The Hindu Business Line : As the market powers its way ahead

Jogin `doubleclicked' the M&A menu to read about the latest acquisition by Google. Sridevi was reading all about Shaha Riza and the World's Banker. Dakshinamoorthy was analysing how China CITIC Bank's IPO drew keen overseas demand... Just when Khan alerted them all about the weekly market chat. Join in!

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Kay: Hi. Earnings to dictate the trend.

Sri: In the days ahead, may I say?

Dax: Sensex faces resistance at 13,500.

Jog: And Nifty at 3,950.

Dax: Around the 4,000 mark?

Sri: Belying all expectations, markets went up.

Kay: Sharply on Friday.

Sri: "The sharp wind of the north... "

Dax: From The Tempest!

Jog: Mainly on Infy earnings news.

Dax: Plus impressive manufacturing output data.

Sri: With Reliance in the midst of up-trend...

Jog: Can we expect further run-up in the indices?

Dax: Infosys has proved once again...

Sri: That they're market leaders.

Jog: Gave a shot in the arm for the bulls!

Sri: Bears are still looking with magnifiers...

Kay: For the -ves in the results?

Dax: "Deep-search'd with saucy looks... "

Sri: As in Love's Labour's Lost!

Jog: Other IT biggies could play stellar roles...

Dax: As the market powers its way ahead.

Sri: Any stock in the reckoning?

Kay: BEML on the recovery phase, did you see?

Sri: "The recovery of his recoveries... "

Dax: As the Bard writes in Hamlet!

Jog: Bombay Dyeing seen very active and bullish.

Dax: Also Chennai Petro...

Sri: India Cements recovered...

Jog: After some heavy battering!

Sri: "As heavy as my weight should be... "

Dax: The Taming of the Shrew!

Kay: Raymonds expected to have a run up from here.

Jog: Sterlite and Hindalco look interesting...

Dax: Due to the firming up of copper...

Sri: "A copper nose," as in Troilus and Cressida!

Kay: And aluminium prices on the LME?

Sri: Auto stocks are beginning a short-term rally.

Kay: Can be used by traders, do you suggest?

Dax: Watching Tata Motors and Bajaj Auto.

Jog: Banking stocks might reverse any time!

Sri: "See thee pass thy punto... "

Dax: "... thy stock, thy reverse... "

Jog: From Merry Wives of Windsor!

Kay: They have already run-up significantly...

Sri: In the last two weeks.

Jog: Hindustan Zinc lost steam!

Dax: After reaching a high of 715.

Kay: ICRA has turned out to be a bumper for allottees.

Sri: Those who missed, are cursing their luck.

Jog: "Good luck grant thee thy Demetrius!"

Kay: Hermia in A Midsummer Night's Dream?

Dax: Atlanta is hitting the upper circuit once again.

Jog: High of 1,446 on Jan 17 to a low of 231 on Apr 4.

Sri: Dangerous? Cement companies...

Kay: Is the worst over? Brokerage

houses have begun...

Jog: Giving accumulate calls? Take care... Bye!

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Lee with inputs from Mad, Lok and Bij.

Blog at http://MarketChat.blogspot.com