Our nifty and Educomp will rock today
Expect the indices to recover the ground lost yesterday, a gain of 200-300 points or nearly 2 percent is on the cards in morning
SEBI today announced that founders of companies must disclose shares pledged in return for loans, as authorities tighten disclosure rules in the wake of the alleged accounting fraud at Satyam Computer Services Ltd.Banking stocks will be the first ones to bounce in today's trade. Metals and Realty stocks are likely to be among the major gainers.
Some power stocks like Neyveli Lignite and Guj Industrial Power migh put on good show after experiencing double digit losses yesterday. The stock of Satyam computer might have another positive close after news reports that L&T might be very close to take over the company with the support from other stake holders.