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Two of the world's largest mobile operators, China Mobile and India's Bharti Airtel, are eyeing global acquisitions, underlining a shift in momentum in the sector from developed operators to cash-rich companies from emerging markets read more
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According to Karvy Stock Broking's Technical Analysis report, the indices may find support around 90008700/27502700 levels for the day. read more
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Indian companies could buy back foreign currency convertible bonds worth $19bn after a central bank move to ease pressure on the rupee read more
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S Hariharan of Quant Broking expects a retest of recent lows. Around 2,1002,200 seems to be the top of the 16year channel that has been forming since 1992. From a technical standpoint, we should be retesting those lows. He feels the market will bottom out in about sixnine months before economic news turns bad. read more
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According to Anand Rathi Securities' report, the support levels for the Sensex are at 9020 followed by 8748. The resistance levels to watch would be 9499 followed by 9707. read more
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Sugar stocks are in focus today, especially UP sugar mills, ahead of allahabad court hearing on cane pricing. Airline stocks are trading weak. There are volume buzzers in today's trade as well. Shasun chemicals lost nearly 10% on high volumes. Mysore cements fell 8% on good volumes. read more
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The launch of the A-Star may be just what the doctor prescribed for Maruti Suzuki in the present scenario. Placed at the upper end of the compact (A2) segment, the A-Star could well revive the company’s flagging domestic volumes in this read more
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S Ranganathan of LKP Shares feels that people should invest in sectors such as construction, infrastructure space and engineering because their second quarter numbers have seen quite a good growth in earnings. read more
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Today's rally is largely led by short covering. Reliance Industries (RIL) is holding on since morning trade; few long only funds have been buyer for past few days. read more
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Mumbai, Nov. 18 Aloula Geojit Brokerage Company, the recently established joint venture between Geojit Financial Services and Saudi Arabia’s Al Johar group, said it had started executing trades on Saudi Arabia’s stock Exchange, read more
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According to SKP Securities' Technical Analysis report, Nifty has its support at 2525 and resistance at 2980. Corresponding levels for sensex are 8700 and 9330/9417. read more
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Ashu Madan of Religare Securities said that investment climate was not conducive. He advises clients to buy into market volatility. He feels that only short positions have a meaningful impact on the markets. read more
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