Thursday, November 02, 2006

Markets TODAY

The session today was no different from past few sessions, as stock specific action unfolded today as well. Both the primary indices were green for almost the entire session. The action was characterised by bouts of volatility, with market mood shaper ONGC showing the way ahead. Both the benchmark indices made new intra-day and all-time highs. The Sensex went to a high of 13,138 and closed at 13,091, up 58 points. The Nifty went to a high of 3,806, and settled at 3,791, up 24 points. However, the market breadth on the BSE was marginally adverse, with the declines edging past the advances by a 1.1:1 ratio. Among the sectoral indices, Oil&Gas powered further, up 1.9%, followed by PSU and Consumer Durables. Others were relatively lukewarm. Among the Sensex stocks, ONGC gained the most, up 4.4%, followed by Maruti, up 2%. On the other hand, Satyam lost 1.8%

Some of the Stories looking good

Buy Gwaaliar Chemicals Rs 109.00
Buy Bajaj hindustan Rs 370.00
Buy Nucleus Soft Rs 508.00
Buy Tube Investments Rs 118
Buy SUBROS Rs 312
Buy Ashok Leyland Rs 53
Buy Rei Agro Ltd Rs 179


Stocks to LOOK out for Wednesday 03,2006

ICICI Bank, Bharat Forge, Reiagro,SRF,Mangalam Cement.

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