Today's It May be SEE-SAW
Buy Batronics,KAF,JET AIRWAYS,CAIRN
The stock of NTPC is likely to move up as we might see some demand for the stoc after the company announced on Friday that the company which accounts for 20 percent of India’s power capacity, and Nuclear Power Corp. will spend as much as $3 billion to build new atomic plants in the next eight years.
UB group is again news now, news reports from pink papers suggest that the the company that owns India’s biggest liquor maker, plans to sell its stake in Aventis Pharma Ltd. UB Group owns 10.28 percent in Aventis Pharma and Sanofi-Aventis SA owns 50.1 percent.
In what could be a good news to aviation sector, Public sector oil companies today slashed jet fuel or Aviation Turbine Fuel (ATF) prices 3.7 per cent, the tenth reduction since September, taking rates to early 2005 levels. Watch out Jet Aviation and Kingfisher Airlines.
Technology solutions provider Bartronics today bagged a project for setting up 2,000 kiosks of the Municipal Corporation of Delhi,with an aim to mop up Rs 5,000 crore over the next nine years. The stocks is currently trading at Rs 76 and might hit an upper circuit today as the news came after the markets closed on Friday.