1/04/2010

AM Indian-American engineer to transform US power grid - Indian-American engineer to transform US power gridVenkat Selvamanickam is developing technology that is revolutionising the way power is generated, transported & used. Desi with an OCI card faces difficulty

Buy Bartronics between Rs.150 - Rs.153.20 Target Rs.165 in 2-5 days. Stop Loss = Rs.147


Buy Nifty Fut between Rs.5259 - Rs.5250 Target Rs.5300 in 3 days . Stop Loss = Rs.5242

Kolkata race club galloping on revival turf - One of the oldest and most popular legacies of British rule in India is galloping down the revival track. A pioneer in organised racing in the country, the 160-year-old Royal Calcutta Turf Club (RCTC) is firmly in the saddle in its attempt to regain lost glory and put Kolkata back on the racing map.

Buy CESC between Rs.380 - Rs.387 Target Rs.402 in 2 - 3 days. Stop Loss = Rs. 379

Emerging mkts will emerge much stronger post-cris
Taj GVK Hotels stock stands out in the hotel space


Buy SPARC between Rs.98.5 - 97 Target Rs.105 in 1-2 days. Stop Loss = Rs.96

Buy MAHINDRA FORGING between Rs.110 - Rs.114 for a Target of Rs.119 in 2 - 3 days. Stop Loss = Rs.109

IBM to help small tech companies - Global software maker International Business Machines said it would provide access to research, sales, marketing and technical skills to very early-stage companies, who register on the Global Entrepreneurship Programme.


redit Suisse hands CEO $66.m bonus - Credit Suisse Group AG stoked debate on executive pay in Switzerland on Wednesday by awarding Chief Executive Brady Dougan shares worth around 71 million Swiss francs ($66.60 million) under a five-year bonus plan.


The market opens on a good and stable note this first day of a new financial year. Earlier, the US markets ended lower with the Dow Jones down 51 points. Asian markets are looking positive this morning. Sensex is trading at 17612, up 85 points from its previous close, and Nifty is at 5274, up 25 points. CNX Midcap index is up 0.6% and BSE Smallcap index is also up 0.6%. The market breadth is positive with advances at 613 against declines of 126 on the NSE.



NIFTY TO OPEN FLAT. TREND IS NEGATIVE, SUPPORT IS 5240 AND 5202. IF CROSS AND CLOSE ABOVE 5315+ THEN UPSIDE EXPECTED


Markets likely to open in the green following positive Asian cues and stabilise at higher levels during the day

Buy Biocon 295298 levels:Shrikant Chouhan Views
Buy Sun Pharma @ 1750: Devang Visaria- Views/Recom
Bharti closes flat on BSE Yahoo India News Yho Buz

The positive momentum in the market is likely to continue today on the back of FII flows, says Neeraj Deewan of Quantum Securities on NDTV Profit. He expects to see strength continue in infra and capital goods but not much value in FMCG stocks.