Current news & Rumours in the mkt

[praveen taneja]

OMAHA: Warren Buffett said on Saturday he plans to visit India next March, and would not rule out the country for possible future investments.


Speaking at Berkshire's annual meeting in response to a shareholder question, Buffett said he had decided only on Friday to make the trip, saying the company's Iscar Metalworking Cos unit "is doing very well there."

Buffett said "we do not rule out India" as a possible locale for future Berkshire investments, whether in companies or marketable securities, though bureaucratic obstacles could complicate any plans to invest, including limitations on foreign ownership.

He added that "we've looked a lot at being in the insurance business in India." Insurance and reinsurance are Berkshire's main business lines.

 

[praveen taneja]

ECB Suspends Rating Limits on Greek Debt:rofl::rofl::rofl::rofl:

 

[sudoku1]

operators suggest caution aftr 10th april in the mkt !

http://www.traderji.com/trading-psychology/39619-current-news-rumours-mkt.html#post423587

& caution prevails !:clap:

 

[praveen taneja]

Corporate News Headline
• Mahindra & Mahindra said it has reported a 13.21% jump in its total automotive sales in April at 26,043 units compared with 23,004 units in the corresponding period last year. (BS)
• HDFC Ltd said its net profit jumped 26.31% to Rs. 9.26 bn for the January-March quarter on the back of fall in expenditure. (BS)
• Jaiprakash Associates Ltd said it has reported a 57% jump in its cement sales at 12.47 lakh tonnes. The company had sold 7.93 lakh tonnes of cement during April 2009, it said in a statement. (BS)

 

[praveen taneja]

Economic and Political Headline
• An Empowered Group of Ministers on fuel pricing is likely to meet after the current Parliament session to discuss freeing petrol, diesel and cooking fuel prices from government control. (BS)
• Manufacturing expanded in April at the fastest pace since 2004, propelling a US recovery that's getting a bigger lift from consumer spending. The Institute for Supply Management's factory index rose to 60.4. (Bloomberg)
• Europe's manufacturing industry expanded at the fastest pace in almost four years in April as companies increased production to meet export orders. A manufacturing index based on a survey of euro-area purchasing managers increased to 57.6 from 56.6 in March, Markit Economics said. (Bloomberg)

 

[praveen taneja]

Today Results 03.05.2010 TUESDAY

ABC Bearings Dividend, Results India Glycols Dividend, Results Orient Paper Dividend, Results AP Paper Dividend, Results
Intl Travel House Dividend, Results Paushak Dividend, Results
Atharv Enterprises Results James Hotels Results
Permanent Magnets General Ayoki Mercantile Ltd Results
Jindal South Results Religare Technova Results
Clio Infotech Results Jindal Steel Dividend, Results
Sarthak Industr Results Dwarikesh Sugar Results
Josts Engr Results Syndicate Bank Dividend, Results
First Leasing Dividend, Results JVL Agro Industries Results
TTK Prestige Dividend, Results Garden Silk Results
Kappac Pharma Results Turbotech Engr Results
Hindustan Tin Results Neptune Expo Results
Wabco TVS India Dividend,Results HMT Results

 

[praveen taneja]

Results Today:



Ajanta Pharma,

Amar Remedies,

Bharat Bijlee,

Dr. Reddy's,

PNB,

RCF,

Swaraj Engines,

Torrent Pharma

and Union Bank.

 

[praveen taneja]

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 05-May-2010.



FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 05-May-2010 2027.22 3616.9 -1589.68



Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment


The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 05-May-2010.



DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 05-May-2010 1832.47 1141.32 691.15

 

[praveen taneja]

NEW DELHI: India's food inflation rose an annual 16.04% in the 12 months to April 24, while the fuel price index rose an annual 12.69 percent,
government data showed on Thursday.

The rise in food price index was slower than an annual rise of 16.61 percent in the previous week. The primary articles index was up 13.93 percent year-on-year on April 24.

Reserve Bank of India had on April 20 raised key interest rates and banks' cash reserve ratio by 25 basis points each to anchor inflationary expectations.

India's wholesale price index (WPI) rose an annual 9.90 percent in March, its fastest pace in 17 months, driven by high food and fuel prices

 

[praveen taneja]

The Dow plunged nearly 1,000 points before paring those losses, apparently triggered by a trader error. Sources told CNBC a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble. Nasdaq cancels trades made over 20-min. period