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  • Call us at 011-26201171
  • CALL US AT 011-26201171
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  • OPEN MARKET OPERATIONS OF RBI ARE A PART OF REGULAR LIQUIDITY MANAGEMENT
  • STEEL MINISTRY FORMS COMMITTEE TO RESTRUCTURE PSU'S LIKE MSTC, KIOCL
  • STEEL MINISTRY FORMS COMMITTEE TO RESTRUCTURE PSU'S
  • TO TALK TO PM ON IRON ORE EXPORTS
  • CRUDE FALLS BELOW $60/BBL FOR THE 1ST TIME SINCE MAY ON ECONOMIC JITTERS
  • CIC ISSUED AN ORDER AGAINST SEBI IN THE MATTER ON JUN 26, 2009
  • BHOJ RAJ SAHU ASKED FOR LIST OF SHAREHOLDERS OF ALL DELISTED COS
  • CIC ORDER FAVOURING BHOJ RAJ SAHU ASKED FOR DATA ON DELISTED COS
  • CHALLENGES CENTRAL INFORMATION COMMISSION'S ORDER ON RTI
  • CRUDE FALLS BELOW $60/BBL ON THURSDAY ON ECONOMIC JITTERS
  • SEEKS RS.9000/TN CUT IN STEEL PRICES IN FY'10: NW
  • SENIOR MGMT CHANGES TO HELP IN POSITIONING THE COMPANY IN FUTURE
  • TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
  • TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
  • DISCOVER 100CC NOT TO REPLACE PLATINA 100, NOT AN ENTRY LEVEL BIKE
  • TO LAUNCH 100CC DISCOVER, POSITIONING 100 CC BIKE AS A 'LONG DISTANCE BIKE'
  • SEBI WANTS MIN 26% FREE FLOAT, FM TO GIVE TIME FOR IMPLEMENTATION: SRCS
  • APPOINTS INVST BANKS FOR FUND RAISING EXERCISE, PLANS TO RAISE $400MN: SRCS
  • FUND RAISING LARGELY TO REDUCE DEBT TO RS.7000 - 8000 CR
  • SUZLON PLANS TO RAISE $400MN: SOURCES
  • SUZLON APPOINTS INVESTMENT BANKS FOR FUND RAISING EXERCISE: SOURCES
  • LEAD BANKERS INCLUDE CREDIT SUISSE, CITI & DEUTSCHE BANK: SOURCES
  • SUZLON TO RAISE FUNDS VIA GDR OR QIP ROUTE: SOURCES
  • NEED TO REVAMP SAT WILL BE REVIEWED IN THE MEETING: SOURCES
Updated: 06/07/09 | 09:35 AM IST
Market Watch
This budget will not be only financial statements. It will set the first policy direction of the UPA government and define the direction of the market.
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The pension industry is hoping that the next Budget would give more tax benefits to subscribers under the new pension system. The new pension system (NPS) was extended to all citizens from May 1.
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Finance Minister Pranab Mukherjee may on Monday announce recapitalisation of public sector banks to help them meet the credit demand of productive sectors, especially those hit hard by the global financial meltdown.
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The benchmark index advanced in the last trading session before the budget as investors bought into banking and capital goods stocks.
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The key benchmark indices surged in late afternoon deals led by gains in banking, power and capital goods stocks. The rail infra stocks, however, fell sharply after posting early gains.
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The key benchmark indices were trading flat in afternoon deals. The rail stocks had given up some of their early gains after the railway budget was presented.
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The key benchmark indices were flat in the early deals today. While IT, metal and realty stocks were under pressure, some buying interest was seen in pharma and capital goods stocks.
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Major stock indexes fell more than 2.6 percent on Thursday, pushing the Dow Jones industrials to their lowest level in six weeks, after the government said the unemployment rate hit a 26-year high and employers cut far more jobs than expected.
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Despite the Economic Survey calling for sweeping reforms, investors were not enthused as they braced for the budget. The Sensex closed little changed at 14,658, up 13 points, in a volatile session, after trading in the narrow zone of 14,764 to 14,469.
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The markets remained subdued in afternoon trade even as the government tabled the Economic Survey for 2008-09. While metals, oil & gas and pharma stocks gained, IT, auto and capital goods stocks were under pressure.
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Trading Calls
Ashuu Kakkarr
Ashuu Kakkarr
0.95% status
Current: Rs 799.8
Simi Bhaumik
Simi Bhaumik
0.29% status
Current: Rs 715.15
Stock Recos
The funds raised through preferential allotment of shares will get pumped back into the company so I suggest the investors hold the stock
The stock has support at Rs 75