Copy Of Dec 3rd 09 Oxyzen Market Report
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www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
December 03rd, 2009 BSE LIVE
17,185.68
+15.77
+0.09% NSE
5,131.70
+8.45
+0.16%
It was a choppy session for the market that erased the morning gains and ended flat on account of profit booking. Sensex shut shop at 17185, up 15 points and Nifty at 5131, up 8 points from the previous close. CNX Midcap index was up 0.59% and BSE Smallcap index was up 0.92%. The market breadth was positive with advances at 747 against declines of 528 on the NSE. Top Nifty gainers included Cipla, Ranbaxy and Reliance Power while losers 4:03 PM||It w as a
were Tata Motors, IDFC and Suzlon. Buy DLF around Rs 325 with target of Rs 1000 in 3-4 years, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is 3:59 PM||Buy
currently trading at Rs 383, down 0.17% on the BSE. Buy UltraTech Cement with target of Rs 1100-1200, says Hormuz Maloo of Geojit BNP Paribas on NDTV Profit. The 3:58 PM||Buy
stock is currently trading at Rs 841, up 0.79% on the BSE. Buy RNRL with a target of Rs 85-90 and stop loss of Rs 67, says Somil Mehta of Sharekhan on CNBC Awaaz. 3:57 PM||Buy
The stock is currently trading at Rs 72, up 1.9% on the BSE. Hold Jet Airways with a target of Rs 635 where one can exit, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The fundamentals for this sector continue to be under pressure; it's a technical bounce for now, he feels. The stock is currently trading at Rs 592, up 10% on the BSE. The Dubai crisis may have been a blip, but global recovery and excellent GDP numbers have been a good sentiment boost to our market, says Shahina Mukadam, market expert, on Zee Business. But valuations do look a little stretched and market will see profit booking at higher levels, she adds. Nifty is likely to consolidate around 4800-5200 levels for some time and see a convincing upmove only around March 2010, she adds The market will see profit booking at higher levels, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Tomorrow being Friday, traders would be cautious and not buy in huge volumes, he feels. If international cues are positive, and Nifty sustains above 5190 then on can buy for a further upside, he adds. He top trading pick is RIL also good for the long term T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
The market ended flat with lot of volatility and profit booking. Sensex closed at 17158, down 11 points (provisional) and Nifty at 5122, down 1 point (provisional) from the previous close. CNX Midcap index was up 0.57% and BSE Smallcap index was up 0.87%. The market breadth was positive with advances at 761 against declines of 513 on the NSE. 3:35 PM||The mark
MARKET DATA SENSEX
17185.68
15.77
5131.7
8.45
10452.68
-18.9
Nasdaq
2185.03
9.22
FTSE
5350.17
22.78
Nikkei 225
9977.67
368.73
Hang Seng
22553.87
264.3
Nifty 50 Dow Jones
Top Gainers & Losers Top Gainers
Top Losers
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Company (Group A)
Price (Rs)
Call: (79) 27553072/73
% Change
Email: [email protected]
Company (Group A)
Price (Rs)
% Change
134.75
-4.4
705.4
-3.34
Jet Airways
598.2
11.3
IndiabullsFinServi ce
Jubilant Organosys
347.7
9.81
Tata Motors Ltd.
Hind. Zinc
1,235. 95
7.16
Piramal Healthcare L
400.95
-3.27
United Spirits Ltd.
1,391. 10
7.06
Thermax Limited
585.85
-2.8
Ranbaxy Labs.
511.05
5.67
IRB Infrastructure D
248.5
-2.72
Markets News
➢ Unitech up 3.5%, adds 45 lakh shares in OI ➢
➢ ➢ ➢ ➢ ➢ ➢
➢ ➢
➢ ➢
The stock futures have seen addition of over 2 crore shares today and the put call ratio (PCR) has been moving up reports CNBC-TV18's Varinder Bansal. Unitech is up 3.5% with a good build-up of nearly European markets trading higher; CAC, DAX up At 3: 48 pm (IST), European markets were trading higher. CAC 40 was up 0.99% or 37.65 points at 3,833.57. DAX added 0.86% or 49.84 points at 5,831.52. FTSE 100 rose 0.56% or 29.85 points at 5,357.24.. Sensex closes flat; SBI, metals up, FMCG, ICICI Bk dip The Sensex wiped out early gains in the last of hour trade and closed on a flat note for the second consecutive day, after a volatile trade. It shrugged off positive global cues. Traders were cautious Sensex erases early gains; FMCG, ICICI Bk, Infy, L&T drag At 14:40 hours IST - the Sensex was trading off its day's high, as private banking and FMCG stocks, and stocks like Infosys, Tata Motors, SAIL, L&T, Hero Honda, Suzlon Energy and DLF were seeing selli Nifty inches towards 52-wk high; ADAG stocks shine At 13.40 hrs IST, The Nifty extended gains and was near to its intermediate high of 5181.95. Buying was seen in almost all the sectors; oil & gas, banking, telecom, metal and select technology stocks Angel Broking positive on Auto Sector Angel Broking has come out with its research report on Auto sector. The research firm remain positive on the Indian Auto Sector. However, most of the Auto stocks have registered a sharp run up in the
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
➢ See rupee stabilising at 46-46.50/dollar level: UBS In an exclusive interview with CNBC-TV18, Bhanu Baweja, Head of Research and EM Strategy, UBS, speaks about the currency market and his outlook for the Indian rupee going forward.... ➢ Bharti Shipyard excellent bet for long-term: Sanju Verma ➢ In an interview with CNBC-TV18, Sanju Verma, CEO-Institutional Business of Proactive Universal Group, spoke about her reading of the market and her outlook.... ➢ Sensex northbound; ACC, Hindalco, Grasim, Cipla top gainers ➢ At 11.57 hrs IST, continuous buying in oil & gas, banking, technology, cement, realty, metal and select infrastructure stocks was helping the Sensex to maintain early gains. However, selling in Tata ➢ See no arbitrage opportunity for Edelweiss: Experts ➢ In an interview with CNBC-TV18, SP Tulsian of sptulisan.com and Siddharth Shah, Head–Funds Practice Group at Nishith Desai and Associates spoke about the Great Offshore takeover saga and its ramificat ➢
Stocks News
➢ Mphasis has target of Rs 830-840: Baliga ➢
Mphasis has target of Rs 830-840, says Ambareesh Baliga, Karvy Stock Broking....
➢ Bharti Shipyard looks expensive: Baliga ➢
Bharti Shipyard looks expensive, says Ambareesh Baliga, Karvy Stock Broking....
➢ Jindal Power IPO likely by Jan 2010: Naveen Jindal ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢
Naveen Jindal, Executive Vice Chairman and Managing Director, Jindal Steel and Power announced that the Jindal Power initial public offer (IPO) was likely by January 2010 and that he aimed to raise US Avoid Tata Elxsi, says Akshata Deshmukh Ignore Tata Elxsi, says Akshata Deshmukh, Sr Research Analyst, Networth Stock Broking.... NIIT Technologies can touch Rs 220: Deshmukh NIIT Technologies can touch Rs 220, says Akshata Deshmukh, Sr Research Analyst, Networth Stock Broking.... Usha Martin can test Rs 89-90: Akshata Deshmukh Usha Martin can test Rs 89-90, says Akshata Deshmukh, Sr Research Analyst, Networth Stock Broking.... Reliance Comm top gainers on the Sensex Reliance Communications was quoting at Rs 179, up Rs 4.10, or 2.34%. It has touched an intraday high of Rs 180.95 and an intraday low of Rs 175.10.... Cipla makes smart gains Cipla touched a 52-week high of Rs 344.80. At 3:10 pm, the share was quoting at Rs 344.50, up Rs 13.40, or 4.05%. It was trading with volumes of 994,230 shares. Yesterday the share closed up 0.73% or Ranbaxy Laboratories in good health
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
Ranbaxy Laboratories touched a 52-week high of Rs 508. At 2:57 pm, the share was quoting at Rs 506, up Rs 22.35, or 4.62%. It was trading with volumes of 731,974 shares. Yesterday the share closed up ➢ Piramal Health approves fund raising up to Rs 1000cr ➢ Piramal Healthcare board has approved fund raising up to Rs 1,000 crore, reports CNBC-TV18. It touched an intraday high of Rs 421.70 and an intraday low of Rs 396.90. At 2:49 pm, the share was quoting ➢
Business News
➢ Unitech Wireless not to join national 3G auction ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢
Unitech Wireless, which on Thursday launched mobile services with Telenor, will not participate in national auction of 3G mobile frequency, the president and chief executive of the Norwegian telecom f Banks' short-term borrowing costs seen rising Banks will have to pay more for short-term borrowing in December as concern of liquidity tightening by the central bank and higher supply as banks seek to narrow asset-liability mismatches ahead of th Unitech Wireless eyes 8% market share by 2018 Unitech Wireless, which on Thursday launched mobile services with Norwegian telecom firm Telenor, is aiming for 8% market share by 2018, Managing Director Stein-Erik Vellan said.... Abu Dhabi bank comments on Dubai, grows in Asia National Bank of Abu Dhabi (NBAD) on Thursday said it will continue to invest in Dubai but with caution, as it embarks on an expansion across Asia.... Bharti Airtel says foreign buys still on hold Bharti Airtel's overseas acquisition plans are still on hold, its chief executive said on Thursday.... Mahindra Satyam jumps on JPMorgan upgrade: Dealers Shares in outsourcer Mahindra Satyam jumped as much as 9.6% on Thursday after JPMorgan upgraded the stock to overweight from neutral, dealers said.... ICICI Bank plans to raise $270m in bonds: Sources ICICI Bank, India's second-largest bank, plans to raise around Rs 12.5 billion (USD 270 million) via a bond sale that opens on Thursday, two sources with direct knowledge of the deal said.... Dubai crisis will not impact India: Unitech In an interview with CNBC-TV18, Sanjay Chandra, Chairman of Unitech spoke about the company's telecom venture and the road ahead. ... RBI may revise upwards FY10 growth f`cast
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
The Reserve Bank of India (RBI) is likely to revise upwards growth forecasts for 2009/10 when it reviews policy in January and monetary action may be needed if inflation accelerates, senior officials ➢ Expect to be virtually zero debt by end of Dec: K Sera Sera ➢ Film production company K Sera Sera has allotted 45.6 lakh shares, pursuant to conversion to Yes Bank at Rs 18.94. The total amount allotted is Rs 8.65 crore. In an interview with CNBC-TV18, Sanjay Gu ➢
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
Call: (79) 27553072/73
Email: [email protected]
December 03rd, 2009 BSE LIVE
17,185.68
+15.77
+0.09% NSE
5,131.70
+8.45
+0.16%
It was a choppy session for the market that erased the morning gains and ended flat on account of profit booking. Sensex shut shop at 17185, up 15 points and Nifty at 5131, up 8 points from the previous close. CNX Midcap index was up 0.59% and BSE Smallcap index was up 0.92%. The market breadth was positive with advances at 747 against declines of 528 on the NSE. Top Nifty gainers included Cipla, Ranbaxy and Reliance Power while losers 4:03 PM||It w as a
were Tata Motors, IDFC and Suzlon. Buy DLF around Rs 325 with target of Rs 1000 in 3-4 years, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is 3:59 PM||Buy
currently trading at Rs 383, down 0.17% on the BSE. Buy UltraTech Cement with target of Rs 1100-1200, says Hormuz Maloo of Geojit BNP Paribas on NDTV Profit. The 3:58 PM||Buy
stock is currently trading at Rs 841, up 0.79% on the BSE. Buy RNRL with a target of Rs 85-90 and stop loss of Rs 67, says Somil Mehta of Sharekhan on CNBC Awaaz. 3:57 PM||Buy
The stock is currently trading at Rs 72, up 1.9% on the BSE. Hold Jet Airways with a target of Rs 635 where one can exit, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The fundamentals for this sector continue to be under pressure; it's a technical bounce for now, he feels. The stock is currently trading at Rs 592, up 10% on the BSE. The Dubai crisis may have been a blip, but global recovery and excellent GDP numbers have been a good sentiment boost to our market, says Shahina Mukadam, market expert, on Zee Business. But valuations do look a little stretched and market will see profit booking at higher levels, she adds. Nifty is likely to consolidate around 4800-5200 levels for some time and see a convincing upmove only around March 2010, she adds The market will see profit booking at higher levels, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Tomorrow being Friday, traders would be cautious and not buy in huge volumes, he feels. If international cues are positive, and Nifty sustains above 5190 then on can buy for a further upside, he adds. He top trading pick is RIL also good for the long term T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
The market ended flat with lot of volatility and profit booking. Sensex closed at 17158, down 11 points (provisional) and Nifty at 5122, down 1 point (provisional) from the previous close. CNX Midcap index was up 0.57% and BSE Smallcap index was up 0.87%. The market breadth was positive with advances at 761 against declines of 513 on the NSE. 3:35 PM||The mark
MARKET DATA SENSEX
17185.68
15.77
5131.7
8.45
10452.68
-18.9
Nasdaq
2185.03
9.22
FTSE
5350.17
22.78
Nikkei 225
9977.67
368.73
Hang Seng
22553.87
264.3
Nifty 50 Dow Jones
Top Gainers & Losers Top Gainers
Top Losers
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Company (Group A)
Price (Rs)
Call: (79) 27553072/73
% Change
Email: [email protected]
Company (Group A)
Price (Rs)
% Change
134.75
-4.4
705.4
-3.34
Jet Airways
598.2
11.3
IndiabullsFinServi ce
Jubilant Organosys
347.7
9.81
Tata Motors Ltd.
Hind. Zinc
1,235. 95
7.16
Piramal Healthcare L
400.95
-3.27
United Spirits Ltd.
1,391. 10
7.06
Thermax Limited
585.85
-2.8
Ranbaxy Labs.
511.05
5.67
IRB Infrastructure D
248.5
-2.72
Markets News
➢ Unitech up 3.5%, adds 45 lakh shares in OI ➢
➢ ➢ ➢ ➢ ➢ ➢
➢ ➢
➢ ➢
The stock futures have seen addition of over 2 crore shares today and the put call ratio (PCR) has been moving up reports CNBC-TV18's Varinder Bansal. Unitech is up 3.5% with a good build-up of nearly European markets trading higher; CAC, DAX up At 3: 48 pm (IST), European markets were trading higher. CAC 40 was up 0.99% or 37.65 points at 3,833.57. DAX added 0.86% or 49.84 points at 5,831.52. FTSE 100 rose 0.56% or 29.85 points at 5,357.24.. Sensex closes flat; SBI, metals up, FMCG, ICICI Bk dip The Sensex wiped out early gains in the last of hour trade and closed on a flat note for the second consecutive day, after a volatile trade. It shrugged off positive global cues. Traders were cautious Sensex erases early gains; FMCG, ICICI Bk, Infy, L&T drag At 14:40 hours IST - the Sensex was trading off its day's high, as private banking and FMCG stocks, and stocks like Infosys, Tata Motors, SAIL, L&T, Hero Honda, Suzlon Energy and DLF were seeing selli Nifty inches towards 52-wk high; ADAG stocks shine At 13.40 hrs IST, The Nifty extended gains and was near to its intermediate high of 5181.95. Buying was seen in almost all the sectors; oil & gas, banking, telecom, metal and select technology stocks Angel Broking positive on Auto Sector Angel Broking has come out with its research report on Auto sector. The research firm remain positive on the Indian Auto Sector. However, most of the Auto stocks have registered a sharp run up in the
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
➢ See rupee stabilising at 46-46.50/dollar level: UBS In an exclusive interview with CNBC-TV18, Bhanu Baweja, Head of Research and EM Strategy, UBS, speaks about the currency market and his outlook for the Indian rupee going forward.... ➢ Bharti Shipyard excellent bet for long-term: Sanju Verma ➢ In an interview with CNBC-TV18, Sanju Verma, CEO-Institutional Business of Proactive Universal Group, spoke about her reading of the market and her outlook.... ➢ Sensex northbound; ACC, Hindalco, Grasim, Cipla top gainers ➢ At 11.57 hrs IST, continuous buying in oil & gas, banking, technology, cement, realty, metal and select infrastructure stocks was helping the Sensex to maintain early gains. However, selling in Tata ➢ See no arbitrage opportunity for Edelweiss: Experts ➢ In an interview with CNBC-TV18, SP Tulsian of sptulisan.com and Siddharth Shah, Head–Funds Practice Group at Nishith Desai and Associates spoke about the Great Offshore takeover saga and its ramificat ➢
Stocks News
➢ Mphasis has target of Rs 830-840: Baliga ➢
Mphasis has target of Rs 830-840, says Ambareesh Baliga, Karvy Stock Broking....
➢ Bharti Shipyard looks expensive: Baliga ➢
Bharti Shipyard looks expensive, says Ambareesh Baliga, Karvy Stock Broking....
➢ Jindal Power IPO likely by Jan 2010: Naveen Jindal ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢
Naveen Jindal, Executive Vice Chairman and Managing Director, Jindal Steel and Power announced that the Jindal Power initial public offer (IPO) was likely by January 2010 and that he aimed to raise US Avoid Tata Elxsi, says Akshata Deshmukh Ignore Tata Elxsi, says Akshata Deshmukh, Sr Research Analyst, Networth Stock Broking.... NIIT Technologies can touch Rs 220: Deshmukh NIIT Technologies can touch Rs 220, says Akshata Deshmukh, Sr Research Analyst, Networth Stock Broking.... Usha Martin can test Rs 89-90: Akshata Deshmukh Usha Martin can test Rs 89-90, says Akshata Deshmukh, Sr Research Analyst, Networth Stock Broking.... Reliance Comm top gainers on the Sensex Reliance Communications was quoting at Rs 179, up Rs 4.10, or 2.34%. It has touched an intraday high of Rs 180.95 and an intraday low of Rs 175.10.... Cipla makes smart gains Cipla touched a 52-week high of Rs 344.80. At 3:10 pm, the share was quoting at Rs 344.50, up Rs 13.40, or 4.05%. It was trading with volumes of 994,230 shares. Yesterday the share closed up 0.73% or Ranbaxy Laboratories in good health
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
Ranbaxy Laboratories touched a 52-week high of Rs 508. At 2:57 pm, the share was quoting at Rs 506, up Rs 22.35, or 4.62%. It was trading with volumes of 731,974 shares. Yesterday the share closed up ➢ Piramal Health approves fund raising up to Rs 1000cr ➢ Piramal Healthcare board has approved fund raising up to Rs 1,000 crore, reports CNBC-TV18. It touched an intraday high of Rs 421.70 and an intraday low of Rs 396.90. At 2:49 pm, the share was quoting ➢
Business News
➢ Unitech Wireless not to join national 3G auction ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢ ➢
➢
Unitech Wireless, which on Thursday launched mobile services with Telenor, will not participate in national auction of 3G mobile frequency, the president and chief executive of the Norwegian telecom f Banks' short-term borrowing costs seen rising Banks will have to pay more for short-term borrowing in December as concern of liquidity tightening by the central bank and higher supply as banks seek to narrow asset-liability mismatches ahead of th Unitech Wireless eyes 8% market share by 2018 Unitech Wireless, which on Thursday launched mobile services with Norwegian telecom firm Telenor, is aiming for 8% market share by 2018, Managing Director Stein-Erik Vellan said.... Abu Dhabi bank comments on Dubai, grows in Asia National Bank of Abu Dhabi (NBAD) on Thursday said it will continue to invest in Dubai but with caution, as it embarks on an expansion across Asia.... Bharti Airtel says foreign buys still on hold Bharti Airtel's overseas acquisition plans are still on hold, its chief executive said on Thursday.... Mahindra Satyam jumps on JPMorgan upgrade: Dealers Shares in outsourcer Mahindra Satyam jumped as much as 9.6% on Thursday after JPMorgan upgraded the stock to overweight from neutral, dealers said.... ICICI Bank plans to raise $270m in bonds: Sources ICICI Bank, India's second-largest bank, plans to raise around Rs 12.5 billion (USD 270 million) via a bond sale that opens on Thursday, two sources with direct knowledge of the deal said.... Dubai crisis will not impact India: Unitech In an interview with CNBC-TV18, Sanjay Chandra, Chairman of Unitech spoke about the company's telecom venture and the road ahead. ... RBI may revise upwards FY10 growth f`cast
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
www.oxyzen.co.in
Call: (79) 27553072/73
Email: [email protected]
The Reserve Bank of India (RBI) is likely to revise upwards growth forecasts for 2009/10 when it reviews policy in January and monetary action may be needed if inflation accelerates, senior officials ➢ Expect to be virtually zero debt by end of Dec: K Sera Sera ➢ Film production company K Sera Sera has allotted 45.6 lakh shares, pursuant to conversion to Yes Bank at Rs 18.94. The total amount allotted is Rs 8.65 crore. In an interview with CNBC-TV18, Sanjay Gu ➢
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat, India – 380013. + 91 (79) 27553072-75. Customer Service Nos.: +91 98254 75064. www.oxyzen.co.in http://oxyzenfinancial.blogspot.com Mutual Funds – Equities - Fixed Deposits - Bonds – Postal Schemes - Structured/Portfolio Mgt Products – Life Insurance – Car /Health / Motor / Travel Insurance – Corporate Treasure – Estate Planning - Online Investing
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