Despite of market selloff our recommended counters provided superb returns to all the paid members.

Sensex was down 310.04 points to close at 19,386 levels, Nifty was down 86.95 points or 1.64% to close at 5,824.55 Indian benchmark indices witnessed hefty selling pressures across the sectorial indices on weak global cues and below than expected quarterly numbers from the IT bellwether Infosys Technologies Ltd, on the woes of resignations from the CEO and CO of the organisation,.  Asian stock markets were mixed on Friday, as investors traded cautiously ahead of Chinese economic data due later in the day. Investor sentiments were down as the wholesale price index (WPI) for the year rose to 8.98% in March as against 8.31% in February on higher fuel and manufactured product prices. A CNBC-TV18 poll forecasted a 8.38% rise in the figure for the said month, this made the chances that Reserve bank Of India might go for another round of policy rate hikes in its policy review meeting, scheduled for May 3. Unlike the broad market sell-off many stocks held their nerves and few even closed with gains. This indicates a sense of bullishness among investors  despite of weak numbers from Infosys, other sectors held ground.

Markets gave up most of the gains made in previous session as traders’ dumped frontline IT shares after Infosys reported 17% jump in net profit y-o-y, trailing street expectations. Infosys dragged the Sensex down by 193 points and Wipro and TCS contributed to another 30 points slide.

Our Last week (Thursday recommended call) Chandni Textiles Ltd  recommended at Rs.43 today reached 55.70, hitting continous upper circuits after our recommendation, Our members are sitting with handsome profits in this counter.

Modi Rubbers Ltd: Which was recommended to buy around 56+ closed at second consecutive 10% upper circuit, gaining overall 20% in two trading sessions.

SCIL Ventures which was recommended at Rs. 96 today also  closed in green at Rs.125.The scrip was recommended to the paid members and also for the  of free members at the same time, it was updated on the blog at the same time when we recommended the counter to paid clients, The scrip provided 30% returns sp far, Below is the link for the buy recommendation on the blog. http://venkistockcalls.blogspot.com/2011/03/buy-scil-ventures-and-se-investments.html

Other recommended counters like Alok Industries, Omkar speciality Chemicals Ltd, and Last week Pick of the week closed in green despite of market fall by 300+ points.

Utilize our discount offer to join the paid services, and avail superb service from our end. We charge only Rs.4500 Per annum, where as for similar kind of services some other companies/people  are charging more than 11,000 Rs. per annum. Mail to venkistockcalls@gmail.com  for subscription.  For pure profits subscribe to our services, Soon we are going to hike our subscription charges nominally. Rush your mail to venkistockcalls@gmail.com for subscription.

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