Tuesday, March 17, 2009

Eye Mid cap, Sensex to cross 9000 before fall

Hot scrpit - Essaroil,.......

As recommended in yesterday's review Balaji Tele vaulted by more than 26 percent along with some other media stocks like IBN18 and TV Today Network. The word in the market is that a major fund has mad some big purchases in this sector and we consider this as a prudent move considering the fact that media stocks are relatively less recession prone

Watch out for banks today, our picks are mid sized banks like Andhra Bank, Dena Bank and Bank of Maharashtra. Bank of India might be a surprise gainer. Value investors could look at scrips like Tata Steel and Ranbaxy from a long term perspective.

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