Friday, July 3, 2009

HIGHLIGHTS OF THE RAILWAY BUDGET


 

Ø          Focus on passenger safety, amenities and punctuality

Ø          To develop 50 stations at tourist and religious places with internal facilities via PPP

Ø          Upgrade CST, Pune, new Delhi, Jaipur, Howrah

Ø          Computerised tickets from 5000 post offices

Ø          50 mobile vans to sell train tickets

Ø          AC double decker trains for inter city transfers

Ø          To give automated tickets vending services at 200 stations

Ø          Security plan at 140 stations

Ø          Anti-collision devices to be installed on 1780 km lines

Ø          To acquire 18,000 wagons in FY10

Ø          To form expert panel for rail optic fibre network

Ø          Encouragement to private ops for freight terminals

Ø          Vast land bank of railway to be used for Industrial Purpose

Ø          Done viability study for 4 dedicated freight corridors

Ø          New coach factory to be set up with state-of-art-facility to make 500 coaches pa in a JV with the private sector

Ø          To setup 1000MW power plant with NTPC

Ø          SMS updates for wait-listed passengers

Ø          Unreserved ticketing systems to be expanded from 5,000 to 8,000 terminals

Ø          Super fast parcel express trains to be started on a pilot basis between Delhi and Chennai and Delhi and Mumbai

Ø          Seven nursing colleges to be set up on railway land in places including Delhi, Kolkata and Mumbai

Ø          ATMs on 200 mid and small sized stations

Ø          Railway to provide infotainment services for Rajdhani and Shatabdi Express

Ø          309 stations to be developed as ideal stations

Ø           Aim for 1300 km of gauge conversion in FY10 and to spend Rs.1750 crore for this

Ø          Proposal for 53 new lines

Ø          Aim for 700kms lane doubling in FY10, proposal for doubling 12 lines

Ø          Tatkal period reduced from five days to two days

Ø          No change in freight tariff

Ø          No increase in passenger fares

Ø          To expand Calcutta Metro

Ø          Hiked Railway Budgetary support by Rs 5,000 crore


 

Source: www.premiuminvestments.in (S P Tulsian)

Intraday Trading Calls for 03rd July

Stock Market India may open Negative but recovery expected from lower levels from mid-session.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

POLARIS

Buy Above

106.75

111.45

116.00

Sell Below

104.35

100.20

96.00

REC LTD

Buy Above

175.25

180.15

186.00

Sell Below

172.50

168.25

164.00

POWER GRID

Buy Above

110.70

114.55

120.00

Sell Below

108.35

104.45

100.00

GMR INFRA

Buy Above

140.10

145.20

150.00

Sell Below

137.40

134.15

130.00

RNRL

Buy Above

81.75

84.65

88.00

Sell Below

80.10

77.50

75.00

REL POWER

Buy Above

174.20

179.45

185.00

Sell Below

170.10

166.40

160.00

ROLTA INDIA

Buy Above

128.55

133.75

138.00

Sell Below

126.35

122.15

118.00

GOOD LUCK

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



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