Tit - bits

When this report is being written, the  BSE Sensex was seen at 36,552.07 down 185.73 points (-0.51%) while Nifty was trading at 10,753.20 do an 55.35 points (-0.56%). This market is purely driven by liquidity and hence there is a disconnect with the fundamentals of Indian economy. The Nifty would continue to get support around 10700, especially, post de-escalation of the tensions at Sino -- Indian border. 

#My recently recommended Spandana Spoorty Financial Ltd hit its 3rd consecutive buyer freeze today at Rs.671.80. The scrip was recommended around Rs.551 in this blog. Accumulate in every declines. 

#Buy the shares of Texmo Pipes and Products Ltd near Rs.14/15, for short term targets of Rs.17/18. It is a Rs.10 face value share with book value at Rs.57.49.
The pipe manufacturing sector should do well as the NDA government has stepped up its efforts to optimize water supply for irrigation and infrastructure spaces.