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THE CHAT ROOMS
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'The end of the tunnel is in sight''The market is headed higher. Indian markets could survive better than the US markets,' says Ramesh Shrichand Damani.
Administrator : Ramesh S Damani will be joining us for chat at 5.30 pm IST today. sanjay : VSNL HAS FALL 10 % TODAY . WHAT DO YOU SUGGEST - TO HOLD OR SELL Ramesh S. Damani : I would tend to hold it. sanjay : WHAT ABOUT SHIPPING CORP , BHARAT ELECT, CONTAINER CORP Ramesh S. Damani : They are all doing well. However they will not burst until disinvestment. JAIN : IN YOU CHAT DT 1/11 YOU SAID IT IS SECTOR IS VERY IMPORTANT AS OIL IS FOR MIDDLE EAST . WHAT DO YOU MEAN .CAN WE INVEST AND ASK U ABT SOME GOOD IT COMPANIES FOR LONG TERM SAY 2-3 YRS. PLS SUGGEST Ramesh S. Damani : Our future is in technology. Good paying jobs are in the tech economy. kruts : mr damani, happy diwali!! what'll the action at BSE on Diwali day be like? Ramesh S. Damani : Happy Diwali to all. Action will be light that day. However, the end of the tunnel is in sight. asdf : happy diwali mr damani. its nice of u to come today. wat is pre-diwali sentiment like? Ramesh S. Damani : It is much better than a few months ago. amar : mr damani,i have heard that you are expert on finding multibaggers.pl teach us your art.we are ready to attend your lectures if you organise.indeed you can charge for it. Ramesh S. Damani : Thanks for the compliment. We try hard. It is an art though and not a science. I share my ideas online with you all. So sign in. riti : mr damani mark mobius of templeton funds said that the markets have bottomed do u really think so? i mean after yesterday's plane crash, once again the markets went for a toss. Ramesh S. Damani : I agree. Worst is in the price. Another terrorist attack would spook the market. However Indian markets could survive better than US markets. The US economy is headed for a recession. mpc : what r ur views on HIND OIL EXPLORATION Ramesh S. Damani : Looks okay to me. prem : yesterday's incident has not affected the markets much. Does it mean the market has become better Ramesh S. Damani : It would if it had been a terrorist attack. We dodged a bullet. prem : any share whose price is around Rs. 5o which is really attractive for the long term Ramesh S. Damani : I own some Mc Dowells. mpc : what do u opine on INFOSYS Ramesh S. Damani : The leader is struggling. prem : do you think IFCI at these prices is worth for the long term Ramesh S. Damani : No. prem : which is the best cement shares according to you Ramesh S. Damani : Grasim and ACC on a trading point. kalyan : what is ur opinion on ROLTA Ramesh S. Damani : Not enthusiastic. prem : NIIT has reisen 100 per cent in the recent past. Is it worth at this price Ramesh S. Damani : It has had a sharp rise. It needs to consolidate its gains. Dilip : i am a salaried person and want to invest in stocks which one would you suggest Ramesh S. Damani : Check the transcripts for some ideas. However consult a personal broker before making any buys. Protect your wealth. nitindadhich : MR Ramesh Damani I Heared you 10 or 15 days before that u have a brought Indian Hotels and Mcdowell both have them have goe up I would like to ask u can I go for indian hotels at RS 150 Ramesh S. Damani : Yes. It will have a bad year financially. That is discounted though. It is a cheap stock on market cap basis. Amani : Hi Mr. Damani R u Thr..? this is amani from London .... Ramesh S. Damani : Hi amani! sunilkanojia : Damaniji by what time do you see ZEE share price going up.. Ramesh S. Damani : Not unless it is sold to a partner. bullbull : we are getting mixed signals about the market, where do u think it is headed? Ramesh S. Damani : Probably higher. hemal : What is your view on Nath Seeds. Its risen sharply over the last few days . The same is true for E-serve. Shls I buy these at this level Ramesh S. Damani : I still like and own Eserve. Avoid Nath seeds. jitroy : Sir,Among A , B1 and B2 stocks what is advicable to buy?I mean is it right to buy b2 stocks as well? Ramesh S. Damani : Sure.That is just a classification according to volumes and marketcap. Nuggets are everywhere. Mostly A and B1 though. vermaashutosh : hi mr damani,what will be the scenario for tech stocks in near future ??will they resurrect back??? Ramesh S. Damani : They will. Look at IT enabled bullbull : read today's Afternoon newspaper? all analysts are bearish? do u share the views? Ramesh S. Damani : No. I am optimistic. harsh : sir do u believe that UTI can ever regain the Trust of investors Ramesh S. Damani : It would be a challenge. hemal : What is your view on L&T after the recent rise. Shld I enter at this level or wait for a correction Ramesh S. Damani : It is fair value not exciting. Management seems to be too slow. SAM : WHAT DO U THINK OF L& sIR, Ramesh S. Damani : okay. bullbull : but all analysts do not rule out that the september bottoms are vulnerable, could be tested or even breached? do u think a bottom is in place? Ramesh S. Damani : Dow will test its bottom.I think 2600 on the Sensexis going to hold. Lalit : what is your view on Grasim sir? Ramesh S. Damani : Should do well. holyhamza : I live in Pakistan. Can I participate in Stock Exchange business of india through the internet. Ramesh S. Damani : I am sorry that is not possible legally. How is hub power doing? SAM : DO U THINKSEBI IS GOING TO PROBE THE L&T SPURT Ramesh S. Damani : I have no idea. amarbhai : which are IT enabled other than e-serve,bfl,infotech enterprise? Ramesh S. Damani : Those are the best 3. Infy, Wipro, HCL Tech are all getting into it. wwf : hi mr,ramesh. can i talk 2 u Ramesh S. Damani : Thanks all for joining. I have to leave. Have a prosperous Diwali. See you all next week. Thanks and Bye. | |