5 interesting IPOs to watch in 2011: Mehta Equities
The research firm Mehta Equities said one should watch out for five interesting IPOs in 2011, which are Micromax, Tata Autocomp Systems, IOT Infrastructure, L&T Finance and HPCL-Mittal Energy.
Sensex volatile; TCS, Infosys, HDFC Bank, DLF slip
At 10 hours IST - the benchmark Sensex erased about 150 points from early trade highs and turned extremely choppy. On one side, private financial, realty and technology companies' shares along with L&T and ITC were witnessing selling pressure.
iGate's open offer for Patni to start on March 4
iGate’s open offer for Patni will start on March 4 and close on March 23, reports CNBC-TV18 quoting NewsWire18.
Navin Fluorine gets 1.34 mn carbon credits; stock up 2.6%
Navin Fluorine International has got 1.34 million carbon credits worth nearly 16 million Euro, reports CNBC-TV18. It touched an intraday high of Rs 297 and an intraday low of Rs 282.50. At 09:56 hrs the share was quoting at Rs 288.75, up Rs 7.55, or 2.68%.
Buy HDFC; target of Rs 685: IIFL
IIFL is bullish on HDFC and has recommended buy rating on the stock with a target of Rs 685 in its January 11, 2011 research report.
Nifty has resistance at 5790-5830: ICICIDirect
ICICIDirect.com has come out with a pre-market research report. The research firm says, the Nifty is expected to find support at 5720-5650 and resistance at 5790-5830.
Expect rupee to remain steady today: Karvy
Karvy Stock Broking has come out with a research report on currencies. The research firm expects Indian rupee to remain steady for the day.
Sell Maruti; target of Rs 1282: IIFL
IIFL is bearish on Maruti and has recommended sell rating on the stock with a target of Rs 1282 in its January 11, 2011 research report.
Japan to buy euro zone bonds to bolster EFSF
Japan will purchase euro zone bonds to bolster confidence in the European Financial Stability Facility as the euro zone struggles with a prolonged debt crisis, Japan's finance minister said on Tuesday, boosting the euro.
Quick look at Windows Phone 7’s first few handsets
The Windows Phone 7 OS (microsoft.com/windowsphone) looks good enough to stand shoulder-to-shoulder with Apple iOS and Google Android (or at least at their elbows). HTC, Samsung and LG have handsets ready to go, all sporting impressive specs.
The X chromosome: Women in the workforce
Sylvia Ann Hewlett, economist, author, teacher and speaker tells Forbes India that women need new role models and should take risks to build a flourishing career.
Bullion: The white revolution
Gold has shown all the signs of scaling new peaks, but still silver may outperform the yellow metal in 2011.
iGATE open offer for Patni to start on Mar 4; stk down
Patni Computer Systems touched an intraday high of Rs 471 and an intraday low of Rs 455.60. At 09:30 hrs the share was quoting at Rs 456, down Rs 7.85, or 1.69%. iGATE open offer for the company will start on March 4 and close on March 23, quoting NewsWire18, reports CNBC-TV18.
BHEL to get Rs 6100cr orders; stock up 3%
Bharat Heavy Electricals (BHEL) touched an intraday high of Rs 2,257 and an intraday low of Rs 2,195. At 09:24 hrs the share was quoting at Rs 2,248.45, up Rs 66.95, or 3.07%. According to Sources, the company will get Rs 6,100 crore orders from Rajasthan state company, quoting NewsWire18, reports CNBC-TV18.
News Roundup: Piramal May Buy Majority Stake in Hind Dorr
Piramal Group is close to buying a majority stake in Hind Dorr. Piramal Group is close to buying IVRCL’s entire 55% stake in Hind Dorr, which is currently valued at Rs 440 crore.
Nagarjuna Fert to demerge oil operations; stk rises 2%
Nagarjuna Fertilisers and Chemicals has okayed oil operations demerger into Nagarjuna Oil Refinery, reports CNBC-TV18. It touched an intraday high of Rs 30.50 and an intraday low of Rs 30.05. At 09:20 hrs the share was quoting at Rs 30.35, up Rs 0.65, or 2.19%.
Hexaware board approves 1:1 bonus share; stock gains
Hexaware Technologies board has approved 1:1 bonus share issue. Also they are going to pay Rs 1 per share special interim dividend, reports CNBC-TV18. It touched an intraday high of Rs 124.70 and an intraday low of Rs 118.50. At 09:18 hrs the share was quoting at Rs 119.90, up Rs 2.40, or 2.04% on the NSE.
Nifty hits 5800 on short covering; BHEL, Hindalco, SBI up
The benchmark Nifty clawed back above 5800 level in early trade on Tuesday, after heavy sell-off seen in previous five sessions. Metal, auto, banking and infrastructure companies' shares were seeing short covering.
Personal care, paints to outperform: Astrostocktips
Personal care and paints following sectors will be receiving astrological support, says Satish Gupta of astrostocktips.
ACC looks positive: Astromoneyguru
Today real state, fertilizer, railways stocks should be kept under observations.
Groupon Raises $950M In Financing
Web advertising firm Groupon Inc, announced on Monday that it has completed a $950 million round of financing.
Rupee opens at 45.39 per dollar
The Indian rupee opened at 45.39 per dollar versus 45.44 yesterday.
Money Market Operations as on January 10, 2011
Money Market Operations as on January 10, 2011
Pre-credit policy meeting today
The Reserve Bank of India (RBI) will be holding the pre-credit policy meeting today. Bankers are likely to seek some relief from the RBI to cool off inflation, reports CNBC-TV18.
