ET Top stories

http://economictimes.indiatimes.com/


India's bull run to continue in '08: JPMorgan
Potential FII outflow to send Sensex, rupee crashing: Study
Enough spectrum after issuance to RCom: Govt

'RBI stops Re from touching record'
ICICI Bank to list four subsidiaries
Karuturi Networks to consider stock split on January 30
Decision on raising FDI limit in print media soon: Dasmunshi

India deals fetch i-bankers $1 bn
Aviva launches website for financial planning



Source: Above sites.. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Deadpresident Blog stories and Job alerts etc

http://deadpresident.blogspot.com

Post Session Market Commentary
Tulip IT Services
Prakash Industries
PNB

Patel Engineering
Orient Paper and Industries
Goldman Sachs - Recession in 2008
Market Close: Correction or consolidation ?

Smart Picks 2008
Future Capital Holdings, Reliance Power Grey Market Premiums
Post Market Commentary
Sensex ends flat amidst volatility

Tata Motors - 1L Car - Are you ready ?
Reliance Power IPO Analysis
HDIL, Panacea Biotec, Karuturi Networks
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Source: Above sites.. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Myiris, Moneycontrol Articles

Myiris.com

Brokers` outlook: Market likely to stabilize in few sessions
Mastek PAT rises 31% on better margins (Update)
Surana Industries to acquire PT Agate Resources for Rs 400 mn
Atlanta bags Rs 629.80 mn order

FIIs can now buy upto 74% in Gujarat NRE
Sayaji Hotels Q3 net jumps 2.71 times
Shrenuj acquires DTC`s Arisia Solitaire brand
IQMS completes 51% acquisition of Tractel Solutions, USA

Karuturi Networks board to consider stock split
Suzlon Energy receives order for 100 MW capacity
NDTV may sell stake in subsidiary to NBC
Gokaldas Exports targets smaller cities

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Moneycontrol.com

See more correction in midcaps: IL&FS
Hopes of better earnings trigger midcap IT rally
Era Infra eyes Rs 7-8cr revs from wind pwr
Earnings to be +ve but less spectacular: JP Morgan AMC

Unitech plans largest ever fund raising via QIP: Srcs
Tata's Rs 1 lakh car to be called Jeh
25 bps Fed rate cut likely: Saxo Bank
Buy Micro Technologies, tgt Rs 442: HEM Sec

SAIL adds 9 lakh shares in open interest
KEI Ind looking at buyouts in transformer segment


Source: www.moneycontrol.com and www.myiris.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Results : Axis, South Indian Bank, Mastek, iGate Etc

Axis Bank Q3 net profit up 66% at Rs 307 cr

Private lender Axis Bank on Wednesday reported 66.20 per cent increase in net profit at Rs 306.83 crore for the quarter ended December 31, 2007 as compared to Rs 184.61 crore for the same quarter in the previous fiscal.

Axis Bank Q3 net up 66.2% at Rs 747.3 cr
9th-Jan-2008

Axis Bank in Q3 FY08 has reported standalone net profit of Rs 306.83 crore versus Rs 184.61 crore, a jump of 66.2% on YoY basis. During the same period, its NII was up 79.7% at Rs 747.3 crore versus Rs 415.8 crore, YoY

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Mastek Q2 net profit up 10.5% at Rs 18.72 cr

Mastek reported a jump of 10.5 per cent in net profit at Rs 18.72 crore for the second quarter ended December as compared with Rs 16.94 in the same quarter a year ago.

Mastek Q2 net profit up at Rs 27.1 cr
9th-Jan-2008

Mastek reported Q2 FY08 consolidated net profit of Rs 27.1 cr versus Rs 25.1 crore on QoQ basis. During the same
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Sayaji Hotels Q3 net profit up 171 %

Sayaji Hotels posted 171.10 per cent rise in net profit for October-December quarter to Rs 1.6 crore against Rs 62.3 lakh in the same period a year ago.

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South India Bk Q3 net profit up at Rs 40.7 cr
9th-Jan-2008

South Indian Bank announced its Q3 FY08 result. The bank in Q3 has announced net profit of Rs 40.7 cr vs Rs 24.8 cr, YoY basis. Its Q3 Net interest income was at Rs 97 cr vs Rs 88.4 cr, YoY.

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iGate Soln Q3 net profit at Rs 29 cr
9th-Jan-2008

iGate Solutions has announced its third quarter results. The company has posted net profit of Rs 29 crore for the quarter ended December 2007 as against Rs 22.9 crore in previous quarter on the revenues of Rs 209.3 crore versus Rs 200.8 crore.

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Results on 10.01.2008


Results Calender

Guj Hotels 10-Jan-08

Harita Seating 10-Jan-08

Jaypee Hotels 10-Jan-08

Motilal Oswal F 10-Jan-08

R M Mohitex 10-Jan-08

Rajesh Exports 10-Jan-08

Solar Explosive 10-Jan-08

Supreme Petro 10-Jan-08

TOURISM FIN 10-Jan-2008


For more:
http://www.myiris.com/shares/resultWatch/resCalShow.php?ord=
or
http://indiaearnings.moneycontrol.com/sub_india/results_calender.php
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Source: www.indiaearnings.com and www.myiris.com . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Sensex retreats after hitting a new high, ends flat: Sify

Sensex retreats after hitting a new high, ends flat
Sensex ends flat in volatile trade
India's Sensex Ends Little Changed;


NSE 6272.00 -15.85
BSE 20869.78 -3.55


After a positive start and a subsequent fall from higher levels, the Sensex rebounded into the positive territory and ran up sharply in afternoon trade to hit a new all-time high past 21,100. Stocks, led by housing finance major HDFC, power and information technology majors rallied smartly on strong buying support. The Nifty too appeared well on course to hit a new high.
As participants, who remained highly cautious till around noon, turned aggressive and started lapping up stocks, it looked as if the indices would sign off on a highly positive note. However, a heavy bout of selling pressure that erupted in the final hour of trade wiped off a substantial portion of gains posted by a few front line stocks and resulted in the premier indices settling down in the red.

The Sensex, which had hit a low of 20,701.49 this morning but posted a new high of 21,113.13 in afternoon trade, ended the session with a loss of 3.55 points at 20,869.78. The Nifty closed with a loss of 15.85 points or 0.25% at 6272. In intra-day trades today, the Nifty touched a high 6338.30.

Auto, capital goods, healthcare, oil, metal and PSU stocks finished on a weak note. Select information technology, power and realty stocks made smart progress. Mid and smallcap stocks, which staged a splendid rally around mid aftenoon, lost steam as the session progressed and drifted lower in the end.

NTPC (4.5%), HDFC (3.6%), DLF (1.6%), Grasim Industries (1.5%), Hindalco (1.7%), HDFC Bank (1.7%), Reliance Communications (2.05%) and Reliance Energy (1.2%) ended with sharp gains. Ambuja Cements ended marginally higher than its previous closing price.

IT bellwether Infosys Technologies, which had a bright spell in the positive territory today, ended with a sharp loss of 0.4%. However, the other three IT stocks in the Sensex, Satyam Computer Services, Tata Consultancy Services and Wipro, finished with modest gains.

Mahindra & Mahindra (down 2.65%) was the most prominent loser in the Sensex today. ACC, BHEL, ITC, ICICI Bank, Maruti Suzuki, ONGC and Ranbaxy Laboratories eased by 1% - 2%. Reliance Industries slipped by around 0.6%. Tata Motors lost 0.45%. Tata Steel, State Bank of India, Bharti Airtel, Larsen & Toubro, Hindustan Unilever, Cipla and Bajaj Auto also ended in the negative territory, albeit with marginal losses.

Oil stocks Reliance Petroleum and BPCL went down sharply, losing 5.95% and 5.7% respectively from their previous closing levels. Punjab National Bank, Unitech and Suzlon Energy lost 1.5% - 2%. GAIL India, Dr. Reddy's Laboratories, Sun Pharmaceuticals, SAIL, Zee Entertainment, Nalco and Hero Honda also closed on a weak note. GlaxoSmithKline Pharma, Siemens and Cairn India ended with sharp gains.

The market breadth remained weak right through the session today. Out of 2912 stocks traded on BSE, only 766 stocks managed to romp home on a winning note. 2128 stocks ended in the negative territory and 18 stocks finished at their previous closing levels.

Other Sify.com stories

Surana Ind to invest Rs 1500 cr
Axis Bank Q3 net profit up 66%
Tata's 'People's Car' to be unveiled Thursday
Bharti adds 2.2 m mobile users in Dec

3i Infotech climbs on buyout report
TRF gets Rs 96.16 cr order from Tata Projects
Emco up on stock split plan
SpiceJet soars on Anil buyout buzz



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