Company News

Market May Remain Volatile – Ashwani Gujral

Ashwini GujralThe stock market (BSE) has followed the same volatile pattern once more. It remains strong throughout the week, and analysts have suggested a strong resistance level at 14595.
The support for the Sensex is at 14425, and the resistance to the up move at 14526-14540-14584-14594. On the other hand, the support for the Nifty is at 4236 and resistance to the up move at 4286-4290-4322.
According to Ashwani Gujral the Nifty would trade in a higher place at 4,300, before any major rectification kicks in.

Government Approves Grindwell’s Bhutan JV Deal

Grindwell Norton Grindwell Norton LtdLtd has declared that the Company has formed a Joint Venture group in Bhutan in

Development Credit Bank will see new highs: Ashwani Gujral

Technical AnalystDevelopment Credit Bank, Ashwani Gujral is of the opinion that beyond Rs 120, Development Credit Bank (DCB) will surely touch Rs 150.

Mr. Ashwani Gujral stated that UTI Bank and Kotak Mahindra Bank have been favorite stocks for a long time. Now Kotak Mahindra Bank is set for levels of around Rs 650. UTI Bank is plausibly headed in the direction of Rs 800.

Nifty June 2007 Futures At Marginal Cut-Rate

The Nifty June 2007 futures settled at 4242, a discount of 6.65 as against spot closing of 4248.65

Cadila Healthcare Mounts On back of Fund Raising Plan

Cadila HealthcareZydus Cadila Healthcare’s stock jumped 4.76% to Rs 363.30 on the B

Tata Tea In JV Deal With Zhejiang Tea

Tata TeaTata Tea has signed up a joint venture deal with Zhejiang Tea Import and Export Company of Pe

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