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Ganesha warns you to maintain caution for one more day. From tomorrow the market may slowly catch an uptrend.
The coming session is likely to witness a resistance at the 5525 levels on advances. Support is likely at the 5375 below which the 5300 levels maybe seen. The wide range is due to the high base effect of Tuesdays intraday range.
Fund Action witnessed in Fortis Malar Hospitals, Network 18 Media & Investments and United Breweries Holdings.
The support for the Nifty is at 5300 and resistance at 5530-5620.
The wild popularity of Facebook and other social media sites has spawned a cottage industry of con artists promising average investors a chance to cash in on the frenzy through shares in the companies ahead of their initial public offerings.
Charlie Sheen on Tuesday added five new shows to the schedule of live performances he has mounted in the wake of being fired last week from his hit television program Two And A Half Men.
Oil exports to Japan from the Gulf region have been temporarily halted after an earthquake struck the world's third-largest oil consumer though order volumes are unchanged, Gulf officials told Reuters on Tuesday.
Following are travel warnings from several countries following Friday's devastating earthquake and tsunami in Japan, which damaged the Fukushima nuclear power plant, causing explosions and sending radiation into the air.
The Federal Reserve decided to leave its key rates unchanged at 0% to 0.25% range. The Fed has also decided to continue QE2 till the end of June.
US stocks fell 1% but ended far from session lows on Tuesday on the Federal Reserve's more upbeat economic view and growing sentiment that Japan's nuclear crisis would only temporarily depress shares.
Losses from the Japanese earthquake will reduce insurers' capital reserves, insurance brokers said on Tuesday, as sector shares continued their sharp declines on fears the disaster's size could grow.
Peet's Coffee & Tea Inc recently held talks with Starbucks Corp about a potential sale to the large coffee shop chain, CNBC reported, citing a DealReporter report.
A General Electric Co engineer said he resigned 35 years ago over concern about the safety of a nuclear reactor design used in the now crippled Fukushima Daiichi plant in Japan.
Manchester United's defensive injury problems mounted on Tuesday with Nemanja Vidic, John O'Shea and Rafael da Silva all suffering problems.
Global miner Rio Tinto has received acceptances for 30.6% of shares in its USD 3.9 billion takeover target Riversdale, it said on Wednesday, after increasing its offer for the Mozambique-focused coal miner last week.
Japan's Nikkei average rallied 4.4% on Wednesday after the worst two-day selloff since the 1987 crash, with some investors scooping up shares even as many fretted that a further deterioration in nuclear crisis could undermine the market.
A comprehensive settlement between US authorities and banks over alleged mortgage servicing abuses needs to be reached quickly to help the housing market heal, Treasury Secretary Timothy Geithner said on Tuesday.
Atlantic Basin liquefied natural gas producers that rushed fuel to Japan after a powerful earthquake in 2007 may be unable to provide rescue this time as a shipping shortage makes long voyages inviable.
Stirling Moss stifled a guffaw when asked about Michael Schumacher's chances of celebrating another race win, let alone an eighth Formula One crown, this season.
Teenage pop sensation Justin Bieber took time out from touring on Tuesday to visit the Madame Tussauds museum in London and pose next to a waxwork model of himself.
The markets are likely to remain weak in the run-up to the mid-quarter review of the credit policy and on recovery of oil prices from lows. The range for the 11-yr yield over the next few days is seen between 8-8.10%, says Ramanathan K, ING Invst Mgmt.
Nifty Futures added 11.4 lakh shares in OI and ended at 2 points discount as against premium of 22 points. Nifty Open Interest PCR was down at 1.30 versus 1.34.
The sentiment in the market is slightly better after yesterday's sharp sell-off. The rupee is still in a narrow range, it is likely to trade towards the lower end of the range today, says N Subramaniam, Pinnacle Forex.
Market cues: FIIs net buy USD 112.3 million in the cash market on Mar 14.
F&O cues: Total Futures Open Int down Rs 286 crore and Total Options Open Int down Rs 633 crore.
