The Hindu Business Line : Inflation, industrial growth numbers did the trick

Khan was studying instances of wide variances, between survey forecasts and the actuals. Dakshinamoorthy was stooped over the latest bank results, trying to decipher the sources of reported strength. And Sridevi was reading up all that was available about the aviation industry... Till Jogin messaged them to assemble for the weekly market chat. Tune in!

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Jog: Hi! 13,600 on the Sensex...

Kay: And 4,000 on the Nifty.

Dax: Important levels!

Sri: To watch out for? If the indices manage to...

Dax: Hold these levels!

Jog: Then, expect a new high this year!

Kay: Weakness persists in the market.

Dax: "Frailty, thy name is... "

Sri: Market?

Jog: But Friday's recovery was a good one?

Sri: Inflation, industrial growth numbers did the trick!

Dax: However, volatility not ruled out.

Kay: On the downside 3,935 is likely.

Sri: Last Monday, Indiabulls was up more than 3%.

Jog: And Ranbaxy, 2%.

Kay: Even as Hero Honda, TCS and Bajaj Auto...

Dax: Ended on a positive note!

Jog: Will Mayawati's victory bring about changes...

Kay: In the fortunes of the sugar sector?

Sri: "The harder match'd, the greater victory... "

Jog: As in King Henry VI.

Dax: Thanking the stars, many used the jump...

Jog: On Friday...

Sri: To exit from recent positions?

Jog: Would UP's revenge politics see...

Dax: Anil suffering reverses for backing Mulayam?

Jog: "With opportunity of sharp revenge... "

Dax: "... upon her foes," as in Titus Andronicus!

Kay: Base metals and precious metals turning weak.

Sri: Not good for Sterlite Industries, Hindalco.

Jog: Fall in the crude oil prices can help...

Dax: The oil marketing stocks.

Kay: Tata Tele always showed signs of break out...

Sri: But never delivered. This time it will?

Dax: "Most people would like to be delivered... "

Kay: "... from temptation but would... "

Sri: "... like it to keep in touch," says Robert Orben.

Jog: Say brokers, who have given it a target of 37.

Dax: RPL, up on huge volumes. Bet on it for the future.

Jog: Immediate target 100. Andhra Bank and IOB...

Sri: Ignored in the rally?

Dax: Expected to put their hands up!

Kay: To attract attention? Indiabulls Real Estate...

Dax: Might go on to touch 400.

Sri: It might not be as day-trader friendly as...

Jog: Indiabulls Fin Services?

Sri: Will not ditch u either.

Kay: Bajaj Auto showing bullishness!

Jog: On the charts..

Sri: Demerger plan helping the stock.

Dax: Also for Bajaj Auto Finance.

Kay: RPL, JBM Auto are very active stocks!

Jog: More upside likely.

Sri: Finance Ministry's directive...

Dax: To Indian Bank?

Jog: To raise market capitalisation...

Kay: That should do good...

Jog: For public sector banks!

Sri: In the longer run? Marico...

Jog: Trying for a breakout?

Dax: GSPL strong after more pipeline projects.

Kay: "A pipe for fortune's finger?"

Sri: From Hamlet? Bye!

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Lee with inputs from Mad, Lok, San and Bij.

Blog at http://MarketChat.blogspot.com