Corporate Snippets

± Tata Motors global sales increase by 59% in February to 89,768 units (ET)

± Special auditors appointed by DoT to scrutinize accounts of Bharti Airtel have given a clean chit to the company on most parameters outlined by the Government. .(BL)

± ICICI Bank aims to grow its Balance Sheet by 15% in FY11. (FE)

± L&T has bagged a project worth Rs20.4bn from ONGC Mangalore Petrochemicals. (ET)

± BHEL wins Rs33.5bn turnkey contract to set up 365MW acptive power plant at the upcoming Paradip Refinery. (BS)

± HCC to acquire Swiss company, Karl Steiner, for Rs1.5bn. (ET)

± TCS signed a 5-year deal with Malaysia Airlines for an undisclosed amount. (ET)

± Tata Steel may increase prices of its products in the coming months. (BS)

± SAIL eyes Rs430bn sales in FY11. (BS)

± ONGC to fund overseas acquisitions over next decade with US$20bn borrowings. (BS)

± RIL and MRPL have committed to buy up to 45% of crude oil from ONGC Videsh and its partners plan to produce from a Venezuelan oil field. (ET)y!"

Pre Market Commentary ...

Just like today’s festival, the market is neither too good nor too bad; spring cleaning is the order of the day as investors weight their options. Thankfully, we may see more green on the trading screens today though the overall pattern will remain largely subdued yet choppy. We expect a slightly higher opening. The overnight recovery in the US and positive trend across Asia will add to the festivities.

No big movements are on the cards, at least till we get the first few Q4 numbers from India Inc. Advance tax numbers are pretty mixed and loosely indicate that auto and FMCG companies have done well while banks are laggards.

Struggle and progress go hand in hand. Monthly inflation is within striking distance of touching double digits and is affecting other segments of the economy besides food. But India’s fundamentals are in much better shape vis-à-vis last year. Monsoon of course will be a joker in the pack and RBI’s annual policy meet next month could be crucial.

सेन्सेक्स (17164.99) - 01.63 अंक गिरकर, नीफ़्टी (5128.90) 08.10 अंक गिरकर, बंद.

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European markets update: FTSE, CAC and DAX are trading flat in opening trades

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Other stocks to watch out: Renuka Sugars, Educomp and Adlabs.

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Yes Bank #s...

Yes Bank pays Q4 advance tax of Rs280cr vs Rs280cr- reports
Yes Bank pays Q4 advance tax of Rs73cr vs Rs49cr - reports

Kiri Dyes & Chemicals Ltd. will announce a Strategic Corporate initiative in Mumbai today - (acquisition of Dystar) and future expansion plans.

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FIIs were net buyers in the cash segment on Friday at Rs3.72bn on a provisional basis. Local funds were net sellers of Rs908.1mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers of Rs4.24bn. On Thursday, FIIs were net buyers of Rs4.47bn in the cash segment, as per SEBI figures. Mutual funds were net sellers at Rs2.44bn on the same day.

Shares of Aban Offshore

Shares of Aban Offshore have declined sharply after the Norway Company Petrojack filed for bankruptcy. Aban Offshore has 20% stake in the company which is valued at ~Rs400mn - reports

Buy and Hold Tata Steel between Rs615-616 with Sl of Rs608 for target of Rs630, 635

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Derivative strategies (Time period: Till expiry)

Long Mundra Port & SEZ March Future @ Rs704

for the target price of Rs730 and stop loss placed at Rs690

Lot size: 300

Remarks: Net maximum profit of Rs7,500

and net maximum loss Rs4,500.

***

Long IDFC March Future @ Rs163

for the target price of Rs178 and stop loss placed at 157

Lot size: 2,950.

Remarks: Net maximum profit of Rs29,500
and net maximum loss Rs14,750.

Economy Update: IIP – January 2010

± IIP growth for Jan 2010 at 16.7% v/s 17.6% in Dec 2009

± Growth continued across all use based categories

± IIP growth for December revised upwards by 80bps

Corporate Snippets

± ONGC is likely to invest up to US$20bn on its core upstream business over the next 10 years, to acquire oil and gas assets abroad. (BL)

± JFE may pick up 14% stake in JSW Steel. (TOI)

± Infosys could potentially face a tax liability of Rs1bn for alleged violations of SEZ rules at its Chandigarh SEZ. (FE)

± The government is considering up to 10% equity dilution in Nalco. (TOI)

± NMDC FPO issue subscribed 1.25x. (TOI)

± JFE Holdings is unlikely to buy stake in JSW Steel as has been stated earlier by both the companies, but rather in a SPV under which their Bengal project is coming up. (DNA)

± Tata Power plans to increase its wind and solar energy generation capacity to 2,000mw and 250mw. (ET)

± Godrej Consumer has entered into an agreement to acquire Nigerian beauty brand Turafor ~Rs4-5bn. (BS)

± TCS plans to finalise its wage and recruitment plans by April. (BS)

± Reliance Industries, IMG Worldwide enteres into an equal joint venture to build a professional sports business in India. (BS)

± DQ Entertainment fixes IPO price at Rs 80. (BS)

± Ranbaxy eyes 80% rise in income by end of 2012. (BS)

Pre Market Commentary ..

Exhaustion seems to have got the better of the bulls and neither effort nor reward seems to be on the anvil. Stock indices continue to languish after a brief spurt post the Budget. The scenario is no different in global markets, though the US and Europe have held up well in the face of a few significant headwinds.

Emerging markets like India and China have actually under-performed in the past few sessions. It remains to be seen when this trend changes. For now though, it looks like the market will remain in a state of flux for a while before there is any meaningful movement.

At the cost of being repetitive, we expect yet another dull opening and perhaps another trigger-hunting day. Advance tax numbers might lead to some shift in the undertone, though it will not make a big difference. Monthly inflation numbers will be another factor to watch out for. Fed policymakers will meet on Tuesday for a monthly review. All eyes and ears will be glued for the latest cues from the US central bankers.

सेन्सेक्स (17166.62) - 01.34 अंक गिरकर, नीफ़्टी (5137.00) 03.60 अंक गिरकर, बंद.

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European markets update: DAX Index up 0.2%, FTSE and CAC Index trading flat

BOOK PROFIT in all below stock ... CASH ON HAND..

TATA Steel

TATA Chemical

STERLITE

CENTURY

JINDAL STEEL

CASH ON HAND..

Corporate Snippets

± Bharti Airtel made its debut into media and entertainment services with the launch of the Airtel Digital Media Business. (BL)

± Fortis Healthcare Ltd acquired 23.9% strategic stake in Singapore-based healthcare service provider, Parkway Holdings Ltd for about US$685.3mn. (BL)

± Bank of India has increased interest rates on big-ticket (wholesale and bulk) deposits by 75-150 basis points across various maturities

± Maruti Suzuki would export at least 35,000 units of the A-Star compact car to Nissan in Europe in FY11. (BL)

± Ashok Leyland plans to import radial CV tyres and has sought a licence from the Government. (BL)

± Hero Honda would finalise the location to set up its fourth manufacturing facility by September 2010. (BL)

± TVS plans engine making unit in Karnataka. (BS)

± CESC intends on adding 5,000 MW of thermal generation capacity over the next few years, with investments in the range of Rs 200bn, by establishing five new facilities. (BS)

± Bosch is expected to declare a lockout at its flagship plant in Bangalore on March 15. (BL)

± Mahindra Satyam has won a US$48mn contract from KMD, an IT major from Denmark that specialises in the public sector projects. (BL)

± ICSA India has received work orders worth Rs1.3bn from Powergrid Corporation of India, taking the total order book size to Rs21.3bn. (BL)

Pre Market Commentary ..

There is no great feeling in the market as we stare at another soft opening. The global markets appear inconclusive. US stock benchmarks posted moderate gains while Europe was subdued. Asian markets are trading mixed. Looks like investors are on a ‘wait-n-watch’ mode and appear to be reluctant in taking major bets immediately. The Nifty is expected to remain stuck in the 5100-5150 range and the next hurdle is near the 5200. Fresh selling could take it as low as 5030-5050.

Inflation numbers showed a spike in fuel price. A possible trigger later in the day would be the IIP numbers.

Meanwhile, India Inc’s global conquest continues unabated – yet another sign of revived confidence following the financial turbulence. The economy is in good shape, if not great. The Government is aiming for the top slot in a few years. This may sound a little ambitious but not unachievable. Much will depend on how the policy landscape unfolds besides of course the state of the world economy. Among the other major headwinds include inflation and its implication on monetary policy.

FIIs were net buyers in the cash segment on Thursday at Rs3.05bn on a provisional basis. Local funds were net sellers of Rs2.02bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers of Rs9.70bn. On Tuesday, FIIs were net buyers of Rs17.7bn in the cash segment. On Wednesday, FIIs were net buyers of Rs4.18bn in the cash segment, as per SEBI figures.

सेन्सेक्स (17167.95) 69.63 अंक चढ्कर, नीफ़्टी (5133.40) 17.15 अंक चढ्कर, बंद..

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Our call : SELL NMDC for intraday at first target 259

BOOK PROFIT at 359

OUR SMS TO PAID CLIENTS WAS ...

TRAIL SL COST TO COST
AND HOLD FOR NEXT TARGET
don't buy delivery...sell if any
and buy back at 303 and below..

European markets update: FTSE Index down 0.3%, CAC Index down 0.6% and DAX Index down 0.4%

Book profit !! position from these stocks :

STERLITE

TATA Steel

TATA Chemical

CENTURY

JINDAL STEEL

If u dont have patience ,Dont trade

Any Moment will kiss

5058 * * * 5036

As per charts
we expect 4950-4900
level very soon
BOOK PROFIT
ON HIGHER LEVELS!!

sell ... sell ... sell ...303

SEL NMDC for intraday

at and below 370

TARGET 359 AND 349

SURE SHOT

DO NOT SIT ON

DELIVERY..

SELL SELL

Tgt 303

SAVE THIS MESSAGE

Corporate Snippets

± SBI to tap retail bond market next year with a 10-year issue. (ET)

± RIL has leased an ultra deep water drill ship to boost offshore exploration. (BS)

± Tata Steel hit by Orissa Government blanket mining ban order. (BL)

± ITC arm to invest Rs11bn in Bhadrachalam paper plant. (BL)

± NMDC FPO received bids for 17% of the share on day one. (ET)

± NMDC and Nagarjuna Fertilizer are scouting for phosphate mines abroad. (BL)

± Government says no FPO offers in IOC and ONGC as of now. (BL)

± SBI prefers rights issue over FPO says Chairman OP Bhatt. (BS)

± Adani Power out of race to supply power to Gujarat Urja Vikas Nigam. (BS)

± Thermax has formed a JV with Babcock and Wilcox for making super critical boilers. (ET)

± Jayshree Tea is close to acquiring a company in agro commodity space. (ET)

± Supreme Infra wins an order for Rs4.5bn.

Pre Market Commentary ..

The Indian equity market appears set to establish its hold. For all those who wake up trying to track how the Nifty is performing on the Singapore Exchange, there will probably be another breed of investors who will now stay awake to watch the Dow and S&P500 being traded on our exchange.

Meanwhile, stocks appear to have settled into yet another consolidation phase with no substantial newsflow to trigger direction. Traded volumes have been a bit disappointing even as flows from FIIs have improved. The post Budget feel-good factor which actually co-incided with global optimism seems to have ebbed slightly. For lack of other things, fourth quarter results, RBI’s annual policy meeting and monsoon could provide fresh direction going ahead.

Today we expect flat to a slightly higher start. US indices have gained overnight. European stocks too advanced while Asian markets are mostly in the green zone. On the technical front, 5150 is proving to be a tough resistance for the NSE Nifty. On the down side, strong support is expected at 5,000.

FIIs were net buyers in the cash segment on Wednesday at Rs3.64bn on a provisional basis. Local funds were net sellers of Rs3.75bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers of Rs1.55bn. On Tuesday, FIIs were net buyers of Rs17.7bn in the cash segment.

सेन्सेक्स (17093.33) 45.79 अंक चढ्कर, नीफ़्टी (5116.25)14.75 अंक चढ्कर, बंद..

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European markets update: FTSE Index down 0.2%, CAC and DAX Index are trading flat

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save this message.........................

Buy and Hold
RIL at 1001
SL 977
Target 1014, 1024
And 1044 plus

Jain Irrigation - delivery call BANG ON TARGET AT 993

BOOK PROFIT

OUR SMS TO PAID CLIENTS WAS ...

"Buy Jain Irrigation at 811
SL 694 hold for target
877, 924 & 1044 plus
Post BUDGET,
hold for 60 days
SURE SHOT!!"

www.northpole77.com

BOOK PROFIT

BOOK PROFIT

Texmo Pipes AT 133.90

target achived our morning

new listed call.

BANG ON TARGET

BOOK PROFIT

Texmo Pipes AT 133.90

target achived our morning

new listed call.

BANG ON TARGET

INDIAINFO : Our call at 121.50 HODL for 124 plus NEXT WEEK

HOLD

New Listing today ..BSE 533164 Texmo Pipes

BUY
FOR
INTRA DAY
AT 124
130 PLUS
Texmo Pipes IPO
Listing is TODAY

Hold DIGJAM & RAMA PULP

Delivery CALL ...

Corporate Snippets

Wipro Technologies, the global IT services business of Wipro, announced that it has signed a Microsoft business productivity online suite "dedicated advisor" agreement with Microsoft Corp. (FE)

Wipro Infotech, the India and West Asian IT business of Wipro, won a turnkey project from the Financial Intelligence Unit - India (FIU-IND) of the Union Ministry of Finance to implement the FINnet project. (BS)

Hindustan Unilever has appealed against the Calcutta High Court's interim injunction, which restrained it from airing a particular commercial for its washing soap/powder, Rin. (BS)

FMCG major Marico plans to launch its beauty and wellness chain, Kaya in the Middle East by opening 4-5 clinics in the region in FY11. (ET)

The Steel Ministry said it will send the 20% share sale proposal of SAIL to the Cabinet this week. (ET)

IDBI Bank hoped to raise US$250-300mn through a medium-term note program, but would wait until market conditions were more favorable. (BS)

Indian Hotels is mulling the possibility of completely doing away with its Residency brand luxury hotels and gears up for a stronger push of its Vivanta brand. (BL)

Pre Market Commentary ...

It's been a year since the market has bid farewell it its lows. Meanwhile, the Sensex has galloped by over 100% in a year; albeit with a couple of corrections. The story ahead doesn't appear as promising as yet. For the day, we don’t expect any broad movement as the sentiment has softened a bit. Global markets are also insipid to say the least. Given this backdrop, we expect a flat to slightly positive start and another anemic session. Select stock specific action may of course continue to hog limelight.

Technically, the NSE Nifty faces resistance at 5200 while support is likely to kick in at 5000. A break beyond this range is not expected anytime soon. Much will hinge on global cues and fund flows; also don’t forget local data points like IIP and inflation, which will be announced shortly.

Meanwhile, in Parliament, it has taken 14 long years for India to pass the Women’s Reservation Bill in Rajya Sabha. Even that was not easy as the Yadav troika put up stiff resistance. What’s more, the Bill is yet to be cleared by the Lok Sabha. The UPA seems to have lost the support of the SP and RJD. Hopefully, time will be the best healer by the time the Finance Bill comes for clearance later in Parliament.!"

FIIs were net buyers in the cash segment on Tuesday at Rs21.73bn on a provisional basis, including the big block deal involving the sale of Daimler AG's 5.3% stake in Tata Motors. Local funds were net sellers of Rs1.7bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers of Rs2.82bn. On Monday, FIIs were net buyers of Rs22.59bn in the cash segment. Mutual Funds were net sellers at Rs2bn on the same day.

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सेन्सेक्स (17052.54) - 50.06 अंक गिरकर, नीफ़्टी (5101.50) - 22.50 अंक गिरकर, बंद.

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European markets update: FTSE Index flat, CAC Index up 0.2% and DAX Index up 0.1%

Market Outlook

Markets in overbought Position
& Profit booking is likely on higher level
Overall volatile session today

Pre Market Idea ..

BUY AND HOLD
OPTO CIRCUT

Pre Market Commentary ...

Like in the stock market, the favourites don’t always win the races. Record breaking sci-fi flick Avatar lost out to The Hurt Locker at the Academy Awards, which was a low-grosser. In another first, a woman won the Best Director Oscar, which coincided with the Women’s Day. In contrast, the long-pending Woman’s Reservation Bill received another setback back home as the famous Yadavs resorted to vandalism in Parliament.

Coming to the market, today we expect ‘The Weary Kind’ at start as it is expected to be subdued due to indecisive global cues. Most Asian shares are flat this morning after a mixed performance overnight on Wall Street. European stocks too finished nearly unchanged. We see the key indices being on ‘The Blind Side’ and listless today amid lack of fresh catalysts. Stock centric action will persist though with some stocks seeing ‘Up’ movement. Small-cap and Mid-cap shares might continue to remain ‘The New Tenants’ on street but do your due diligence before putting you ‘Precious’ money into this space.

Corporate Snippets

± Nissan ropes in Ashok Leyland to take on Volkwagen’s small cars. (BS)

± Exide Industries plans to raise ~Rs5.4bn through sale of 50mn equity shares priced at Rs107.9per share to QIB. (ET)

± India Cements to raise over Rs11bn via QIP route. The funds would be used for setting up captive power plants. (ET)

± SAIL plans to setup a technology joint venture with a Japanese partner to make higher value products amid surging demand. (BS)

± Axis Bank plans to spin off its private equity (PE) business as a separate entity. (BS)

FIIs were net buyers in the cash segment on Monday at Rs11.32bn on a provisional basis while the local funds were net sellers of Rs5.68bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers of Rs9.48bn.

सेन्सेक्स (17102.60) 108.11 अंक चढ्कर, नीफ़्टी (5124.00)35.30 अंक चढ्कर, बंद..

INDIAINFO : hold for 124 and 129 next 3 days

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PATELSAI: trading strong, hold for targer 94

DIGJAM : @ 13.20 Hold for next target

hold for 17 * 20

TATA STEEL : Target Achived at 624 - book profit

our sms to paid clients was..

"
Buy and Hold
TATA STEEL
target 625
and 650 plus
"

HOLD RIL target 1100

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ICICI BANK : Our positional call trading strong hold...

Hold ICICIBANK at 920

hold for target 1000,1050

Corporate Snippets

± Reliance Industries, which has tasted success in a block in the Cauvery basin, could be close to striking hydrocarbon in an adjacent block in the region. (BL)

± Zydus Cadila announces commencement of phase-II and III clinical trials of its swine flu vaccine. (ET)

± Tata Steel sold 5.54mn tons of steel during April-February, registering a growth of 22% over the same period of 2008-09. (BS)

± Adani Power has been shortlisted along with three other international bidders to build a 1,000MW coal-fired power plant in European nation Kosovo. (BS)

± NMDC to double iron ore output to 50 mn tons by 2015. (BS)

± NMDC along with two other companies has submitted a US$230mn non-binding bid to buy 70% stake in an Australian mine owned by Perth-based Atlas Iron. (BS)

± NMDC plans Rs240bn capex for next 5 years. (BL)

Pre Market Commentary ..

A bright Monday morning is in the offing as the bulls seem to be in a mood to trespass 5100 comfortably and not be prosecuted. Friday’s smart gains in the US following an encouraging jobs report and higher Asian markets will do the needful as far as opening gains are concerned. European stock benchmarks have also posted healthy gains.

Remaining comfortable above 5100 remains a challenge; but given the momentum in recent times flirting with 5200 seems on the cards shortly. On the downside, 5000 remains a good short-term support.

Overall sentiment has improved slightly post the better than expected Budget. However, in the near term, the market could face some resistance at higher levels. Valuations are not cheap and uncertainties persist on the external front.

On the macro front, things are shaping up well, but much will hinge on how the monsoon unfolds. Concerns over inflation and its fallout on the monetary policy will continue to play on investors’ minds.

Among the factors that could add to the positive sentiment today is the announcement that SEBI has decided, in principle to allow the Stock Exchanges to introduce physical settlement of equity derivatives. However, it has not set any specific timeline for launching the same. The capital market regulator also permitted the Stock Exchanges to introduce equity derivatives contracts with tenures up to 5 years, besides allowing them to introduce derivative contracts on volatility indexes with a suitable track record.

Buy DLF for target 335 plus

DLF (BUY, CMP Rs317, Target Rs335): DLF is pointing to continued strength in the weeks to come as it has broken a downward-sloping trend line since January 2010. A detailed study of the daily chart shows that the stock has corrected from the high of Rs392 in January 2010 to touch a low of Rs282 last week. On Friday, the stock staged a smart breakout past the downward sloping trendline. This bullish breakout signals the end of the intermediate downtrend. The other supportive technical oscillators are positive and the upmove may extend to the levels of Rs338 and Rs345. We recommend high risk traders to buy the stock in the range between Rs315-319 for a target of Rs335 with stop loss of Rs309.

FIIs were net buyers in the cash segment on Friday at Rs9.13bn on a provisional basis while the local funds were net sellers of Rs6.61bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers of Rs1.58bn. On Wednesday, FIIs were net buyers of Rs6.92bn in the cash segment. Mutual Funds were net sellers at Rs3.51bn on the same day.

सेन्सेक्स (16994.49) 22.79 अंक चढ्कर, नीफ़्टी (5088.70)08.45 अंक चढ्कर, बंद..

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European markets update: FTSE Index up 0.4%, CAC Index and DAX Index up 0.3% each

Hold DIGJAM at 12.80 OPEN - target 17 and 20 IN NEXT WEEK

BUY HOT CALL

Buy and Hold ~FOR NEXT WEEK ...

Buy and Hold Bhushan Steel at 1740, for Target 1815

The stock broke out from a Ascending Triangle pattern. It had been moving back and forth within the context of the Triangle from third week of January 2010. In the above formation, two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. It is considered a bullish set up. Moreover, on the daily chart, the price movements have formed a higher bottom formation. The current breakout is likely to take the stock to the levels of Rs1,815 and above. We recommend traders to buy the stock at current levels with a stop loss of Rs1,710.

Corporate Snippets

± Private Banks, HDFC Bank, ICICI Bank and Kotak Mahindra Bank raise rates on home and auto Loans. (ET)

± Government likely to set NMDC floor price for the FPO at 30-35% discount to the current stock price. (ET)

± IOC’s Paradip refinery in Orissa to commence operations by November 2012 which may dent the available income tax breaks. (ET)

± Infosys plans to have a third of its total revenues coming from new services, including cloud computing and platform-based offerings, over next few years. (ET)

± Nissan will continue to source the Pixo, a small car from Maruti Suzuki, until the contract expires in 2012. (BS)

± TTML is preparing a war chest of Rs85bn to bid in the forthcoming 3G auctions. (ET)

± NMDC is planning to raise long-term contract prices of iron ore by 40-50%, effective April 1, 2010. (BS)

± Wipro has rejigged its non-IT businesses along with leadership changes. (ET)

Pre Market Commentary ...

Today, the bulls are turning optimistic after a day’s breather and will most likely resume their shopping spree as healthy global cues remain the inspiring trigger. It's time to get realistic and not really pessimistic as the Budget-inspired rally in recent days do not make valuations too compelling. Take it stock by stock rather than get swayed by daily movement in the key indices. Small-cap and Mid-cap stocks may extend Thursday’s rally. But, weigh your risk-reward ratio well while dealing with this space. We expect a firm start, which should well hold till the end of the day. Monthly US jobs data is the key global event to watch out for today.

US stocks advanced, with the Dow Jones returning into the positive zone for the year, in the wake of encouraging reports on retail sales and initial jobless claims. The US dollar gained versus major currencies after a surprisingly weak report on pending home sales triggered worries about the pace of the economic recovery. Across the Atlantic, the picture was mixed in Europe. Japan led Asian shares higher this morning after reports that the Bank of Japan will likely consider further monetary easing.

सेन्सेक्स (16955.41) - 44.60 अंक गिरकर, नीफ़्टी (5080.25) - 07.85 अंक गिरकर, बंद.

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European markets update: FTSE Index down 0.3%, CAC Index down 0.5% and DAX Index down 0.6%

INDIAINFOLINE : 123.50 book profit

BUY BACK AT 117
AND BELOW for
target of
124 and 129

Jain Irrigation

our SMS to paid clients was

"Buy Jain Irrigation at 811

SL 694 hold for target

877, 924 & 1044 plus

Post BUDGET,

hold for 60 days

SURE SHOT!!"

www.northpole77.com

DIGJAM : FREEzzzzzzzzzzzzz upper cap at 12.55

HOLD BUY ON DIPS!!

BUY AND HOLD FOR 3 DAYS ....

IDBI

at 124
BUY AND HOLD
SAVE THIS MESSAGE!!

RELIANCEl AT 1040 hold for 1070 and 1100

RIL


1100

HOLD FOR
NEXT WEEK

ANSAL PROP : our yesterday call up 2% hold for target,

now 73.20

Ansal Properties

At 70.90 SL 66

Target 74 and 77

80 plus in 3days

Corporate Snippets

± Infosys plans salary hike across board in April 2010. (ET)

± NTPC and L&T keen to partner IOC for the LNG project. (BL)

± BHEL set to bag orders for steam turbine generators.(BL)

± Hindalco has suspended operation at its Nagpur unit due to labour problems. (BL)

± SBI plans to scale up the intake of the clerical staff to 25,000 from initial estimate of 11,000. (BS)

± SAIL and Tata Steel hike prices by up to Rs2,000/ton. (BS)

± Ashok Leyland February sales up 142% yoy to 7,869 units. (BS)