WINNING STROKES: THINK DIFFERENT: My recommended Power Grid Corporation Ltd moved to Rs.104.30 before cooling down a bit. In another move Reliance Power emerged as the front runner among the six short listed entities for a tender floated by Uttar Pradesh Power Corporation to buy 3000 MW of power for 25 years, the scrip moved to Rs.112.50, after it was recommended. The infrastructure sector should be happy with the budget. Tomorrow we could see some fireworks in some of the scrips in the sector.....almost half of the budgetary allocations have been directly or indirectly directed towards infrastructure spending.
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Mid-market call at 12.41 p.m. (i) INTRADAY: Buy MINIFTY_MAR at 5370-5385, T---5418-5440, SL-- 5350 (ii) Budget positive for AMBICA AGARBATHIES & AROMA INDUSTRIES LTD.....you can buy at Rs.9.5, T--Rs.12, SL--Rs.9. (iii) A great step for allowing foreign nationals to invest in Indian capital market. The markets would get super boost with this announcement.
Morning Call: (i) Buy Power Grid at around Rs.100, T--Rs.110, SL--Rs.95 (ii) buy Reliance Power at around Rs.110, T--Rs.115, SL--Rs.107. Note: The special discount (around 26% on the current subscription rate) for the subscription to the Paid Service has ended today. Hence no more subscription request on this front will be entertained. Thanks all for your overwhelming response.
The special mega-discounts scheme will probably get closed or end tomorrow.... . Considering the current market conditions, many investors/traders had asked me to give some discounts to the current subscription rates of the Paid Service. It is because many have invested in my recommended counters and have no clue as what to do with them, with the markets continuously falling. On the other hand it is also virtually becoming impossible for me to cater to so many free members at a time. Considering their case and taking note of the current market conditions, I have decided to go in for some discounted coupons (around 25%) on the subscription rates for the Paid Service on the 1st come first serve basis. The said discounting subscription service would start from today, 25th February, 2011 and would continue till the said quota is filled. Hence rush in for details before the quota gets exhausted. THE MEGA-DISCOUNT SCHEME WILL PROBABLY GET CLOSED TOMORROW i...
Sensex at 16, 000 or 22, 000?? Does it matter...?? Dear Reader, Sensex at 16,000 or for that matter 22,000 means nothing to us... You see all that we focus on is identifying blue chips that are available for dirt cheap. Because that’s the only proven way we know of that could help build long term wealth. Warm regards, Rahul Goel CEO, Equitymaster.com.
Discounted Premium/Paid Service: Considering the current market conditions, many investors/traders have asked me to give some discounts to the current subscription rates of the Paid Service. It is because many have invested in my recommended counters and have no clue as what to do with them, with the markets continuously falling. On the other hand it is also virtually becoming impossible for me to cater to so many free members at a time. Considering their case and taking note of the current market conditions, I have decided to go in for some discounted coupons (around 25%) on the subscription rates for the Paid Service on the 1st come first serve basis. The said discounting subscription service would start from today, 25th February, 2011 and would continue till the said quota is filled. Hence rush in for details before the quota gets exhausted. E-mails: (i) suman2005s@rediffmail.com (ii) sumanm2007s@gmail.co
-:Global crude steel production up due to growing demand from developed countries:- Improving manufacturing indices in the US and the EU has led to the increased demand; worldwide production up 5.3% to 119 million metric tonnes in January compared with 113 million metric tonnes during the same month of the previous year. World crude steel production spiked 5.3% to 119 million metric tonnes (MMT) in January compared with 113MMT during the same month of the previous year on the back of growing demand from developed countries. "Generally, the first quarter of a calendar year is seen as strong from the demand point of view. Now, we are seeing growing demand from developed economies such as the US and European countries, and that is leading to an increase in production activities," Alok Kumar Nemani, an analyst with Nomura Financial Advisory and Securities (India) Pvt Limited, told Moneylife . Manufacturing activity in the US, Europe and China has been moving northwards. Accord...
“We love Kerala, please realise”--Mamata Banerjee " Hum aah bhi bharte hai to ho jaate hai badnaam, woh katl bhi karte hai to charcha nahi hoti" (Even a sigh from me invites censure; even if they commit a murder it is not discussed) Miss Mamata Banerjee, displaying her trademark oratorical skills and punctuating her speech with rapid-fire observations, angry outbursts and even snatches from poetry spiced up the presentation of the Railway Budget yesterday. Miss Banerjee joked, broke into poetry, kept deviating from her speech text to make running comments and asides in order to directly engage with members. She also lost her cool on several occasions as she faced vociferous protests from MPs from Bihar, Punjab and Andhra Pradesh who alleged that she had ignored their states while announcing multiple schemes for West Bengal. “Dhyan se suno (listen carefully)... sab hai isme (everything is there in the Budget),” she kept telling members who wanted...
Mr.Dayanidhi Maran real culprit, Raja accused wrongly: Dr. Arun Shourie NEW DELHI, 25th Feb: Former telecom minister Mr Arun Shourie was today questioned by the CBI during which he alleged that his successor Mr Dayanidhi Maran had tweaked the Telecom Regulatory Authority of India (Trai) guidelines in 2005 to benefit some operators. Emerging after a three-hour-long question session, Mr Shourie told reporters that he had cited several instances to the investigating officers of alleged irregularities during Mr Maran's tenure before Mr A Raja took over as telecom minister in 2007. “Maran was the minister. What is Raja being accused of? Giving these 122 licenses without spectrum, when there is no spectrum with the government. But it was in Maran's time that one sentence was put into the guidelines that there shall be no cap on the number of operators in a circle,” he said. Mr Shourie said such a change could only come as a Trai recommendation. “This (change) comes in the guidelin...
Colonel Muammar Gaddafi: Follow me or I will burn all of Libya....!!!! Libyan leader Colonel Muammar Gaddafi has warned to "burn all of Libya" if the citizens do not cease protests against him. In a surprise televised appearance, Gaddafi warned he was ready to unleash further bloodshed and urged his followers: "Prepare to defend Libya," Sky News reports. "We will defeat any outside attempt to overturn our country,” he told loyalists gathered in Tripoli's Green Square, and adding that "Libyan people love me." In his fourth bizarre public tirade this week, Col Gaddafi told supporters to "keep dancing, keep chanting", adding: "Libyan people love me." Later, his son Saif al-Islam Gaddafi claimed security forces were holding back in battles with rebels - who referred to as "terrorists" - in western Libya and that he hoped there would be a ceasefire in place by Saturday. The warnings have come days after the massive anti...
Dr.Mamata Banerjee's gift for you: 56 new trains The Indian Railways will launch 56 new trains in 2011-12, Railway Minister Mamata Banerjee said while presenting the Railway Budget on Friday. Nine new Duronto trains will also be introduced. In a bid to promote rail tourism, special tourist trains have also been introduced. The frequency of 17 trains will be increased. The names of new trains are give below: Raebareli-Jaunpur Express (daily) Tirupati-Amravati Express (bi-weekly) via Akola, Nizamabad, Gooty, Dharmavaram Asansol-Gorakhpur Express (weekly) via Chhapra, Siwan Nagpur-Kolhapur Express (bi-weekly) via Kurduwadi, Lathur road, Purna, Akola Malda Town-Digha Express (weekly) via Rampurhat Pune-Nanded Express (weekly) via Latur Visakhapatnam-Koraput Intercity Express (5 days a week) via Vizianagram Howrah-Secunderabad Express (weekly) via Kharagpur Mumbai-Chandigarh Express (weekly) via Phulera-Ringus-Gurgaon-Kurukshetra Bardhaman-Rampurhat Express (tri-weekly) Bika...
Discounted Premium/Paid Service: Considering the current market conditions, many investors/traders have asked me to give some discounts to the current subscription rates of the Paid Service. It is because many have invested in my recommended counters and have no clue as what to do with them, with the markets continuously falling. On the other hand it is also virtually becoming impossible for me to cater to so many free members at a time. Considering their case and taking note of the current market conditions, I have decided to go in for some discounted coupons (around 25%) on the subscription rates for the Paid Service on the 1st come first serve basis. The said discounting subscription service would start from today, 25th February, 2011 and would continue till the said quota is filled. Hence rush in for details before the quota gets exhausted. E-mails: (i) suman2005s@rediffmail.com (ii) sumanm2007s@gmail.com
In the Gyanee Family's take, CNBC TV18 shows their "Agayanata" (ignorance)..... You must have read the "Gyanee Family's" take in www.moneycontrol.com and their TV Channel, CNBC TV18. These fellows first called this Railway budget a "disaster" (the great Lata Venkatesh) and then called it "Pedestrian". Then they came out with a cartoon series probably in a hurry may be to poo pooph their critics in the form of "Gyanee Family's take"--but this unfortunately only showed their "Agayanata" on the subject. Let me explain how...Let us this one as example: ## Train fares remain unchanged leaving my travel budge intact...... The above line simply tells one part of the story. It is because in the days of cheaper air fares, it would be difficult to maintain profitably of the railways if minister after minister goes in for the hike of railway fares. The point is, "If the cows milk is available at a cheaper rate then why s...
Most substandard inteview coming for such a high profile bank.....sheeeee....!! Look at the quality of Interview of ICICI Bank Ltd's head Ms.Chandra Kochchar.....Just understand why I call this lady sub-standard and ridiculous for the seat she is occupying. It proves that mere having a degree by mugging up some pieces of shits from text books and then vomiting them in examinations to get good mark-sheet does not give one intelligence. Just see the quality of interview of Chandra, you will only laugh looking at the standard......I don't know why this "Junk" from ICICI Bank is CNBC TV18's "Poster lady" like another famous joker, Shankar Sharma...??!! URL: http://www.moneycontrol.com/news/economy/gdp-forecastsurvey-achievable-chanda-kochhar_526209.html Q: What is your point of view on these estimates? We have had several comments coming in through the day. A lot of people seem to suggest that, if you are on the path of fiscal consolidation, you are b...
Why You Should NOT Listen To Experts Dear Reader, When stock markets were surging, the so-called "experts" were making predictions of huge gains in the years to come. But now that stock markets have crashed, they say stock prices will fall even further. So, what should you be doing now? To begin with, stop listening to the experts. And start investing sensibly.. And one way to do that is to buy blue chip stocks available for dirt cheap... as this could set you up for biggains in the years to come. Warm regards, Rahul Goel CEO, Equitymaster.com