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Showing posts from May, 2009

May 29th 2009 Stock Update ( IVRCL, Reliance Power, Bharti )

10:28 AM Friday , 29 May Reseach analyst Santosh Sahu recommends investors to buy Bharti Airtel Limited above Rs 815 with a stop-loss of Rs 760 for delivery target of Rs 174. Source : IRIS 09:19 AM Friday , 29 May Sell in the Tata Communications stock from a short-term trading perspective. Source : BUSINESS LINE 01:22 PM Thursday , 28 May Technical analyst, Kiran Jadhav advises investors to hold NIIT with target of Rs 80-85. Keep trailing stop-loss of Rs 45, he adds. It has good support at Rs 75, he says. Source : NDTV PROFIT 01:20 PM Thursday , 28 May Technical analyst, Ramesh Arora recommends investors to hold Reliance Communications with stop-loss of Rs 290. It has resistance at Rs 310 crossing which it can go up to Rs 340, he adds. Source : ZEE BUSINESS 01:18 PM Thursday , 28 May Hold Aurobindo Pharma with stop-loss of Rs 325, says PK Agarwal of Bonanza Portfolio. Medium-to-long term target for this stock is Rs 500, he adds. Source : ZEE BUSINESS 01:17 PM T

OCEAN BIG FISH ORACLE

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Strategic Acquisitions Through Our acquisition activities, Oracle seeks to strengthen its product offerings, accelerate innovation, meet customer demand more rapidly, and expand partner opportunities. An integral part of Oracle's Mergers and Acquisitions philosophy is our consistent commitment to customer service and product support while achieving our financial return objectives and creating value for our shareholders. APPLICATIONS TECHNOLOGY APPLICATIONS Enterprise PeopleSoft (January 2005) Siebel (January 2006)   Business Applications AppForge (April 2007) Global Knowledge Software (GKS) (July 2008) Haley (October 2008) LogicalApps (October 2007) Sigma Dynamics (August 2006) Telephony@Work (June 2006) TempoSoft (December 2005)   Retail 360Commerce (January 2006) Advanced Visual Technology (AVT) (October 2008) ProfitLogic (July 2005) Retek (April 2005)   Communi

Interview: Steve Ballmer

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  Source : http://d7.allthingsd.com/20090528/d7-interview-steve-ballmer/     "Search and advertising, we are a small share….It's all about Google. They have share, we don't have share." Microsoft CEO Steve Ballmer said that back in February , and according to the latest metrics from comScore (SCOR), it's as true today as it was then. Google (GOOG) grew its share of the search market once again in April, and once again, Microsoft (MSFT) did not. The search sovereign's share rose to 64.2 percent in April from 63.7 percent in March and 61.6 percent from a year ago, according to new data from comScore. Its April query volume grew 45.5 percent, the fastest growth rate since October 2007. Meanwhile, Microsoft's market share for the month topped out at 8.2 percent, down from 8.3 percent in March and 9.1 percent a year ago. They have share, we don't have share. Truer words. How much longer will Ballmer have to utter them? We may find out today when he

May 28th 2009 Stock Update ( Idea cellular, IVRCL, Reliance )

01:22 PM Thursday , 28 May Technical analyst, Kiran Jadhav advises investors to hold NIIT with target of Rs 80-85. Keep trailing stop-loss of Rs 45, he adds. It has good support at Rs 75, he says. Source : NDTV PROFIT 01:20 PM Thursday , 28 May Technical analyst, Ramesh Arora recommends investors to hold Reliance Communications with stop-loss of Rs 290. It has resistance at Rs 310 crossing which it can go up to Rs 340, he adds. Source : ZEE BUSINESS 01:18 PM Thursday , 28 May Hold Aurobindo Pharma with stop-loss of Rs 325, says PK Agarwal of Bonanza Portfolio. Medium-to-long term target for this stock is Rs 500, he adds. Source : ZEE BUSINESS 01:17 PM Thursday , 28 May Ashwani Gujral, technical analyst advises investors to hold Jindal Steel & Power with target of Rs 2,250. Keep stop-loss of Rs 1,950, he adds. Source : CNBC AWAAZ 12:46 PM Thursday , 28 May Buy Sintex Industries with intra-day target of Rs 235, says Anil Singhvi, market expert. Keep stop-loss of

May 27th 2009 Stock Update ( Hindalco, AIA, DLF )

02:41 PM Wednesday, 27 May MB Singh, technical analyst recommends investors to hold RNRL with targets of Rs 90 and then 110. Source : ZEE BUSINESS 02:39 PM Wednesday, 27 May Salil Sharma of Kapoor & Sharma Company advises investors to hold Praj Industries with a target of Rs 125 in four months. Source : ZEE BUSINESS 02:38 PM Wednesday, 27 May Husseini Wadharia of Techno Shares recommends investors to buy IOC with a target of Rs 595-615 and stop-loss of Rs 548. Source : CNBC AWAAZ 02:29 PM Wednesday, 27 May Salil Sharma of Kapoor & Sharma Company recommends investors to hold PTC with a target of Rs 110 in four months where one can exit and keep a stop-loss of Rs 78. Source : ZEE BUSINESS 02:11 PM Wednesday, 27 May Technical analyst, MB Singh recommends investors to buy Info Edge with a target of Rs 800-825 where one can book partial profits and keep a stop-loss of Rs 620. Source : ZEE BUSINESS 01:49 PM Wednesday, 27 May Salil Sharma of Kapoor & Sharm

May 26th stock update (IDEA CELLULAR, VIDEOCON, TATA POWER)

12:42 PM Tuesday , 26 May Technical analyst, Mitesh Thacker advises investors to buy Chambal Fertilisers with targets of Rs 75 and then 80 in the short term. Source : CNBC TV18 12:34 PM Tuesday , 26 May Nitin Murarka of SMC Global advises investors to buy Berger Paints at Rs 44 with short-term target of Rs 52 and longer-term target of of Rs 60. Source : ZEE BUSINESS 11:00 AM Tuesday , 26 May Technical analyst, Akshita Deshmukh recommends investors to buy Educomp Solutions with target of Rs 3,000-3,050. Source : CNBC AWAAZ 10:58 AM Tuesday , 26 May Buy DLF with target of Rs 400, says Ashwani Gujral, technical analyst. Keep stop-loss of Rs 315-320, he adds. Source : CNBC TV18 10:58 AM Tuesday , 26 May Hardik Jain, technical analyst recommends investors to buy Ranbaxy only if it closes above Rs 270. Keep target of Rs 350, he adds. Source : CNBC AWAAZ 10:56 AM Tuesday , 26 May Siddharth Bhamre of Angel Broking advises investors to buy Cairn India when it comes down

May 25th Market update

02:55 PM Monday , 25 May Our market continues to be under pressure and is trading weak. Sensex is trading at 13,846, down 40 points and Nifty is at 4,214, up 24 points from the previous close. Source : IRIS 01:28 PM Monday , 25 May Our market is under pressure. Sensex is trading at 13,909, up 22 points and Nifty is at 4,243, up 5 points from the previous close. The market breadth is positive with advances at 1,128 against declines of 140 on the NSE. Source : IRIS 01:27 PM Monday , 25 May Investors should take profits from the markets at the Nifty 4,500 level, says Sandeep J Shah of Sampriti Capital. He thinks that the valuation of largecaps is fully priced if not over-priced. He adds that in the best case scenario, there could be consolidation around 4,800-5,000 levels. Source : CNBC TV18 01:26 PM Monday , 25 May Buy Nifty with targets of 4,260, 4,293 and 4,305, says Rajat Bose, technical analyst. Keep stop loss of 4,205, he adds. Source : CNBC TV18 01:25 PM Mond

May 22nd 2009 Stock Update ( Kotak, Aban, Rolta )

10:00 AM Friday , 22 May Anil Singhvi, market expert advises investors to buy Rolta with intra-day target of Rs 120. Keep stop-loss of Rs 105, he adds. Source : CNBC AWAAZ 09:58 AM Friday , 22 May Buy Spicejet with intra-day target of Rs 22, says Anil Singhvi, market expert. Keep stop-loss of Rs 19, he adds. Source : CNBC AWAAZ 09:56 AM Friday , 22 May Simi Bhaumik, technical analyst advises investors to sell Aban Offshore at Rs 850 with target of Rs 820. Keep stop-loss of Rs 865, she adds. Source : ZEE BUSINESS 09:54 AM Friday , 22 May Simi Bhaumik, technical analyst recommends investors to sell Kotak Mahindra Bank at Rs 620 with target of Rs 602. Keep stop-loss of Rs 630, she adds. Source : ZEE BUSINESS 09:48 AM Friday , 22 May Buy in the Rolta India from a short-term trading horizon. Source : BUSINESS LINE

X+1 syndrome

In a world where all actions have to be justified by hard logical reasoning, there is little room left for ambivalence or dilemma. This is especially true when it comes to NRIs wanting to return to India. The issue of whether to return has been debated and re-debated for years and very few, if any, have really found a general compelling reason one way or the other. This is because it is an extremely complex topic involving economical, cultural and emotional issues. By sharing my personal experience I hope to share some insights in to this complex issue. There was a time when I, like all my friends in IIT, dreamt of going to the States for higher education, getting a lucrative job and eventually living the so-called American dream. . The way to go was to apply to a university . I got in and by August '88 was ready to leave. Very few asked why I was going. The reasons to go were considered perfectly rational - good education, good jobs and a good standard of living - so obvious that

May 21st 2009 Stock Update (IFCI, Godavri Power, Reliance Communication )

12:57 PM Thursday , 21 May Buy Parsvnath Developers on dips with targets of Rs 105 and then 132, says Ashwani Gujral, technical analyst. Keep strict stop-loss of Rs 56, he adds. Source : CNBC AWAAZ 12:56 PM Thursday , 21 May Vijay Bhambwani, technical analyst advises investors to hold Reliance Communications with medium-term target of Rs 375-385. Source : CNBC TV18 12:54 PM Thursday , 21 May Ashwani Gujral, technical analyst recommends investors to hold HCC with targets of Rs 112, 135 and then 150. Keep stop-loss of Rs 65-70, he adds. Source : CNBC AWAAZ 12:53 PM Thursday , 21 May Technical analyst, Vijay Bhambwani recommends investors to hold L&T with target of Rs 1,620 in the next few weeks. Keep stop-loss of Rs 1,055, he adds. Source : CNBC TV18 12:51 PM Thursday , 21 May Sudarshan Sukhani, technical analyst recommends investors to buy NIIT Tech after a correction in the market. It will give good returns, he adds. Source : CNBC AWAAZ 12:50 PM Thursday ,

May 20th 2009 ( NSE, Sensex ) Market Update

04:39 PM Wednesday, 20 May The Sensex ended the day with a loss of 241.37 points, or 1.69% at 14,060.66 after touching a high of 14,405.51 and a low of 13,976.49. The broad-based NSE Nifty fell 48.15 points, or 1.11% at 4,270.30 after hitting a high of 4,362.85 and a low of 4,244.70. Source : BSE 11:12 AM Wednesday, 20 May An hour into opening, the market is trading volatile. Realty and auto stocks lead the gains. The Asian markets continue to trade mixed. Sensex is trading at 14,350, up 48 points from its previous close, and Nifty is at 4,344, up 25 points. Source : IRIS 11:11 AM Wednesday, 20 May The market opens expectedly on a negative note today. Earlier, the US markets closed mixed and the Asian markets are trading mixed, too. Sensex is trading at 14,226, down 76 points from its previous close, and Nifty is at 4,302, down 16 points. Source : IRIS 11:11 AM Wednesday, 20 May The Nifty could go down to 4,150 at which level fresh trade can be initiated, says VK Shar

May 19th 2009 Stock Update ( SMC, Edelweiss, Zee Business, CNBC Awaaz )

01:59 PM Tuesday , 19 May Nitin Murarka of SMC Global recommends investors to buy Tanla Solutions with short-term target of Rs 80-85. Keep stop-loss of Rs 49, he adds. Source : ZEE BUSINESS 12:07 PM Tuesday , 19 May Technical analyst, Vijay Bhambwani recommends investors to hold JM Financial with trailing stop-loss of Rs 28. It has resistance at Rs 35-37 crossing which it can go up to Rs 45, he adds. Source : CNBC AWAAZ 12:06 PM Tuesday , 19 May Nitin Murarka of SMC Global recommends investors to buy Great Offshore at Rs 295 with stop-loss of Rs 260. Keep short-term target of Rs 350 and medium-term target of Rs 400, he adds. Source : ZEE BUSINESS 12:01 PM Tuesday , 19 May Nitin Murarka of SMC Global advises investors to buy Edelweiss at Rs 380 with stop-loss of Rs 330. Keep short-term target of Rs 460 and medium-term target of Rs 600, he adds. Source : ZEE BUSINESS 11:48 AM Tuesday , 19 May Anil Singhvi, market expert recommends investors to buy Alok Industries wi

May 18th 2009 Stock Update ( HDIL, Kotak, India Infoline, Praj Industries )

09:09 AM Monday , 18 May Buy in India Infoline from a short-term trading perspective. Source : BUSINESS LINE 03:56 PM Friday , 15 May Buy Praj Industries with a target of Rs 90 and stop loss of Rs 70, says Rajesh Jain of SMC Global Securities. Source : CNBC TV 18 11:31 AM Friday , 15 May Ramesh Arora, technical analyst recommends investors to hold Unitech with target of Rs 54. Keep stop-loss of Rs 46, he adds. Source : ZEE BUSINESS 11:17 AM Friday , 15 May Ashwani Gujral, technical analyst recommends investors to buy Jay Shree Tea with target of Rs 175. Keep stop-loss of Rs 130, he adds. Source : CNBC AWAAZ 11:16 AM Friday , 15 May Mehraboon Irani of Centrum Broking advises investors to buy Dhampur Sugar Mills for good returns. Source : CNBC AWAAZ 11:14 AM Friday , 15 May Technical analyst, Deepak Mohoni advises investors to buy HDIL below Rs 185-186 for short-term trade. Keep stop-loss of Rs 181, he adds. Source : CNBC TV18 11:12 AM Friday , 15 May Hold Guja

Election 2009 Updates

Election 2009 Updates ( Refresh Page for latest updates)

May 15th Stock Update ( Kotak Mahindra, Unitech, Harrisons )

03:56 PM Friday , 15 May Buy Praj Industries with a target of Rs 90 and stop loss of Rs 70, says Rajesh Jain of SMC Global Securities. Source : CNBC TV 18 11:31 AM Friday , 15 May Ramesh Arora, technical analyst recommends investors to hold Unitech with target of Rs 54. Keep stop-loss of Rs 46, he adds. Source : ZEE BUSINESS 11:17 AM Friday , 15 May Ashwani Gujral, technical analyst recommends investors to buy Jay Shree Tea with target of Rs 175. Keep stop-loss of Rs 130, he adds. Source : CNBC AWAAZ 11:16 AM Friday , 15 May Mehraboon Irani of Centrum Broking advises investors to buy Dhampur Sugar Mills for good returns. Source : CNBC AWAAZ 11:14 AM Friday , 15 May Technical analyst, Deepak Mohoni advises investors to buy HDIL below Rs 185-186 for short-term trade. Keep stop-loss of Rs 181, he adds. Source : CNBC TV18 11:12 AM Friday , 15 May Hold Gujarat NRE Coke with target of Rs 35-37, says Ramesh Arora, technical analyst. Keep short-term stop-loss of Rs 27.50

RNRL Target Rs 67 - 72

Rahul Mohindar of Viratechindia is of the view that RNRL can touch Rs 67-68. Mohindar told CNBC-TV18, "IFCI continues to look good to me. I feel this stock is likely to see levels like Rs 30-31 in the short-term and I would keep a stoploss of Rs 23 if I am holding into it." He further added, "RNRL again continues to look bullish. We have been recommending the stock for the last two weeks and it has been doing pretty well. We continue to believe that this is a counter that could go to about Rs 67-68 in the short-term. I would keep a stoploss of Rs 55 on this stock. As I said, if I had to go frontlines, I’d probably still like to stick with basics like Tata Steel and SBI."

TCS Bonus Issue Approved

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  TCS  has announced its FY09 and fourth quarter results. The company's FY09 Indian GAAP consolidated net profit was up 4.5% at Rs 5256.4 crore versus Rs 5026 crore and its Indian GAAP consolidated net sales were up 21.6% at Rs 27812.9 crore versus Rs 22863.4 crore. In a press conference the TCS management said that the board had approved a 1:1 bonus issue subject to shareholder approval. It pegs the company's Q4 EPS at Rs 13.54 and said it would pay Rs 5 per share as final dividend. The management said it has closed seven large deals in January-March and added 163 new clients in FY09. The company has reduced their outstanding debtor days by 12 days On employment, TCS said that it has made 24,885 campus offers for FY10 and that its net additions of 13418 staff in Q4 FY09 had upped its total employee strength to 143761. It added that the employee utilisation excluding trainees in January to March was at 79.7% and at 69.4% including trainees. The board stated that the

May 14th Stock Update ( Patel, Tata Elxsi, Lupin)

01:57 PM Thursday , 14 May Research analyst, Santosh Sahu recommends investors to buy DLF above Rs 244.15 with intraday target of Rs 280-295. Keep stop-loss of Rs 220, he adds.(Short term call) Source : IRIS 01:15 PM Thursday , 14 May Mandar Jamsandekar, technical analyst advises investors to buy Patel Engineering with target of Rs 262 in 13 trading sessions. Keep stop-loss of Rs 195, he adds. Source : NDTV PROFIT 01:13 PM Thursday , 14 May Technical analyst, Ashwani Gujral advises investors to hold Bharti Airtel and exit when it reaches Rs 830-840. Buy again when it comes to Rs 550-560, he adds. Source : CNBC AWAAZ 01:12 PM Thursday , 14 May Rajat Bose, technical analyst recommends investors to buy Shriram Transport only on dips with target of Rs 280-300. Source : CNBC AWAAZ 12:12 PM Thursday , 14 May Technical analyst, Mitesh Thacker recommends investors to sell SBI if it closes below Rs 1,230 with target of Rs 1,150-1,120. Keep a stop-loss of 2-3%, he adds. So

May 12th Stock Update ( BHEL, Deccan Chronicle, YES Bank, Rajesh Export )

11:44 AM Tuesday , 12 May Buy ABG Shipyard at either its support level of Rs 130 or supply level of Rs 155, says Mitesh Thacker, technical analyst. Keep target of Rs 170-175, he adds. Source : CNBC AWAAZ 11:43 AM Tuesday , 12 May Ashwani Gujral, technical analyst recommends investors to buy Bank of Baroda with targets of Rs 353 and then 381. Keep stop-loss of Rs 315, he adds. Source : CNBC TV18 10:57 AM Tuesday , 12 May Buy Provogue with intra-day target of Rs 42, says Anil Singhvi, market expert. Keep stop-loss of Rs 36.50, he adds. Source : CNBC AWAAZ 10:56 AM Tuesday , 12 May Simi Bhaumik, technical analyst recommends investors to sell Nagarjuna Fertilisers below Rs 23 with target of Rs 20. Keep stop-loss of Rs 25, she adds. Source : ZEE BUSINESS 10:43 AM Tuesday , 12 May Mitesh Thacker, technical analyst recommends investors to buy Balaji Telefilms with target of Rs 55-57. It has resistance at Rs 47-48, he adds. Source : CNBC AWAAZ 10:41 AM Tuesday , 12 May

May 11th 2009 Stock Update ( tech Mahindra, ICICI Bank, NRE coke)

02:28 PM Monday , 11 May Buy Rajesh Exports with a target of Rs 36 and stop-loss of Rs 26, says Neera Jain of crnindia.com. Source : CRNINDIA.COM -------------------------------------------------------------------------------- 02:27 PM Monday , 11 May MB Singh, technical analyst advises investors to buy Tata Steel around Rs 250 with a target of Rs 400 and keep stop-loss of Rs 225. Source : ZEE BUSINESS -------------------------------------------------------------------------------- 02:26 PM Monday , 11 May Neera Jain of crnindia.com recommends investors to buy Bajaj Hindustan around Rs 90 with a target of Rs 135 and stop-loss of Rs 80. Source : CNBC AWAAZ -------------------------------------------------------------------------------- 12:15 PM Monday , 11 May Nitin Murarka of SMC Global advises investors to buy Cairn India at Rs 210 with short-term target of Rs 240 and medium-term target of Rs 260. Keep stop-loss of Rs 190, he adds. Source : ZEE BUSINESS ---------------------

May 8th Stock Update ( Balrampur Chini, Tata Steel, Hindalco, REC )

12:21 PM Friday , 08 May Technical analyst, Akshata Deshmukh recommends investors to buy Balrampur Chini with a target of Rs 110 where one can book profits. Source : CNBC AWAAZ 12:19 PM Friday , 08 May Sudhanshu Pandey of LKP Shares advises investors to buy Tata Steel with resistance at Rs 295-300 after which it has a target of Rs 325-330. Source : NDTV PROFIT 12:18 PM Friday , 08 May Sudhanshu Pandey of LKP Shares advises investors to buy Sterlite Industries with a target of Rs 560 where one can book profits. Source : NDTV PROFIT 12:16 PM Friday , 08 May Hold Aban Offshore with a target of Rs 500 where one can book profits and re-enter at lower levels for the long term, says Akshata Deshmukh, technical analyst. Source : CNBC AWAAZ 12:15 PM Friday , 08 May Sudhanshu Pandey of LKP recommends investors to buy Hindalco with a target of Rs 90. Source : NDTV PROFIT 12:13 PM Friday , 08 May Ashwani Gujral, technical analyst advises investors to buy REC with a target

May 7th 2009 Stock Update ( Nagarjuna Fertilisers, Kingfisher, BOB, ONGC )

02:12 PM Thursday , 07 May Research analyst, Santosh Sahu recommends investors to buy Reliance Capital above Rs 605 with intraday target of Rs 620-625. Keep stop-loss of Rs 595, he adds. Source : IRIS 10:54 AM Thursday , 07 May Anil Singhvi, market expert advises investors to buy Nagarjuna Fertilisers with intra-day target of Rs 27. Keep stop-loss of Rs 24, he adds. Source : CNBC AWAAZ 10:52 AM Thursday , 07 May Buy Kingfisher with intra-day target of Rs 41, says Anil Singhvi, market expert. Keep stop-loss of Rs 37, he adds. Source : CNBC AWAAZ 10:51 AM Thursday , 07 May Mitesh Thacker, technical analyst recommends investors to sell Bank of Baroda at current levels with targets of Rs 290 and 300. Keep stop-loss of Rs 330, he adds. Source : CNBC TV18 10:38 AM Thursday , 07 May Technical analyst, Simi Bhaumik recommends investors to buy ONGC at Rs 887 with target of Rs 916. Keep stop-loss of Rs 872, she adds. Source : ZEE BUSINESS 10:37 AM Thursday , 07 May Anil

May 6th 2009 Stock Update ( HINDUSTAN LIVERS, DISHMAN, MTNL, SRF)

02:08 PM Wednesday, 06 May Research analyst, Santosh Sahu recommends investors to buy NTPC above Rs 194.85 with target of Rs 200-202. Keep stop-loss of Rs 192, he adds. (Buy Today Sell Tomorrow) Source : IRIS 01:17 PM Wednesday, 06 May Religare- Retail recommends a `buy` on Great Offshore with target of Rs 330. Source : IRIS 01:16 PM Wednesday, 06 May Religare- Retail recommends a `buy` on Garware Offshore with target of Rs 154. Source : IRIS 01:11 PM Wednesday, 06 May Religare- Retail recommends a `buy` on Biocon with target of Rs 171. Source : IRIS 12:58 PM Wednesday, 06 May Religare- Retail recommends a `buy` on Hindustan Unilever with target of Rs Rs 280. Source : IRIS 12:52 PM Wednesday, 06 May Religare- Retail recommends a `buy` on Dishman Pharmaceuticals with target of Rs 135. Source : IRIS 12:26 PM Wednesday, 06 May Research analyst, Santosh Sahu recommends investors to buy Cairn India above Rs 205 with target of Rs 225-232. Keep stop-loss of Rs 195

May 5th 2009 market Update

02:03 PM Tuesday , 05 May Our market is also seeing a quiet session. Sensex is trading at 12,023, down 111 points and Nifty is at 3,624, down 29 points from the previous close. Source : IRIS 11:22 AM Tuesday , 05 May An hour into opening, the market is trading volatile after a flat opening, on the back of buying interest. The Asian markets are now trading flat. Sensex is trading at 12,148, up 13 points from its previous close, and Nifty is at 3,662, up 8 points. Source : IRIS 10:05 AM Tuesday , 05 May The market opens on a flat note today, in a sideways mode. The Asian markets are trading mixed. Sensex is trading at 12,063, down 71 points from its previous close, and Nifty is at 3,634, down 19 points. Source : IRIS 09:47 AM Tuesday , 05 May The market is in an uptrend now but investors should wait for the election results before investing, says Ambareesh Baliga of Karvy Stock Broking. Source : CNBC AWAAZ 09:46 AM Tuesday , 05 May The market is in a strong uptrend

TATA MOTORS : NANO

Source : TimesofIndia   Tata Motors on Monday said it has received over 2.03 lakh bookings for its Rs 1 lakh car Nano, garnering nearly Rs 2,500 crore   The bookings were double of allotted number of cars for delivery. Fully paid bookings were nearly Rs 2,500 crore, the company said. Out of the total bookings, 70% were financed and the rest on application through cash payment. About 4,000 cash bookings were made online through www.tatanano.com , it said. Out of the three variants of Nano, the base model Nano Standard accounted for 20%, mid-range Nano Cx 30% and the top end Nano Lx getting 50% of the booking. The bookings for Nano started on April 9 and closed on April 29. At the time of launch of Nano on March 23, Tata Motors had said the booking amount would be Rs 95,000, Rs 1.2 lakh and Rs 1.4 lakh for the base model, mid-level and top-end variants respectively. The company said the first 1,00,000 allottees from among the applicants will be chosen through a computerised random

May 4th 2009 Stock Update ( Hindalco, Siemens, ABB, GVK Power, GMR )

02:56 PM Monday , 04 May Technical analyst, MB Singh recommends investors to buy GVK Power around Rs 29 with a short-term target of Rs 42, medium-term target of Rs 50-55 and stop loss of Rs 24. The stock will be a multi-bagger in the long term, he adds. Source : ZEE BUSINESS -------------------------------------------------------------------------------- 02:49 PM Monday , 04 May Buy GMR Infra with a target of Rs 125 and stop-loss of Rs 102, says Neerja Jain of crnindia.com. Source : CRNINDIA.COM -------------------------------------------------------------------------------- 02:15 PM Monday , 04 May MB Singh, technical analyst recommends investors to buy Bajaj Hindustan around Rs 85 with a short-term target of Rs 115, medium-term target of Rs 135-160 and stop-loss of Rs 65. Source : ZEE BUSINESS -------------------------------------------------------------------------------- 01:07 PM Monday , 04 May Research analyst, Santosh Sahu recommends investors to buy RCom above Rs 230

H1b : Immigration can save America, author says

The United States must embrace immigration with open arms or risk going the way of over-indebted empires like Britain and Rome, according to a provocative new book. "Like England before it, America is becoming increasingly indebted to its largest global competitor, China, and is fighting a costly war with no end in sight," says Haag Sherman, co-founder of Houston-based asset management firm Salient Partners. In "Shattering Orthodoxies" (Easton Studio Press, $27.95), Sherman argues that one solution is to allow all who want to come to the United States to do so legally. This would boost the economy through increased tax receipts and address concerns about the cost of government programs. Every immigrant worker who arrives on U.S. shores effectively saves the country at least the $150,000 it takes to raise a child at a minimum level, Sherman says, a benefit to the country that he dubs "America's Free Lunch." The book is an extensive treatise outli

Energy Bubble

Source : NPR     One argument for a major overhaul of the U.S. electricity grid is to encourage the development of more renewable sources of energy, such as wind and solar . President Obama certainly has gotten behind green energy, and his administration is part of a concerted effort to help the industry grow. In the wake of the housing bubble, that has some asking whether the country is headed for a renewable energy bubble. Eric Janszen founded the financial advisory company iTulip in the midst of the Internet stock bubble. Janszen, whose company was named for the Dutch tulip bulb bubble in the 1630s, has made a career out of studying financial bubbles. He says bubbles start with a kernel of something good — say, homeownership or the development of the Internet or, in this case, energy that causes less pollution. But then, he says, outside forces come in and create a sort of mania. "You'll know that we're at some stage of an energy bubble when you start to hear