19-June-08
MCX
CLOSING RATE:- CRUDE:-5746,GOLD:-12512,SILVER:-24519,COPPER:-356.45,ZINC:-82.35,NICKEL:-96 0,LEAD:-78.3,NATURAL GAS:-555.2
Thursday, June 19, 2008
19-June Mcx Close
19-June-08 Report
19-June-08
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BREAKING NEWS
BREAKING NEWS:::: Former Bear Stearns hedge fund managers surrender to authorities, expected to face charges in subprime case - AP reports.
Cairn India
Cairn India received an exploration license from the Sri Lankan government to explore oil and natural gas in the Mannar Basin
bad news4crude Commodity Alert
bad news4crude Commodity Alert: Royal Dutch Shell has stopped production at its Bonga offshore oilfield in Nigeria, which pumps an average of around 220,000 barrels per day, after an armed attack...market news...
BASF German Firm
BASF German firm said it's going to start a new stock buyback program, saying it will buy up to 3 billion euros ($4.7 billion) of shares through mid-2010. The stock buyback can begin immediately. BASF completed its 3 billion euro share buyback program for 2007 and 2008 ahead of schedule, the Ludwigshafen, German firm said
Stock Market Rule
Stock Market Rule : Jo Dar Gaya Samjo Mar Gaya Aur Jo Nahi Dara Wo To Dafan Hi Ho Gaya
Dow Jones Support
In WALL street Dow jONES Support Today 11960..If Break Today then see Sharp fall till 11800-11750.
Cement
Cement companies based in Gujarat, including Gujarat Ambuja, Binani Industries, Ultratech, Sanghi Cement and Gujarat Siddhee, are understood to have benefited from the move. India exported 3.64 million tones of cement and 2.37 million tones of clinker in 2007-08.
LEFT AND UPA DRAMA AT HIGH LEVELS ANY THING CAN HAPPEN JUST WATCH LATEST STATEMENTS GIVEN BY SITARAM YECHURY SO BE VERY ALLERT MARKETS CAN GO ANY WHERE UP AS WELL AS DOWN ALL DEPENDS ON THESE SELFISH POLITICIANS
19-June News
19-June-08
News
Headlines for the day
Corporate News Headline
Tata Communications acquired 50% stake in China Enterprise Communications for an undisclosed amount. (ET)
Sintex Industries acquired Digvijay Communication and Networks through its 74% subsidiary Zeppelin Mobile Systems India in the form of a slump sale deal amounting to Rs. 540 mn. (BS)
Exide Industries acquired 51% in a lead smelter company, Leadage Alloys India Ltd for Rs. 350 mn. (ET)
Economic and Political Headline
The six core infrastructure industries register a growth of 3.6% in April 2008, compared to 5.9% in a year-ago period. (ET)
As inflation has touched 8.75%, the Finance Minister announced that the rate of price rise is high, prompting RBI to tighten money supply. (BS)
Japan and China agreed to jointly develop a disputed natural gas field and cooperate in exploration in the East China Sea. (WSJ)
China and India watch money flood out to America over inflation fears=The world's fund managers are pulling their money out of China and India at a record pace on mounting fears of inflation and are now more pessimistic about global equities than at any time in the past decade.The latest survey of investors by Merrill Lynch shows that Europe has become the most unpopular region, while Britain is still trapped in the doldrums.But the big surprise is the sudden change in view on the emerging powers of Asia, as overheating and spiralling oil costs spoil the boom.India fell to -63 as investors took fright at the country's budget and trade deficits. There is concern over a relapse towards Nehru-era policies after Delhi halted trading in a range of commodity futures and restricted rice
JPT Book Profit
In JPT Securities
Book Full n Final Profit
Call is Close Here
We Bought at 47 CMP 124
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Book Full n Final Profit
Call is Close Here
We Bought at 47 CMP 124
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