'Trust in tech'
Ramesh S Damani tells investors to believe in tech stocks. He maintains that the market is healthy and will go up and test 4500.
Mr Ramesh Damani (Wed Nov 8 19100 4:51 IST)
Good evening and welcome. Thanks for joining in. Let's start.
tellme (Wed Nov 8 19100 4:52 IST)
what do you think of Elbee Services, Blue Dart?
Mr Ramesh Damani (Wed Nov 8 19100 4:55 IST)
tellme - i like blue dart
rohini (Wed Nov 8 19100 4:46 IST)
Good evening Mr Damani. People feel that if Gore becomes president it is good for india. bush will reduce the number of visas and not be friendly to india. what is your view?
Mr Ramesh Damani (Wed Nov 8 19100 4:56 IST)
rohini - both are okay. I think it makes no great difference to India.
SASIKUMAR (Wed Nov 8 19100 4:55 IST)
Hello Sir, Do u see any boost in the stock market in the near future. Will the "woolworth" regain its earlier good position?
Mr Ramesh Damani (Wed Nov 8 19100 4:58 IST)
Sasikkumar - it should be healthy. I think the bottom will hold at 3495.
Kishore Mariwala (Wed Nov 8 19100 4:44 IST)
Would you recommend buying ICICI? Where do you expect it to go?
Mr Ramesh Damani (Wed Nov 8 19100 5:2 IST)
kishore - i like ICICI Bank
param (Wed Nov 8 19100 5:2 IST)
what do you think of Indian pharma shares dr reddy ranbaxy and cipla
Mr Ramesh Damani (Wed Nov 8 19100 5:4 IST)
param - I am generally not a great fan of pharma shares. They are having a good run there.
SASIKUMAR (Wed Nov 8 19100 5:4 IST)
Will the change in the Presidentship of USA affect the stock market ? Will it be healthy?
Mr Ramesh Damani (Wed Nov 8 19100 5:5 IST)
sasikkumar - see earlier answers.
ramkrish (Wed Nov 8 19100 4:43 IST)
hello sir. are we in a secular bull market for ICE stocks?
Mr Ramesh Damani (Wed Nov 8 19100 5:6 IST)
ramkrish - keep our trust in tech. It is our future.
bb (Wed Nov 8 19100 5:5 IST)
hello sir, what is your outlook for the markets tomorrow?
Mr Ramesh Damani (Wed Nov 8 19100 5:10 IST)
bb- i think market is healthy. It will go up and test 4500
anil (Wed Nov 8 19100 5:7 IST)
any stock tips Mr Damani?
Mr Ramesh Damani (Wed Nov 8 19100 5:11 IST)
anil - stick to leaders like infy, digital, wipro
ram (Wed Nov 8 19100 5:14 IST)
when will the next correction take place?
Mr Ramesh Damani (Wed Nov 8 19100 5:15 IST)
ram - it can correct any time but the trend is higher. We should test at 4500
anil (Wed Nov 8 19100 5:17 IST)
what's the outlook for cement and other old economy?
Mr Ramesh Damani (Wed Nov 8 19100 5:18 IST)
anil - look at ACC and GACL in cement.
bb (Wed Nov 8 19100 5:18 IST)
sir, i had asked - do you believe today's heightened interest in pharma stocks will continue tomorrow?
Mr Ramesh Damani (Wed Nov 8 19100 5:19 IST)
bb- it's hard to say on a day to day basis
solo (Wed Nov 8 19100 5:20 IST)
why is cadbury falling after a good result?
Mr Ramesh Damani (Wed Nov 8 19100 5:21 IST)
solo - generally malaise of FMCG stocks.
Mr Ramesh Damani (Wed Nov 8 19100 5:28 IST)
Thanks for joining in. Have a prosperous week.
Money
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