Friends,
INDIACEM @205 (250108) gets 1028 panch-tattva points and may be bought for medium term but also partly book profits.
@214 (090807):1199:buy and book handsome profits.
@159(140307):1080:this is a good item to buy.
(Ask for items of your interest for Rs100/- per scrip,contact at 09376168780 or e-mail krsnakhandelwal@yahoo.com)
CHAMBLFERT @52 (250108) gets 1258 panch-tattva points and should be bought for medium term.
Previous Recommendations:
@44(251007):1055:buy and book profits on surges.
@33(110507):1086:buy on declines and book profit on surges.
(Ask for items of your interest for Rs100/- per scipr, contact at 09376168780 or e-mail krsnakhandelwal@yahoo.com)
ORIENTPPR @607 (250108) gets 1273 panch-tattva points and should be bought for medium term.
Previous Recommendations:
@463 (240708):1241:buy for investment.
@489 (030507):1223:buy for investment.
Friends,
Std Chtd Bank earlier failed to clnched the deal for its MF business in India with a foreign buyer due RBIs non approval and is again trying to find a suitable buyer from India . This buyer may be ADA Grp or Ranbaxy Grp. That Std Chtd is trying to get more presence in Indian banking space but is exiting the growing MF sector is hard to understand.
The turbulent Indian stock markets closed the week at 5383 Nifty which after touching sub 4500 level on 22 Feb 08 rebounded fast. The FIIs have been sellers during the week. Fed rate reduction has given some stability to market.
Market crash on tuesday was on low turnover and exposed the creaking infrastructure.. On that day , trading terminal of 90% brokers remained shut down when the lower circuit was hit upon slide by 10%. The trading public was put to such bad pass for some of the heavy speculators. This thing should be taken care of.
Indias’ share in world market cap has come down to 2.7% and we must understand that any happening in Inidan markets is still a storm in tea cup. We have to industrialise much more to be really important. I think its time to corporatise railways in as many companies as there are divisions and the public should be offered part of holding. Like wise any other activity of the commercial nature in the hands of govt should be under an independent corpn. and which should also be listed on exchanges.. This will impart responsibility on the employees and managers and will make it possible to reward better performing teams . The govt. then will be able to freely trasfer surplus in revenue to create and invest in desired lines of businesses to fill the gap , for the benefit of citizens and also have their participation. This model will have best of capitalism and socialism too. This repect the sincerity and effort of people in govt companies. The Navratna have shown that they stand as tall as any other company in private sector.
Just a word of caution, the time has come that any attempt of market to go past 5700 Nifty level will be a time to get out of market and patiently watch the unfolding scenario post budget. An populist stance of the govt. may mar the charm of invetsing in equities for some time to come.
FM has hinted that the economy of India may grow at 8.5% rate . His estimate of the growth rate has come down in just under a month from 9.5% while China has maintained 11% growth. This does not behove for the guardians of economy to revise the growth rates without citing solid reasons. The Indian public remained invested at 6200 Nifty level without having an inkling that FM would see a slight so down so early. Shouldn’t such statement be made with resposibility.
Govt may spare un-excercised options from being charged STT. At rpesent the strike plus the premium are taxed for STT in respect of options @0.017%STT collections during the year have been higher by 78.19%.
Reinforcible plastics market at Rs5000 crs per year may see growth at 25% per year for next two-three years.
HariOm,
krsnaKhandelwal
ALBK @118(250108) gets 1400 panch-tttv point and my be bought in bulk.
Previous Recommendations:
@97(100707):1192:buy and book profit on surges.
@88(040507):1236:preferred investment.
(Ask for items of your interest for Rs 100/- per scrip, contact at 0937616780)
BEL @1870(250108) gets 909 panch-tattva points and please buy it on further correction.
Previous Recommendations:
@1995(271007):845:sell off.
(Ask for your choice item for payment of Rs100/-per scrip , contact 09376168780)
TVSMOTOR @44(250108) gets 823 panch-tattva points and buy it on further correction.
Previous Recommendations:
@57(241007):823:sell off and buy on good correction.
(Ask for your choice items for Rs 100/- per scrip,contact 09376168780)
BHEL @ 2164(250108) gets 903 panch-tattva points and may be bought on further correction.
Previous Recommendation:
@2615(291007):846:sell off.
@1940(030807):894:does not qualify for investment.
ASHOKLEY @37(250108) gets 995 panch-tattva points and may be bought for long term,however,book profits partly on jumps.
