The support for the Sensex is 8940 and the resistance to the up move is at 9505-9705....

Technical Analyst, Deepak Mohoni is of the view that one can hold Axis Bank and you will see better prices than todays in the next few months in the way....

Dipan Mehta, Member, BSE and NSE, said 8,000-8,500 have been good levels in the past because of aggressive buying coming in from domestic insurance companies. “Based on the present statistics and analyst estimates, it would appear that around 8,000-8,500 would be a good value picking opportunity."...

Members of the Exchange are hereby informed that the trading in the following bonds of IDBI Bank Limited shall be suspended w.e.f. December 05, 2008 on account of final redemption as per details given below: 1) Infrastructure (Tax Saving) Bond Option B, Symbol - IDBI0104, Series - N9, 2) Infrastructure (Tax Saving) Bond Option D, Symbol - IDBI0104, Series - NB....

Bharti Airtel Ltd has informed BSE that Committee of Directors of Board of Directors of the Company in its meeting held on November 18, 2008, has allotted 67,650 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 38,600 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 221/-

- 9,375 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 313/-

- 700 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 357/-

- 1,050 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 366/-

- 9,300 Equity shares of Rs 10/- each fully paid up at an exercise price of Rs 390/-

- 7,450 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 412/-

- 1,000 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 597/-

- 175 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 771/-

With the allotment of the above shares the equity base of the Company stand increased from present level of 1,898,138,419 (Nos.) to 1,898,206,069 (Nos.) equity shares of Rs 10/- each....

Housing Development Finance Corporation Ltd (HDFC) has informed BSE that the Corporation, on November 18, 2008, allotted 3,177 equity shares of Rs 10 each pursuant to exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 284,44,32,130 consisting of 28,44,43,213 equity shares of Rs 10 each....

Enam Securities Pvt Ltd (Manager to the Buy Back) On behalf of FDC Ltd (Target Company) has issued this Public Announcement to the Equity Shareholders / Beneficial Owners of the Equity Shares of the Target Company pursuant to the Provision of Regulation 8(1) read with Regulation 15(c) and is in compliance with the Securities & Exchange Board of India (Buyback of Securities) Regulations, 1998 as amended and contains the disclosure as specified in schedule II to these Regulations.

The Buy Back

The Target Company hereby announces the buyback ("the Buyback") of its fully paid up equity shares of the face value Rs 1 each ("Equity Shares") from the existing owners of Equity Shares of the Company from the open market through stock exchange using the electronic trading facilities of the Bombay Stock Exchange Ltd ("BSE") and the National Stock Exchange of India Ltd ("NSE") ("the stock exchanges"), in accordance with the provisions of sections 77A, 77AA, 77B and all other applicable provisions, if any, of the companies Act, 1956 ("the Act") and the Securities and Exchange Board of India (Buyback of Securities) Regulation 1998 ("The Buyback Regulations") and the relevant provision of the Memorandum of Association and Articles of Association of the Company subject to approval/s as may be necessary, from time to time from statutory authorities including but not limited to Securities and Exchange Board of India, Stock Exchange, Reserve Bank of India as required at a maximum price not exceeding Rs 40 per Equity Share ("Maximum Buyback Price") payable in cash, for an amount of up to Rs 3585.96 lakhs (Rupees thirty five crores eighty five lakhs and ninety six thousand only) ("the maximum Buyback Size"). The Maximum Buyback size represents approximately 10% of the aggregate of the Companys paid-up equity capital and free reserves as on March 31, 2008 (the date of the latest standalone audited accounts as on the date of the Board Resolution dated August 12, 2008 approving the buyback) which is within the maximum permissible limit of 10% of the aggregate paid-up equity capital and free reserves. The aggregate paid up capital and free reserves of the Company as at March 31, 2008 was Rs 35,859.62 lacs).

As per Section 77A of the Act the buyback of equity shares in any financial year shall not exceed twenty-five percent of the total paid-up equity capital of the Company in that financial year.

The actual number of equity shares to be bought back would depend upon the average price paid for the Equity Shares bought back and the amount deployed in the Buyback in accordance with the resolution passed by the Board of Directors of the Company on August 12, 2008.

Maximum Buyback Price offers a premium of 15.94% and 15.61% over the closing prices on the BSE and NSE respectively prevailing on August 12, 2008 i.e. the date of the Board Meeting approving the Buyback.

Proposed Time Table

Board Meeting Approving Buyback - August 12, 2008

Date of Opening of Buyback - November 24, 2008

Acceptance of Shares - Within 15 days of the relevant payout dates of the Stock Exchanges.

Extinguishment of Shares - Within 15 days of acceptance as above.

Last Date for the Buyback - August 11, 2009 (i.e. 12 months from the date of the resolution passed by the Board of Directors of the Company at its meeting held on August 12, 2008). However, the Board in its absolute discretion may decide to close the Buyback at an earlier date in the event Minimum Offer Shares have been purchased under the Buyback even if maximum Buyback size has not been reached or maximum Offer Shares have not been bought back by giving appropriate notice of such date and completing all formalities in this regard as per relevant laws and Regulations. There would be a completion of all payment obligations in respect of Buy-back prior to the last date of Buy-back....

18 rs will come very soon. Negative Candidate -Long term, Nov 18, 2008 Analysis Explanation MEGASOFT LTD has broken down through the floor of the falling trend channel, which signals an even stronger falling rate. The negative development, however, may give rise to short term corrections up from today`s level. The stock has support at rupee 18.00 and resistance at rupee 122. The stock is assessed as technically negative for the long term. chani...

very soon NIIT Ltd is going to touch 16 rs and watch out. Neutral -Long term, Nov 18, 2008 Analysis Explanation NIIT LTD. has broken the rising trend and reacted strongly down. For the time being, it is difficult to say anything about the future trend direction. The stock has support at rupee 16.00 and resistance at rupee 37.00. RSI is oversold. The stock can still fall further, and we should see an increasing RSI before this is used as a positive signal. The stock is overall assessed as technically neutral for the long term. chani...

Now the analysts are confused as to how long the recession would last. Some have started saying two more years. Question is when are we going to hear any good news? In the Indian context: 1. Falling crude 2. Falling Inflation 3. Rate cuts Global Context:Pl refer to Kalidas At present bad news score over good news. What would happen once Nifty attains October lows? Are these levels sacrosanct? ...

Nifty will find support at 2650 below that gov and rbi would act to infuse more liquidity....

ah, it touched a 6 year low today, will it hit 50, delicious then......

It will go down at least 1700-1800...

that means 15 times more than present price un immaginable...