Ferro Alloys Corporation Ltd, which is into Platinum Mining (Platinum is costlier than gold) is rising up with huge volume. Ferro Alloys is out of the BIFR net and is now splitted into 3 companies. The company's September, 2007 quarter results are excellent: Assam Company recommended to the Premium Group at Rs.18 is on the circuits: NEPC India Ltd is on the circuits; it was recommended at Rs.20.5 some days back: Associated Alcohols and Breweries Ltd is also doing well today: Aplab Ltd recommended to the Quickie group earlier and then to the Premium Group is also going good. Many people do not know that though Aplab Ltd works across many verticals it is mainly a Power ancilliary company. For more please visit: http://www.aplab.com: Canation Nutra Analogues Foods Ltd which was recommended at Rs.78 and Rs.82 and then Rs.92 is doing well today also:As expected and mentioned to the Premium Group and Quickie Group members, small and mid caps are doing well:

Sensex up 700 points; breadth strong:

The market rallied further in early afternoon trade in tandem with firm Asian markets. Oil & gas stocks firmed up further. Banking, capital goods, metal and IT stocks were in demand. Reports that a number of prominent overseas investors are applying for FII registration with the market regulator Securities & Exchange Board of India (Sebi), also boosted the sentiment. The market surged today as worries about the US credit crisis eased after several top US executives reassured investors that the US banking system can withstand shocks from credit-related losses. Asian markets, which opened before Indian market, firmed up further. Reliance Industries extended gains. Ispat Industries soared on huge volumes. Hindalco surged. As per reports, nearly 50 applications for FII registrations, including from Morgan Stanley, Citigroup, Bank of America, CLSA and hedge fund DE Shaw, have been cleared by Sebi since mid-October 2007 when the curbs on participatory notes (PNs), derivatives that allowed foreign investors to trade on the Indian markets, were imposed by the market regulator. Twenty of the new registrations are for conversion of sub-accounts by the big Wall Street firms into FIIs, the report suggested. Some of the top names that have been granted full-fledged licences include Credit Agricole Funds, Prudential Investments, SocGen International ,Crosby Asset Management (HongKong), ING Life, Man Investment and State Street Global Advisors. At 12:20 IST, the 30-share BSE Sensex was up 712.47 points or 3.74% to 19,747.95. At day’s high of 19,748.39, Sensex gained 712.91 points. The broader CNX S&P Nifty gained 196.15 points or 3.44% to 5891.55. The market breadth was strong. On BSE, 2053 stocks advanced, while 584 stocks declined and 46 stocks remained unchanged. 29 out of 30 stocks in Sensex were in green. The BSE Mid-Cap index was up 2.26% to 8,296.94 and the BSE Small-Cap index was up 2.68% to 10,063.99. India’s largest private sector bank by market capitalisation and oil refiner Reliance Industries jumped 3.49% to Rs 2790. The company has reportedly increased petrol and diesel prices by Rs 4.50 to Rs 5 per litre. As the international crude oil prices are hovering around the $100 a barrel mark, oil companies in the country are finding it difficult to maintain the profitability. The private sector fuel retailers will lose market share to the government-owned companies as PSUs sell at a lesser price. Telecom stocks firmed up. India's largest cellular service provider by market share Bharti Airtel soared 4.92% to Rs 874 on reports it added 2.03 million subscribers in October 2007, taking its total mobile user base to 50.9 million. Meanwhile, Bharti's chairman Sunil Mittal on Wednesday, 14 November 2007, he favours mobile number portability across the country and not just in the four big metro cities. India's second largest listed cellular service provider by market share Reliance Communications moved up 2.76% to Rs 727. India’s largest real estate firm by market capitalisation DLF rose 2.41% to Rs 927 on reports that the real estate firm is buying Singapore-based luxury chain Amanresorts for around $250 million. Banking, IT, metal stocks and oil & gas stocks were in demand. The BSE Bankex was up 4.14% to 10,974.45. ICICI Bank was up 4.09% to Rs 1224.20, State Bank of India (SBI) was up 2.80% to Rs 2359, HDFC Bank was up 7.95% to Rs 1701.20 and Axis bank rose 2.16% to Rs 969.80. The BSE IT index was up 2.76% to 4,208.97. Infosys Technologies jumped 3.53% to Rs 1685, TCS was up 2.41% to Rs 971.90, Satyam Computer rose 2.37% to Rs 420.30 and Wipro moved up 2.48% to Rs 452. The BSE Metal index rose 3.38% to 17,622.07. Jindal Saw jumped 7.72% to Rs 804, Steel Authority of India (Sail) grew 4.30% to Rs 260.50, Tata Steel moved up 3.67% to Rs 863.50 and Sterlite Industries rose 3.29% to Rs 1010. India's largest aluminium producer by sales Hindalco Industries rose 2.97% to Rs 209.75 on reports the company had raised prices of primary aluminium by Rs 2,000 a tonne. The BSE Oil & Gas index was up 3.37% to 11,793.52. ONGC was up 3.27% to Rs 1223.80, Mangalore Refinery and Petrochemicals moved up 6.46% to Rs 103 and GAIL (India) rose 4.72% to Rs 455.50. Valecha Engineering rose 11.04% to Rs 277.10 after it said it secured road and tunnel projects worth Rs 100 crore. Turbine and sugar maker Triveni Engineering & Industries was up 2.02% at 138.75 ahead of a board meet to consider fund raising through issue of bonds or debentures. Dhampure Specialty Sugars rose 2.24% to 182.70 after its board approved its merger with Dhampur Alco-Chem, with Dhampure shareholders getting one share in the latter for each share held. Dhampur Alco-Chem will also spin off its real estate unit into a new company. Integrated steel maker Ispat Industries was locked at upper limit of 10% at 46.60 on huge volumes of 1.96 crore shares on BSE. Asian markets surged today, 14 November 2007, boosted by a strong rebound on Wall Street yesterday, 13 November 2007. Hong Kong's Hang Seng (up 4.16% at 28,960.57), Japan's Nikkei (up 2.47% at 15,499.56), Taiwan Weighted (up 2.47% at 8,942.93), Straits Times (up 1.98% at 3,544.45) and South Korea's Seoul Composite (up 2.05% at 1,972.58) edged higher. US markets rallied yesterday, 13 November 2007, after reassuring news from Goldman Sachs Group Inc. and Wal-Mart Stores Inc. calmed some of the market's worst fears about the credit crisis and the economy. The Dow Jones industrial average surged 319.54 points, or 2.46%, to 13,307.09. The S&P 500 index jumped 41.86 points, or 2.91%, to 1,481.04, and the Nasdaq Composite index gained 89.52 points, or 3.46%, to 2,673.65. On 13 November 2007, the market ended its six-day losing streak to post gains on value buying. The 30-share BSE Sensex surged 298.21 points or 1.59% to 19,035.48. The broader S&P CNX Nifty gained 78.30 points or 1.39% to 5695.40, on that day. Reports that the Left front may allow the government to negotiate safeguards for a civilian nuclear agreement with the US, aided the surge. As per provisional data, FIIs sold shares worth a net Rs 332.84 crore, while domestic institutional investors (DIIs) were net buyers of shares worth Rs 264.15 crore on Tuesday, 13 November 2007. [With inputs from the internet]