GOLD SELL BELOW 12568 CMP 12602
SILVER SELL BELOW 24550 CMP 24625
SILVER SELL BELOW 24550 CMP 24625
Monday, June 23, 2008
23-Jun Headlines
New listing:
Oswal Spinning & Weaving to resume trading; no circuit filter today
Ex-dividend:
Sundaram Brake (Rs 6/sh)
BSP Withdraws Support From UPA Government; BSP Has 17 MPs In Lok Sabha
FM Urges Oil Producing Nations To Adopt A Price Band Mechanism, OPEC announces 2% hike in production
Fin Secy Says
Inflationary Pressures Will Persist For Next 3 Months
Expect RBI Governor To Take Monetary Policy Action
Dollar-Rupee Situation To Also Impact Inflation For Next 7 Mths
Oswal Spinning & Weaving to resume trading; no circuit filter today
Ex-dividend:
Sundaram Brake (Rs 6/sh)
BSP Withdraws Support From UPA Government; BSP Has 17 MPs In Lok Sabha
FM Urges Oil Producing Nations To Adopt A Price Band Mechanism, OPEC announces 2% hike in production
Fin Secy Says
Inflationary Pressures Will Persist For Next 3 Months
Expect RBI Governor To Take Monetary Policy Action
Dollar-Rupee Situation To Also Impact Inflation For Next 7 Mths
Market 23-Jun
Market May Be Volatile&Open with Down With Nifty 55 to 65 points
Suport:14300
Results:Tatapower,UniBew,CentBank
FII Sold 999Cr.In Cash MF bougt563Cr
Suport:14300
Results:Tatapower,UniBew,CentBank
FII Sold 999Cr.In Cash MF bougt563Cr
News 23-Jun
News
23-June-08
Headlines for the day
Corporate News Headline
RIL would invest USD 215 mn and create over 200 new jobs at a newly acquired polyester plant in the US. (BS)
Reliance
Infrastructure is planning to invest Rs. 280 bn in the next three years
to make acquisitions in India and abroad, including coal mines in
Indonesia. (BS)
BHEL bagged a contract worth USD 428 mn for setting up a 500 MW power project in the eastern state of Jharkhand. (ET)
Economic and Political Headline
The
WPI-based inflation rate soared to 11.05% for the week ended 7 June as
compared to 8.75% in the previous week due to increase in the petroleum
product prices. (BS)
The
RBI governor met the Prime Minister to have discussed steps needed to
be taken to control the prices with inflation shooting to 13-year high
at 11.05%. (BS)
The
Chinese government, which controls domestic fuel prices, raised its
base price for gasoline by 17% and diesel by 18%. (WSJ)
23-June-08
Headlines for the day
Corporate News Headline RIL would invest USD 215 mn and create over 200 new jobs at a newly acquired polyester plant in the US. (BS) RelianceInfrastructure is planning to invest Rs. 280 bn in the next three years
to make acquisitions in India and abroad, including coal mines in
Indonesia. (BS)
BHEL bagged a contract worth USD 428 mn for setting up a 500 MW power project in the eastern state of Jharkhand. (ET) Economic and Political Headline TheWPI-based inflation rate soared to 11.05% for the week ended 7 June as
compared to 8.75% in the previous week due to increase in the petroleum
product prices. (BS)
TheRBI governor met the Prime Minister to have discussed steps needed to
be taken to control the prices with inflation shooting to 13-year high
at 11.05%. (BS)
TheChinese government, which controls domestic fuel prices, raised its
base price for gasoline by 17% and diesel by 18%. (WSJ)
Nifty 23-Jun
NIFTY FUT GOOD ABOVE 4350..NIFTY FUT WEAK BELOW 4280 LEVEL..4280 BELOW WE SEE 4250-4204.
Crude Oil
Crude Oil- Saudi Arabia may raise its oil production beyond a planned 200,000 barrel-a-day increase in July if the oil market requires extra supply. Saudi Arabia is prepared and willing to produce additional barrels of crude above and beyond the 9.7 million barrels per day, which they plan to produce during the month of July, if demand for such quantities materializes and customers needed
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