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Entries from September 2008

Indian stock market morning report (September 30, 2008, Tuesday)

Date September 30, 2008

After the overnight blood bath in the US markets, Asian markets have opened weak this morning. However, after the initial weakness they have recovered to some extent. Back home, India has signed a nuclear deal with France. However, the nuclear deal with the US is still in the pipeline. No major events are expected today. […]

Indian stock market morning report (September 26, 2008, Friday)

Date September 26, 2008

The Asian markets opened weak this morning due to uncertainty over the US Government’s $700bn rescue plan for the financial sector. Back home, the markets will await the announcements of inflation and business confidence index (BCI). Inflation has remained steady at 12.14%, though it is still very high compared to RBI’s target of 5.5%. The […]

Indian stock market morning report (September 25, 2008, Thursday)

Date September 25, 2008

Asian markets were dragged down by commodity and mining resource related stocks this morning, while banks and financial stocks fell on indecision over US Government bailout plan for the financial sector. We expect Indian markets to remain cautious and range-bound today ahead of today’s inflation data announcement.
read more here
http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_2008_09_25/
Indian stock market morning report by […]

20 Microns IPO Note

Date September 2, 2008

Price Band: Rs. 50 - 55 per share
Issue open between: September 8 - September 11, 2008
Book Running Lead Managers: Keynote Corporate Services Ltd.
To List on: NSE and BSE
Market Cap post-listing: Rs. 78 Cr. or $18 million (based on the cap price)
Executive Summary
- Incorporated in 1987, 20 Microns Ltd. (20ML) is a leading producer […]