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BSE Mid-Cap Index Arrives At New Crest

BSE SensexThe BSE Mid-Cap Index has made fresh all-time highs during this intermediate uptrend. It augmented 33.71 points, or 0.53%, to end at 6,417.90. It also hit a record high of 6435.32 during the day.
The components taking the BSE Mid-Cap Index to an upper rank include Entertainment Network, which increased 20% to Rs 506.60, Novartis India gained 14.42% to Rs 398.30, Honeywell Automation boosted 9.81% to Rs 2060, Lakshmi Energy benefited 9.19% and Titan Industries attained 8.78%. But all these stocks have less than 1% weightage each in the BSE Mid-Cap index.
With the second highest weightage of 1.4% in the BSE Mid-Cap index, GE shipping Company cast off 3.45% to Rs 335.90.

Bonus Issue Plan Excels Suraj Stainless

In afternoon tradeSuraj Stainless Ltd., Suraj Stainless jumped 1.54% to Rs 366.25 after its directors suggested a liberal 2:1 bonus. The company made this declaration during the trading hours.

During the day, the scrip touched an intraday high of Rs 374 and an intraday low of Rs 342.70. There were 2.26 lakh shares for trading on the BSE. During the past one quarter, the scrip has an average daily volume of 18,039. At its existing rate of Rs 366.25, the scrip trades at a PE multiple of 20.80 that is based on its year ended March 2007 EPS of Rs 17.60.

Rupee At One-week Low Vs. US Dollar

CurrencyOn the back of continued buying by importers and surmised intervention by the Central Bank, t

Shekhawat Files Nomination For President Seat

Vice President Vice President Bhairon Singh ShekhawatBhairon Singh Shekhawat filed his nomination for the presidential election on Monday. He would be challenging as an Independent contender supported by the National Democratic Alliance, minus the Shiv Sena and the Jammu and Kashmir Panthers Party.
Along with former prime minister Atal Bihari Vajpayee, leader of Opposition in the Lok Sabha L K Advani, Bharatiya Janata Party president Rajnath Singh, Jaswant Singh, Sushma Swaraj, and host of other leaders Mr. Shekhawat submitted two sets of nomination documents to Returning Officer P.D. Achary at Parliament House.

Jet Airways Is Weathering The Storm – Sudarshan Sukhani

Technical Analyst, Technical Analyst Sudarshan SukhaniSudarshan Sukhani is of the view that investor should hold up Jet Airways stock as it has expectations to rise.
Sukhani stated that it is rising from a long-term bear market. It has really emerged of that, and established a large base, and presently it’s moving in the up-ward direction.

Jet Airways Is Weathering The Storm – Sudarshan Sukhani

Jet AirwaysTechnical Analyst, Sudarshan Sukhani is of the view that investor should ho

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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.