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Expect jitters as the market moves forward

The message on Jogin's mobile phone read, "Hot tips!" In panic, he immediately deleted it. Khan and Dakshinamoorthy too were erasing a similar message. No, it wasn't a `tipster' at work, as warned by the regulator in Kolkata. It was Sridevi, pulling a fast one on the trio... to remind them of the market chat. Fall in line!

* * *

Sri: Hi! Sharp pullback over the latter part of last week.

Kay: Infused bullishness into charts. Could we see...

Jog: A 500-600 point move up, on the Sensex?

Dax: Playing the market thru large caps, the best bet.

Kay: Mid- and small-cap indices could be volatile.

Jog: Dark horses for the week are mid-cap tech stocks.

Sri: Nifty has support at 3,780 levels.

Kay: Many stocks that were hit bounced back in style.

Jog: Bounce to continue today, I guess.

Sri: "Plain cannon fire, and smoke and bounce."

Jog: As in King John!

Dax: Expect jitters as the market moves forward.

Sri: Tide Water was up 4% on Dec 11. Polaris Soft...

Dax: Gained 2%. And Ivrcl Infra, 1.5% last Monday.

Jog: Global markets are comfortably poised.

Kay: Crude prices beginning to move up again.

Sri: Can impact OMCs such as HPCL, BPCL and IOC.

Dax: ONGC may see action on the news of its gas find.

Jog: Turbulence in the international prices of copper.

Dax: Sterlite Industries may face some volatility.

Kay: Jindal Worldwide may firm up... Expansion!

Sri: Bank of Japan meeting on Dec 18 on interest rate.

Dax: Banks could continue with their rally.

Jog: Capital market exposure norms relaxation.

Kay: From April. Bank stocks best shorter-term bets?

Sri: SBI dropped to Rs 1,200-1,300 levels!

Jog: Bank stocks have buoyed and held up portfolios.

Kay: And investors have flocked to them in style.

Dax: Especially the larger public sector banks.

Jog: Chamatkar.Net stock split to Re 1 face value.

Dax: "With a splitting power, and made to tremble."

Jog: From King Henry VIII, right?

Sri: From Rs 10. Bonus in the ratio of 1-for-2 shares.

Kay: Very low equity capital of Rs 1.36 crore. Chance?

Jog: Siemens... battered knockout... recovered.

Dax: Holds strong promise for investors with patience.

Kay: JB Chem's investment plan in S Africa's Biotech.

Sri: Should help the stock in the long run.

Dax: Shriram Overseas Fin for investments!

Jog: Bulk drug firm Ind Swift Rs 35. Investment idea?

Kay: NDTV is likely to recover to Rs 225 this week.

Dax: Peninsula Land (target 830). Educomp (820).

Sri: Favourite of day-traders?

Dax: "Factious bandying of their favourites."

Jog: One stock unmoved in a big way... Ranbaxy.

Kay: Realty and Infrastructure, most preferred...

Jog: And volatile sectors. Make or lose money...

Dax: Either way guaranteed results!

Sri: Sugar export announcement expected this week?

Kay: Watching ITC. Down quite a bit.

Jog: Consolidating in the sub-200 levels.

Dax: Not participating fully in the large-cap rally?

Sri: No quick answers. Gone places earlier.

Jog: "Quick bright things come to confusion."

Kay: Warns Lysander...

Sri: In A Midsummer Night's Dream.

Dax: May yet drive accumulations.

Sri: Tata... not steel that hogged limelight, but tea!

Jog: Growth plans. Shedding flab to become fitter.

Kay: Largest among tea stocks, in market cap.

Sri: "When we may profit meet, and come too late."

Dax: As in Timon of Athens! Take care!

* * *

Lee with inputs from Nat, Mad, Bad, Lok, Nil, Bij and The.

Blog at http://MarketChat.blogspot.com

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