Tuesday, April 13, 2010

Market Report for 13th April 2010

US budget deficit narrows to $ 65bn in March
Nikkei slips, led down by chip-linked shares
Industrial output up 15.1%

IVRCL A&H eyes Rs 20k crore assets
BSFL to raise Rs 75 cr via NCDs
MFs record Rs 83,081 cr net inflow in FY10
IFC likely to invest $15 mn in Mumbai PE fund
DCB promoters get time till 2014 to reduce stake
Ban on sale of Ulips lifted
New season tea hits market; costlier by Rs 20-30 a kg
Rolta acquires US-based OneGIS
Bharti raises about Rs 10K cr from banks for 3G: Sources
Input costs may hit Tata Steel output, profit in European ops
RCom plans live chat service for data customers.


View:- Market may open on a flat note.

Sell Nifty below 5308(SPOT) for a tgt of 5290/5276.
Sell Sesagoa below 446 tgt 440/436
sell Bharti below 304 tgt 298/296