Indian Share Market Trend and Outlook Today

Securities in Ban For Trade Date 30-August-20121 COREEDUTEC2 MCDOWELL-N3 MTNL4 ONMOBILE INDIAN SHARE MARKET NEWS TODAY :-The Authority for Advance Ruling has ruled that the USD 125 million-class action suit settlement done by Mahindra Satyam (formerly Satyam Computer Services Limited ) is taxable. SKS Microfinance has allotted 44.5 lakh shares on preferential basis to Kumaon Investment Holdings. As per the details of the acquisition, Kumaon Investment Holdings will acquire 44.5 lakh shares carrying voting rights equivalent to 4.11 per cent, SKS said. Fitch downgraded ...

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Indian Share Market Trend - NSE|BSE

Share intraday tips :Buy Maruti Suzuki India Ltd below 1180.00, target 1192.00 for IntradayBuy Grasim Industries AUG Futures in the range of 3040-3045Buy Housing Development & Infrastructure Ltd below 74.00, target 75.20 for IntradayNifty Breaks its Crucial Support :Today on Tuesday 28 August, BSE Sensex and Nifty drifted further lower amid increased volatility. Indian Share Markets are expected to be choppy ahead of the derivatives expiry later this week.At 10.40 a.m., the Sensex traded 25 points or 0.14 per cent lower at 17,653 while the broader Nifty index was down 11 points to ...

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Trading Strategy and Market Outlook

Indian Share Market falls down with some stocks like "Bharti Airtel" showing 4- year low. Almost every sector closed negative.Why Bharti Airtel shares have hit a 4-year low?Following are the answers for the same :- Bharti Airtel fell as much as 3.44 per cent to its lowest intraday level since October 2008 today. 1) Credit Suisse has become the latest brokerage to downgrade Bharti Airtel. 2) On Tuesday, Morgan Stanley had downgraded Bharti Airtel to "equal-weight" from "overweight" and cut its target price by nearly 25 per cent to Rs 280. 3) Pressure ...

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Reliance Ind Shares Risen Up : 5 Month High

Reliance Industries shares were among the top gainers on the Nifty index Thursday as a report by global brokerage Goldman Sachs said it can potentially become a $100 billion stock in four years. Reliance, the most valuable Indian firm in terms of market capitalisation, is currently valued at around $47 billion.The stock traded 2.6 per cent higher at Rs 820.40 on the NSE to hit a 5-month high. The BSE Sensex and the Nifty index bounced back from the day's low on the back of the outperformance in the stock. Goldman said Reliance needs to get government approvals on investments and gas prices, restrict ...

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Indian Share Market Trend : BSE

BSE may list shares in first half of 2013 One of the country’s premier stock exchanges, Bombay Stock Exchange, has set up a working committee to process its proposed initial public offering (IPO). According to Ashishkumar Chauhan, Interim CEO of the "cash-rich" Exchange, said the committee is in the process of preparing a red herring prospectus and fine tuning other formalities. “The company may get listed in the first or second quarter of calendar 2013,” he said. According to him, the idea of IPO is to give an exit route for its existing investors, rather than mobilising funds, and hence “it ...

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Realiance Look Cheap : Market Updates

We saw a big spike up in RIL yesterday, there is no clear cut explanation or something which can be given as a reason for the same, but i think the combination of factors made that move possible. One was the KG basin talk. Secondly, the refining margins like the product margins have also moved up sharply over the last few weeks. So, some analysts are becoming more bullish on refining margins for this quarter.Overall, the stock continues to be cheap. However, I think the triggers are still lacking in terms of creating a longer term bigger upmove because the production in KG basin is still falling. ...

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Free Share Tips : Indian Share Market

Today the Indian Share Market opened on a very weak and negative basis. At 9:28am (IST), the BSE Sensex was at 17,264, up 28 points over the previous close. It had earlier touched a day’s high of 17,264 and day's low of 17,200. It opened at 17,244. The NSE Nifty was quoting at 5,236 up 7  point sover the previous close. It had earlier touched a day’s high of 5,236 and a day’s low of 5214. It had opened at 5220. Indian Shares to Trade in Today 1 August :- SBI: Buy with a target of 2200 and a stop loss of 1929.4. Cipla: Buy with a target of 360 and a stop loss of 328.4. ITC: Sell ...

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