even if left withdraws suppot ..mulyam with 40 MPs is standing there with support letter ..so govt is not in danger ..so people who spreading news are just creating panic for vested interests...and even if this govt falls its bigger plus as NDA will come and all reforms will take place at faster pace

RSP have just 1 MP ..and they have withdraw from left coalition as their supporter were fired in west bengal by CPM govt ...its more of a local issue

both side bad news

both side bad news : if govt increase petrol price,left will challenge its support to congress,and inflation will touch 11% ,if govt dont increase the price of petrol price,oil companies will go bankrupt,and it wll be shame to congress govt,to be the first govt in which psu company go bankrupt,it will make bad remark to govt and if oil touch 140$ then rbi will take serious steps,so for a develping economy like India and china,this is tough times.dont get emotional,nifty will make its base around 3650-3800 in june or july,wait till that time.

Rajesh Export

Buy Rajesh Export CMP 87 TGT 110

Nifty

On Pullback sell nifty or mnifty
Target is 4650

Nifty

We say long nifty @4885
cmp is 4785
SORRY GUYS
Due to some meeting i can't give u cover over long & short msg @4840
we will cover this
surely
sorry once again

Tata Power

Tata Power Jump After our SL hits
Very Bad Luck
It make High of 1387
:(
BUT Then also always keep sl

Alert

ALERT :Reliance people are selling A to Z stocks...look their stocks bleeding and they know something and this is the news it will be out :This is the first time a Left party supporting the government from outside has officially written to the Prime Minister threatening withdrawal of support .This is not rumour.....Mkt will crack and its open challenge NF will crash by 150-250 points in next 48 hrs....pls avoid long................small request !!!

Nagarjuna Const

Nagarjuna Const wins orders worth Rs250cr

Spice Tele

Spice Tele
Today High 62.45
Our Tgt Completed
We give tgt of 60

Tata Power

Tata Power
SL hits @ 1355

MCX Intraday Levels

INTRADAY
GOLD SELL BELOW 877.55 S/L 882.00
SILVER SELL BELOW 16.59 S/L 16.70
CRUDE SELL BELOW 126.05 S/L 126.90

MCX Silver

SILVER WEEKLY LEVEL'S
SUPPORT:- 23240/23005/22770/22625/22390/22010
RESISTANCE:- 23490/23635/23860/24005/24240/24615

Mcx Gold

GOLD WEEKLY LEVEL'S
SUPPORT:- 12149/12069/11988/11938/11858/11727
RESISTANCE:- 12225/12280/12360/12410/12491/12620

Tata Power

Tata Power we boght at 1365
keep strict sl at 1355

Tata Power

Intraday - buy tatapower...s/l 1355

JPT Freeze

JPT Freeze Again
CMP 66.20

Nifty

NIFTY FUT CMP 4850.NIFTY FUT GOOD ABOVE 4874...NIFTY FUT WEAK BELOW 4840.

News 2-Jun-08

Headlines for the day
2-June-08
Corporate News Headline
Essar Oil is planning to raise fresh debt of upto USD 5 bn through ECBs and rupee loans to fund its USD 6 bn capacity expansion programme. (ET)
L&T is planning to invest Rs. 25 bn during the current financial year to augment capacities at its growth centres. (BS)
Glenmark Pharmaceuticals received the approval from the USFDA for its diabetes drug metformin hydrochloride tablets. (ET)

Economic and Political Headline
The Inflation rose to a 45-month high of 8.1% for the week ended May 17 on account of rising prices of fruits and vegetables, pulses, spices, and some industrial fuels. (BS)
Buoyancy in agriculture has pushed the economic growth to 9%, up from 8.7% estimated earlier, even as the performance of manufacturing sector deteriorated. (BS)
The US Consumer spending, which hold 70% of the country’s GDP, increased at a seasonally adjusted rate of 0.2% in April. (WSJ)

Niraj Cement Structurals Limited

Niraj Cement Structurals Limited
Bid Details *
Category - No.of Shares - Offered/Reserved - No.of Shares Bid For - Oversubscription Rate
Non-Institutional Investors 438750 1759920 4.01
Qualified Institutional Buyers 1462500 N/A 0.00
Reservation 325000 1020 0.00
Retail Individual Investors 1023750 3895680 3.81