Enter markets at every Downfall - Indian Companies are Fundamentally Strong

Stock MarketThe stock markets internationally have been falling on worries that the sub-prime problem is dispersing to other sections and areas, and India seems to have jumped onto that trend. Here are some stocks that investors can buy in this descending market.

Anil Manghnani is confident on Kotak Mahindra Bank, Cummins, IFCI, Axis Bank, and Reliance Capital from among the Nifty Junior.

From the Nifty, Mr. Manghnani wishes all the capital goods stocks including ABB, L&T, and Bhel. He also likes HDFC, HDFC Bank, Bharti, Reliance Industries, Zee, Tata Steel, and Sail.

India To Open More Embassies

New Delhi: To promote New Delhi's tactical, economical and political interests, India is all set to open Embassies in four countries including Iceland. Govt. also plans to setup a Consulate General in Guangzhou in China.

P R Dasmunsi, Information and Broadcasting Minister told that in a conference of Union Cabinet led by Prime Minister Manmohan Singh has given authoritative approval for the opening of Missions and posts in Reykjavik (Iceland), Guatemala City (Guatemala), Niamey (Niger) and Bamako (Mali).

Four Wheeler Auto Stocks Good For Long term Gains

Viratechindia’s Rahul Mohindar has suggested investors to invest in four wheeler auto stocks for long-term.

Sanjay Dutt Distressed Over Health Hype

Sunjay DuttThe media reports about ill health of jailed Bollywood actor Sanjay Dutt have not only irked Yerawada jail officials but actor too has reportedly expressed his “unhappiness” over the issue.

The actor came across some “speculative reports about his health and expressed dejection, said sources.

The doctors, incidentally, had to return without checking up the actor because of huge crowd outside the prison.

Hamid Ansari Elected Indian Vice President

Mohammd Hamid AnsariNew Delhi: After a three-cornered contest, former diplomatist and

BSP Will Support UPA Candidate - Mayawati

UP Chief Minister MayawatiLucknow: While addressing a press conference, Uttar Pradesh and BSP president, Mayawati said that the BSP will back up the UPA applicant Hamid Ansari in the Vice-President election to be held on Friday.

She also said she had not specified her party’s support when the name of the UPA candidate was declared in July. The BSP Parliament Members will support the UPA contender.

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Tata Power Share Price Target at Rs 470: ICICI Securities

ICICI Securities has reaffirmed its BUY rating on Tata Power, projecting a target price of Rs 470, indicating an 18% upside from its current market price.

ABB India Share Price Target at Rs 6,851: Prabhudas Lilladher Research

In a measured but resolute appraisal, Prabhudas Lilladher has reaffirmed its ‘Buy’ rating on ABB India with a revised target price of Rs 6,851, slightly trimmed from Rs 6,955 earlier.

IRFC Share Price Jumps 4.3%; Looks Bullish on Technical Charts

IRFC share price jumped 4.3 percent in today's session. IRFC opened the session at Rs 125 and touched an intraday high at Rs 130.28.

Trade Setup for 15 May; NSE Nifty 50 Eyes 25,000 levels, Nasdaq Bullish and Markets Rally on CPI Data

As expected from the analysis in the previous blog, Nifty was likely to take 24,600 as a strong support level due to a bullish candlestick pattern closing above it.