Alert: Punj Lloyd up on $108-mln order win from Spanish co
* Equity Alert: Frontline tech cos fall; Satyam Computer tumbles 8%
* Equity Alert: Kirloskar Brothers slumps on Apr-Jun net loss
* Equity Alert: Gujarat NRE up 2%; co to announce bonus, Q1 earnings
* Equity Alert: ICICI Bk up on slowing inflation; analysts cautious
* Equity Alert: OBC recoups losses despite Q1 mark-to-mkt loss report
* Equity Alert: Mkt up 2% amid volatility; bank shares gain, IT down

MARKET ALERT

* USE EVERY RISE TO EXIT.
* ALWAYS KEEP STRICT STOPLOSS TO AVOID HUGE LOSS.

Reliance FLASH

* 12.13pm: RIL: Fire at 1 unit in Nagothane petchem complex.
* 12.13pm: RIL: Fire at Nagothane petchem complex under control.

* 12.13pm: RIL confirms 4 casualties in Nagothane petchem complex fire
* 12.13pm: RIL:Nagothane fire injured being treated at complex hospital
* 12.24pm: RIL confirms 4 dead, 2 injured in Nagothane unit fire

Market Alert

*Nifty Futures open interest is up buy 30 lacs shares today and 4500 to 4700 strike puts have seen build up of 6 lacs shares each

MARKET ALERT

* Reliance Power shrs at 263 rupees; stock goes ex-bonus today.
* India Stocks: Off highs ahead of inflation, GDP data; L&T gains
* 12.32PM : FTSE 100 at 6062.50, down 5.60 pts or 0.1% from Thu
* Equity Alert: AIA Engineering up 7% as co to mull stock split Wed

MARKET ALERT

* IFCI shrs up 9%; co to mull induction of strategic investor today
* BPCL,HPCL shrs up 4%;Deora(Minister)to meet PM atnoon on oil prices
* JMfinancial OKs 10-for-1 stock split,3-for2 bonus sharesissue.
* Sun pharma seen dn 3%;Taro to terminate merger pact
* Tata motor shrs dn 3%;To raise 72bln Rs Via 3 rights issues
* L&T shares surge 7% on 1:1 bonus share issue.

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