Kohinoor Broadcasting Corporation Ltd hits the Buyer Freeze, with huge volumes of more than 77 lakh shares and around 9 lakhs pending orders. There is a great news coming in the counter which was disclosed to the Premium and Quickie Groups: Nagpur Power and Industries Ltd hit the Buyer freeze: Premier Explosives Ltd closes with solid gains. The company has purcahsed land for the expansion and is under the scanner of many mutual funds, as the management of the company was revamped with the introduction of new faces. Please buy with a target of Rs.150--Rs.170 in the next 250 days: Ennore Coke hits the buyer freeze before cooling dow a bit: Kabra Extrusionlink Ltd also moved up. It is trading very cheap compared to it's peer Rajoor Engineeers Ltd: Hilton Metal Forgings Ltd also moved up. The scrip was recommended to the Quickie Group Members: Shree Rayalaseema Alkalies and Allied Chemicals Ltd(recommended a couple of months back at around Rs.13) also moved up riding on the buoyancy of soda ash prices: Pondy Oxides and Chemcials also moved up. Keep accumulating the scrip on all declines: Ritesh Properties and Industries Ltd recommended around Rs.60 and Rs.67, moved up by 15% today and closed at Rs.93.55. It is a property and a textile play: Investors should accumulate Kew Industries Ltd on all declines: I do not know why people are investing in Fertilizer Counters, when it is a government controlled sector. People should exit all the fertilizer counter before they fall from grace: No one looked at H S India Ltd as I continued accumulating the counter. It is because it is a Gujarat Based Hotel (the second hotel coming up in the first part of 2008) and if the rumours are to be believed has some links with the ruling party:

Excerpts of Sunday Report send to Premium/Quickie Group Members:

The markets could consolidate at the current levels: The momentum should continue in the small, mid and select large cap counters: Over the week, the key Indian stock market indices closed down 1.5% - 7.5%, on weak global cues and foreign selling ahead of market holidays. However, IT and mid-cap index gained around 1% over the week. The volumes recorded have been good but the advance-decline ratio has remained negative. Incidentally, FIIs remained net sellers in both the cash as well as the derivatives segments ahead of the F&O segment. Domestic institutional investors, on the other hand, were net buyers during the week supporting the markets at lower levels. Crude oil prices remained range bound while the rupee depreciated during the week on the back of year end selling by FIIs. SEBI said on Thursday that it will allow all class of investors to short sell the shares which they don’t own. The news of SEBI allowing short selling may not have significant impact on stock market in the near-term, but it is good for long-term perspective. Short selling by every investor will enhance liquidity and depth to the market. It will also help mutual funds come at par with FIIs. It will reduce volatility in the market, as it would ease off some pressure on unwinding of positions before expiry. The annual inflation, based on the wholesale price index (WPI), rose 3.65% in the week ended 8 December 2007 and was lower than the previous week's 3.75% rise. The country's GDP growth can be scaled up to 10% by 2012 with the right set of policies, but the subprime crisis in the US might impact exports and capital flows, prime minister Manmohan Singh said on Wednesday, 19 December 2007, at a meeting of state chiefs and other top policymakers. The market is expected to consolidate a bit further and buying may be seen at every dip before the Oct-Dec earnings season kicks off. Market may see a positive trend after the year-end, because FII inflows will resume in January, 2008 after their holiday, and corporate earnings will begin to trickle in. FIIs has to certain extent resorted to year-end profit taking as they follow the calendar year as their accounting year. FIIs had been the key drivers of the recent rally. Their inflow in calendar year 2007 totalled Rs.67, 329.50 cr. (till 19 December 2007). They were net buyers to the tune of Rs.1, 422 (till 19 December 2007). Till such time, stock specific action will be witnessed amid occasional bouts of volatility and choppiness due to the derivatives segment expiry next week. Global cues would continue to impact the market sentiment and profit booking and selling pressure will be witnessed at higher levels. Technically, on the upside the 19,700 followed by the 20,000 level are likely to act as resistance levels for the BSE Sensex. The BSE Sensex has support at the 18,740 level followed by the 18,530level. On the upside, the 5940 followed by the 6000 level are likely to act as resistance levels for S&P CNX Nifty. The 5520 followed by the 5215 are important support levels for S&P CNX Nifty. Investors should use all dips to buy bag full of scrips as in the next year, with the entry of the FIIs, the stock market will just rise in one direction for some days. Hence buy when there is “blood in the market” this time. This time the budget is expected to be “Populist” due to the ghost of elections looming large over the head of the FM.

IT Stocks Outlook: Seen steady amid volatile markets next week:

• Information technology shares are likely to remain steady amid volatile markets next week on defensive buying. Valuations of the frontline IT shares are low compared with both overseas peers and other sectors in Indian market. A robust financial performance and guidance upgrade by Accenture Wednesday, will further lend support to IT shares in India, in the coming week. • A note released by Emkay said: "The concerns on the cut in IT spending may be overly overblown...there have not been any instances of large deals getting terminated or pushed out because of the economic situation." Further, the worries in overseas markets have increased acceptance of offshoring, leading to more work for the Indian players. • CNX IT Index rose 3% to 4593.80 on value buying. Infosys is trading at 17 times 2008-09 earnings, Tata Consultancy Services is trading at around 16 times, and Satyam Computer Services and HCL Technologies are at 13 times. These shares, which were trading at a price earnings ratio of 22-23 a year ago, are now likely to regain some of their lost sheen, as investors flee riskier and more volatile stocks. This pins the upside on the top five IT shares of around 10-15% over the next month, as the Oct-Dec earnings result season draws near. • Infosys Technologies is likely to move up as IT shares have been weak over the past two months on concerns that rupee appreciation against the dollar, and cuts in IT spends by U.S. companies will hit earnings of Indian companies. The focus will remain away from mid-cap players as the valuations of the frontline companies are looking cheap.

Major news over the week:

·Manufacturers' Association for Information Technology asks govt to abolish central sales tax on IT products. ·HCL Technologies signs multi-year, multi service agreement with Merck & Co Inc to provide strategic support to Merck's IT initiatives. ·Subex Azure announced that it will be deploying its Concilia Interconnect Billing System at one of the largest telecommunications providers in Turkey. ·Ramco Systems has announced that the Company has strengthened its position in retail segment by providing comprehensive applications and IT solutions with key orders from leading US based handcrafted Chocolatier Bissinger's, Subhiksha & Dutyfree Distribution Services Pvt Ltd. ·Micro Technologies India Ltd has announced that to compete in today's global marketplace, Company competent Security product is tested for safety requirements of US regulations and would offer FCC Complied products to its International clients.

Sensex spurts 692 points in global rally:

The market surged yesterday as software shares spurted ahead of Q3 December 2007 earnings reporting season. Strong global cues also boosted the sentiments. Bharti Airtel spurted. Reliance Industries edged higher. Reliance Energy hit all time high. The market breadth was strong. 27 out of 30 stock from the Sensex pack were in green. A stronger-than-expected US consumer spending calmed fears the world's top economy was heading into a recession. The market also cheered a comfortable victory for Bharatiya Janata Party (BJP) in the Gujarat state election, as it helped lessen worries that the ruling Congress party could call an early national election. In a spectacular victory, the Bhartiya Janta Party (BJP) got an absolute majority in the Gujarat assembly elections capturing power for the fourth straight time propelled by Chief Minister Narendra Modi who gets a third term in office. The BJP got 117 seats, just five short of a two-thirds majority in a house of 182. The Congress, whose earlier tally was 51, got 62 seats marginally improving its position over 2002 elections. Others have got three seats. The FTSE 100 index in UK was up 0.40%. Asian markets, which opened before Indian market, were firm. The 30-share BSE Sensex rose 691.55 points or 3.61% to 19,854.12. Sensex hit a high of 19,879. At day's high, the Sensex gained of 716.43 points. The broader CNX S&P Nifty rose 218.60 points or 3.79% to 5985.10. The BSE Mid-Cap index rose 2.06% to 9,211.71. The BSE Small-Cap index climbed 1.42% to 11,980.57. Both these indices underperformed the Sensex. The market breadth was strong. On BSE, 1966 shares advanced as compared to 941 that declined. 30 shares were unchanged. BSE clocked a turnover of Rs 5657 crore, compared to Thursday (20 December 2007)'s Rs 6,259.25 crore. Nifty December 2007 futures were at 6009.50, a premium of 24.4 points as compared to the spot closing of 5985.10. The NSE's futures & options (F&O) segment turnover was Rs 80,577.10 crore, which was higher than Rs 73,067.55 crore on Thursday, 20 December 2007. India's largest private sector firm by market capitalization & oil refiner Reliance Industries rose 2.70% to Rs 2788.05, off day's low of Rs 2714. India’s largest dedicated housing financing firm by operating income Housing Development Finance Corporation (HDFC) soared 6.33% to Rs 2897.35. India’s largest real estate firm by market capitalisation DLF rose 1.08% to Rs 971.65 on reports the company has received regulatory approval to launch the initial public offer of DLF Offices Trust in Singapore for raising about $1.5 billion. The IPO of DLF Offices Trust, a Real Estate Investment Trust (REIT) of K P Singh-promoted DLF Assets, is expected to come in January next year, the reports added. India's largest listed cellular service provider by sales Bharti Airtel gained 6.07% to Rs 970.15. As per reports, Bharti Enterprises may reportedly acquire Big Apple, the Delhi-based supermarket chain with 65 stores. The BSE Bankex rose 3.38% to 11,101.74. It underperformed the Sensex. India’s largest private sector bank by assets ICICI Bank rose 4.40% to Rs 1207.90. Recently, CLSA gave a buy rating on the stock with a price target of Rs 1,400. Punjab National Bank soared 6.53% to Rs 661.75, Indian Overseas Bank jumped 5.69% to Rs 174.60, Oriental bank of Commerce spurted 3.66% to Rs 261.95, Bank of Baroda rose 2.92% to Rs 415.70 and HDFC Bank gained 2.89% to Rs 1694.35. IT stocks climbed on hopes the US economy may avoid a recession. The BSE IT index 6.04% to 4,581.61. It outperformed the Sensex. India's second largest software exporter by sales Infosys Technologies soared 6.63% to Rs 1810.90. India’s third largest software exporter by sales Wipro soared 8.86% to Rs 535.30 on reports it may bid for France's Capgemini by the end of January 2008 in a deal valuing the latter at around $7 billion. Satyam Computer Service gained 6.28% to Rs 454.55, TCS rose 6.07% to Rs 1108.70 and HCL Technologies 5.39% to Rs 327.45. Indian software firms derive more than half of their revenue in dollar terms. Select PSU stocks gained on reports the government plans to ask blue-chip public sector units (PSUs) to issue bonus shares, as their reserves and surplus have increased to several times their paid-up capital. The BSE PSU index rose 2.21% to 9,722.81. It underperformed the Sensex. GAIL (India) surged 9.01% to Rs 522.75, ONGC rose 4.75% to Rs 1,247.40, Bharat Heavy Electricals climbed 5.08% to Rs 2,489.25, HPCL rose 2.33% to Rs 318.50 and BPCL gained 4.36% to Rs 450.85. The BSE Power index rose 3.37% to 4,353.21. It underperformed the Sensex. Areva T&D surged 10.50% to Rs 2479.15, Reliance Energy jumped 6.14% to Rs 2058.90, Tata Power Spurted 3.23% to Rs 1326.10, CESC rose 3.16% to Rs 602.90 and NTPC gained 2.99% to Rs 236.25. The BSE Metal index rose 3% to 18,820.79. It underperformed the Sensex. Jindal Saw jumped 6.93% to Rs 1014.95, National Aluminum Company (Nalco) rose 5.49% to Rs 445.50, Tata Steel rose 4.57% to Rs 862.50, Sterlite Industries rose 4.56% to Rs 1000.40 and Steel Authority of India rose 1.59% to Rs 268.45. Two-wheeler maker TVS Motor Company gained 1.94% to Rs 71.10 on reports the Madras high court has suspended an interim order restraining TVS Motor from booking or selling its recently launched 125-cc bike 'Flame'. The bench posted the case to 4 January and 5 January 2008, for further hearing of all the petitions. Automobile tyre maker Apollo Tyres gained 3.90% to Rs 49.25 on reports that it is close to acquiring a South East Asian tyre maker. The acquisition would be finalised early next year. Construction firm Nagarjuna Construction Company jumped 5.51% to Rs 339.75 after it bagged an order worth about Rs 570 crore order from the Government of Oman for Wadi Adai Al Amerat road project. India's top tractor maker by sales Mahindra & Mahindra jumped 4.85% to Rs 823.55 on reports it is in talks with Renault to assemble and market its utility vehicle Scorpio in US market. The largest engineering conglomerate in south east Asia Larsen & Toubro rose 2.63% to Rs 4088.70 on reports it has floated a power generation firm Larsen & Toubro Power Development and is planning to generate 5,000 megawatt in the next five years. India's largest wind turbine maker Suzlon Energy gained 3.79% to Rs 1906.30 after the company said it has secured an order from ONGC, India's leading oil & gas exploration & production company for 51 megawatt of wind turbine capacity. Info Edge India rose 3.30% to Rs 1334.20 after the company said its board had approved raising the foreign fund limit to 40% of paid-up capital from 24% earlier. The board also approved raising Rs 500 crore through various means. Speciality chemicals maker Jayant Agro Organics rose 2.23% to Rs 110.10 after the company said its board approved issuing 6 lakh shares to Japan's Itoh Oil Chemicals Company at Rs 105 each. The board also approved raising up to $20 million through foreign currency convertible bonds. The company will also issue 1.3 million warrants to promoters and 4 lakh warrants to public at Rs 105 each. Industrial gas equipment maker BOC India gained 1.31% to Rs 193.95 on reports that the firm has signed a deal with a real estate firm to develop its property at Santhanagar, Hyderabad. Engineering firm Gujarat Apollo Industries jumped 3.12% to Rs 327.60 on reports the management of the company has concluded the negotiations for the disinvestment of its 49% holding in Johnson Screens (India), a joint venture company with Johnson Screens, USA (A Weatherford company). IFCI clocked the highest turnover of Rs 300.54 crore on BSE. Reliance Energy (Rs 242.95 crore), Mundra Port & Special Economic Zone (Rs 143.35 crore), Reliance Industries (Rs 131.91 crore) and Reliance Petroleum (Rs 130.55 crore), were the other turnover toppers on BSE in that order. IFCI clocked the highest volumes of 3.81 crore shares on BSE. Bellary Steels & Alloys (2.42 crore shares), Ispat Industries (1.34 crore shares), IKF Technologies (1.33 crore shares) and Kashyap Technologies (1.08 crore shares), were the other volume toppers on BSE in that order. Asian stocks edged higher yesterday, 19 December 2007, tracking overnight gain in US stocks. Key benchmark indices in Hong Kong, Japan, Singapore, Taiwan and China were up by between 1.07% to 2.60%. US markets ended higher on Friday, 21 December 2007, led by technology and energy stocks. The Dow Jones Industrial Average gained 205 points at 13451. The Nasdaq Composite index advanced 51 points to 2692, and the S&P 500 index rose 24 points at 1484. Crude oil for February delivery traded 9 cents lower at $93.22 a barrel in New York Mercantile Exchange electronic trading. The market regulator Securities & Exchange Board of India (Sebi) on Thursday, 20 December 2007, cleared proposal to allow short selling by institutional investors. In order to provide a mechanism for borrowing of securities to enable settlement of securities sold short, it has also been decided to put in place a full-fledged securities lending and borrowing (SLB) scheme for all market participants in the Indian securities market, Sebi said. Naked short selling will not be permitted in the Indian securities market and accordingly, all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement, Sebi said. Annual inflation, based on the wholesale price index (WPI), rose 3.65% in the week ended 8 December 2007, lower than previous week's 3.75% rise, data released by the government during trading hours on Thursday, 20 December 2007 showed. [With inputs from the Internet]