THIS MONTH IS VERY INTERESTING ............. TELLING IN ADVANCE ...NOTE DOWN
The Indian markets are likely to open lower on Thursday following a rally in the stock market indices yesterday
We do not see any threat to the run as long as we manage to stay above 16,950.00 on a closing basis.
The stock of Bharti Airtel might be under focus after the deal with MTN fell through after the South African Government did not give its approval to the pact.we do not see much impact on the stock price, but believe that this is a lost opportunity for the telecom major to make it big and have a global foot print
Watch out for oil related stocks like Cairn Energy and Shiv-Vani Oil following a rally in global crude prices. Nova Petrochem is another stock to watch closely as the news of demerger is pending next week. This stock has more room for upside at the current level of Rs 28.