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21 Apr 2007

RELIANCE AND INFOSYS-BEST OUT OF SPECIFIED STOCKS

1.It appears to me that the stock of Reliance and Infosys will keep on giving direction to the Indian stock market i.e NSE and BSE.Infosys to an extent affected by depreciation of Dollar.


2.The other stocks out of 6 specified are plagued by one ill or the other which are as listed below:
(a)SBI-Public sector stock and thus plagued by government policies.
(b)ACC-Cyclical in nature though cement demand will be firm due to construction boom.
(c)ONGC-Oil will be key for country growth.
(d)TISCO-Presently saddled with CORUS acquisition load but will give returns in long term.

3.So if you can not follow all stocks than become expert in atleast 2 stocks i.e Reliance and Infosys as they give atleast move of minimum 15-20 rupees per day during trading duration.

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