The Hindu Business Line : Tread not into unknown terrain

Jogin was compiling a list of trillionaires. Khan was studying cases of quick sell-out a la Glaceau. Dakshinamoorthy was computing the tax implications of cross-border private equity deals... And Sridevi remembered to pool in the trio for the weekly market chat. Join in!

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Sri: Hi! Nifty is pausing...

Jog: After recording a new all-time high.

Dax: But the correction is not deep enough!

Sri: To get worrying yet.

Kay: Market likely to witness spike on Monday?

Jog: As for Nifty, be cautious below 4,207 levels!

Dax: F&O expiry this week would provide...

Jog: More room for volatility.

Kay: Expiry of the May series can see some selling.

Sri: Bank stocks could have completed their rally...

Jog: Getting in to the corrective mode.

Kay: Renewed buying is possible in FMCG sector...

Dax: As investors look for safer havens.

Sri: Last week's number, anybody?

Dax: United Spirits gained almost 10% and...

Jog: UTV Software was up 9% last Monday.

Sri: Paradyne Inf and Raj TV made a profit of about 6%,

while Reliance rose 4% and Andhra Bank saw 2% gains.

Jog: Indian Bank and Inox Leisure ended that day +ve.

Kay: Weak global prices of copper and aluminium...

Jog: To affect the prices of Sterlite and Hindalco?

Sri: Tea stocks counter could soon be cheering?

Dax: South India is likely to report a drastic fall in

production during April. Also, Sri Lanka is reporting a

fall in production. The increase in auction prices,

which has been marginal in Q1, could witness a surge

now. Response from Pakistan and Egypt are warming.

Kay: Nagarjuna Constn emerging out from weakness.

Sri: Should find support and move up.

Jog: Bullishness seen in NTPC movement.

Kay: Tata Tea in the news on stake sale in Glaceau...

Sri: Huge volumes on Friday. Looks upbeat.

Dax: Keep an eye on Tata Investments also.

Kay: Teledata counter seeing consolidation.

Jog: Around 65 levels. Any trigger?

Sri: Trigyn Tech finally found some support at...

Jog: Rs 27 level on tech rally. For short-term?

Kay: IndusInd Bank returns to profit.

Jog: The counter looks fine at current levels.

Dax: Suzlon, Friday's hero, could still rule on Monday.

Kay: Era constructions was hammered on Friday.

Jog: Could bounce back.

Sri: Bajaj Auto looks bearish?

Kay: But seemed to have been oversold.

Dax: Find value in the stock after demerger scheme

Jog: Market headed towards new high?

Kay: Not clear which way the IT stocks would swing.

Dax: Plus, suna tha ki until DLF hits the market...

Sri: There would be no fall?

Jog: Mood is so bullish that even small investors...

Sri: Trade in expensive stocks...

Dax: Like Divis Lab and Educomp.

Kay: Raj TV's good run continues.

Dax: Talks of Radaan shifting to Raj TV's...

Sri: New channel? Saw the former hitting a new high.

Jog: As the market is close to its peak...

Kay: Play with stocks you are comfortable with.

Sri: Not the right time to tread into...

Kay: Unknown territories. Bye!

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

Blog at http://MarketChat.blogspot.com