Stock Market View For Today
Posted on March 26th, 2008 in Personal Finance) by Motilal Oswal Securities Ltd |
Todays Market View : Positive Bias 
Expect the markets to build up on yesterday’s rally. Bias remains on the positive side
An analysis of the earnings estimates for sensex companies suggest that we are looking at a 18-20% earnings growth for the 4th quarter. Earnings momentum, thus ,would be on track
Reading the fine print of the 6th pay comission report, it comes out that the limit of loans for Cental Government employees would be approx ~2x of the earlier limit. This in turn would turn out to be quite beneficial for PSU banks , as it would create a new segment of lending which would be relatively secured
Buy PSU Banks from an investment perspective . Top picks SBI and Union Bank
Buy technology stocks from a trading perspective . Top pick Infosys