Business Daily from THE HINDU group of publications Monday, Oct 30, 2006 ePaper |
|
|
|
|
|
|
|
Markets
-
Stock Markets Columns - Chat
Sridevi chuckled when reading that British companies were seeking `a smoother passage to India'. Khan was asking himself if `political' is `pathological', when `medical' is `political'. Dakshinamoorthy was tracking with interest the Redhat-Oracle battle... Till Jogin messaged them all, "Tlk mkt." Get talking! * * * Jog: Hi! Nifty nearing its all-time high of 3,773. Kay: Sensex too is nearing the 13,000 level! Dax: An important psychological resistance! Jog: Not `some warlike resistance,' as in All's Well That Ends Well! Sri: Profit booking is expected;. Nifty is bullish. Kay: Some more upside; but volatility ruled out? Jog: May be we can see on the Nifty board, 3,800 mark. Sri: Any sanctity attached to that mark? Dax: `Mark'd by the destinies to be avoided.' King Henry VI! Kay: A pause is likely before the market resumes its upward journey. Jog: Chart patterns continue to portray bullishness. Dax: A move to the 13,300-13,400 mark not ruled out. Kay: Credit Policy on Oct 31. RBI may raise... Jog: Interest by 25 bps? Bank stocks may see some action! Dax: `In such business action is eloquence,' from Coriolanus. Sri: Any hike in interest rate will affect the markets. Jog: "You shall have your desires with interest," says the Bard. Dax: SBI came out with below par results. Kay: The stock had risen quite sharply in recent times. Sri: Law of averages should act, I suppose. Jog: IOC, HPCL may rule firm due to good numbers. Dax: Zee, DCM Shriram Consolidated, Vimta Labs... Sri: Strides Arco, Brittania, And. Sugars & TVS Elec... Jog: A few stocks that could see weakness. Kay: As their numbers disappointed the street? Dax: Jindal Steel, Seshasayee Paper, Sundram Fasteners... Sri: McLeod Russel and Geojit could see strength. Kay: On the back of good results. Jog: Chart picks for the week include IOB and Sundaram Clayton. Sri: Wildcard stocks for the week are Standard Industries, KS Oils and Nocil. Dax: Tech Mahindra has surpassed all expectations. Kay: From listing price of 365 on Aug 28 to 1014 Sri: Cement. Great story? Once again, not reflected in prices. Jog: GE Ship is all set for all-time high. Target 350. Dax: Don't write off Hero Honda. Likely to bounce back! Kay: Counters that trade very active in mid-caps are BSEL Infra... Sri: And Sesa Goa. Also Sah Petroleum, it is heard. Jog: GMR Infra. Buy on declines around Rs 290 levels. Kay: ICICI, Bharti Air results did not give a chance... Jog: To the bears to raise their heads? Dax: With Bharti soaring, spotlight would be on... Sri: Reliance Communication results on Monday? Bye! * * * Lee with inputs from Nat, Mad, The, Bad, Lok and Bij.
Blog at http://MarketChat.blogspot.com
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 | The Hindu ePaper | Business Line | Business Line ePaper | 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
|