Breaking 200 DMA, next support is at 4950, says Nirmal Jain-part-1
last updated on March 29, 2012 at 12:28 pm
moneycontrol
The Nifty has already broken below the 200 DMA and market watchers are now hoping that it finds support at this key level. Any more lower and it could be worrisome, says Nirmal Jain, chairman of IIFL.
GVK Power has exited the Shivpuri- Dewas highway project due to unavailability of land and regulatory related issues.
The firm had bagged the Rs 4,000 crore project in 2011 which entailed constructing the 330 kms long national highway in Madhya...
Telecom operators Bharti Airtel and Idea Cellular are likely to match Vodafone 2G data tariff cuts. CNBC-TV18 learns from sources that 2G data tariffs cuts are likely between 60-80 percent and cuts are likely in non-metro circles.
On Monday,...
Moneycontrol Bureau
Tata Motors, which has been struggling in the domestic passenger car business, with sluggish sales and declining market share, on Wednesday launched as much as 8 new upgraded products in the market, including compressed natural...