One of the largest technology companies in the world, Hewlett-Packard (HP) yesterday rolled out its ultra-thin-12.1-inch HP Pavilion dv2 notebook PC in India. The diminutive, “size zero notebook,” the HP Pavilion dv2 is just 1-inch thin and weighs mere 1.64 kgs, less than four pounds.

Speaking of the HP Pavilion dv2 notebook, Diptesh Ghosh, category head, consumer notebook, HP Personal Systems Group (PSG) India said, “This is a perfect notebook meant for consumers who value a mix of mobility, entertainment, and productivity – at a competitive price.”

According to the Wednesday announcement from National Thermal Power Corporation (NTPC), the company’s year-on-year net profit figures for the fiscal ending March 2009 rose 5.56 percent, after deducting Rs. 1,400 crore for the employees’ wage revision in 2008-09.

The first 16-day phase for Tata Nano booking begins Thursday, April 9, and will close on April 24. With over 1,00,000 booking forms sold for the small wonder car - the 624-cc jelly-bean shaped Nano - in the past week, there will expectedly be a heavy rush for its booking too!

In spite of the heaviest booking amount ever charged in India for an automobile – Rs. 95,000 as upfront payment, or Rs.2,999, in case of getting it financed - dealers opine that at least 50 percent of people who bought the booking forms, costing Rs. 300 each, will likely book the Nano.

Nirmal Bang has maintained its ‘Buy’ rating on Adlabs Films Limited to achieve a target between Rs 230-270 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 182.

Shares of the company, on Wednesday (April 08), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 789.50 and a low of Rs 130.15 on BSE.

The report also said that a big move is expected if the stock maintains above Rs208.

Stock futures added 7.2 crore shares in open interest, OI on April 08, 2009 (Wednesday). In Nifty futures, FIIs remained net buyers to the tune of Rs 909.6 crore wherein Open Interest surged by 41,654 contracts.

Reliance Industrial Infrastructure was the best performer on Wednesday. It gained 46% and its Open interest (OI) doubled to 3.5 lakh shares. The stock climbed up 93% in 2 trading sessions.

Stock futures on April 08 appended 7.2 crore shares in open interest.

Anticipating the current back off to carry on for a few more days, futures and options (F&O) traders on April 08, 2009 relaxed their short positions at 3,300-3,400 call options.

These traders anticipated the Nifty to attain the 200 daily moving average (DMA) level of 3,443 sometime by the coming week and, hence, they developed long positions of 637,600 shares in 3,500 strike call options.

The open interest (OI) at 3,300 strike call options turned down by 540,850 shares, pointing that traders wanted the Nifty to trade above 3,300 going forward.