The Reserve Bank of India, or RBI, has cut the cash reserve ratio, or CRR, by 50 bps to 8.5% with effect October 11. The cut will infuse Rs 20,000 crore into the system....

KRChoksey has come out with its earning estimates on Banking Sector for the quarter ended September 2008. According to the research firm, HDFC Bank's September quarter net interest income is expected to go up 59.6% at Rs 1856 crore versus Rs 1162.7 crore on YoY basis....

Investment Advisor SP Tulsian is of the view that one should remain invested in Alok Industries. It is a textile major player but they have forayed in a big way in realty also and both the sectors have been facing the negative perception of the market or the investors....

Stock market can be an ideal vehicle towards wealth creation, but the same can be really hazardous if you venture into its treacherous waters without any strategy in place....

Rajoo Engineers Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on September 24, 2008, inter alia, have passed the following:

1. Audited Accounts & Report of the Board of Directors and Auditors thereon, for the financial year 2007-08, ended on March 31, 2008, adopted by Members

2. Members confirmed & approved declaration of final dividend @ 21% on paid up share capital of the Company.

3. Mr. J P Aghera, Mr. Ramesh A Shah, Mr. Mahasukh S Mehta, Directors liable to retire by rotation, reappointed as such by Members

4. M/s. M N Manvar & Co., Statutory Auditors of the Company was reappointed as such to hold office up to conclusion of the next Annual General Meeting.

5. Members also approved revision in remuneration of Mr. C N Doshi, Chairman & Managing Director, Mr. R N Doshi, Joint Managing Director, Mr. Sunil B Jain, Executive Director-International Operations, Mr. J P Aghera, Whole-Time Director and Mr. K P Aghera, Whole-Time Director....

Era Financial Services India Ltd has informed BSE that the Board of Directors of Company has decided to withdraw its proposal for merger of Era Landmarks (India) Ltd with the Company....

Granules India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 20, 2008, inter alia, to consider and approve the Audited Annual Accounts for the year 2007-08, Unaudited Financial Results for the first quarter ended September 30, 2008 and recommendation of final dividend for FY 2007-08....

Anything in the range of 2600-2800 will be excellant seeing the turmoil in the world markets. This is failure of the US the biggest economy. ...

I have already entered at 3600 level with short term horizon. Though nifty may touch level below 3000, but it will bounce back from 3600 levels and it can go upto level of 4000-4100 level within few trading session where it is advisable to offload short term holdings and apply wait & watch approach going forward....

I have already entered at 3600 level with short term horizon. Though nifty may touch level below 3000, but it will bounce back from 3600 levels and it can go upto level of 4000-4100 level within few trading session where it is advisable to offload short term holdings and apply wait & watch approach going forward....

Pl hold Selan, as the Q-2 results would be very good, which will endorse the opinion that it would be future blue chip....

Still valuations are high, as FII have set them on account of their target of lower return on investment. NIFTY is around 15-16 PE and still has some 15-20 % scope of discount. According to me 3000/10500 would be peak time to enter as the valuations would be reasonable for long term. ...

what it means? is it good for position holders or not? kindly tell me to day I bought @21 and earlier my price is 35. shall i hold or sell?...

I have bought Oct options of JP Associates (strike price 120) @ 3.50 today. Can someone please tell me what happended to news of JP getting contracts woth Rs 12000 crore? also what level can it touch by this month end?...