Business Daily from THE HINDU group of publications Monday, Jan 29, 2007 ePaper |
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Markets
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Stock Markets Columns - Chat
Khan was reading up about ethanol economics. Sridevi was downloading one more movie from YouTube. Dakshinamoorthy was shopping at a `Fresh' outlet for the limited fare on offer... Till Jogin alerted them all about the market chat. Jump in! * * * Jog: Hi! Markets likely to continue on their up-trend. Kay: After the strong close on Thursday last. Sri: Crucial RBI meeting weekend! Jog: Bank shares to turn volatile as the RBI unveils... Kay: The mid-term review of monetary policy on January 31. Dax: Any interest rate surprise may hurt market. Kay: Already discounted the anticipated 0.25 percentage point hike. Sri: In repo and reverse-repo rate? Last week's numbers? Dax: Exide and Unitech were up more than 2% on Jan 22. UTI Bank and Moser Bear earned more than 1% that day. IVRCL, Raymond and Varun Ship ended last Monday on a +ve note. Kay: Vijaya Bank and Geojit Fin could see strength. Dax: On the back of strong quarterly numbers. Jog: The street not too impressed with Shoppers' Stop performance. Sri: UTV could find favour with market participants. Kay: After a turnaround in performance compared to the year-ago period. Jog: Ranbaxy could see some positive sentiment. Kay: Favourable ruling in Canada in Pfizer litigation? Sri: MTNL, too, could see some positive buzz. Dax: Driven by earnings performance. Chart picks? Kay: Amara Raja Batteries and Karnataka Bank. Sri: Home loans off-take has already been affected. Jog: By rising rates. Stay off home-loan financing cos. Kay: Capital goods and metals the safest bet this week. Dax: Do not burn fingers chasing penny stocks Sri: BHEL results and 1:1 bonus should... Jog: Help the market make a steady start. Dax: Pyramid Sai, a case of strike when the iron is hot. Sri: Target 325. REL has missed out on the entire rally. Kay: Time to wake up. What's up in Heritage foods? Jog: Continuous upper freeze! Steel sector good show... Sri: Set to continue. SAIL will sail to 125? Kay: Tech Mahin, contradictory noises. 2500 or 1400? Dax: `Their noise be our instruction. Ladders, ho!' Sri: The call of Lartius in Coriolanus! Bye. * * * Lee with inputs from Nat, Bad, Lok, Bij and The.
Blog at http://MarketChat.blogspot.com
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