Thursday, April 26, 2007

Bulls are dominating Indian Stock Markets

Indian Stock Markets may continue their bull run today. Positive cues from global markets and Reliance results will help in continuing the bull run of the Indian shares.
Advice: Never enter in the first 2 minutes as most of the stocks will start on high note on bull days.

Global Markets: All the global markets are on positive mood and Dow Jones crossed 13,000 yesterday. Asian stocks are continuing their positive momentum. These are good signs for Indian Share markets.

Crude oil prices are reaching new highs. Rupee is attaining new highs.

News of The day: Reliance Industries will announce results today. It will have a major impact on the movement of markets.

Stocks of the Day:

1. Eicher Motors
2. Grasim Industries
3. Reliance Industries
4. Larsen and Toubro
5. Cipla
6. Marico
7. Dr Reddys Labs

Positive Stock news:

1. L&T bags order worth Rs 200 crore from UAE firm.
2. TV 18 to launch 2 new channels.
3. Dr Reddys labs received approval for Zolpidem.
4. Dabur India has highest growth in oral care.
5. Reliance Energy may gain today due to marginal loss yesterday.

Negative Stock news:

1. Nalco announced disappointing results.

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