The Sensex and Nifty ended with the moderate gains this week.the Sensex was up 0.7% and Nifty also up with 0.7%.
Stocks to watch Tomorrow,
Punj Lloyd Ltd,
CMP:99.70,
Action:Buy,
Target:110.
Shree Renuka sugars Ltd,
CMP:85.80
Target:Buy,Hold.
Greaves Cotton Ltd,
Cmp:91.40
Target:100.
Chambal Fertilizers & Chemicals Ltd,
Cmp:76.90
Action:Sell.

ExpertsView On Market!!!

 Sathish Ramanathan,Head Equities,Sundaram Paribas says,Definitely the midcap IT space does look interesting. If you look at many of these companies have 25% to 30% of cash as a percentage of market cap. They are trading at sub-10 PE, they have high return on equities of 20% plus and they look interesting. Some of the midcap pharma names look interesting considering that they have secular growth stories, again have return on equities of 20% with PEs less than 10. So these 2 segments clearly stand out in terms of valuations vis-à-vis cash flows. These 2 segments are what excite us a little.Source:ET NOW

Shasun Chemicals and Drugs Ltd

Smallcap firm Shasun Chemicals and Drugs gained Rs 3.45 or 5.20% to end at Rs 69.75 on the BSE. It touched an intraday high of Rs 72.20 and an intraday low of Rs 67. There were pending buy orders of 1,993 shares, with no sellers available. The total traded volumes were of 342,183 shares.After keeping it in the pipeline for a very long time the US Food and Drug Administration (FDA) has given fast track approval for Telaprevir—a drug expected to be used for Hepatitis C. Source: CNBC-TV18.

GreavesCotton Q2 PAT Up by 36% yoy

Greave Cotton Ltd Q2 results for FY11 exceeds expectation.
CMP:91.40
Action:Buy,

ITC LTD,Q3 Results,Net Profit Up 21%

ITC Ltd,
CMP:169.80
Action:Buy
Target:175

TVS Motor Company Ltd

During Q3 FY11, TVS Motors reported net sales of Rs16.5bn v/s Rs10.9bn in Q3 FY10. The growth was driven by 41% yoy jump in volumes to 524,102 vehicles. Realizations increased by 7.2% on yoy basis while sequentially the rise in realization was 2%. This was mainly on account of change in product mix towards three wheelers. 

CMP:62.55,

Target:67

Buying in banking and It sectors helped the markets to recover.Sensex closed at 19046 with 68.22 points while Nifty closed at 5711.60 with 20.55.
Stocks to Watch,
Arvind Ltd,
Cmp:
Action:Buy
Target:65
Petronet Lng Ltd,
Cmp:129.25
Action:Buy
Target:150.
Shree Ashta Vinayak Cine Vision Ltd,
CMP:6.49,
Action:Buy
Target:35.
Farmax India Ltd,
CMP:9.93,
Action:Buy
Target:35


.

UBS Securities on Indian Markets: The Markets may probably be nervous till around Budget. Too much importance is attached to the budget as a signaling mechanism. I don’t think the budget is that important but the market still believes so. Investors are nervous and the nervousness will continue until late February. Post the budget, hopefully, people have lesser things to worry about.2011 is going to be a year of buying opportunity, especially, the first half. At 19000 or 18000 index, you want to be more focused on stocks and sectors as opposed to just buying the market as such.I am not surprised at the fall. Though we didn’t model a big correction, we have had a decent one. I am still optimistic and don’t think anything is wrong with the Indian economic growth story or the corporate earnings story.

Ashwani Gujral,Chief market strategist,Ashwanigujral.com.Commodities is really a play if the global economy goes down, more cash gets pumped in, they go up if it improves, demand probably goes up and again metal stocks could look strong. So this is one space in case the market hits some support, we would look to get into Hindalco around 225.Hindalco is a more trending stock, so my preference would be Hindalco but overall metals do look strong. Source:ET

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