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

Social Venture Capitalist Reviews: A Broker with Honest Trading Conditions

Social Venture Capitalist is a regulated UK-based broker that provides traders with access to diverse financial markets (Forex, stocks, cryptocurrencies, and commodities) through its proprietary so

Motilal Oswal Financial Services Share Price Target at Rs 1,024: ICICI Securities

ICICI Securities has maintained a Buy rating on Motilal Oswal Financial Services, raising its target price to Rs 1,024 from Rs 975, implying 20% upside from the current market price of Rs 855.

Waaree Energies Share Price Could Reach Rs 3,333: Anand Rathi Stock Research

Anand Rathi has maintained a Buy rating on Waaree Energies, though it trimmed the target price to Rs 3,333, implying roughly 27% upside from the current market price of Rs 2,624.

Bajaj Housing Finance Share Price Target at Rs 107: Deven Choksey Research

Deven Choksey Research has maintained a Buy rating on Bajaj Housing Finance, setting a target price of Rs 107, implying 23% upside from the current market price of Rs 87.

Cryptocurrency Mining in Southeast Asia Increasingly Stealing Electricity, Causing Massive Loss to Transmission Companies

Illegal cryptocurrency mining is draining electricity grids and funding organized crime across Southeast Asia, with Malaysia at the epicenter.

Dabur Share Price Could Reach Rs 515: Axis Securities Remains Positive on FMCG Major

Axis Securities has maintained a Buy rating on Dabur India, though it trimmed its target price to Rs 515 from Rs 550, still implying 19% upside from the current market price of Rs 433.