WINNING STROKES: THINK DIFFERENT:
This week's Quickie Call FCS Software Ltd shone on early trade: similarly another Quickie Calls for this week Lakshmi Precision Screws Ltd also did well yesterday: My recommended Oscar Investments Ltd hit 3 consecutive buyer freeze yesterday, after Ranbaxys's landmark deal a couple of days back: Premier Explovies Ltd nearly hit the buyer freeze after the company came out with good results and some positive news came out from the Nuclear deal front. India cannot but has to sign the nuclear deal for its own benefits
and the US is keen to sell its enriched uranium--so it is a win win situation for both the parties (India and the US). Communists know that the deal is good for India, so also BJP but all of them do not want the Congress to steal the electoral benefits of signing the said deal, especially the BJP who thinks it to be a missed opportunity if the Congress gets the full credit--thus this delay tectics.....Moreover any progres in Indo-US nuclear deal will further pull down the Crude Oil prices in Nymex, which are already coming down due to its own weight: As expected the crude oil failed to cross $140 per barrel this time also. I had earlier mentioned that crude will find very difficulty to cross $140 per barrel: Basant Agro Tech, Chambal Fertilizer & Chemicals Ltd and Ennore Coke Ltd tanked after profit booking was advised in those counters: Daily Trading Call (Intra-day) Sesa Goa gave huge returns to the investor which was given as a short sell. The stock tanked and generated huge income for the traders: Besides my earlier recommended NCL Industries Ltd, Khoday India Ltd, BF Utilities Ltd, Tilaknagar Industries Ltd, Welspun Gujarat Ltd, etc did well yesterday:
Nuclear energy is inevitable for India, says top scientist:
Kolkata: Nuclear energy is the inevitable option for meeting India's future energy requirements and it's going to play a very important role in the country's progress, a senior scientist said here Monday. "From my point of view, I support the Indo-US nuclear agreement. There is no alternative and nuclear energy is inevitable to meet India's demand of future energy consumption," principal scientific adviser to the government R. Chidambaram told reporters here.He said Prime Minister Manmohon Singh had also clearly stated that once all the agreements, like with the International Atomic Energy Agency (IAEA), were gone through, "there should be some additional elements to what we would be doing ourselves".
"In the age of nuclear renaissance we should adopt a mitigating technology in our country. We should look for international cooperation but the initiative should be ours," Chidambaram said at a function organised by Variable Energy Cyclotron Centre (VECC), Kolkata.He said India has set a target to produce 20,000 MW of nuclear power by 2020. Presently, 4,000 MW of nuclear power is generated in India.He agreed that India's target to produce 20,000 MW of nuclear power is not sufficient compared to the total energy demand by 2020.
"We should look at the fast growth rate of developing nuclear energy efficiency rather than increasing volume," he said.He said two countries, India and China, are growing very fast in terms of nuclear power. On other environmental issues, he said the government should also develop water security by de-salinating seawater and lay thrust on generating solar, thermal and hydropower.
Chidambaram, in town for delivering the third Raja Ramanna Memorial Lecture at VECC, is also the chairman of the Scientific Advisory Committee to the Cabinet. He is considered one of the noted nuclear scientists of the country who helped India become a member of the nuclear club.
Being a material scientist, he is also known for his illustrious contribution in the fields of Crystallography and quasi crystals.
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