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Monday, October 24, 2011

Diwali Stock Picks from ISG Forum by their members


NESCO

Kennametal India

TVS Srichakra

ITC

All the Diwali Stock Picks for 2011


You can get all the Diwali Stock Picks for 2011 Here

Diwali Stock Picks 2011


Diwali Stock Picks 2011

Diwali Dhamaka Picks 2011


Diwali Dhamaka Picks 2011

Muhurat Picks


This is got to be the most useless post ever

No one is commenting but everyone is visiting it

Diwali Picks - Oct 24 2011


Diwali Picks - Oct 24 2011

Diwali Picks - Oct 2011


Diwali Picks - Oct 2011

Eros International - Target Price 349


Eros International - Target Price 349

Diwali Picks 2011


Diwali Picks 2011

BSE Bulk Deals to Watch - Oct 24 2011


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
24/10/2011 530027 Aadi Inds PRITI MANOJ RUPAREL B 95000 16.70
24/10/2011 530027 Aadi Inds MAYUR RAMNIKBHAI PATEL S 183658 17.17
24/10/2011 531560 Aroma Enterprises RUPESH BHOGILAL BHATIA B 51000 84.08
24/10/2011 531560 Aroma Enterprises CHUNILAL MISHRIMAL SANGHVI S 51000 84.08

Asia-Pacific markets surge on easing Europe worries, strong China manufacturing data


Markets clung to hopes that European policymakers were moving a step closer to resolve the region’s debt crisis.

Asia-Pacific markets expanded gains throughout the day after kicking off the new trading week in positive fashion, with the Thomson Reuter Asia-Pacific index climbed up 2.37% at 155.93 while the MSCI Asia index (excluding Japan) surged 3.45% at 474.53 Monday, October 24, 2011, as appetite for riskier assets rejuvenated after better than expected reading on China's HSBC October flash PMI data and Japan export data, and on growing optimism that eurozone leaders may announce stronger rescue package for the region's struggling economies.

Market snaps two-day losses on Europe bailout hopes, China data


Key benchmark indices edged higher on Dhanteras, which marks the beginning of Diwali festivities, snapping a two-day losing streak, on news that euro-zone leaders are making progress toward agreeing measures to tackle the sovereign debt crisis. But, Indian stocks trimmed gains amid late volatility, as caution set in ahead of the central bank's monetary policy review tomorrow, 25 October 2011. The barometer index BSE Sensex failed to retain the psychological 17,000 level, which it had regained at the onset of the trading session. The market breadth turned negative from positive in late trade. The Sensex was up 153.64 points or 0.92%, off close to 165 points from the day's high and up about 40 points from the day's low.

Market poised for firm start on buoyant global cues


The market is likely to edge higher tracking positive global cues. Asian stocks advanced on Monday while US markets settled higher on Friday after euro zone leaders made some progress towards a strategy to tackle the region's debt crisis. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 56.50 points at the opening bell. Cigarette major ITC, Sterlite Industries and Titan Industries will unveil their Q2 results today, 24 October 2011.

Stocks may remain volatile in the immediate future as traders roll over positions in the futures & options (F&O) segment from the near-month October 2011 series to November 2011 series. The near-month October 2011 derivatives contracts expire on Tuesday, 25 October 2011.

Markets set for a strong start on Dhanteras


European Union leaders have made some progress toward a strategy to fight the euro zone's sovereign debt crisis. The start is likely to be on a strong note.

Headlines for the day

JSW to raise steel prices by 2-3%, cuts spot sales

Diesel sales at RIL outlets close to nil

Piramal joins race for Milestone Capital

Tatas mull Group CEO post to ease chairman's workload

IDBI Bank plans to raise $200 million from Swiss market

Stocks in News


KPIT Cummins to set up subsidiary in Brazil by December.

Supreme Industries plans Rs200-crore capex.

Shriram Transport to open 50 automalls.

NMDC to buy four more iron ore assets abroad.

SEBI's new takeover rules come into force.

Oil & Natural Gas Corporation ( ONGC) to gain Rs1,300 crore as rupee falls to 30-month low.

DoT expects 2G spectrum allocation in 2-3 months.

DTH to Sun Direct: Maran's role under CBI scanner.

Sterling Holidays to open 5 resorts soon, plans to go overseas.

Everest Industries sees 25% revenue growth from PEB vertical.

RBI may again raise policy rates by 25 bps: bankers.

IDBI Bank plans to raise $200 million from Swiss market.

NSE, BSE to trade in gold ETFs till 8 pm on Dhanteras.

NSE to launch SME Exchange shortly.

Daily News Roundup - Oct 24 2011


The five-member selection committee set up to find a successor to Tata Group chairman Ratan Tata is discussing the creation of a new post of group CEO at Tata Sons. (BS)

Jaguar has recalled nearly 18,000 X-type models in the UK and several thousand abroad because of a potential cruise control problem. (BL)

JSW Steel, currently running at a capacity of 50-60%, is in talks with its long-term customers to raise steel prices in the range of 3-4%. (BS)

Dhanteras…Customary purchases only


Pure gold does not fear furnace - Chinese Proverb.

It’s that time of the year to make those customary purchases of precious metals. While we are into the Diwali week, parts of India are witnessing power outages as generation companies run out of fuel. This has only added to the somewhat bleak scenario confronting the Indian economy. Thankfully, the start is bright on a day that is celebrated as Dhanteras. Asian markets are up amid optimism over a plan to tame the eurozone debt crisis. Encouraging trade data has lifted Japanese shares but Chinese stocks are subdued.


Petronet LNG Limited


Petronet LNG Limited

Titan Industries


Titan Industries

Precious metals end their losing streak and rise on Friday


Prices witness modest weekly losses

Precious metals ended their four-day losing streak and closed modestly higher on Friday, 21 October 2011 at Comex. Traders retuned back to bullions on thoughts that recent selling in bullions was overdone. The weak dollar added further shine. Investors cautiously welcomed a statement from France and Germany promising to provide firm details of a debt-rescue plan for the euro zone in the next few days.


Strong day for base metals


Copper remains the biggest gainers in the broader metals complex on Friday

Red metal prices at Comex ended substantially higher on Friday, 21 October 2011. Copper was among the biggest gainers in the broader metals complex on Friday but registered substantial weekly losses. Traders retuned back to commodities on Friday on thoughts that recent selling in commodities was overdone. The weak dollar helped prices go up. Investors cautiously welcomed a statement from France and Germany promising to provide firm details of a debt-rescue plan for the euro zone in the next few days.

Crude moves up


Prices register nominal weekly losses

Crude prices ended modestly higher on Tuesday, 21 October at Nymex. Traders retuned back to commodities on Friday on thoughts that recent selling in commodities was overdone. The weak dollar helped prices go up. Investors cautiously welcomed a statement from France and Germany promising to provide firm details of a debt-rescue plan for the euro zone in the next few days.

Light and sweet crude for November delivery rose $1.33 (1.6%) to $87.4 a barrel on the New York Mercantile Exchange on Friday. For the week, crude gained 0.7%. For the month of September, oil futures lost 11%, and for the quarter, crude incurred losses of 17%. It was the worst quarterly performance for crude in almost two years.