Nifty Futures : Corrective bounce may face resistance near 5260 - 5280
DebtMarketReport:10 year yield likely to move in the range of 8.03% - 8.08% level on Thursday.
News Update:
- Rupee dropped 37 p to 55.48 vs USD. Get Latest Currency Info
- CCEA will consider proposal to increase sugarcane price that mills are required to pay to farmersby 17% to Rs170/quintal in FY13.
- Nalco in talks to operate a 2.25 lakh-tonne smelter unit in Indonesia
- Government may fix profit share in oil as percentage of output
- Infosys BPO looking for buyouts to double its revenues to $1 bn
- JSPL is in advanced stages of discussions to acquire a controlling stake in #Canada's CICEnergy for about Rs18 bn
- Employee unions of MTNL will go on protest from 24th July, 2012 demanding that the government bear the complete cost of pension
- One person was killed and 40 injured in a clash between workers & managerial staff at MarutiSuzuki’s plant at Manesar
- TataSteel Group's plant capacity will go up to 33.5 mtpa by CY14 from current 28 mtpa
- Irish buildings materials group, CRH is planning to buy#JaiprakashAssociates’ cement plants in Gujarat & A.P. for Rs80-90bn
- BajajFinserv will be raising Rs 10 bn by December through rights issue
- DrReddys’Labs launched Atorvastatin (generic#Lipitor) tablets in the US market with potential US market sales of $8.07 bn
- Hero Motocorp is likely to post a net profit of Rs 635 crore for the quarter ended June 2012.
Major Results Today :
Ajanta Pharma,BOC India,Dish TV,Drreddy,Hero Mot,Kotak Mah bank,NIIT Tech,L&T Finance Hold
Positional Call :
Buy ABIRLANUVO at Rs.782 Stop Loss 730 Target 840
You can fill the form here on the blog to get free tips on your mobile for this whole week 16th July - 20th July 2012 and for tomorrow too 20 July 2012..... Have a Happy Trade!!! :)
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