Readers Hi, Thanks to the Friday's heroics, last week BSE Sensex gained 159 points or 1.1% to 14,564 and Nifty edged up 31 points or 0.71% to 4,360 otherwise the market would have been down by around 2.5%
Crude Oil has touched $117 now. FII have sold worth 1176 Cr and Domestic MF has also sold around 759 Cr during the last week. Inflation at 12.40% was lower than 12.63% for the previous week. Central Statistical Organisation (CSO) said Gross Domestic Product (GDP) in the fiscal first quarter grew by 7.9% as against 8.8% in the fourth quarter of the last fiscal year. Nuclear Suppliers Group (NSG) meeting begins on 4th September would give some direction to the market. Next week's inflation numbers would be interesting and would give the real direction of the inflation numbers. Every week there is a good amount of FII outflows. There are rumours that in the next 10 days, 2 FII would completely exit the Indian Stock Market. This news could crash the market by 2-3% in just one day. No major positive triggers would make the Market Choppy. 1) Shares – Target Achieved Type Company Name Date Added Target Achieved No of days Reco Price Target Price Peak Price % Gain Annualized % Gain ST Sejal Architectural Glass 17-Jul-08 26-Aug-08 40 50.55 58 60.90 20.47 187.30 For more details visit www.vjondalalstreet.com/marketma.php 2) IPO – Listing Strategy Resurgere Mines & Minerals India Limited - Listing on 1st September www.vjondalalstreet.com/ipogmp.php 3) IPO – Allotment Status Resurgere Mines & Minerals India Limited Austral Coke & Projects Limited Nu Tek India Limited www.vjondalalstreet.com/ipoallot.php Happy Trading! http://www.vjondalalstreet.com Bus Naam hi kaafi hain… To subscribe [EMAIL PROTECTED] You can also join the group with your mobile phone and get updates through sms. To subscribe SMS JOIN VJonDalalStreet to 567673434 Disclaimer All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein. -- Posted By Ronald Chisley to Investor Forums at 8/31/2008 08:30:00 PM --~--~---------~--~----~------------~-------~--~----~ Logon at – http://investorline.co.in/blogs/news Learning Center- http://investorline.co.in/blogs/learning Mutual funds - http://investorline.co.in/blogs/mutualfunds Life Insurance - http://investorline.co.in/blogs/lifeinsurance Investor Journal - http://investorline.co.in/blogs/investor Latest News - http://investorline.co.in/blogger/?q=aggregator/categories/ Create your own Forum & Blog at - http://investorline.co.in/blogger To post to this group, send email to [email protected] Visit this group at-http://groups.google.com/group/investor-forums?hl=en -~----------~----~----~----~------~----~------~--~---
