Cement

With the MRTPC story doing the rounds, cement looks like an 'avoid' right now. Also, most of the results for the leading players in this space are out, and no great moves have been witnessed. However, the long term story of cement is intact and buying at lower levels definitely advisable. For instance ACC @ 800 levels would be a good keep in the portfolio. Similarly Mysore cements @40 levels looks decent.

Snippets

I think today is the day for this fall, more than 540 points down . What a virtual loss....but good to invest in..

Telecom

Software ITES

Pharma

FMCG

Banking

Banking sector is loosing its gas today. HDFC is down by more than 3.5%, so for short term this could be a good buy. A similar situation for ICICI Bank.

Engineering

Oil & Gas and Energy

Suzlon Energy is down today by close to 8 %. It would be a good time to invest in it and this stock is also performing well in the past year or so.

Metals

TISCO is looking at the downside. It could be a good buy around 700 levels, but no more than 705. For short and medium term TISCO is a good buy.

Media

PSU

Infrastructure

Auto

Nifty and Sensex