Market Alert

Ketan Parekh-linked scrips gain 76% in May; plunged after SEBI order
The stocks , in which Ketan Parekh appeared to be trading through his front entities, gained up to 76 per cent in May, but fell to their lower circuits after SEBI debarred 26 entities and individuals for manupulative trading in these scrips These five scrips -- Cals Refineries, Confidence Petroleum India Ltd, Bang Overseas Ltd, Shree Precoated Steels Ltd (now known as Ajmera Realty & Infra India Ltd) and Temptation Foods Ltd -- were trading mostly with gains during May. During the month, Confidence Petroleum India soared as much as 76 per cent on the BSE. The scrip which on May 4 was trading at Rs 6.75 ended May's trade at Rs 11.88 on BSE. Further, Cals Refineries stock surged 34 per cent on the BSE during last month from Rs 0.86 to Rs 0.91 per share. Shares of Temptation Foods jumped 16 per cent in May , while Shree Precoated Steels gained 6 per cent on the BSE. SEBI on Thursday debarred 26 entities from the securities market, after an investigation into possible manipulative trading by them in these five stocks. In the same order, SEBI also noted that debarred stock broker Ketan Parekh appeared to be trading in the stock market through at least five of these entities. Parekh and the entities related to him were banned by the market regulator from participating in securities market for masterminding the multi-crore stock scam during 1999-2001. SEBI has also said the entities being debarred made substantial losses on account of the dealings in the scrips of Cals Refineries, Shree Precoated Steels and Temptation Foods. Following the SEBI order, these stocks had hit their lowest permissible trade limit on Friday, while one Shree Precoated Steel's scrip is suspended from May 8. (Courtesy: Economic Times)

Market potential ,future prospects & multibagger stock advice

I am feeling comfortable in writting my blog after couple of months.Indian stock mareket have enough potential to cross 20,000 landmark by Dec'2009.
Stock Exchange news:
A total of about 1.2 lakh new stock market investors opened their demat accounts, which is necessary to trade in equities, during the month of May, according to data available with the two depositories, National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL). This has increased the total number of demat accounts in the country to over 1.5 crore. The market experts believe that the inflow of a large number of new investors into the market could be attributed the sharp surge in the recent months as well as expectations for revival of the IPO market with some fundamentally-sound public issues by the government-run companies. The total investor wealth, measured in terms of cumulative market capitalisation of all the listed companies, has soared to about Rs 51,00,000 crore. This represents a gain of about Rs 23,00,000 crore from the level seen in later October last year, although it is still about Rs 20,00,000 crore below the peak seen in January 2008. With the benchmark Sensex hitting its record high of 21,206.77 points on January 10, 2008, the total investor wealth had risen to a high of about Rs 72,00,000 crore at that time. However, a sharp meltdown thereafter pulled the Sensex to below 8,000-mark in late October 2008. Since then, the Sensex has nearly doubled and has regained 15,000-point mark. Out of the total gain of about 7,500 points in the benchmark Sensex since its 52-week low of 7,697.39 points on October 27, 2008, nearly half the gain has materialised in the past one month alone (Courtesy: Economic Times). There are some stocks which are still undervalued and it can give retail investors a good return after a stipulated time frame.Here is the multibagger stock list for reference:
Pioneer Embroidaries
Krishna Lifestyle
Praj Industries
Vikash Metal & Power
Marg Ltd
Gitanjali Gem
Classic Diamond
Southern Online Biotech
Sanguine Media
Kohinoor Broadcasting
Tanla Solution
Genus Power Infrastructure
Suryachakra Power corporation
Surana telecom & power
Indiabulls retail.
Vijaya Bank
Austin Engineering
Deccan gold mines
These stock can give you 5-7 times return in a stipulated time frame of 1-2 years.