Market Opens Strongly At 14965

Today, the stock market opened afresh in the positive territory at 14, 965.65, and the stocks from baking, auto and telecom chaired the advancements.

Supported by the string buying interest in the index havyweights, the 30- share index is continuously trading in the positive terrain.

According to Karvt stock’s assistant manager, Bharat Thakur that stock market will open with a sliding gap on Monday, but will regain progressively to end the day on a positive note. He is bullish on IT sector and suggests Infosys, HFC, Satyam and Nitin Fires for trading.

Omnitech Infosolutions To List On August 14

Omnitech InfoSolutions Limited Stock ChartBSE has declared that from Tuesday, August 14, 2007; the equity shares of Omnitech InfoSolutions Limited (Scrip Code: 532882) are scheduled and accepted for transaction on the stock exchange in the list of ‘B1’ Securities Group.

The company’s equity shares (Symbol: OMNITECH) shall be listed and allowed to dealings on the NSE w.e.f. August 14, 2007.

Oil Slips Below $71 Over US Economy Concerns

On Friday, oil and gas futures declined below USD 71 per barrel on news of US subprime troubles and worries over the US economy.

For next month delivery, light, sweet crude descended 61 cents to USD 70.98 each barrel on the New York Mercantile Exchange (NYMEX).

On the other hand, gasoline rates for next month delivery vanished 0.3 cents to USD 1.93 per gallon.

In London, September Brent crude lost 33 cents, to USD 69.88 a barrel on the ICE Futures exchange.

SBI Cards Increasing Presence To 150 Cities

SBI CardsNew Delhi: SBI Cards, a joint venture between SBI and GE Money aims to strengthe

United States Slips In World Life Expectancy Grading

Washington: According to a media report, the US dropped off many industrialized countries in life expectancy standings, even though Americans are living longer than ever.

The report stated that forty one countries have overstepped the US that comprises not only Japan and several in Europe but also Jordan, Guam and the Cayman islands.

August Print Edition Preview : Third Edition for August

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News in Focus

How to Spot and Avoid Online Casino Scams

Nowadays, you can find numerous online casinos on the market. While some of them are incredibly trustworthy, you can still run into some suspicious gaming sites.

Power Finance Corporation (PFC) Share Price Recovers from Lows; Positive Results Fail to Impress Markets

Power Finance Corporation share price declined to Rs 362 during early trades but recovery was witnessed during the afternoon trade.

IREDA Share Price Recovers from Rs 164; Could Act as Immediate Support

IREDA stock witnessed major selling today and touched low of Rs 164. The stock recovered from lower levels as sustained buying was witnessed in the counter.

Texas Considers Legalized Sports Betting Amid Political Hurdles; Governor Greg Abbott Comments Neutral

The debate over legalized gambling in Texas has gained renewed momentum as Governor Greg Abbott recently expressed openness to online sports betting.

Hindustan Aeronautics Share Price Drops 2% as Air Force Chief Comments on Delivery Delays

Hindustan Aeronautics Limited share price declined after comments about aircraft delay by Air Force (IAF) Chief Marshal A P Singh.

Microchip Technology Inc. (NASDAQ: MCHP) Stock Price Target at $95: Argus Research

Argus Research has reiterated its BUY rating on Microchip Technology Inc. (NASDAQ: MCHP), a leading semiconductor manufacturer specializing in embedded control solutions.