Wednesday, February 23, 2000

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Think Tank
This week we focus on a complete analysis of the
intellectual capital industry
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Market sings budget blues; Sensex up 7 pts
With the budget just a week away, the markets have started to feel the uncertainties and are expected to remain lacklustre with the focus on select stocks.

Market is highly volatile; indicators weaken further
The buy signal on the stochastic indicator on the Sensex has weakened. It would need more reinforcement. That could happen if the Wednesday effect comes through. The upside potential of the Sensex is still very much present. But the market is highly volatile and the broad indicators have weakened further.

Hind Lever Chem offers short-term buy opportunities
Hind Lever Chemicals offers a reasonable opportunity for short-term play. The scrip had come down from Rs 523 to Rs 323. Following the announcement of good results, it has started on the recovery path.



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