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HDFC Bank Stock Dips Despite Good Q4 Numbers

HDFC BankHDFC Bank declined 1.15% to Rs 1154.70 in afternoon trading in spite of reporting 34.24% increase in net profit in Q1 June 2007.
The quarterly outcomes were declared during the market hours today 10 July 2007.

The scrip hit an intraday high of Rs 1185.95 and an intraday low of Rs 1145.60 during the day. On 28 May 2007, it has had its 52 week high of Rs 1274 and a 52 week low of Rs 693.10 on 19 July 2006.

J&J To Buy Back Shares $10 Billion Worth

Johnson & JohnsonThe world's largest maker of healthcare products – Johnson & Johnson will begin a USD10 b

Vardhman Will Raise $ 10 Million Dollars

VardhmanThe Oswal Group flagship firm Vardhman Polytex announced that the company will raise 10 million dollars through the issue of Foreign Currency Convertible Bonds (FCCBs) in overseas market.

Expansion Project increases investor interest in Vertex Spinning

Vertex Spinning LimitedVertex Spinning climbed up 5.51% to Rs 20.10 in afternoon trading after the company declared that Syndicate Bank had finished evaluation of its planned Rs 512 crore cotton spinning project in Maharashtra. The company made the declaration after the trading hours.

I Have Full Confidence To Win Presidential Election - Pratibha Patil

Pratibha PatilPatna: UPA-Left presidential contender, Pratibha Patil, Tuesday showed assurance about her triumph regardless of the opponent attacks to tarnish her reflection.

While addressing a meeting for her campaigning, she told, “I have faced a number of challanges in the 50 years of my public life. An attempt is being made to besmirch my image, but my commitment to the glorious traditions of democracy and to the people of India remains unshaken.”

BSE Sensex 60 Points Up In Early Trade

Bombay Stock ExchangeThe BSE Sensex or Bombay Stock Exchange Sensitive Index, or more popularly SENSEX surged by over 60 points to scale yet another high of 15,106.25 points in early trade today on sustained buying by funds in heavy-weight stocks.

Closed at 15,045.73 gaining over 81 points yesterday, The BSE-30 share Sensex gathered another 60.52 points to rise to the record intra-session high of 15,106.73 in the first five minutes of trading.

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News in Focus

Mitessh Thakkar: BUY Dixon Technologies, Aurobindo Pharma, HDFC Bank and Lupin

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session.

Sudarshan Sukhani: BUY Jubilant FoodWorks, NMDC, L&T Finance Holdings

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and no SELL Call for today’s trading session.

Deepanshu Bhandari: BUY HCL Technologies, United Breweries, Thermax and Cummins India

Market expert Deepanshu Bhandari has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and the session can be choppy.

Varun Dubey: BUY M&M, JK Paper, Ashok Leyland; SELL Axis Bank

Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session.

Mitessh Thakkar: BUY Raymond, Havells India, NALCO; SELL Bharti Airtel

Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session.

Sudarshan Sukhani: BUY IRCTC, HDFC Bank, Indraprastha Gas

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and no SELL Call for today’s trading session.