The negative closing for the overnight US markets had dampened the domestic sentiment during morning trade. The higher weekly food inflation figures also weighed on the domestic sentiment wholesale Price Index (WPI) after a gap of a month-and-a-half returned back in double digits at 10.60% for the week ended October 8, 2011 as compared to 9.32% in the previous week. How ever domestic markets smartly recovered during the final hours of trade.
BSE Sensex closed at 16,936.89, down by 148.45 points from the previous close, while the NSE’s broad-based Nifty declined by 47.25 points and close at 5,091.90.
Zenu Infotech: Zenu Infotech Ltd which was recommended in the month of July at Rs. 26.60 today also gained 3.93% and closed at 39.70, visit our previous write ups on the blog to know more about the news on the scrip.
Banas Finance Ltd : The counter with in 3 months time frame, provided wonderful 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. 42.85.
Tera Software Ltd: Which was recommended to buy and hold from Rs.47 in the Month of May and recommended to hold it for medieum term and now the members are reaping the benefits from the counter, today the counter closed at Rs.76.60, by providing, 60% returns. Members who has asked me what to do with the counter and always told to buy and hold this counter who has very good fundamentals, all the members are now enjoying the ride.
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