Tuesday, October 6, 2009
Book btst Nifty on Time
Jet Airways remained strong even in a weak market as the company is planning to restructure its debt and might make a private placement soon. The stock gained 13 percent for the day on huge volumes. We recommend a 'Hold' on this stock. Stocks like Koutons Retail and Adhunik Metals gained on strong operator activity and these two stocks are likely to move sideways before resuming their upward journey.
We like banking stocks for today's trade. Investors could bet on quality banking names like ICICI Bank and Axis Bank. Traders could look at private banks like Dhanalakshmi Bank, Yes Bank and DCB for quick gains. Infosys Technologies is likely to see brisk trade ahead of the results later this week. Overall, a positive day for the stocks is in the offing with bulls in the drivers seat.
We like banking stocks for today's trade. Investors could bet on quality banking names like ICICI Bank and Axis Bank. Traders could look at private banks like Dhanalakshmi Bank, Yes Bank and DCB for quick gains. Infosys Technologies is likely to see brisk trade ahead of the results later this week. Overall, a positive day for the stocks is in the offing with bulls in the drivers seat.
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