Posts

Tata Sons sold 1% stake of TCS

According to sources, Tata Sons has sold its 1% stake in TCS via a block deal today. The 1% TCS stake has been sold to various funds, DSP ML being the sole book runner, sources added. CNBC-TV18 Disclaimer This information is source-based and has not been provided to the stock exchanges..

No signs of panic seen !! Hedge fund inflows may fall

Will hedge funds change their charter post Sebi's P-Note policy or will they look at an alternative way of investing in India? According to analysts, hedge fund inflows going into the market is around 10-30%. Macquarie said 20-30% of total participants would be unregulated hedge funds. There are around 1,000 hedge funds, which are operating worldwide. About 70-80% operate from US. Most hedge funds came to India in early 2002 as they did not want to be regulated So, what is the view of hedge funds on the markets? Most hedge funds across the world said India might see volumes drop down in the short- to medium-term. They feel there will be a likely level-playing field after new categories of investors like pension funds and retirement funds get recognised. They also don't see panic in the market. According to analysts, there are other investment options. Hedge funds need to change their charter to convert from long-short to long only funds. Investors would opt for hedge funds or f...

Buy for Nov 1st ( Nitin Fire , GMR INFRA )

As per yesterday recommendation >> Torrent gave a return of RS 6.35/-, NTPC gave a return of RS 8/. Buy for today Buy Nitin Fire > 410.1,419,424,439 Stop Loss 408 Buy GMR INFRA > 179.1,181.2,185 Stop Loss 175

Buy for Oct 31 ( Satyam, NTPC, Torrent Power )

Yesterday trading recommendations yielded returns which are far superior than paid tips as can be visualised that Torrent Pharma gave a return of RS 4.25, Glenmark gave a return of RS 35/-,NTPC gave a return of RS 4/-, Satyam gave a return of RS 13/- and Bharti Airtel gave a return of Rs 24/- per share. I know day traders are minting money with the free tips for Indian stock market. Buy Torrent Power > 164.5,167,169.9,171.6 Stop Loss 160.9 Buy NTPC > 235.1,239,244 Stop Loss 233.9 Buy Satyam > 484.1,489,494,499 Stop Loss 479

Buy for Oct 30th ( Torrent Pharma ,Glenmark, Satyam )

Market scaled to new height of 20000 mark. Day trading recommendations gave tremendous returns like NTPC gave a return of RS 9 and Airtel gave a return of Rs 21. Hope you all have made money with our suggestions Buy Torrent Pharma > 164.1,165.6,169.6,172 Stop loss 161.5 Buy Glenmark > 454.1,465,479 Stop loss 449.9 Buy Satyam > 488.1,491,497 Stop loss 484.75

NIIT forges Global Alliance with Adobe Systems Inc

NIIT , Asia’s largest trainer and leading Global Talent Development Corporation and Adobe Systems Incorporated have entered into a global alliance to create talent pool for Design, Web, Mobile and Interactive Media. . Through this strategic partnership, NIIT will offer training programs on Adobe’s software tools and technologies used in business, entertainment and personal communication, across its network of 32 countries. Global leader, Adobe will provide access to its software tools and technologies in the emerging creative space, and enable the large software developer community and creative professionals to skill themselves for the Media, rich interactive Web 2.0, and Animation & Gaming industries. Adobe and NIIT will also jointly set up showcase centres in key Indian metro cities. NIIT will also offer the training programs in emerging markets such as China and Vietnam , in addition to 30 other countries in its global network. Speaking at a press conference in the capit...

Buy for Oct 29th ( NTPC, IDEA, Bharati Airtel )

Buy for today ( NTPC, IDEA, Bharati Airtel ) Buy NTPC >231.1, 233, 237 Stop loss 229.9 Buy IDEA >141.1, 145, 148, Stop loss 139.3 Buy Bharti Airtel >1004.5, 1011, 1023 Stop loss 999