Financial Daily from THE HINDU group of publications Monday, Mar 27, 2006 |
|
|
|
|
|
|
|
Markets
-
Stock Markets Columns - Chat Justice always whirls in equal measure
Sridevi was giving finishing touches to an abstract painting titled `Sensex'. Jogin was classifying `offices', as `profit' and `loss' in a T-account. Dakshinamoorthy sat watching Commonwealth Games to track his favourite stars. All... till Khan buzzed them, `Cht'. Weave in, fast! Kay: Hi, all! Markets reversed direction on Friday. Sri: Putting bears on the wrong foot. Turned stronger further. Dax: Steel shares were the main drivers. More upside expected. Jog: Political resignations didn't make any impact! Dax: Markets set to go further up to 11,500, I feel! Sri: What about last week's numbers? Jog: Here! Batliboi went up almost 15 per cent on March 20. Kay: TV 18 made a gain of about 9% and Amtek about 8% last Monday. Dax: DCW was up 5%, while Aftek Info gained almost 4%. Sri: Prism Cement, NDTV and India Cem made a profit of 2% plus on the first day of last week. Close behind was MphasiS. Jog: At a gain of 1 per cent plus on March 20 were Satyam Comp and Tata Steel. Dax: Bharat Elect and Simbh Sugar managed to end that day on a positive note. Kay: This week, brokers are upbeat on Jet Air. Target 1050. Sri: Watch out for Rolta: target 280. And Berger Paints: 95. Jog: You're talking of targets like trap shooters! Dax: After being in the sidelines for a while Nahar Spinning hit the upper circuit on Friday. Will it continue this week? Sri: Don't expect me to spin a tale! Watching India Cements, Galaxy Entt and DCW. Kay: Rajesh Exports going through a fantastic run. Expect the momentum to continue. Jog: Major tech shares are trading slightly weaker. Sri: Such as Infosys and Satyam. But Wipro is bullish. Dax: Zee Tele likely to be in the limelight and show gains... Jog: If restructuring is shareholder-friendly. Kay: Areva T&D likely to gain on news flow of wider product range and better margin. Sri: Kakatiya Cement may show weakness due to lockout. Dax: Bharti Tele's plans to expand its telecom infrastructure... Jog: That's likely to be viewed positively, ask me! Sri: ITI may show firm undertone. JMO Kay: Yes, there is possibility of order flow from BSNL, Bharti. Jog: SBI associates likely to rule firm, as stock split is imminent. Dax: Interestingly, BHEL went into tailspin on Friday... Kay: Despite the market rally, yes. Buy on correction. Sri: Any rumours of stock split or bonus in McDowell? Jog: Want to know why the stock climbed more than 9 per cent on Friday? Dax: Heard that big movement could be seen in Escorts and Aftek Infosys. Kay: ACC and Suzlon can be bought even at current levels. Sri: Sterlite may be a good bet, as copper prices are going up. Dax: "Justice always whirls in equal measure... our copper buys no better treasure." Jog: Love's Labour's Lost! "Peace be at your labour, honest fishermen," as in Pericles, Prince of Tyre!
Lee, with inputs from Nat, Mad, Bij, The and Sve. Send in your views to: Chat@TheHindu.co.in.
More Stories on : Stock Markets | Chat
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|