The Hindu Business Line : Chat

Jogin was studying his bike to catalogue the patents in it. Dakshinamoorthy was tabulating the performance of rated financial products in recent times. And Sridevi was analysing the funding of this year's M&As. Till Khan messaged them, `BB' - short for `Bazaar baatein'. Align!

* * *

Kay: Hi. Market breadth was +ve on Friday.

Dax: On the upside, Nifty faces resistance.

Sri: At 4,480. Further at 4,525.

Jog: Correction has been left behind?

Dax: By the move past 15k in the Sensex!

Kay: But the subsiding of volatility is.

Sri: Dependent on the global markets.

Jog: And how the credit market woes pan out.

Dax: Over the next few weeks.

Sri: More bad news from that front is expected.

Kay: To keep trickling in, keeping equities edgy?

Sri: "Edge, sting, or operation," says Cleopatra.

Dax: To a dying Mark, alas!

Jog: Last week's numbers, koi?

Dax: India Cem rose 4% last Monday. UB Holding, Ind Glycols, Reliance, Century Text, Marksans and Glenmark Phar were up 3% that day, while Swaraj Eng earned a profit of about 1%.

Kay: Banks are looking iffy?

Sri: Andhra Bank gets back into action!

Jog: Try Bank of India also.

Dax: Minority shareholders of some listed cos.

Sri: Know their interests are short changed first?

Kay: In case of overseas change of hands.

Dax: Takeover code and SEBI somewhat effective.

Jog: Watching Maha Scooters and Sesa Goa..

Sri: Passivity of WMDC, majority owner in MSL.

Kay: Taken for a ride by minority JV partner!

Dax: Now, politicians-controlled WMDC fighting back?

Sri: Sesa Goa shareholders were hit by 2007-08 Budget.

Kay: Rs 300 a tonne export duty on iron ore?

Dax: That severely affected its valuation just when.

Jog: Foreign ownership. was under way.

Kay: Duty slashed drastically, but revaluation?

Sri: Not as expected. Blame it on the system!

Dax: RIL at an all-time high.

Jog: Expected to take the Indian markets higher!

Kay: Increasing crude prices, a plus for this stock.

Sri: Bharti Airtel could also move towards.

Jog: Its record peak after the pause last week.

Kay: Small rally could materialise in the beaten down.

Sri: Mid-cap IT stocks?

Dax: Polaris Software and Geometric Software.

Kay: Contrarian bets!

Jog: Valecha Engineering rose 11% on Friday.

Dax: Some news there? Increasing demand for.

Sri: Ethanol blend petrol to help sugar stocks.

Kay: Praj likely to turn into limelight.

Dax: After heavy beating in the past. Chambal Fert.

Jog: Long term bullishness seen. Consolidation

likely at these levels.

Kay: Gammon chart looks good.

Sri: New orders by the consortium drive up the stock.

Jog: Thermax likely to move out from short-term weakness.

Dax: Auto and cement numbers of interest?

Kay: I see a technical bounce back in.

Jog: What are little girls made of?

Sri: Sugar! "World as my confectionary."

Dax: "The sugar'd game before thee," Timon! Bye.**

Lee with inputs from Lok, Mad, Vim, Bad, Vid and Jay.

Blog at http://MarketChat.blogspot.com

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