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Tuesday, November 23, 2010

MOIL Limited - IPO


MOIL Limited - IPO

Power Grid FPO Allotment Status


Power Grid FPO Allotment Status can be checked here

Power Grid Grey Market Premium - MOIL


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Kostak

(Rs. 1 Lac

Application)

Kostak

(Rs. 2 Lac

Application)

Power Grid Corporation

90

(5 % Discount of

Retailers & Employee)

10 to 11

--

--

R.P.P. Infra Projects Ltd.

68 to 75

11 to 12

--

--

Claries Life science

278 to 293

--

--

--

Manganese Ore Ltd.

600 to 660

(Approx)

250 to 252

2600 to 2700

5200 to 5400

Shipping Corporation

--

--

--

--

Daily News Roundup - Nov 23 2010


Zensar Technologies to acquire US-based PSI Holdings' unit Akibia for US$66 million. (BL)

Tata Chemicals announced the launch of ‘Paras Farmoola', the country's first ever customised fertiliser product specifically targeted at farmers in western-central Uttar Pradesh. (BL)

Sensex soars on all-round buying...Nifty reclaims 6k


The BSE Sensex surged 371 points to close at 19,956 and the NSE Nifty rose 119 points to close at 6,009.

After comeback, bulls may step back


Success is a lousy teacher. It seduces smart people into thinking they can't lose. -Bill Gates.

The bulls staged a stunning comeback with a ~2% rally in the two main indices. The Irish bailout news coupled with positive FII data helped lift the glum mood amid concerns about simmering political tension. The Supreme Court will hear the PM’s affidavit on the 2G spectrum case today. The all-party meet failed to break the logjam in parliament linked to the highly controversial issue.

Markets may witness a weak start


The Indian markets are expected to open on a negative note as the world markets remain nervous after Moody's said a bailout of Ireland may pose a 'credit negative' for the country

Headlines for the day:

Tata Chemicals enters customised fertiliser biz

Godrej talking to Israeli firms for dairy foray

Jubilant Energy plans $85-million share sale

Crude stays low


Prices slip due to rising dollar

Crude prices ended lower on Monday, 22 November 2010 at Nymex. Prices fell as the dollar rose and on demand concerns.

Market may edge lower on weak Asian stocks


Weak global stocks may pull the market down after Monday's near 2% gains. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could slide 53.50 points at the opening bell. Asian shares were down Tuesday as investors continued to worry over Europe's debt crisis. Volatility may remain high as traders roll over positions in the derivatives segment from the near-month November 2010 series to December 2010 ahead of the expiry of the November 2010 futures & options (F&O) contracts on Thursday, 25 November 2010.

SGX Nifty Live Update - Nov 23 2010


5,951.00 -59.00

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