STOCK BUZZ

Buy IFCI Ltd 66,69,70. Stop loss 58

From last 2 days our executives were busy with our High profile clients. Due to extreme demand we were not able to post any updates for Monday and Tuesday. Sorry for Inconvenience Daily Update for India Stock Market : Nifty is at a crucial level. If Nifty 4899 ;evel is broken panic selling will start and on the upside 5034 has a crucial resistance. Free day trading tips for Indian potential winner stocks suitable for day trading: Sell Indus Ind bank 266.25,268.4,278 sl 264.

The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of Rs.3500 crore (Rs.1000 crore under the regular auction calendar and Rs.2500 crore under the Market Stabilisation Scheme (MSS)). The auction will be conducted on May 7, 2008 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March 1998 issued by Government of India and as amended from time to time. Tenders should be submitted in the prescribed form on Wednesday, May 7, 2008 by 12.30 P.M. Results will be announced on the same evening. Payments by successful bidders will be on Friday, May 9, 2008.

Market Position : Satyam Computers gave a profit of Rs 75/ Buy for Feb 13 ( ICICI Bank ) Buy ICICI bank > 1068.1,1070,1088,1109 Stop Loss 1062 And here is the rest of it.

Keep eye on Reliance Power listing today. Buy for Feb 11th 2008 Buy ONGC >1001.1,1015,01034 Stop Loss 994 Buy ICICI Bank >1076.1,1094, 1100,1123,1176 Stop Loss 1068 And here is the rest of it.

Buy for Jan 29th ( ICICI Bank & Dena Bank ) Buy Dena Bank >75.2,77,81 Stop Loss 71 Buy ICICI bank >1285.1,1305,1337 Stop Loss 1278.8

Recap Guj alkali gave a return of Rs 1.5 and Cipla gave a return of Rs 3.75 per share Today Buy for Oct 25th Buy Bank Of India>307.2, 309.9, 313, 318, 323 SL 302

On the heels of SBI and ICICI Bank, the largest lenders in the country, announcing a cut in their floating home loan rates, IDBI Bank too has reduced its flexible rates on housing loan by 0.50 per cent to 10.50 per cent. While State Bank of India had cut interest rates on home, auto and personal loans by 0.5 to 1 per cent, ICICI Bank have reduced its rates by 0.25-0.50 per cent on home, car and personal loans. In September, HDFC too cut its rates on floating home loans by 0.5 per cent. Bank of Baroda and Axis Bank too pared their rates. The reduction in home loan rates by leading banks comes at a time when overall credit growth has slowed down to no more than 24 per cent for April-September period compared to 31 per cent in the corresponding period last fiscal. It is believed that degrowth in lending is due RBI's unleashing a harder interest regime as a part of its measures to tighten the liquidity situation in the country. The housing loan rate has moved up from about 3 per cen...

Source : Moneycontrol.com Centurion Bank of Punjab is quoting at Rs 41.25, up Rs 1.65, or 4.17%. It has touched an intraday high of Rs 42.40 and an intraday low of Rs 39.70. It is trading with volumes of 829,538 shares

Buy Grasim Cement and target Rs 3558 Grasim’s core businesses – cement and VSF – are witnessing strong business upcycle. The performance of its sponge iron and chemicals businesses is also set to improve. We estimate EPS at Rs281.7 for FY08 and Rs274.7 for FY09. Our SOTP-based valuation of Rs3,558 indicates an upside of 21%. We reiterate Buy. Cement – timely capacity addition to drive growth: With inflation waning, we see signs of attenuation of state intervention in cement pricing. Demand-supply remains in the industry’s favor, and given the strong demand drivers and possible delays in new capacity additions, the upturn in the cement cycle could be prolonged. Grasim's timely capacity addition would help drive volume growth, and cost cutting would enhance competitiveness.