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Hedge Equities is bullish on Amara Raja Batteries and has recommended buy rating on the stock with a target of Rs 197 in its February 19, 2011 research report.
Reliance Infrastructure was the top gainer on the Sensex. It touched an intraday high of Rs 688 and an intraday low of Rs 617. At 12:12 hrs the share was quoting at Rs 670.50, up Rs 48.60, or 7.81%.
Oberoi Realty is in advanced talks with HDIL for TDR purchase, reports CNBC-TV18. It touched an intraday high of Rs 238 and an intraday low of Rs 231.25. At 12:08 hrs the share was quoting at Rs 232, up Rs 2.30, or 1%.
The benchmark Sensex was directionless today and was hovering just around its previous closing value at 12:06 hours, ahead of expiry tomorrow and budget on Monday.
Anagram Research is bullish on Ipca Laboratories and has recommended buy rating on the stock with a target of Rs 361 in its research report.
Now that budget 2011 will soon be upon us, tax gurus have been laying down their list of expectations. Where, on one hand, corporate tax lawyer HP Ranina believes the settlement scheme may be widened and excise duty may be rolled back this budget, Dinesh Kanabar deputy CEO and chairman, tax at KPMG says there is a need to abolish surcharge.
Budget 2010-11 is round the corner. In the last year's budget announcement, some significant changes were made to the taxation of insurance and saving instruments.
RBI places Draft Guidelines on Introduction of CDS for Corporate Bonds for Public Comments
Anil Ambani met Maharashtra Chief Minister Prithviraj Chavan in the backdrop of reports that the Maharashtra State Road Development Corporation (MSRDC) was mulling a coastal road from Worli to Haji Ali and from Haji Ali to Nariman Point.
Liquidity Adjustment Facility : Auction Results
According to IIFL, traders can sell Union Bank Futures below Rs 333 with stop loss of Rs 339 for target of Rs 321, in its February 22, 2011 research report.
Present in 80% of the country's market, the company will have its footprint in all districts of the country in the next three-months, Gupta said.
Angel Broking has maintained neutral rating on Nestle India, in its February 21, 2011 research report.
According to IIFL, traders can sell Gujarat Mineral Development Corporation (GMDC) Future below Rs 112 with stop loss of Rs 115 for target of Rs 106, in its February 23, 2011 research report.
Angel Broking is bullish on Reliance Industries (RIL) and has recommended buy rating on the stock with a target of Rs 1160 in its February 21, 2011 research report.
Mammography is less accurate at spotting breast cancer if a woman has had the disease before, according to a US government-funded study.
According to IIFL, traders can sell ITC Future in the range of Rs 158.5-159.5 with stop loss of Rs 162 for target of Rs 151, in its February 23, 2011 research report.
MindTree Ltd said on Wednesday it has won two orders worth more than $70 million over the next five years, sending the mid-sized IT services firm's shares up more than 10%.
Equity benchmarks were lacklustre in trade and were moving in a narrow range ahead of expiry tomorrow and budget next week at 10:51 hours. The Nifty was in a range of 5460-5490 since early trade.
Aditya Birla Money is bullish on Bank of India and has recommended buy rating on the stock with a target of Rs 500 in its February 22, 2011 research report.
Aditya Birla Money is bullish on HDFC Bank and has recommended buy rating on the stock with a target of Rs 2250 in its February 22, 2011 research report.
Private equity firm Milestone Capital has withdrawn its draft red herring prospectus, which it had filed with SEBI for its initial public offering.
Fineotex Chemical's (FCL) initial public offering of 42,11,160 equity shares for cash at a premium by 100% book building route has opened for subscription today.
KRChoksey has maintained hold rating on Nestle India with a target of Rs 3780 in its February 22, 2011 research report.
April crude oil surged 6% at USD 95.32 per barrel. It gained nearly 15% in last 2 days. Currently it is trading at USD 95.47 per barrel.
