Monday, April 13, 2009

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All eye will be on Satyam Computers today, as the winner in the bidding process is likely to be revealed today. The price is likely to be between Rs50- Rs55 according to market sources. Technology will be the hot sector to watch out in the next few days. Infosys Technologies is expected to announce its Q4 numbers on Wednesday and these numbers are likely to set the tone for the Indian markets in the short run.

We believe that sme of the midcaps have moved up too much too fast and it is in the best interests of the investors to book some profits in theses stocks. We strongly recommend investors paring their holdings in stocks like Essar Oil and Reliance Ind Infra at the current levels

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