Wednesday, August 15, 2007

Brokers Outlook

Brokers Outlook: Market will continue global trend
Research of Cub Share Broking Services Ltd, said that today the market saw stock specific movements only and closed down 16 points. There was no major activity in the market . However, fertilizer sector performed well. we expecting market to take cues from the global markets on Thursday`s trading session, For the next 10 days, international markets would be guiding Indian market movement. We are bullish on Nagarjuna Fertilizer for the next trading session. The market remained flat, as no major buying was seen. There was no great volume in the market today, except for the power sector companies like : Reliance Energy, Tata Power and NTPC. The market looks good and there is nothing to panic about. We expect some stock specific movement to happen on Thursday`s trading session and recommends OrchidChem,nitinfire,saksoft,eracon,prajind,reliance,dcm,gkw,idbi,idfc,rajeshexport,Dcb,Indusind Bank,Ranbaxy,Bank of
india,Escorts,DCMSRMconts,Bindalagro,Jagran,Ginnifila etc for trading.

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