Market Ends The Day On A Sturdy Note

After making healthy opening, the BSE sensitive share index traded in a rangebound mode for most part of the day. Later on, the Sensex attained additional strength as continued buying interest was seen in index pivotals, lastly to end the day on a sturdy note. The stocks from banking, auto and telecom were in the public interest, whereas cement and IT stocks led the declines.

Greenply Industries Weight Increases On Capacity Enhancement

Greenply IndustriesGreenply Industries zoomed 8.17% to Rs 179.50 on booming growth of its l

Refined Q1 Results Fuel CPCL Share Outlook

Chennai Petroleum Corporation Ltd.After reporting an increase of 26.93% in net profit in Q1 June 2007,  Chennai Petroleum Corporation came up 4.32% to Rs 296.95 in afternoon trading. The company declared the quarterly results during the market hours.

At the same time, the BSE 30-share Sensex was up 190.68 points, or 1.27%, to 15,099.

Mukand Gains Strength

Mukand Mukand Ltd.climbed up 4.89% to Rs 88 in early trading on media reports that existing manag

World Bank Lends Extra US$ 65 Mn For APRPRP

World BankNew Delhi: Today, the World Bank sanctioned an added loan of $65 million (Rs 260 crore) to Andhra Pradesh Rural Poverty Reduction Project.

The World Bank said since its beginning in 2003, this programme has thus far bettered the lives of some 5.7 million women.

This added funding will support vital investments in institution and capacity building that will permit community institutions of poor women become sustainable and self-directed.

Market Ends On A Weak Note Despite Firm Trading

Today, the Bombay Stock ExchangeBSE Sensex ended on a flat note after hitting a new high of 1

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News in Focus

Suzlon Energy Share Price Target at Rs 65: ICICI Direct

ICICI Securities has maintained a Buy rating on Suzlon Energy, retaining an unchanged target price of Rs 65, implying 35% upside from the current market price of Rs 48.

Tata Power Share Price Target at Rs 485: ICICI Securities

ICICI Securities has reiterated a Buy rating on Tata Power Company, maintaining a target price of Rs 485, implying 31% upside from the current market price of Rs 371.

CoForge Limited Share Price Target at Rs 1,950: ICICI Securities

ICICI Securities has maintained a Buy rating on Coforge Limited, setting a target price of Rs 1,950, implying a 17% upside from the current market price of Rs 1,669.

Bharat Electronics Share Price Could Reach Rs 530: ICICI Securities Remains Bullish on PSU Major

ICICI Securities has maintained a Buy rating on Bharat Electronics, setting a target price of Rs 530, implying a 35% upside from the current market price of Rs 394.

NTPC Share Price Target at Rs 420: Axis Securities Remains Bullish on PSU Counter

Axis Securities has maintained a Buy rating on NTPC, though it has trimmed the target price slightly to Rs 420 from Rs 430, implying a 20% upside from the current market price of Rs 350.

SAIL Share Price Target at Rs 225: ICICI Securities

ICICI Securities has maintained a Buy rating on Steel Authority of India, setting a target price of Rs 225, implying a 36% upside from the current market price of Rs 165.