Limited downside in Cosmo Films, says Ashish Chugh, Investment Analyst.
Reliance Power touched a 52-week low of Rs 134.05. At 09:26 hrs the share was quoting at Rs 140.40, down Rs 6.50, or 4.42%.
Oil companies have raised petrol prices by Rs 2.50-2.54 per litre with effect from Saturday midnight. Also they raised ATF prices by 2%, reports CNBC-TV18.
According to a report by Angel Broking, if Nifty trades below 5709 levels for the first half-an-hour of trade then it may correct up to 5585-5515 levels.
Stock Futures shed 47 lakh shares in OI. Nifty Futures added 16.6 lakh shares shares in OI and ended flat versus 4 points premium.
Kiri Dyes | Vardhman Polytex | Hindustan Copper | Sangam India | Infosys | SAIL | HUL | Nectar Life | Jaiprakash Power Venture | L&T | Glenmark Pharma | Tata Steel | ONGC and Unichem Labs are stocks, which are in the news today.
F&O cues: Total Nifty futures up Rs 129 crore and Options up Rs 2753 crore.
Indian ADRs ended mostly lower yesterday. In the IT space, Infosys was down 1.55% or $70.73, Patni was 0.7% at $19.96, while Wipro was up 2.53% at $14.97.
UBS Securities Asia Ltd. A/c Swiss Fin. Corp. sold 1,569,246 shares at Rs 120.20. Yesterday the share closed at Rs 127.50.
On January 14, 2011 India Max Investment Fund Limited bought 1,128,000 shares of at Rs 45 on the BSE. However, Legg Mason Asset Management Asia Pte Ltd Ac The Cox Kings Overs sold 1,127,880 shares at Rs 45. Yesterday the share closed at Rs 45.40.
On January 14, 2011 Sainath Herbal Care Marketing Private Limited sold 191,575 shares of Quintegra Solutions at Rs 10.25 on the BSE. Yesterday the share closed at Rs 10.28.
On January 14, 2011 Surya Corporation sold 117,803 shares of Premier Energy and Infrastructure at Rs 38.21 on the BSE. Yesterday the share closed at Rs 38.85.
Angel Broking is bullish on Sintex India and has recommended buy rating on the stock with a target of Rs 229 in its January 13, 2011 research report.
Anand Rathi Securities has recommended hold rating on Infosys Technologies with a target of Rs 3520 in its January 13, 2011 research report.
Anand Rathi Securities has recommended hold rating on Patni Computers with a target of Rs 500 in its January 13, 2011 research report.
Prabhudas Lilladher is bullish on Steel Authority of India (SAIL) and has recommended accumulate rating on the stock with a target of Rs 200, in its January 14, 2011 research report.
PINC Research has recommended hold rating on Coromandel International with a target of Rs 316 in its January 14, 2011 research report.
Power Grid top pick in power sector, says Dipan Mehta, Member of BSE & NSE.
Enter into banking stocks, says Dipan Mehta, Member of BSE & NSE.
Stay away from IT, pharma stocks, says Rahul Mohindar, viratechindia.com.
Ashok Leyland a long term bet, says Rahul Mohindar, viratechindia.com.
LIC Housing Finance slipped 3.33% or Rs 5.45 to close at Rs 158.45 on the BSE. It touched an intraday high of Rs 164 and an intraday low of Rs 157.65. There were pending sell orders of 1,271 shares, with no buyers available. The total traded volumes were of 1,861,295 shares. However, the share was down 45.14% in three month.
Avoid Steel Authority of India, (SAIL), says Dipan Mehta, Member of BSE & NSE.
LKP is bullish on Suprajit Engineering and has recommended buy rating on the stock with a target of Rs 31 in its January 14, 2011 research report.
Asit C. Mehta is bearish on GRUH Finance and has recommended sell rating on the stock with a target of Rs 374 in its January 14, 2011 research report.