After Friday’s weak US jobs data, which showed that employment in the US stagnated in August 2011, month on month most of the Asian markets started on a sluggish note, on the back of the same domestic bourses ended on a bearish note after trading below the baselines for the entire trading session. Back home, India’s service sector PMI fell to a two year low of 53.8 in August 2011 from 58.2 in July 2011 . BSE Sensex lost 108.13 points and closed at 16,713.33, CNX Nifty lost 22.80 points and closed at 5,017.20.
Our last week Pick of the week recommendation counter Sat Industries Ltd: Which was recommended at Rs. 13 in last week sunday report gained 2.32% and closed at 14.53 Rs . The scrip is continously closing in green despite of bad market conditions also, Visit previous blog posts to know about the news we have recommended about the counter to our paid members.
Dhanus Technologies Ltd: Dhanus Technologies Ltd from a low of Rs.12+ the scrip provided 45% returns to our paid members. Today also after its ex bonus locked at 4th consecutive 5% upper circuit and closed at Rs. 4.67, you can have a look at the blogs previous write ups to know more about the scrip, this it self proof the performance of our recommended counters.
xxxxx Finance : Theres no stopping for our recommended counter which is into finance sector. In the last week of July month, we asked our clients to consider the counter in their portfolios the counter is hitting continous upper circuits, the counter is recommended at Rs.152 and today the counter closed at Rs.270.50, the scrip is heading up so as to provide 100% returns to our paid members.
Axis IT & T: Axis IT & T which was mentioned in this week sunday report to have a look on the counter as The board meeting of Axis IT&T will be held on 06 September 2011 to consider and finalise the merger/amalgamation/restructuring options of the various group entities based on independent professional recommendations. and the result is the counter locked at 5% upper circuit and closed at Rs.83.80.
Ero's International Media Ltd: Which was recommended to all the blog readers stating the company has good future ahead the report is updated on the blog for the benefit of all blog readers when the price of the scrip is trading around Rs.190, and today the counter closed at Rs.224.15 by gaining 3.27% for the day. Below is the complete research report which placed on the blog for all the free blog readers benefit. http://venkistockcalls.blogspot.com/2011/07/eros-international-media-ltd-good.html
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