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KRChoksey is bullish on Mukand and has recommended buy rating on the stock with a target of Rs 74 in its January 6, 2011 research report.
Anup Maheshwari, Executive Vice President & Head of Equities, DSP Blackrock Investment Managers is underweight on the auto sector.
Sesa Goa was the top loser on the Nifty. It touched an intraday high of Rs 342.90 and an intraday low of Rs 330.30. At 10:55 hrs the share was quoting at Rs 331.85, down Rs 12.35, or 3.59%.
Kotak Mahindra Bank has launched a long/short hedge fund, a source with direct knowledge of the matter said on Friday, aiming to capture the upside in Indian shares and cut the downside by moving between sectors, and use of derivatives and cash calls.
Omnitech Infosolutions is looking to raise around Rs 67 crore through QIP over the next 6 months, reports The Economic Times. It touched an intraday high of Rs 205.30 and an intraday low of Rs 194.20. At 10:38 hrs the share was quoting at Rs 195.00, down Rs 5.85, or 2.91%.
At 10:39 hours IST - equity benchmarks extended losses today, led by fall in auto, metal, capital goods, cement and financial companies' shares along with heavyweights Reliance Industries, HUL and Bharti Airtel. The Sensex broke 20100 level while the Nifty was slipping towards 6000 level.
Steel Authority of India (SAIL) FPO is likely to open on February 8, reports CNBC-TV18. It touched an intraday high of Rs 185.50 and an intraday low of Rs 180.65. At 10:36 hrs the share was quoting at Rs 180.80, down Rs 3.95, or 2.14%.
Sajjan Jindal’s Ispat deal is the biggest consolidation move in the Indian steel industry. His next challenge: Make the company profitable in a year
At first sight the A-star automatic seemed very refreshing. No, I hadn’t stepped inside yet but there was something about the zany, green dealer graphics that reminded me of a certain lemony soap brand commercial, more famous for their green-bikini clad women gyrating under waterfalls rather than the soap itself.
Yup, the one thing we loved about the X5 was its dynamics, for a SUV that looked like a small elephant and weighed just as much, the X5 went around corners quicker than a mongoose after a snake. So to think that BMW could improve the X5 would certainly mean one of two things.
The last round of the 2010 INRC calendar came to an end in Kerala after the previous four rounds. The Rally of Kerala saw last year’s INRC champion, Gaurav Gill claim victory. Three out of four stages were held on day one while eight stages were run on the second day.
A delighted Oprah Winfrey said on Thursday she had gone from scared to excited about the gamble of launching her new OWN cable television network.
BlackBerry-maker Research In Motion wants 18-24 months to address security concerns raised by Indian agencies who have been demanding access to its corporate email services, two newspapers reported on Friday.
BNP Paribas on Friday raised its rating on Reliance Communications, India's second-largest mobile operator, to buy from reduce, saying the company's valuation was below the replacement cost of assets.
Steel Authority of India's follow-on public offering (FPO) will hit the market next month, the Disinvestment Secretary, Mr Sumit Bose, has said.
Reliance Infrastructure promoters are going to hike stake to 48% by converting warrants issued to them in July 09, reports The Economic Times. It touched an intraday high of Rs 870.40 and an intraday low of Rs 862.10. At 09:39 hrs the share was quoting at Rs 869.50, up Rs 10, or 1.16%.
Godrej Consumer Products touched an intraday high of Rs 402.80 and an intraday low of Rs 397. At 09:34 hrs the share was quoting at Rs 401, up Rs 6.85, or 1.74%.
The Zood is quite a funny name to give a product, but this tablet does have seemingly big capabilities.
Expensive real estate markets are due for a correction but prudent investors will find plenty of opportunities in premium and redevelopment projects.
An investment in fine wine could roll in the good times in more ways than one.
India’s poorest state has been posting impressive GDP growth. But the figures may need sharper scrutiny
Mergers and acquisitions in the medical beauty sector will pick up as more people, mainly women, aspire to keep youthful looks, said the scientific director of IMCAS, a group of plastic surgeons and dermatologists.
Australia's flood-stricken coal industry may face months of disruptions as reports emerge of key rail and road links being washed away, while some infrastructure may take years to repair, authorities said on Friday.
The rupee is expected to open marginally weaker on Friday tracking sharp losses in the euro, but trading should be largely rangebound ahead of US non-farm payrolls data due at 1230 GMT.
Narain Karthikeyan, Indias first Formula 1 driver has secured a race seat with Hispania Racing Team for the 2011 F1 season. Indian Motorsport fans have a reason to cheer and will be looking forward to see the fastest Indian on the grid of the inaugural Indian Grand Prix in New Delhi.
