Hold on to Henkel Spic, Nirma; offload Vashisti Detergents
With the major trend of the indices down, quite a few sectors have also dropped below their earlier intermediate bottoms forcing the investors to look in for the sectors, which have survived the strong decline. One of the few sectors which has till now not dropped into a major downtrend is the detergent sector.

Rupee to stay range-bound this week; call-money rates to hover around 8%
Liquidity was comfortable through last week and call rates hovered for most part of the week near 8 per cent. The exception was on Thursday afternoon, when call spurted to 10% . The reason for this is not very clear.






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