INTRADAY CALL : BUY GNFC IN SHORT TERM CALL

THIS IS RIGHT TIME TO BUY THE GNFC TGT 78 RS WITH IN THE WEEK

Mkts may correct 10 to 15 % from current levels

Nifty is likely to offer resistance at 3,490-3,500 level, while the Sensex may find it difficult to cross the 11,300-11,400 level.
I advised investors to book profit at current levels. He reminded investors that the month of October and May have a bad track record, and "May might spoil the party for markets."

buy sanghi industri

This is right time to buy the current market price 25 rs level it will touch the 45 rs with in short term

buy the vikas wsp,and pochiraju

This is right time to buy the pochiraju this level in short term and will touch the 35 rs and vikas wsp also to see the near future it will cross the 28 rs

Mkts gain amid volatility; midcaps, smallcaps outperform

benchmark indices were trading higher amid volatility, as shares of banking, metal, auto, private power companies as well as Reliance Communication, Reliance Industries, DLF and BHEL were witnessing buying interest. Positive European markets were also helping our markets to stay higher.

However, selling was seen in NTPC, TCS, ONGC, Wipro, Infosys, Bharti, HUL, BPCL, HDFC and Hero Honda. Broader indices - BSE Midcap and Small cap indices were up over 3%. Market breadth was strong; about 2235 shares advanced while 743 shares declined. Nearly 113 shares were unchanged.

The Sensex was trading at 10,944, up 140 points and the Nifty was trading at 3,370, up 28 points, at 13:23 hours IST.

Top gainers were Tata Steel, Tata Motors, Sterlite Industries, HDFC Bank, SBI and Suzlon Energy, which gained 5-9%.

BSE Metal Index was up nearly 6% and Bankex surged 5%. Auto Index went up 2.8%. Healthcare and Capital Goods indices rose 1.5% each.

Cement sector to see 6-7% growth in FY10

Sanjay Ladiwala, President of Cement Stockists and Dealers Association of Mumbai said that prices and despatches have been better in March. He added there is substantial demand for cement from rural, housing and infrastructure sector. Ladiwala expects 6–7% incremental growth in the cement industry in FY10.

CRISIL, CNBC-TV18 announce Mutual Fund Award Winners

CRISIL FundServices, in partnership with CNBC-TV18, yesterday presented the CNBC-TV18 – CRISIL Mutual Fund Awards for outstanding mutual fund performance for the year 2008. Birla Sun Life AMC, with 5 awards and 5 nominations, won the prestigious Mutual Fund House of the Year Award for the second year in a row. Birla Sun Life AMC also won the Debt Mutual Fund House of the Year Award while the Equity Mutual Fund House of the Year Award was awarded to DSP BlackRock AMC. The Most Innovative Fund of the Year honour went to UTI’s Wealth Builder Fund-Series II.



According to Mr. S. Venkataraman, Senior Director - Research, CRISIL, “The awards have grown to be an industry benchmark in evaluating performance of mutual fund schemes in India. The selection for the awards are underpinned by CRISIL FundServices’ robust, unbiased, objective and unique Composite Performance Ranking (CRISIL~CPR) methodology. We have always endeavoured to align the award with the changing profile of the industry and the market environment. Accordingly, this year we have introduced three new categories – Most Innovative Fund of the Year, Debt Mutual Fund House of the Year and Equity Mutual Fund House of the Year.”