Wednesday, 3 October 2007


Ashwani Gujral is of the view that one should buy IFCI on dips. He has given support levels of Rs 85-88 and target of Rs 120.

IFCI closed today at Rs 96.35, down by almost 4%.

Suzlon Energy

Suzlon Energy has bagged a 150MW order from DLF. The stock was up 3% today on account of this news and closed at Rs 1548.

Reliance Power IPO

Reliance Power IPO

Reliance Energy has finally filed the DRHP (Draft Red herring Prospectus) for Reliance Power’s IPO with SEBI.

Ashwani Gujral on DLF

Ashwani Gujral holds the view that DLF might hit the 4-figure mark soon. This has been the strongest stock in its category. With interest rates softening reality sector can lead the rally!!

Markets Today

Today has been quite a dramatic day for the markets. Markets opened on highly positive note and almost touched 18K levels and then suddenly nose dived, going below 17200 levels. It then peaked again and finally closed at 17873.41. Sensex is surely heading towards 18K but with huge amounts of volatility. Next few days are certainly going to be very interesting!!!


Mastek touched day high of 325 today, up Rs 31 i.e. 10% from its yesterday's closing price.

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.