Author Archive
Food inflation to ease in two months: Montek Singh
The food and aggregate inflation would trend down over the next two months, the Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia said on Monday.
It is important that the government-market borrowing is managed well, he said. He hoped that the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) allocation would increase by next year.
“I would [...]
Nifty Nifty all the way…
The markets consolidated for the second straight session with the Sensex closing just short of the 17,000 mark, up 22 points at 16,994. The Nifty gained eight points today, to close at 5,088. For the week, the Sensex gained 3.5%. The broader markets have outperformed for most of this week, with the Midcap Index up [...]
Brokers caution investors against loading up on shares in a hurry
Retail and high net worth individuals (HNIs) will have to tread carefully in the coming days, as the market appears to be finicky about
valuations. Key indices rose over 1% on Friday, as investors cheered the finance
minister’s proposals, especially those relating to government borrowings and personal taxes. But brokers have cautioned investors against loading up on [...]
Govt amends fertiliser policy, hikes urea prices
The government on Thursday approved a 10% increase in urea prices and partially eased controls over other fertilisers.
The hike was announced by Information and Broadcasting Binister Ambika Soni, after a Cabinet meeting.
Prices of urea would rise by Rs 483 per tonne from April 1, the minister said.
Currently, Indian companies sell fertilisers at a fixed price [...]
Hexaware Technologies net profit more-than-doubles
Three months ended Dec 31
(Versus the same period a year earlier, in million rupees unless stated)
Net profit 360.4 vs 171.0
Net sales 2,520.4 vs 3,058.6
The numbers are on a standalone basis.
NOTE: Hexaware Technologies is a software services and solutions privder.
India, Saudi influencing world energy trends
With crude reserves of 260 billion barrels and annual production of 3.26 billion barrels, Saudi Aramco is the world’s largest producer and exporter of crude oil. Its subsidiary, Aramco Overseas Company (AOC), has recently opened an office in India to source manufacturers and contractors for Saudi Aramco.
Abdulrahman F. Al-Wuhaib, senior vice-president (operation services) of AOC, [...]
Positional Recommendations
Recommendations have Targets of 25% in short term for all the following positional calls:-
Scrips
BSE Code
Shrenuj & Company
523236
Sathavahana Ispat
526093
Tourism Finance Corp. of India
526650
Rohit Ferro Tech
532731
DCW
500117
–
For any query.. email us.. and we will reply you within 48 hours for sure…
Scrips
BSE Code
Shrenuj & Company
523236
Sathavahana Ispat
526093
Tourism Finance Corp. of India
526650
Rohit Ferro Tech
532731
DCW
500117
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WE STRONGLY RECOMMEND NOT TO INVEST IN LARGE QUANTITIES DUE TO MARKET VOLATILITY.
all below script has target of 25-40% in few weeks
Scrips
BSE Code
Recommended Rate
Sunflag Iron & Steel Company
500404
28.45
Jayaswal Neco Industries Ltd.
522285
30.9
Supreme Petrochem Ltd.
500405
31.1
Gabriel India Ltd. (FV Re.1)
505714
33.15
Visa Steel Ltd.
532721
41.45
* Invest equally in all the stocks
Scrips
BSE Code
Recommended Rate
Sunflag Iron & Steel Company
500404
28.45
Jayaswal Neco Industries Ltd.
522285
30.9
Supreme Petrochem [...]