Friday, June 27, 2008

Fun

BEST MSG EVER WRITTEN ON BOARD IN THE CHURCH "GOD NEVER FAILS" A STOCK BROKER WROTE BELOW IT: LET HIM TRADE IN NIFTY FUTURE

U.S. Sen. Bill Nelson has filed legislation to ban unregulated speculative trading of oil futures and other energy commodities as a way to curb the unchecked run-up in crude oil and gasoline prices that took off after Congress deregulated electronic trading of energy futures in late 2000.

Results Today

Results Today :- Abhishek Industries, Andhra Cements, Bharat Electrical, Essar Oil, GSPL, Simplex Projects, Unitech Ltd.

if crdue margin increases than crude can fall verically and equity market will recover very fast ...

yesterday US has passed BILL to curb speculation in oil but ... i dont know wheather they have implemented it or not ..... hearing RUMOUR that crude margin has been pped from 10 to 35 % ...please confirm .if anyone has got the actual source abt margin change ..any url

Inflation

inflation expected 11.42%

Thursday, June 26, 2008

Results today

Results today: Allcargo Global, Apar Industries, BAG Films, Bhagyanagar India, Gateway Distriparks, Global Vectra, Nitin Fire, Panacea Biotec, Religare Enterprises, Tata Steel and Tulip Telecom

Citigroup Inc

Citigroup Inc., the New York-based bank that's posted the biggest losses from the collapse of the U.S. mortgage market, may take an additional $8.9 billion in net writedowns in the second quarter, Goldman Sachs Group Inc. said
in a research report

GOVT'S DIRECTIVE ON RELIANCE TO SUPPLY KG-GAS TO FERTLIZER COs IS A BIG POSITIVE FOR NAGARJUNA FERT ,,,,,AND CHAMBAL FERT

Wednesday, June 25, 2008

US WEEKLY CRUDE OIL INVENTORY: CRUDE OIL STOCKS: +0.8M BARRELS, GASOLINE STOCKS:-0.1M BARRELS DISTILLATE STOCKS: +2.8

ENERGY: US EIA oil stocks for June 20 wk: "U.S. commercial crude
oil inventories (excluding those million barrels from the previous week.
At 301.8 million barrels, U.S. crude oil inventories are near the lower
boundary of the average range for this time of year. Total motor
gasoline inventories decreased by 0.1 million barrels last week, and are
in the lower half of the average range. Finished gasoline inventories
increased last week while gasoline blending components inventories
decreased during this same time. Distillate fuel inventories increased
by 2.8 million barrels, and are in the middle of the average range for
this time of year. Propane/propylene inventories increased by 1.2
million barrels last week but remain below the lower limit of the
average range. Tota

OIL: Weekly inventory data due up at 10.35. Platts survey looks for;
Crude oil stocks down 1.7 million barrels
Gasoline stocks down 750,000 barrels
Distillates stocks up 1.7 million barrels
Refinery utilization or run rate up 0.4 percentage point at 89.7%

Mumbai, June 25 (PTI) The Shiv Sena today hit out at the Left parties for its opposition to the Indo-US deal and said barring the Left everybody knows that it would benefit India.
"There is no doubt that the Indo-US deal will be in the interest of India. This is a fact which everyone knows except the Left parties." an editorial in the party mouthpiece 'Saamana' said.

NEW$-Crude inventory data & Federal Reserve meeting today.

ONGC

ONGC Board recommends Dividend
Announcement: Oil & Natural Gas Corporation Ltd (ONGC) has informed that the Board of Directors of the Company at its meeting held on June 25, 2008, inter alia, has recommended Final Dividend of 140% (Rs 14/- per share), over and above 180% (Rs 18/- per share) already paid as interim dividend in December, 2007 for the FY 2007-08, subject to approval by the shareholders at the ensuing Annual General Meeting.

Nobel-prize-winning economist Joseph Stiglitz and Linda Bilmes says Indian Govt is doing all wrong things ..... They say Indians have one of the higest savings rate and out of them 95 % saves in bank FDs ..so rise in interest rate will leave more money with them ... Further loan waiver and pay commision hike will lead to more money in hand of masses thus stoking great consumption boom and hence high inflation ... Govt shud cut interest rate and target subisdies to only people below poverty line ...

A crucial UPA-Left meet on Wednesday (June 25) could well be the government's last opportunity to resolve differences with the Left over the Indo-US Nuclear deal. Just ahead of the meeting CPI General Secretary AB Bardhan, told TIMES NOW that the government is safe until 5pm. He added that there is no way the Left can give a green signal to the deal. Meanwhile, the Left continues to tables more conditions in front of the government. Sources said that Left has demanded a written assurance that government will not proceed on Nuke deal after the IAEA talks.

Corporate Tax Collection up 40% (Source: UTV)

Nagarjuna Constructions

Nagarjuna Constructions has bagged a new order worth Rs 333 crore.

Left's New Condition

Now LEFT adding new conditions, they want WRITTEN assurance from CONG on not signing NUCLEAR TREATY. UPA meeting results by 5 PM .. TIMES NOW

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