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Int'l sell-off, liquidity key mkt barriers: Raamdeo Agrawal

5th December, 2008 20:35

Raamdeo Agrawal, Director and Co-Founder, Motilal Oswal Securities, said valuations are not much of a concern. "It is reasonable to expect 7.5-8.5 times. However,
US markets open weak: Dow down 70 points

5th December, 2008 20:07

US markets have opened weak. The Dow Jones Industrial Average is down 70.09 points or 0.84% at 8,306.15. The Nasdaq down 12.10 points or 0.84% to 1,433.46 and S&P
Experts unanimous: rate cuts won�t boost markets

5th December, 2008 18:57

Vivek Kudva, Pres-India, Franklin Templeton Investment, feels even as the fiscal measures that could be taken on Saturday would be good; to expect it to have an im
FIIs net sell of Rs 4.52 cr on Dec 05

5th December, 2008 18:46

FIIs were net sellers to the tune of Rs 4.52 crore in equity on December 05, 2008. (Provisional)
Rupee may appreciate in the short term: Commtrendz Research

5th December, 2008 18:41

According to Commtrendz Research's report on Indian Rupee, supports hold between 49.20/49.30 followed by 48.70. Resistances are around 50.25 followed by 50.90 leve
Ashok Chavan appointed new Maharashtra CM; Rane revolts

5th December, 2008 18:05

Ashok Chavan has been appointed as chief minister of Maharashtra. Chavan takes over from Vilasrao Deshmukh who resigned yesterday in the wake of terrorist attacks
Govt cuts petrol price by Rs 5, diesel by Rs 2

5th December, 2008 17:51

As expected, the government has gone ahead to cut fuel prices, reports CNBC-TV18. The price of petrol has been cut by Rs 5 while the price of diesel has been cut b
Crude to trade at $40-42/bbl: Microsec Commerze

5th December, 2008 17:46

Shamik Bhose of Microsec Commerze advises going short on crude once the marginal cost of production falls below USD 52-50 per barrel. He sees crude trading at USD
Bank of Rajasthan revises NRE & FCNR deposit rates

5th December, 2008 17:35

Bank of Rajasthan, one of the fastest growing, technology driven and customer friendly private sector bank, has announced revision in Non-Resident (External) Rupee
Rupee, bonds end higher

5th December, 2008 17:10

Rupee ended higher at Rs 49.61 per USD as against its previous close of Rs 49.86.
Buy Jindal Steel, target of Rs 921: Indiabulls Securities

5th December, 2008 16:59

Indiabulls Securities Research has upgraded its rating on Jindal Steel & Power from hold to buy with price target of Rs 921. The research firm has used the DCF met
Radio Mirchi 98.3 FM Consistently No.1

5th December, 2008 16:51

Radio Mirchi 98.3 FM, India�s hottest Radio station has yet again left its competitors behind. The station has emerged as the #1 station in three out four RAM mark
HDFC Bank wins 'NASSCOM IT User Award'

5th December, 2008 16:39

HDFC Bank, one of India�s premier banks, has won the 'Nasscom � CNBC TV18 IT User Award 2008' for �Best IT Adoption in the Banking sector.
Buy Larsen and Toubro, Patel Engg, Gammon India: IIFL

5th December, 2008 16:34

IIFL has recommended a buy rating on Larsen and Toubro, Nagarjuna Construction Co., Gammon India, Patel Engineering Company, Maytas Infra, Sadbhav Engineering, an
MCX-SX launches website in Hindi for currency derivatives

5th December, 2008 16:25

MCX-SX (MCX Stock Exchange), India�s new stock exchange, launched websites in national and regional language (Hindi & Gujarati) at a function today.

Auto cos cut price; experts doubt increase in sales

5th December, 2008 20:34

Bad times for the auto industry seem to be good times for the consumer. Car manufacturers are doling out discounts to lure customers. There are heavy discounts run
Nifty Futures adds Rs 25843 cr in OI: Anagram

5th December, 2008 19:07

Nifty Futures have added Rs 25843 crore in the open interest on December 5, 2008 report.
DIIs net sell of Rs 184.02 cr on Dec 05

5th December, 2008 18:48

DIIs were net sellers to the tune of Rs 184.02 crore in equity on December 05, 2008 (Provisional).
FIIs net buy of $ 111.1 mn on Dec 4

5th December, 2008 18:41

FIIs were net buyers to the tune of USD 111.1 million in equity on December 4.
Sell MCX Copper (Feb) at Rs 168: Anagram

5th December, 2008 18:18

Anagram Research has recommended to sell MCX Copper (February) at Rs 168 with a stoploss of Rs 175 in its December 5, 2008 research report.
How much will the RBI cut rates by?

5th December, 2008 17:57

The Reserve Bank of India (RBI) is likely to cut repo rate by 100-150 bps and reverse repo rate by 50-100 on Saturday. The RBI is also likely to ask banks to cut d
NCDEX- Trade details for December 05, 2008

5th December, 2008 17:50

At NCDEX, 2,029 users participated in trading on December 05, 2008 up to 5:00 pm and volumes were Rs 1,069 crore (one-way). There were more than 33,869 trades pu
Expected fiscal sops to hardly impact mkts: Barclays Cap

5th December, 2008 17:37

Sailesh Jha, Director-Asian Economic Research at Barclays Capital, feels the impact of any monetary or fiscal policy action that happens soon, as expected, will be
Buy Wyeth: Parag Parikh

5th December, 2008 17:15

Parag Parikh Financial Advisory Services has recommended a buy rating on Wyeth. The research firm expects the company to achieve a growth of 10-13% CAGR over FY08-
Cox & Kings: India�s No. 1 brand among Top 1000 brands

5th December, 2008 17:02

Cox and Kings, the 250-year-old travel company, is the number one brand in India and ranks 152 in the Asia Pacific region.
Set up system to track IPO bank guarantee: Sebi to SEs

5th December, 2008 16:53

The market regulator, SEBI has asked exchanges to set up system to track IPO bank guarantee, reports CNBC-TV18.
Expect markets to remain volatile: Reliance Money

5th December, 2008 16:47

According to Reliance Money's report, expect the markets to remain volatile and despite the unprecedented policy response from central bankers across the globe, in
SBI has resistance at Rs 1180-1200: Gujral

5th December, 2008 16:35

Technical Analyst, Ashwani Gujral is of the view that State Bank of India, SBI has strong resistance at Rs 1180-1200. It is probably one of the stronger groups, bu
Auto cos line up discounts, schemes to lure customers

5th December, 2008 16:26

If you have been planning to buy a car, this could be the best time as most auto companies are lining up discounts and schemes to lure customers.
Global indices choppy ahead of US Nov employment report

5th December, 2008 16:22

Global indices were choppy ahead of US November employment report, which analysts speculate will be worst since last quarter. Crude related stocks & base metal sto

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