A recent report by Merrill Lynch is sowing the seeds of fear in long term investors in the Indian stock markets. According to two ML analysts, the Indian markets will give negative returns in 2007, and the target levels for SENSEX by December 2007 would be around 11,500. The report cites rising inflation and interest [...]
Entries from November 2006
November 5, 2006
Stock of the Week – Subex Azure
Reliance Money has recently launched its online trading service. Do check out the new service offerings for sure.
The Reliance Money Stock of the Week is Subex Azure. The stock is trading at INR 580 right now. The stock has a price target of INR 900.
According to Reliance Money, “at the current market price of Rs. [...]
November 1, 2006
DSPML Puts Buy Rating on Airtel
DSP Merrill Lynch is bullish on Airtel and has put a buy rating on it. The stock is slated to reach a target price of Rs. 645 in the coming months. Need to keep a watch on this scrip.
