INSIDE NEWS :
* Stock markets may open at 8:30 a.m. and work till 6:30 p.m. to facilitate Singapore trades in the Nifty. The moment the NYSE and/or Nasdaq trades in Nifty Futures, we may be open even at night!
* Delivery volumes have shrunk post budget as FIIs sold in the cash segment even as retail investors and short-term traders are slowly getting in.
* Vodafone’s loss despite the cute Zoo Zoo as campaign was the gain for Bharti Airtel, Aircel and Reliance Communications.
* ONGC Videsh and GAIL may post handsome profits from the Myanmar gas fields after investing $3.7 billion.
* There is a 50% drop in sales of high end cell phones after a 75% hike in VAT in Maharashtra. This will impact sales of Spice Mobile and HCL Infosys etc.
* Flow of Rs.1,00,000 cr. order for roadways development shall see a steady rise in cement counters.
* Zenith Fibres’ board is to meet soon to declare a dividend. A good defensive pick at current levels.
* IT stocks witness interested buying after Infosys Q1FY10 results. Buy frontline IT stocks at declines at every opportunity.
* Ramco Industries has run up too fast on bonus announcement. Investors must exercise caution and not get into frenzied buying on good announcements.
* Due to shift of plant, labour unrest and disruption of production, Honda Siel is expected to report losses in coming quarters. Exit immediately.
* Automotive Stamping continues to bleed. Stay away till it shows some sign of a turnaround.
* Exide Industries posted 50% jump in PAT on drastic fall in raw material prices. Scrip is set to make a new 52-week high.
* Balaji Amines has commissioned its 18 TPD Gamma Butyro Lactone plant, which is the first of its kind in India and is a 100% import substitute. Keep accumulating at sharp declines.
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