Well the BSE sensex , today again went into tailspin treading the path of global markets . The market hasn’t still bottomed out and one never knows where and when the slide will stop . To invest right now is like catching a falling knife . But still one may invest in moderation in fundamentally good stocks as these stocks tend to be stable even in falling market . What a bad day it was for Reliance Power and perhaps no one had predicted it would close at 372 at the time of IPO. It may go down still further below 300 , maybe then one can invest in it . The market overall may shed further 1000 pts in coming 2-3 sessions.
Earlier short term recommendations -
| Scrip | Recommendations | Target | Remarks |
| Infosys | buy @ 1510 | 1576 | Target achieved |
| Nucleus software | Buy @ 270 | 282 | hold |
| Tata power | Buy @1330 | 1380 | Squareup at current price of 1180 |
Todays short term recommendations –
| Scrip | Recommendations | Target | Remarks |
| Maruti Suzuki | sell@812 | 790 | -- |
Cricket – The Indians have proved once again they are the only team which can challenge the mighty Aussies for the no. 1 spot . Perhaps India may have found a new pace sensation in Ishant Sharma. He looks like the only Indian bowler who can cross 150 kmph speed . He is only 19 and we all know fast bowlers peak at the age of 22-23 yrs. But like other Indian fast bowlers he should avoid Injuries , as injuries have hindered the promising careers of other fast bowlers like Irfan Pathan , Munaf Patel , Ashish Nehra , Balaji , Zaheer , etc. For yuvraj I feel he should split with Deepika , as their relationship is affecting yuvraj’s career . Well if yuvraj keeps on underperforming like this , I doubt deepika will continue dating him . I again feel India is still one bowler short . On Indian wickets Sehwag, Yuvraj and Tendulkar might fill in the quota of 5th bowler , but on Australian wickets Praveen Kumar should be played instead of a batsman .
Health tip - Those having high cholesterol in their blood they should drink daily one glass of Beetroot juice , as it is high in antioxidants. It helps in reducing cholesterol significantly .
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