Market Round Up

May this New Year bring many opportunities your way,to explore every joy of life and may your resolutions for the days ahead stay firm, turning all your dreams into reality and all your efforts into great achievements. Happy New Year ...!! - Market Round Up -The market has had quite a rollercoaster ride in the last couple of years. After hitting all-time highs in January 2008, the market came crashing down like a pack of cards in the wake of the western financial storm and the subsequent economic downturn. The Sensex lost more than 50% as FIIs pulled out US$13bn. The meltdown continued into the initial months of 2009 as well with no signs of stability in the western banking sector. The key indices touched new lows in early March before rebounding...

Read more »

STOCK BEEPS 31/12/2009 :

US Markets ended flat.Dow Jones ended up 3 points and Nasdaq ended up 3 point Europe markets ended negative -Asian markets trading positive. Expect Indian Markets to open positive and volatile due to expiry date. Nifty: SUP 5133-5112 Res 5215-5237 INTRADAY: BUY OFSS TGT 2350 SL 2312; BUY EMKAYGLOBAL TGT 89 SL 80; BUY TINPLATE TGT 90 SL 81 BUY SURYAROSHNI TARGET 70  SL 62 BUY IDBI TARGET 132 SL 124 BUY ORIENT BANK TARGET 260 SL 252 BUY KFA TARGET 64 SL 60 STOCK BEEPS 31/12/2009 : -IT shares in demand after encouraging US economic data -Himadri Chemical Board meets today to consider fund raising -Radico Khaitan in high spirits as Diageo gets nod to raise stake in JV -Lloyds Steel Board meets today to issue of warrants to promoters -Punjab & Haryana HC dismisses scheme of arrangement...

Read more »

INTRADAY OUTLOOK 24/12/09

INTRADAY OUTLOOKUS Markets ended flat.Dow Jones ended up 2 points and Nasdaq ended up17 pointsEurope markets ended positive.Asian markets trading positive.Expect Indian Markets to open flat.Nifty: (5145) Support is at 5113-5074 and Resistance is at 5182-5225INTRADAY BEEPSBUY BHEL TARGET 2410 SL 2355BUY USHA MARTIN TARGET 85 SL 77BUY PRAJ IND TARGET 107 SL 99BUY HIND PETRO TARGET 400 SL 388BUY McLEOD RUSS TARGET 270  SL 257BUY POLARIS TARGET 188 SL 179BUY OMNITECH TARGET 160 SL 151BUY 3iINFOTECH TARGET 97 SL 90BUY SUBEX TARGET 99 SL 92STOCK BEEPS-Mcleod Russel to acquire Rwenzori Tea, Uganda for $25 million-RoC (Registrars of Companies) seeks MCA (Ministry of Corporate Affairs) nod to inspect  India Infoline & India Infoline Investment Services-Videocon Industries firmly in the...

Read more »

Mkt outlook 23/12

INTRADAY OUTLOOK US Markets ended higheron +ve home sales data; S&P hits 52-wk high.Dow Jones ended up 51 points and Nasdaq ended up 15 points Europe markets ended positive Asian markets trading positive. Expect Indian Markets to open flat and trade rangebound. Nifty: (4986) Support is at 4944-4917 and Resistance is at 5033-5062 INTRADAY BEEPS BUY GLENMARK TARGET 288 SL 274 BUY PTC INDIA TARGET 117 SL 109 BUY GMDC TARGET 149 SL 142 BUY UNION BANK TARGET 275 SL 264 BUY 3I INFOTECH TARGET 94 SL 86 BUY YES BANK TARGET 268 SL 257 BUY IDEA TARGET 64 SL 56 BUY IDBI TARGET 129 SL 122 STOCK BEEPS -Bharati receives 1.02 crore shares in Great Offshore open offer -Board meets : Zee Entertainment and ETC Networks on restructuring -Reliance's Lyondell buy seen unlikely in 2009 -Max India board...

Read more »

STOCK BEEPS 22/12/2009

STOCK BEEPS 22/12/2009 -3G Auction to be conducted as per schedule; scheduled for January 14 -NSE may consider 9-5 trading in index futures -No circuit filter on Zandu Pharmaceuticals -Great Offshore open offer closes today -Ranbaxy in the pink of health after new drug launch in African countries -Indian ADR: Tata Communications down 5.5%, Wipro down 3.5%, Sterlite Industries down 3%, Satyam down 2.2% -Russian Billionaire Len Blavathik says RIL bid of LB too low -Golden Tobacco board approves developing its Vile Parle Property -Govt likely to ban FDI in tobacco -Wadhwa group buy LBS plot for Rs 570 crore from Hindustan Composite -CEAT speeds up on plan to hike stake in Lankan JV -TVS Motors plans 200cc Motorcycle -Ansal API plans to raise Rs 650 crore via QIP in February – FE (Management...

Read more »

NIFTY- FLAT OPEN. 21/12

WWW.BUZIBIZ.COM  NIFTY- FLAT OPEN. SUP-4949. WESTERN MARKETS WILL OPEN GREEN. SO, EXPECT 5010-5039 LEVELS. CRR HIKE WORRY WILL WEAKEN OUR MARKETS TIL TOMORO //====//  TECH STOCKS BULLISH. PATNI, SATYAM, MPHASIS WILL RISE 3-5% INTRADAY . ESAROIL, TRIVENI WILL RISE 5-10% IN FEW DAYS. /// == SEBI has asked govt to take action against RIL for allegedly routing funds to dummy companies for buying large quantity of its shares WWW.BUZIBIZ.COM @====================================@We started new yahoo groups and free msgr servicePlease join with BUZIBIZhttp://finance.groups.yahoo.com/group/purenifty/New Yahoo msgr ID : buzibiz@ymail.comwww.buzibiz.com@====================================@ @====================================@We started new yahoo groups and free msgr servicePlease...

Read more »

STOCK BEEPS 18/12

STOCK BEEPS -No circuit filter for D-link India today -KRBL board approves 1:10 stock split -IT officials verifying tax related documents of Omaxe -Maytas Infra says US Courts have no jurisdiction over it -Board meet: Pipavav Shipyard on general business activity -Bright Bros buy back offer at maximum Rs 50/share -Sona Koya eyes acquisition in aerospace -Bank of Baroda: FIIs can purchase in open market -Tata Motors Group global sales grew by 62% in November 2009 versus November 2008 -Egypt invites Tata Motors to build Nano plant -Aarey Drugs approves 2:1 rights issue at Rs 25 (cmp 44) -Kanoria Chemicals spurts on rights issue plan -Aurobindo Pharma recovers on US nod for a generic drug @====================================@We started new yahoo groups and free msgr servicePlease join with...

Read more »

STOCK BEEPS 17/12

STOCK BEEPS-NSE decided to advance trading hours by 55 minutes to 9:00 am starting Friday(18/12/2009)-Bharti to buy 70% stake in Warid(Bangladesh's 4th biggest Telcom) -KRBL board meet to consider stock split-Saamya Biotech board meet to consider issue of shares under GDR/QIP (CMP: Rs 10)-Ushdev International board meet to consider raising additional capital-Aarey Drugs board meet to consider raising of funds through Rights,Warrants, Debentures etc-Ex bonus: Jaiprakash Associates (1:2)-Shree Renuka - Balrampur negotiations off over difference in valuations-HCC bags Rs 317.92 crore road project in Kolkata to be completed in 30 months-Merger ratio between Titagarh Wagons and Titagarh steel fixed at 1:36-Kanoria Chemical board meet on December 19 to consider Rights Issue-Tata Motors, M&M...

Read more »

NIFTY-FLAT OPEN 17/12

NIFTY-FLAT OPEN. EUROPE MARKETS WILL WEAKEN OUR NIFTY AFTERNOON. SUP:5005-4971 RES:5072-5115 SELL-HPCL,BPCL 3-5% BUY-POLARIS, CAIRN 2-5%GAIN IFCI IN FUTURE & OPTION SEGMENT IS UNDER BAN.W.E.F. 17/12/2009. FRESH POSITION WILL ATTRACT PENALTY UNTIL MWPL OF THIS SCRIP GOES BELOW 80% @====================================@We started new yahoo groups and free msgr servicePlease join with BUZIBIZhttp://finance.groups.yahoo.com/group/purenifty/New Yahoo msgr ID : buzibiz@ymail.comwww.buzibiz.com@====================================@ ...

Read more »

INTRADAY OUTLOOK 07/12

INTRADAY OUTLOOKUS Markets ended positive on Friday.Dow Jones ended up 23 points andNasdaq ended up 21 points Europe markets ended positive. Asian marketstrading mixed. Expect Indian Markets to open flat and traderangebound.Nifty: (5109) the support for the Nifty is at 5080 - 5010 and theresistance to the up move is at 5157 -5181 STOCK BEEPS-3G auction scheduled to be completed by March  Says Raja-Bank of Rajasthan board approves QIP of Rs 250 crore-Edserv proposes to raise $500 million via ADR/GDR/FCCB-GVK Power buys 17% stake in BIAL from L&T for Rs 686 crore, ups itsstake to 29%-GMR to raise Rs 13,000 crore for power & road projects-Elantas Beck India delisting offer at floor price of Rs 219.10/share(CMP: 472)-Apcotex Ind buy back at maximum Rs 90/share (CMP: 80)-Tata Motors...

Read more »