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

JSW Steel Share Price Target at Rs 1,350: Motilal Oswal Research

Motilal Oswal has issued a BUY recommendation for JSW Steel Limited (JSTL), setting a target price of Rs1,350 per share from the current market price of Rs1,144.

Ice Fishing Game — what it is and why it stands out

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