Adani Ent & Bank india look good: Astroprofit
Adani Enterprises Ltd. incorporated on dated 2nd March 1993. Today Moon is transiting over the 3rd house from the natal Moon and other planetary combinations are indicating some upside in intraday or coming days.
Stocks in news: DRL, PFC, Hindalco, PTC, HOEC, HDFC
JSW Energy | Tata Motors | PFC | Jay Shee Tea | Lloyds Steel | Dr Reddy's Labs | Bombay Rayon Fashions | Aurobindo Pharma | Hindalco | HUL | Thiru Arooran Sugars | Vardhaman Textile | Kwality Dairy | HOEC | SRF | Hathway Cables | HDFC and PTC are stocks, which are in the news today.
Ganeshaspeaks: Market prediction for May 10
Ranbaxy, R-Comm, R-Power, R-Infra, Reliance Capital – All those names beginning from 'R' had experienced a lot of pressure on Thursday.
Nifty may come down to 5507-5463: Angel
According to a report by Angel Broking, if Nifty trades below 5547 levels for the first half-an-hour of trade then it may correct up to 5507-5463 levels.
Crude slips from three-day high
In commodities, oil declines, slipping from a three-day high, as investors sold contracts to lock in profits after prices surged 5.5%, and reacted to new margin requirements. The WTI margins will go up 25% starting today.
Nifty has support at 5500: Gaba
The support for the Nifty is at 5500 and resistance at 5623-5635.
Shree Renuka Sugars Q2 PAT seen down 669% at Rs 76.3 cr
Bottomline performance of Shree Renuka Sugars is likely to be poor for the quarter ended March 2010 and the same with operating profit margin (OPM).
Nifty likely to witness range of 5600-5500: Bhambwani
The coming session is likely to witness a resistance at the 5600 levels on advances above which the 5630 maybe tested. Support is likely at the 5500 levels below which the 5470 maybe seen.
GE Shipping cuts shipping exposure; to focus on offshore
Great Eastern Shipping Co is planning to redeploy cash from its shipping business, where it is cutting exposure by selling three large vessels, and focus on offshore segments, a senior official said.
Govts okay UN report on big renewables potential
Renewable sources such as solar, wind and hydropower could fulfil almost 80% of the world's energy demand by 2050 with the right policies, according to a UN report which won backing from governments on Monday.
LinkedIn IPO price values company at over $3bn
LinkedIn Corp, the social site for business professionals, is hoping to cash in with investors eager to gobble up shares in social networking companies such as Facebook, with a public debut valuing the company at more than USD 3 billion.
Delhi HC to examine Air India's problems
The Delhi Court on Monday decided to look into the problems faced by Air India which led to a strike by its pilots recently saying it is a matter of public interest which the nation wants to know.
JSW Energy commissions third unit at Ratnagiri
Sajjan Jindal-led JSW Energy on Monday said it has successfully commissioned the third unit of 300 MW project at its plant in Ratnagiri in Maharashtra.
SEBI cautions India Inc against insider trading
Mumbai, May 9 (PTI) Concerned over increased instances of manipulation and insider trading, Sebi today cautioned India Inc against such activities and asked it to allow the regulator to fulfill the job of developing the market rather than being just a vigilant watchdog.
PFC disburse loans of Rs 950cr for power sector in Gujarat
State run Power Finance Corporation (PFC) on Monday said it has disbursed loans to the tune of Rs 950 crore last year for the power sector in Gujarat, even as the cumulative disbursements for the state reached Rs 8,000 crore.
Bharat Forge in JV with David Brown System India
Pune-based auto component-maker Bharat Forge on MOnday said it has entered into an agreement with David Brown System India (Holdings), through its wholly-owned subsidiary BF Infrastructure Ventures Limited (BFIVL) to form a JV company--David Brown Bharat Forge Gear Systems India.
10-year yield seen between 8.24-8.29%: Bagla
The 10-year yield is seen between 8.24-8.29%, says Sandeep Bagla, ICICI Securities Primary Dealership.
YES Bank hikes interest rates on term deposits
Private sector lender YES Bank on Monday increased interest rates on term deposits by up to 50 basis points depending on the maturity.
Rupee to remain in 44.50-44.70/$ range: Nanivadekar
I expect the rupee to edge up on equity market cues and in anticipation of fund inflows. The range for the day is seen between 44.50-44.70/$, says Vikram Nanivadekar, Verity Analytics.
YoY inflation in Asia will peak in July: Credit Suisse
In 2004, GEMs rallied strongly in the second half of the year as inflation peaked with MSCI EM Index rallying 28% from the lows to year-end.
Market cues: FIIs net sell $78 mn
Market cues: FIIs net sell USD 78 million in the cash market on May 06.
US markets end marginally up; CME raises crude oil margin
The Dow Jones Industrial Average ended up 46 points at 12,685. NASDAQ Composite was up 16 points at 2,843 and S&P 500 Index was down 6 points at 1,346.
Wall St ends higher as commodities rebound
US stocks rose on Monday as commodity-related shares rebounded from last week's collapse, masking deeper doubts about what will sustain the market's long-term strength.
New fears on Greece dent euro; commodities bounce
New-found worries that Greece may be forced to restructure its debt brought the euro to around a three-week low on Monday, while US stocks rose as resource shares gained alongside commodities after last week's rout.
