Reliance Energy Can Touch Rs 900 - Ashwani Gujral

Reliance EnergyAccording to Technical Analyst Ashwani Gujral, Reliance Energy can surely touch Rs 900. He suggests investors to hold the stock for hefty gains within few months.

Gujral told, “Hindalco remained a weak sort of metals stock and it’s probably in a range of Rs 145 to about Rs 185. Metals overall have weakened, commodity prices have taken ahead because of all of this.”

Lowering Of Depository Rates Increases Operator Interest In SBI

After declaring State Bank of Indiaa cut in interest rates on one-two year deposits to 8% from 8

ITC Can Test Rs 201 Above Rs 184 - Anil Manghnani

Anil ManghnaniAnil Manghnani of Modern Shares & Stock Brokers is of the view that above Rs 184, ITC can test Rs 201.

Simplex Projects Ends With 47% Premium

Today the equity shares of Kolkata-based integrated infrastructure player Simplex Projects were listed at Rs 323.75 or 75% premium to its issue price of Rs 185 on the BSE.

During the day, the scrip touched an intraday high of 323.75 and low of 266.70. Lastly, the company’s shares closed at Rs 272.05, an increase of 47%.

There were 6,719.672 shares for trading on the BSE counter.

DLF Looks Levelheaded - Sharmila Joshi

Sharmila JoshiDLF group of Asit C Mehta is of the vision that DLF is looking sensible at this heigh

High On Fuel, Tata Steel Rolls Down

Tata SteelShares of India's top private steel maker, Tata Steel had recovered from an early 3.3% decrease and was down just 0.71% to Rs 647.90 at 15:01 IST after it signed up an agreement with Australian firm Riversdale to get hold of a 35% stake in its Mozambique coal project.

On Bombay Stock Exchange, 5.11 lakh shares of the scrip were traded on the counter today. In the last three months, the average daily volume of the scrip stood at 8.98 lakh shares.

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