Intraday 19-02-07.

Buy:

Reliance;

Orchid Chem;

Zee News;

Redington;

Thermax;

Deccan Air;

Dewan Hous;

BOI.

In a bid to become the world's largest rose grower, city-based Karuturi Networks (KN) is looking at acquiring a large rose farm in Africa.

Having followed the Government's instruction last week tolower petrol and diesel prices, oil marketing companiesare likely to get the promised concession in terms of dutyreductions on petrol and diesel in the forthcoming Budget.The Government is understood to be weighing thepossibility of reducing customs duty on petrol and diesel to5 per cent from 7.5 per cent now. Similarly, ad valoremexcise duties on the two products are also tipped to fall to 6per cent from the current 8 per cent. However, the specificexcise duty - Rs 13.26 per litre on petrol and Rs 3.32 perlitre on diesel - will remain unchanged.


Regards,
Bhavin.