* Airlines may cut fares again. But this will not bring cheer to Air Deccan or Jet Airways. Sell at every rise.
* Sensex may consolidate above the 10,000 mark but the confidence among retail investors may not return easily. By the time it does, it may be time to book profits by the early birds. So keep your eyes, ears and mind open!
* Gems & jewellery business is lying low for the sixth consecutive month and the industry is seeking a bailout package. Contrarians can pick up the leaders at the current low levels for an upswing in a few months.
* Startling revelation by Ernst & Young: ‘Most Indian corporates do not have sound and focussed strategies for hedging in commodities and exchange futures. They are in fact short-sighted and market driven.’ What an eye opener!
* A fall in interest rates will boost bond values in treasury portfolio and give a NAV push to gilt funds and banking stocks.
* Bank of India will be a star performer among PSU stocks as the scrip is all set to cross its previous top say people who track this counter and subscribe to its automated growth story.
* Man Industries is contemplating a novel concept of buying back its FCCBs issued in May 2007. Even Aurobindo Pharma is considering buying back a portion of its outstanding FCCB.
* Auto ancillaries are facing such a rough time that a company like ZF Steering has shut its factory and office for nearly 10 days. Stay away from this sector.
* In joint venture with BSCPL Infra, C&C Construction has bagged an order of Rs.781 cr. for a dedicated freight corridor in Bihar. With a standalone order book of Rs.3000 cr., the scrip may continue its upward rally in coming weeks.
* Keep close watch on Lok Housing and Kolte Patil. Both may see a smart recovery in coming weeks. Buy for short-term gains.
* Satyam Computers has cut a sorry figure by the blatant misuse of its reserves to buy promoter's stake of Maytas. Both the stocks are hot potatoes and need to be dropped from any portfolio.
* IT companies with best corporate governance are Infosys, Wipro, Oracle, HCL and a few others. Invest only in stocks with good management and corporate governance.
* Companies aggressively issuing pink slips need to be closely watched as most of them are proactive to retain profits. Their Q3 & Q4 results are to be seen whether their pink slip strategy has been effective.
* CCL Products is being eyed by some HNI investors as it is likely to post an EPS of Rs.40 on the back of its expansion. It will also wrap up the expansion of 5000 tonnes of Freeze Concentrate Coffee.
* The shares of Rural Electrification are on the radar of investors. Some analysts feel that it is grossly underpriced compared to Power Finance Corporation.
* GSFC is recommended by a leading brokerage house in view of its expansion and diversification plans as it expects to post an EPS of above Rs.45 in the current year.
* Harrison Malayalam is being cornered by knowledgeable persons for its strong fundamentals and on expectation of its excellent results. Sources expect a share price of Rs.50 in the short run.
* The shares of Corporation Bank are being accumulated by some funds as it is likely to post an EPS of above Rs.55 and is available at a P/Bv of just 0.6 on FY09 earnings.
* One analyst strongly recommends the shares of Diamond Power infra for long-term investment with a target price of Rs.180.
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