The Hindu Business Line : Nimble jugglers that deceive the eye

Jogin was wondering what would happen if LIC were to be brought on par with private life insurers, as IRDA said. Sridevi was trying to project the credit offtake during the festive season. Dakshinamoorthy was searching for evidence of UAE interest in property deals... Till Khan SMS-ed them all, `Aao chat Karen!' Ack, fast!

Kay: Hi JSD! Technical indicators suggest bullishness.

Dax: The earlier high attained in May could be taken out.

Sri: Expiry of Sep F&O contracts on Thursday.

Jog: Plenty of volatility expected. Watch out!

Sri: Markets are not for the faint-hearted. IMO

Kay: Open interest in derivatives segment Rs 40,000 crore.

Jog: Nifty put call ratio is high. Market players cautious.

Dax: And portfolio hedging is taking place!

Kay: Nifty was given support around 3,500 levels.

Sri: The index still strong despite - ve close on Friday.

Jog: On the upside, it has the potential to move above 3,625.

Dax: Keep playing the market with a finger on exit button.

Jog: "In perplexity and doubtful dilemma."

Kay: As in Merry Wives of Windsor!

Sri: Never know when the FIIs would pull out.

Kay: When they do, they do big time, and retail investors...

Jog: Would be left not knowing what hit them!

Dax: End of year target? Some say 13,500 and some 10,500.

Kay: Mid-cap and small cap stocks have more room...

Sri: To move up when compared to the large cap stocks.

Jog: Jewellery stocks may weaken. US sops sob story!

Dax: Expect some jugglery across sectors.

Kay: "Nimble jugglers that deceive the eye."

Dax: In The Comedy of Errors!

Jog: Among scrips too, when results start flowing in.

Sri: Stock-split and ex-bonus shares enticing for long run.

Kay: Voltas, Hotel Leela, Nagarjuna Const and Exide?

Dax: Bharti and Rel Comm stretching their all-time highs.

Sri: Bombay Dyeing target of 790, and India Cements 260?

Kay: Thirumalai Chem shutting down a plant?

Dax: Godrej Consumer Products may see strength.

Sri: In the light of a move to raise soap prices!

Jog: Sun Pharma could rule firm in the homestretch.

Dax: Due to the demerger of its R&D division?

Kay: See strength in 3M. New healthcare products?

Jog: Wildcard picks include Kajaria Cermics and TIL.

Sri: Watching Magma Leasing. Shrachi merger!

Kay: Magma may leverage Shrachi's +ves in CV financing.

Jog: Not curriculum vitae, but commercial vehicles, right?

Dax: Hotel Leela can gain from golf course building?

Kay: Plus mgt contracts abroad. Hotels in select locations.

Sri: Room rates likely to rule firm. Stock resilience seen.

Kay: Allahabad Bank? Still in the sub-Rs 100 range.

Dax: Creeping up on the bourses! Sufficient value in it.

Sri: Bank counters are on the market's radar at the moment.

Jog: Not merely the SBIs and the PNBs of the world?

Dax: Indian Hume Pipes and Hind Comp. Active.

Sri: Infrastructure Dev Finance saw many bulk deals lately.

Jog: Thermax,big order from a cement company...

Dax: For lignite based power project. Take care!

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Lee with inputs from Nat, Mad, Nil, The, Lok and Bij.

Blog at http://MarketChat.blogspot.com