Corporate News Headline •    Tata Motors joined hands with public sector lender Punjab National Bank to provide financing facilities to consumers for its passenger cars. (BS) •    GAIL India has bought another liquefied natural gas cargo from Royal Dutch Shell for USD 8.30 per mn British thermal units and has booked two more for April [...]

Corporate News Headline •    ONGC is borrowing about Rs. 90 bn from a group of banks to part fund the Rs. 124.4 bn petrochemical plant it is building at Dahej in Gujarat. (BS) •    DLF has been refunded the license fee amounting to Rs. 2.03 bn by the Haryana government for its proposed real estate [...]

Buy ACC with stop loss of Rs 515 for a target of Rs 570 Please read the Disclaimer .

Corporate News Headline •    Jindal Steel and Power bagged USD 8 bn project to convert coal into liquid petroleum and would produce 80,000 barrels of crude oil a day. (BS) •    Suzlon Energy has won a 100 MW world Bank-backed project in China. (BS) •    IVRCL Infrastructures and Projects bagged seven projects worth Rs. 6.7 [...]

Sell Bharti Airtel with stop loss of Rs 632 for a target of Rs 580 Buy BOC India with a stop loss of Rs 116 for a short-term target of Rs 163 Please read the Disclaimer .

Corporate News Headline •    Reliance Industries has offered one share for every 16 held in Reliance Petroleum as it seeks to merge its refinery subsidiary. (BS) •    Sadbhav Engineering bagged a contract of Rs. 15.71 bn from the Maharashtra State Road Development Corporation for 22 integrated border check-posts in the state on build operate and [...]

Buy Bhart Forge on declines with stop loss of Rs 88 for a target of Rs 115-Rs 120 Buy Reliance Industries with a strict stop loss between Rs 1240-Rs 1222 for targets of Rs 1310-Rs 1320. (This is an Intraday Trading Call) Please read the Disclaimer .

Corporate News Headline •    Tata Steel reported consolidated Q3’09 result, total income went up 4% on yoy at Rs. 332.23 bn and net profit dropped 44% to Rs. 7.32 bn. (BS) •    ONGC is planning an IPO of its subsidiary, which is building the Rs. 124.4 bn petrochemical plant at Dahej in 2011. (BS) •    [...]