Nifty may correct up to 5245-5186: Angel Broking
According to a report by Angel Broking, if Nifty trades below 5292 levels for the first half-an-hour of trade then it may correct up to 5245-5186 levels.
Ganeshaspeaks: Market prediction for Feb 28
Right from 1947 till 2010 various governments have presented 80 budgets. This is the 81st budget session.
Elizabeth Taylor spends 79th birthday in hospital
Two-time Oscar winner Elizabeth Taylor is cheering for 'The King's Speech' to win the Academy Award for best film on Sunday, her 79th birthday, from a hospital where she remains in treatment for heart problems.
Curtain rises on Oscars, Leo an early winner
The curtain rose on the Oscars on Sunday as show hosts James Franco and Anne Hathaway kept audiences laughing and an early award for supporting actress went to Melissa Leo in 'The Fighter.'
India and England tie up an all-time classic
The World Cup caught fire on Sunday when co-hosts India and England shared a tie in one of the most thrilling matches ever seen after a record-breaking 676-run slug-fest went down to the last ball.
Nifty can test 5177: Gaba
Technically the market is still weak we have now a budget week ahead of us and we may see a lot volatility and if we see an up move then we could find stiff resistance near 5450 zones but on the downside if the weakness continues then 5177 could also be tested.
Support for Nifty at 5242-5118: Gaba
The support for the Nifty is at 5242-5118 and resistance at 5340-5450.
Support of 17295 must be held: Vasudeo
BSE Mid Cap has support at 6182. A further fall below 6180 will take the momentum on the downside. Resistance is placed at 6669-6883.
Motorola sues TiVo over DVR technology
Motorola Mobility sued TiVo Inc for infringing its patents for digital video recorders (DVRs).
3M CEO blasts Obama as anti-business
The chief executive of diversified manufacturer 3M Co called US President Barack Obama anti-business in an interview with the Financial Times, arguing that manufacturers could move to Canada or Mexico as a result.
Oil rises, Asian shares dip on Libya worries
London crude prices rose by more than USD 1 and Asian shares edged lower on Monday, as the worsening situation in Libya stirred renewed concern about disruptions to oil production.
Penis graffiti dropped from Russian competition
A painting of a large penis on a bridge in Russia's second city St Petersburg has been dropped from the shortlist for an art prize, the organisers said.
'Toy Story 3' wins Oscar for animated feature
'Toy Story 3' won the Oscar for animated feature on Sunday, becoming the fourth Pixar release to win the category in as many years.
Melissa Leo wins Oscar for 'The Fighter'
Melissa Leo won the Academy Award on Sunday for her supporting role in 'The Fighter,' a movie that propelled the 50-year-old actress into the mainstream for the first time in her career.
Hollywood's women wear red and sparkle to Oscars
The women of Hollywood returned to razzle dazzle with an array of red, silver and sparkling gowns on the Oscars red carpet on Sunday, in contrast to more somber ensembles in vogue the past few years.
Nikkei drops 0.5% on stronger oil prices, yen
Japan's Nikkei average dropped 0.5% on Monday as instability in Libya pushed US crude prices higher and stoked safe-haven demand for yen, pressuring shares of exporters.
Nifty likely to witness resistance at 5375: Bhambwani
The coming session is likely to witness a resistance at 5375 on advances above which the 5425 maybe tested. Support is likely at the 5250 below which the 5200 maybe tested.
F&O cues: Total Futures Open Int up Rs 6518 cr
F&O cues: Total Futures Open Int up Rs 6518 crore and Total Options Open Int up Rs 527 crore.
Market cues: FIIs net sell $496 mn
Market cues: FIIs net sell USD 496 million in the cash market on Feb 24 .
Global mkts gain as oil price volatility settles down
Global markets gained as oil price volatility settled down, but headline risk related to Middle East and North Africa region remained on Friday
Asian markets trading weak; Hang Seng, Nikkei down
At 7: 38 am (IST), Asian markets were trading weak. China's Shanghai Composite shed 0.39% or 11.25 points at 2,867.31. Hong Kong's Hang Seng fell 0.49% or 112.22 points at 22,900.15. Japan's Nikkei declined 0.62% or 65.07 points at 10,461.69. Singapore's Straits Times was down 0.89% or 26.90 points at 2,998.26.
Budget 2011: Focus areas today
The Finance Minister Pranab Mukherjee will present the Union Budget 2011 today. He has a tough role to play as the country is reeling under inflation and high crude price has been a dampener. The major focus areas of the budget are likely to be:
Budget 2011: Excise duty likely to be in focus today
The government is likely to increase excise duty by 2% in sectors like FMCG and automobiles. Brokerages and experts are expecting that service tax in the auto sector is likely to be hiked to 12% from the current level of 10%.
Oil spike may drive Fed, ECB split
The US Federal Reserve and European Central Bank may go their separate ways if Middle East unrest provokes a sustained, inflationary oil price spike.
Buffett enthusiasm for US could boost markets
Warren Buffett is going long on America, and investors are likely to take note when markets open on Monday.
