WINNING STROKES:

Kernex Micro Systems Ltd recommended yesterday to the Paid Groups at Rs.98--Rs.99, through Yahoo Messanger, rose more than 8% today.

CESC Ltd recommended to the Free Groups today rose up to Rs.298.85 from Rs.279.5, generating massive volumes. The adjacent picture on the right is of CESC House, Kolkata. On the left are the pictures of Titagarh and Southern Generating Stations of CESC Ltd. Generation and Distribution of Power (Electricity) are the core businesses of CESC Ltd.

Its two subsidiaries which are engaged in the Real Estate and Retail businesses, have huge growth potential going forward. The company paid a dividend of 40% per share in FY08. The stock is expected to give at least 50% returns within the next 6-8 months time frame.

My Strongly recommended KEC International Ltd to the Free and Paid Clients rose to Rs.391 before cooling down. It is one of the finest scrips in the power sector and will shoot to Rs.500--Rs.6 00 in the next 6 months time frame. My Recommended Punj Lloys Ltd recommended at Rs.225, crossed Rs.300 today, generating more 40% return in less than 2 months--amazing.......

Buy Lok Housing Ltd, BGR Energy Ltd, Premier Explosives Ltd, Reliance Industrial Infrastructure Ltd, Ennore Coke Ltd, etc. in all declines.

The markets have already made a permanent bottom as mentioned earlier to the Free (Yahoo Group-->SumanSpeaks) and Paid Groups.

Stocks rise on bailout hopes; credit remains:

Stocks jump as investors pin hopes on financial rescue package; credit markets remain tight NEW YORK -- Financial markets were mixed Thursday as lawmakers moved closer to hammering out a deal aimed at reviving the crippled financial system. The Dow Jones industrial average rose more than 200 points on optimism about the deal but a credit market squeeze remained as doubts about the proposed plan's effectiveness drove demand for short-term, safe-haven assets. To help ease credit markets, the Federal Reserve early Thursday issued more than $20 billion in collateral such as Treasury bills in exchange for dollars to help meet demand for safe assets.

Meanwhile, disappointing readings on employment and demand for big-ticket manufactured goods, as well as a sobering forecast from General Electric Co., were underscoring the broad effects of the more than year-old credit crisis.

But stock investors were hopeful that a $700 billion bailout plan would win approval, albeit with some important changes, following two days of testimony on Capitol Hill by the country's top economic leaders. The momentum intensified Thursday as President Bush summoned congressional leaders to a meeting aimed at securing the legislation.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke urged lawmakers on Tuesday and Wednesday to quickly sign off on the plan, which would help prop up the economy by removing billions of dollars in risky mortgage-related assets from financial firms' balance sheets. The president highlighted the urgency in a national address Wednesday night.

White House officials have yielded to a key demand by congressional leaders, agreeing to include widely supported limits on pay packages for executives whose companies benefit. Major elements are still being worked out, including how to phase in the mammoth cost of the package and a plan to let the government take an ownership stake in troubled companies as part of the rescue.

Strained credit markets tightened, suggesting investors are waiting to see the details.

Demand remained high for the 3-month Treasury bill, considered the safest short-term investment, with the yield trading at 0.47 percent, down from 0.49 percent late Wednesday. That means investors are still willing to earn the slimmest of returns in exchange for a safe place to put their money. The yield on the benchmark 10-year Treasury note rose to 3.84 percent from 3.81 late Wednesday.

In another sign of credit market tightness, the benchmark three-month London Interbank Offered Rate, a bank-to-bank lending rate known as LIBOR, jumped 0.29 percentage point to 3.77 percent.

In midmorning trading, the Dow Jones industrial average rose 236.80, or 2.19 percent, to 11,061.97. The Dow fell 563 points, or 4.95 percent, in the first three sessions this week.

Broader stock indicators also rose Thursday. The Standard & Poor's 500 index rose 22.86, or 1.93 percent, to 1,208.73, and the Nasdaq composite index rose 38.32, or 1.78 percent, to 2,194.00.

The dollar was mixed against other major currencies, while gold prices fell slightly.

Light, sweet crude for November delivery fell 6 cents to $105.67 on the New York Mercantile Exchange.

Meanwhile, the Labor Department said the number of people requesting jobless benefits increased by 32,000 to a seasonally adjusted 493,000 last week, the highest level in seven years and much greater than analysts' expectations of 445,000. Hurricanes Ike and Gustav added about 50,000 new claims in Louisiana and Texas, the department said.

The Commerce Department said sales of new homes fell sharply in August to the slowest pace in 17 years. The average sales price also fell by the largest amount on record. New homes sales fell by 11.5 percent in August to a seasonally adjusted annual sales rate of 460,000 units, the slowest sales rate since January 1991.

The department also said orders for manufactured goods sank in August by the largest amount in seven months as demand for both airplanes and cars sank. Durable goods orders fell by 4.5 percent last month, far worse than the 1.6 percent decline that economists expected and the biggest drop since a 4.7 percent fall in January.

GE fell 74 cents, or 3 percent, to $23.85 after lowering its forecast for third-quarter and full-year earnings, citing unprecedented weakness and volatility in the financial services markets.

Advancing issues outnumbered decliners by about 2 to 1 on the New York Stock Exchange, where volume came to 103.9 million shares.

The Russell 2000 index of smaller companies rose 5.34, or 0.77 percent, to 703.10.