Monday, February 18, 2013

Market Mantra
At last buying in the small and mid cap counters have started.....
Kingfisher Airlines Ltd hits the buyer freeze in the opening trade due to obvious reasons. Those who could not enter KFA Ltd, now can take proxy play on United Breweries Holdings Ltd at Rs.62.20, which will be one of the biggest beneficiaries of United Spirits Ltd--Diageo deal.
Buy, ARSS Infrastrcture Ltd at Rs.39.50, T--Rs.54, SL--Rs.35. Buy all the infrastructure counters,because the government is considering expanding the definition of infrastructure sector with a view to promoting industrial activity and boosting economic growth in the next financial year. CLICK HERE. Infrastructure sector status ensures tax benefit and easier access to domestic and global funding. Several countries like Japan, Korea, Philippines, Indonesia and Thailand have earlier provided incentives that led to rapid growth of infrastructure sector, they added. Industry has been demanding that definition of infrastructure be expanded to include some of the key sectors like telecom, housing, shipping and education. If this happens then Tulip Telecom Ltd (Rs.12.10) and Reliance Power Ltd (Rs.70.50) would be one of the biggest beneficiaries. CLICK HERE. Also, other well known infrastructure counter, like IRB Infrastructure Ltd (Rs.114.5) and Jai Prakash Associates Ltd (Rs.73) will also be benefited from this move. 
Renuka Sugars Ltd recommended on last Friday at Rs.27, today touched Rs.28.65. This is expected to move up further in the coming days.