Thebullishtrends: BSE Sensex closed today at 18,233.42 points with a gain of 584.71 points. Markets recovered in the last trading day ie., today after the four days it loosing. Fresh positions were built up today after the expiry of derivative contracts yesterday. Asian markets opened before Indain markets closed in a firm note and Asian markets opened after the Indian markets closed with gains. Inspite of the market rally today, the market breadth is negative. Turnover is also low. The market rally limited to large stocks only the down fall in small and mid caps were continued. Capital good/banking/realty stocks were not get the favour of the Investors. Stocks of Auto and IT sector were helped the sensex to move further upside. In BSE 1630 stocks declined,1120 stocks advanced and 48 stocks were unchanged. Future Capital listed today at Rs.1080 but it could not sustained in higher levels and the share price closed at Rs.908. The share price will settle Rs.900-1000 level in the coming days.
Thebullishtrends recommended GMR Infra(Rec:201) share price closed today at Rs.175. As per the latest report GMR Infra signed MOU for 300MW Upper Karnali Hydro Project. GMR Infra is keeping eye on GMR Energry shares listing/IPO. Buying advised that Investors who bought it above Rs.200 for getting better average price. The stock will perform in the next month.
Thebullishtrends recommended IDFC(Rs.205) share price closed today at Rs.205. IDFC posted strong Q 3 results. IDFC is having potential to go above Rs.250 level once the market conditions were stable.
Thebullishtrends recommended a small cap stock Delton Cables (Rec:Rs.194) share price closed today at Rs.139. The market is looking Delton Cables Q 3 results. Investors purchased at recommended price please try to accumulate some more at current levels the scrip sunk due to the bearish trend in small caps.
Thebullisthtrends recommended Bartronics (Rec:Rs.264) share price closed today at Rs.227.It posted decent Q 3 results. Buying advised at current levels. The scrip will touch Rs.300 level once again before April'08.
