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Tuesday, November 20, 2012
Daily News Roundup - Nov 20 2012
Hindustan Petroleum Corporation has decided to put Rajasthan ahead of Maharashtra in its refinery commissioning dates. (BL) Gamesa Wind Turbines India has bagged an order from SJVN Ltd, for the supply of 56 wind turbines of 850 kW capacities each totalling 47.60 MW. (BL) Maldivian Airlines has signed a pact with the Apollo Hospitals to give discounts to each others’ clients. (BL) Karnataka Bank has raised Rs.2.5bn by issuing 10-year, tier-2 bonds. (BL)
Up above the cliff so high!
Living at risk is jumping off the cliff and building your wings on the way down.- Ray Bradbury After stumbling for eight days in a row, the indices look poised to clock some gains today. World markets are upbeat on hopes that the fiscal cliff negotiations in Washington are progressing well especially after Obama met Congressional leaders on Friday. We expected gains in our market on Monday itself though. A rebound in Nifty above the 5630 levels will augur well for the time being. Asian markets are up this morning. Reports state that a better- than-forecast US home sales has brought in some cheer. US indices saw one of their best gains in months with the Dow adding over 200 points.
Positive global cues may lift markets higher
Indian stocks are expected to start the trading session higher as the global cues look supportive. SGX Nifty is also trading 11 points higher Events for the day: Ex date for dividend of Procter & Gamble Hygiene & Healthcare. Ex date for interim dividend of Infotech Enterprises.
Market may open higher on firm Asian stocks
The market may open higher on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicated that the Nifty could gain 11 points at the opening bell. Asian stocks rose for a third day on Tuesday, 20 November 2012 after U.S. housing data boosted optimism that the world's largest economy is recovering. Metal stocks will be in focus as LMEX, a gauge of six metals traded on the London Metal Exchange jumped 2.25% on Monday, 19 November 2012.
Sunday, November 18, 2012
Muhurat Picks
Company Name
|
CMP
|
Company Name
|
CMP
|
Alstom
|
413.95
|
L & T Finance Holdings
|
71.50
|
MRF
|
10137.50
|
Ashok Leyland
|
26.85
|
BHEL
|
231.95
|
Alicon Castalloy
|
74.15
|
CIPLA
|
392.20
|
D.S. Kulkarni Developers
|
74.95
|
Reliance Capital
|
394.25
|
Indoco Remedies
|
67.00
|
HDIL
|
110.45
|
Spice Jet
|
36.35
|
OBC
|
321.30
|
EMCO
|
31.35
|
Siyaram Silk Mills
|
310.40
|
FDC
|
90.00
|
GRUH Finance
|
201.30
|
GNFC
|
82.00
|
Mayur Uniquoters
|
456.85
|
Rossell
|
39.65
|
I L & FS Trans.
|
183.25
|
IDBI Bank
|
106.20
|
Tech Mahindra
|
946.60
|
Gabriel India
|
26.95
|
Orient Carbon & Chemical
|
141.50
|
112.30
| |
CCL Products
|
314.50
|
Power Grid Corporation
|
119.95
|
Tata Steel
|
383.85
|
Alembic Pharmaceuticals
|
68.05
|
Shasun Pharmaceuticals
|
143.55
|
United Phosphorus
|
110.75
|
Persistent Systems
|
483.25
|
Dishman Pharmaceuticals
|
113.50
|
Axis Bank
|
1225.85
|
W h Brady
|
95.00
|
Indo Borax
|
92.00
|
33.00
|
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