Saturday, January 30, 2010

stock news

MARKET SUMMARY
The markets exhibited significant optimism even on the back of the RBI raising the CRR by 75 basis points today. Though the markets reacted negatively on getting the news, but they shrugged it off and moved into green territory towards the later half of the session and closed up. The markets had opened on a negative note tracking global cues. From the sectoral front, most of the buying was witnessed in Realty, Bank, Power and Capital Goods stocks. BSE Midcap and Smallcap stocks also remained on buyer’s radar. FMCG, Metal and Teck stocks witnessed selling pressure. The Sensex closed slightly higher by 51.09 points at 16,357.96 and NSE Nifty ended marginally up by 14.80 points at 4,882.05. BSE Midcap and Smallcap closed with gains of 65.29 and 97.79 points at 6,509.80 and 8,232.68 respectively. The Sensex touched intraday high of 16,390.31 and intraday low of 15,982.08.
More details http://www.16anna.com

Friday, January 29, 2010

stock news

MARKET TODAY




Key benchmark indices are likely to open lower on the back of weak global cues. US stocks fell yesterday as disappointing forecasts from technology companies brought new concerns about the economy. Asian stock markets also struggled, following the negative lead from Wall Street as poor earnings outlooks for a few U.S. companies dented optimism about a recovery in the world's biggest economy. Investors may remain cautious ahead of Reserve Bank of India's quarterly monetary policy due to be announced today. Market men expect that RBI will hike cash reserve ratio (CRR) requirements by 50 basis points in its monetary policy review scheduled to be announced today, 29 January 2010.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 1590 crore, while they sold index options worth Rs 693.68 crore. They were net buyers of stock futures to the tune of Rs 1089.40 crore and bought stock options worth Rs 82 crore.
More details http://www.16anna.com

Wednesday, January 27, 2010

stock news

MARKET TODAY



Market is likely to open gap-down as it catches up with Tuesday's big sell-off across Asia after remaining shut for a public holiday on Tuesday, 26 Jan 2010. Wall Street closed slightly lower yesterday as investors suffered another bout of anxiety over President Barack Obama's plan to regulate banks. Asian stocks markets traded mixed ahead of a series of important events including the Federal Reserve's policy announcement. Trading is likely to remain volatile before the Thursday's expiry of current month derivative contracts and the RBI's monetary policy meet due on Friday.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 234.62 crore, while they sold index options worth Rs 361.48 crore. They were net buyers of stock futures to the tune of Rs 142.87 crore, while they sold stock options worth Rs 1.12 crore.
More details http://www.16anna.com

Friday, January 22, 2010

stock news

MARKET TODAY



Key benchmark indices are likely to gap-down open due to extremely weak global cues following the Obama administration announcing a new plan to curb risk. Wall Street stocks tumbled yesterday, after US President Barack Obama unveiled plans to limit the size and scope of US banks and finance firms. Asian stock markets also traded in deep red, with investors tracking Wall Street cues and dumping stocks cutting across various sectors. Among the key Q3 December 2009 results for the day include Bharti Airtel, Reliance Industries, ITC, Punj Lloyd and Tech Mahindra.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 3881.79 crore, while they bought index options worth Rs 2010.76 crore. They were net sellers of stock futures to the tune of Rs 411.40 crore and bought stock options worth Rs 20.73 crore.
More details http://www.16anna.com

Thursday, January 21, 2010

Wednesday, January 20, 2010

stock news

MARKET TODAY


Key benchmark is likely to open positive tracking international cues. Asian markets traded mixed after Japan Airlines filed for bankruptcy protection as it battles to overcome crippling debts, despite the one percent gain across the major indices on Wall Street overnight. India's third largest IT services exporter, Wipro has declared its third quarter results of FY10. It has reported a jump of 4.76% in its consolidated net profit of Rs 1,217 crore in Q3FY10 as against Rs 1,161.7 crore, (QoQ). The company's consolidated revenues increased 0.71% to Rs 6,966 crore versus Rs 6,917 in the previous quarter. Meanwhile, another Index heavyweight, HDFC will announce its Q3 December 2009 result today.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 682.19 crore, while they bought index options worth Rs 547.39 crore. They were net sellers of stock futures to the tune of Rs 116.12 crore and sold stock options worth Rs 21.98 crore.
More details http://www.16anna.com

Tuesday, January 19, 2010

stock news

MARKET TODAY


Indian market is likely open lower, weighed down by weak Asian markets. Asian stock markets were trading mixed due to the absence of a trading lead from Wall Street as U.S. markets were closed yesterday for the Martin Luther King Day holiday. However, stock-specific action is expected to continue as India Inc declares earnings for the last quarter.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 252.02 crore, while they bought index options worth Rs 378.68 crore. They were net sellers of stock futures to the tune of Rs 100.16 crore and bought stock options worth Rs 13.68 crore.
More details http://www.16anna.com

Monday, January 18, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open lower, taking cues from weak global stocks after disappointing earnings from JPMorgan Chase & Co. Asian stock markets traded mostly in the red, with bank shares retreating after JPMorgan Chase on Friday reported deep fourth-quarter loan losses, raising concerns about bank profits and sending Wall Street lower. Meanwhile, stock and sector-specific activity may dominate trade on expectations of quarterly results.

According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 252.06 crore while bought index options worth Rs 1,031.99 crore. They were net sellers of stock futures to the tune of Rs 76.56 crore while bought stock options worth Rs 6.54 crore.
More details http://www.16anna.com

Saturday, January 16, 2010

stock news

MARKET SUMMARY
The markets ended the day on a dull note on the back of selective profit booking on some indices. As this is the results season investors preferred to stay cautious. On the sectoral front Oil & Gas, Capital Goods, Metal and Consumer Durables stocks witnessed most of the selling while PSU, Realty and FMCG stocks remained on buyer’s radar. The Sensex closed marginally lower by 30.57 points at 17,554.30 and NSE Nifty ended slightly down by 7.70 points at 5,252.20. BSE Midcap and BSE Smallcap closed with gains of 20.76 and 35.59 points at 7,050.41 and 8,970.46 respectively. The Sensex touched intraday high of 17,639.85 and intraday low of 17,529.11.

More details http://www.16anna.com

Thursday, January 14, 2010

stock news

MARKET TODAY

Key benchmark is likely to open positive tracking international cues. US stocks ended higher yesterday as investor optimism about corporate earnings revived following a disappointing start of the results season. Asian markets were also making gains in early trade following the positive lead on Wall Street overnight. However, Traders will also keenly watch the monthly inflation data which is scheduled today.

According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 716.22 crore while bought index options worth Rs 564.79 crore. They were net sellers of stock futures to the tune of Rs 680.33 crore while bought stock options worth Rs 6.89 crore.
More details http://www.16anna.com

Wednesday, January 13, 2010

stock news

Dear Sir,

Please go through the two attachments of Intraday support-resistance levels of 50 most liquid scrips. This list also be AVAILABLE in our website (www.16anna.com/specialnotes.aspx) .

We think it will be very useful for you to trade in this extreme volatile market condition. Please read "how to use" before you act on it.

Tuesday, January 5, 2010

stock news

MARKET TODAY
Key benchmark is likely to open higher on optimism the global economic recovery is sustainable. Wall Street staged a strong rally yesterday to open the new year, with sentiment boosted by a global market rally that was helped by corporate deal-making and upbeat economic news from the US and China. Asian market also traded higher with the overnight rally on Wall Street and economic optimism lifting sentiment to a significant extent.

According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 45.63 crore while bought index options worth Rs 229.61 crore. They were net sellers of stock futures to the tune of Rs 257.37 crore while bought stock options worth Rs 22.85 crore.
More details http://www.16anna.com

Monday, January 4, 2010

stock news

MARKET TODAY
Key benchmark is likely to open higher on the back of positive Asian cues and encouraging news flow on the domestic front. Data showing a surge in exports in November 2009 may also support market. From today, 4 January 2010, trading starts at 9:00 IST and will end at 15:30 IST, as the stock exchanges have decided to extend trading hours by 55 minutes.

According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 59.79 crore and sold index options worth Rs 195.33 crore. They were net sellers of stock futures to the tune of Rs 342.74 crore and sold stock options worth Rs 17.2 crore.

More details http://www.16anna.com