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Market expected to continue upward journey this week

pennystocks — Mon, 06 Feb 2012 05:41:07 +0000

Indian indices are expected to continue their winning streak this week on the back of renewed buying interest from foreign institutional investors and encouraging US jobs data, but the fag-end of the week may see some profit-booking by investors, say analysts…. Read More http://bit.ly/yvvMDn

Markets may see profit-booking this week: Experts

pennystocks — Mon, 30 Jan 2012 12:16:56 +0000

Stock markets may witness some corrections this week with investors booking profits in the wake of a substantial gain of 1,716.06 points registered so far this month, analysts said. The BSE benchmark index Sensex has rallied over 11 per cent this month so far on the back of hectic buying from foreign institutional investors…. Read More http://bit.ly/y4RheU

Sensex plummets 371 points on weak global cues, heavy selling

pennystocks — Mon, 30 Jan 2012 12:14:41 +0000

Heavy selling pressure in capital goods and weak Asian and European cues lent a rough start to the week for the domestic stock markets. Both the Indian benchmark indices nosedived to close the session in the red on Monday. All the sectoral indices took a beating with capital goods, infrastructure, metal, power and realty stocks being the worst-hit…. Read More http://bit.ly/yguPwP

Chart Focus – Sintex Industries: Buy

pennystocks — Mon, 30 Jan 2012 12:13:06 +0000

Investors with medium-term perspective can consider buying the stock of Sintex Industries (Rs 83.3). After the stock peaked out in November 2010, it has been on a long-term downtrend. The stock resumed its downtrend after encountering significant resistance in the range between Rs 185 and Rs 190 in July 2011. It was on an intermediate-term downtrend until it found support at Rs 58 to Rs 62 zone in December 2011….. Read More http://bit.ly/zw8nAu

India to focus on fiscal consolidation in budget

pennystocks — Mon, 30 Jan 2012 12:08:53 +0000

REUTERS – The finance ministry is likely to focus on fiscal consolidation in the coming annual budget, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said in an interview to CNBC-TV18. Containing subsidies is not an easy task and the government is likely to move gradually on this issue, he said…. Read More http://bit.ly/yB6QvK

Sensex closes 371 pts lower capital goods cracks

pennystocks — Mon, 30 Jan 2012 12:05:56 +0000

It was a bad start to the week on Monday with Sensex falling nearly 400 points to close way below its psychological 17000-mark. Weighed down by banks, capital goods and metals sectors; index heavyweights Reliance and Bharti too added pressure on the market…. Read More http://bit.ly/zRIp8q

Carnival Corporation Stock Picks Highest Dividend Yield Among Its Industry Competitors

pennystocks — Tue, 17 Jan 2012 06:22:01 +0000

Carnival Corporation (NYSE:CCL) was incorporated in 1974 and offers cruises to various vacation destinations under the cruise brand names of Carnival Cruise lines, Holland America Line, Princess Cruises, Seabourn in North America, AIDA Cruises, Costa Cruises, Cunard Ibero Cruises and P&O Cruises in Europe, Australia and Asia. Based in Miami, Florida, the company operates almost 98 ships, 15 hotels and lodges which include 3.420 guests rooms, 395 motorcoaches and 20 domed rail cars…. Read More http://bit.ly/wgrMrz

Most Active Percentage Performers Penny Stocks

pennystocks — Tue, 17 Jan 2012 06:11:59 +0000

FUSE SCIENCE, INC (PINK:DROP) penny stock went up by 8.86% to close at $0.43 with overall traded volume of 2.07 million shares in the last trading day as compare to its average volume stood at 3.64 million. The company (penny stock) touched the day high of $0.46 and low of $0.41. Its total market capitalization arrived…. Read More http://bit.ly/x9cENr

Upward Movements On Coach Inc Stock Picks

pennystocks — Tue, 17 Jan 2012 06:03:37 +0000

Coach Inc (NYSE:COH) was incorporated in 1941 and is engaged in designing and marketing of accessories gifts for women, men in United States and around the globe. Based in New York, the company’s products include handbags, women’s and men’s bags, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches and fragrance products. The company is reported to have 345 retail stores and 143 factory leased stores in United States. Moreover the company has 169 coach department stores, retail stores and factory stores in Japan… Read More http://bit.ly/zsQbaX

Nifty futures volumes in Singapore exchange soar 30% in 2011

pennystocks — Mon, 16 Jan 2012 07:41:03 +0000

Singapore is not quite a threat to the domestic stock market yet, but it is getting there. ‘Futures’ contracts on a basket of Indian stocks (SGX Nifty) now register a tenth of the volume at the National Stock Exchange for similar contracts. Volumes in SGX Nifty futures traded in Singapore surged to a record high and were up 30 per cent in 2011 over the previous year…. Read More http://bit.ly/zRUgd1