Nifty* Due to Budget Session& many more events in coming days in this march (2012) month volatility may remain high and range for remaining Month of March can be 4900 to 5600 levels. Till Nifty do not breach 4900 Market can be in consolidation phase, But close below 4900 would be considered very negative.
Events to look forward to..!
^ Election results – Results were against the current government which may impact the markets going forward. Therefore a firm and definite action towards reforms will be keenly watched in the budget.
^ IIP data
^ Monthly inflation/ Railway budget
^ RBI policy
^ Union budget
Anand Rathi feel that SIP is the best product to get into this volatile market
^ Our product has already outperformed the market, BSE 500 by 9% and Nifty by 7%.
^ We have also booked profits in IndusInd bank from the SIP portfolio which gave 30% and 27% in weekly and monthly portfolio. We have introduced Rallis India in the portfolio.
We like ENGINEERS INDIA, BEML, RALLIS INDIA, BEL, PIRAMAL HEALTHCARE, PRATIBHA INDS, MAHINDRA HOLIDAYS & RESORTS, TATA SPONGE, TAJ GVK, ESCORTS, GATEWAY DISTRIPARKS, TINPLATE & NMDC.
Mr. A. K. Prabhakar
Anand Rathi
Senior Vice President - Equity Research
4th Floor, Silver Metropolis, Jai Coach Compound, Opposite Bimbisar Nagar, Goregaon(East), Mumbai - 400 063. India
Tel No: + 4001 3700 | Direct: + 4001 3999 | Fax No: + 4001 3770 | Website: www.rathi.com
 |
| A K Prabhakar |
Events to look forward to..!
^ Election results – Results were against the current government which may impact the markets going forward. Therefore a firm and definite action towards reforms will be keenly watched in the budget.
^ IIP data
^ Monthly inflation/ Railway budget
^ RBI policy
^ Union budget
Anand Rathi feel that SIP is the best product to get into this volatile market
^ Our product has already outperformed the market, BSE 500 by 9% and Nifty by 7%.
^ We have also booked profits in IndusInd bank from the SIP portfolio which gave 30% and 27% in weekly and monthly portfolio. We have introduced Rallis India in the portfolio.
We like ENGINEERS INDIA, BEML, RALLIS INDIA, BEL, PIRAMAL HEALTHCARE, PRATIBHA INDS, MAHINDRA HOLIDAYS & RESORTS, TATA SPONGE, TAJ GVK, ESCORTS, GATEWAY DISTRIPARKS, TINPLATE & NMDC.
Mr. A. K. Prabhakar
Anand Rathi
Senior Vice President - Equity Research
4th Floor, Silver Metropolis, Jai Coach Compound, Opposite Bimbisar Nagar, Goregaon(East), Mumbai - 400 063. India
Tel No: + 4001 3700 | Direct: + 4001 3999 | Fax No: + 4001 3770 | Website: www.rathi.com
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