From last week’s recommendations, despite sharp falls in the initial part of the week, Reliance Communications Ltd bounced back sharply and ended the week with gains and touched a high of Rs448.75, but missed its target of Rs454 by a small margin. Allahabad Bank traded range bound for the entire week. The stock touched a high of Rs59, but missed its target of Rs62. However, Sterlite Industries (India) Ltd, which had a target of Rs677, touched a high of Rs698, well above its target.
Vipul Verma is a New Delhi-based independent investment adviser. Your comments,questions and reactions tothis column are welcome atticker@livemint.com
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