Indian stock market growth story continues as again FIIS have started pouring in the money in our country as no person with a sound mind can ignore India as a capital market and of course Finance Minister has done his bit by announcing sops for FIIS in the budget 2011. Do check out India top stock and make money every day as a routine as success begets success. Crossing Nifty 5655 level which is a Laxman Rekha is a ‘Balle- Balle’ situation for the market.The gone day saw second-line stocks closing on a subdued note and the market breadth was slightly negative, with 1484 decliners versus 1391 gainers on the BSE.
Budget 2011 is positive for majority of firms FMCG firms with utmost cut out duty remaining unchanged, just a trivial increase in MAT rate (from 18 percent to 18.5 percent) and an augmentation in tax exemption for individual taxpayers (raising disposable incomes). Thus one can always make money buy investing in defensive stocks and to get on to the band wagon join the delivery tips to get into the correct stock at the right time and not to forget to get the correct advise to book profit at the right time. Bajaj Finserv, which hit the 20 percent upper circuit limit yesterday, boosted by U.S.-based Berkshire Hathaway's deal with the company's unit, rose to a 52-week high of Rs.607 before paring gains and ending 3.27 percent higher at Rs.544.70. We are proud to say that we had recommended Bajaj Finserv stock to our delivery tips subscribers 5 days in advance because we had the knowledge of this deal and its impact on stock price and this is what we call right information at the right time.
Our market is rising when Investors world wide are facing a key stress test in the coming week as the West Asian political crisis, rising oil prices and expectations for higher interest rates slow the ascent of world stocks near their 30-month highs. A rise in crude price is detrimental to the interest of our country as our inport bill rise, freight cost will rise which will in turn push the food items on the higher side and thus giving akick on the upside to inflation. Thus it is a vicious cycle and thus crude remaining below $100 per barrel is very important for us as a nation to grow. The CME Group Inc. increased margins its New York Mercantile Exchange crude oil and petroleum products futures, effective after the close of trading today. The margin for Nymex crude oil will rise to $6,750 per contract from $6,075, while heating oil margins increase to $6,413 from $5,063 and gasoline to $6,750 from $5,400, the exchange said in a notice late yesterday.
A major shareholder of leading stock exchange NSE is looking for buyers to sell up to 5% stake, estimated to be worth about Rs 1,000 crore. IDBI Capital, which has been tasked by NSE shareholder to find prospective buyers over the next one week, said that it is seeking bids for "sale of equity shares not exceeding 5% of the total equity share capital of the National Stock Exchange of India Ltd." It is a phenomenal price for NSE 5% stake valuation which is being seen at close at 1000 Crores. Regional stock markets can also get their act together and can also get a good valuation and for that justa right vision is required.
Reserve Bank of India is again going to increase interest rates in the upcoming mid-quarter evaluation of the guidelines which is likely to take place on March 17 to control inflation. This analysis is based on the action taken by a number of foreign banks who purchased forward dollars at the moment expecting a rate increase in the upcoming policy conference.
Fortis acquires 28.6% stake in Lanka Hospitals for $36.3mn and thus Fortis can be added as along term bet to an individual’s portfolio. Social networking sites have a great value and probably that is the reason that Facebook has been valued at $65 billion. Thus all those entrepreneurs can mak a good social networking site and develop it to get good profit.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5450 | 5654 |
| Sensex | 18300 | 18865 |
| Stock | Profit (Rs) |
| Tip | 1850 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 33660 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 47650 |
Strong future shares at National stock exchange
Triveni, Nat Alum, Sobha, India Info, Apollo Tyre, ITC, ABB, HDFC, Maruti & Cairn.
Weak future stocks at NSE
Mphasis, Patel Eng, Aurobindo Ph, Skumar, Punjlloyd, BGR Energy, LITL, GT Offshore, Voltas & Bajaj Hind.
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