DMC International Ltd recommended to the Premium Group yesterday, hit the buyer freeze in early trade. The company has purchased land for the Jatropha Cultivation. The company has entered the medium business. The company has fixed November, 13 as the record date for the issue of Bonus shares: Look at the price of Refex Refrigerant Ltd recommended at Rs.67:Look at Carnation Nutra Analogue Foods Ltd recommended to the Premium Group last Sunday at around Rs.84:Associated Alcohols and Breweries Ltd has come up with results yesterday. So what are the results? Premium Group members will get it today. It is not published on the BSE site: Kamanwala Housing Construction Ltd jumped up from lower circuits yesterday to hit the upper circuits today, after being recommended to the Premium Group: GMDC recommended yesterday morning to the "Quickie" Group service hit the buyer freeze today: If GMDC etc with some mines can hit circuit after circuit why not Binani Industries Ltd which is having 3 mines in Rajasthan and that too metal mines???!!!. The scrip could touch Rs.2000. These natural resources are becoming scarce and those who will control the Mines will rule the World in the days to come. So now is Binani Industries Ltd looking attractive: Suzlon Energy Ltd recommended to the Premium Group only some days back at around Rs.1300, today reached Rs.2000, in early trade: If there is rate cut in the US then huge money will flow to the Indian Soil due to interest rate differential, as now there is no chance of interest rate going down in India. Wait for a super surge in the Indian Markets if there is a rate Cut in the US, by at least 25 basis points:

[Updated]

Market firms up; Reliance Energy surges:

The market posted decent gains in early trade after shaky start, on selective buying in blue-chip stocks. Q2 September 2007 results announced so far have been decent to strong. The market witnessed a bout of volatility in early trade. Market breadth was positive on BSE. Global cues were mixed. US markets edged lower yesterday, 30 October 2007. Asian markets were trading mixed today, 31 October 2007. At 10:28 IST, the Sensex was up 89.66 points, or 0.45%, to 19,873.23. It had opened marginally higher at 19,827.40 and slipped to strike an intra-day low of 19,735.21. It rebounded from here to hit an intra-day high of 19,908.47 so far during the day. The broader based S&P CNX Nifty was up 36.40 points, or 0.62%, to 5,905.15. The market breadth was positive on BSE: 1,143 scrips had advanced as compared to 753 that declined while 39 remained unchanged. 16 of the 30 members of the Sensex pack were trading with gains. The total turnover on BSE amounted to Rs 1635 crore by 10:30 IST. India's second largest power utility by revenue Reliance Energy jumped 5.37% to Rs 1885 after its board yesterday, 30 October 2007 approved a proposal to transfer its infrastructure projects to a separate wholly owned subsidiary. Auto stocks made a comeback today on fresh buying. Tata Motors (up 1.80% to Rs 781), Maruti Suzuki India (up 1.66% to Rs 1106), and Mahindra & Mahindra (up 1.27% to Rs 750), edged higher. Auto scrips had dipped yesterday, 30 October 2007, when hopes of a near term cut in interest rates faded after the Reserve Bank of India (RBI) raised banks' cash reserve ratio at its mid-term monetary policy review. India’s biggest oil exploration firm by market capitalisation Oil and Natural Gas Corporation rose 1.34% to Rs 1235.90 after it reported good Q2 results. ONGC's net profit rose 22.10% to Rs 5097.48 crore on 9.60% rise in net sales to Rs 15413.92 crore in Q2 September 2007 over Q2 September 2006. The results were announced after market hours on Tuesday, 30 October 2007. India’s top listed cellular services provider by market capitalisation Bharti Airtel moved up 1.33% to Rs 1013 after it reported a surge in net profit in Q2 September 2007 over Q2 September 2006. Bharti Aritel reported 82% rise in net profit to Rs 1619.15 crore on 44.94% rise in sales to Rs 6059.89 crore in Q2 September 2007 over Q2 September 2006. The results were announced during market hours today, 31 October 2007. India’s largest private sector entity in terms of market capitalisation and oil refiner Reliance Industries was down 0.02% to Rs 2770 on 1.37 lakh shares. India’s largest software services exporter TCS slipped 1.51% to Rs 1032 on high early volumes of 13.13 lakh shares, after two block deals of 3.01 lakh shares were executed on the counter at average price of Rs 1021 per share on BSE by 10:11 IST. Banking shares saw profit booking. HDFC Bank (down 1.26% to Rs 1597.90) and ICICI Bank (down 0.83% to Rs 1230), declined The market is expected to stay cautious ahead of US Federal Reserve’s meeting later in the day to consider interest rates. Analysts speculate that Fed would cut rates by 25 basis points on Wednesday, 31 October 2007. High volatility on the bourses cannot be ruled out. Cues from global markets were negative. The Reserve Bank of India (RBI) in its mid-term review of the annual monetary policy yesterday, 30 October 2007, hiked cash reserve ratio (CRR) by a steep 50 basis points to 7.5%. CRR is the proportion of cash that the banks have to keep with RBI. The central bank left the reverse repo rate, the rate at which it absorbs excess cash from banks, unchanged at 6%. The bank rate, too, was unchanged at 6%%. The CRR hike which come into effect from 10 November 2007, will suck out Rs 16,000 crore from the banking system. The bad news for the industry and the consumer is contrary to some expectations, interest rates are unlikely to soften in the near term. Asian markets were mixed today, 31 October 2007. Hang Seng (down 0.41% at 31,507.41) and Taiwan's Taiwan Weighted (down 0.63% at 9,696.06), edged lower. Singapore's Straits Times (up 0.16% at 3,804.68), South Korea's Seoul Composite (up 0.05% at 2,053.46) and Japan's Nikkei (up 0.11% at 16,668.72), advanced US stocks ended lower yesterday, 30 October 2007, as investors turned cautious ahead of the Fed meet. The Dow Jones Industrial Average slipped 77.63 points or 0.56% to 13,792.63. The tech-laden Nasdaq Composite declined marginally by 0.73 points or 0.03% to 2816.71, while the broad-market Standard & Poor's 500 shed 9.96 points or 0.65% to 1531.02. As per provisional data, FIIs sold shares worth a net Rs 389.12 crore, while domestic institutional investors (DIIs) were net sellers of shares worth Rs 177.24 crore on Tuesday, 30 October 2007. Crude oil fell below $90 in Asian trade today, 31 October 2007 as investors took profit on expectations of an increase in US crude stocks. New York's main contract, light sweet crude for December delivery, was 56 cents lower at $89.82 a barrel. Brent North Sea crude for December delivery dropped 46 cents to $86.98. The 30-shares BSE Sensex declined 194.16 points or 0.97% to 19,783.51, on Tuesday 30 October 2007. It hit an all-time high of 20,238.16 in intra-day trade on that day. The broader based S&P CNX Nifty lost 37.15 points or 0.63% to 5,868.75, on Tuesday 30 October 2007. It hit an all time high of 5,976 on that day.