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Thursday, September 03, 2009
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RECOMMENDATION: Balaji Telefilms (Rs 66.3): Buy
We recommend a buy in Balaji Telefilms from a short-term perspective. It is evident from the charts that in mid-July it took support around Rs 40 and resumed its intermediate-term uptrend, which has been in place since March low of Rs ...

RECOMMENDATION: Day Trading Guide
Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be ...

PERFORMANCE: Funds’ asset base swells 8.7% in August
Larger inflows in debt-liquid, ultra short-term funds. Mumbai, Sept 2 The mutual fund industry has seen an 8.7 per cent increase in the asset base for the month of August, against an increase of 2.8 per cent in July, largely due to significant ...

BUYBACK: Vivimed Labs buys back FCCBs worth $12.5 m
Hyderabad, Sept. 2 Vivimed Labs Ltd bought back and cancelled Foreign Currency Convertible Bonds (FCCBs) worth ...

OPEN OFFERS: IL&FS makes open offer at Rs 112.8/share for Maytas Infra stake
Hyderabad, Sept. 2 IL&FS has fixed Rs 112.80 a share as the price for the open offer to acquire 20 per cent additional stake in Maytas Infra ...

COMMODITY EXCHANGES: MCX divestment deadline pushed to 2010
Mumbai, Sept. 2 MCX Stock Exchange (MCX-SX) announced on Wednesday that it has received a one-year extension from SEBI to complete its divestment ...

IPOS: OIL confident of good IPO show
Hyderabad, Sept. 2 OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue ...

STOCK MARKETS: Suzlon adds 78 lakh shares in open interest
Chennai, Sept 2 Turnover remained moderate at Rs 63,847 crore in the F&O segment on Wednesday. The Nifty futures ended in premium at 4,614.45 against the spot close of 4,608.35 but it shed 2.04 lakh shares in ...

STOCKS: Large-size orders beneficial to Pratibha
Pratibha Industries has belied fears of a slow down in order inflows by bagging a spate of large-sized projects in recent ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Sept 2)
Nifty (at close)4,608.35(-17)
US Dollar (Buy/Sell)48.96/97
Brent crude (a bbl) Rs3,361
Gold (a gram) Rs1,418
Silver (a kg) Rs25,630

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