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Tuesday, October 21, 2008

Sokhi Market Buzz for 21st October !





ICICI bank may go for buy back of shares to gain confidence in the general public and strengthen the institution.

As per market rumours a large brokerage is accumulating cholamandalam DBS Finance ltd. keep an eye on the stock

PT Punj Lloyd Indonesia, wholly owned subsidiary of the Company in Indonesia has been awarded an Engineering, Procurement and Construction Services Contract of New Fuel Terminal at Pulau Laut, Kalimantan, Indonesia by PT Shell Indonesia, Indonesia for a value of USD 22.48 Million approximately.

If Rumours were to be correct RPL may be under selling pressure as Cheveron may Start selling its stake.

After CRR and Repo rate cuts the next thing which may come this week is the fuel cuts , which may help in reduction of inflation.

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DISCLAIMER

All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.