Morning Trading Strategies – India August 16, 2012

Disclaimer: I do not operate the entire universe of India stocks and my select list is based on current fundamentals of sectors and promoters/industry groups as well as policy. 

Banknifty is good because of result rot weevil and Bank of BAroda and not PNB will be rising in the lead with SBI profits also likely carrying weight and then finishing off with a surge in HDFCBANK, ICICI and Axis at different stages.

The resulting increase in loss making PSE banks is to be avoided however, not because of anything else but that the Disinvestment programme announcements are going to be at best uneven with the FDI in retail going out of fashion as well this morning making an impact then  midweek. Ikea and M&S professed interest in entering the foods and grocery space in Asia’s premium middle income market and start another spate of refusals to be managed by the disappointed UPA alliance and Chidambaram

 

 

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One thought on “Morning Trading Strategies – India August 16, 2012

  1. Pingback: Morning Trading Strategies – India August 21-24, 2012 « A blog of blogs

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