Wednesday, September 30, 2009

Market Report for 30th sept 2009

Wall Street ends lower; Dow down 47 points
Nikkei starts flat, yen supports but Toyota slips
US stocks down on slipping consumer confidence

L&T to mop up $600 mn from institutions
Bharati, ABG may get Sebi nod for Great Offshore offer soon
Ashtavinayak gets board nod to raise Rs 721 cr
FT to raise Rs 1,500 crore
IDBI slashes rates for auto, home loans
Jet to sell land in Mumbai to raise Rs 1,000 cr
Selloff plan set to be ready by Monday
Three realty firms file DRHP; may raise Rs 10,000 cr
Mercator finally toes the line on ship registration abroad
Raids on Temptation Foods offices for alleged tax evasion
MindTree in $6 mn deal for Kyocera’s Indian subsidiary
MMTC blames Tata Steel for delay in developing coal block

India Cements investing Rs 500 cr in 2 power plants

SIngapore Nifty is trading at 4,993.0 down by 3.0 points.

Performance for 29th Sept 2009

BUY RIL AT 2176 MADE A HIGH OF 2181.6


BUY SBI AT 2162 MADE A HIGH OF 2167

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Tuesday, September 29, 2009

Market Report for 29th Sept 2009

Asian markets gain on US cues
US markets edge up on M&A deals
Nikkei rises 0.8 pc on exporters after sell-off

2 US acquisitions in 3 months and Lupin scouts for more
Gujarat Foils to invest Rs 350 cr in backward integration
NEPC to invest Rs 2,000 crore
Spice exports decline 10% in April-August
Castor prices slide as farmers offload old stock
Coking coal prices may touch $200/tn in 2010-11
MTS to launch high-speed internet services soon
Vijaya Bank looking at Rs 5,000 crore from NRI accounts
Murugappa to buy 37.5% DBS stake
India may attract $5 bn in Nelp-8: oil regulator
Tata Power scouts for coal blocks abroad



Singapore Nifty is trading at 5,002.5 up by 42.5 points.


View:- Sell Sesagoa below 248 for a tgt of 240.Sl 252.

Performance for 25th Sept 2009

BUY MARUTI GIVEN AT 1660 MADE A HIGH OF 1674



BUY M&M AT 882 MADE A HIGH OF 883.9


TO RECEIVE CALLS ADD profitwithphoenix1@yahoo.com


Calls are free.

IF YOU WISH TO RECEIVE CALLS ON SMS write to us.SMS SERVICE IS CHARGED AT 100 Rs A MONTH.

Friday, September 25, 2009

Market Report 25th sept 2009

Asian markets drop in early trades
US markets slip on weak data, stimulus worries

BSNL, MTNL cagey on tie-up with Vavasi for Zain stake
TechM, IBM, TCS in race for $400-mn Sistema deal
New tax may push up cost of non-life cover
Govt mulls public offer for SAIL
Saif III Mauritius offloads 4.37% stake in MindTree
Delivery-based volumes on BSE shot up
TVS to go ahead with sales of Flame
Adani group eyeing 100 mt port
Wabco-TVS to tap new export mkts
Modi Tyres, Continental revive collaboration talks
RIL, NTPC sign gas supply deal for three units
Nalco to hold minority stake in NPCIL venture
Punters make a killing in forex market with prior QIP funds info

Inflation rises to 0.37% on food surge


GE deal to stay with Mahindra Satyam for 3 yrs
Reliance Infratel files IPO papers with SEBI
L&T expects to improve 25% order growth forecast
Maruti to relaunch SX4 with new engine, facelift
RIL stops gas supply to ADAG firm, latter lashes out


Singaopore NIfty is trading at 4,941.5 down by 60.5 points.

Performance for 24th sept 2009

SELL MARUTI AT 1636 MADE A LOW OF 1612


SELL DLF AT 412 MADE A LOW OF 409.3


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Thursday, September 24, 2009

Market Report For 24th Spet 2009

FIIs net sellers Rs 1,175.98 cr in F&O on Wednesday
Most Asian Stock Markets Fall on Drop in Commodity Prices
US markets slip on stimulus withdrawal worries

No formal request by MTN for dual listing yet: Govt
Oil drops nearly 4 percent on surprise US stock build
UCO Bank seeks govt nod for Rs135cr FPO
TCS bags APSwan project
Federal Bank up on merger talk
Expect pay hikes and promotions, Infosys tells employees
Wipro looks to sell French unit as employee protests mount
3i Infotech QIP issue fetches Rs 318 crore
Cipla mops up Rs 671 cr through QIP
Suzlon Energy promoters raise Rs 678 cr from 4.5% stake sale


Singapore Nifty is trading at 4,922.5 down by 44.0 points.


View :- Sell BankNifty below 8353 For a target of 8286 SL 8390