DSIJ Mindshare

Flat start for indices

DSIJ Intelligence-3 0 2008 Article rating: 4.0

After registering a winning streak for four consecutive trading sessions, the big question on D-street is will markets rally on Thursday? Going by the early indication of SGX Nifty, that is trading with a marginal gain of 5 points at 11,491 levels, suggests that we are in for a flat to positive opening and there are bright chances that bulls may continue their upward march as both, FPIs and DIIs were net buyers in the last sessions.

ONGC reports of oil discoveries at exploration blocks located in Colombia and Brazil

DSIJ Intelligence 0 3857 Article rating: 3.5

ONGC Videsh which is wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC) has reported of oil discoveries in its onshore exploration block CPO-5 in Colombia located in the Llanos basin and major gas in the deep offshore exploration block BM-SEAL4  in Brazil located in the Sergipe Alagoas Basin.

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