Dear Sir,
Please go through the two attachments of Intraday support-resistance levels of 40 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.
More details http://www.16anna.com
Tuesday, March 30, 2010
Friday, March 26, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note tracking mixed global cues. Wall Street stocks ended mixed yesterday as the market pulled back from 18-month highs after renewed concern about Greece's debt problems. Asian markets were also traded mixed, after US fell as investors took a dim view of a proposed rescue package for debt-stricken Greece. Meanwhile, sustained buying by foreign funds may keep underlying sentiment positive for the domestic bourses.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 238.84 crore, while they bought index options worth Rs 653.74 crore. They were net sellers of stock futures to the tune of Rs 521.31 crore and sold stock options worth Rs 34.50 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open on a subdued note tracking mixed global cues. Wall Street stocks ended mixed yesterday as the market pulled back from 18-month highs after renewed concern about Greece's debt problems. Asian markets were also traded mixed, after US fell as investors took a dim view of a proposed rescue package for debt-stricken Greece. Meanwhile, sustained buying by foreign funds may keep underlying sentiment positive for the domestic bourses.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 238.84 crore, while they bought index options worth Rs 653.74 crore. They were net sellers of stock futures to the tune of Rs 521.31 crore and sold stock options worth Rs 34.50 crore.
More details http://www.16anna.com
Thursday, March 25, 2010
stock news
MARKET TODAY
Indian market is likely to open lower on concerns surrounding the global economic recovery. Wall Street fell yesterday from their 2010 highs as weakness in the housing market and rising European debt loads revived investors' pessimistic view of the economy. Asian stock markets were also trading mostly lower with news of Portugal's credit rating downgrade pressuring sentiment. The Domestic stock market remained close on Wednesday, 24 March 2010, on account of Ram Navmi. Meanwhile, volatility may remain high as trader’s rollover positions in derivatives segment from the March series to the April series ahead of the expiry of the derivatives contracts today, 25 March 2010.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 578.54 crore while sold index options worth Rs 78.78 crore. They were net sellers of stock futures to the tune of Rs 101.53 crore and sold stock options worth Rs 6.78 crore.
More details http://www.16anna.com
Indian market is likely to open lower on concerns surrounding the global economic recovery. Wall Street fell yesterday from their 2010 highs as weakness in the housing market and rising European debt loads revived investors' pessimistic view of the economy. Asian stock markets were also trading mostly lower with news of Portugal's credit rating downgrade pressuring sentiment. The Domestic stock market remained close on Wednesday, 24 March 2010, on account of Ram Navmi. Meanwhile, volatility may remain high as trader’s rollover positions in derivatives segment from the March series to the April series ahead of the expiry of the derivatives contracts today, 25 March 2010.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 578.54 crore while sold index options worth Rs 78.78 crore. They were net sellers of stock futures to the tune of Rs 101.53 crore and sold stock options worth Rs 6.78 crore.
More details http://www.16anna.com
Tuesday, March 23, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open higher due to positive cues from global shores. US stocks rebounded yesterday, hitting fresh 17-month highs, lifted by drug and hospital companies after House lawmakers ended months of uncertainty and approved the health care overhaul bill. Asian stocks were mostly higher after gains on Wall Street as lifted by the safe passage of the US healthcare legislation in the House of Representatives late Sunday. The market may remain volatile as traders rollover positions in derivatives segment from the March 2010 series to the April 2010 series ahead of the expiry of the expiry of the near-month March 2010 derivatives contracts on Thursday, 25 March 2010.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 1,102.31 crore while bought index options worth Rs 1,186.67 crore. They were net sellers of stock futures to the tune of Rs 433.31 crore and sold stock options worth Rs 2 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open higher due to positive cues from global shores. US stocks rebounded yesterday, hitting fresh 17-month highs, lifted by drug and hospital companies after House lawmakers ended months of uncertainty and approved the health care overhaul bill. Asian stocks were mostly higher after gains on Wall Street as lifted by the safe passage of the US healthcare legislation in the House of Representatives late Sunday. The market may remain volatile as traders rollover positions in derivatives segment from the March 2010 series to the April 2010 series ahead of the expiry of the expiry of the near-month March 2010 derivatives contracts on Thursday, 25 March 2010.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 1,102.31 crore while bought index options worth Rs 1,186.67 crore. They were net sellers of stock futures to the tune of Rs 433.31 crore and sold stock options worth Rs 2 crore.
More details http://www.16anna.com
Monday, March 22, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open lower after the Reserve Bank of India (RBI) on Friday 19 March 2010 unexpectedly raised interest rates from record-low levels for the first time since it began cutting in 2008. Asian stock markets opened lower with investors tracking cues from Wall Street and indulging in fairly heavy selling in some blue chip stocks from across various sectors. Japan's markets were closed for the Vernal Equinox public holiday. However, The Reserve Bank of India (RBI) has hiked the repo and reverse repo rate by 25 basis points on Friday to mark a reversal of its easy monetary policy regime to tame inflation and anchor inflationary expectations. The new repo and reverse repo rate is 5% and 3.5%, respectively. The hike comes into effect immediately.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 32.25 crore, while they bought index options worth Rs 503.72 crore. They were net sellers of stock futures to the tune of Rs 120.86 crore and sold stock options worth Rs 10.93 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open lower after the Reserve Bank of India (RBI) on Friday 19 March 2010 unexpectedly raised interest rates from record-low levels for the first time since it began cutting in 2008. Asian stock markets opened lower with investors tracking cues from Wall Street and indulging in fairly heavy selling in some blue chip stocks from across various sectors. Japan's markets were closed for the Vernal Equinox public holiday. However, The Reserve Bank of India (RBI) has hiked the repo and reverse repo rate by 25 basis points on Friday to mark a reversal of its easy monetary policy regime to tame inflation and anchor inflationary expectations. The new repo and reverse repo rate is 5% and 3.5%, respectively. The hike comes into effect immediately.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 32.25 crore, while they bought index options worth Rs 503.72 crore. They were net sellers of stock futures to the tune of Rs 120.86 crore and sold stock options worth Rs 10.93 crore.
More details http://www.16anna.com
Friday, March 19, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note following mixed global cues. US ended mixed yesterday as fresh jobs and inflation data came nearly within expectations, underscoring a fragile economic recovery. Asian stock markets were mostly higher with investors picking up stocks following the overnight modest rise of the Dow on Wall Street. However, sustained buying by foreign funds and an upgrade of India's rating outlook by Standard & Poor's Ratings Services are the other factors that may lift sentiment.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 106.45 crore while bought index options worth Rs 1,171.1 crore. They were net buyers of stock futures to the tune of Rs 43 crore while sold stock options worth Rs 1.55 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open on a subdued note following mixed global cues. US ended mixed yesterday as fresh jobs and inflation data came nearly within expectations, underscoring a fragile economic recovery. Asian stock markets were mostly higher with investors picking up stocks following the overnight modest rise of the Dow on Wall Street. However, sustained buying by foreign funds and an upgrade of India's rating outlook by Standard & Poor's Ratings Services are the other factors that may lift sentiment.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 106.45 crore while bought index options worth Rs 1,171.1 crore. They were net buyers of stock futures to the tune of Rs 43 crore while sold stock options worth Rs 1.55 crore.
More details http://www.16anna.com
Thursday, March 18, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open flat-to-positive note as mixed Asian stocks. Wall Street posted modest gains after a tame inflation report eased fears of interest rate hikes a day after the Federal Reserve issued a slightly better economic outlook. Asian stock markets Open flat and a subsequent fall due to profit taking, ignoring the gains on US. However, volatility may prevail as investors chose to take profits as the markets already in overbought zone. Meanwhile, sustained buying by foreign funds may keep underlying sentiment positive.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 874.22 crore and bought index options worth Rs 799.09 crore. However, they were net sellers of stock futures to the tune of Rs 117.5 crore and sold stock options worth Rs 24.51 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open flat-to-positive note as mixed Asian stocks. Wall Street posted modest gains after a tame inflation report eased fears of interest rate hikes a day after the Federal Reserve issued a slightly better economic outlook. Asian stock markets Open flat and a subsequent fall due to profit taking, ignoring the gains on US. However, volatility may prevail as investors chose to take profits as the markets already in overbought zone. Meanwhile, sustained buying by foreign funds may keep underlying sentiment positive.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 874.22 crore and bought index options worth Rs 799.09 crore. However, they were net sellers of stock futures to the tune of Rs 117.5 crore and sold stock options worth Rs 24.51 crore.
More details http://www.16anna.com
Wednesday, March 17, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to extend yesterdays gains on the back of higher global markets after US Federal Reserve leave key rates unchanged. Wall Street ended higher yesterday as investors cheered the Federal Reserve's pledge to keep interest rates low for an extended period after a policy meeting. Asian stock markets traded higher, cheered by a rise in U.S. shares to a 17-month high after the Federal Reserve's decision to leave key rates unchanged. However, sustained buying by foreign funds may also keep underlying sentiment positive for the domestic bourses, but volatility may prevail due to profit taking.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 375.44 crore while bought index options worth Rs 946.02 crore. They were net buyers of stock futures to the tune of Rs 156.8 crore while sold stock options worth Rs 18.68 crore.
More details http://www.16anna.com
Key benchmark indices are likely to extend yesterdays gains on the back of higher global markets after US Federal Reserve leave key rates unchanged. Wall Street ended higher yesterday as investors cheered the Federal Reserve's pledge to keep interest rates low for an extended period after a policy meeting. Asian stock markets traded higher, cheered by a rise in U.S. shares to a 17-month high after the Federal Reserve's decision to leave key rates unchanged. However, sustained buying by foreign funds may also keep underlying sentiment positive for the domestic bourses, but volatility may prevail due to profit taking.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 375.44 crore while bought index options worth Rs 946.02 crore. They were net buyers of stock futures to the tune of Rs 156.8 crore while sold stock options worth Rs 18.68 crore.
More details http://www.16anna.com
Tuesday, March 16, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open flat due to mixed global cues. US stocks ended mixed yesterday as investors turned cautious ahead of the Federal Reserve's meeting on interest rates. Asian stock markets were making modest gains after Wall Street ended a mixed finish. However, market is likely to continue to be rangebound as investors awaiting the outcome of the U.S. Federal Open Market Committee meeting later in the day. Continued buying by foreign funds and reports that corporate advance tax payments for the fourth quarter have grown by about 20% year-over-year may also boost sentiment.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 270.13 crore and sold index options worth Rs 157.29 crore. However, they were net buyers of stock futures to the tune of Rs 51.64 crore while sold stock options worth Rs 3.91 crore.
More detraisl http://www.16anna.com
Key benchmark indices are likely to open flat due to mixed global cues. US stocks ended mixed yesterday as investors turned cautious ahead of the Federal Reserve's meeting on interest rates. Asian stock markets were making modest gains after Wall Street ended a mixed finish. However, market is likely to continue to be rangebound as investors awaiting the outcome of the U.S. Federal Open Market Committee meeting later in the day. Continued buying by foreign funds and reports that corporate advance tax payments for the fourth quarter have grown by about 20% year-over-year may also boost sentiment.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 270.13 crore and sold index options worth Rs 157.29 crore. However, they were net buyers of stock futures to the tune of Rs 51.64 crore while sold stock options worth Rs 3.91 crore.
More detraisl http://www.16anna.com
Monday, March 15, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note following weak Asian peers. Asian stock markets turned lower after a higher open, focus on the U.S. Federal Reserve's policy review meeting this week, with a section of investors turning cautious and taking some profits. Meanwhile, the investors will keenly watch March quarter advance tax payment numbers of India Inc due today. However, the government will announce the February 2010 inflation data by noon today.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 47.94 crore while bought index options worth Rs 677.2 crore. However, they were net sellers of stock futures to the tune of Rs 207.26 crore while bought stock options worth Rs 2.47 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open on a subdued note following weak Asian peers. Asian stock markets turned lower after a higher open, focus on the U.S. Federal Reserve's policy review meeting this week, with a section of investors turning cautious and taking some profits. Meanwhile, the investors will keenly watch March quarter advance tax payment numbers of India Inc due today. However, the government will announce the February 2010 inflation data by noon today.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 47.94 crore while bought index options worth Rs 677.2 crore. However, they were net sellers of stock futures to the tune of Rs 207.26 crore while bought stock options worth Rs 2.47 crore.
More details http://www.16anna.com
Saturday, March 13, 2010
stock news
MARKET SUMMARY
The indices closed on a flat note as volatility persists across the major indices at the final hours. Positive IIP date further renewed the fears of a possible rate hike by RBI. Though it entered the positive zone on a few occasions, but they could not sustain it for long. From the sectoral front buying was seen in Metal, Oil & Gas and Auto stocks. However, Realty, CG and Power contributed to most of the selling pressure. BSE Midcap and Smallcap stocks also closed with losses. The BSE Sensex closed on a flat note at 17,166.62, down by 1.34 points while NSE Nifty ended higher by 3.60 points at 5,137. BSE Midcap and Small cap closed with loss of 15.25 and 37.84 points at 6,700.85 and 8,432.50 respectively. The BSE Sensex touched intraday high of 17,244.54 and intraday low of 17,126.93.
More details http://www.16anna.com
The indices closed on a flat note as volatility persists across the major indices at the final hours. Positive IIP date further renewed the fears of a possible rate hike by RBI. Though it entered the positive zone on a few occasions, but they could not sustain it for long. From the sectoral front buying was seen in Metal, Oil & Gas and Auto stocks. However, Realty, CG and Power contributed to most of the selling pressure. BSE Midcap and Smallcap stocks also closed with losses. The BSE Sensex closed on a flat note at 17,166.62, down by 1.34 points while NSE Nifty ended higher by 3.60 points at 5,137. BSE Midcap and Small cap closed with loss of 15.25 and 37.84 points at 6,700.85 and 8,432.50 respectively. The BSE Sensex touched intraday high of 17,244.54 and intraday low of 17,126.93.
More details http://www.16anna.com
Friday, March 12, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open flat with mixed Asian peers. Wall Street stocks ended higher yesterday to lift the Nasdaq and S&P 500 to 18-month highs after the head of Citigroup, Vikram Pandit, said he was sure the major bank was on track for a sustainable recovery. Asian stock markets traded mixed with investors picking up stocks on hopes the economy is improving fairly well. However, all eyes will be focused on the Index of Industrial Production (IIP) data will be released today. Industrial output is expected to have risen 16.65 percent in January from a year earlier.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 945.84 crore and bought index options worth Rs 335.24 crore. However, they were net sellers of stock futures to the tune of Rs 308.24 crore and sold stock options worth Rs 2.74 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open flat with mixed Asian peers. Wall Street stocks ended higher yesterday to lift the Nasdaq and S&P 500 to 18-month highs after the head of Citigroup, Vikram Pandit, said he was sure the major bank was on track for a sustainable recovery. Asian stock markets traded mixed with investors picking up stocks on hopes the economy is improving fairly well. However, all eyes will be focused on the Index of Industrial Production (IIP) data will be released today. Industrial output is expected to have risen 16.65 percent in January from a year earlier.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 945.84 crore and bought index options worth Rs 335.24 crore. However, they were net sellers of stock futures to the tune of Rs 308.24 crore and sold stock options worth Rs 2.74 crore.
More details http://www.16anna.com
Wednesday, March 10, 2010
stock news
Dear Sir,
Please go through the two attachments of Intraday support-resistance levels of 40 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.
More details http://www.16anna.com
Please go through the two attachments of Intraday support-resistance levels of 40 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.
More details http://www.16anna.com
Tuesday, March 9, 2010
stock news
Dear Sir,
Please go through the two attachments of Intraday support-resistance levels of 40 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.
More details http://www.16anna.com
Please go through the two attachments of Intraday support-resistance levels of 40 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.
More details http://www.16anna.com
Monday, March 8, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open higher after global stock indexes climbed more than 1 percent, boosted by better than expected U.S. jobs data. Asian stocks were trading firmly higher, as encouraging U.S. job and consumer data reinforced views that the world's largest economy is slowly but steadily recovering, fueling a move into riskier assets and out of safe havens like the yen. However, sustained buying by foreign funds may also keep underlying sentiment positive, but volatility may prevail due to profit taking.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 78.37 crore and bought index options worth Rs 271.29 crore. Howevr, they were net sellers of stock futures to the tune of Rs 160.01 crore and sold stock options worth Rs 31.57 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open higher after global stock indexes climbed more than 1 percent, boosted by better than expected U.S. jobs data. Asian stocks were trading firmly higher, as encouraging U.S. job and consumer data reinforced views that the world's largest economy is slowly but steadily recovering, fueling a move into riskier assets and out of safe havens like the yen. However, sustained buying by foreign funds may also keep underlying sentiment positive, but volatility may prevail due to profit taking.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 78.37 crore and bought index options worth Rs 271.29 crore. Howevr, they were net sellers of stock futures to the tune of Rs 160.01 crore and sold stock options worth Rs 31.57 crore.
More details http://www.16anna.com
Saturday, March 6, 2010
stock news
MARKET SUMMARY
The markets exhibited volatility in today’s trade oscillating between the red and green before finally managing to close in the green. Positive cues from the European indices supported the sentiments towards the later half of the trading session. The benchmark indices opened on a firm note tracking positive Asian stocks and on the reports of the collections of direct tax during April to February 2010 of the current financial year which surged by 7.52 %. From the sectoral front, most of the buying was seen in Realty, Teck, HC and FMCG stocks. PSU and CD stocks faced selling pressure. BSE Midcap and Smallcap stocks too closed with gain. The BSE Sensex closed higher by 22.79 points at 16,994.49 and NSE Nifty ended higher by 8.45 points at 5,088.70. BSE Midcap and Small cap closed with gains of 41.56 and 69.32 points at 6,735.49 and 8,499.64 respectively. The Sensex touched intraday high of 17,097.71 and intraday low of 16,936.12.
More details http://www.16anna.com
The markets exhibited volatility in today’s trade oscillating between the red and green before finally managing to close in the green. Positive cues from the European indices supported the sentiments towards the later half of the trading session. The benchmark indices opened on a firm note tracking positive Asian stocks and on the reports of the collections of direct tax during April to February 2010 of the current financial year which surged by 7.52 %. From the sectoral front, most of the buying was seen in Realty, Teck, HC and FMCG stocks. PSU and CD stocks faced selling pressure. BSE Midcap and Smallcap stocks too closed with gain. The BSE Sensex closed higher by 22.79 points at 16,994.49 and NSE Nifty ended higher by 8.45 points at 5,088.70. BSE Midcap and Small cap closed with gains of 41.56 and 69.32 points at 6,735.49 and 8,499.64 respectively. The Sensex touched intraday high of 17,097.71 and intraday low of 16,936.12.
More details http://www.16anna.com
Thursday, March 4, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to open on a subdued note after a three-day winning streak, on the back of weak global cues. Wall Street ended flat yesterday as the Federal Reserve reported a modest economic recovery on improvement in consumer spending and a bleak labour market outlook. Asian stock markets were mostly lower in the early trade, following US markets negative lead overnight and a lack of positive triggers from the home front forcing investors to tread a cautious path. Meanwhile, Reliance Industries report that the company has no plans to increase its bid for bankrupt chemicals maker LyondellBasell Industries AF after creditors rejected a $14.5 billion offer. However, market to remain volatile and profit booking is likely to pull market lower after third straight sessions of gains.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 814 crore, while they bought index options worth Rs 1486.50 crore. They were net buyers of stock futures to the tune of Rs 637.65 crore and bought stock options worth Rs 43.08 crore.
More details http://www.16anna.com
Key benchmark indices are likely to open on a subdued note after a three-day winning streak, on the back of weak global cues. Wall Street ended flat yesterday as the Federal Reserve reported a modest economic recovery on improvement in consumer spending and a bleak labour market outlook. Asian stock markets were mostly lower in the early trade, following US markets negative lead overnight and a lack of positive triggers from the home front forcing investors to tread a cautious path. Meanwhile, Reliance Industries report that the company has no plans to increase its bid for bankrupt chemicals maker LyondellBasell Industries AF after creditors rejected a $14.5 billion offer. However, market to remain volatile and profit booking is likely to pull market lower after third straight sessions of gains.
According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 814 crore, while they bought index options worth Rs 1486.50 crore. They were net buyers of stock futures to the tune of Rs 637.65 crore and bought stock options worth Rs 43.08 crore.
More details http://www.16anna.com
Wednesday, March 3, 2010
stock news
MARKET SUMMARY
The markets made a strong move upwards tracking favorable global cues and maintained it all through out the day and closed firmly in the green. The government’s plans to bring down the fiscal deficit in the next 2 financial years boosted the sentiments of the investors. Exports of India rose at an annual 11.5 percent in January to $14.3 billion and this is the third consecutive rise after 13 straight months of decline.
All the sectoral indices ended in green led by Auto index (up 4.29%) followed by Metal (up 3.92%), Bankex (up 2.29%) and FMCG (2.13%). The BSE Sensex closed higher by 343.01 points at 16,772.56 and NSE Nifty ended higher by 94.70 points at 5,017. BSE Midcap and Small cap closed with gains of 140.84 and 188.16 points at 6,538.66 and 8,255.56 respectively. The BSE Sensex touched intraday high of 16,808.49 and intraday low of 16,438.45.
More details http://www.16anna.com
The markets made a strong move upwards tracking favorable global cues and maintained it all through out the day and closed firmly in the green. The government’s plans to bring down the fiscal deficit in the next 2 financial years boosted the sentiments of the investors. Exports of India rose at an annual 11.5 percent in January to $14.3 billion and this is the third consecutive rise after 13 straight months of decline.
All the sectoral indices ended in green led by Auto index (up 4.29%) followed by Metal (up 3.92%), Bankex (up 2.29%) and FMCG (2.13%). The BSE Sensex closed higher by 343.01 points at 16,772.56 and NSE Nifty ended higher by 94.70 points at 5,017. BSE Midcap and Small cap closed with gains of 140.84 and 188.16 points at 6,538.66 and 8,255.56 respectively. The BSE Sensex touched intraday high of 16,808.49 and intraday low of 16,438.45.
More details http://www.16anna.com
Tuesday, March 2, 2010
stock news
MARKET TODAY
Key benchmark indices are likely to extend Friday's gains as global cues are supportive. Wall Street stocks jumped yesterday, to their highest levels in more than a month after corporate buyouts raised hopes about the economy. Asian stock markets were trading mixed, with financials dragging the Hong Kong market lower while Australia and S.Korea were supported by gains on Wall Street as global investors held out hope that a bailout will materialize for debt-ridden Greece. Meanwhile, Cement, auto and steel companies are likely to remain in focus as they announce sales and shipments fugues for February. Market had remained closed on Monday 1 March 2010 on account of Holi festival.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 1,559.83 crore and bought index options worth Rs 258.03 crore. However, they were net sellers of stock futures to the tune of Rs 347.58 crore and sold stock options worth Rs 37.48 crore.
More details http://www.16anna.com
Key benchmark indices are likely to extend Friday's gains as global cues are supportive. Wall Street stocks jumped yesterday, to their highest levels in more than a month after corporate buyouts raised hopes about the economy. Asian stock markets were trading mixed, with financials dragging the Hong Kong market lower while Australia and S.Korea were supported by gains on Wall Street as global investors held out hope that a bailout will materialize for debt-ridden Greece. Meanwhile, Cement, auto and steel companies are likely to remain in focus as they announce sales and shipments fugues for February. Market had remained closed on Monday 1 March 2010 on account of Holi festival.
According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 1,559.83 crore and bought index options worth Rs 258.03 crore. However, they were net sellers of stock futures to the tune of Rs 347.58 crore and sold stock options worth Rs 37.48 crore.
More details http://www.16anna.com
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