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Religare touched a high of Rs 601 on its First Day in Stock Markets

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Buy Bharti Airtel, RIL, SBI For Steady Gains - PN Vijay

Portfolio Manager PN VijayPortfolio Manager, PN Vijay suggests investors to purchase Bharti Airtel, State Bank of India, SBI, Reliance Industries with a 6-12 month outlook.

Stock Market To Track Global Signs On Thursday - Technical Analysts

Rohit Mehta, head equities, Dimpi Investments said that yesterday the stock market caught stock specific trends only and closed after losing 16 points. There was no major action in the stock market. But, fertilizer sector did well.

He anticipates market to obtain clues from the international markets in Thursday’s trading session. For the next 10 days, worldwide markets would be directing Indian market motility. He is confident on Nagarjuna Fertilizer for the coming trading session.

Vishal Lakhani, senior dealer, Networth Stock Broking stated that yesterday, the market stayed unconditional, as no major buying was figured. There was no large volume, excepting the power sector companies including Reliance Energy, Tata Power and NTPC.

It’s Time To Hold IFCI, Says Jain

Rajesh Jain of Pranav Securities believes that it’s beneficial to hold Industrial Finance Corporation of India, IFCI at the moment. IFCI is a slow mover, but it has lots of potential to go up.

Jain told, "In the best of situation, if everything goes the right way then IFCI could give you almost a 50% gain from this point. If you look at the portfolio that IFCI has to offer to an investor at this point, there are NPs for which recoveries have started you could almost raise Rs 2,000-2,500 crore out of that. The hidden real estate value put anywhere between Rs 3,000-4,000 crore."