Mr Ramesh Damani (Wed Dec 6 100 5:15 IST)
arun - you tell us about Ajanta
rohit (Wed Dec 6 100 5:15 IST)
why was there no impact of yesterday's US rally
Mr Ramesh Damani (Wed Dec 6 100 5:15 IST)
rohit - maybe the party started a day earlier. I was disappointed though in the market today
maheshpurohit (Wed Dec 6 100 5:16 IST)
as insurance is opened now to the private sector don't you think the money they amass from the public will to some extent get invested in the market and what impact do you think that should have on the market
Mr Ramesh Damani (Wed Dec 6 100 5:17 IST)
mahesh - it will be a long term positive as more and more institutions enter the market. It will be 2-3 years away. Take a look at Birla Global if you want to play the insurance business
arunn (Wed Dec 6 100 5:17 IST)
IT (Ajanta) HAS GIVEN US GREAT PRODUCTS LIKE 30+, LIVOPLUS AND GOOD OPERATING MARGINS, SOLD OFF BULK DRUGS DIVISION
Mr Ramesh Damani (Wed Dec 6 100 5:18 IST)
arun - what's the price, equity and market cap. Last year sales and profits. Would you know
swamy (Wed Dec 6 100 5:17 IST)
WHICH COMPANY IS DOING WELL IN IT LEAVING INFOSYS, WIPRO, HCL??
Mr Ramesh Damani (Wed Dec 6 100 5:18 IST)
swamy - NIIT
maheshpurohit (Wed Dec 6 100 5:19 IST)
What about Max India i think it is into insurance and also IT-Enabled Services and has a decent track record of making profits from the investments is makes
Mr Ramesh Damani (Wed Dec 6 100 5:19 IST)
mahesh - that's a good choice. Max does have some appeal
arunn (Wed Dec 6 100 5:20 IST)
(Ajanta) PRICE 107, LISTED AT AN IPO PRICE OF 225, SALES HAS STAGNATED AS IT HAS OFFLOADED ITS BULK DRUG DIVISION MARKET HAS NOT READ THE RESULTS PROPERLY
Mr Ramesh Damani (Wed Dec 6 100 5:20 IST)
arun - thanks will try to look at it
maheshpurohit (Wed Dec 6 100 5:22 IST)
there isn't any company in the storage software or securities software in india are there ??
Mr Ramesh Damani (Wed Dec 6 100 5:23 IST)
mahesh - storage no. Odyssey Technology in Security Software
maheshpurohit (Wed Dec 6 100 5:22 IST)
securities (SECURITY On the net)
Mr Ramesh Damani (Wed Dec 6 100 5:24 IST)
mahesh - that is what I meant. Odyssey does security on the net. Price is 85
DEEPESH (Wed Dec 6 100 5:23 IST)
AFTEK AND VISUAL USED TO BE DARLINGS. NOW THEY ARE OFF THEIR HIGHS AND STILL KEEP FALLING IRRESPECTIVE OF MARKET. IS IT ANY FUND PLAY AS MOST FUNDS HAVE EXPOSURE TO THEM.
Mr Ramesh Damani (Wed Dec 6 100 5:24 IST)
Deepesh - Aftek was a momentum stock. Visual has lost its charm
arunn (Wed Dec 6 100 5:24 IST)
WHY DOES MARKET ALWAYS FOLLOW THE SELF SEEKING Dr. KAYPEEs and neglect fundamentally good companies
Mr Ramesh Damani (Wed Dec 6 100 5:25 IST)
arun - I agree with you. It's sad
maheshpurohit (Wed Dec 6 100 5:25 IST)
do you know sir what WAYS is doing? the adds keep on coming up on TV
Mr Ramesh Damani (Wed Dec 6 100 5:25 IST)
mahesh - products and services in the wireless world
amol (Wed Dec 6 100 5:26 IST)
is doing a job in IT sector better in india (good international company) or abroad?
Mr Ramesh Damani (Wed Dec 6 100 5:27 IST)
amol - I would prefer abroad. It's my personal preference
maheshpurohit (Wed Dec 6 100 5:28 IST)
isn't hutchison comparable to any of the wireless companies operating anywhere and shouldn't it get good valuations
Mr Ramesh Damani (Wed Dec 6 100 5:28 IST)
mahesh - it will be good. I think Max owns 10% of the Hutchinson.
Mr Ramesh Damani (Wed Dec 6 100 5:30 IST)
Thanks for joining in. Have a good week ahead. Bye
Money
ALSO SEE:
'The market will punish excesses'
'A lot of middlemen will soon be looking for work'
'Trust in tech'
'The worst seems to be behind us'
'The market looks healthy to me'
'Support levels have been broken'
'Our future is in tech'
'Market pays for growth not size'
'India is an IT destination'
'We should retest 4485'
'The market is a buy'
'We should make a run for Sensex 5000'
'Markets may surprise on the upside'
'The rally seems stretched'
'We should build on this rally'
'Be careful around 4500-4600 levels'
'I see a small rally'
'The market seems to be in a coma'
'It's time to build stable ICE portfolios'
'The market seems poised to go higher'
'The market is making the bears fight'
'Build cash'
'4800 is a technical sell level'
'Take a look at Sensex futures'
'We are seeing a technical rally'
'The market is technically healthy'
'The rally should be led by the liquid A group stocks'
'The road to Dalal street is littered with broken dreams'
'Let's hope it holds at 4200'
'It was a financial Disneyland that corrected'
'Sensex levels above 5100 are not sustainable over next 4-6 weeks'
'We are in an intermediate bearish phase'
'Wait till the NASDAQ stabilises'
'Tech boom is for real'
'Watching the NASDAQ is faddish'
'The market looks ready for a rally'
'The market still lacks conviction'
'The market is falling of its own weight'