Tuesday, January 4, 2011

4 JAN, 2011

Today's Call

Buy-Sell Nifty
Buy Rel Infra
Buy Cipla
Buy Jindal Saw

All Make Profit

Having Position IN MEtal Stocks, Now

In MCX
NG, CRUDE, Zinc Rocking...

Sunday, January 2, 2011

HAPPY NEW YEAR

BUY SBI @ 2811 LONG TERM TARGET 3051 3500
ALLCARGO GLOBAL @ 147 LONG TERM TARGET225

Reliance Communications signs MoU with CDBC for $1.93 billion

MUMBAI : Reliance Communications (BSE: RCOM: 532712; NSE: RCOM) on Wednesday has signed an MoU with China Development Bank Corporation for a syndicated loan of Rs.90 billion($1.93 billion) in order to finance the 3G spectrum fee.

Part of the loan amount, about $600 million will also be used to purchase equipments from Huawei and ZTE.

Shares of RCom added Rs 1.1, or 0.86%, to culminate at Rs 129.10 on Wednesday with total no. of shares being traded at 1,328,603, reported myiris.