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By : Rahul Pawar, Head/VP/GM-Marketing, Unicon Investment Solution
Functional Area : India
Keywords :

equity market

Activity:  2 comments  429 views  last activity : 07 06 2010 20:18:04 +0000
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Buy Indiabulls Fin @95.25 with a stop loss below 93.50.

Good for Delivery

KEC International

KEC International Ltd (KC) has bagged two orders worth Rs2.91bn from Power Grid Corporation of India Limited. The first

order is for the Supply & Construction of 765 kV S/C Satna- Bina Line (Ckt-II), 400 kV D/C Bina (PG)- Bina (MPPTCL) Line

associated with ATS for Sesan Ultra Mega Power Project.

The second order is for the Supply & Construction of 400 kV D/C Balipara - Biswanath Chariyali Line, LILO of both circuits of

400kv D/C Ranganadi - Balipara Line at Biswanath Chariyali and LILO of 132 kV S/C Depota - Gohpur Line at Biswanath

Chariyali (AEGCL) Associated With North East - Northern / Western Interconnector-I. The line is to be constructed in the state

of Assam. The total length of lines is 108 Kms. and the project is scheduled to be completed by November 2011.

“Accumulate”.

Areva T&D secured the first private sector ultra high voltage power transformers order for Anpara `C` power plant from Lanco

Infratech.

The order valued at more than GBP 33 million, includes supply of 765 KV generator transformers, shunt reactors and 765 KV

to 400 KV interconnecting transformers for the switchyard associated with the 1200 MW (2*600 MW) Anpara-C thermal power

plant.

 

“Accumulate”.

Nifty:  The nifty looked up further as expected. In the congestion zone. Specific stocks might do well. (2807.15)
 
CNX100:  The index gained ground as expected. Faces resistance here on. Specific stocks will do well. (2630.30)
 
Nifty Junior:  The index gained ground further as expected. Might correct from the resistance zone. specific stocks will do well. these stocks be eyed on. (4000.45)
 
CNXIT:  The index looked up again as expected. Likely to rise further. Stay on the + side. (2239.20)
 
Bank index:  The index gained ground as expected. Might correct form here somewhat. Stay on the + side however. (3763.50)
 
Zee Tele:  The stock lost marginal ground again. Wait suggested for the moment however. (95.90)

Wipro:  The stock looked up strongly again as expected. Use decline to add to the + position. (232.60)
 
Tata Steel:  The stock lost marginal ground. + position be held on to/added. (172/-)
 
Tata Motors:  The stock looked up strongly on better volume. Can extend gains further. Wait suggested however for the moment. (171.70)
 
TCS:  The stock gained strong ground further as expected. + position be held on to/added. (514.95)
 
SAIL:  The stock looked up again as expected. + position be held on to/added. (85.80)
 
SBI:  The stock looked up marginally as expected. Use decline to add to the + position. (968.70)

 

Areva T&D

Dividend & Other Information

Castrol India Ltd

has informed the Exchange that the Annual General Meeting of the Company will be held on April 27, 2009.

Fag Bearings India Limited

has informed the Exchange that the Annual General Meeting of the Company will be held on April 24,

2009.

 

 
2 comments on "Market Updates 20th March"
  Commented by  Mitesh Gupta, Sales/BD Manager, Reliance Retail    | 03 20 2009 08:14:45 +0000
yeah agree with sheetal, its really a great post and even i will be following your updates on a regular basis.  Thank you very much.
  Commented by  Sheetal Jadhav, Sales/BD Manager, Future Group    | 03 20 2009 05:30:13 +0000
Rahul...great post !!!I will be following your post on a daily basis. 
What would you say about RIL as there was a commencement of gas production. Whether it is a better bet ?
Add your comment on "Market Updates 20th March"

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