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Ten stocks in focus in Friday morning trade...

Posted on Thursday, 13 March 2014

Bharti Airtel Ltd: 

Bharti AirtelBSE -1.66 % is raising over $400 million (Rs 2,446 crore) through a bond offering to European investors, its second in less than a quarter, a banker on the deal said, as the telecom major moved to bring down its net finance costs. 

Maruti SuzukiBSE -0.14 % Ltd: 

 Maruti's institutional investors today approached Sebi, seeking its intervention to safeguard minority shareholders' interests and to ensure compliance with good corporate governance norms with regard to the transfer of a Gujarat project to the car maker's Japanese parent Suzuki. 

Gujarat Gas Company Limited: 

Post a Petroleum and Natural Gas Regulatory Board (PNGRB) nod, Gujarat Gas CompanyBSE 1.22 % Limited (GGCL) can now expand its city gas distribution (CGD) network into Bhavnagar district. 

Tata Motors Ltd: 

Tata MotorsBSE 0.19 % said global sales, including Jaguar Land Rover (JLR) vehicles, declined 19.06 per cent to 79,996 units in February from a year ago. The company had sold 98,837 units in February last year, Tata Motors said in a statement.

AstraZeneca Pharma India Ltd: 

The board will meet on 15 March to decide on delisting the company's shares from the stock exchanges. The drug maker's Swedish parent, AstraZenecaBSE 8.46 % Pharmaceuticals AB, had on 1 March written to the Indian unit about its decision to voluntarily delist the company, said media reports.

MphasisS Ltd:  

HP-owned IT services firm MphasiSBSE -1.69 % reported a 2 per cent fall in consolidated net profit at Rs 180.6 crore for the first quarter ended January 31, 2014.

Crompton Greaves Ltd:

Billionaire Gautam Thapar has put Crompton GreavesBSE 0.88 % up for sale, said two persons familiar with the development. Thapar wants to sell his controlling 42.7% stake to an overseas company seeking to establish itself in the Indian power transmission and distribution sector, said one of the persons.

Infosys Ltd: 

IT services major InfosysBSE 0.55 % said its Senior Vice President and head of Computers and Communications Divisio(CCD) K Muralikrishna has sold shares worth Rs 5.48 crore

IOC Ltd:

State-owned Indian OilBSE -0.35 % Corp ( IOCBSE -0.35 %) is mulling setting up a Rs 30,000 crore refinery at Mundra in Gujarat as part of a plan to increase its processing capacity to 100 million tonnes.

Coal India Ltd:

Production and supplies at Coal IndiaBSE -0.13 % mines dwindled about 20% on Thursday as officers of the state-run company started a three-day strike demanding salary increase. Coal-fired power generation, though, has not been ffected and is expected to remain largely normal the next two days as most power stations have stocked up enough coal.

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affected and is expected to remain largely normal the next two days as most power stations have stocked up enough coal.

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http://economictimes.indiatimes.com/articleshow/31985406.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cpp


AstraZeneca Pharma India Ltd: The board will meet on 15 March to decide on delisting the company's shares from the stock exchanges. The drug maker's Swedish parent, AstraZenecaBSE 8.65 % Pharm ..

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ta Motors Ltd: Tata MotorsBSE 0.19 % said global sales, including Jaguar Land Rover (JLR) vehicles, declined 19.06 per cent to 79,996 units in February from a year ago. The company had sold 98,837 units in February last year, Tata Mot ..

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Infosys tanks 9%, Sun Pharma falls 5%; Sensex, Nifty flat .....

Posted on Wednesday, 12 March 2014

10:00 am Rupee and bond rally: 

The rupee and bonds rallied on Thursday after retail inflation data released after market hours on Wednesday came in above expectations, but further sharp gains are unlikely as investors expect the central bank to keep rates on hold in April, dealers said. The benchmark 10-year bond yield was trading at 8.70 per cent after opening at 8.68 per cent, according to the central bank's reporting platform data. It had closed at 8.72 per cent on Wednesday. 

9:50 am Relief: 

Indian diplomat Devyani Khobragade on Thursday won dismissal of the indictment against her for visa fraud, with a US judge ruling she had full diplomatic immunity although prosecutors are not barred from bringing new charges in future, reports PTI. District Judge Shira Scheindlin said in her 14-page order that “it is undisputed” that Ms. Khobragade acquired full diplomatic immunity at 5:47 m. on January 8 after the US State Department approved her accreditation as a counsellor to India’s mission to the United Nations. While the indictment was returned on January 9, Ms. Khobragade had the immunity till she departed from the US for India on the evening of January 9 and so the prosecutors cannot proceed with the current indictment.

9:40 am Buzzing: 

Shares of Sun Pharmaceutical Industries fell more than 6 percent intraday Thursday on getting USFDA import alert for its Karkhadi unit. US Food and Drug Administration has given import alert for all products from this unit.

9:30 am FII View: 

Laurence Balanco, CLSA says that despite the short-term overbought readings we would respect Nifty's conclusive breakout above 6,383-6,480 resistance. This breakout opens the door for a move up to the 7,036 area. BHEL, HDFC Bank and L&T have recently broken out of a multi-month consolidation pattern implying further gains in the coming weeks. Bharat Iyer, JP Morgan feels Indian equities currently trade at a 40 percent premium to emerging markets and at the high end of the relative historic trading band. Consequently, we believe that further sustainable gains for Indian equities in the benchmark will have to be driven by superior earnings growth. Our money flow indicator suggests increased inflows into financials, industrials and consumer discretionary. Resources and healthcare saw selling.

9:20 am Big fall: 

Shares of Infosys are under tremendous selling pressure, dragging it 9 percent in early trade on Thursday. Investors are worried about the software company as executive chairman Narayana Murthy on Wednesday said he is not at all happy at the way Infosys has performed. Raising concerns about its growth guidance, he said Infosys hasn’t been able to cash in on the rupee depreciation and operating margins. Addressing an investor concall hosted by Barclays, Murthy said, “We expect to be somewhere between 11.5 percent and 12 percent in our revenue growth. Much more like 11.5 percent compared to what is being proclaimed as the Nasscom industry growth rate and that is about 13 percent.”

 Don't miss: Jan IIP picks up, Feb CPI eases, but experts don't see rate cut soon 

After holding gains for a long time, the market opened on a negative note but picked up momentum quickly. After losing over 100 points, the Sensex is up 29.64 points at 21885.86, and the Nifty is up 13.20 points at 6530.10. About 468 shares have advanced, 175 shares declined, and 29 shares are unchanged. Infosys falls 8 percent in early trade as Narayana Murthy raised concerns on its guidance. The Indian rupee opened higher at 61.02 per dollar on Thursday as against previous day's closing value of 61.22 a dollar. It immediately breached 61 level and went upto 60.92 a dollar. Mohan Shenoi, Kotak Mahindra Bank said continued custodial flows into stock markets should keep rupee well supported.According to him, the range for the rupee is seen between 61-61.30/USD today. US stocks finished little changed on Wednesday, with the Nasdaq up for the first session in five, as investors grappled with the evolving situation in Ukraine but shrugged off concern over weakness in China's economy. But the bigger concern right now is China. The economic slowdown in world’s second largest economy is hammering prices of some raw materials, driving down industrial commodities from copper to iron ore and coal. Copper has recovered marginally from 4 year low. After sliding to session lows of 6376.25$/ton, weakest level since July 2010, LME copper recovered to end at 6505. Three-month LME copper has shed more than 11 percent this year. Iron ore prices continue to trade around 18-month lows. Iron ore is down 22 percent so far in 2014 to USD 104.7/tonne raising comparisons to with the slump in 2012 to below 90, which shut down many miners and left producers rethinking expansion plans. In other commodities, Nymex held steady at around USD 98 a barrel in early Asian trade on Thursday, after plunging more than 2 percent in their biggest drop in two months overnight as investors turned their focus to the unfolding geopolitical crisis in Ukraine. From precious metals space, gold was trading near its highest level in six months as investors sought to hedge their bets against geopolitical tensions in Ukraine and economic slowdown fears in China.

Nifty Levels to watch out....

Posted on Monday, 10 March 2014

Nifty hits 6500, Sensex surges over 300 pts...

Posted on Thursday, 6 March 2014

Nifty hits 6500, Sensex surges over 300 pts.
rvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.
oneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
Arvind Sanger, managing partner, Geosphere Capital Management is highly bullish on the India story after the current account deficit (CAD) saw a smart decline in Q3. The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article
The CAD or the difference between the country’s exports and imports, has come down to USD 4.2 billion or 0.9 percent of the gross domestic product and has been aiding the positive market sentiment. India has been getting robust flows from foreign institutional investors (FIIs) in the past 15 sessions. Despite FIIs offloading funds from emerging markets (EMs), Indian has clearly bucked this trend explains Sanger. He further adds that he has a target of low to mid-7000 on the Nifty for this year. Sanger further says that the market is likely to be volatile from a one month perspective driven by all the global events and local news flows around the general elections. However, the market is heading higher as it has a lot of tailwinds in the form of CAD and expectation of positivity from the inflation numbers, he adds. On what stocks to invest in, Sanger says the demand stories, infrastructure plays are likely to do well, but one must be cautious when dealing with the infra space. “Their debt to EBITDA ratios are too high, so be careful when choosing stocks in this space,” he warns. Sanger is bullish on the banking sector and says State Bank of India (SBI) is a safe play among public sector banks.

Read more at: http://www.moneycontrol.com/news/market-outlook/nifty-target-at-7200-7500-bullishbanks-geosphere_1051401.html?utm_source=ref_article

what is mutual fund ?????????

A mutual fund is a type of professionally managed collective investment scheme that pools money from many investors to purchase securities.While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies."Most mutual funds are "open-ended," meaning stockholders can buy or sell shares of the fund at any time. Hedge funds are not considered a type of mutual fund.
In the United States, mutual funds must be registered with the Securities and Exchange Commission, overseen by a board of directors (or board of trustees if organized as a trust rather than a corporation or partnership) and managed by a registered investment adviser. Mutual funds, like other registered investment companies, are also subject to an extensive and detailed regulatory regime set forth in the Investment Company Act of 1940. Mutual funds are not taxed on their income and profits if they comply with certain requirements under the U.S. Internal Revenue Code.
Mutual funds have both advantages and disadvantages compared to direct investing in individual securities. They have a long history in the United States. Today they play an important role in household finances, most notably in retirement planning.
There are 3 types of U.S. mutual funds: open-end, unit investment trust, and closed-end. The most common type, the open-end fund, must be willing to buy back shares from investors every business day. Exchange-traded funds (or "ETFs" for short) are open-end funds or unit investment trusts that trade on an exchange. Open-end funds are most common, but exchange-traded funds have been gaining in popularity.
Mutual funds are generally classified by their principal investments. The four main categories of funds are money market funds, bond or fixed income funds, stock or equity funds and hybrid funds. Funds may also be categorized as index or actively managed.
Investors in a mutual fund pay the fund’s expenses, which reduce the fund's returns/performance. There is controversy about the level of these expenses. A single mutual fund may give investors a choice of different combinations of expenses (which may include sales commissions or loads) by offering several different types of share classes.

intraday call

Posted on Thursday, 19 December 2013

What traders should ‘buy’ or ‘sell’ in range-bound markets...........

Posted on Friday, 2 August 2013

NEW DELHI: The S&P BSE Sensex pared most of the morning gains and turned choppy in the afternoon trade on Friday, led by losses in HUL, ICICI Bank BSE -2.44 % and M&M Ltd.

At 11:30 am, the 50-share Nifty index was at 5,717.45, down 10 point or 0.2 per cent. It touched a high of 5,761.85 and a low of 5,705.05 in early trade today.

The S&P BSE Sensex was at 19,309.13, down 7.7 points or 0.04 per cent. It touched a high of 19,451.70 and a low of 19,273.08 in trade today.

 Ashwani Gujral of ashwanigujral.com

TCS Ltd is a 'BUY' call with a target of Rs 1870 and a stop loss of Rs 1820.

Titan Industries BSE 8.05 % Ltd is a 'BUY' call with a target of Rs 285 and a stop loss of Rs 270.

BPCL BSE -6.28 % is a 'SELL' call with a target of Rs 287 and a stop loss of Rs 305.

Power Grid Ltd is a 'SELL' call with a target of Rs 82 and a stop loss of Rs 95.

Mitesh Thacker of miteshthacker.com

Voltas Ltd BSE -4.08 % is a 'SELL' call with a target of Rs 67 and a stop loss of Rs 76.

Jubilant FoodWorks Ltd is a 'SELL' call with a target of Rs 1040 and a stop loss of Rs 1111.

Infosys Ltd is a 'BUY' call with a target of Rs 3085 and a stop loss of Rs 2977.

Lupin Ltd is a 'BUY' call with a target of Rs 915 and a stop loss of Rs 874.

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services

M&M Ltd is a 'SELL' call with a target of Rs 830 and a stop loss of Rs 870.

Jindal Steel Ltd is a 'SELL' call with a target of Rs 179 and a stop loss of Rs 191.

Titan Industries Ltd is a 'BUY' call with a target of Rs 292 and a stop loss of Rs 273.

Prakash Gaba, CFT, prakashgaba.com

BHEL BSE 1.46 % is a 'BUY' call with a target of Rs 157 and a stop loss of Rs 149.

Tata Communications BSE -1.43 % Ltd is a 'BUY' call with a target of Rs 162 and a stop loss of Rs 142.

M&M Ltd is a 'SELL' call with a target of Rs 835 and a stop loss of Rs 870.

Ashish Chaturmohta, Head Technical & Derivatives Desk Research, Fortune Equity Brokers

Infosys Ltd is a 'BUY' call with a target of Rs 3100 and a stop loss of Rs 2995.

Aurobindo Pharma Ltd is a 'SELL' call with a target of Rs 145 and a stop loss of Rs 165.

Hindustan Zinc Ltd is a 'SELL' call with a target of Rs 90 and a stop loss of Rs 100.

Mitesh Panchal, AVP (Value Addition), Shah Investor's Home Limited

Infosys Ltd is a 'BUY' call with a target of Rs 930 and a stop loss of Rs 820.

Ambuja Cements Ltd is a 'BUY' call with a target of Rs 200 and a stop loss of Rs 160.

JP Associates Ltd is a 'BUY' call with a target of Rs 38 and a stop loss of Rs 30.50.

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