Stocks To Buy - Nifty Intraday Tips 5 September 2012

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The 50-share NSE Nifty clawed back above the 5250 level, which was up 22.10 points at 5,275.85. Meanwhile, the 30-share BSE Sensex gained 60.5 points at 17,444.85.

Reliance Updates :- Chairman Anil Ambani today announced a special dividend for shareholders, and said the company is in talks to sell a 26% stake to strategic partners in its general insurance business. The special dividend, to be considered by the company's Board on September 10, is being given for completion of 25 years of his group's financial services arm Reliance Capital.

Share Market Trend Tomorrow 5 September

Indian share market today traded good and BSE Sensex rebounded. Share market tomorrow is considered to be mixed. Market may open high but global sentiments may drag markets. Nifty is expected to trade volatile and choppy at some time, traders and investors are advised to keep a close eye on market.

Long Term Stock Tips

1. BUY Larsen -and- Toubro Ltd. Long Term Target 1500 Stop Loss 1350

2. BUY Housing Development Finance Corporation Ltd. Long Term Target 800 Stop Loss 650

3. BUY Sterling Holiday Resorts (I) Ltd. Long Term Target 79 Stop Loss 76

FOR MORE LONG TERM , SHORT TERM , MID TERM STOCK TIPS CLICK HERE

Reliance AGM 3 June 2011 : At a glance

"RIL Chairman Mukesh Ambani"

37th Annual General Meeting (AGM) of the Reliance Company was held on Friday, June 03, 2011, at 11.00 a.m., at Birla Matushri Sabhagar, 19 Marine Lines, Mumbai 400 020

 India's largest listed firm Reliance Industries expects government approval for its deal with BP Plc in the next few weeks, Chairman Mukesh Ambani said at the company's annual shareholder meeting on Friday.

Reliance shares closed at Rs 936.15, down 1.65 percent, after being up 1.7 percent before Ambani's remarks. The stock was the second-biggest loser in the 30-share benchmark index.

Lets have a Quick look at the Key points of RIL AGM 2011 :-

1. The company, which has focused on energy as its core business, is now expanding in other industries.

2. The company is also looking to expand in sectors such as telecom, retail, financial services and hospitality.

3. After the government approvals for BP-Reliance partnership, KG-D6 reservoir will be jointly assessed to address technical issues in ramping up production.

On the contrary :-

There was no clarity on many things. There were lot of areas, which were unaddressed in the speech, be it banking, be it gas.

People were expecting him (Mukesh Ambani) to make major comments on future plans but Nothing significant has been spoken.