STOCK BUZZ

Adani Power initial public offering (IPO) witnessed huge investor interest and was subscribed 6.86 times. The issue received bids for more than 170 crore shares as against the issue size of 30,16,52,031 shares, as per the data available on the NSE website . Qualified institutional investors have given strong response to the issue followed by non-institutional investors. Their portion subscribed 12.93 times and 2.2 times, respectively. Retail investors' portion subscribed just 0.5 times. Also read: Subscribe to Adani Power IPO: Experts The price band has been fixed between Rs 90 and Rs 100 per equity share. The minimum bid lot has been fixed at 65 equity shares by the company in consultation with the global coordinator and book running lead manager. The issue will close on July 31, 2009. The issue constitutes 13.84% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of up to 8,000,000 equity shares for eligible employees. The iss...

Source :: Yahoo India   Microsoft Corp and Yahoo Inc have agreed to an online search and advertising partnership, in an attempt to rival Google Inc, that will be announced within 24 hours, a source familiar with the situation said on Thursday. Microsoft will not pay an upfront fee to Yahoo!, and the focus of the deal is on sharing revenue between the two companies, said the source, who did not want to be identified because a formal announcement has not been made. The news and details of the expected deal were first reported by the AllThingsDigital blog and Advertising Age. Microsoft and Yahoo! declined comment. The two companies have talked for months about cooperating in the online advertising market, dominated by Google. Microsoft tried to buy Yahoo! last year but its $47.5 billion bid was rebuffed and Yahoo!'s attempt to seal a search advertising deal with Google Inc fell apart under regulatory scrutiny. Under the expected deal, Microsoft's new Bing search engine wi...

03:23 PM Tuesday , 28 July The market is trading weak. Sensex is trading at 15,347, down 27 points and Nifty is at 4,565, down 6 points from the previous close. Source : IRIS 02:24 PM Tuesday , 28 July The market has recovered and in now trading firmly. Sensex is trading at 15,456, up 81 points and Nifty is at 4,597, up 25 points from the previous close. Source : IRIS 12:42 PM Tuesday , 28 July At noon the market continues to trade choppy, unaffected by the Credit Policy announcement of key rates being unchanged. Sensex is trading at 15,276, down 98 points from its previous close, and Nifty is at 4,542, down 30 points. Source : IRIS 11:13 AM Tuesday , 28 July An hour into opening, the market is trading weak. Asian markets continue to trade mixed. Sensex is trading at 15,268, down 107 points from its previous close, and Nifty is at 4,540, down 31 points. Source : IRIS 10:10 AM Tuesday , 28 July The market opens on a reasonably stable note. Earlier, the US markets c...

02:01 PM Monday , 27 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Reliance Infra with a stop-loss of Rs 1,125 for intra-day target of Rs 1,198. Source : IRIS 12:58 PM Monday , 27 July Hold Jaiprakash Associates with short-to-medium target of Rs 270-300, says Hitendra Vasudeo, technical analyst. Keep short-term stop-loss of Rs 235 or long-term stop-loss of Rs 214, he adds. Source : CNBC AWAAZ 12:57 PM Monday , 27 July Nitin Murarka of SMC Global recommends investors to buy Monnet Ispat with target of Rs 300 in 3-6 months. Keep stop-loss of Rs 240, he adds. Source : ZEE BUSINESS 12:55 PM Monday , 27 July Technical analyst, Ashwani Gujral advises investors to buy Ashok Leyland with targets of Rs 38.50 and then 47. Source : CNBC TV18 12:54 PM Monday , 27 July Pankaj Jain of Satguru Capital recommends investors to hold Hanung Toys with target of Rs 90. Keep stop-loss of Rs 63, he adds. It has resistance at Rs 83, he says. So...

Source : NDTV   What they said was that there will not be any repeat of 26/11 but what they did not say is that there has been one attack after another on various cities in the country and there is no guarantee that these attacks will be stopped. This is what came out of the joint statement issued by the Indian and the Pakistani prime ministers. And while it is still being debated whether Manmohan Singh bowed before Pakistan and whether US pressurized India into doing so, what most of us have overlooked is that on one side Pakistan had accepted that there aren't just "non-state" actors who are responsible for terror acts in India but also that they can stop it if they want. Secondly, they will not do anything as stupid as 26/11 again as it gives India enough proof to expose them internationally, instead, acts like bomb blasts would be carried out so that the identity of the "actors" can always be debated. Such acts also rob them of opportunity to create ambigu...

An unseemly fuss has been kicked up over the frisking of former President A P J Kalam at Delhi's Indira Gandhi International airport by employees of Continental Airlines in April this year. It appears that Kalam was frisked and asked to remove his shoes as he waited on the aerobridge to board the plane. This has our members of parliament up in arms. It is unfortunate that the former president has been subjected to this treatment and that too on Indian soil. This is not the first time that Indian dignitaries have faced this. Several ministers have been frisked, even strip-searched on arrival at US airports. Continental Airlines, a US carrier, has maintained that it is required under US law to frisk all passengers travelling to the US; hence the frisking of Kalam. The US frisking of inbound passengers is no doubt excessive, even intrusive. It is indeed discriminatory as it is not applied with equal intensity to passengers from all countries. But the arguments being raised by many of...

12:43 PM Wednesday, 22 July Prakash Gaba, technical analyst recommends investors to hold DLF with short term target of Rs 400. Keep stop-loss of Rs 335, he adds. Source : CNBC AWAAZ 12:11 PM Wednesday, 22 July Rajat Bose, technical analyst recommends investors to buy Satyam at current levels with short-to-medium target of Rs 120. Source : CNBC AWAAZ 11:24 AM Wednesday, 22 July Pradeep Surekha, technical analyst recommends investors to buy Tata Steel with targets of Rs 422-427 and then 445. Keep stop-loss of Rs 400, he adds. Source : ZEE BUSINESS 11:23 AM Wednesday, 22 July Ashwani Gujral, technical analyst recommends investors to buy Bhushan Steel with target of Rs 870. Keep stop-loss of Rs 650, he adds. Source : CNBC TV18 11:20 AM Wednesday, 22 July Pradeep Surekha, technical analyst recommends investors to hold RIL with target of Rs 2,080-2,100. Keep stop-loss of Rs 1960, he adds. Source : ZEE BUSINESS 11:17 AM Wednesday, 22 July Technical analyst, Rajat Bose ...

02:11 PM Monday , 20 July Reseach analyst Santosh Sahu recommended buy Reliance above Rs 2,020 with a stop-loss of Rs 2,000 for intra-day target of Rs 2,050-2,060. Source : IRIS 12:42 PM Monday , 20 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Sterlite Industries above 593 levels with a short-term target of 720. Source : IRIS 12:41 PM Monday , 20 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Steel Authority of India Limited. at current levels with a short-term target of 189 & with a stoploss below 154. Source : IRIS 12:39 PM Monday , 20 July Vikash Agarwal, Head - Research, Devkinandan Consultants strongly recommend a buy on Jubilant Organosys at current levels with a long-term target of 364. Source : IRIS 12:38 PM Monday , 20 July Vikash Agarwal, Head - Research, Devkinandan Consultants strongly recommend a buy on Geojit BNP Paribas Financial Services at current levels wi...

Source : timesofIndia  TCS post 19% growth in First Quater     Though the company did not give any guidance, it said has a "healthy deal pipeline" and 20 new deals that were signed last fiscal would kick in this year. The net profit rose 18.85% at Rs 1,534 crore from Rs 1,290.61 crore in the same period last year. The company's revenue jumped 12% at Rs 7,207 crore from Rs 6,410.70 crore in the year-ago period. "It is not a one-off performance. We have seen stellar growth in the first quarter. We are watchful of a weak global environment and do not rule out there could be shocks and surprises along the way," TCS managing director and CEO S Ramadorai told reporters here. Sounding cautious of global environment, TCS said telecom, manufacturing and hi-tech continue to be a matter of concern. "The recovery in the US is not going to take place in a very swift or accelerated manner. The situation is not going to be great," Ramadorai added. The e...

02:47 PM Thursday , 16 July Mitesh Thakkar, technical analyst recommends investors to buy India Infoline with a target of Rs 158 and stop-loss of Rs 122. Source : CNBC AWAAZ 02:35 PM Thursday , 16 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Reliance Infra with a stop-loss of Rs 1,030 for 5-7 days target of Rs 1,207. Source : IRIS 02:28 PM Thursday , 16 July Technical analyst, Mitesh Thakkar recommends investors to buy United Spirits with a target of Rs 936 and then it could rally up to Rs 980 and stop-loss of Rs 889. Source : CNBC AWAAZ 02:05 PM Thursday , 16 July PK Agarwal of Purpleline Investment recommends investors to hold Tata Motors for medium to long term with target of Rs 350. It has resistance at Rs 315, he adds. Source : ZEE BUSINESS 02:02 PM Thursday , 16 July Husseini Wadharia of Techno Shares recommends investors to buy JP Associates with a target of Rs 225-236 and stop-loss of Rs 185. Source : CNBC AWAAZ...

02:28 PM Wednesday, 15 July Prasad Kushe, technical analyst recommends investors to buy ICICI Bank at Rs 600 with target of Rs 1500 in two years. Source : NDTV PROFIT 02:19 PM Wednesday, 15 July Sharekhan maintains a buy on Tata Tea with a target of Rs 939 in one year. Source : ZEE BUSINESS 02:08 PM Wednesday, 15 July VVLN Sastry of Firstcall India Equity Advisors advises investors to buy Gammon India on dips with long-term view. Source : NDTV PROFIT 02:06 PM Wednesday, 15 July Prakash Gaba, technical analyst recommends investors to hold Jubilant Organosys with a target of Rs 180 and stop-loss of Rs 160. Source : CNBC AWAAZ 01:44 PM Wednesday, 15 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy KSK ENERGY with a stop-loss of Rs 188 for intra-day target of Rs 207. Source : IRIS 01:12 PM Wednesday, 15 July Prasad Kushe, technical analyst advises investors to buy Bank of India at Rs 290 with target of Rs 450-500. Source : ND...

01:14 PM Tuesday , 14 July Vijay Bhambwani, technical analyst recommends investors to hold Satyam with target of above Rs 100 in the long term. It has resistance at Rs 80-85, he adds. Source : CNBC AWAAZ 01:11 PM Tuesday , 14 July Neera Jain, technical analyst recommends investors to buy Cipla which is in a strong uptrend now. Keep stop-low below Rs 260 on closing basis, she adds. Source : NDTV PROFIT 12:52 PM Tuesday , 14 July Technical analyst, Vijay Bhambwani recommends investors to hold Unitech and exit at Rs 80-85. Keep stop-loss of Rs 60, he adds. Source : CNBC AWAAZ 12:51 PM Tuesday , 14 July Nitin Murarka of SMC Global recommends investors to buy Rolta at Rs 90-95 with long-term targets of Rs 130 and then 160. Keep stop-loss of Rs 85, he adds. Source : ZEE BUSINESS 12:41 PM Tuesday , 14 July Neera Jain, technical analyst advises investors to hold IFCI with target of Rs 48-50. Keep stop-low below Rs 35 on closing basis, she adds. Buy again only if it stay a...

02:47 PM Monday , 13 July Neera Jain of crnindia.com . recommends investor s to sell Cairn India with a target of Rs 190 and stop-loss of Rs 220. Source : CNBC AWAAZ 02:46 PM Monday , 13 July Neera Jain of crnindia.com recommends investors to buy Tulip Telecom with a target of Rs 870 and stop-loss of Rs 800. Source : CNBC AWAAZ 02:45 PM Monday , 13 July MB Singh, technical analyst advises investors to sell Essar Oil in any rally around Rs 140. Source : ZEE BUSINESS 02:44 PM Monday , 13 July Angel Broking maintains a buy on Jain Irrigation with a target of Rs 747. Source : ZEE BUSINESS 02:06 PM Monday , 13 July Technical analyst, MB Singh recommends investors to sell Subex in any rally and it has support at Rs 62. Source : ZEE BUSINESS 01:04 PM Monday , 13 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy INFOSYS with a stop-loss of Rs 1,700 for target of Rs 1,912 in 4-5 days. Source : IRIS 01:03 PM Monday , 13 July...

03:01 PM Thursday , 09 July Technical analyst, Jatindar Sharma recommends investors to hold Century Textiles with a target of Rs 410-420 where one can exit. Source : CNBC AWAAZ 03:00 PM Thursday , 09 July Anuj Dixit, technical analyst advises investors to sell BHEL with a target of Rs 1,772 and stop-loss of Rs 2,280. Source : CNBC AWAAZ 02:58 PM Thursday , 09 July Prakash Gaba, technical analyst recommends investors to buy Voltas with a target of Rs 145. Source : CNBC AWAAZ 02:57 PM Thursday , 09 July Sell JP Associates with a target of Rs 174 and stop-loss of Rs 212, says Anuj Dixit, technical analyst. Source : CNBC AWAAZ 02:56 PM Thursday , 09 July Prakash Gaba, technical analyst advises investors to buy Prism Cements with a target of Rs 50-52 and stop-loss of Rs 38. Source : CNBC AWAAZ 02:55 PM Thursday , 09 July Anuj Dixit, technical analyst recommends investors to sell Cairn India with a target of Rs 180 and stop-loss of Rs 226. Source : CNBC AWAAZ 02:05...

02:44 PM Wednesday, 08 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Tata Steel with a stop-loss of Rs 365 for intra-day target of Rs 383. Source : IRIS 02:32 PM Wednesday, 08 July Technical analyst, Simi Bhaumik recommends investors to buy Prism Cement at Rs 41.80 with medium-term target of Rs 55-60. Keep stop-loss of Rs 33, she adds. Source : ZEE BUSINESS 02:30 PM Wednesday, 08 July Nishant Jain of Tradeswift recommends investors to sell IDFC with target of Rs 110. Keep stop-loss of Rs 140, he adds. Source : CNBC AWAAZ 02:29 PM Wednesday, 08 July Nishant Jain of Tradeswift advises investors to buy HPCL with target of Rs 360. Keep stop-loss of Rs 310, he adds. Source : CNBC AWAAZ 02:26 PM Wednesday, 08 July Vikash Agarwal, Head - Research, Devkinandan Consultants recommends investors to buy Suzlon with a stop-loss of Rs 88 for intra-day target of Rs 94. Source : IRIS 01:20 PM Wednesday, 08 July Vikash Agarwal, Head -...

11:08 AM Monday , 06 July Buy HDIL with intra-day target of Rs 250, says Anil Singhvi, market expert. Keep stop-loss of Rs 238, he adds. Source : CNBC AWAAZ 11:08 AM Monday , 06 July Anil Singhvi, market expert advises investors to buy Prakash Industries with intra-day target of Rs 120. Keep stop-loss of Rs 115, he adds. Source : CNBC AWAAZ 11:06 AM Monday , 06 July Anil Singhvi, market expert recommends investors to buy Bayer Cropscience with intra-day target of Rs 330. Keep stop-loss of Rs 298, he adds. Source : CNBC AWAAZ 10:19 AM Monday , 06 July Hemen Kapadia, technical analyst advises investors to buy ICSA with target of Rs 179. Keep stop-loss of Rs 167, he adds. Source : CNBC AWAAZ 10:18 AM Monday , 06 July Anil Singhvi, market expert recommends investors to buy IDFC with intra-day target of Rs 152. Keep stop-loss of Rs 144, he adds. Source : CNBC AWAAZ 10:02 AM Monday , 06 July Technical analyst, Simi Bhaumik recommends investors to buy SAIL at Rs 161 wit...

01:28 PM Monday , 06 July The market slides and is trading weak on lack of major announcements in the budget. Sensex is trading at 14,336, down 576 points and Nifty is at 4,248, down 175 points from the previous close. Source : IRIS 01:13 PM Monday , 06 July Indian Union Budget 2009-2010: The market was running ahead of realty and so there is some disappointment for corporate Indian from the budget, says Uday Kotak of Kotak Securities. But this is a great time for medium-term investors who were left out to get into the market now, he adds. Source : CNBC TV18 01:11 PM Monday , 06 July Indian Union Budget 2009-2010: The Finance Minister has not packaged the budget very well, says Samir Arora of Helios Capital. But the market will forget about the budget in 4-5 days, he adds. Source : CNBC TV18 12:15 PM Monday , 06 July The market at noon has plunged, in an initial reaction to the Union budget even as the Finance Minister is in the midst of presenting it in Parliament. S...

01:01 PM Thursday , 02 July MB Singh, technical analyst advises investors to hold GTL Infra with stop-loss of Rs 36. It has resistance at Rs 44 crossing which it can go to Rs 50 and above, he adds. Source : ZEE BUSINESS 01:00 PM Thursday , 02 July Nitin Murarka of SMC Global recommends investors to hold Bata India with target of Rs 170. Keep stop-loss of Rs 140, he adds. Source : ZEE BUSINESS 12:41 PM Thursday , 02 July Sudarshan Sukhani, technical analyst recommends investors to sell Tata Motors on any rally. It is in a downtrend and even if the market does well, this stock will under-perform, he adds. Source : CNBC AWAAZ 12:35 PM Thursday , 02 July Raj Kishore Bang, technical analyst recommends investors to hold Kalindee Rail with targets of Rs 227 and then 235. Keep stop-loss of Rs 214, he adds. Source : CNBC AWAAZ 12:32 PM Thursday , 02 July Ashwani Gujral, technical analyst recommends investors to buy Navneet Publications with target of Rs 95. Source : CNBC T...

02:46 PM Wednesday, 01 July Simi Bhaumik, technical analyst recommends investors to buy JP Hydro around Rs 89 with a short-term target of Rs 110, medium-term target of Rs 120 and stop-loss of Rs 78. Source : ZEE BUSINESS 02:36 PM Wednesday, 01 July Husseini Wadharia of Techno Shares advises investors to buy HUL with a target of Rs 295-310 and stop-loss of Rs 230. Source : CNBC AWAAZ 02:19 PM Wednesday, 01 July Technical analyst, Raj Kishore Bang recommends investors to buy Navneet Publications with a target of Rs 88 and stop-loss of Rs 76. Source : CNBC AWAAZ 02:18 PM Wednesday, 01 July Neera Jain of crnindia.com recommends investors to buy Bank of Baroda with stop loss closing below Rs 420. Source : NDTV PROFIT 01:12 PM Wednesday, 01 July Buy Tulip Telecom with target of Rs 1,100, says Kiran Jadhav, technical analyst. Keep stop-loss of Rs 810 on a day-end closing basis, he adds. Source : NDTV PROFIT 01:11 PM Wednesday, 01 July Prakash Gaba, technical analyst r...