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Trade4target : Today Stock Tips : Scripscan:Galaxy Entertainment Corporation Ltd Bse Code:506186 Cmp:31 rs Target:No targets as returns can be huge. Portfolio Allocation:2-3% History:The company much earlier was controlled by the Chatterjee group of Haldia petro fame and run by one Satish Chunder, a former banker from Citibank.Unfortunately,Chunder died suddenly and the company became rudderless.The company changed hands in early 2006; one of the largest and most experienced organised retailing chains, Pantaloon, bought 15.73% stake in it. It also amalgamated Pan India Restaurants with itself which had food courts.Mumbai-based real-estate firm Phoenix Mills holds a 27 percent stake in Galaxy.Few papers reported the phoenix stake to be higher at 34%.No clue about it though as my figures are based on the SHP of the company. Trade4target is advisory company of stock market.

Big week for economic reports. Clue to recession or no recession! Look for sell off at open, but odds favor traders' rally starting after 10:45.