With the interest rate coming down in the near future, the time has come to think of the companies who are making building materials, eg, those from the Steel, Cement, Glass, Sanitary Ware, Plastics (Doors and Buckets), Plywood, etc. With Ashapura Minechem hitting buyer freeze today, and OMDC, showing good movement, I am hopeful that soon, Jai Balaji Industries Ltd, will cross Rs.42 and Prakash Industries Ltd crossing Rs.57.
I have recommended two stocks from the IT space (as the space has suddenly turned bullish) and have a good news on another one, join my Paid Service, or my Brokerage House, to get to know, which are those scrips and what to do with my other recommended counters. That markets would move up today, has been predicted by me yesterday, in Facebook, in response to a report in Hindu Businessline. You can still find the report on my profile.