"123 Sensex" - 5 new articles
Today's Hot News from the market
NHPC IPO to hit market by July.
Simplex Projects Upper Circuit - Wins order worth 203 crores. Gammon Infra hits Upper Circuit - wins order worth 861 crore. IVRCL Infra bagged order worth 299 crore. Brought to you by 123Network - http://123net.blogspot.com  BSE Holidays 2009 / NSE Holidays 2009
Source - Chittorgarh.com Brought to you by 123Network - http://123net.blogspot.com  Oil India IPO may hit the market before September 10th this year
Oil India IPo may hit the market before september 10th 2009 , the reason is if they go public before september 10th 2009 , they dont need to file for DRHP again , They might raise almost 400-500 million dollar through IPO.
I'll invest to the full capacity. Will you too? Source - Rupya.com Brought to you by 123Network - http://123net.blogspot.com  And finally a correction
Markets ended sharply lower after consolidating in the last two sessions. A correction was due as the markets had run up quite significantly in the last two and a half months. Heavyweights witnessed huge selling pressure ahead of F&O expiry on Thursday. The BSE Sensex finally closed 323.99pts or 2.33% lower at 13,589.23. The Nifty shed 120.85pts or 2.85% to settle at 4,116.7. Broad market indices lost more. While the BSE Midcap index ended 3.4% lower, the BSE Small Cap index lost 3.12%. This explains the negative market breadth as A/D ratio was 0.91:1 on the BSE. Barring the BSE IT index, all the sectoral indices ended lower. The top losers were the BSE Realty, Bankex, Capital goods and Consumer Durables indices. The top losers from the BSE-30 were RCom, Ranbaxy, Tata motors, NTPC and ICICI Bank. The top gainers were Hindalco, Infosys, Wipro and Sterlite. With the markets correcting today, we recommend a cautious approach on fresh longs as there is a strong possibility that the markets may fall further Source - HDFCSEC
Brought to you by 123Network - http://123net.blogspot.com  UBS raises India's 2009-10 GDP forecast to 6.2%
Foreign investment bank UBS in its latest report said India's economy may grow at 6.2% in 2009-10, revising its estimate of 5.2% growth, citing lower interest rates, smaller excess capacity and a fall in risk aversion. The Reserve Bank of India has recently forecast growth at about 6%. In the previous three fiscal years, the economy expanded at or more than 9%. Industrial output could pick up in a limited way to 5-8% in the fiscal year ending in March 2010, from 2.4% in the past year but move decisively above 10% in 2010/11, UBS said. Powered by Capital Market - Live News Brought to you by 123Network - http://123net.blogspot.com  More Recent Articles |
