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  • FOREIGN FUNDS NET BUY RS.776 CR ($158 MN) IN EQUITIES ON JULY 8
  • CNX MIDCAP INDEX UP 0.95%, BSE SMALLCAP INDEX DOWN 0.1%
  • SENSEX ENDS VOLATILE SESSION MARGINALLY LOWER, CLOSES DOWN 11 PTS
  • SHAREHOLDERS APPROVES FUND RAISING WORTH RS.500 CR
  • TO SPEND RS.16.72 CR TO BUYBACK SHARES
  • BOARD APPROVES 10% BUYBACK OF SHARES; MAX PRICE AT RS.143/SHARE
  • MAINTAINS NEGATIVE OUTLOOK FOR INDIAN AUTO SUPPLIERS
  • MARUTI SEEKS RS.9000/TN CUT IN STEEL PRICES IN FY'10: NW
  • PUNJ LLOYD ARM RECEIVES ORDER WORTH RS.1210 CR
  • 366 JOBS ARE IDENTIFIED AS BEING AT RISK AT THE SCUNTHORPE PLANT
  • CONTINUES WITH GBP 125 BN ASSET PURCHASE PROGRAM
  • KEEPS BENCHMARK INTEREST RATE UNCHANGED AT 0.5%
  • INDIA JUNE 1-JULY 8 RAINFALL 36% BELOW NORMAL: NW
  • INDIA JULY 2 - JULY 8 RAINFALL 8% BELOW NORMAL: NW
  • Stock moves on WAP: Logon to mobile.ndtv.com on GPRS browser
  • SMS INDEX to 56388 for live market updates
  • Finance buzz: Logon to mobile.ndtv.com on GPRS browsers
  • Stock updates: SMS STO followed by scrip name to 56388
  • For Kingfisher Airlines flight updates sms KING to 56388
  • CORUS TO CUT 400 JOBS AT SCUNTHORPE PLANT: SKY NEWS
  • AMOUNT DEMANDED BY GOVT 'NOT TENABLE AND SUSTAINABLE'
  • GETS DEMAND NOTIFICATION FROM GOVT FOR RS.64.39CR FOR SALBUTAMOL DRUG
  • CORUS TO CUT 4000 JOBS AT SCUNTHORPE PLANT: SKY NEWS
  • AZIM PREMJI MAY BE APPROACHED TO BE A DIRECTOR
  • SAM PITRODA, TCS'S RAMADURAI TO BE PART OF INDEPENDENT AIR INDIA BD OF DIR
  • THE FIRST HEADS TO ROLL IN AIR INDIA WILL BE THE TOP MGMT, NOT STAFF
  • BAILOUT FOR AIR INDIA TO COST OVER RS.4,000 CRORE: PRAFUL PATEL
  • BOE IS EXPECTED TO KEEP INT RATES UNCHANGED AT RECORD LOW OF 0.5%
  • UBS INCREASES OIL PRICE TARGET FOR 2009 TO $70/BBL FROM $51/BBL
  • MERRILL LYNCH RAISES CRUDE TARGET TO $58.50/BBL IN 2009 VS $52/BBL EARLIER
Updated: 18/06/09 | 04:05 PM IST
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Ashuu Kakkarr
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The funds raised through preferential allotment of shares will get pumped back into the company so I suggest the investors hold the stock
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The stock has support at Rs 75
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