praveen
24-06-2008, 06:57 AM
* A massive boycott of Sundaram BNP Paribas Mutual Fund by brokers and financial planners is on since it discourages fund subscription through such intermediaries.
* Next on the pharma takeover list are Nicholas Piramal and Lupin. Expect fireworks in both these counters as world majors are eyeing them to get a foothold in India.
* Brokerages have flooded the market with secured/unsecured debentures, redeemable after 15 or 36 months tied to the Nifty. Will SEBI look into this before the size of such papers become too large for anyone to control?
* Last month, it was KGN Industries and Sylph Technologies that skyrocketed on relisting. This month it is Griffin Chemicals. Are vested interests back playing the rigging game?’
* While most shipping companies are trading at very low P/E levels, Shipping Corporation is richly discounted by 8 times. Sell immediately as the scrip appears overvalued.
* Next on the pharma takeover list are Nicholas Piramal and Lupin. Expect fireworks in both these counters as world majors are eyeing them to get a foothold in India.
* Brokerages have flooded the market with secured/unsecured debentures, redeemable after 15 or 36 months tied to the Nifty. Will SEBI look into this before the size of such papers become too large for anyone to control?
* Last month, it was KGN Industries and Sylph Technologies that skyrocketed on relisting. This month it is Griffin Chemicals. Are vested interests back playing the rigging game?’
* While most shipping companies are trading at very low P/E levels, Shipping Corporation is richly discounted by 8 times. Sell immediately as the scrip appears overvalued.