Today(24-11-2011,Thursday), the Sensex & Nifty took a pause for its 9 day continuous massacre. The grant of bail for all the corporates accused in the 2G scam added its penny to this relief rally. Experts are advising traders to be more cautious because of no developments in euro zone debt issues. They are suspecting that euro zone crisis may trigger the recession in US. When come to investors, as one can't predict the bottom of a stock price, accumulate selected stocks on dips.
Here are some of the stocks which are looking attractive at current price-
Stock Comments
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1.Tata Steel -Ve:Euro zone issues & impact of land mining policy
+ve:Leader in metal space & excellent dividend paying record
2.Spicejet -Ve: High debt, poor results
+Ve: Growth sector, awaiting for FDI policy & expansion at faster pace
3.Coal India -Ve: impact of land mining policy
+Ve: One & only in its sector & excellent results
4. Muthoot Finance -Ve: Plunge in gold price(which is unlikely in current situation)
+Ve: Excellent growth & results
5.HCC -Ve: Heavy loss incurred due to halt of Lavasa project
+Ve: Hopes of raising funds for Lavasa through IPO.
Continued....
