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Markets Bounce Back :Closes Up By 326 Points
2007-11-23 11:11:18
Finally the markets are back into action.After a long sea-saw session the markets ended the day in green by gaining over 326 points to settle at 18852 levels and nifty at 5608 levels up by over 89 points.In the morning session the markets slid into red after the news of serial blast came from UP and minutes before the close it saw a good momentum in scripts like power,reality and IT stocks. But the investors need to remain cautious over the next week or so, as some triggers from US may lead to high volatility in the market.But as always we believed that the faster the market goes down the faster it recovers, and we are going to see this in coming days.If the markets remain up and over 18,300 levels we will definitely see some good gains next week.The other triggers could be the Fed meeting next month and the Reliance issue. Some of our calls given for Friday did very well like Welspun(I) up 20%,Marg ,Simplex Real,Modern India,DCM shr Industries,GTC industries gained 5% each in the intr
Read more: Bounce , Markets , Points

Have A Look At These Scripts
2007-11-22 23:00:45
For short term and medium term keep an eye on the following scripts: Nucleus Soft          cmp 329 D-link                      cmp 99 Marg                        cmp 381 Simplex Real          cmp 313 DCM Shr Indu       cmp 84 Modern India         cmp 686 GTC indu                cmp 571 Infy                          cmp 1531 Welspun(I)             cmp 85 Sical Logistics         cmp 240 PNB                         cmp 605 Jaiprakash Ass       cmp 1625 Good Luck!
Read more: Scripts

So Whats The Next Stop For The Markets?
2007-11-22 09:49:29
The markets opened the day in a weak note with both sensex and nifty losing.The sensex touched the days low of 18,199 points and from there it recovered nicely to touch intra day high of 18,686 just before closing.But at the end of the day it lost 76 points to settle at 18,562 points and nifty lost 42 points to settle at 5,519 levels. The key losers included Reliance energy,DLF,NTPC,L&T,ONGC,RCom etc.Finally the market was lead by some banking stocks like PNB,Kotak Bank,Federal Bank, HDFC, ICICI, Andhra Bank.The US markets will be closed on Friday due to ThanksGiving Day Celebration so the sensex will be mostly affected by the movements of the key Asian  Markets . The Nifty has a good support levels at 5475 levels and sensex at 18,300 levels.Once these levels are breached a further downslide is expected in the markets.The next resistance levels for the markets would be at 5,700 levels for nifty.Meanwhile BHEL has won a major deal today worth 2,108 crores from Maithon Power Limited(


A Research Report On The Falling Markets
2007-11-21 11:33:00
A big bull run and then a sharp decline phase,well its becoming more or less synonymous with the Indian share markets.With todays loss of 678 points,the 4th largest single day decline,the share markets has continued its successive 5 day losing streak.But the question arises whats going wrong with the markets.Is it that the economy of the country is slowing down or is it that the foreign money is moving out of the markets or anything else. Lets start with todays market stats.The markets began the day with sensex at 19280 levels and then started the downslide.The much awaited Religare IPO finally started trading on the markets.It got  listed at Rs 324 versus the issue price of Rs 185. The stock touched the highs  Rs 600.The BSE index was moving in between 18,515 to 19,218 levels.And it finally ended the day with a loss of 678 points to settel at 18,602. In majority of the sectors including banking ,metals,capital goods,real estate etc there was a heavy sell off by both FIIs and the ret
Read more: Markets , Research

IPOnalysis:Edelweiss Capital
2007-11-20 07:22:25
Edelweiss Capital  is basically a financial company which provides its services in investment banking,asset management & wealth management.It also deals with stock broking.As we all know that it has finally decided to come up with a initial public offering with 8.30 million shares of face value of Rs 5,and it is following 100% book building process for it. The best part of the story is that a few big foreign investors from US,UK,Spain have already taken  34 % stake in the company before its proposed IPO.The 34% stake is basically held by GIC singapore, greater pacific, Galleon, Americrop ventures and Lehman Brothers.The price band of the stock is fixed at Rs 725 to Rs 825 each.It has already opened its subscription on nov 15th.The company is expecting to rake in Rs 608 crores at lower price band and RS 692 crores at the upper price band. Major reasons for bringing  the IPO: Enhancement of margin maintenance with stock exchanges. Establishing additional offices and acquisition of


GMR:Will This Be The Next Big Story?
2007-11-18 05:33:43
GMR  which stands for Grandhi Mallikarjuna Rao,as we all know, is one of the leading Indian Infrastructure companies.Of late there has been much talk on this script in the share markets.So lets have a look at the over all prospectus of the company in detail. GMR was actually founded some 30 years back by Mr.Grandhi Mallikarjuna Rao,basically as a jute manufacturing company.From there slowly it grew into the infrastructure space which is now worth 38,122 crore of market cap.Presently it has got presence in many areas such as  Airport,Energy,Urban Infrastructure and Highways,Agri Business,Corporate and internal services.See how the empire of GMR has spread all over India. 1.Delhi Airport — Modernisation Project. 2.Uttarakhand — 140 MW Hydro Project. 3.Ambala-Chandigarh–Express Highway. 4.Mangalore — Barge based Power Plant. 5.Chennai — 200Mw Diesel Power Project. 6.Arunachal Pradesh — 160 MW Hydro Project. 7.Orissa — 1050 MW Thermal Project. 8.


Sensex Creates Another Record:Up By 894 Points
2007-11-15 02:14:17
It was the day everyone out there in D-Street was waiting for from the last 10-12 sessions.The markets yesterday Zoomed by about 894 points to gain its biggest intra day movement.The nifty also settled at 5937 with a gain of 242 points.All the sensex ended the day in positives with investors gaining over Rs 1,00,000 crore.The biggest gainers included HDFC bank,ICICI bank,RIL,Wipro,Satyam,Infosys,ONGC,Hindalco. The markets had earlier lost about 1,239 points from Nov 2nd onwards.The last two trading sessions has seen a rise of about 1,192 points in total with almost recovering the losses.As it was reported earlier that the economy and fundamentals in general was looking positive.  Now lets have a look at how the call given here in the last few days have performed:   Stock                       Rec price             Cmp         STC India                    1119                 1499          Welspun Gu
Read more: Creates , Points , Record

Markets All Set To Bounce Back
2007-11-14 00:20:31
Finally the US markets firmed up on Tuesday following the results from two biggies Goldman Sachs Inc & Wal-Mart Stores Inc and gained around 320 points or 2.46%.Meanwhile the oil prices were also down by about $3/barrel which also led to the market rally.Hopefully the Indian and the Asian markets will follow the cue.Markets showed some good signs yesterday itself by firming up 298 points and settling above 19,000 mark.And some of the calls made yesterday like Welspun Guj and Dredging Corp has returned over 10% intra day. So lets have a look at few more stocks: Essar Oil                       cmp 88.5 Noida Toll                     cmp 57.6 Torrent Power             cmp 196 (Recommended Earlier) Neyveli Lignite             cmp 203 STC India                      cmp
Read more: Bounce

Markets Ends Higher:Up By 360 Points
2007-11-30 23:52:02
So finally as expected and predicted over here “The markets did close with a positive tone”.The sensex gained 360 points to close at 19363 points and nifty was up by 128 points.Over all the market breadth was positive with 815 advances against 378 declines in nifty.That did set the mood of the investors. In week ending Nov 30 many sectors were up like BSE IT and Capital goods was up by 5%,Reality was up by 8%,Bankex was up 4.6%.Finally due to the weakening dollar the IT sector also seems to be moving up.Everyone i eagerly waiting for Fed rate cut in mid Dec which may give a further boost to the markets.In Indian context there is some news that GDP growth has slowed down to 8.9% in july to sept quarter from 10.2% in corresponding period last year.Thats a bit of concern but as always the Indian economy is poised to grow at a good rate. The month of Dec is expected to be a bit jittery for the markets.It may be range bound at the most.20,000 in sensex is what everyone must be l
Read more: Higher , Markets , Points

Markets Beat Global Cues:Down 189 Points,What Lies Ahead?
2007-11-28 21:14:07
Well yesterday was a day with ups and downs,the share markets opened the day with a positive tone made some handsome gains before slipping into red.At the end of the day because of the profit booking the markets lost 189 points or 1% .The nifty was also down with losing over 81 points.The nifty has a support at 5500 levels and sensex at around 18,700 levels. It is worth while to see how the markets react to all positive cues from US markets and Asian ones.It was one of the best days for US markets with Dow getting its Biggest 2-day gains in the last 5 years basically due to the expectation of a rate cut coming in soon in Dec by Fed. Reacting to this news Dow and Nasdaq gained 2.55% and 3.18 % respectively. The IT sector had also made some modest gains in the last week or so,with rupee depreciating over 1.15% when the CNX IT index gained 3.11% in.I -flex gained 11.70 %,Hexaware was up by 7.49%,HCL was up by 5.75% ,TCS by 5.41% in between Nov 21 and Nov 27.Some
Read more: Global , Markets , Points

Markets All Set to Recover For A While
2007-11-27 22:50:35
Finally what we predicted yesterday at this place came true and the markets shed 120 points to settle down at 19,127 points owing to the fresh sub prime cases and weak Asian markets.But the IT pack seems to be recovering partially at this point of time. The investors need to remain cautious before entering into this scripts.Infosys can be bought at lower levels with 5-6 months target.But the US markets had a great recovery yesterday with both Dow & Nasdaq recovering smartly by 1.7 % and 1.57% respectively.And also the crude oil prices are down to $94/barrels level.But for the European markets ,all other markets including the Asian markets have recovered to some extent.So overall we can expect the Indian markets to respond in a positive manner today. Now lets see how the calls made yesterday have performed.Essar oil was up by 16%,Simplex real was up by 5%,Modern India was up by 5%,Marg was up by 1.8%,Pudumjee agr was up by 5%,Prime textile was up by 5.5%,Ispat was down by 2.32%,khod
Read more: Markets

Sensex Recovers Partially,Choppy Days Ahead
2007-11-26 22:45:46
Taking a cue from the US and the neighborhood Asian markets the sensex gained back from its lows on Monday to close at 19247 points,up by over 394 points and nifty was up by 123 points.All the stocks from the sensex ended their day in green by gaining a few % points.The sensex supporters included RIL,ONGC,HDFC Bank,Bharti Airtel,TATA Steel and the IT pack. But the near term future looks a bit dull with US markets down due to fresh credit concerns. Both Dow & Nasdaq ended down by 1.83% and 2.14% in yesterdays trade.Most of the major front line stocks shed weight and were down considerably.The Fed has also decided to inject some $8 billion into the banking system in the coming weeks. So back home the investors need to be a bit cautious while trading.While the future in long term looks bright as always in India ,but the current events points to some concerns in the coming days.The FIIs also have turned net sellers from the data of SEBI.Invest in the IT sector in every dip and hold on


Markets May Bounce Back Today
2007-11-25 20:00:27
The market outlook for the coming  week looks positive with US markets showing some sort of recovery late last week both Nasdaq and S&P 500 closing in green and gaining over 1.3% and 1.6% respectively.And over the weekend the Indian markets also recovered partially by BSE gaining 326 points and NSE 89 points. There could be movements either way today but we feel its time for the markets to bounce back as the inflation also down as compared to the previous weeks and at this stage a few stocks looks good in valuations & price.Some stocks which are expected to show good results include: RPL                         cmp 209 TATA motors        cmp 714 Infosys                   cmp 1558 Simplex Infra        cmp 599 Reliance Energy    cmp 1725 GMR Infra            cmp 244 Neyveli Lignite     cmp 214
Read more: Bounce , Markets , Today

REC IPO Allotment And Listing Dates:March 12th 2008
2008-03-09 22:10:06
Rural Electrification Corp  (REC) which raised about Rs 1,640 crores will  be listing  in the markets on Mar 12th,2008.It hit  the capital  markets on Feb 19th with 15.62 crores equity shares with the price band of Rs 90 and Rs 105.Amidst high volatility in the markets the issue was subscribed  27 times within [...]
Read more: Allotment , March

Sensex The Biggest Loser Among Asian Markets:Sensex Had Lost 21% In 2008
2008-03-08 08:28:51
The four long years of bull run some how looks to have come to an end with markets hitting a new low figure almost everyday.Indian share markets gained a handsome 45% roughly in 2006 and 2007. Then came the US recession story and from there onwards it has started bleeding along with the neighboring [...]
Read more: Asian , Biggest Loser , Loser , Markets

Railway Budget Out:Cuts Passenger Fares And Freight Rates.
2008-02-26 14:03:05
Railway Minister Lalu Prasad Yadav today presented his fifth consecutive Railway Budget for the year 2008-09.As expected the budget was a people centric one keeping in mind the coming elections in the year May 2009.It is one of the biggest ever annual plan for the Railways to spend over Rs 37,500 crores in this [...]
Read more: Freight , Passenger , Rates

Pre-Budget Rally:Will We See Something Of This Sort?
2008-02-25 14:10:58
Its the time of the year again to face another budget of the Union Government.It is said that this time we will see a popular Aam Aadami Oriented budget from the finance minister.This is the last budget to be presented by UPA govt before it faces the election in May 2008.The budget session of [...]
Read more: Rally

Reliance Power Issues Bonus: 3:5
2008-02-24 16:27:36
The ADAG board which met on Feb 24th approved the bonus issue of shares in the ratio 3:5 or 3 shares for every 5 held.This is surely going to reduce the prices at which investors bought the shares in the IPO and there will be certainly reasons to cheer about now.The IPO cost for [...]
Read more: Bonus , Issues , Reliance

The Inside Story: What Went Wrong With Reliance Power Stock Listing?
2008-02-23 14:23:36
Reliance Power IPO the biggest one to hit the Indian markets attracted some great interests among the investors and FIIs alike.There were many other records which were broken by this IPO from ADAG group.But finally it went down into the pages of history as one of those high profile IPOs which garnered very less [...]
Read more: Reliance , Stock , Wrong

Relaince power Gets listed in the markets:At Rs 525
2008-02-10 23:20:39
The maga IPO which was being awaited all these days with so much euphoria got finally listed in the markets today at RS 525 against the offer price of Rs450/share getting a premium of just Rs 75 even below the expectations.And within moments it has slipped below its offer price of Rs 450 and [...]
Read more: power

Relief Rally In Markets:May Surge Ahead Along With Global Peers
2008-03-11 22:35:19
Well finally a temporary relief rally seems to have come into the markets.Sensex gained close to 200 points and and Nifty was up by 65.50 points.With the surging US and Asian markets the Indian share markets gained some good points yesterday.The trend is very much likely to continue today too.In yesterday’s trade in [...]
Read more: Global , Markets , Peers , Rally , Surge

JPMorgan About To Buy Ailing Bear Stearns,Fed Cuts Discount Rates By 3.25%,Asian Stock Markets Crash–>Indian Markets To Follow The Cue.
2008-03-16 22:52:31
In a major development going on in the USA,the fifth largest  Investment bank Bear Sterns is on sell for a mere $2 per share, or $232.6 million. and the company is being bought by another major investment bank called JPMorgan . This stunning last minute decision is being taken by the board of Stearns .htm">Bear Stearns [...]
Read more: Asian , Discount , Markets , Rates , Stock

Fed Cuts Interest Rates By 75 Basis Points To 2.25%:Markets To React Positively.
2008-03-18 21:43:42
Well that was some thing most expected. Even I had written in my previous posts that a Fed rate cut in the current situation is imminent. There was no escaping to this with US markets and its economy hitting the lower circuits almost every other day. The Fed which met yesterday night(Indian timing) slashed [...]
Read more: Basis , Interest , Interest Rates , Markets , Points , Positively , Rates

Sensex Down By 951 Points:Second Largest Fall Till Date,What Lies Ahead?
2008-03-18 13:21:26
Well I am a bit late covering such an important event in the Indian share markets. But better late than never. Yesterday I posted an article just before the opening of the trade in the Indian markets warning of a huge fall. And the same thing happened moments later with sensex nosediving by over [...]
Read more: Largest , Points , Second

Sixth Pay Commission Report Out:Find Out Whats In Store For The Govt Employees
2008-03-24 05:47:33
So finally the much awaited Sixth Pay Commission report was submitted to the finance minister Mr.P.Chidambaram today,but the details are yet to be disclosed. Well this is a piece of good news for all the four million central Government employees. The last pay commission was declared way back in 1997 at an annual [...]
Read more: Store

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