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Monday, March 15, 2010

  • Kingfisher to launch 7 intl routes
  • 16:03 | Kingfisher Airlines will launch seven international routes this summer, which include a daily non stop flight between New Delhi and London.
 
Friday, March 12, 2010

 
Sunday, March 7, 2010

 
Friday, March 5, 2010

 
Thursday, March 4, 2010

 
Wednesday, March 3, 2010

 
Wednesday, February 24, 2010

 
Thursday, February 18, 2010

  • Qantas to reconfigure planes
  • 06:47 | Qantas Airways will scrap first-class cabins on most routes after a slump in demand for the most expensive seats led to a 72% drop in profit.
 
Tuesday, February 9, 2010

 
Friday, February 5, 2010

 
 

Monday, Mar 15, 2010
8:04 pm - 

Market and business commentary will resume on 16 March, 2010.


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7:59 pm - 

Range-bound action may continue given the lack of fresh triggers on either side of trade though, the downside bias is slowly getting stronger, says Garima Kumar, ED, Lotus Knowlwealth. It will require a strong positive news flow to stem the tide herefrom, she adds.


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7:54 pm - 

SELL Monnet Ispat & Energy Ltd, says Ashok Ajmera, Ajcon Global Services. The stock closed at Rs 442.70, up 3.6% on the BSE.


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7:44 pm - 

SELL Aksh Optifibre Ltd, says Sunil Jain, Nirmal Bang. The stock closed at Rs 21.95, up 18.9% on the BSE.


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7:34 pm - 

SELL Television Eighteen India Ltd (TV 18), says Salil Sharma, Technical Analyst. The stock closed at Rs 72.80, down 0.3% on the BSE.


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7:24 pm - 

HOLD Suzlon Energy Ltd with a stop loss of Rs 69, says Salil Sharma, Technical Analyst. The stock closed at Rs 73.60, down 2.7% on the BSE.


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7:13 pm - 

BUY Shree Renuka Sugars Ltd, Balrampur Chini Mills Ltd and EID Parry (India) Ltd in the sugar segment, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas.


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7:03 pm - 

The US markets have opened in the negative terrain. The Dow is currently at 10613.43, down 11.26 points from the previous close. Losing 7.95 points, the Nasdaq is at 2359.71.


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6:57 pm - 

BUY Shree Renuka, says Salil Sharma, Technical Analyst. BUY Shree Renuka, says Salil Sharma, Technical Analyst. The stock closed at Rs 76.50, down 0.7% on the BSE.


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6:44 pm - 

SELL Aban Offshore Ltd on rally, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas. The stock closed at Rs 1220.50, down 1.9% on the BSE.


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6:33 pm - 

BUY Sterlite Industries (India) Ltd, Hindustan Zinc Ltd and Tata Steel Ltd, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas.


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6:23 pm - 

SELL Aban Offshore Ltd as it looks very volatile, says Salil Sharma, Technical Analyst. The stock closed at Rs 1220.50, down 1.9% on the BSE.


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6:13 pm - 

HOLD Sterlite Industries (India) Ltd with a stop loss of Rs 775, says Salil Sharma, Technical Analyst. The stock closed at Rs 826.30, down 0.2 % on the BSE.


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6:03 pm - 

BUY Tata Motors Ltd with a target of Rs 900, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas. The stock closed at Rs 768.45, up 0.9% on the BSE.


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5:54 pm - 

BUY Tata Steel Ltd, Axis Bank Ltd, Tata Power Company Ltd and Tata Consultancy Services Ltd (TCS), says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas.


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5:34 pm - 

SELL ITC Ltd at Rs 263, says Salil Sharma, Technical Analyst. The stock closed at Rs 259.60, up 0.5% on the BSE.


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5:23 pm - 

SELL Indian Hotels Co Ltd, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas. The stock closed at Rs 94.40, up 0.7% on the BSE.


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5:14 pm - 

HOLD ITC Ltd, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas. The stock closed at Rs 259.60, up 0.5% on the BSE.


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5:06 pm - 

BUY Eveready Industries India Ltd with a target of Rs 72 and a stop loss of Rs 59, says Salil Sharma, Technical Analyst. The stock closed at Rs 62, down 1.9% on the BSE.


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5:05 pm - 

AVOID Kisan Mouldings Ltd, says Salil Sharma, Technical Analyst. The stock closed at Rs 63.20, up 1% on the BSE.


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4:54 pm - 

SELL Kisan Mouldings Ltd, says Gaurang Shah, Asst. Vice President, Geojit BNP Paribas. The stock closed at Rs 63.20, up 1% on the BSE.


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4:43 pm - 

BUY Hindustan Construction Company Ltd (HCC) as it looks strong, says Hormuz Maloo, Geojit BNP Paribas. The stock closed at Rs 139.95, down 2% on the BSE.


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4:35 pm - 

BUY Wipro Ltd, Tata Consultancy Services Ltd (TCS) and Infosys Technologies Ltd in the IT sector, says Hormuz Maloo, Geojit BNP Paribas. BSE IT Index closed 1.4% from the previous close.


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4:26 pm - 

BUY IT and metal stocks, says Hormuz Maloo, Geojit BNP Paribas. It has support at 5100 levels, he adds.


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4:15 pm - 

The market closed flat. The Sensex ended at 17164.99, down 0.01% from the previous close. The Nifty ended at 5128.90, down 0.2%. Both the BSE Midcap and Smallcap indices were down 0.7% and 0.8% respectively. BSE IT index (1.4%) was the top gainer among others.


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4:07 pm - 

The Nifty is expected to touch 5300-5350 levels in the next two months, says Hormuz Maloo, Geojit BNP Paribas. It has support at 5100 levels, he adds.


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3:58 pm - 

SELL NMDC Ltd as it is showing weakness, says Sunil Jain, Nirmal Bang. One can also buy around Rs 316, he adds. The stock closed at Rs 344.60, down 4.9% on the BSE.


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3:48 pm - 

HOLD Mercator Lines Ltd as it still has some steam left, says Sunil Jain, Nirmal Bang. One can also buy on 3-4% declines from current levels, he adds. The stock closed at Rs 57.75, up 0.7% on the BSE.


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3:40 pm - 

HOLD Mercator Lines Ltd for a target price of Rs 68.50, says Alex Mathew, Head of Research, Geojit BNP Paribas Financial Services. Keep a stop-loss below Rs 62, he adds. The stock closed at Rs 57.75, up 0.7% on the BSE.


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3:32 pm - 

The market has closed mixed. The Sensex closed at 17176.03, higher by 9.41 points (provisional) from its previous close. The Nifty ended at 5132.70, lower by 4.30 points (provisional).


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3:26 pm - 

The markets continue to trade in red. The Sensex is currently at 17164.06, lower by 2.65 points from its previous close. The Nifty is currently at 5128.55, down 9.55 points.


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3:18 pm - 

SELL Maruti Suzuki India Ltd for a target price of Rs 420, say dealers. Auto stocks are showing weakness, they add. The stock is currently trading at Rs 1445, down 1.3% from its previous close.


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3:11 pm - 

BUY Reliance Industries Ltd (RIL) and Oil & Natural Gas Corpn Ltd (ONGC) in the oil & gas sector, say dealers. The BSE Oil & gas index is currently down 0.1% from its previous close.


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3:05 pm - 

BUY National Aluminium Company Ltd (Nalco) and Monnet Ispat & Energy Ltd in the metal sector, say dealers. The BSE Metal index is currently up 0.3% from its previous close.


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2:55 pm - 

The broader sectoral view on the markets is mixed, say dealers. Metal and oil & gas stocks are showing strength, they add. The BSE Metal index is currently up 0.2% and the BSE Oil & gas index is currently down 0.1% from their previous close.


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2:46 pm - 

The Nifty has first support at 5100 levels and second at 5050, say dealers. Meanwhile, it has resistance 5150-5180 levels, they add.


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2:37 pm - 

The overall view on the markets is mixed, say dealers. The Nifty is expected to touch 5180 levels by this week, they add. The 50-stock index is currently at 5132.55, down 4.45 points from its previous close.


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2:29 pm - 

HOLD Godrej Consumer Products Ltd for a target price of Rs 288 with a short-term horizon, says Alex Mathew, Head of Research, Geojit BNP Paribas Financial Services. It has a long-term target of Rs 304, he adds. He further says that maintain a strict stop-loss at Rs 275, he adds. The stock is currently trading at Rs 277.60, up 2.4% on the BSE.


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2:20 pm - 

HOLD Godrej Consumer Products Ltd as it is consolidating its position in the Africa markets, says Sunil Jain, Nirmal Bang. This will boost the sales of the company, he adds. The stock is currently trading at Rs 277.85, up 2.5% on the BSE.


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2:14 pm - 

BUY ING Vysya Bank Ltd for a target price of Rs 295-310 in the short-term, says Alex Mathew, Head of Research, Geojit BNP Paribas Financial Services. Keep a stop-loss below Rs 275, he adds.The stock is currently trading at Rs 284.10, up 6.5% on the BSE.


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2:06 pm - 

The markets are trading mixed. The Sensex is currently at 17178.60, up 9.77 points from its previous close. The Nifty is currently at 5136.35, lower by 0.55 points.


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1:58 pm - 

SELL National Aluminium Company Ltd (Nalco) as it is over priced at current levels, says Sunil Jain, Nirmal Bang. One can also buy on declines, he adds. The stock is currently trading at Rs 401.15, up 1.4% on the BSE.


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1:50 pm - 

HOLD National Aluminium Company Ltd (Nalco) for a target price of Rs 420-425, says Alex Mathew, Head of Research, Geojit BNP Paribas Financial Services. One can also buy below Rs 400, he adds. The stock is currently trading at Rs 402, up 1.6% on the BSE.


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1:43 pm - 

SELL National Aluminium Company Ltd (Nalco) as it has witnessed a good rally, says Madhumita Ghosh, Head of Research, UNICON. One can also buy on dips, he adds. The stock is currently trading at Rs 403.50, up 1.9% on the BSE.


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1:34 pm - 

HOLD Cairn India Ltd for a target price of Rs 285-287, says Prakash Gaba, Technical Analyst. It has support at Rs 260-255, he adds. He further says it has remained in a sideways zone for the past one year; therefore, upmove is quite restricted. The stock is currently trading at Rs 277.35, up 0.5% on the BSE.


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1:27 pm - 

BUY banking, auto, auto ancillary stocks with a long-term investment bet, says Kashyap Pujara, PMS- Fund Manager, Enam Direct Securities. These sectors are likely to outperform in the long-run, he adds.


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1:14 pm - 

BUY Unitech Ltd on dips, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. It has a target of Rs 90 in the long-term, he adds. The stock is currently trading at Rs 74, down 0.3% on the BSE.


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1:05 pm - 

The markets have pared losses following marginal gains in IT and FMCG stocks. The Sensex is currently at 17163.51, lower by 3.1 points from its previous close. The Nifty is currently at 5136.35, down 0.6 points.


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12:57 pm - 

BUY Tech Mahindra Ltd for a target price of Rs 900-940, says Prakash Gaba, Technical Analyst. The stock is currently trading at Rs down 0.1% on the BSE.


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12:49 pm - 

Bharat Heavy Electricals Ltd (BHEL) has secured an order worth Rs 3348 crore from Indian Oil Corporation Ltd (IOC) to set up a 376 megawatts power plant. The stock of BHEL is at Rs 2377, down 0.2% and IOC is at Rs 299.80, down 1.3% on the BSE.


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12:42 pm - 

BUY Aksh Optifibre Ltd for a target price of Rs 26-27, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. The stock is currently trading at Rs 21.65, up 17.3% on the BSE


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12:34 pm - 

The markets are expected to remain volatile in the near term, says Kashyap Pujara, PMS- Fund Manager, Enam Direct Securities. The Sensex is likely to remain rangebound between 16,000 and 20,000 levels in 6-12 months, he adds.


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12:26 pm - 

AVOID NMDC Ltd as it is showing weakness on the daily as weekly charts, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. It can fall to Rs 290, he adds. The stock is currently trading at Rs 348, down 4% on the BSE.


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12:17 pm - 

SELL GVK Power & Infrastructure Ltd for a target price of Rs 40, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. The stock is currently trading at Rs 41.65, down 2% on the BSE.


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12:09 pm - 

SELL Suzlon Energy Ltd for a target price of Rs 65-60, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. It is likely to witness a steep fall in the short-term, he adds. The stock is currently trading at Rs 73.65, down 2.6% on the BSE.


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12:01 pm - 

At noon, the markets continue their lacklustre trade. The Sensex has declined 56.24 points from its previous close to 17109.90. The Nifty has fallen 23.80 points to 5513.65 levels. Meanwhile, the BSE Midcap and the BSE Smallcap indices are currently down 1% and 0.6% respectively.


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11:54 am - 

BUY ITC Ltd around Rs 265-270 as a long-term investment bet, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. Keep a stop loss at Rs 240, he adds. The stock is currently trading at Rs 259.80, up 0.5% on the BSE.


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11:44 am - 

HOLD Fortis Healthcare Ltd for a target price of Rs 190, says Praksh Gaba, Technical Analyst. It has witnessed a significant upmove in the last few trading sessions, therefore, some profit booking around Rs 190-200 is on the cards, he adds. The stock is currently trading at Rs 179.85, down 0.8% on the BSE.


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11:32 am - 

HOLD Apollo Tyres Ltd for a target price of Rs 68-70, says Praksh Gaba, Technical Analyst. The stock is currently trading at Rs 63.90, up 0.9% on the BSE.


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11:24 am - 

BUY Siemens Ltd for a target price of Rs 748, says CD Equisearch. The stock is currently trading at Rs 724.95, down 1.3% on the BSE.


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11:16 am - 

BUY frontline private sector banking stocks like Axis Bank Ltd, HDFC Bank Ltd and ICICI Bank Ltd, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. They are likely to outperform in the short to medium term, he adds. The BSE Bankex is currently down 1.2% from its previous close.


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11:08 am - 

BUY ABB Ltd for a target price of Rs 901, says CD Equisearch. Keep a stop loss at Rs 852, they add. The stock is currently trading at Rs 854, down 1.8% on the BSE.


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11:01 am - 

BUY ICICI Bank Ltd around Rs 880-870, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. It is showing strong movements on the weekly charts, he adds. The stock is currently trading at Rs 919.50, down 1.9% on the BSE.


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10:54 am - 

Larsen & Toubro Ltd has bagged an order worth Rs 2000 crore. The stock is currently trading at Rs 1556.75, down 0.5% on the BSE.


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10:45 am - 

HOLD Sterlite Industries (India) Ltd for a target price of Rs 850-853, says Praksh Gaba, Technical Analyst. The stock is currently trading at Rs 827.70, flat on the BSE.


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10:38 am - 

HOLD Hindalco Industries Ltd for a target price of Rs 170, says Praksh Gaba, Technical Analyst. Meanwhile, it has strong support at Rs 160, he adds. The stock is currently trading at Rs 163.75, down 0.8% on the BSE.


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10:29 am - 

The markets continue to trade weak mirroring losses in realty, PSU, banking and capital goods stocks. The Sensex has slipped 44.06 points from its previous close to 17122.56. The Nifty has inched down 20.01 points to 5117.10 levels. Meanwhile, the BSE Midcap and the BSE Smallcap indices are currently down 0.6% and 0.2% respectively.


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10:21 am - 

BUY Sasken Communication Technology Ltd for a target price of Rs 195, says CD Equisearch. Keep a stop loss at Rs 178, they add. The stock is currently trading at Rs 182.40, down 0.5% on the BSE.


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10:14 am - 

BUY MIRC Electronics Ltd for a target price of Rs 18, says Arm Research. Keep a stop loss at Rs 16, they add. The stock is currently trading at Rs 17.65, up 5.1% on the BSE.


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10:07 am - 

BUY Indo Tech Transformers Ltd for a target price of Rs 314, says Arm Research. Keep a stop loss at Rs 295, they add. The stock is currently trading at Rs 304.25, up 1.5% on the BSE.


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9:55 am - 

SELL Reliance Industries Ltd (RIL) for a target price of Rs 975, says Praksh Gaba, Technical Analyst. It will face stiff resistance around Rs 1030-1025, he adds. He further says that since markets are in a downtrend, it is likely to move with a negative bias. The stock is currently trading at Rs 1019.85, down 0.1% on the BSE.


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9:47 am - 

BUY Hindustan Unilever Ltd (HUL) around Rs 195-210 as a long-term investment bet, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. The stock is currently trading at Rs 223, up 1.5% on the BSE.


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9:38 am - 

The markets are trading in the negative terrain following weak global cues. The Sensex has declined 56.12 points from its previous close to 17113.64. The Nifty has slumped 18.85 points to 5117.65 levels. Meanwhile, the BSE Midcap and the BSE Smallcap indices have dropped 0.3% and 0.1% respectively. Metal and FMCG stocks are seeing marginal buying interest; whereas banking, metal and PSU are under selling pressure amidst early trades.


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9:30 am - 

SELL Bajaj Hindusthan Ltd with a target of Rs 85, says Praksh Gaba, Technical Analyst. The stock is currently trading at Rs 145.60, down 1.1% on the BSE.


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9:23 am - 

BUY Sintex Industries Ltd for a target price of Rs 356, says Motilal Oswal. The stock is currently at 267.10, down 1.8% on the BSE.


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9:14 am - 

The Nifty has strong support at 5090 levels, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking. The overall view on the 50-stock is negative, he adds. It is currently at 5116.75, down 19.25 points.


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9:03 am - 

The markets have opened flattish with a negative bias. The Sensex has opened at 17166.97, lower by 25 points from its previous close. The Nifty has opened at 5137, down 5 points.


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8:57 am - 

The Nifty is expected to fall to 5100 levels in today's trade, says Prakash Gaba, Technical Analyst. Meanwhile, the 50-stock index has support at 5000-4950 levels, he adds.


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8:50 am - 

BUY Hindustan Construction Company Ltd (HCC) for a target price of Rs 159, says Motilal Oswal. The stock closed on Friday at Rs 142.80, down 0.3% on the BSE.


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8:39 am - 

BUY ABB Ltd for a target price of Rs 907, says Motilal Oswal. The stock closed on Friday at Rs 869.80, down 0.2% on the BSE.


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8:30 am - 

Bloomberg UTV Outlook: Markets may open subdued on the back of flat global cues. Shipping and metal stocks are expected to remain in focus


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8:20 am - 

The Asian markets are trading in the downtrend. The Nikkei Average is at 10732.73, down 18.53 points from its previous close. The Kospi has fallen 7.94 points from its previous close to 1649.43. Shedding 13.31 points, the Shanghai Composite is currently at 2993.76 levels. The Hang Seng has slipped 143.53 points to 21066.21 levels.


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8:12 am - 

The US markets closed flattish. The Dow Jones advanced 12.85 points from its previous close to shut shop at 10624.69. The Nasdaq declined 0.8 points to end at 2367.66. The S&P 500 dropped 0.25 points to close at 1149.99 levels


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8:03 am - 

BUY Axis Bank Ltd for a target price of Rs 1250, says BNP Paribas. The stock closed on Friday at Rs 1151.95, up 0.06% on the BSE.


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