Friday, September 3, 2010

Buying frenzy to continue in smallcap stocks

Dalal Street will open to a flat to positive global cues on Friday morning with smallcap stocks likely to outperform the benchmark indices.

Smallcap Frenzy

Smallcap stocks are most likely to continue the buying frenzy for some more time. Investors are adviced to hold their nerve before getting into these companies. Many stories will be doing rounds, trying to promote a stock

Also Read : Stocks in news : Zylog, Tata Power, Petronet LNG, GVK Power

"We expect this buying frenzy to continue till mid-next week. Investors are adviced to book profits at regular intervals."

Suzlon Energy Ltd. stock is likely to be in the limelight today also after a surprising short squeeze yesterday.

A subdued trading day with action in smallcap space.