The Hindu Business Line : On the back of a surge in inflation numbers

Jogin was studying the yields of bonds and currency moves. Khan was reading up all about Posco. Dakshinamoorthy was analysing SBI's numbers... Till Sridevi called them all for the weekly market chat. Hang on!

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Sri: Hi! Major indices went up on Friday.

Kay: Strong US market may...

Dax: Aid sentiment in the future?

Jog: Where are our markets heading?

Dax: In the near term for Nifty...

Sri: We could see some resistance...

Kay: At 4,140 levels and on the downside...

Dax: Around 4,000.

Jog: Nifty ended on Friday at 4,085.10.

Sri: Market favours bulls for the next 2-3 sessions.

Dax: Because market breadth was extremely positive?

Kay: Bullish trend in Nifty BeEs!

Sri: Expiry of the April contracts on Thursday...

Dax: Would induce considerable volatility!

Jog: Short-term trends up: in Sensex and Nifty.

Kay: Avoid bank stock... ahead of the credit policy.

Dax: Tuesday? Keenly watched...

Sri: On the back of a surge in inflation numbers!

Jog: Is the bull market strong enough to take on...

Kay: The threat of inflation and...

Jog: The impact of RBI meet?

Dax: Front-line infotech stocks don't look too strong.

Sri: Will Reliance Ind keep the sentiment buoyant?

Kay: A stock-split announcement... along with results?

Sri: Can set the counter on fire! Copper...

Jog: Continues its strong run on the LME.

Dax: Sterlite Industries is perking up as a result!

Sri: FMCG stocks too can out-perform this week.

Dax: As the BSE FMCG index is looking promising.

Kay: Higher crude price may put pressure...

Sri: On OMCs?

Jog: Despite appreciating rupee?

Dax: R Com decent run on Friday. Target of 500?

Kay: If Idea Cellular is buzzing, so is Teledata.

Sri: But there is so much apprehension!

Jog: Indiabulls Financial Services, Indiabull...

Sri: Real Estate, Unitech...

Dax: Momentum stocks. Use them to your advantage.

Kay: Keep a tab on Sun TV. Bonus announcement...

Jog: And entry into aviation scene...

Sri: Rapid progress likely?

Dax: Reliance, Grasim, Bharti Airtel, Maruti...

Jog: Ranbaxy and...

Sri: A few banks such as Indian Bank, BOI, IOB...

Kay: Set to announce quarterly and full year numbers.

Dax: Satyam recovering on Q4 earnings.

Jog: Seen likely resistance at 495. May go upwards?

Kay: "The path of least resistance is... "

Jog: "... the path of the loser," says H. G. Wells!

Sri: Orient Ceramics should take a while to move up.

Dax: But rally on the cards. Jet Airways flies higher...

Kay: After Air Sahara deal closed out.

Sri: L&T catches eye, should move up further.

Jog: Cement numbers too good. FM is after them!

Kay: Disappointing to see...

Jog: The stocks of India Cements and...

Dax: Guj Amb Cem not reacting much?

Jog: "It's not what happens to you, but... "

Kay: "How you react to it that matters."

Sri: Advises Epictetus! Bye.

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Lee with inputs from Mad, Lok, Bad and Bij.

Blog at http://MarketChat.blogspot.com