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The Opening Week of New year 2012 was won by Bulls as Nifty closed up by 2% in a range bound and dramatic closing of week as market was open on Saturday also.

One interesting observation i found out on Facebook thought of sharing with readers

On 6 Feb 2010 Markets were open on Saturday and Nifty was trading ,High was 4768 and Low was 4712,4712 remained low for almost 2 years. So do we see the History repeating again ?

Another Interesting aspect for this week gone by was Food Inflation which dipped in negative but it failed to cheer markets nor Policy maker and surprised the common public.Normal Households food budget has doubled from past 1 year but as per Government data  food inflation is negative. How is tht possible?

Food Inflation dropped is more because of High base effect we were having in past 1 year so its a mere statistical representation of year-on-year movement in prices of select items.

 Fuel prices (especially LPG) that materially impact household consumption budgets, remain a contentious issue. Hence, it is too early to celebrate the decline in food inflation numbers. RBI cutting rates on this number will be a wishful thinking. 

Coming Week will be quiet exciting in term of news flow data as ...

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Group: http://groups.google.com/group/kursus-forex/topics

    peter lee <peterlee387@gmail.com> Jan 06 11:45PM +0800  

    *FEEDYCASH :*
     
     
     
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Group: http://groups.google.com/group/ForexAbode/topics

    "ForexAbode.com" <newsletter@forexabode.com> Jan 07 09:09AM +0900  

    Previous positions met with profit target and made 136 pips.
     

     
    Please check "Real-Time Trade Positions" sub-forum on
    http://www.forexabode.com/forum/
     

     
    (Please note that I just update ...more

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Group: http://groups.google.com/group/everything-forex/topics

    ForexAbode <forexabode.com@gmail.com> Jan 06 03:24AM -0800  

    Jan 6th- Today's EUR/USD, EUR/JPY, USD/JPY, GBP/JPY, AUD/JPY, GBP/
    USD, AUD/USD & USD/CHF : Technical analysis updated ? at
    http://www.ForexAbode.com/.
     
    Please check the same at: ...more

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Group: http://groups.google.com/group/globalspeculators/topics

    RAJESH DESAI <stockdesai@gmail.com> Jan 06 01:29PM +0530  

    Shares of *Ranbaxy *are trading down after CLSA downgraded the stock and
    Watson CEO Paul Bisaro said he expects 50:50 split with Ranbaxy in the sale
    of generic Lipitor in the US market. ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:10AM +0530  

    DLF falls with the stock declining for the third straight day on reports
    that the Supreme Court has stayed the Punjab and Haryana High Court's
    judgment that directed the DLF to demolish structures ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 12:42PM +0530  

    *Fortis Healthcare* jumps 2 percent on the news that ECL Finance and six
    others were acquiring 6.18 percent stake in it.
    ECL Finance and six other entities have acquired 25,052,222 shares, ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 12:09PM +0530  

    Kingfisher Airlines plunged on reports that Directorate General of Civil
    Aviation has given the private airline three days time till Monday, 9
    January 2012, to come back with a detailed plan of ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:03AM +0530  

    *PG Electro slumps into dumps! *
     
    PG Electroplast hit a new 52-week low today at Rs.123.95, down 3% and it
    currently remains at that level though only 38 shares have changed hands.
    ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 09:22AM +0530  

    Cement companies ACC, Ambuja Cements and Jaiprakash Associates have on
    Thursday reportedly agreed to slash prices by Rs 25 per bag of 50 kg in
    Himachal Pradesh with immediate effect.
     
     
     
    -- ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:57AM +0530  

    *Shares of Jaiprakash Associates were trading lower & is the top Sensex
    loser as Mayawati is facing anti- incumbancy in UP.*
     
     
     
    --
    CA. Rajesh Desai
    ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:25AM +0530  

    GM Breweries lost 5% after net profit fell 24.8% to Rs 4.36 crore on 16.3%
    growth in net sales to Rs 68.70 crore in Q3 December 2011 over Q3 December
    2010.
     
     
    --
    CA. Rajesh Desai
    ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 12:06PM +0530  

    Citi cuts Sesa Goa Target to 159 from 169, Maintains Sell
     
    CS on Mundra Port with a Sell and a Price target of Rs 112
     
    CS on Essar Ports with Neutral rating and a price target of Rs.64
    ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 12:44PM +0530  

    *Gujarat Pipavav Port* rises after Credit Suisse initiated an outperform
    rating and a target share price of Rs 66, citing high entry barriers in the
    container business, a stronger balance sheet and ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:02AM +0530  

    *KFA's continuing turbulence *
     
    Kingfisher Airlines is down almost 7% at Rs.19.10 and it also hit a monthly
    low at Rs.18.25. But at these levels, despite the trouble in the company, ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:00AM +0530  

    *Bharati Ship on rough waters *
     
    Bharati Shipyard is down in the red. The stock is down currently 1.13% at
    Rs.69.90, just a tad above its intra day low at Rs.68.25. And there remain ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 11:31AM +0530  

    The rupee gained today aided by foreign investors buying into local debt
    but the negative local shares and risk aversion globally may cap these
    gains.
     
     
    --
    CA. Rajesh Desai
    ...more
    RAJESH DESAI <stockdesai@gmail.com> Jan 06 08:54AM +0530  

    *Report attached.*
     
     
     
     
    --
    CA. Rajesh Desai
    ...more
    Abhishek Mundra <abhishek.mundra84@gmail.com> Jan 06 11:46AM +0530  

    --
    Regards
    Abhishek Mundra
    abhishek.mundra84@gmail.com
    ...more

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