Thursday, April 23, 2009

Market Outlook 23rd April 2009

The market may have flat to negative opening today. Nifty has supports at 3250- 3300 and resistances are at 3400-3440. The market is expected to remain volatile.
Yes Bank Q4 net profit rises 24%
Fund Action witnessed in Jubilant Organsosys, Rolta
47 of 50 excluded F&O stocks end negative
HDFC Bank Q4 net seen up 30.54% at Rs 615 cr
Reliance Industrial Infra Q4 net profit at Rs 6.46 cr
Idea Q4 net profit seen up 2.6% to Rs 262.7 cr
Axis Bank to start search for two senior executives
Mahindra Finance Q4 PAT up by 43% at Rs 108cr
Satyam will recover its lost glory by Dec:
CLB ChiefCan Fin Homes net down 4.5%
Supreme Petrochem Q3 Net profit up by 462%
R-Power surges on Sasan funding
Everest Kanto acquires majority stake in CC&L
Era Infra registers revenues at Rs 952.58 cr; up by 52.40%

Reco: Accumulate Hero Honda, target of Rs 1209: P Lilladher
Hold Hero Honda, target of Rs 1192: KRChoksey