BNK Capital Markets, Ennore Coke Ltd, BPL Ltd, Phoenix International Ltd, IFB Agro Industries Ltd & Deccan Gold Mines, hit the buyer freeze: Keep accumulaing H S India Ltd, Ferro Alloys, Indo Borax and Chemicals Ltd and Ritesh Properties and Industries on all declines: I have recommended a Textile Counter, a company which is into building/maintenance of IT Parks and is South India Based & another counter to the Premium/Quickie Group members, today: Kanpur Plasticpack & Kisan Mouldings Ltd recommended on last Monday to the Quickie Group Members does well today also: Book some profits in Simmonds Marshall Ltd, Kamanwala Housing Construction Ltd, Kisan Mouldings Ltd, Rajoo Engineers Ltd and Soma Textile Industries Ltd: At last the Textile Sector and some of the BPO counters have started to perform: The government has recently come up with very goood incentives for the textile companies and more is likely to follow before the next budget: BNK Capital Ltd is now heading towards Rs.150 mark as RBI could soon give green signal to the company for trading in Dubai Gold Exchange etc. The company is already retaining almost all it's holdings of companies as mentioned in the last Annual Report--needless to say, the holdings are mind boggling (Please go through the Annual Report for FY07):

The market surged today to hit record high on renewed buying in blue chips. Sensex settled above 20,000 mark for the first time. Nifty closed above 6,000 level for the first time. Domestic bourses tracked firm global markets ahead of US Federal Reserve's meeting later today on interest rate. Fed is expected to cut Fed funds rate by at least 25 basis points. Asian markets were trading higher today, 11 December 2007. However, European markets, which opened after Indian market, were mixed. Bharti Airtel and HDFC Bank were major gainers from Sensex. Infosys and DLF were major losers from Sensex pack. Banking, realty, auto and metal stocks edged higher. Except BSE IT index all the other sectoral indices on BSE were in green. Reliance Industries gained. BSE Mid-Cap and Small-Cap indices hit all-time highs. Market breadth was strong. The 30-share BSE Sensex provisionally ended up 331.56 points or 1.66% to 20,262.24. Sensex hit all-time high of 20,333.06 in late trade. At day's high, Sensex had gained 402.38 points. The broader S&P CNX Nifty provisionally ended up 131.55 points or 2.21% at 6,092.15. It hit an all-time high of 6,111.20 today. BSE clocked a turnover of Rs 8179 crore compared to Monday (10 December 2007)'s Rs 7,420.72 crore. BSE Mid-Cap index rose 1.17% to 9,224.05. It hit an all-time high of 9,268.23 today. BSE Small-Cap index rose 1.61% to 11,716.74. It hit an all-time high of 11,740.96 today. Market breadth was strong. On BSE, 1,917 stocks advanced, 914 stocks declined and 29 stocks remained unchanged. 25 out of 30 stocks advanced in the Sensex pack. Bharti Airtel (up 6.21% to Rs 1,030.70), ONGC (up 3.68% to Rs 1,238.45) spurted India’s largest private sector firm by market capitalization & oil refiner Reliance Industries rose 1.87% to Rs 2,875.40. As per reports, Reliance Industries (RIL), has struck a deal to explore uranium in Australia, as soaring demand and prices turn the heavy radioactive metal into a lucrative commodity. RIL, through its subsidiary RIL (Australia), has signed an agreement with Uranium Exploration Australia (UXA) to buy 49% in eight exploration blocks owned by the company in South Australia and Northern Territory, reports suggest. Banking stocks gained. HDFC Bank (up 5.2% to Rs 1,781.30),Indian Overseas Bank (up 4.76% to Rs 185), ICICI Bank (up 2.34% to Rs 1,303.50), and State Bank of India (up 0.72% to Rs 2,441.90) edged higher. Realty stocks surged. Ansal Propertes & Infrastructure (up 16.88% to Rs 340), Unitech (up 7.39% to Rs 475), Indiabulls Real Estate (up 1.98% to Rs 728) edged higher. DLF declined 1.35% to Rs 1,012. Metal stocks rose. Shri Precoated Steel (up 10% to Rs 382.10), National Aluminium Company (up 5.55% to Rs 404), Sterlite Industries (up 3.28% to Rs 1,109.90), Steel Authority of India (up 2.14% to Rs 276,95), Hindalco Industries (up 3.73% to Rs 200.30), Tata Steel (up 0.06% to Rs 834) edged higher. Auto stocks also gained. Tata Motors (up 0.49% to Rs 770), Maruti suzuki India (up 3.64% to Rs 1,083.50), Hero Honda Motors (up 1.94% to Rs 699.50) and Bajaj Auto (up 3% to Rs 2,793.90) edged higher. Infosys (down 0.54% to Rs 1,739), Ambuja Cements (down 0.27% to Rs 150.50), Reliance Energy (down 0.46% to Rs 1,937.15) and Bharat Heavy Electricals (down 0.27% to Rs 2,670.25) edged lower. European markets were mixed. France’s CAC 40 (down 0.12% to 5,744.19), and UK’s FTSE 10 (down 0.4% to 6,539) edged lower. Germany’s DAX (up 0.17% to 8,047.19) edged higher. Asian markets were trading higher today, 11 December 2007. Hong Kong's Hang Seng (up 2.55% at 29,226.84), Japan's Nikkei (up 0.76% at 16,044.72), Taiwan's Taiwan Weighted (up 0.47% at 8,638.33), Straits Times (up 1.03% at 3,589.74), Shanghai Composite (up 0.25% to 5,175.08), South Korea's Seoul Composite (up 0.98% at 1,925.07) edged higher. US markets ended higher yesterday, 10 December 2007 ahead of Fed rate decision. The Dow Jones Industrial Average gained 101.45 points, or 0.74%, to 13,727.03. The Standard & Poor's 500 index shot up 11.30 points, or 0.75%, to 1,515.96. The Nasdaq Composite index advanced 12.79 points, or 0.47%, to 2,718.95. [With inputs from the Internet]