It’s Morning Report: Nifty on to new records at 8000 levels?

The indices climbed out of a big hole on Thursday as they completed a drop back to 7800 without losing the uptrade, with ICICI Bank results on 31st likely to see better levels for itself and the market. IDFC and YES remain the best picks followed by higher returning midcap Pharma stocks like Glenmark.

Futures trades fof 2004 instrumental in keeping Options trade volumes insignificant can probably reenter futures only trading at these levels in the new sunny beat as India again times it right on the business cycle in unlisted business, Business school recruiting reports from March show the cycle upswing is likely been read into the tea leaves for 2015 and 2016 as well.

In listed and tech, according to our assessment Wipro and HCL T are likely to remain sore losers in the next two years as far as corporate performance is concerned.

Bharti and ITC Ltd seem to be back in the reckoning I would have been bought into GMR and HDFC currently. The Kotaks break out is puzzling as it is not really buying into business expansion and well be watching the stock. Power NBFCs and Energy cos should take back an uptrend each right now -,-

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