Learn Forex Market Tips Online

Under the instructions of the securities and exchange board of India (SEBI), the two stock exchanges, National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have decided to change the opening of the stock markets. The two stock exchanges will open at 9 am, instead of 9:45 am from 4th January, which will be the first trading day of the year 2010.


According to one of the market analyst, the two exchanges are still trying to work out a common decision. Their postponement of the date of early opening to two weeks can’t cool down the protests from the brokers.

DB Corporation, the publisher of Dainik Bhaskar newspaper, has decided to launch an IPO on Friday. A total of 18,175,000 shares will be offered, with a face value of Rs. 10 per share.


The company has fixed the price band of the IPO at Rs. 185 to 212 per share. At the higher end of the IPO, the company has expected to get around Rs 385 crore. The IPO has been scheduled to close on 15th December

Indian stock markets remained weak owing to Dubai debt crisis worries on Friday.

Huge selling pressure was witnessed across funds as well as sectors including real estate, banking and metals.

Sensex lost more than 500 points during the opening trade in reaction to Dubai's debt postponement that hurt investor response throughout the world and recorded a steep fall later hitting a low of 16,210.44.

But, the stock index shed the majority of its losses and made recovery from day's low to lastly end the day on a feeble note.

Equity markets were trading weak, mirroring a similar fall in global markets, after Dubai World asked creditors if it can delay its debt obligations until May.

Heavy selling pressure was witnessed across realty, banking, metal and consumer durable stocks.

BSE Midcap and Smallcap index plunged 2.46 percent and 2.64 percent respectively.

Dubai had collected $80 billion of arrears by escalating in banking, realty and transportation. S&P had assigned the ratings of four Dubai-based banking institutions on negative viewpoint owing to their exposure to Dubai World.

Stock market analysts are of the view that investors can buy Steel Authority of India Limited (SAIL) stock to achieve an intraday target between Rs 199-202.

According to them, investors can buy the stock above Rs 197 with a strict stop loss of Rs 194.


Shares of the company, on Tuesday (Nov 24), closed at Rs 194.05 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 195 and a low of Rs 58.80 on BSE.

Current EPS & P/E ratio of the stock stood at 12.84 & 15.40.