Friday, August 12, 2011
L&T Finance Holdings slips below issue price
The stock was trading at Rs 51.35, down 1.25%. It has touched a high of
Rs 53.85, which was the opening price and low of Rs 49.30 a share.
Buy on dips, for target of 64 and plus in 5month.
Buy on dips, for target of 64 and plus in 5month.
Intraday Sell Nifty Aug target achieved at 5080
BOOK PROFIT
OUR MORNING INTRADAY CALL
TARGET ACHIEVED sell GIVEN at 5145
now trading at 5080 BANG ON TARGET
OUR MORNING INTRADAY CALL
TARGET ACHIEVED sell GIVEN at 5145
now trading at 5080 BANG ON TARGET
L & T Finance (BSE Code: 533519)
Tree House
Education IPO 2nd Day Subscribed 0.68 (average)
Tree House
Education & Accessories IPO detailed analysis
Refer to primary
market column
New
IPO of Brooks Laboratories Ltd.
Opens
on 16th August & Closes on 18th August
Price
Band fixed at Rs. 90 to 100
For
Further information scroll to primary market
Thursday, August 11, 2011
New Listing Review
Co. Name
|
Offer
Price
|
Listing
Date
|
Listing
Price
|
Listing Day
High
|
Listing Day
Low
|
Listing Day
Close
|
|
VMS Industries
|
40.00
|
14-6-2011
|
43.95
|
49.25
|
24
|
28.50
|
|
Timbor Home
|
63.00
|
22-6-2011
|
72.00
|
94.50
|
72.00
|
91.20
|
|
Birla Pacific
|
10
|
7-7-2011
|
10.10
|
30.70
|
10.10
|
25.35
|
|
Rushil D�cor
|
72
|
7-7-2011
|
81.25
|
124.05
|
75.00
|
119.65
|
|
Ready Made Steel
|
108
|
13-7-2011
|
115
|
117.75
|
62.30
|
66.45
|
|
Bharatiya Global
|
82
|
28-7-2011
|
84.00
|
84.00
|
27.15
|
30.95
|
|
Inventure Growth
|
117
|
4-8-2011
|
119.00
|
225.00
|
91.55
|
207.95
|
Market Commentary
Notwithstanding
a fresh round of selling in the western markets, the start here is
likely to be much calmer. Other Asian markets too are showing
commendable resilience. Another positive is that both, FIIs and DIIs
were net buyers on Wednesday. The local institutions have been steadily
buying over the course of the recent correction.
However,
we would continue to urge caution as there is likely to be some
pressure at every rise. Intraday gyrations will remain elevated given
the murky global scenario. So, while you may be tempted to jump in
seeing lower stock prices, don’t get carried away.
Coming
to the offshore backdrop, the relief rally sparked by the Fed’s
assurances proved to be short-lived. World equities resumed their
south-bound journey amid wild rumours that France could be the next to
lose its ‘AAA’ debt rating.
Banks
took the hardest knock, especially the French lenders. President
Sarkozy’s move to cut short his holiday and hold an emergency meeting
also added to the nervousness.
Given the tricky situation prevailing right now, it would be wise to remain vigilant and avoid needless risky bets.
L & T Finance IPO to be listed on Friday, Aug
12, 2011
Tree House
Education IPO 1st Day Subscribed 0.44 (average)
Tree House
Education & Accessories IPO detailed analysis
Refer to primary
market column
New
IPO of Brooks Laboratories Ltd.
Opens
on 16th August & Closes on 18th August
Price
Band fixed at Rs. 90 to 100
For
Further information scroll to primary market
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