Equity Markets

[snan]

Originally Posted by muks

hi siddhartb . welcome here.
was thinking that gr8 results by ril will help market. got the shock when the script fell itself.
as siddhart said,F&O is to be blamed.anyway it seemed up today.
also poor results by arvind mills .
muks

U might want to shift to alok textiles paring ur exposure in Arvind Mills .....better thn expected results..tht way u get a foothold in the rerating tht shall accompany the MFA regime removal frm 2005 onwards or else some short erm gains by booking profits at 60+ levels...either way i guess alok looks a safe bet...if ur not over greedy !: -p

" Alok Industries has a presence in the higher end of the textile industry value chain stretching from weaving and processing to readymade garments. The company has a good international presence and supplies apparel to leading retailers such as Target, Bed and Bath Linen and Wal-Mart. Domestically, it supplies fabric to Zodiac clothing. The home textiles segment is predicted to be a $ 23 billion market by 2010 with the US and EU accounting for about 70 per cent of the world's home textile imports. Home textiles is a highly value-added item and, hence, commands large margins. "

Jus heard tht the resutls are out and tht it has outperformed the markets too.....worth watchign out !!!


suhas

[pswaroop]

Exit poll shocks 213 poits down 54,000 crores loss on capital !!,quiet battering, me sold out major on friday, ultimate loss for me 800/- decent
Today portfolio stands at
IBP 30 @629
Infosys 1 @ 5090 sold @ 5125
Andhrabank 100@65.45
Welspunj Gujrat 100@ 40
net net loss 1425

[nickspeedster]

Banks have taken a major beating after SC's order denying them declaring dividends if their NPA exceed 3%(i guess there isnt even one bank is India which qualifies, ICICI is the closest with 4.7%)...
But if you believe in the long term story then hold onto Andhra Bank and sell it during a bull run and not during a bearish phase!!!

[nickspeedster]

A dismal day again at the markets
The only plus was Infosys which rose some 2-2.5%...
Looks like it will be the next exit polls that will sent the tone

[ManDevIan]

Hey

any suggestions for shares of Petronet LNG???
i own 100 shares.. should i keep them or sell off??

Prateek

[post2ashish]

considering the fact that the company is going to start its production from 2005 onwards (after 1.5 yrs) its no use keeping these shares... it may go upto 28-30 post elections ..... hence if u keep them u may earn another (30 - 23) * 100 = 700 whereas if u reshuffle ur portfolio & buy GAIL below 200... i.e., 11 shares with the same amount (2300/- after selling petlng) u may receive a valuation of (300-200) * 11 = 1100/-...... i expect it to move to 275-300 post elections.... & 350 in medium term... or for that matter consider ONGC ... post elections it wud go beyond 1000 ...so if u buy it below 800 u can earn a decent profit of (1000 - 800) * 4 = 800/-
SCI is also a gud option (only if NDA comes back to power, this scrip will zoom past 200)
just wait till 3rd phase gets over.. chk out exit poll results on 5th . If it shows NDA to get 260-280 ..... just enter into the mkt... but in case it shows anything lesser than tht...wait for another few days (bcoz mkt gonna fall further) ...

Disclaimer: apni akal lagao, kisike kehne pe mat jao...

ashish

[nickspeedster]

Markets off to a great start today!!!

Looks like the new set o fopinion polls are having their effect...
tech looking really good after the huge deal that Wipro bagged the other day!!!

[Gordon]

well yes it opened with 83 pts or so... guess a correction frm yest. me entered in a high risk situation two days ago with SAIL and Arvind mills. and then the news of the Chinese eco. cooling hit the SAIL counters. but looking at the long term i dont have any probs. no time now to look at stocks with exams approaaching.

n i think oil and gas are surefire stocks to go for regardless of any govt or hung parliament. coz prices are set to rise post elections. GAIL is very very attractive at 216-220 today. and mois just got 100 of them!!!

also guys chk out the smart surge in the pharma stocks o'er the past month or so...ranbaxy has serrupticiously gone up 150 bucks!!! even aurobindo pharma (this is 1 one my fave stocks) has regtd. a smart rally of over 60 bucks....wonder if it is bcoz of wockhardt's bonanza last month.....

keep postin news and views

XST

[voodoochild]

anybody tracking moser baer or abbott india?

vishal

[nickspeedster]

I am tracking Moser Baer...
They came out with disappointing numbers this quarter and the stock is in correction mode after that....
but they have also given a good guidance for next year...expecting 25% growth...
will be a good buy at 260-265 levels