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Buy Hindustan Zinc; target of Rs 1428: Motilal Oswal

Motilal Oswal is bullish on Hindustan Zinc and has recommended buy rating on the stock with a target of Rs 1428 in its January 19, 2011 research report.

Accumulate TCS; target of Rs 1275: Emkay

Emkay Global Financial Services is bullish on Tata Consultancy Services (TCS) and has recommended accumulate rating on the stock with a target of Rs 1275 in its January 18, 2011 research report.

Deep Ind promoters up stake by 4.95% via pref allotment

Deep Industries promoters has increased stake by 4.95% via preferential allotment, reports CNBC-TV18. It touched an intraday high of Rs 90.15 and an intraday low of Rs 75.75. At 12:06 hrs the share was quoting at Rs 86.85, up Rs 10.45, or 13.68%.

Liquidity Adjustment Facility : Auction Results

Liquidity Adjustment Facility : Auction Results

Nifty hits 5750; financials, metals, capital goods gain

At 11:53 hours IST - consistent buying in financial, capital goods, FMCG, metal and auto companies' shares along with heavyweights ONGC & NTPC pushed the benchmark Nifty above 5,750 level.

Buy Rallis India; target of Rs 1800: Emkay

Emkay Global Financial Services is bullish on Rallis India and has recommended buy rating on the stock with a target of Rs 1800 in its January 18, 2011 research report.

Buy HCL Tech; target of Rs 630: Prabhudas Lilladher

Prabhudas Lilladher is bullish on HCL Technologies and has recommended buy rating on the stock with a target of Rs 630 in its January 19, 2011 research report.

Union Bank announces Dec qtr results; stock rises 3%

Union Bank of India has reported net profit of Rs 580 crore in Q3FY11 as against Rs 534 crore, a growth of 8.6% on year-on-year basis, reports CNBC-TV18. It touched an intraday high of Rs 337.95 and an intraday low of Rs 327.80. At 11:43 hrs the share was quoting at Rs 336.90, up Rs 10.05, or 3.07%.

Four Soft shoots up smartly

Four Soft touched an intraday high of Rs 20.70 and an intraday low of Rs 18.85. At 11:41 hrs the share was quoting at Rs 20.05, up Rs 1.40, or 7.51%.

Buy HT Media; target of Rs 175: Angel Broking

Angel Broking is bullish on HT Media (HTML) and has recommended buy rating on the stock with a target of Rs 175 in its January 19, 2011 research report.

Union Bank of India Q3 net profit up 8.6% at Rs 580 cr

Union Bank of India has declared its results for the quarter ended December 2010. It has reported net profit of Rs 580 crore in Q3FY11 as against Rs 534 crore, a growth of 8.6% on year-on-year basis.

Macquarie Sec warns inflation risky for India, bets on IT

Economists and experts are worried even as policymakers are trying to combat rising prices with higher interest rates and to keep local currencies from appreciating too sharply. Richard Gibbs, Macquarie Securities feels that inflation will remain key risk for domestic markets.

Hold HCL Tech; target of Rs 522: KRChoksey

KRChoksey has maintained hold rating on HCL Technologies with a target of Rs 522 in its January 20, 2011 research report.

Indian Bank gains 5% on robust Dec qtr results

Indian Bank has reported December quarter net profit of Rs 491 crore as against Rs 441 crore, a growth of 11.34% on year-on-year basis, reports CNBC-TV18. touched an intraday high of Rs 233.40 and an intraday low of Rs 221.90. At 11:09 hrs the share was quoting at Rs 231.85, up Rs 11.10, or 5.03%.

How is JPMorgan reading Q3 nos of tech majors?

Not surprised with Wipro's performance in the said quarter, Viju George of JPMorgan said the company has bee lagging for the last six-seven quarters and the trend may continue going forward. "It needs to shift its topline growth trajectory," he said.

Indian Bank Q3 net profit up 11.34% at Rs 491 cr

State-owned Indian Bank has declared its results for the quarter ended December 2010. It has reported net profit of Rs 491 crore as against Rs 441 crore, a growth of 11.34% on year-on-year basis.

Buy TVS Motor Company; target of Rs 86: LKP

LKP is bullish on TVS Motor Company and has recommended buy rating on the stock with a target of Rs 86 in its January 21, 2011 research report.

Nifty inching up towards 5750; SBI, ONGC, BHEL, HDFC up

At 10:34 hours IST - Indian equities strengthened further led by buying in financial (barring HDFC Bank), FMCG, metal (except SAIL), cement, capital goods, realty and auto companies' shares along with ONGC and NTPC. The Nifty was inching up towards 5750 level while the Sensex added 100 points.

Hold Hindustan Zinc; target of Rs 1317: PINC Research

PINC Research has maintained hold rating on Hindustan Zinc (HZL) with a target of Rs 1317 in its January 20, 2011 research report.

Asian Paints Q3 net profit seen up 25% at Rs 245 cr

Asian Paints is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up by 25% to Rs 245 crore from Rs 196 crore (QoQ) and up 15.5% from Rs 212 crore (YoY).

Royal Orchid Q3 cons net profit up at Rs 4.4 cr

Royal Orchid has declared its third quarter results. The company's Q3 consolidated net profit was up at Rs 4.4 crore versus Rs 3 crore.

Buy Cadila Healthcare; target of Rs 1028: Motilal Oswal

Motilal Oswal is bullish on Cadila Healthcare and has recommended buy rating on the stock with a target of Rs 1028 in its January 18, 2011 research report.

Nalanda Capital buys into electric appliance firm V-Guard

Nalanda Capital has acquired 2.2% stake in Kochi-based power systems maker V-Guard through open market purchases for about Rs 11.5 crore(USD 2.5 million).

BlackBerry program may help RIM defend its turf

Research In Motion aims to keep its dominance of the corporate smartphone market by enabling the BlackBerry to segregate a user's personal data from work-related emails and other applications sponsored by employers.