The Hindu Business Line : Market sentiment turning too optimistic?

Khan was trying to analyse the jobs numbers across countries. Jogin was studying the `Fresh' model, hot on the heels of Steve Ballmer! Dakshinamoorthy was plotting the growth curve of the cellular sector for the next six months... Till Sridevi messaged them an audio clip that chimed `chat' in a variety of ways. Tune in!

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Sri: Hi, JKD. Momentum continues to be strong.

Kay: A 200-point rally in the Sensex from here on?

Dax: Wait... caution advised at higher levels.

Jog: Partial profit booking may be in order.

Sri: Market sentiment getting too optimistic?

Jog: Increase in leveraged positions a cause for worry.

Dax: Unwinding of such positions can exacerbate fall.

Kay: No one talks of crash or correction!

Jog: Even in hush-hush tones. "Let's talk of graves, ... "

Dax: "... of worms, and epitaphs," says King Richard II.

Sri: Psst... last week's numbers, koi?

Dax: Rel Infra rose 10% last Monday. Cera Sanitar gained almost half that. Rel Cap was up 2% while Thermax, Shasun Chem and Patel Engg made about 1%. Dalmia Cem ended Nov 6 on a positive note.

Kay: This week, Bharti and Rel Comm to buzz around.

Jog: Solid additions to the mobile subscriber base!

Sri: Essar Oil could perk up. Potential oil find.

Kay: "Oil and fire, too strong for reason's force... "

Jog: Writes the Bard in All's Well that Ends Well.

Dax: Sujana Metal could steel up...

Jog: As FIIs are now permitted to buy into the stock.

Kay: Expect strength in Hind Zinc. Goldman Sachs...

Sri: Forecasts a robust price outlook for the metal!

Jog: Watching Ahmednagar Forgings and...

Sri: Petron Engineering? India Bulls running amuck.

Kay: Touched a high of 528. Heading to 1,000?

Sri: Using the bull-run are...

Kay: Sterling Holidays, Ind Swift? Orchid Chem...

Dax: Finally gathering momentum. Target: 275.

Sri: Base metals turning weak on LME and Comex.

Jog: Copper and aluminium fell sharply on Friday.

Sri: Short term effect on aluminium and copper shares.

Kay: Such as Hindalco, Nalco and Sterlite.

Dax: Day-traders freaking out on Atlanta and ACE.

Sri: Era Constructions and Omax Auto will see...

Jog: Some upside this week, say brokers.

Kay: Pharma, banks, capital goods and construction...

Dax: Are the sectors to be in, right?

Sri: Hotel sector has received a shot in the arm!

Kay: With Indian Hotels acquiring Ritz-Carlton.

Jog: Shaw says: "The great advantage of a hotel is... "

Sri: "... that it is a refuge from home life." Bye!

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Lee with inputs from Nat, Lok, Bij and The.

Blog at http://MarketChat.blogspot.com