A very good morning to all the visitor's of the blog. News from major stock indices of US including (DJIA, Nasdaq, S&P 500) is promising as all the three indices opened in green today morning.

The opening stock prices of (DJIA, Nasdaq composite index S & P 500) is as follows:

The Dow Jones industrial average (DJIA) gained 32.57 points to open at 11,024.56. The Standard & Poor's 500 Index (SPX) was also up by 6.13 points at 1,189.84. The broader index Nasdaq Composite Index (IXIC) was up 10.21 points thus opening at 2,481.68.

(posted under DJIA stocks, Nasdaq live) - A very good morning to all the visitors to my blog, and the news from major US Stock indices is good as major stock markets of US opened in green today as there were strong quarterly earning reports arriving.

US Stocks were modestly higher in early trading as a round of upbeat earnings more than offset a new report that showed jobless claims jumped unexpectedly last week.

In early trading Thursday, the 30 share benchmark index Dow Jones industrial average (DJIA) was up by 7.49 pts at 10,610.64. The Standard & Poor's 500 (S&P 500) index was up by 2.83 pts at 1,140.87, while the Nasdaq composite index was up 15.12 at 2,306.37.

Reliance Industries Limited (RIL) rewards shareholders, issues 1:1 bonus

Source: http://business.rediff.com/report/2009/oct/07/ril-approves-1-1-bonus-issue.htm

Creating value for shareholders, Mukesh Ambani-led Reliance Industries on Wednesday said it will issue one bonus share for every share held in the company, while also announcing an interim dividend of Rs 13 per share for FY 09.

"The board of directors of Reliance Industries Ltd today proposed, subject to shareholders approval, issue of bonus shares in the ratio of one share for every share held," RIL chief financial officer, Alok Agarwal, said in Mumbai.

The shares fell 1.57 per cent to Rs 2,099 on the Bombay Stock Exchange, but is expected to jump after the unscheduled announcement.

Analysts said that the surprise announcement of a bonus issue by RIL, will definitely act as trigger for the market on Thursday and flare up the markets on the eve of Diwali.

 (posted under - Dow Futures, DJIA forecast) - Following is the forecast for the 30 share US benchmark index Dow Jones Industrial Average or DJIA , Dow Jones history , Dow Charts are also posted , You can refer to these forecasts, analyse the markets and plan your investment in Dow Components accordingly.

The most important input for analysing US Stocks markets is the opening and closing trends of major stock indices specially Dow Jones Industrial Average (DJIA) which is 30 stock benchmark index and shows how the stocks are investing, last one year was bearish as recession engulfed Dow Jones, NASDAQ, Standard and Poor 500. following are the opening and closing trends of the benchmark index Dow Jones Industrials. which however shows that the worse of recession is over and future is bullish !!

China Leads G-20 Members in Clean Energy Finance and Investment
China invested $34.6 billion in the clean energy economy



Washington, DC - -(Investorideas.com renewable energy/ green newswire) For the first time, China led the United States and other G-20 members in 2009 clean energy investments and finance, according to data released today by The Pew Charitable Trusts. Last year, China invested $34.6 billion in the clean energy economy – nearly double the United States’ total of $18.6 billion. Over the last five years, the United States also trailed five G-20 members (Turkey, Brazil, China, the United Kingdom, and Italy) in the rate of clean energy investment growth.


In Who’s Winning the Clean Energy Race? Growth, Competition and Opportunity in the World’s Largest Economies (PDF), http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Reports/Global_warming/G-20%20Report.pdf  Pew examines key financial, investment and technological trends related to G-20 members and the clean energy economy. The report tracks and measures global investment activity – ranging from venture capital, initial public offerings from companies seeking to expand, mergers and acquisitions and lending for large-scale projects – in this sector. Pew found that the global clean energy economy has experienced remarkable growth:

HCL Technologies is a global IT Services company headquartered in Noida, a suburb of Delhi, India led by Vineet Nayar, HCL Technologies, along with its subsidiaries, had consolidated revenues of US$5 billion, as of 2010, and employed more than 58,129 workers. The name HCL is an abbreviation on Hindustan Computers Limited. The company has achieved a significant rise in standalone profit and posted a net profit of Rs 262.57 crores in the Q4 FY10 of the current fiscal (FY10), ended in Mar 2010. The company had recorded a net profit of Rs 152.57 crores in the corresponding quarter Q4 FY09 of the last fiscal (FY09), ended in Mar 2009. This is an increase of 72.10%.
The company informed the market(BSE) that the net sales increased by 22.71% to Rs 1287.11 crores in Q4 FY10 when compared with the same quarter Q4 FY09 of previous year.
Share’s Data :-
BSE Code : 532281
ISIN Demat : INE860A01027
Market Cap : Rs 25776 Crores
P/E Ratio: 25.14
EPS (Rs): 14.88 in Jun 2090
Face Value : Rs 2
Last bonus : 1:1 in Dec 2006
Last Dividend : 50% in Apr 2010
52 Week H/L : Rs 388.00 / 118.25
HCL Technologies Ltd. share’s CMP is Rs 380.80 on 22nd Apr 2010.

Source:www.hcltech.com

Wipro touched an intraday high of Rs 726 and an intraday low of Rs 715.25. At 09:02 hrs the share was quoting at Rs 724.60, up Rs 20.35, or 2.89% on the NSE.
The company has announced its fourth quarter FY10 results. Its net profit rose 0.5% to Rs 1209 crore as against Rs 1203.3 crore, on quarter-on-quarter basis (QoQ), reports CNBC-TV18.

It was trading with volumes of 6,075 shares. Yesterday the share closed down 0.11% or Rs 0.75 at Rs 704.25.

On Friday April 22 Wipro Ltd Shares were suddenly Rose Up as much as 3.6 percent after india’s No3 Software service firm. On 23 April Wipro Touched an Intraday high of Rs 726 and an Intraday low of Rs 715.25. At 09:02 hrs the share was quoting at Rs 724.60, up Rs 20.35, or 2.89% on the NSE. Wipro has declared its Fourth quarter FY10 results, Its net Profit was rose ose 0.5% to Rs 1209 crore as against Rs 1203.3 crore.

Simply Reliance Plan - Reliance Mobile
Upping the ante in the telecom price war, Reliance Communications (RCom) will offer a flat rate for all calls on its network at 50 paise a minute. The scheme will replace all existing schemes.

Under the new scheme - 'Simply Reliance Plan – RCom will charge a single rate of 50 p every minute for all local, STD, incoming and outgoing roaming, and SMSes. The call rates would be applicable for all calls made from its CDMA, GSM or its landline phones.

The plan gets activated with lifetime validity, with a voucher purchase of Rs 48 for pre-paid consumers and Rs 99 for post-paid consumers. The scheme, which opens for subscription today, will be available for both CDMA and GSM services.

Source: Business Standard