Wednesday, June 27, 2007
India Stock Market Update 27 June 2007
Long term, the growth story seems intact, but it will have a lot of twists and turns, with the market bouncing all over. There are still plenty of stocks with growth potential, but one should not get worried if a stock suddenly falls one day and up the next. Textile remains in the doldrums, and real estate is starting to get worrying because of the stagnation in the market and the fact that experts are calling a decline in the market. There was a story in the paper about smaller property builders trying to liquidate their holding because the market is not so good anymore.
Some of the stocks that I am currently tracking:
1. Bartronics: Rs. 141
2. Supreme Industries: Rs. 210
3. KLG Systel: Rs. 450
4. Yes Bank: Rs. 171
5. Nucleus Software: Rs. 1000
Labels: Dollar, Equity, Future, India, Stock
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