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Daily Stockwatch News
Trading desk INFOSYS Current Price: Rs 3,185, Target Price: Rs 3,250 There is speculative buying ahead of Q2 results. The upside should be till Rs 3,250, maybe till Rs 3,300. Keep a stop at Rs 3,155 and go long. Increase the position between Rs 3,225 and Rs 3,235 and reset the stop to Rs 3,210. Either clear the position at Rs 3,250 or book partial profits and reset the stop to Rs 3,235 if you want to hold till
PSU stocks up 1-7 per cent
The public sector undertaking (PSU) stocks gained between 1 per cent and 7 per cent on reports that the government plans fast-track disinvestment of three firms and aims to complete the process by
Magma Fincorp up 12 per cent
The stock jumped 12 per cent to Rs 204.85, after the foreign institutional investors (fii) bought company’s shares through block deals on BSE and NSE. Citigroup Global Market Mauritius, acquired
M&M surges 2.4 per cent
The stock gained 2.4 per cent to Rs 1,178.15, a lifetime high, after the company announced more than 100 per cent growth in its domestic auto sales for the month of December 2009. The domestic
Dr Reddy's Lab rises 2.3%
The stock jumped 2.3 per cent to Rs 1,204.55 after the company said Phase-III clinical trial for its anti-diabetic molecule balaglitazone achieved the set parameters.
ACC rises 5%
The stock jumped 5 per cent to Rs 913.95 after the company inaugurated a 1.2 million tonne factory at Kudithini village in Karnataka, 16th in the country, on an investment of Rs 370 crore. With |
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