Markets closed in a weak note

Thebullishtrends: As we said in the early morning trade BSE Sensex closed at 18,118 points with a loss of 243.05 points. Heavy selling pressure came across the markets. Sectoral stocks like realty,metal, oil and gas, power stocs were affected due to the selling pressure in the markets. But markets recovered in the ending session IT,Auto,Capital Goods stocks were recovered the sensex from lower levels. As compared to earlier trading sessions one can say that today is a better day fro Small and Mid cap stocks. Mid-cap index lost 34 points by a small loss of 0.43%. F&O segment lost (Sensex Mini Fut) loss 57.78% today. Turnover in BSE and NSE extreamly low today.

European markets which were opened after the Indian markets are trading in lower levels. All Asian markets other than Singapore, Malaysia and Srilanka closed with losses. 1844 shares declined aginst 881 stocks advanced and 34 stocks unchanged in BSE today.

Thebullishtrends recommended Infra stcok GMR Infra(Rec:207) closed today at Rs.187. GMR Infra is planning to make bid for Prague airport in the middle of this year. The Shamshabad Airport will start its function in the next month. Market sources are expecting some positive news about the GMR Energy in the coming days. Buying adivsed at the current levels.

Thebullishtrends recommended IDFC(Rec:201) share price closed today at Rs.209. IDFC posted 72% in net profit for the Q3. Surely the share price will touch Rs.250 from the current levels before March'08. Please hold.

Thebullishtrends recommended Delton Cables(Rec:194) share price closed today at Rs.144. Due to weak trend in Mid and Small Caps Delton Cables share price were affected. Having small floating stock and huge land bank buying advised at current levels for a better average price. The scrip once again will move once the market trend stabilises. Buy it.

Thebullisthrends recommended Bartronics (Rec: Rs.264) share price closed today at Rs.238. Bartronics posted decent Q 3 results. We strongly advised buying for this counter it will surely will touch Rs.300 levels before April'08. Buy