Indian Stock Market may open flat to positive and remains volatile. A positive closing with small rally expected today.
Today's Intraday Stock Tips/ Trading Calls:
SATYAM COMPUTER
VOLTAS
UNITECH
YES BANK
IDEA
RPL
For Levels and Targets CLICK HERE.
Others: Neyveli Lignite & Mercator Lines may see good rally.
Short-Med Term Delivery Buy Prajay Engineers 531746 (148) Target 190+ SL Below 135
Short-Med Term Delivery Buy Prajay Engineers 531746 (148) Target 190+ SL Below 135
Short Term Delivery Buy Indiabulls Securities 532960 (95) Target 125+ SL Below 86
Corporate News
Pfizer may counter bid for 65% non-promoter stake in Ranbaxy. (BS)
Reliance Industries to sell natural gas this year at US$25.20/barrel of crude oil equivalent. (FE)
L&T has postponed listing of its infotech business to the second half of 2009-10. (ET)
Wipro is bidding for 12 contracts worth US$1.2bn. (BL)
NMDC may increase iron ore prices by 65% for lumps and 88% for fines. (BL)
West Bengal government to offer 25 acres of land near Kolkata Airport to ICICI Bank. (ET)
L&T will invest US$6bn in the power generation business over the next five years. (DNA)
Sanofi-Aventis sues Sun Pharma for infringement of a US patent for Uroxatral. (DNA)
Videocon Group to set-up a solar power plant in West Bengal. (DNA)
IOC plans to set-up mini liquefaction plants to source gas from the marginal fields. (BL)
Oil India plans to launch IPO by September 2008. (DNA)
ADAG Group pulls out of Mumbai sea-link project citing state government’s indecisiveness over awarding the contract. (BS)
PNB receives not from RBI for 51% stake in Bhutan venture. (BL)
IFCI allows LIC to pare its stake to 8.39%. (BL)
Jet Airways has pulled out of negotiations to buy a strategic stake in SpiceJet. (BS)
Moody’s assign Baa3 rating to Tata Chemicals. (FE)
GMR Group forays into security services training academy in Andhra Pradesh. (BS)
Mercator Lines is planning to acquire a jack-up rig with an investment of Rs15bn. (ET)
Central Bank plans to raise Rs15bn from the market by December. (ET)
PSL wins an order from GAIL for supply of coated line pipes valued at Rs19.28bn. (BL)
Educomp to implement computer-aided learning in select schools in Andhra Pradesh. (BL)
SpiceJet expects to report a loss of Rs0.8-1bn in the current year. (BL)
Welspun Group plans to start an e-commerce portal in US to expand its customer base. (BS)
ABG Shipyard bags two orders worth Rs3.05bn. (ET)
Spentex Industries to further reduce workforce over the next six months to cut cost. (DNA)
Pfizer may counter bid for 65% non-promoter stake in Ranbaxy. (BS)
Reliance Industries to sell natural gas this year at US$25.20/barrel of crude oil equivalent. (FE)
L&T has postponed listing of its infotech business to the second half of 2009-10. (ET)
Wipro is bidding for 12 contracts worth US$1.2bn. (BL)
NMDC may increase iron ore prices by 65% for lumps and 88% for fines. (BL)
West Bengal government to offer 25 acres of land near Kolkata Airport to ICICI Bank. (ET)
L&T will invest US$6bn in the power generation business over the next five years. (DNA)
Sanofi-Aventis sues Sun Pharma for infringement of a US patent for Uroxatral. (DNA)
Videocon Group to set-up a solar power plant in West Bengal. (DNA)
IOC plans to set-up mini liquefaction plants to source gas from the marginal fields. (BL)
Oil India plans to launch IPO by September 2008. (DNA)
ADAG Group pulls out of Mumbai sea-link project citing state government’s indecisiveness over awarding the contract. (BS)
PNB receives not from RBI for 51% stake in Bhutan venture. (BL)
IFCI allows LIC to pare its stake to 8.39%. (BL)
Jet Airways has pulled out of negotiations to buy a strategic stake in SpiceJet. (BS)
Moody’s assign Baa3 rating to Tata Chemicals. (FE)
GMR Group forays into security services training academy in Andhra Pradesh. (BS)
Mercator Lines is planning to acquire a jack-up rig with an investment of Rs15bn. (ET)
Central Bank plans to raise Rs15bn from the market by December. (ET)
PSL wins an order from GAIL for supply of coated line pipes valued at Rs19.28bn. (BL)
Educomp to implement computer-aided learning in select schools in Andhra Pradesh. (BL)
SpiceJet expects to report a loss of Rs0.8-1bn in the current year. (BL)
Welspun Group plans to start an e-commerce portal in US to expand its customer base. (BS)
ABG Shipyard bags two orders worth Rs3.05bn. (ET)
Spentex Industries to further reduce workforce over the next six months to cut cost. (DNA)
Good Luck
