MARKET OUTLOOK
US Markets ended positive.
Europe markets ended positive.
Asian markets trading positive.
Expect Indian Markets to open positive.
Nifty: (5254) Support is at 5182 and Resistance is at 5294
INTRADAY BEEPS
BUY KALPATARU POWER TARGET 1100 SL 1080
BUY TATA ELXSI TARGET 328 SL 317
BUY MCLOEOD RUSSEL TARGET 231 SL 217
STOCK BEEPS
-Hanung Toys board approves fund raising up to Rs 250cr, preferential allotment of 12.5 lakh warrants
-Bata India
: Revised terms & conditions for the development of the modern
integrated township project at Batanaga; Bata To receive Rs 100 crore
upfront
-RIL looks to ride Atlas to retail brand in US
-Jindal Steel in talks to acquire Oman based co for USD 500m – ET
-Sebi to get strict with FII sub account – BS
-Mindtree wins first UID project – BS
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Elect, Finolex Cables, Gateway Distrpark, GVK Power, HCL Infosystems,
Hinduja Ventures, HCC, IDBI Bank, IFCI, India Cements, Info Edge India,
IRB Infra, Kalindi Rail, Moser Baer, NDTV,Onmobile Global, Oudh Sugar, Shyam Telecom, Sintex Inds, Solvay Pharma, Suven Life, Tanla Solutions, Tata Elxsi, UCAL Fuel,Uco Bank,Vijaya Bank
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