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My view is that above Rs 170-175, Hindalco Industries looks tired and supplying is coming in at that level.
Steel stocks are doing well,utperforming. Tata Steel and Steel Authority of India have been trading near their highs and after this reaction from the Budget has recovered pretty smartly.
But the non-ferrous metals- Hindalco and Sterlite has started struggling at higher levels. Hidnalco above Rs 170-175 is looking tired and supplying is coming in at that level. Sterlite Industries also Rs 825-850 is proving to be a supply zone and nowhere near the Rs 900 peak which we had seen earlier, so a differentiation is happening in this space, and non-ferrous probably because of NMDC or for whatever reason it is not doing that well. So we have to focus on steel stocks for the time being and that still remains on the outperformance mode and every dip the steel stocks look more attractive.
Budget 2010 : Hike in FDI limit
Posted by :
dipakgod
Boarder Since : 9th Nov 08
Posted 6802 messages to date
(4.20)
Markets welcome Budget Sensex gains 238 points in week:
The Bombay Stock Exchange (BSE) benchmark Sensex, in a volatile week, shot up 237.92 points to end at 16,429.55, while welcoming Budget 2010-11 for its investor and industry-friendly.
Budget 2010: Stimulus withdrawal will be mistake at this time
Posted by : dipakgod
Boarder Since : 9th Nov 08
Posted 6802 messages to date
Mid-caps are a minefield where investors have burnt their fingers, but they’re also a club where one can spot tomorrow’s winners. Suddenly automobile, mid-sized banks, and construction & engineering companies have become the new flavours. ETIG brings you a list of 42 such mid-caps.
ET has picked stocks with a market capitalisation between Rs 2,000 crore and Rs 10,000 crore, based on the average market cap for January 10. The final 42 have been selected keeping in mind the sectoral representation, and parameters like daily exchange turnover, price earning ratio, dividend yield and beta (which reflects a stock’s volatility).
Religious Fanatism and Riots-Who did it?
Posted by :
supuni
Boarder Since : 2nd Jan 09
Posted 218 messages to date
(3.86)
Dear Supreet
here is an article by CHO S. RAMASWAMY is a well-known political analyst, actor, dramatist and editor of Tamil magazine Tughlak - (one of my favourite writers)
on the same MF Husain topic
NOW THAT M.F. Husain has settled in Qatar where there is total freedom, he is free of the shackles imposed by the Indian system on freedom of expression. All those who appreciate his art would now eagerly await his imaginative paintings of the leaders of Qatari society, hopefully not artistically clothed.
His fans would not expect him to confine nudity to Hindu deities alone; it would extend to all the religions. Having already painted his mother, daughter and Muslim kings fully robed, Mr Husain, being the freed citizen that he is now in Qatar, should be prepared to remove those clothes.
How can the artist in him be satisfied with seeing Saraswati and Parvati alone in the nude? Fortunately for art in the nude, the courts here cannot do anything to Mr Husain now that he has run away from the Indian judicial system. All the cases could be now buried amidst the pictures drawn by him. Both would mercifully go to the dustbin. I am very anxious not to get branded as communal in my thinking. I want to be hailed as a secularist and so I would say with all the force I can command that Mr Husain has the inalienable right to depict the Hindu deities in the most obscene manner while taking care to paint even non-religious Muslims fully clothed. He can claim that because he hates Hitler he painted him in the nude so he could humiliate him and in the same breath justify his nude pictures of Hindu goddesses as depiction of purity.
And because I am secular, I would also assert that his not returning to India is only to gain freedom from the Indian fascism and not to avoid being apprehended by the law enforcers in this country. Being a liberal-minded artist, he naturally is not able to put up with the protests which do not harm him in any way. Shunning the Indian system and preferring the Qatar environment is not an act of hypocrisy but one of liberal, secular and free thought. And now that Mr Husain has established himself as such a stout campaigner for free expression, I must believe firmly that he will forcefully plead with his new protectors in Qatar to roll out of a bit of that red carpet to Taslima Nasreen, another hounded victim from the literary world.
Market likely to move sideways advance tax numbers awaited:
Dalal Street is likely to witness a lacklustre session this week tracking global markets, which are also expected to trade in a limited range.
Trading will be sideways this week in the downside. if nifty break 5K Mark than will see 4800 again. The market will see a gradual crawling movement with a nagative biaa.
the March quarter advance tax payment numbers, which are expected on Monday, if good, will give a push to the market But the market rallied quite a lot after the Union Budget. It is now consolidating. Advance tax numbers will act as a domestic trigger for short term.
The US Federal Open Market Committee meeting on March 16 to discuss the monetary-policy strategy and to give a description of the economy is also keenly awaited.
"The FOMC meet will give an idea as to where the interest rate is heading in the US. This will act as a big trigger for the US market, which have been rangebound for quite sometime, and in turn will impact Indian stocks.
The BSE Sensex rose for the fifth straight week, its biggest stretch of weekly gains since June 2009. The key index gained one per cent to close at 17,166.62 points over the week even as traders booked profit on select stocks.
NIFTY = 15000 & SENSEX = 50000
Posted by : patience
Boarder Since : 15th Nov 03
Posted 4167 messages to date
Abhayji
In Satyug Manipulation was done for good deeds thats why it was SATYUG.
In Kalyug Manipulation will be done for bad deeds all the time. This is basic.
I will tell you a personal experience i faced when i was involved in a noble cause, my friend is a CTO of a company (IT) he and me along with 3 other friends we took a building in lease and purpose was to provide free accommodation to poor people from our village who need medication and cannot find place to stay in city.
Within 2 months of this free service every local newspaper in my village covered news how we are getting villagers here and selling there organs. This hurt us so much we thought we will STOP it and then we went into further details to find out the local MLA who is against us in fear of lossing vote bank started this propaganda.
This is why we have to be mentally very strong to do what we want to do in Kalyug, and if we stick to honesty the path will only get tougher and tougher. But thats the fun.
Regards
my friend if mkts were not near a double top..my views would b different..so I feel every pop should b cashed...otherwise charts..on fnm are extremely bullish...I spotted the pop couple of week ago...It took too long for it to happen...we dont know when the whole mkt can go in a tail spin..as we are near a major top...
so it would b foolish for me not to advise..caution..but main time..I got some amazing pops...I think god is helping me out...lol...thank god..
Don`t mess with old men
Posted by : nitchakal
Boarder Since : 10th Mar 07
Posted 443 messages to date
An old prospector shuffled into the town of El Indio , Texas leading an old tired mule.
The old man headed straight for the only saloon in town, to clear his parched throat.
He walked up to the saloon and tied his old mule to the hitch rail. As he stood there,
brushing some of the dust from his face and clothes, a young gunslinger stepped out of the saloon
with a gun in one hand and a bottle of whiskey in the other. The young gunslinger looked at
the old man and laughed, saying, "Hey old man, have you ever danced?" The old man looked up
at the gunslinger and said, "No, I never did dance... never really wanted to."
A crowd had gathered as the gunslinger grinned and said, "Well, you old fool, you`re gonna` dance now,"
and started shooting at the old man`s feet. The old prospector, not wanting to get a toe blown off, started
hopping around like a flea on a hot skillet. Everybody was laughing, fit to be tied.
When his last bullet had been fired, the young gunslinger, still laughing, holstered his gun and
turned around to go back into the saloon. The old man turned to his pack mule, pulled out a double-barreled shotgun,
and cocked both hammers. The loud clicks carried clearly through the desert air. The crowd stopped
laughing immediately. The young gunslinger heard the sounds too, and he turned around very slowly.
The silence was almost deafening. The crowd watched as the young gunman stared at the old timer
and the large gaping holes of those twin barrels. The barrels of the shotgun never wavered in
the old man`s hands, as he quietly said, "Son, have you ever kissed a mule`s ass?"
The gunslinger swallowed hard and said, "No sir..... but... I`ve always wanted to."
PS:There are a few lessons for us all here:
*
Never be arrogant.
*
Always, always make sure you know who has the power.
*
Don`t mess with old men, they didn`t get old by being stupid.
Are YOU missing something in your LIFE?????
Posted by : aamaadmi
Boarder Since : 23rd Feb 09
Posted 1602 messages to date
A woman came home from work late, tired and irritated, to find her 5-year old son waiting for her at the door.
SON: `Mummy, may I ask you a question?`
MUM: `Yeah sure, what it is?` replied the woman.
SON: `Mummy, how much do you make an hour?`
MUM: `That`s none of your business. Why do you ask such a thing?` the woman said angrily.
SON: `I just want to know. Please tell me, how much do you make an hour?`
MUM: `If you must know, I make R 50 an hour.`
SON: `Oh,` the little boy replied, with his head down.
SON: `Mummy, may I please borrow R25?`
The mother was furious, `If the only reason you asked that is so you can borrow some money to buy a silly toy or some other nonsense, then you march yourself straight to your room and go to bed. Think about why you are being so selfish. I don`t work hard everyday for such childish frivolities.`
The little boy quietly went to his room and shut the door..
The woman sat down and started to get even angrier about the little boy`s questions. How dare he ask such questions only to get some money?
After about an hour or so, the woman had calmed down , and started to think:
Maybe there was something he really needed to buy with that R25.00 and she really didn`t ask for money very often.The woman went to the door of the little boy`s room and opened the door.
`Are you asleep, son?` She asked.
`No Mummy, I`m awake,` replied the boy.
`I`ve been thinking, maybe I was too hard on you earlier` said the woman. `It`s been a long day and I took out my aggravation on you. Here`s the R25 you asked for.`
The little boy sat straight up, smiling. `Oh, thank you Mummy!` he yelled. Then, reaching under his pillow he pulled out some crumpled up bills.
The woman saw that the boy already had money, started to get angry again.
The little boy slowly counted out his money, and then looked up at his mother.
`Why do you want more money if you already have some?` the mother grumbled.
`Because I didn`t have enough, but now I do,` the little boy replied.
`Mummy, I have R50 now. Can I buy an hour of your time? Please come home early tomorrow. I would like to have dinner with you.`
The mother was crushed. She put his arms around her little son, and she begged for his forgiveness.
It`s just a short reminder to all of you working so hard in life. We should not let time slip through our fingers without having spent some time with those who really matter to us, those close to our hearts. Do remember to share that R50 worth of your time with someone you love.
If we die tomorrow, the company that we are working for could easily replace us in a matter of hours. But the family & friends we leave behind will feel the loss for the rest of their lives.
Bharti Offers .7 Billion for Zain African Assets
Posted by : BullSheetRules
Boarder Since : 20th May 08
Posted 4778 messages to date
BTW,
Since question about Old civilisation going the same way wrt to India has broader perspective, so it may be a good idea to check one of popular msg floating around for fun / joke and a reality check!
***
An American visited India and went back to America Where he met his Indian friend who asked him
How did u find my Country
The American said it is a great country
With solid ancient history And immensely rich with natural resources.
The Indian friend then asked.
How did u find Indians??
Indians??
Who Indians??
I didn`t find or met a single Indian there in India.
What nonsense??
Who else could u met in India then??
The American said..
In Kashmir I met a Kashmiri
In Punjab a Panjabi
In Bihar, Maharastra, Rajasthan, Bengal, Tamil Nadu, Kerala
Bihari, Marathi, Marwadi, Bengali, Tamilian, Malayali
Then i met
A Hindu,
A Muslim,
A Christian,
A Jain,
A Buddhist
And many many many more
But not a single Indian did i meet
Think how serious this joke is..
The day would not be far off when indeed we would
Become a collection of nation states as some
Regional anti-national politicians want...
Fight back -
Always say i am Indian
***
Just like Shrewd Politicians, shrewd businessmen behave the same way wrt TOSS of Public and Free Public Money! :) lol
Similar BS GAMEs, similar BS Traps! :)
Gud luk & happy investing! :)
India over 10 years
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Poll
Udayan's Market Outlook
 |
Excitement in market to return in few weeks | |
| ||
| Udayan Mukherjee, Stocks Editor, TV18 | ||
 |
Popular Boarders 7days| 207 | |
| 200 | |
| 186 | |
| 185 | |
| 180 | |
Top Tracked 7days| 1406 | |
| 1087 | |
| 1046 | |
| 881 | |
| 858 | |
Have you made your Dream Team?
Top selected cricketers today
IPL Points Tally
| Team | P | W | L | NR | PTS | NRR |
| Kolkata | 2 | 2 | 0 | 0 | 4 | 0.43 |
| Deccan | 2 | 1 | 1 | 0 | 2 | 0.50 |
| Delhi | 1 | 1 | 0 | 0 | 2 | 0.26 |
Time: 16.00 hrs
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