Free Banknifty Future Tips 13-07-12 From : www.marketcalls.net

July 13, 2012

MARKETCALLS‘  VIEW ON BANKNIFTY (INTRADAY)

We wish you To Have A Superb Profitable Trading Day Today !!!

Yesterday we saw banknifty opened with open high of 10691 and then during the it could not cross the 10691. Today banknifty will open flat and may remain highly volatile. If banknifty close below 10300 then dont hold banknifty and main bank stocks. Till 10300 banknifty Read the rest of this entry »


Free Nifty Future Tips 13-07-12 From : www.marketcalls.net

July 13, 2012

MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)

We wish you To Have A Superb Profitable Trading Day Today !!!

Yesterday we saw nifty opened in big gap down then remained down during the day. Yesterday nifty and market is dragged down by INFY result and guidance. INFY opened gap down below 8% and panic is started all around the market. TCS result came yesterday and it beats the INFY result. Lets see is TCS result can save the market ? Today our market will open flat and may remain very volatile due to Read the rest of this entry »


Spain Threatens Deficit-Troubled Regions, Offers Help

July 13, 2012

Spain’s government threatened regions that are having trouble meeting deficit goals while offering to help them regain access to bond markets at a time when the nation is trying to restore investor confidence.

Several Spanish regions risk missing their budget-deficit target of 1.5 percent of gross domestic product this year Read the rest of this entry »


RBI may hold on policy stance amid high inflation: Experts

July 13, 2012

Reserve Bank is unlikely to soften its monetary stance in its policy review later this month due to high inflation even though sluggishness in industrial output growth for May calls for cut in policy rates, say experts.

The Reserve Bank of India (RBI) is guided by inflationary expectations. Inflation Read the rest of this entry »


TCS rubs salt in Infosys’ wounds with strong Q1 earnings

July 13, 2012

India’s top software services provider Tata Consultancy Servicesreported slightly better-than-expected results for April-June, a stark contrast to its rival and number two Infosys , which had earlier in the day disappointed the street with a lower-than-expected quarterly profit and cut its full year US dollar revenue guidance sharply.

TCS first quarter net profit rose 38% year-on-year (14.6% sequentially) to Rs 3,280.5 crore, while revenue was also Read the rest of this entry »


India can grow by 8-9% with reforms: Singapore PM

July 13, 2012

India has the potential to grow at 8-9% over the next 5-10 years by focusing on its intrinsic strengths and taking the Opposition on board to push economic reforms, said Singapore Prime Minister Lee Hsien Loong today.

 “India would be able to grow not just at seven per cent, but 8-9% for another 5-10 years easily, Read the rest of this entry »


Moody’s downgrades Italy, warns of further cut

July 13, 2012

(Reuters) – Moody’s on Friday surprised markets by downgrading Italy’s government bond rating by two notches to Baa2 and warned it could cut it further, piling on pressure just hours before the country launches its latest bond sale.

A woman gets money at an ATM machine in Milan November 8, 2011. REUTERS/Alessandro Garofalo/Files

The move left Italy’s rating just two notches above junk status and could raise already-painful borrowing costs.

Read the rest of this entry »


Infosys, HCL and Wipro among World’s top 10 outsourcing companies

July 13, 2012

Infosys, HCL Technologies and Wipro Technologies are among the top 10 outsourcing companies, says a survey on world’s 100 largest such firms.

In the latest ’20012 Global Outsourcing 100′, compiled by the International Association of Outsourcing Professionals (IAOP), Infosys Read the rest of this entry »


Indirect tax collection below target, up 13.8% in April-June

July 13, 2012

Indirect tax collections during the April-June period rose by 13.8 percent to over Rs 1.07 lakh crore, much slower than the targeted 27 percent  growth for this fiscal.

“The overall indirect tax figure for April-June 2012 stood at Rs 1,07,959 crore, Read the rest of this entry »


Govt should restrict exercising ownership rights in banks: RB

July 13, 2012

The Reserve bank  expressed concern over the government “occasionally exercising” its ownership rights in banks and financial institutions through channels outside of their boards, and asked it to show exemplary corporate governance.

“There are questions about how the government will play out its ownership role. Read the rest of this entry »