* The Sensex was up 357.72 points on Friday, 9 March 2012 possibly because some sections of the market knew of a likely CRR cut, which materialized late evening after market hours as the RBI announced a 75bps cut. SEBI must look into this.
* Akhilesh and Mulayam have the last laugh in the battle of wits. The fallout of this victory could be demand of a midterm poll and this shall surely bring the market lower to December lows.
* Cotton growers shall fetch a better price as Sharad Pawar is seeking revocation on its export. Does that mean the supply to domestic users shall shrink?
* MCX will command a trading turnover which shall baffle not only the promoters but SEBI too!
* A downgrade from S&P is very likely if the FM fails to take bold steps containing the fiscal deficit.
* Federal Bank is open to the acquisition route in creating a large number of branches beyond Kerala. The scrip is all set to touch Rs.500 soon.
* Tata Coffee is the hot beverage stock. No wonder FIIs are after it day and night!
* Tata Motors Differential Voting Rights (DVR) is the safe bet in automobile segment....not because the industry or the company is doing well but purely on the shrinking gap between the original and the DVR shares.
* India Gylcols has been reporting terrific performance since last two or three quarters. But the counter fails to attract marketmen’s attraction. Buy and hold for six months.
* HCL Infosystems is likely to bag Rs.2,200 crore ‘Aadhaar’ project from UIDAI as it is the lowest bidder. Scrip may see some rally once the news is officially announced.
* GMR Infra has also put few of its road assets on the block. Stay away from the counter as it seems another case of distress sale.
* J Kumar Infraprojects has shot up significantly in the recent past. Time to book profits and buy later at sub Rs.140 levels.
* Country Club India Ltd. with a book value of Rs.77.13 and P/E of only 5.38 seems to have bottomed out at the current price of Rs.6.88.
* Sintex Industries at Rs.83.65 is looking explosive on the charts and the next target seems to be Rs.87-96.
* Akhilesh and Mulayam have the last laugh in the battle of wits. The fallout of this victory could be demand of a midterm poll and this shall surely bring the market lower to December lows.
* Cotton growers shall fetch a better price as Sharad Pawar is seeking revocation on its export. Does that mean the supply to domestic users shall shrink?
* MCX will command a trading turnover which shall baffle not only the promoters but SEBI too!
* A downgrade from S&P is very likely if the FM fails to take bold steps containing the fiscal deficit.
* Federal Bank is open to the acquisition route in creating a large number of branches beyond Kerala. The scrip is all set to touch Rs.500 soon.
* Tata Coffee is the hot beverage stock. No wonder FIIs are after it day and night!
* Tata Motors Differential Voting Rights (DVR) is the safe bet in automobile segment....not because the industry or the company is doing well but purely on the shrinking gap between the original and the DVR shares.
* India Gylcols has been reporting terrific performance since last two or three quarters. But the counter fails to attract marketmen’s attraction. Buy and hold for six months.
* HCL Infosystems is likely to bag Rs.2,200 crore ‘Aadhaar’ project from UIDAI as it is the lowest bidder. Scrip may see some rally once the news is officially announced.
* GMR Infra has also put few of its road assets on the block. Stay away from the counter as it seems another case of distress sale.
* J Kumar Infraprojects has shot up significantly in the recent past. Time to book profits and buy later at sub Rs.140 levels.
* Country Club India Ltd. with a book value of Rs.77.13 and P/E of only 5.38 seems to have bottomed out at the current price of Rs.6.88.
* Sintex Industries at Rs.83.65 is looking explosive on the charts and the next target seems to be Rs.87-96.
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