Winning Strokes:

Crude Oil reaches my target of $107 per barrel couple of months after I predicted the same. The Crude Oil's next destination is $85 per barrel. The US Federal Reserve's latest data from its 12 districts show economic growth remains sluggish, which along with declines in commodity prices helps takes some of the pressure to hike interest rates off the central bank's shoulders.

Meanwhile, commodity-related plays like energy producers, miners, and natural resource companies were in focus again (in the US), after a hedge fund outfit Ospraie Management shuttered its marquee fund (I have mentioned that such things will happen long back), which specialized in such investments. Some blamed the fall of the fund for Tuesday's afternoon stumble, while others predicted another liquidation could be responsible for Wednesday's ongoing downturn of stocks like miners Alcoa

How will the markets behave tomorrow?? Which sectors to exit or buy??!! All these to the Paid Groups:

Ram Informatics Ltd

BSE Code:530951

CMP: Rs.14.15

Book Value: Rs.49

EPS: Rs.2.78

P/E: 5.05

Market Cap: Rs.15.74 Cr

By Saarthi

Although small, is one such company which has been regularly bagging e-governance orders from last few months. It has completed various IT projects especially for different divisions of govt of Andhra Pradesh like computerized administration of sales tax, tourism, state road transport corporation, AP housing board etc. Besides company has designed, developed and maintains several govt portal like BangaloreOne(Karnataka), eSuvidha (UP), iSetu (Maharastra), Eseva, Sales Tax and Fire Service(AP) etc.

For FY08 it reported 25% jump in revenue to Rs.12.75 cr whereas the NP increased by 40% to Rs 3 cr thereby posting an EPS of Rs 2.70. In the last few months it has bagged good long term orders from the various govt bodies of Andhra Pradesh as well as Karnataka. It has also got couple of orders from small co-operative banks for its own developed smart software products for automation in banking.

Considering its Q1FY09 nos, company may report total revenue of more than Rs 20 cr and profit of Rs.3.25 cr i.e. EPS of Rs 2.9 on equity of 11.25 cr. Aggressive investors can buy at current EV of Rs 16 cr as it can give fast return once the sentiment turns positive.

Wall Street mixed on global economic

Stocks mixed on worries about global economy, despite lower oil and higher US factory orders

NEW YORK -- Wall Street finished mixed in fickle trading Wednesday, with investors still unsettled about the economy ahead of Friday's employment report and only somewhat relieved about sliding commodities prices. The Commerce Department gave the market just modest comfort when it said orders for manufactured products rose by 1.3 percent in July. The figure was higher than the 0.8 percent predicted by economists polled by Thomson Financial/IFR; the department also upwardly revised its June reading to an increase of 2.1 percent. However, many traders shrugged off the report as old news, given that it is now September. With automakers releasing sluggish August sales and the Federal Reserve reporting weak economic activity throughout the nation, the market proceeded cautiously. A massive pullback in commodities since earlier in the summer has helped alleviate some of Wall Street's inflation worries. Oil briefly slid below $108 a barrel Wednesday as the dollar strengthened and Hurricane Gustav appeared to leave oil installations in the Gulf of Mexico mostly undamaged. But oil pared its losses to end above $109 a barrel. And investors are realizing that oil has fallen partly because global demand growth is waning -- bad news not only for energy companies, but also for the technology and industrial sectors. On Tuesday, stocks gave up a huge early advance only to close lower, as investors' enthusiasm about oil's selloff gave way to concerns about the economy in the United States and abroad. "All the data in the last two weeks has actually been very good," said Joseph V. Battipaglia, chief investment officer at Ryan Beck & Co., pointing to Wednesday's factory orders data, falling oil prices, and the recent upward revision of second-quarter gross domestic product. "Despite all that, you didn't get a commensurate market performance. And that's troubling." According to preliminary calculations, the Dow Jones industrial average rose 15.96, or 0.14 percent, to 11,532.88, after rising by as many as 37 points and falling by as many as 100. Broader stock indicators slipped. The Standard & Poor's 500 index fell 2.60, or 0.20 percent, to 1,274.98, and the Nasdaq composite index fell 15.51, or 0.66 percent, to 2,333.73. The Russell 2000 index of smaller companies rose 3.40, or 0.46 percent, to 741.91. Advancing issues outnumbered advancers by about 8 to 7 on the New York Stock Exchange, where volume came to 1.21 billion shares. Bond prices moved higher Wednesday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.70 percent from 3.74 percent in late trading on Tuesday. One bright spot in the market Wednesday was the troubled financial sector, which drew some bargain hunters thanks to positive news on a few big names: Ambac Financial Group Inc., Freddie Mac and Lehman Brothers Holdings Inc. Ambac rose $1.58, or 22.4 percent, to $8.65 after Wisconsin insurance regulators late Tuesday approved the bond insurer's plans for a new insurance subsidiary. Freddie Mac rose 20 cents, or 3.9 percent, to $5.38, after selling $4 billion in debt this week. The prices at which the company sold the debt indicated that investors' fears about the government-sponsored mortgage finance company, while still high, have eased a bit since last month. And Lehman Brothers rose 81 cents, or 5 percent, to $16.94 amid ongoing speculation that the investment bank is in talks to sell a 25 percent stake in itself to a Korean bank. But in general, the outlook for stock market is uncertain, and investors have been hesitant to make any large bets. Investors were unimpressed with the Federal Reserve's latest snapshot of business conditions released Wednesday, in which businesses described the climate as "weak" or "soft" or "subdued." The big economic headline of the week for Wall Street is likely to be the Labor Department's reading on August employment. The report is expected to show a drop in payrolls for the eighth straight month and another uptick in the unemployment rate. The prospect of a worsening job market is worrisome to Wall Street, since many companies dependent on consumer demand have been hurting. Corning Inc. fell $2.42, or 12.4 percent, to $17.08 after reducing its third-quarter sales and earnings-per-share outlook to reflect slower shipments of glass used in flat-screen televisions and computers. Light, sweet crude futures fell 36 cents to settle at $109.35 a barrel on the New York Mercantile Exchange. The dollar rose against the euro and pound, but weakened against the yen. European indexes fell after a European Union report showed falling exports and lower household spending caused the euro economy to shrink by 0.2 percent in the second quarter. "We went from a weakening dollar, strong growth abroad regime to one that has a strengthening dollar and weak growth abroad," said Brian Gendreau, investment strategist for ING Investment Management. "People are trying to figure out what this means for their portfolios. ... No one really has a comprehensive way of sorting this all out." Britain's FTSE 100 fell 2.15 percent, Germany's DAX index fell 0.78 percent, and France's CAC-40 lost 2.03 percent.