Thursday, October 8, 2009

Watch Live In SUNNEWS (Tamil Channel) Friday Morning 9.30-10.30




Watch me Live In SUNNEWS (Tamil Channel) Friday Morning 9.30-10.30 to know about market outlook On a day where INFOSYS results will come.



Weak Dollar keeping Tech stocks down
Telecom stocks falling on margin pressure 





Soon Realty would see flood of paper nearly 5Major Realty companies – Emaar MGF Land, Lodha Developers, Sahara Prime City, Ambience Ltd and DB Realty – are looking to raise over Rs 12,500crs.



Unitech home buyers angry at stalled project, want monitoring agency
Seema Sindhu / New Delhi October 09, 2009, 0:58 IST
Irate buyers of homes from Unitech, the country’s second-largest real estate developer, today threatened legal action against the company for failure to complete construction within the promised schedule.
Buyers of homes in the under-construction Unitech Habitat in Greater Noida have come together under the banner of the Unitech Habitat Owners Association. In a protest meeting today at the Unitech sales office in Gurgaon, they demanded refund of the money they’d paid, with 18 per cent interest.





What did I say in Market Morning on 08/Oct/2009?
RELIANCE (Rs.2101) Company has announced 1:1 bonus and now market is euphoric about Gap-up open in the Stock and market, Bonus doesn’t impress me as there is no cash outflow, GDR the stock was up +5% and in Grey market BS quoted price being higher by Rs.150-200. With Supreme Court likely start hearing the case from 20th October Spike in price would be chance to exit. RIL closing above Rs.2225 only is bullish otherwise weakness would continue. RPL share holder benefit as they would also get dividend and bonus.

NDTV talking about … ADD. SOLICITOR GENERAL Suggesting KG-D6 BE NATIONALISED… in his Note Send to Government.

Stay away from RELIANCE was advised.    A.K.Prabhakar