Being a part of the global rally, Indian equity markets too managed to protract their up move to the fresh week. Investors were on the periphery ahead of the inflation data for January, scheduled to be released on Tuesday, which is likely to offer clues on the likely direction of policy interest rates. The expectation is that headline inflation rate, based on wholesale prices, may have fallen to 6.60 percent year-on-year in January from 7.47 percent in December. BSE SENSEX closed at 17772.84 up by 24.15 points and NSE Nifty ended at 5390.2 up by 8.6 points.
xxxxx xxxxxx Solutions Ltd: Which was recommended as pick of the week counter for this week locked at upper circuit, The counter is a small IT company which has very good client base. The name and news about the counter will be revelaed soon on the blog.
Narbada Gems and Jewellery Ltd(Bse Code: 519455): Narbada Gems and Jewellery Ltd which was recommended on 31st July at Rs.3.45, today closed at Rs.6.80 by providing 97% returns so far to all the members. Below is the link for the updates about the company that we have provided when we were recommending the counter.
http://venkistockcalls.blogspot.in/2011/07/narbada-gems-and-jewellery-ltd-for.html
Rander Corporation Ltd : Which was mentioned on the blog stating its future outlook seems better, the counter was recommended on the blog when the price of the counter is Rs. 73.50 and the result is the scrip today closed at Rs. 153.50. With in 5 months time frame the counter provided more than 110% returns, This again proves invest our recommended stocks and forget to get wonderful returns in short to medieum term. Below are the links for the updates on the counter on the blog.
http://venkistockcalls.blogspot.in/2011/08/it-was-blood-both-on-dalal-street-but.html
http://venkistockcalls.blogspot.in/2011/08/rander-corporation-ltd-bse-code-31228.html
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