Investing in Stock - discussions?

Religare IPO price is set at Rs.185. Those who applied at Rs.185 may have a chance to get shares.

Some stocks in secondary market worth the buy are
1. NIIT technolgies
2. Unitech
3. MRPL
4. Global Vectra
5. Punjab National Bank
6. Yes Bank
7. Hotel Leela
8. Reliance Comm
9. Bharati Airtel
10. Jet Airways

Pls invest based on your own interest.

Hi,
Thanks for your suggestions.Looks like u have suggested all high value scrips.
Any way I think these are good buys.
Pammor.

The market at this hour...
The BSE Sensex is trading at 19,674(up 83 points) while the NSE Nifty is trading at 5,886 (up 39 points). The rupee is trading at 39.27 to the dollar.

those looking at long term can also look at dabur..though fmcg on a whole has been moving very slowly...it is a regular dividend paying company..with strong fundamentals..today..it is planning to launch close to 10 skincare products under its 'Gulabari' brand over the next 3 years. So far, the Gulabari brand has only rosewater in its portfolio. Within the next three years, the company will launch several skincare products such as powders, creams and lotions and by 2010, Gulabari will no longer just be a rose-water brand but will have several other products under it. The company has also launched a cold cream and moisturising lotion, which will be test-marketed in West Bengal over the next four months.

Again invest at your own risk..these are only personal indication...i have vested interest in it....

Oh that is a valuable info.
I am an invester in Dabur too .There is Dabur pharma another group company which also is doing well.Investments can be considered in that also.
Pammor.

hi pammor,

You are welcome...but all pharma are dark horses..will move..but when have to wait....??

Hi all market enthusiasts....

Yesterday the BSE Sensex closed at 19,401 (down 189 points) while the NSE Nifty closed at 5,787 (down 60 points). The rupee was trading at 39.28 to the dollar. Cues could have been festival selling pressure, and global performances.

The market sentiments are strong..but there is also an indication for it to be bearish...but there is continous profit booking..

Today, Faze three has been consolidated...that is the Face value has been consolidated from 2 to 10..so a person who was holding 100 shares at FV2 has 20 now, at FV10. The stock is expected to be listed and traded from November 9th.

Hindu business line has a recommend on Federal bank which is trading at 406..a middle term target of 470.

Business developments..few...
..
.Diamond Cables is expanding manufacturing base and adding a HT Power Cables and LT Cables facility at Vadodara

ABG Heavy Industries has concluded the terms of purchase of the world’s largest crawler crane from Germany.

GTN Industries has received an order on October 31 from Andhra Pradesh Pollution Control Board, Hyderabad.

Reliance Industries said that it has made a second gas discovery in what it referred to as the “Miocene clastics reservoir” in the Krishna basin. The company holds 100 per cent participating interest in the block.

Hindustan Unilever Ltd is selling a 2.91-acre property at Pallavaram, a southern suburb of Chennai, on the GST Road (NH45). The property popularly referred to as the ‘Ponds Factory’ is being marketed by international real estate consultants Cushman & Wakefield, which will conduct the auction. The property also includes over 67,700 sq ft of built-up area.

LIC HOUSING FINANCE: Edelweiss Research maintains a buy...

Over last three years, LICHF has been losing market share to banks due to stiff competition in the mortgage market. However, with the change in competitive landscape in favour of housing finance (HFCs), we believe LICHF will gain market share and report margin improvement. We strongly believe that the company will further improve its performance going forward, in terms of margins, volume growth, and asset quality. The stock is available at 0.8x FY08E book and 5.0x FY08E earnings, and we believe it will soon undergo a re-rating as robust numbers fructify.

My take... It has a run in it.. with the stringent rules on housing finances, mortgages and rbi stand, the scrip is looking at better days.....moreover a dividend paying scrip...it is conducive for both short term and long term.....but has a resistance right now.....

(I do have vested interest...but invest at your own discretion....)

Nov. 6 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to yesterday's close unless otherwise stated. The preview includes news that broke after the markets shut. Stock symbols are in parentheses after company names. The Bombay Stock Exchange's Sensitive Index, or Sensex, fell 1.9 percent to 19,590.78. The S&P/CNX Nifty Index on the National Stock Exchange declined 1.4 percent to 5,847.30. Nifty futures for November delivery slid 1.9 percent to 5944.90. Overseas investors sold a net 7.61 billion rupees ($188.8 million) worth of Indian shares on Nov. 2, according to the latest information on the Securities & Exchange Board of India's Web site. Aksh Optifibre Ltd. (AKOP IN): The Indian optical-fiber maker plans to sell 5 million warrants at 63 rupees apiece. Aksh gained 0.75 rupee, or 1.3 percent, to 58.45. Ashok Leyland Ltd. (AL IN): India's second-biggest maker of trucks and buses reported a 5.9 percent decline in sales in October. Ashok Leyland fell 0.45 rupee, or 1.15 percent, to 38.8. Bharat Heavy Electricals Ltd. (BHEL IN): India's biggest power-equipment maker and its peers may lose the 15 percent price advantage they get in submitting bids, the Economic Times reported, without saying where it obtained the information. India's power ministry has suggested removing the so-called price preference because it protects local companies, the report said. Bharat Heavy fell 51.9 rupees, or 1.9 percent, to 2,663.35. Biocon Ltd. (BIOS IN): The country's biggest biotechnology company may acquire a U.S-based drug marketing company, the Mint reported, citing people it didn't identify. Biocon declined 0.65 rupee, or 0.1 percent, to 562.90. Jupiter Bioscience Ltd. (JPO IN): The Indian drugmaker's board of directors will meet Nov. 14 to consider restructuring its equity capital, the company said in a statement to the Bombay Stock Exchange yesterday. Jupiter rose 2.45 rupees, or 1.4 percent, to 176.20. Hindustan Petroleum Corp. (HPCL IN): India's second-largest state-run refiner wants to buy BG Group Plc's stake in a company that distributes natural gas to households in Mumbai, the Financial Express reported, citing a letter written by the refiner to India's oil ministry. Hindustan Petroleum added 7.15 rupees, or 3 percent, to 246.30. Mahindra & Mahindra Ltd. (MM IN): India's biggest maker of sport-utility vehicles may have bid the highest for Italian automobile gear-maker Metalcastello SpA, the Economic Times reported, citing people it didn't identify. Mahindra may have offered 105 million euros ($152 million), the report said. Mahindra slid 12.7 rupees, or 1.7 percent, to 742.85. .

Good thread out there !!

I am also investor in stocks. Some more good buys

TTML (Tata Teleservices) at current levels
Hotel Leela at current levels
Vijaya bank

If you have RNRL, sell some at current levels and retain some for the furture (a 40:60).

AHMEDABAD: It stands for passion, ambition, prosperity, foresight and risk. Hovering around 20,000, Sensex is one of the hottest Indian brands. Little did Deepak Mohoni know that his coinage Sensex would assume so much significance in the times to come.

An IIT and IIM pass-out, Mr Mohoni is the CEO of TrendwatchIndia and humbly admits that it was for reasons of clear simplicity that he abbreviated the word that went on to become a sensation. “I had to type two words for writing sensitive index. So for ease, I christened it Sensex for my columns in 1989,” says Mr Mohoni whose columns used to appear in publications.

While many feel that brand Sensex may be hottest brand these days, hotter even than any cricketer or film personality, until the mid 1990, no one except Mr Mohoni used the word Sensex.

Journalists and writers later on began accepting and using this word in their articles, he claims.

“The Bombay Stock Exchange, in fact, started using it in their publications much later, after 1995 or 1996,” he said. Its popularity has risen so much that the Bombay Stock Exchange is looking to patent this sexy and sensational Sensex.

In the early nineties, there was no India story and the GDP was about 3-4%. It was a different stock market with very less participation. Today, fluctuations in the Sensex have a direct relation with the cardiac activity of many as millions of Indians remain glued in front of their monitors right from the opening of the stock market till it closes at noon.

A noted analyst, Mr Mohoni feels that the market is good in the long term, and with India getting into the big league, Sensex is bound to keep reaching new highs. “A correction however, cannot be ruled out. It may not come tomorrow or may be not even a month later. But it can be severe than in March 2006 as the Indian economy then and now is much similar. Many stocks are overvalued and there is an imbalance. Otherwise, how do you justify an Indian petroleum company that is yet to begin production to have overtaken two other Indian Fortune 500 companies in terms of market capitalisation?”

The correction will not be a reflection of the India’s growth story and will in no way affect it, he adds.

FIIs and mutual funds have turned sellers in the last two weeks. While India may not be slowing down, other countries are. Big monies not chasing stocks can make it difficult for the market to move further driven by global cues. “For companies that are into land deals a lot is left to the imagination and future plans and this can be risky,” he warns.

Political uncertainty has also been seen as a strong reason behind the Sensex volatility. “The stock market has withstood a lot of political crisis in the last 20 years and one should remember that India’s growth is not its political growth story. Some political upheavals can affect the stock market for a week or two but not more,” according to him. Mr Mohini sees Indian stock market as a random market and would not like to predict Sensex 3-5 years from now.