Resurgere Mines and Minerals India is locked at 20% lower circuit. At 11:27 am, the share was quoting at Rs 400.45, down Rs 100.1. There were pending sell orders of 171,012 shares, with no buyers available. It was trading with volumes of 27,627 shares....

HDFC Securities has maintained its buy rating on Tata Steel with a target of Rs 865. The good results have lead to upward revision in our FY09E and FY10E EPS by 6.8% and 4.3% respectively to Rs 123.5 and Rs 132.5 respectively from earlier Rs 115.6 and Rs 127....

IAG Company Ltd has informed BSE that Mr. H Banerji was appointed as Additional Director of the Company with effect from August 27, 2008....

Shalibhadra Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 04, 2008, inter alia, has recommended the payment for dividend @ 7% (Rs 0.70 per share of Rs 10/- each) for the financial year ending March 31, 2008 subject to approval by the share holders in their ensuing Annual General Meeting....

Mphasis Ltd has informed BSE that the exercise of the following stock options have been approved by the ESOP Committee of the Company:

1. Scheme: 1998 Plan Version I & II
Options Exercised: 80

2. Scheme: ESOP 2000 plan
Options Exercised: 100

3. Scheme: ESOP 2003 plan
Options Exercised: -

4. Scheme: ESOP 2004 plan
Options Exercised: -

The terms and time period of exercise of the stock options is as per the relevant ESOP Schemes....

VBC Ferro Alloys Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 05, 2008....

Hind Syntex Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 02, 2008....

Resurgere Mines has been battered down very badly in last two trading sessions but remember that the company has posted good results and this year EPS could be above 55 and very next year the projected EPS figure could be around 100 as per the claim of the director of the company. The floating stock is low and the technical pull back is imminent what may come in future. From around 740 the scrip has come down to around 400 and thus the fall is around 45 % from the top.It is almost certain that the scrip will get very very strong support from 375- 390 level and a technical bounce can lift the stock to a level of 528-530 level (38% Fibonacci retracement level) and then around 570(50% Fibonacci retracement level). If the scrip manges to cross 570 then 610(An important Fibonacci number) level can be seen. Too much of panic is very bad and it is most likely that common people and speculators might have exited from the scrip in yesterday\\\\`s and today\\\\`s crash and may come back again to buy the same scrip at a much higher level when re-rating stories will emerge in the media....

good one. Certainely it happens...

This is good stock to buy and have long term share with better returns. nearby it will be around RS400...

India following global cues rather than its own condition. This is like to cry on death of neighbours father!What a fullishness!And if this market continues to slide then why the hell to invest in stock market...

Whether themetic & gold fund will be better one for investment? or it wil be better to invest in normal equity scheme? ...

Not necessary, that NIFTY is able to hold at 4300 in this spell of weakness....

it will fall below 3900 now...