BOR: Market Outlook: Indian markets will have positive opening today tracking positive sentiments on the global space.

Market Outlook: Indian markets will have positive opening today tracking positive sentiments on the global space. Nifty has major supports at 4280 -4330 and resistances are at 4450-4500. Midcap stocks will continue to outperform.

Nifty Outlook: Pivot Point: 4393 R1: 4437, R2: 4483, R3: 4526 S1: 4347, S2: 4304, S3: 4258

Results today: Hindalco, Ispat Industries, Gammon India, Gammon Infra, HOEC, Indiabulls Retail, Bharati Shipyard, Financial Tech, Fortis Healthcare, Omaxe, S Kumars, Kingfisher Airlines, Adlabs Films, Akruti City, Ansal Housing, Asian Electronics, Atlanta, Aurionpro, Austral Coke, Bombay Dyeing, Brandhouse Retails, EIH, Ess Dee Aluminium, Hikal, Kolte Patil, KRBL, Monnet Ispat, Prime Securities, Radico Khaitan, Rei Six Ten Retail, Time Techno, Titagarh Wagons, Tulsi Extrusions, Vishal Retail, Welspun India


On the global front: Wall Street ends higher; Dow up 91 points & Asian markets trading higher; Hang Seng, Nikkei up: The Wall Street ended in the green on broad based buying, there were no real triggers. Convicted ponzi swindler Bernie Madoff was sentenced to 150 years in federal prison and oil topped 71 dollars a barrel. The CBOE volatility index also dropped. The Dow Jones gained 90.99 points, or 1.1%, to 8,529.38. The S&P 500 index rose 8.33 points, or 0.9%, to 927.23, while the NASDAQ Composite Index added 5.84 points, or 0.3%, to 1,844.06.

Stocks in action for the day: HDIL, Sobha, GMR Infra, HCC, RNRL

Vijay Mallya - Exclusive: Sources -Vijay Mallya to raise funds via sale of treasury stock -Shaw Wallace likely to sell 5% in USL shortly -Looking to raise between $150-200 million via stake sale-Proceeds likely to be used to repay USL debt -Alert: Shaw Wallace holds 1.02 crore shares or 10.27% stake as on March end


Sobha- Exclusive: -Sobha QIP (qualified institutional placement) closes; raises $112 million: Banker -Sobha to raise $100-130 million, floor price Rs 209.36/Share


HDIL: -Likely to raise approximately $400 million from QIP: Sources -Capital likely lead investor in HDIL QIP: Sources -Alert: HDIL opens book to raise $300 million, provision to upsize up to $450 million -Alert: HDIL QIP price band Rs 240-250/share

GMR Infra: -QIP of $500 million opened yesterday: Sources -QIP floor price Rs 142.25/sh:

HCC: -Board approves Rs 1500 crore QIP issue -Halbis likely lead investor in HCC QIP: Sources -Alert: QIP floor price Rs 102.15/share -Alert: Stock in focus: Bandra-Worli sea link to open today

Bajaj Hindusthan: -Board approves Rs 1500 crore QIP issue -QIP priced at Rs 204/share:

Novelis : -Q4 sales down 32% to $ 1.92 billion -Full year net loss at $1.9 billion versus net loss of 117 million

TV18 FY09 Consolidated : -Revenue at Rs 489.80 crore versus Rs 398 crore -EBITDA loss of Rs 123.98 crore versus gain of Rs 80.85 crore -Net loss of Rs 166.34 crore versus profit of Rs 5.57 crore ((Not comparable due Provisions/One-Off Adjustments and consolidation of Infomedia18))

IBN18 Broadcast 09 : -Consolidated net sales at Rs 182.72 crore versus Rs 131.18 crore
-Consolidated net loss at Rs 92.00 crore versus net loss of Rs 23.44 crore -Standalone net sales at Rs 180.86 crore versus Rs 131.18 crore -Standalone net loss at Rs 68.22 crore versus net loss of Rs 6.87 crore

Gujarat Alkalies 09 Standalone: -Net sales at Rs 1,386.82 crore versus Rs 1,133.63 crore -Net profit at Rs 192.27 crore versus Rs 224.08 crore (YoY) Q4 Standalone -Net sales at Rs 338.99 crore versus Rs 305.90 crore -Net profit at Rs 21.58 crore versus Rs 18.35 crore (YoY)

JM Financial Q4: -Total income at Rs 75 crore versus Rs 209 crore -Net operating profit before tax at Rs 96 crore versus Rs 124 crore -PAT at Rs 86 crore versus Rs 100 crore

Apollo Hospitals FY09 Consolidated: -Net sales at Rs 1,614.2 crore versus Rs 1,214.7 crore-Net profit at Rs 102.5 crore versus Rs 77.1 crore

Exclusive: Sources Say: RNRL to write another letter to RIL on talks offer

Bank of Rajasthan board approves Rs 250 crore QIP issue

Wockhardt says looking to divest non core business in 3-6 months

Aurobindo sues SA govt after failing to win $400 million tender for medicines to treat AIDS

Arcelor Mittal, Rio Tinto, GVK Power in race to acquire Coal India’s abandoned mines

BL Kashyap bags orders worth Rs 560 crore

Areva T&D bags order from Hindalco for rectifier stations

Bright Brothers buy back at max Rs 50/share

Board meet: City Union Bank on issue of shares

Ex-dividend: Reliance Capital @ Rs 6.50/sh