Newsletter dated 8th May,2007
The Dow closed at a record on Monday for the fifth day in a row. The Dow Jones industrial average <.DJI> gained 48.35 points, or 0.36 percent, to end at a record of 13,312.97. Earlier, the Dow also hit an all-time intraday high of 13,317.69. The Standard & Poor's 500 Index <.SPX> advanced 3.86 points, or 0.26 percent, to finish at 1,509.48, off a fresh 52-week high at 1,511.00. But the Nasdaq Composite Index <.IXIC> dipped 1.20 points, or 0.05 percent, to close at 2,570.95. Earlier, the Nasdaq also reached a new 52-week high at 2,580.06.
The Nikkei share average was nearly flat on Tuesday as investors took profits in recent gainers.The Nikkei lacks news to trade on to go further up after yesterday's unexpectedly large gain.The market wants to correct itself on gradually improving earnings outlooks, but it's not enough. The Nikkei <.N225> finished the morning down 0.12 percent or 21.83 points at 17,648.00, while the broad TOPIX index <.TOPX> added 0.05 percent to 1,733.85. The blue-chip Hang Seng Index <.HSI> was down 0.6 percent, tracking mostly soft Asian markets.
Sensex might open 30-50 points down.Sensex would remain in narrow range today.Volumes are expected to be lower.Large caps might show side ways consolidation whereas Mid-caps may show activity.
Since the market is looking undecisive today I would not like to give any pre-market calls today....
Still I have eye on the following stocks.....
Bank of Rajasthan
Rolta
Uti Bank
Indiabulls Financial Services
ABB
Hero Honda
Hindalco
R-com
Tata Motors
Nagarjuna Cons
ANURAG DUJARI
Mobile - 09831909904, 09883059291, 09330911514, 09433988791
Messenger ID - anurag130
E-Mail - anurag130@yahoo.com
Disclaimer and Terms of Use: Stock market is subject to risk. High risk high gain is the key to stock market. We are not responsible for any loss or profit associated with stocks mentioned on this site/ by us. Under no circumstances will we be held liable for losses incurred due to information presented anywhere on the site or given through yahoo messenger or SMS. Please do your own research before establishing an equity/ derivatives position in a company. Not all stocks recommended by us are suitable for your investment needs. Carefully evaluate your own risk appetite. Subscription Prices subject to revise whenever required. Subscription Fees once paid cannot be refunded under any circumstances. Any error in this document cannot be claimed by anyone. Technical faults during online calls or SMS cannot be claimed by any of the clients and it’s beyond the limit of the service provider. Due to technical faults, the service might interrupt for short duration and no claim or refund will be entertained. Delay in SMS delivery is not within our limits and its totally mobile operator dependant. The articles on this site are not written by a registered investment advisor. The author may or may not be holding a position in companies that are being analyzed. More likely than not, the author will have an interest in the stock mentioned.The price offer and services are complimentary and subject to revise when and where required. No refund/ No Claims can be entertained once subscription is availed for that period.
The Nikkei share average was nearly flat on Tuesday as investors took profits in recent gainers.The Nikkei lacks news to trade on to go further up after yesterday's unexpectedly large gain.The market wants to correct itself on gradually improving earnings outlooks, but it's not enough. The Nikkei <.N225> finished the morning down 0.12 percent or 21.83 points at 17,648.00, while the broad TOPIX index <.TOPX> added 0.05 percent to 1,733.85. The blue-chip Hang Seng Index <.HSI> was down 0.6 percent, tracking mostly soft Asian markets.
Sensex might open 30-50 points down.Sensex would remain in narrow range today.Volumes are expected to be lower.Large caps might show side ways consolidation whereas Mid-caps may show activity.
Since the market is looking undecisive today I would not like to give any pre-market calls today....
Still I have eye on the following stocks.....
Bank of Rajasthan
Rolta
Uti Bank
Indiabulls Financial Services
ABB
Hero Honda
Hindalco
R-com
Tata Motors
Nagarjuna Cons
ANURAG DUJARI
Mobile - 09831909904, 09883059291, 09330911514, 09433988791
Messenger ID - anurag130
E-Mail - anurag130@yahoo.com
Disclaimer and Terms of Use: Stock market is subject to risk. High risk high gain is the key to stock market. We are not responsible for any loss or profit associated with stocks mentioned on this site/ by us. Under no circumstances will we be held liable for losses incurred due to information presented anywhere on the site or given through yahoo messenger or SMS. Please do your own research before establishing an equity/ derivatives position in a company. Not all stocks recommended by us are suitable for your investment needs. Carefully evaluate your own risk appetite. Subscription Prices subject to revise whenever required. Subscription Fees once paid cannot be refunded under any circumstances. Any error in this document cannot be claimed by anyone. Technical faults during online calls or SMS cannot be claimed by any of the clients and it’s beyond the limit of the service provider. Due to technical faults, the service might interrupt for short duration and no claim or refund will be entertained. Delay in SMS delivery is not within our limits and its totally mobile operator dependant. The articles on this site are not written by a registered investment advisor. The author may or may not be holding a position in companies that are being analyzed. More likely than not, the author will have an interest in the stock mentioned.The price offer and services are complimentary and subject to revise when and where required. No refund/ No Claims can be entertained once subscription is availed for that period.
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