Domestic bourses started the week on a robust note on the development in europe put a soothing impact on the markets and helped them to move higher for second consecutive day. During the weekend, Germany’s Angela Merkel along with French President Nicolas Sarkozy tried to calm the global community. At a joint press conference in Berlin, Sarkozy set a deadline of November 3 for Group of 20 summit to deliver a response that addresses the immediate debt crisis in Greece, and what he called the structural defects in the 17-nation euro area. BSE Sensex closed at 16,557.23, by gaining 324.69 points from the previous close, while the NSE’s broad-based Nifty advanced by 91.55 points and closed at 4,979.60.
xxxxxxxxx chemicals ltd: Last week recommended counter which is into chemical industry and with huge land banking today it closed at 10% upper circuit. The scrip will provide 200% returns with in next 6 to 8 months, the research report will be soon placed on the blog.
Banas Finance Ltd : The counter with in 2 months time frame, provided 140% returns to our paid members. In the last week of July month, we asked our clients to consider the counter in their portfolios and then the counter is hitting continous upper circuits, the counter is recommended at Rs.152 and the counter after split of shares from Rs.10 to Rs.1, started hitting upper circuits continously and today also hitted upper circuit and closed at Rs. 36.80.
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