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Tuesday, May 20, 2008

Market Report 20 May 08

With the monday leave and a long weekend , sensex is expected to trade in a soft manner , with flattish kind of clues from the asian peers where DOw also loosing all its morning gains . DOw which was inturn trading with the gains of 130+ in the morning loses all gains on accnt of some bad newz by leading comp san disk ..Asin peers are trading weak on accnt of crude boiling abv 126$ to 127 range ..crude is expected to touch 135 abv 125$ as per the analysts .. more and more fund houses are investing in crude to reap the short term gains...
Sensex after a good runup in last week might look for a bit rest in thi9s week .. nifty at 5180-5230 faces resis .. we might see selling coming in at higher lvls.. and buying in dips..
Trade abv 5100 for buys and sell at highs.. 5080 is the sl shuld be kept for intraday trade..

One good thing about Friday's rise was that FIIs were net buyers in cash as well as F&O. But, here again it remains to be seen if this is a turnaround or just an aberration. The overall mood is still cautious...
M&M is another stock to keep an eye on as a newspaper reports that it is eyeing Italian bike brands..
Tech Mahindra may be in action as a business daily reports that it is likely to bag a big order from BT..
RCOM is set to launch DTH services in 4,000 towns.. KEEP AN EYE ..

GAIL may become a consortium partner in the Pakistan-India portion of the Iran-Pakistan-India gas pipeline project..
Reliance Infratel dilutes 5% stake in pre-IPO placement..
BSEL Infrastructure Realty has signed a MoU with the Government of Malaysia for development of the proposed Iskandar metropolis at an investment of Rs180bn.. NEWZZ BASED MOVMNT CULD BE SEEN..
Quippo Telecom Infrastructure is likely to buy 49% stake in Tata Telecom Teleservices.. KEEP EN EYE..

HSBC acquires 73.2% stake in IL&FS Investsmart for Rs11bn in cash..
Bombay Dyeing is considering demerging its real estate business into a separate company...our buy call t 800..

Shree Precoated Steels decides to hive off its steel business into a separate company..
Mercator Lines enters into coal mining business through its subsidiary in Singapore..
Omaxe plans to foray into Dubai property market..
nifty will face resis at 5180 lvls and supp at 5080-5056 lvls..

havea grt week ahead..

No comments:

DEMERGERS ..SPLITS.. & BONUS

Rel Power considering bonus .. fund houses says 2:1 or 3:1

Bajaj demerger approved..

RANBAXY demerger approved 1:4 ratio

DLF TO TO demerge into various buzz..

LNT TO HIVE OFF CONCRETE BUZZ

India bulls finc demerger

Unitech demerger story.. retail arm to to seperate..

JSPL stock split newzz 1:5 wat markets are expecting ..

Teledata Record date out for Demerger.

Suzlon Stock Split 1:5 .

19-09 ONGC stock split newz

19-09 Media Video lib considering demerge real estate opr

17-09-07 Rajesh Exports plans to demerge its operations to unlock huge value ..chk the move

14-09-07)Zenith birla along with demerger also considering merger of Tungabhadra Holdings ...

14-09-07)Kirloskar Oil Engines has fixed October 27, 2007 as record date for bonus shares ..

(12-9-07)Banco india ltd (cmp 137) considering the Stock Split ...

Electrosteel Castings Ltd ( Splitt) ..

IDEA to hive off its tower business another demerger(buy recomm)

Anant Raj industreis .. Stock Split 1:5

Zenith Birla demerger rumur ..

REL plans to hive off its EPC division (speculative)*

Valecha Engineering Limited( bonus announced)


GMR( Split)

REIAGRO( Demerger)

NICOLAS p(Demerger)












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