Business Daily from THE HINDU group of publications Monday, Jun 30, 2008 ePaper | Mobile/PDA Version | Audio |
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Stock Markets Markets - Outlook Columns - Chat It is still possible that Sensex stays at current levels and moves higher towards 17k. But there is nothing in the horizon that could make it possible, Jogin squealed. Only Obama can make a difference to oil, if he removes troops from Iraq, Khan said. Dakshinamoorthy has started investing small lots, after meeting a wealth manager. On the other hand, Sridevi is preparing for 13k party. According to her, that’s when buying will resume in full flow. Tune into MarketChat… * * * Jog: Crisis is deepening Sri: Even Dow hs closed below 11400 Dax: Snsx might go to 12k! I am invstd Kay: Techincal analysts say that 13700 is crucial Jog: Sejal is goin 2 b listd dis wk. Grey mkt prm? Dax: Hrd 20 rupees. Bt way mkts r, listing may be bad Jog: Everywhere negative news. Infltn 13 per cent? Kay: Infltn can b 15-16%. Lst yr dis time it ws low Kay: Wat r mst hated sectrs? Cement, realty Dax: Cement stks may be weak dis week. Sri: Why? Cement mnthly nos. Monsoon effect Jog: Hmmm. Everythn slwing dwn. Wat is RBI doin? Dax: Exctly. Slowing things dwn. Sri: Neither cn they mnge infltn. Kay: Hrd rupee will go to 47 vs USD. Dax: Gud fr exporters den. IT stks, apparel Sri: Why dnt we move money into gold? Kay: Ya, its the only safe place. Bank accnt is safe too! Dax: Arbtrge NSE/BSE: NIIT, Lotte, Man Al Kay: Chkd up nos. 5% gain, if price gap remain same Dax: Lets see. Wanna buy beaten dwn stks? Jog: Nt anyone is real estate pls! Dax: DCM, Lloyd Elec, BGR Energy, Indian Hotels Jog: Wats special abt them? Kay: All near 52-wk low. Gr8 wrk Dax! Sri: Add Netwrk 18 also. I hv it. Kay: My tech frends calls have arrived in sms Jog: Wow! Sms-ishtyle. Sells? Kay: Axis Bk, BEML, Biocon Kay: Bhushan Steel is only buy Dax: If mkts falls, buy pharma n fmcg largecaps Sri: Goes without sayin. Buying MFs nw. Jog: Hv nthing more to add. Kay: Bears rule for now (logs off) * * * Kum with inputs from Yog, Bad and Lee Blog at http://MarketChat.blogspot.com More Stories on : Stock Markets | Outlook | Chat
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