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Popular Articles

Power Grid Q3 net rises 31% to Rs 488 cr
State-run Power Grid Corporation of India said its net profit grew 31 per cent to Rs 487.84 crore in the third quarter ended December 31, 2009, over the same period a year ago.

UK plans cutback on public sector salary increases
The British government plans to freeze the salaries of top bureaucrats and offer only minimal increases to other senior workers in an effort to control the country"s spiralling deficit, a treasury official has said.

News of the day

Govt won't sell more stake in Nalco
The Government today said it has no plans to sell more stake in aluminum producer National Aluminum Company (Nalco).
Business Ideas

Market outlook: Bulls to remain in command

To win without risk is to triumph without glory. Risk appetite seems to be alive and kicking despite a brief scare that was sparked by the Dubai debt crisis. Experts feel the crisis over the Dubai World debt default is not as serious as feared initially and will be mostly contained. Moser Baer (BUY, CMP Rs83, Target Rs90): On Tuesday, the stock gave a bullish breakout by bouncing off sharply from its 200-DMA of Rs78. The immediate reaction took the stock towards the high of the day. Volumes have shown a smart increase in the past few sessions, which suggests accumulation at lower levels. A bullish candlestick on Tuesday further validates our argument of a short-term bounce in the stock. Traders can buy the stock at current levels and on declines up to the levels of Rs81 for target of Rs89 and Rs90. It is advisable to maintain a stop loss of Rs78. (Source: India Infoline)


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