Monday, 11 June 2012

MARKET TALKS 11 JUNE 2012

SEBI chief expresses anguish over delay in reforms 
Anguished over delay in key reforms for "years and years", SEBI Chairman U K Sinha today said there is an urgency to revive investor sentiment and arrest the faltering growth. "Some of the reforms, which have long been pending and one example being pension reforms. it has been years and years that some of these reforms are yet to come through," Sinha said at the Skoch Summit. 


Piramal Healthcare completes acquisition of DRG
             Piramal Healthcare Ltd today said it has completed acquisition of the US-based Decision Resources Group (DRG) for USD 635 million (nearly Rs 3,400 crore). Last month, the company had announced to acquire 100% stake in DRG. It had said the investment would be funded by an equal mix of debt and equity

         Bankers see 0.25% reduction in repo rate on June 18
Bankers today said they expect the Reserve Bank to cut its key rates by 0.25% at the forthcoming mid-quarter review given the present need to boost growth. "Growth has fallen and with inflation continuing to be flat, I expect the RBI to cut rates by 25 bps," Central Bank of India Chairman and Managing Director M V Tanksale told reporters on the sidelines of the Skoch summit here.  
  
   !     Infosys on track to meet Q1 guidance: HSBC     
HSBC says has met Infosys management and was told the Indian software services exporter is "on track" to achieve April-June quarterly guidance of USD top-line growth of 0-1% quarter-on-quarter and 6-7.1% year-on-year. Banking and financial services remain "laggards" in the current quarter, while telecom, manufacturing, and healthcare and life sciences remain "weak.

HUGE CALLS AND HUGE RETURNS !!

GET NIFTY TIPS AND STOCK FUTURES TIPS !!   


3 comments:

Free Commodity tips said...

It is extremely interesting for me to read this blog. Thanks for it. I like such themes and everything that is connected commodity n stock market. Thanks with Regards Commodity Tips Today .

Anupriya said...

trading share market

Since the Budget 2012-13 announcement by FM in Feb this year the Indian stock markets are awaiting action on reforms, tax treatments, growth prospects, disinvestment in PSU and many other issue which will have direct impact on the financial markets technically as well as on fundamental fronts.

The Government is stacked up between the inflation & the rising interest rate scenario. A rate cut was highly anticipated on June 18th but the RBI went against the hopes of the industry, market watchers and various analysts and the markets tanked on the D-day. Thanks - www dot way2profit dot com

Stock market trading said...

All stock market tips providers are now at one place and are helping many investors and stock traders. Visit today to take maximum advantage

Post a Comment