MARKETS:

We recommend a ‘sell’ in Biocon for a short-term trading perspective. It is visible from the charts of Biocon that after finding support at its 52-week low of Rs 86 in late November 2008, it began to move up. This up move .DLF retreated witnessing selling pressure in the last trading session. Initiate fresh short-position if the stock declines below Rs 156, with tight stop-loss. Both ICICI Bank and SBI . Analysts say Indian equity will face pain in near-term.
Mumbai, Jan. 29 Over the last three weeks, post the Satyam chief’s confession of an accounting fraud in the company, FIIs have been net sellers of Indian equities for more than $1 .BL Research Bureau Its launch was marked by long queues and application forms that were actually sold in the black market! Morgan Stanley Growth Fund, a close-ended fund launched in February 1994 has recently come up for redemption.
Also to consider using IPEF money for class action suits. Mumbai, Jan. 29 The Board of SEBI, at its meeting on February 2, is likely to discuss the possibility of applying pricing discretion for an open offer for Satyam Computer, in the event of . Mumbai, Jan. 29 EdServ Softsystems, an e-learning company, would be tapping the capital market with an initial public offering of 39.7 lakh equity shares of Rs 10 each. The shares are proposed to be listed on the BSE and NSE. The price will ...


Hyderabad, Jan. 29 Faced with business uncertainty, investigations and cancellation and review of some infrastructure contracts, Maytas Infra Ltd stock continues its downward slide and closed the day at Rs 77.80 at the BSE . Mumbai, Jan. 29 Foreign institutional investor Fidelity has bought more than two crore shares of Satyam Computer in the last two days through the bulk deal . Chennai, Jan. 29 Turnover improved on the settlement day to Rs 51,659.91 crore in the F&O segment on Thursday. The Nifty Jan future closed at 2823.7 against the spot close of 2823.95. However, the Feb future closed at 2789.9, a sharp .