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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (5120)	7/14/1999 10:49:00 AM
From: Mohan Marette	Respond to of 12475

Grape-line [Market rumor] Essar Steel:http://www.essar.com/steel/index.htm Sona Steering: sonagroup.com Sumi Motherson:http://www.motherson.com/ Essar Steel is finalizing its deal for selling its power plant to a multinational power major company. Informed buying is taking place in all auto ancillary stocks. watch out for Sona Steering, Motherson Sumi, I P Rings, Sundaram Fasteners and MICO. Major restructuring is expected in KSB Pumps. It is an MNC stock available at reasonable valuations. In software, there seems to be a good story in Citicorp Securities. The company is aggressively pursuing an IT enabling strategy, which is expected to yield excellent returns in the medium term.