Business Daily from THE HINDU group of publications Monday, Jan 15, 2007 ePaper |
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Markets
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Stock Markets Columns - Chat
Khan was studying how the Russian-Belarusian oil feud has been rippling through Europe. Dakshinamoorthy was exploring where the soft underbelly of last year's M&As was. Sridevi was calculating how much reduction might happen in oil prices... At least till Jogin alerted them all about the market chat. Log on! * * *
Jog: Hi! Markets hit back with such a fury... Kay: That the FIIs who have been selling, are sure to have 2nd thoughts. Sri: As every fall is being looked upon as an occasion to grab stocks... Dax: Brokers dismiss talks of major correction. Sri: Falling crude prices to aid oil marketing stocks and airlines stocks. Dax: Market poised to go further upwards. Kay: The momentum and trend points towards that. Sri: Strong industrial output numbers for November aided the sentiment. Dax: Further rally depends on corporate earnings for the third quarter. Sri: An upside up to 4,095 on the Nifty board on the cards? Jog: SKF counter witnessed bulk deals. Should help the stock... Dax: In the medium term. ICICI Bank and IFCI rallied. Kay: On NSE stake sale. Should prop up their CEPS. Sri: If ICICI shows the strength it did on Friday, 1000... Dax: Easily attainable! Market talk is that Financial Technologies... Sri: Is a candidate for bonus share. Keep an eye on it. Jog: MTNL is seeing volumes. Remained steady even as... Dax: The market slid! Could go to 200. Jog: Infosys on its way up. To 2,450 levels in the medium term? Sri: Now that Infosys results are out, brokers are gung-ho... Kay: On TCS and Wipro? Polaris has exceeded market expectations! Sri: Petrochemical stocks would also benefit from fall in crude prices. Dax: Base metals likely to remain under pressure. Sri: Though gold looks strong on the charts. Jog: Savita Chemicals did not move much. Kay: Despite the 2:3 bonus with the RD for bonus eligibility... Dax: Being January 17. Fundamentals have strength. Jog: Power transmission industry should do well over the year. Sri: Ranbaxy. A new international angle... Kay: Alluding to last week's headline? Stock is looking up too. Sri: Actually providing smart intra-day opportunities. Jog: Pharma has not been a great performer last year. Dax: Ranbaxy may well rule the roost once re-rating sets in. Kay: Tea sector has rumblings galore. Not a volcano yet! Jog: Tata Tea and McLeod. Lots of changes by way of M&As. Sri: Newer expectations on firmer tea prices. Will tea be the next sugar? Kay: IPO market is getting stronger by the day! Dax: The next few weeks will be very busy for IPO watchers. Jog: The most interesting name: `House of Pearl...' Sri: Sounds like a Jeffrey Archer novel, or a cult movie? Bye! * * *
Lee with inputs from Nat, Mad, Lok, Nil, Bij and The.
Blog at http://MarketChat.blogspot.com
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