Monday, July 28, 2008

Get Ready for.....

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Well said on Thursday that ICICI results are bad . Sell it ...today see the the effect

Rumors are ripe in the market that the government is willing to dilute 10-15 percent of its PSU holdings.This should boost the share prices of the PSU stocks listed on the exchanges. There are around 44 listed PSU stocks trading in the market.

According a pink paper report government has given a green signal to BSNL IPO and this will followed up with a merger with MTNL. So watch out for this scrip in early trade

MM Forgings Ltd has recommended issue of Bonus Shares in the ratio of 1:1.

BUY India bulls sec ,IMP Powers,Relaxo Footwear

After a five-day, 2300-point rally in the Sensex, the bulls decided to take stock of the situation. Hence, the correction in the last two days. Friday's serial blasts in IT hub Bangalore made matters worse. Sentiment may get hit further (albeit temporarily) by weekend blasts in Ahmedabad. History shows that stock markets have bounced back in the aftermath of terrorist strikes. We expect history to get repeated today. After a cautious to lower opening, things should start looking up again, especially if oil prices remain stable or fall further, and global markets hold up. Another positive could be the strong revival in monsoon, which should ease inflationary expectations.