The Hindu Business Line : As clear as founts in July

Sridevi was studying the different definitions of ‘software’ in the context of ‘export’ numbers. Dakshinamoorthy was tabulating futuristic announcements by companies to compare the same with the actuals. And Khan was looking for patterns in Q2 over the years… Till Jogin ping-ed them all about the weekly market chat. Get talking!

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Jog: Last two days…

Sri: It rained cats and dogs?

Kay: Bulls showed their power!

Dax: They rescued the sugar sector and the FM…

Sri: Cleared the shadow over the cement sector.

Jog: Friday ending was nice to the bulls.

Kay: Mood clearly in favour of them…

Dax: Unless the world markets play spoilsport!

Jog: Market breadth was positive.

Sri: Sensex approaching a new high.

Kay: Advances were higher by nearly two times!

Dax: Against declining shares.

Jog: Likely to clear previous all-time high of 4,363?

Sri: Whether it would be done with…

Kay: Sheer bull power?

Jog: Markets needed some ‘short cover’ support?

Dax: Many firms announced dividends that should…

Kay: Help the stocks till the record date.

Jog: Quarterly earnings from corporates…

Dax: To influence the trades over the next month.

Sri: True, corporate earnings from majors…

Kay: Will give clues about the market direction.

Dax: From July second week onwards.

Jog: IT companies are going to be hit.

Kay: By the strengthening rupee?

Sri: Rising crude oil prices can induce…

Jog: Another fuel price hike?

Dax: Not conducive for the inflation!

Kay: Oil marketing cos to be affected…

Sri: By the rising crude oil prices.

Dax: Some are optimistic on Opto Circuits.

Sri: IFCI showing enormous volume. Could go up to…

Kay: 70. RPL could take longer to reach 140.

Dax: Unitech and Indiabulls surprisingly low-key!

Jog: When the market was upbeat?

Kay: ABB after stock-split, showing no signs…

Dax: Of slowing down? Up by nearly Rs 150 in two days.

Sri: Impressive dividends from BEL…

Kay: Zee Entt, Dredging and Mindteck India, Emami.

Jog: Tech Mahindra on the ‘short’?

Dax: Likely to find its level on the up side.

Jog: Friday close at 1,395.

Kay: AIA Engineering may cool down a bit?

Dax: Sugar! Balrampur showing excellent movement.

Kay: More action on the cards!

Sri: Also Ponni Erode consistently getting…

Dax: Good attention from traders. Track it.

Kay: And take care! Be ‘as clear as founts in July…’

Sri: As in King Henry VIII. Bye…

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Lee with inputs from Mad, Lok and Bij.

Blog at http://MarketChat.blogspot.com