Thursday, July 5, 2012
06/07/2012 stocks news

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China Cuts Interest Rates
China's central bank cut interest rates for the second time in two
months on Thursday in the latest attempt to bolster slowing growth in
the world's second-largest economy.
Benchmark lending rates will be lowered by 31 basis points to 6 percent,
and deposit rates will be reduced by 25 basis points to 3 percent, the People's Bank of Chinasaid in a statement on its website.
ECB Cuts Rates to 0.75%, Deposit Rate to Zero
The European Central Bank cut its main interest rate to a record low of
0.75 percent and its deposit rate to zero on Thursday to help tackle the
euro zone crisis that threatens to push the bloc's deteriorating
economy back into recession.
Grasim acquires Canada's Terrace Bay Pulp for $300 million
Aditya Birla Group company Grasim Industries has acquired Canada's Terrace Bay Pulp for about $300 million.
Terrace Bay which owns 285,000 tonnes of paper grade pulp capacity, will be converted into rayon grade pulp to be used by Grasim for its viscose staple fibre operations.
Terrace Bay which owns 285,000 tonnes of paper grade pulp capacity, will be converted into rayon grade pulp to be used by Grasim for its viscose staple fibre operations.
Grasim is expected to make an announcement shortly.


1. Kerala Aurveda
2.Bombay Dyeing
3.Raj Oil
4.MPS LTD
5.Lovable
6. Pantaloon
7. Atlas Cycle



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UBS upgraded Indian stocks to “overweight” citing attractive valuations
compared with growth markets in Southeast Asia and an improving trade
balance that could help improve domestic liquidity conditions.
Although the investment bank warned the country still faces a number of
challenges, including politics and potential problems in the balance of
payments, it recommended investors continue to bet on India. “We think
the risk is worth it - that either improved risk appetite globally helps
lower domestic rates, or that in the coming months an improving trade
balance does the same,” UBS said.
“As such, we think liquidity will improve and by interacting with
sensible earnings estimates (that have as much risk as elsewhere in the
region in our view) and attractive valuations, should help India perform
better in relative terms,” it added.

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STOCK MARKET ON VERGE OF BIGGEST BULL RUN OF LIFE TIME IN HISORY



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Nifty....Today Face Resistence at......5355...5395...5438
Nifty.....Today Support at ....5275...5235...5165
Nifty Range...4200--------6600

NEXT TGT FOR
WE SHORT NIFTY @6100 TGT 5350 / 4800
OUR 1 TGT HIT NIFTY 5350 OUR 2 TGT ALSO
DONE 4850 NEXT 4600/4200
DONE 4850 NEXT 4600/4200
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1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good....

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Higgs boson: scientists 99.999% sure 'God Particle' has been found

To cheers and standing ovation, scientists at the world’s biggest atom
smasher claimed the discovery of a new subatomic particle today, calling
it “consistent” with the long-sought Higgs boson, popularly known as
the ‘God particle’.
“We have now found the missing cornerstone of particle physics,” Rolf
Heuer, Director of the European Center for Nuclear Research (CERN), told
scientists.
He said the newly discovered subatomic particle was a boson, but stopped
just shy of claiming outright that it was the Higgs boson that helps
explain what gives all matter in the universe size and shape — an
extremely fine distinction.
“As a layman, I think we did it,” he told the elated crowd. “We have a
discovery. We have observed a new particle that is consistent with a
Higgs boson.”
Until now a theoretical particle, the boson is seen as the key to
understanding why matter has mass, which combines with gravity to give
an object weight.
Two independent teams at CERN said Wednesday they have both “observed” a
new subatomic particle — a boson. Heuer called it “most probably a
Higgs boson, but we have to find out what kind of Higgs boson it is”.
The leader of one of the two teams, Joe Incandela, said it was too soon
to say definitively whether it is the “standard model” Higgs that
Scottish physicist Peter Higgs and others predicted in the 1960s — part
of a standard model theory of physics involving an energy field where
particles interact with the Higgs boson.
“As a layman, I think we have it,” Heuer said. “But as a scientist, I
have to say, ‘What do we have?’... It is consistent with a Higgs boson
as is needed for the standard model. We can only call it a Higgs
boson... not the Higgs boson.”
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