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Monday, May 18, 2009

Stocks To Watch Today:

Insurance Sector:


There are hopes the government would hike the FDI limit to 49% from 26% in the insurance sector and the beneficiary of this move are Aditya Birla Nuvo, HDFC, ICICI Bank, Exide, Max Life.


Retail Sector:



The raised FDI limit would also help Pantaloon and Shoppers Stop in the retail sector.


PSU Banks Sector:


Speculation of divestment and consolidation in the PSU bank sector would see Karur Vysya Bank, City Union Bank and Canara Bank buzzing.


Public Sector Units:


Also, Potential consolidation of loss making PSUs to be of advantage to ITI, HMT


Infrastructure Sector:


In the infrastructure space, capital investments by the NHAI (National Highway Authority of India) and the Public-Private Partnership (PPP) model will benefit HCC, Gammon, GMR Infra, IVRCL Infra and L&T.


Agro Based Industries:



Companies like Jain irrigation and seed companies like Advanta and United Phosphorus could see an upside.


Telecom:


The 3G auction would boost companies like Bharti, Reliance Communication, Idea and MTNL.


Individual stocks to watch:


Sun TV (DMK winning) and IBREL.



source: CNBC TV18

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