BJP Looks For Fresh Guidelines

Banks Raise FCNR (B) Depository Rates

Mumbai: Union Bank of India (UBI), Bank of India (BOI) and State Bank of India (SBI) have altered the rate of interest on FCNR (B) and NRE (rupee) depository terms w.e.f July 1, 2007.

July Print Edition Preview : First Edition for July

This July, Indian Stock Markets are offering very nice return compared to other Emerging markets. We take a look at the activity of Hedge Funds and FIIs in India Stock Markets. The prices of Petrol, Diesel may be raised due to High Oil Prices.

Editior's Picks of the week.

Accentia Technologies Climb On Two US Acquisitions

Accentia Technologies went up 2.87% to Rs 114.75 in afternoon trading after signing accords to get hold of US-based G. S. R. Physicians Billing Service Inc. and GSR Systems Inc.

Impact Of Inflation Decelerates Under Study - RBI

Pune: Yesterday, Y V ReddyRBI Governor, Y V Reddy stated that the deceleration in inflation that dan

Big Expectations From Reliance Energy - Gujral

Technical Analyst Ashwani GujralTechnical Analyst, Ashwani Gujral is of the view that Reliance Energy can touch Rs 720.

Mr. Gujral said that Tata Power and Reliance Energy are the strongest options. Reliance Energy beyond Rs 580 is poised to go up to Rs 720 and for Tata Power, Rs 620 is a key level that should probably be headed in the direction of Rs 750-760.

“I think some rub off from the capital goods space, those electrical equipment stocks is now rubbing off even to the energy stocks,” He added.

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News in Focus

Tata Power Share Price Declines by 3.45%; Immediate Support at Rs 339.95

Tata Power shares opened today's session at Rs 361 and that remained day's high. The stock drifted to intraday low at Rs 350 and closed the session near day's low.

Tata Steel Share Price in Focus; Quarterly Profit Better than Expectations

Tata Steel shares declined by 2.5 percent on Monday and the steel major is currently trading near its 52-week lows.

IREDA Share Price Declines by 4.2%; Major Support at Rs 185 for Recovery Till Rs 205

IREDA continued its decline on Monday with 4.2% lower closing for the session at Rs 186.6. The Public Sector renewable energy major has lost nearly 15 percent over the last one month.

Suzlon Energy Share Price Declines 18% in a Month; Stock Could Take Support from Rs 50

Suzlon Energy shares have witnessed strong selling from Rs 65 levels and the stock slipped 2.8 percent. Suzlon Energy has declined 18 percent during the last one month.

Emaar India to Invest Rs 1600 Crore in Luxury Housing Project Urban Ascent in Gurugram

Emaar India, part of Dubai-based Emaar Properties, has announced a substantial investment of Rs. 1,600 crore to develop a new luxury residential project, Urban Ascent, in Gurugram's Sector 112.

Indian Markets Face outflows of Rs 64,000 Crore from Foreign Portfolio Investors in January

The Indian equity markets have faced substantial foreign portfolio investor (FPI) outflows of Rs.