BSE Sensex dips 0.2%; Infosys falls more than 3%
The BSE Sensex dropped 0.2% in early trade on Wednesday, hurt by lower than expected quarterly earnings from Infosys Technologies.
Rupee hits one and half week peak; retreats on share fall
The rupee touched one-and-half-week highs early on Thursday, boosted by overnight losses in the dollar, but soon retreated tracking weak domestic shares, which added to worries of more foreign fund withdrawals.
Malaysian badminton coach asked to reconsider resignation
Malaysian badminton coach asked to reconsider resignationThe Badminton Association of Malaysia (BAM) has urged national coach Misbun Sidek to reconsider his shock resignation for the sake of the country's Olympic prospects.
Accumulate Pfizer; target of Rs 1193: Emkay
Emkay Global Financial Services is bullish on Pfizer and has recommended accumulate rating on the stock with a target of Rs 1193 in its January 12, 2011 research report.
Buy ILandFS Trans; target of Rs 321: Asit C. Mehta
Asit C. Mehta is bullish on ILandFS Transportation Networks and has recommended buy rating on the stock with a target of Rs 321 in its January 12, 2011 research report.
Career Point in MoU with Gujarat govt; stock up 3%
Career Point Infosystems signed MoU with Gujarat govt to set up educational institutions, reports CNBC-TV18. It touched an intraday high of Rs 385 and an intraday low of Rs 365.15. At 11:20 hrs the share was quoting at Rs 373.05, up Rs 10.65, or 2.94%.
Buy Syndicate Bk; target of Rs 118-120: Aditya Birla Money
Aditya Birla Money is bullish on Syndicate Bank and has recommended buy rating on the stock with a target of Rs 118-120 in its January 13, 2011 research report.
IOC not hit by Iran crude payments row: Chairman
Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if there is any disruption to imports, the company's chairman said on Thursday.
Buy HPCL; target of Rs 420/435: Aditya Birla Money
Aditya Birla Money is bullish on Hindustan Petroleum Corporation (HPCL) and has recommended buy rating on the stock with a target of Rs 420/435 in its January 13, 2011 research report.
Sensex southbound amid volatility; TCS, ONGC, Wipro up
At 11:08 hours IST - equity benchmarks extended losses on the back of further sell-off in IT bellwether Infosys' shares followed by financial and healthcare companies' shares. NTPC, ITC, BHEL, Tata Steel, Hero Honda and Bharti Airtel also added more pressure on markets.
Buy Mah and Mah; target of Rs 880: Emkay
Emkay Global Financial Services is bullish on Mahindra and Mahindra and has recommended buy rating on the stock with a target of Rs 880 in its January 12, 2011 research report.
Ambuja Cements top gainer on Nifty
Ambuja Cements was the top gainer on the Nifty. It touched an intraday high of Rs 133.50 and an intraday low of Rs 129. At 10:55 hrs the share was quoting at Rs 133.20, up Rs 4.60, or 3.58%.
Infosys Technologies has support at Rs 3162: Anu Jain
Infosys Technologies has support at Rs 3162, says Anu Jain, IIFL Private Wealth Mgmt, IIFL.
Add Patni Computer Systems; target of Rs 484: IIFL
IIFL has recommended add rating on Patni Computer Systems with a target of Rs 484 in its January 11, 2011 research report.
Nikkei hits 8 month high on Wall St, easing euro zone fears
The Nikkei stock average rose to a fresh eight-month for a second straight day on Thursday, after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and US stocks.
Govt to ban exports of wheat products: Report
The government may ban wheat product exports in a series of measures to tame spiralling food prices that have fuelled rapid inflation and increased pressure on an embattled ruling Congress party, local media said.
Malaysians ready to honour Hindu god of war, fertility
To give thanks to a powerful god for blessing him with a longed-for daughter, Sharma Muthu will skewer his tongue with a spear for Malaysia's largest Hindu festival.
Suzlon Energy has support at Rs 51: Anu Jain
Suzlon Energy has support at Rs 51, says Anu Jain, IIFL Private Wealth Mgmt, IIFL.
Banking stocks may add 2%: Anu Jain
Banking stocks may add 2%, says Anu Jain, IIFL Private Wealth Mgmt, IIFL.
Humor from clowns linked to IVF success: Study
Is laughter the best medicine? Perhaps not always -- but it may help women who are trying to become pregnant through in-vitro fertilization (IVF), an Israeli study found.
Short Reliance Comm at Rs 145-148: Anu Jain
Short Reliance Communications at Rs 145-148, says Anu Jain, IIFL Private Wealth Mgmt, IIFL.
Buy HCL Technologies on dips: Anu Jain
Buy HCL Technologies on dips, says Anu Jain, Vice President, IIFL Private Wealth Management.
JPMorgan cut price target of SKS Micro by 21%; stk slips
SKS Microfinance touched an intraday high of Rs 651.55 and an intraday low of Rs 638.30. At 09:38 hrs the share was quoting at Rs 648, down Rs 3.60, or 0.55%. JPMorgan has reduced price target by 21% to Rs 550 and also cut EPS by 34/72/35% For FY11/12/13E, reports CNBC-TV18.
Bharti Airtel has target of Rs 362: Madan
Bharti Airtel has target of Rs 362, says Ashu Madan of Religare.
