| hide details 8:08 AM (8 hours ago) | ||||||||
5500 is strong resistance for Nifty, If nifty able to close above 5500 mark comfortably,then Bulls may shown their action. Even with the current market trading pattern trading is not taking momentum, also FIIs are not particpating in the markets, still market sentiment is negative.
Deputy chairman of Planning commission Montek singh Ahluwalia said inflation may drop to about 7% by march.
Departementof Fertilizers meeting Saumitra chaudhuri the planning commission member on the issue of urea price decontrolling, the meeting will be on 17-18 Feb to push the decontrolling urea price model. Govt also planning to increase subsidy providing for fertilizers. Action will be seen in Fertilizers stocks like our picks are Rama Phosphate, Liberty phosphate anupside of about 8 to 15% can be seen in fertilizer stocks.
Tata Steel : The company's Q3 consolidated net profit was up 122% at Rs 1,003 crore versus Rs 473 crore, year-on-year, YoY
As every one is more interested in TCI Finance, we will provide a detailed report about TCI Finance asap, It may come out of Lower circuits at any point from now onwards. The share price is beated to unbelievable levels, I am thinking of writing to SEBI on the same, so as to improve the prospectus of TCI Finance.
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Regards
VenkiStockCalls.
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