Financial Daily from THE HINDU group of publications Monday, May 10, 2004 |
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Markets
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Stock Markets Two-thirty factor on Thursday the thirteenth
A weekly chat on markets with Khan, Dakshinamoorthy, Sridevi and Jogin, even as a billion people are eager to know who their new netas would be. Markets are equally excited.
Jog: Hello... anybody there in cyberspace? Dax: Here I come, choppy, choppy. :-) Kay: That's how bourses will be this week. Sri: Jerky ride, but tomorrow's exit poll will hit Tue trade. Dax: Thursday action. Mark your diary. Turning point at 2-30 p.m. Jog: PM? I know who's going to be the next PM! ;-) Kay: Canara, PNB, ING will be announcing results. Banks are on a roll. Sri: After the new law, their NPA worry has reduced. I'm sure their prices will go up. Dax: I'm watching Bank of Baroda. As much as FIIs do, after RBI's relaxed norms. Jog: Why is nobody worried about Nifty futures quoting at a discount? Kay: Temporary, yaar. Money is in paper. Dax: Or in coins and credit card? Kay: Serious. Keep track of TNPL and Rama Newsprint. Intl newsprint prices are up. Sri: Elections, anxious readers, circulation, academic year, stationery and books! Dax: Kya logic, wah! Who's keeping a list of
FII holdings? Anything special? Jog: In auto beat, M&M has the promise of a happening scrip. Kay: In telecom, they're looking at Tate Teleservices after hitting to ceiling in Bharti. Dax: Did you read about IOB's Singapore property company? Promoted in 1983. Jog: That's getting merged now. How about the taste of medicine? Sweet, isn't it. Sri: Because our pharma companies are going out shopping? How I wish they taught us some biotechnology in CA! Kay: We're using EVMs everywhere but IT is still not in favour. Sri: IT? Pay it! CUL8R. See you later. * * *
Lee, with inputs from Vir and Nat
Send in your views to: Chat@TheHindu.co.in.
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