Market News

IIFL sees rupee heading to 60/$ by Dec-end  

23 May 2013, 7.56 pm  |  Source: Moneycontrol.com

IIFL's Disha Bhatt expects the rupee to head towards 60 per dollar by December-end. She cites rollback of stimulus or bond buying by the US Federal Re...

BoB, Bank of India, Oriental Bank look weak: SP Tulsian   

23 May 2013, 7.55 pm  |  Source: CNBC-TV18

Bank of Baroda (BOB), Bank of India (BOI) and Oriental Bank of Commerce (OBC) are looking weak, says SP Tulsian of sptulsian.com....

Short Punjab National Bank, DLF: Sukhani   

23 May 2013, 7.52 pm  |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com advises to short Punjab National Bank (PNB) and DLF at current levels....

Short Adani Enterprise, Reliance Communication: SP Tulsian   

23 May 2013, 7.50 pm  |  Source: CNBC-TV18

SP Tulsian of sptulsian.com advises to short Adani Enterprise and Reliance Communication at current levels....

JSW Steel confident of 9-10% growth in FY14 crude steel   

23 May 2013, 7.49 pm  |  Source: CNBC-TV18

JSW Steel is confident of meeting its guidance of 9-10% growth in crude steel given the higher avilability of iron ore. ...

Fed minutes spark sell off; volatility back in market   

23 May 2013, 7.47 pm  |  Source: CNBC-TV18

The minutes of last night’s Fed meeting seemed to suggest that a lot of members of the Fed did not want quantitative easing (QE) to continue, which ...

Reliance Infra may slip to Rs 360, says Kulkarni   

23 May 2013, 7.47 pm  |  Source: CNBC-TV18

Shardul Kulkarni of Angel Broking is of the view that, Reliance Infrastructure is expected to decline towards Rs 360 levels over the next three to fou...

Sell SBI on rise, says Shardul Kulkarni   

23 May 2013, 7.45 pm  |  Source: CNBC-TV18

According to Shardul Kulkarni of Angel Broking one can would wait for bounce in State Bank of India (SBI) and short on rally....

Sell Wockhardt around Rs 1620-1630: Kulkarni   

23 May 2013, 7.44 pm  |  Source: CNBC-TV18

Shardul Kulkarni of Angel Broking is of the view that, one should should wait for some bit of a bounce in Wockhardt and can sell the stock around Rs 1...

Bottom line on Singapore GDP: Curb your enthusiasm  

23 May 2013, 7.40 pm  |  Source: CNBC

Activity in the manufacturing sector, which accounts for roughly 20 percent of Singapore`s GDP, contracted 12.3 percent in the first quarterand that`s...

Stay with short bias; avoid banks till expiry: Experts   

23 May 2013, 7.00 pm  |  Source: CNBC-TV18

CNBC-TV18's market experts advise investors to stay with the short bias on the markets amd avoid bank-stocks till expiry of the May series....

BHEL Q4 net drops 4.2% at Rs 3327 cr  

23 May 2013, 6.56 pm  |  Source: PTI

Bharat Heavy Electricals Limited reported net profit of Rs 3,379.81 crore in the January-March quarter of previous financial year....

Buy L&T June Puts: Shardul Kulkarni   

23 May 2013, 6.43 pm  |  Source: CNBC-TV18

Shardul Kulkarni of Angel feels that, one can buy Larsen and Toubro (L&T) once the stock moves back towards Rs 1,500 level....

Will strive to get ARPU of Rs 175 in FY14: Dish TV   

23 May 2013, 6.41 pm  |  Source: CNBC-TV18

Dish TV India will strive to improve its average revenue per user to Rs 175 going ahead, says Jawahar Goel, MD, Dish TV....

Tata Steel's Q4 loss at Rs 6528 cr on impairment provision   

23 May 2013, 6.33 pm  |  Source: Moneycontrol.com

Tata Steel has posted Rs 6528 crore loss in Q4 against Rs 433 crore profit it posted in year-ago period....

Dip in European mkts shallow, short-lived: Bruno Verstrate   

23 May 2013, 6.15 pm  |  Source: CNBC-TV18

Bruno Verstrate, CEO, Lakefield Partners says that global markets were preparing for some sort of pullback after the steep upwards rally in the Japane...

Exit Ranbaxy Labs around Rs 440-450, says Sanjeev Agarwal   

23 May 2013, 5.39 pm  |  Source: CNBC-TV18

According to Dynamix Research & Capital Management’s CEO Sanjeev Agarwal, Ranbaxy may see a pullback around Rs 440-450. He said that would be a leve...

Sell Ranbaxy Labs, advises Rajesh Agarwal   

23 May 2013, 5.33 pm  |  Source: CNBC-TV18

Eastern Financiers’ Head of Research Rajesh Agarwal recommended selling Ranbaxy Labs. He said he wouldn’t be surprised if this stock falls below R...

Accumulate SBI around Rs 2,150-2,200, advises Agarwal   

23 May 2013, 5.29 pm  |  Source: CNBC-TV18

Eastern Financiers’ Head of Research Rajesh Agarwal advised medium to long term buyers to accumulate SBI at around Rs 2,150-2,200 levels for target ...

Rel Power upmove to stall; shift into IT, banks: Sukhani   

23 May 2013, 5.27 pm  |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com feels ICICI Bank will certainly to do better over the next two years. According to him, it is the better performe...

Prefer banks, IT stocks over Tata Steel, says Sukhani   

23 May 2013, 5.25 pm  |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com advised exiting Tata Steel and going into banks or IT stocks....

Come on, give the Aussie dollar a break: pros  

23 May 2013, 5.21 pm  |  Source: CNBC

The Aussie dollar has shed almost five percent in the past two weeks against the US dollar, hurt by signs of weakness in the Australian and Chinese ec...

Rallies end sometime, but this one may not end soon  

23 May 2013, 5.17 pm  |  Source: CNBC

Walter Zimmerman, senior technical analyst at United-ICAP said, "Looking at the near-term indicators, it looks like all we`re likely to get here is a ...

Don't buy Reliance Comm, SKS Micro, says Sukhani   

23 May 2013, 5.10 pm  |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com said one should not buy Reliance Communications and SKS Microfinance now. According to him, one should buy these ...

Sell DLF, target of Rs 200: Sudarshan Sukhani   

23 May 2013, 5.09 pm  |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com advised selling DLF, with a target price of Rs 200....

De-growth in education biz weighed on Q4 nos: NIIT  

23 May 2013, 5.04 pm  |  Source: CNBC-TV18

Even though revenues have dropped, Vijay Thadani, CEO of NIIT says three out of four businesses have done exceptionally well. ...

Bullish on SBI, see 10-12% upside on stock: Angel Broking   

23 May 2013, 5.02 pm  |  Source: CNBC-TV18

India's largest commercial bank SBI's net profit for fourth quarter declined 18.5 percent from a year earlier period to Rs 3,299 crore on account of h...

Buy IT stocks on decline, says Sukhani   

23 May 2013, 5.02 pm  |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com advises to buy IT stocks on dip and sell banks at current levels....

Buy DLF on dips, says Jitender kumar    

23 May 2013, 5.01 pm  |  Source: CNBC-TV18

Jitender Kumar of SBICap Securities is of the view that one can buy DLF on dips. "One could wait for any rise to Rs 220-225 and it could be very good ...

Short ICICI Bank: Jitender Kumar   

23 May 2013, 5.00 pm  |  Source: CNBC-TV18

Jitender Kumar of SBICap Securities is of the view that one can short ICICI Bank with a target of Rs 1100....