Saturday, 21 January 2012

Dow and S&P 500 Post Best Week Since Christmas


U.S. stocks posted their best week since Christmas, even with a mixed finish on Friday after strong earnings from tech bellwethers IBM (IBM.N) and Intel (INTC.O) contrasted with Google's (GOOG.O) disappointing report.
The market heads into the most hectic week so far in this earnings season after a mixed start, with some worries over revenue and growth offset by sharp cost-cutting to protect the bottom line.
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RIL Q3 Profit Drops; Approves 104.4 bln Rupees Buyback

Energy conglomerate Reliance Industries reported its first quarterly profit drop in more than two years, and moved to bolster its underperforming shares by announcing a share buyback of up to 104.4 billion rupees. Reliance, India's biggest company by market value, said it would buy back up to 120 million shares at a maximum price of 870 rupees, its first share buyback since 2005 and the biggest ever in India.


At the maximum price, the buyback represents an almost 10 percent premium to Reliance's closing share price of 792.65 rupees on Friday.

Reliance, which has a market capitalisation of about $51 billion, said it held cash and cash equivalents of $14 billion as of the end of December.

Friday, 20 January 2012

Commodity Tips

 THE EQUICOM CALL: 


SELL GOLD (FEB.) BELOW 27260 


TG-27230-27290/27250


 SL-27295 


FOR MORE ACCURATE CALLS VISIT OUR SITE 

WWW.THEEQUICOM.COM OR CALL 0731-6458808 

OR 09200009266

MCX-SX Call

 THE EQUICOM CALL:


 BUY USDINR (JAN.) ABOVE 50.46


 TG-50.52/50.60/50.70 


SL-50.39 


 BUY GBPINR (JAN.) ABOVE 78.16


 TG-78.24/78.35/78.55


SL-78.07




FOR MORE ACCURATE CALLS VISIT OUR SITE 

WWW.THEEQUICOM.COM OR CALL 0731-6458808 

OR 09200009266

AGRI TIPS

 THE EQUICOM CALL: 


SELL SYOREFIDR (JAN.)SOYA REFINE OIL BELOW 698 


TG-694/689/682


 SL-703.10


 SELL TMCFGRNZM (JAN.) BELOW 4510 


TG-4480/4440/4390 


SL-4546 


FOR MORE ACCURATE CALLS VISIT OUR SITE 

WWW.THEEQUICOM.COM OR CALL 0731-6458808 

OR 09200009266

BANK NIFTY FUTURES

 THE EQUICOM CALL: 


SELL BANK NIFTY FUTURES BELOW 9300


 TG-9275/9245/9210


 SL-9235. 


FOR MORE ACCURATE CALLS VISIT OUR SITE 

WWW.THEEQUICOM.COM OR CALL 0731-6458808 

OR 09200009266

Stock Tips

 THE EQUICOM CALL: 


BUY SHRIRAM TRANSPORT FUTURE ABOVE 555 


TG-558/562/567


 SL-550.  


SELL ADANI ENTERPRISES FUTURE BELOW 439 


TG-436/432/427 


SL-444    





FOR MORE ACCURATE CALLS VISIT OUR SITE 


WWW.THEEQUICOM.COM OR CALL 0731-6458808 


OR 09200009266
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