Sridevi donned a Shibu mask - the newest toy that her kid brother bought from the market - even as she flicked her PC on to chat about markets with Khan, Jogin and Dakshinamoorthy. Catch up!

Sri: This week is crucial. Sensex will cross 7K or it will

come below 6800!

Jog: Below 6800 looks more likely. :-| Mid-cap and small

cap moved sharply.

Kay: So, instead of sitting on profits, better to book some. Samjhe!

Dax: Indices reversed direction at an important

resistance level. Outlook weak.

Jog: Nifty may find support at 2130. But it can move

against current!

Sri: Indices may move irregularly in the near term. Bulls

vs Bears, no winners.

Kay: So, watch for sharp volatility next few days. Bank

stocks should continue to remain


Jog: Especially the IPO-wallahs.

Jet Airways listing today. Likely

to open at a premium of Rs 200.

Dax: Better sell Jet and buy

Taneja Aerospace, which is

into manufacturing aircrafts.

Flying is risky!

Kay: I was thinking of moving

out of Royal Airways and getting

into Jet! Oh, Fear of Flying!

Sri: VSNL looks weak as TRAI has slashed global leased

line circuit rates. Permanent Magnet?

Jog: Like you, Sri? It gained more than 100 per cent last

one month. Buzzing on real estate circuit!

Kay: But this business is still loss. So, better avoid this

stock or sell it if you are holding it. Seven...

Dax: You mean, Suven Life Sciences? Good financials.

Active counter. Investment buy! Zensar, koi?

Sri: Yes, it recently partnered with Japan's Nomura

Research to launch migration software solution.

Kay: Helps its bottom line. Price jumped from Rs 206 to

Rs 225 on Friday. Steadily up from Rs 165!

Dax: There're showbiz software companies that have not

developed anything for over seven years!

Sri: I may put reliance on Reliance after the news of it

getting exploration rights for a block in Oman.

Jog: Tea and textile, you can tee off! Watch also Premier

Auto, Shriram Transport and Shriram Investments. Plus,

Punjab Alkalies and Prakash Industries. Ballarpur Ind

showing bullishness.

Kay: Thirumalai Chemicals, solid performance last

quarter but failed to get attraction. What's 1+1?

Sri: You know ITI? Hails from Nehru's days. Got a recast

package. Stock is nudging past Rs 33.

Jog: After being in the Rs 24-28 range for long! A Thai

company is placing orders on ITI. Cool!

Dax: Oil Country Tubular is suddenly up. Accumulated in

sub-Rs 27 region. IDBI has 11% stake.

Kay: Electrosteel Castings capital base increasing? Like

steel, don't lose your temper! I know a doc...

Jog: The one who suffered a heart attack mistaking the

ECG for share price graph? How sad!

Sri: I recommend we give a disclaimer that we don't claim

to be giving recommendations.

Dax: More money has been lost by reaching for higher

yield than at gunpoint. Boom!

Jog: "A certain naïveté, unburdened by conventional

wisdom, can sometimes be a positive asset."

Kay: That's Harish-Chandra! "Distrust and caution are

the parents of security," said Ben Franklin.

Sri: "Action makes more fortune than caution," as

Charlotte Whitton cautioned. Yet, take care! :-)

* * * * *

Lee, with inputs from Vir, Nat, Mad, Nil, Ray and Sve.

Send in your views to:

(This article was published in the Business Line print edition dated March 14, 2005)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.