Equity News And Rumour

RNRL Result

noreply@blogger.com (striker) — Mon, 28 Apr 2008 09:54:00 +0000

Reliance Natural Resources Ltd has announced the following Audited results for the year ended March 31, 2008:

The Company has posted a net profit of Rs 685.987 million for the year ended March 31, 2008 as compared to Rs 288.685 million for the year ended March 31, 2007. Total Income has increased from Rs 2430.784 million for the year ended March 31, 2007 to Rs 3673.065 million for the year ended March 31, 2008.

IDFC Result

noreply@blogger.com (striker) — Mon, 28 Apr 2008 08:30:00 +0000

Infrastructure Development Finance Company Ltd (IDFC) has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Bank has posted a net profit of Rs 1232.50 million for the quarter ended March 31, 2008 as compared to Rs 850.90 million for the quarter ended March 31, 2007. Total Income has increased from Rs 4103.80 million for the quarter ended March 31, 2007 to Rs 6822.70 million for the quarter ended March 31, 2008
Trend Stocks: Infrastructure Development Finance Company Ltd (IDFC) has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2008, inter alia, has proposed a dividend @ 12%, subject to the approval of members at the ensuing Annual General Meeting.

Price Of Commodity

noreply@blogger.com (striker) — Mon, 28 Apr 2008 08:05:00 +0000

LME METAL STOCKS:
COPPER DOWN - 450
ZINC -225
NICKEL -168
ALUMINIUM -950
LEAD +1000
TIN -35

FOMC meet on 29th April

noreply@blogger.com (striker) — Mon, 28 Apr 2008 06:23:00 +0000

Very important day for market, the FOMC meet on 29th April coupled with the RBI Credit policy. And the same day we will also have GDP numbers coming out from USA. On friday we will have april jobs report. Coupled with the Indian stock markets we will have an exciting weak going ahead

UK's housing sector

noreply@blogger.com (striker) — Mon, 28 Apr 2008 06:22:00 +0000

UK's housing sector susceptible to quite a deep correction -U.K. house prices could fall 10% this year and 15% in 2009 if the credit crunch persists, although action by lenders to increase loan availability could limit the slide to 6% over the two years, The Times reports, citing a report from estate agent Savills.

Market Outlook

noreply@blogger.com (striker) — Mon, 28 Apr 2008 05:32:00 +0000

Us market were mixed and Asian markets are currently trading marginally positive.We have RBI policy meeting scheduled tomm, so we would advice all of you to remain light and can convert positions in calls or puts.

Crude Oil News

noreply@blogger.com (striker) — Mon, 28 Apr 2008 05:31:00 +0000

Europe's second-biggest oil producer, will close the North Sea Forties Pipeline System today because of a strike at a refinery in Scotland, cutting U.K. oil production by 40 percent.

Results OF Equity Stocks

noreply@blogger.com (striker) — Mon, 28 Apr 2008 05:30:00 +0000

Results Today 28-04-08 : 3M India, Akruti City, Allied Digital, Alok Industries, Bata India, BOC India, CESC, Clutch Auto, Consolidated Construction, Cords Cable, Diamond Cables, Dwarikesh Sugar, Eicher Motors, Euro Ceramics, Finolex Cables, Glenmark Pharma, Godrej Consumer, GSS America, Hexaware, Hikal, Hindustan Unilever, Indian Overseas Bank, IDFC, Ingersol Rand, KPIT Cummins, Monnet Ispat, Nirma, Nitco Tiles, Plethico Pharma, Reliance Energy, RNRL, Sesa Goa, Shiv-Vani Oil, Strides Arcolab, Subros, Sunil Hitech, TV18, Thomas Cook India, Titagarh Wagons, Welspun Gujarat and Wockhardt.

IndiaBulls Declared Dividend

noreply@blogger.com (striker) — Mon, 28 Apr 2008 05:28:00 +0000

Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 24, 2008, inter alia, has recommended a dividend of Rs 8.50 per Equity Share (425% on the face value of Rs 2 per Equity Share) for the financial year ended March 31, 2008, subject to approval of the shareholders of the Company at the ensuing Annual General Meeting of the Company.

Microsoft third quarter profit down

noreply@blogger.com (striker) — Fri, 25 Apr 2008 09:02:00 +0000

Microsoft Corp’s third-quarter profit fell 11 per cent from a year earlier, when the software maker reported more than USD 1 billion in deferred revenue tied to delays in the launch of the Windows Vista operating system. Its net profit for the three months ended March 31, 2008 fell to $4.39 billion, or 47 cents per share, from $4.93 billion, or 50 cents per share, in the same period last year. Revenue edged up to $14.45 billion from $14.4 billion in the year-ago quarter.

Price Of Commodities

noreply@blogger.com (striker) — Fri, 25 Apr 2008 08:58:00 +0000

LME Stock 25-04-08

COPPER: -1425
ZINC: -200
ALUMINIUM :+ 4925
NICKEL: -36
LEAD: +100
TIN: -110

Reliance Power Bonus Date Fixed

noreply@blogger.com (striker) — Fri, 25 Apr 2008 08:56:00 +0000

RPower Fixes the DATE for Bonus issue on 29th May.

Reliance Power Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 03, 2008 to June 05, 2008 for the purpose of Issue and allotment of Bonus shares

Inflation

noreply@blogger.com (striker) — Fri, 25 Apr 2008 06:50:00 +0000

Inflation it 7.33% against 7.14%
market estimated 7.29%

BSNL Plans For A Demerger

noreply@blogger.com (striker) — Fri, 25 Apr 2008 06:49:00 +0000

Bharat Sanchar Nigam Ltd (BSNL) is planning to hive off its telecom infrastructure into a separate company. BSNL has 32,000 base stations for GSM-based mobile services and another 7,000 for its CDMA services. The company wants to lease out this infrastructure with private operators, especially the new licence holders who are looking for a quick pan-Indian roll out.

DII

noreply@blogger.com (striker) — Thu, 24 Apr 2008 16:20:00 +0000

24-APR-2008

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Buy Value: 1358.92, Sell Value: 916.04, Net Value: 442.88

Foreign Direct Investment

noreply@blogger.com (striker) — Thu, 24 Apr 2008 16:18:00 +0000

24-APR-2008

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Buy Value: 3625.42, Sell Value: 4384.58, Net Value: -759.16

Price Of Commodies

noreply@blogger.com (striker) — Thu, 24 Apr 2008 08:04:00 +0000

LME STOCK
COPPER -275
ZINC -650
LEAD +1100
NICKEL -288
ALUMINIUM +11900

Maruti Quartely Result

noreply@blogger.com (striker) — Thu, 24 Apr 2008 06:29:00 +0000

Maruti Suizuki's Q4 net Rs298 crore VS analysts estimation of Rs471 crore

IndiaBulls Quarterly Result

noreply@blogger.com (striker) — Thu, 24 Apr 2008 06:25:00 +0000

Indiabulls result out Consolidated Profit After Tax up 120% to Rs. 246.4 crore in Q3 of FY 08 from Rs. 111.8 crore in Q3 of FY 07 profit 120%up

GVK Power Planning To Build Third Runway

noreply@blogger.com (striker) — Wed, 23 Apr 2008 09:51:00 +0000

GVK Power is planning to build third runway at Mumbai Airport by cancelling lease of hangar which is coming in its way.
profit_nifty: The market is looking slightly sticky and quiet but Nifty is able to hold 5000. The market breadth has turned negative with advances at 608 against declines of 628 on the NSE.

Price Of Commodities

noreply@blogger.com (striker) — Wed, 23 Apr 2008 09:46:00 +0000

LME stocks
copper -1250
lead +725
zinc -800
tin -200
aluminium -25
nickel -42

Goverment To Delicence Portable Alcohol

noreply@blogger.com (striker) — Wed, 23 Apr 2008 06:44:00 +0000

The government is planning to do away with the licence requirement for manufacture of potable alcohol. At present, companies need licence from state governments for manufacturing potable alcohol whereas there is no such requirement for industrial alcohol. The Department of Industrial Policy & Promotion (Dipp) has won support from states like Rajasthan, Maharashtra, Andhra Pradesh and Haryana for its proposal to delicence the potable alcohol industry. The states have given in-principle approval to scrap the mandatory licensing requirement, and other states are expected to follow suit.

Yahoo Gives Excellent Quarterly Result

noreply@blogger.com (striker) — Wed, 23 Apr 2008 06:43:00 +0000

Yahoo Inc posted a better-than-expected quarterly profit but failed to do well enough to convince many on Wall Street that Microsoft Corp needs to raise its takeover bid of $43 billion. Yahoo's first-quarter net income rose to $542.2 million, or 37 cents per diluted share, from the year-ago quarter's $142.4 million, or 10 cents per diluted share. Excluding one-time items and stock compensation costs, the beleaguered Internet company reported a profit of $150 million, or 11 cents per share. On that basis, Wall Street on average was looking for a profit of 9 cents per share.

Europe Market Dips 5.7%

noreply@blogger.com (striker) — Tue, 22 Apr 2008 16:03:00 +0000

To boost capital, the Royal Bank of Scotland (RBS) is selling a whopping $23.7 billion in new stock. This will no doubt dilute existing shareholder value, reflected by a 5.7% dip in London trading today. Meanwhile, a choppy earnings season rolls on, as Texas Instruments, the second largest semiconductor maker in the U.S., guided below consensus estimates.

DII

noreply@blogger.com (striker) — Tue, 22 Apr 2008 15:53:00 +0000

NSE and BSE 22-APR-2008 DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Buy Value: 1048.15, Sell Value: 1167.69, Net Value: -119.54