National Aluminum Company Ltd (NALCO) recommended to the Premium and Quickie Groups at Rs.370 on the Muhurat Trading day touched Rs.434.9 today, giving hefty returns to them: NEPC India Ltd hit the second consecutive buyer freeze today. The scrip was recommended last week at Rs.20.7 and at Rs.20.4. This scrip is expected to give good return on the investments: Kamanwala Industries Ltd came in for heavy selling after the Premium and Quickie Group members were asked to exit the stop loss; after the scrip started to look weak technically: Ferro Alloys Corporation Ltd which is now out of the BIFR net closed flat accompanied by huge volumes. This scrip is through general consensus expected to touch Rs.200. The company is expected to make a killing through platinum mining: I have asked the Premium and Quickie Group members to keep a watch on a media counter on which a block deal might take place as the scrip is technically looking sound. The said media company in question came out with decent set of numbers for the September, 2007 quarter: Punjab Chemicals and Alkalis Ltd recommended to the Premium Group at Rs.32 got freezed and Metalman Industries Ltd also got freezed: Associated Alcohol and Breweries Ltd performed well in the bourses today. The scrip almost hit the buyer freeze before cooling down. It was recommended to the Premium Group at Rs.37 with a SL of Rs.35.5: Uttam Galva Steels Ltd recommended at Rs.32 a month back, hit the buyer freeze today: My old favourites National Steel and Agro Industries Ltd and Sunflag Iron crossed the respective targets: Another of my old favourites which is now a power play is also looking great. That scrip will be recommended again to the Premium Group very soon: Aplab Ltd which is more or less into Power Sector also did well initially before cooling down a bit. The scrip should touch Rs.250 within the next 6 months time frame: I criticised Mr.Rakesh Jhunjhunwala and somewhat jokerish views of Mr. Shankar Sharma,when they talked of huge correction in the near term through my write-ups in the Premium Group and also in the free group. The result is in front of your eyes:

Heavyweight stocks lift market further:

Market continued its upward march, backed by positive global cues. Index heavyweights Reliance Industries and ICICI Bank extended gains. IT stocks firmed up further. Bharti Airtel pared gains. Tata Coffee soared. The market spurted today as worries about the US credit crisis eased after several top US executives reassured investors that the US banking system could withstand shocks from credit-related losses. Asian markets, which opened before Indian market, firmed up further. European markets, which opened after Indian markets, edged higher. 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. At 14:20 IST, the 30-share BSE Sensex was up 741.06 points or 3.89% to 19,776.54. At day’s high of 19,803.06, Sensex gained 767.58 points. The broader CNX S&P Nifty gained 184.3 points or 3.24% to 5879.70. The market breadth was strong. On BSE, 2062 stocks advanced, while 671 stocks declined and 83 stocks remained unchanged. 29 out of 30 stocks in Sensex were in green. The BSE Mid-Cap index was up 2.31% to 8,301.08 and the BSE Small-Cap index was up 2.65% to 10,060.80. India’s largest private sector firm by market capitalisation and oil refiner Reliance Industries soared 4.61% to Rs 2818.15. 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. Ispat Industries jumped 10% to Rs 46.60 on speculative buying on market talks it will be included in National Stock Exchange’s futures & options segment shortly. The BSE Bankex rose 4.90% to 11,054.30. ICICI Bank 5.26% to Rs 1238. HDFC Bank surged 10% to Rs 1738, Punjab National Bank soared 7.03% to Rs 588, Union Bank jumped 4.91% to Rs 186 and Bank of Baroda jumped 4.15% to Rs 389.30. State bank of India rose 2.19% to Rs 2342. The BSE Oil & Gas index rose 4.14% to 11,881.68. Mangalore Refinery & Petrochemicals jumped 6.46% to Rs 103, Indian Oil jumped 4.82% to Rs 544, ONGC gained 3.94% to Rs 1229.90 and GAIL (India) moved up 2.08% to Rs 444. The BSE IT index soared 3.03% to 4,219.99. Infosys Technologies jumped 3.87% to Rs 1690.50, Wipro moved up 3.39% to Rs 456, Satyam Computers gained 2.72% to Rs 421.70 and TCS moved up 2.54% to Rs 973.15. India's largest cellular service provider by market share Bharti Airtel rose 1.72% to Rs 848, off session's high of Rs 889. Bharti added 2.03 million subscribers in October 2007 against 2.06 million additions in September 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. Tata Coffee surged 11.34% to Rs 265.10 on reports that it is looking at buying a Russian brand to market its instant coffee in that country. GTC Industries jumped 5% to Rs 471.60 after CLSA Mauritius acquired 2.45 lakh shares of the company in a block deal yesterday, 13 November 2007 on the Bombay Stock Exchange at Rs 449.15 per share. Among side counters, Rashtriya Chemicals and Fertilisers soared 17.64% to Rs 70.70, HMT moved up 15.92% to Rs 100.50, Finolex Industries moved up 12.49% to Rs 81.50, National Fertilizers jumped 9.97% to Rs 76.10 and Fertilisers and Chemicals Travancore rose 9.97% to Rs 35.85. Ras Resorts & Apart Hotels slumped 15.36% to Rs 32.50, Alfavision Overseas dropped 10% to Rs 22.75, Integrated Financial Services declined 9.26% to Rs 25, Amtek India 9.09% to Rs 165.10 and Transcorp International fell 8.36% to Rs 74. In Europe, UK’s FTSE 100 moved up 1.18% to 6,437.30, France’s CAC 40 rose 1.24% to 5,607.72 and Germany’s DAX rose 0.85% to 7,843.33. 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 4.90% at 29,166.01), Japan's Nikkei (up 2.47% at 15,499.56), Taiwan Weighted (up 2.47% at 8,942.93), Straits Times (up 1.82% at 3,538.73) 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]