Friday, April 24, 2009

Market Outlook 24th April 2009

The market may have flat to positive opening today. Nifty has supports at 3300- 3340 and resistances are at 3440-3500. Traders should buy on dips.
Nifty likely to witness range of 3500-3340: Bhambwani
Sensex can go up to 12300-12800: Hans Goetti
JK Tyres to invest Rs 270 cr in Mysore unit
GE Hitachi in talks with L&T for nuke plans
Crude at $49.22/bbl
GHCL says promoters didn’t sell any stake
US market end positive; ICICI Bank surge around 9.5%
Asian market mixed; Hang Seng up 61pts
Maharashtra Seamless Q4 net up 19% to Rs 64.63 cr
State Bank of Travancore Q4 net up 28.7 pc
Crude price fall hits RIL, Q4 net dips 1%

Retail re-entry: RIL plans to cover entire fuel value chain
Pyramid Saimira promoters, 228 others barred from market
RPower trebles net to Rs 244 cr
JK Tyre to invest Rs 270 crore in expanding capacity
LICHF posts 33% rise in net profit to Rs 158 crore
HDFC Bank Q4 net up 34% on high fee-based income
HDFC Bank Q4 net up 34% on high fee-based income
State Bank of Travancore Q4 net up 28.7 pc