The Hindu Business Line : The roses fearfully on thorns do stand

Khan was scanning the skies for consolidation in the air. Jogin was reading the fine-print on toothpaste tubes. Dakshinamoorthy was trying to assess the impact of expansion cut backs announced by Wal-Mart... All till Sridevi messaged them, `ChTm,' to mean, as you know, chat time!

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Sri: Hi! Sensex is on the brink of...

Kay: Recording a new all-time high!

Dax: The momentum could pick up...

Jog: Once the Sensex crosses this peak? But...

Dax: Friday's trading was not very convincing.

Sri: Nifty may witness a mild correction.

Kay: Before heading up, I suppose?

Jog: GDP numbers were impressive. Exports up.

Dax: Yet, trade deficit seems to be widening.

Sri: Midcap stocks are racing ahead.

Kay: Small caps have a bit of catching up to do yet.

Dax: Last week's numbers, anybody?

Jog: Radaan Media soared 10% last Monday.

Kay: Raj TV, Tele Data In, and Trigyn Tech saw...

Dax: Gains of 5%. Era Const and Divi's Lab rose...

Sri: Almost 4%. Tata Tea and Tata Invest earned...

Jog: A profit of 2% that day.

Kay: Bajaj Auto and Nagarj Const were up more than

1% on May 28.

Sri: This week, the market could see an upside of...

Kay: Another 500 pts, according to brokers?

Dax: IT stocks could fight back in June second half.

Jog: Possible that the market shifts gear and zooms.

Sri: Copper and aluminium intl prices picking up.

Jog: Can benefit Sterlite Industries and Hindalco.

Kay: Pharma companies can see some action.

Dax: Cipla looks promising on the chart.

Sri: FMCG stocks can also play catching up.

Jog: ITC would be a promising pick in this sector.

Dax: Auto stocks down. Lower sales numbers in May.

Kay: Weakness likely to continue. Cement numbers?

Jog: Easing of cement import norms.

Kay: Pricing pressure?

Sri: On domestic companies?

Dax: Bata India became active!

Kay: Deve Cr Bank got buying support at Rs 97 level.

Sri: After a fall from Rs 120. Some bounce likely?

Dax: Asahi India should reverse up. Seems oversold.

Jog: Stock ended around Rs 105.

Kay: Try Bajaj Auto Finance for the medium term.

Dax: Bharat Electronics looked slightly overbought.

Jog: Buy on declines. Buzz in Helios and Matheson?

Kay: Upward freeze on Friday.

Sri: Venky's stock dumped during `flu' panic last year...

Jog: Back in the circuit. Watch out for it.

Kay: BHEL going ex-bonus rate. For the long haul.

Dax: UP politics adding to...

Kay: The woes of the sugar sector.

Jog: No respite to those stuck with the sector shares.

Sri: Will Deccan Aviation soar to new heights?

Dax: All in the hands of Mallya. No dull moments!

Kay: Watching China for new taxes!

Jog: Apprehending cap-gain tax on securities deals?

Sri: "The roses fearfully on thorns did stand... "

Kay: Sings the Bard.

Jog: So with the stocks on uncertain tax thorns?

Dax: Worrisome! All the best!

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Lee with inputs from Mad, Lok, Bad, Vim and Bij.

Blog at http://MarketChat.blogspot.com