Saturday, May 2, 2009

Dated 2 May 2009

INSIDE NEWS

INSIDE NEWS:

* Swine flu brings in a golden opportunity for CIPLA as its Tamiflu is very close to the formulation for treating swine flu.

* Bank of Baroda’s bottomline is a pointer to what can be expected from banking companies in FY10. Grab SBI, BOI, PNB, FEDERAL BANK, DENA BANK & CANARA BANK says an industry analyst.

* As the D day for election results closes in, operators will tend to make the market more volatile so that a near panic like situation of Sensex 9500 is created. This will be the best time to enter the market lock, stock and barrel.

* It is not only the fertilizer companies that will get the KG basin gas. Some steel majors, too, will benefit by this fuel. Essar Steel and Ispat Industries, too, shall gain.

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