Bse Tips 29 May 2009 BSE stock trading India

2009 May 29

BUY Bharti Airtel Stop Loss 762 Target 902

BUY Reliance Capital Stop Loss 902 Target 1050

BUY Cairn India Stop Loss 208 Target 244

BUY Tata Communications Stop Loss 476 Target 565

Asian Markets
Asian markets open mixed on Friday .

Nikkei Stock Average 225 up 0.06 pct at 9,457.17.
Hang Seng Index down 0.05 pct at 17,876.60.
KOSPI Index down 0.18 pct at 1,389.60.

US Markets
Dow Jones industrial average up 103.78 points, up 1.25 percent, to 8403.8. The Standard & Poor’s 500 index was up 13.77 points, up 1.54 percent, to 906.83. The tech-heavy Nasdaq composite index gained 20.71 points,up 1.2 percent, to 1751.79.

European Markets

FTSE 100 index ended down 0.65 percent down 28.69 points to 4387.54,Germany’s DAX closed down 1.36 percent down 67.89 points to 4932.88,France’s CAC 40 down 0.95 percent down 31.16 points to 3263.7.

Commodities
Gold prices edged higher.Crude oil rose $1.63 to settle at $65.08 a barrel on the New York Mercantile Exchange.Gold gained to settle at $963 an ounce.

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