Hi friends

Thanks for visiting my Blog. Through this blog I shall try to estimate on which share investors and Indian Equity Market watchers are betting on. IPO recommendations shall be provided from time to time. Your Valuable comments are also invited. Please do vote and share the knowledge of our markets to all of us.

Thursday, June 14, 2007


The Markets are looking up today and some of the top Brokerage Recommendations are Dishman Pharma with a target of Rs.360 which means a upside of about Rs.100, RIL with a target of Rs.1815 which is also an upside of Rs.100, Sangam India with a target or Rs.95 sees a upside of 42% within 6 months. Other recommendations are Gateway Distripacks with a target of Rs.250, Shree Ashta Vinayak with a target of Rs.352, Penunsula Land with a target of Rs.600, JSW Steel and NRB Bearings.

The follow On Public Issue issue of ICICI Bank is being eagerly awaited by investors. It is slated to open on 19th June and close on 22nd June 2007. Retail investors are being offered a 5% discount in the FPO. DLF which didn't get a great response from retail investors, those investors can wait for it to list and then buy it at a discount from the open market when it will sees a correction. Vishal Retail which had its IPO open during the same time as DLF, saw a oversubscription of 81 times!

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