Stock Market Prediction for Diwali Mahurat Trading 17th October 2009

Stock brokers, Investors and their stock member will get together and participate in Muhurat Trading, the most auspicious occasion for the country’s broking and trading communities.

NSE and BSE will have special trading sessions for Diwali Muhurat Trading on Saturday, 17th October 2009. This session will be held from 6:15 pm to 7:15 pm on Diwali Laxmi Puja day.

Diwali Mahurat Trading Prediction 17th October 2009 - Stock Market Prediction

Transiting Moon will be passing through Virgo Zodiac sign. Transiting Moon will be in Applying aspect with Transiting Jupiter, indicates Indian Stock Market may open nearer to previous closing. It may volatile, but may try to go up between 18.25 and 18.40. Mix Day for Market.

Astro Alert for Indian Stock Market October 2009

See the Power of Astrological calculation we will see fall in Indian Stock Market. Indian Stock Market will be more volatile between 20nd October 2009 and 23rd October 2009, exit all long position.

RIL board approves 1:1 bonus issue

Reliance Industries has informed BSE that the Board of Directors of the Company at its meeting held on October 07, 2009, inter alia, has recommended, subject to the approval of the shareholders, issue of Bonus shares in the ratio of one equity share of Rs 10/- each fully paid up for every one equity share of Rs 10/- each of the company. India's largest private sector refiner has issued bonus shares after 12 years. The last time it issued 1:1 bonus was on September 13, 1997. Further, the Board has declared a dividend of Rs 13 (Rupees thirteen only) per fully paid-up equity share of Rs 10/- each.

Reliance Industries declared its audited FY09 results, including Reliance Petroleum's (RPL) numbers. The company's consolidated net profit was at Rs 15,296 crore versus Rs 19,523 crore. Its consolidated net sales were at Rs 1.51 lakh crore versus Rs 1.37 lakh crore.

Reliance Industries bonus history

Year Ratio
1997 1:1
1983 3:5
1980 3:5