Financial Daily from THE HINDU group of publications Monday, May 15, 2006 |
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Markets
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Stock Markets Columns - Chat
Reading International Herald Tribune, Khan wondered if Dow 12,000 sounded too good to be true. Sridevi smiled wryly at how Vietnam and US reached a deal on WTO. Dakshinamoorthy sat analysing Tamil Nadu election results. But Jogin SMS-ed them all, `Mkt Cht'. Hop in! Jog: Hi! Chart patterns suggest continuation of the up-trend. Kay: If Nifty stays above the crucial support level. Sri: Pressure on sugar stocks if sarkar imposed restrictions. Dax: Greenply Ind may show a firm trend. Jog: Has worked up a strategic financial investor. Sri: Geojit Sec in the limelight. Stronger in West Asia.. Kay: Nicco Corp: Anil Ambani group picked up a stake? Dax: Tea bullish. Demand to outstrip supply. Kenya drought. Jog: Contributed a little by way of exports to Pakistan. Sri: Pakistani buyers have adopted a hand-to-mouth strategy. Kay: Steel under pressure. Arcelor and Mittal - colourless Q1. Jog: Low average prices and increase in raw material costs. Dax: Cement. Monday deadline to cut prices. Shares? Kay: Took a pounding as govt began talks to control price. Sri: Reliance increased its petroleum prices. Govt unable to! Jog: Left pressure. HPCL, BPCL and IOC facing huge losses. Kay: Little impact on RIL. Jog: After Friday downslide, some IT stocks look attractive. Sri: HCL Tech, Aftek Infosys and Helios? Dax: Hinduja TMT. Target 835? Four-digit very soon? Jog: Dabur India (target 190). Wockhardt (target 500). Dax: Even dormant shares shoot up dramatically! Sri: So don't despair. Tomorrow might be your day. Jog: Geodinfo corrected from 265 in 60 days! Sri: Acha result, upper jane ka chance? Dax: Midday Multimedia 5% appreciation, fast. Sri: GMDC potential? News of accumulation by big player. Jog: Suzlon and Siemens to attract buying interest after they have been moved into NSE's Nifty index. Dax: SCI and Tata Chem moved out. IDFC? Kay: Included in Nifty Junior index. Last week's numbers? Dax: BSEL Infrast was up almost 20% last Monday. Suzlon Fibre earned 8% and Sesa Goa, 6%. Bharti Tele, Infosys and JK Cem ended that day on a positive note. Kay: M&M Fin may gain from services such as distribution? Jog: Parent M&M's reach in non-urban markets is a plus. Sri: Professional financial services scarce in rural areas. Dax: Will small car project boost Tata Motors? Rs 900 plus. Jog: Small cars are volumes-driven. Seeing quiet action. Kay: There is a buzz on a bonus or a stock split. Sri: Shrachi Sec, an NBFC, may be in for a capital recast. Dax: DLF is fuelling investor interest in other realty stocks. Jog: Such as Unitech and Ansal Properties. Biggest IPO! Sri: Expected amount to be collected: over $3 billion! Dax: "Sighs shot through, and biggest tears o'ershower'd." Sri: Pericles, Prince of Tyre! More than double that... Jog: TCS and NTPC raised: $1.17 billion each. Kay: "Compass is no bigger than thy head," King Richard! Lee with inputs from Nat, Sve, Ala, Bad, The, Nil, Raj, Sur and Bij Blog at http://MarketChat.blogspot.com
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