Prajay Engineers Syndicate Ltd hit the buyer freeze before cooling down a bit. The stock should cross Rs.100 in the coming days, as the interest rate gets softened and as the company goes on completing one project after another.
With today's IIP numbers, the stage is set for a cut in the Repo rates by the RBI in the next policy meet on 17th April, 2012. So, go all out in the Banking counters: SBI, IFCI Ltd, Indian Overseas Bank, UCO Bank, etc. looks good.