Thursday, June 17, 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

Wednesday, June 16, 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

Thursday, June 3, 2010

stock news

Key benchmark indices are likely to see further upside mirroring strong global cues on the back of upbeat data on the U.S housing

market and car sales. Wall Street Stocks closed higher following an encouraging pending home sales data and some bargain hunting

prompted buying interest in equities. Asian market is trading positive, as a rally on Wall Street which saw the Dow surge more than

200 points.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 174.8 crore, while

they bought index options worth Rs 883.33 crore. They were net buyers of stock futures to the tune of Rs 390 crore and bought stock

options worth Rs 134.66 crore.

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

Wednesday, May 26, 2010

stock news

Key benchmark indices are likely to rebound after hitting 3-1/2 month low, tracking recovery in Asian stocks. Asian markets traded

higher, after Wall Street rebound to their lowest level, helping U.S. indices end mostly flat after first falling more than 3 percent on

growing questions about the stability of the European banking system. However, volatility may remain high as traders roll over

positions in the derivatives segment for May 2010 series on Thursday, 27 May 2010.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 568.43 crore, while

they bought index options worth Rs 1482.89 crore. They were net buyers of stock futures to the tune of Rs 159.42 crore and sold

stock options worth Rs 35.6 crore.

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

Tuesday, May 25, 2010

stock news

Key benchmark indices are likely to open on a subdued note, weighed by weak global cues. Wall Street slumped yesterday as fears

over both Europe and the stability of US banks trumped good news out of the housing market. Asian markets tumbled, as worries

that the euro zone's troubles might spread kept investors wary about holding riskier assets. Volatility may remain high as traders roll

over positions in the derivatives segment for May 2010 series on Thursday, 27 May 2010.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 280.08 crore, while

they bought index options worth Rs 717.84 crore. They were net buyers of stock futures to the tune of Rs 827.88 crore and sold stock

options worth Rs 10.27 crore.

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

Monday, May 24, 2010

stock news

Key benchmark indices are likely to open higher tracking the strength across global markets. Asian stocks markets were mostly

higher but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump on Wall Street.

However, volatility cannot be ruled out as traders may roll over positions in the derivatives segment from May 2010 series to June

2010 series ahead of the expiry of the near-month May 2010 contracts on Thursday, 27 May 2010. Meanwhile, Ambani brothers took

a step towards reconciliation in their long-running feud on the weekend, which could lift the shares of their companies.

According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 551.57 crore while

bought index options worth Rs 300.26 crore. They were net buyers of stock futures to the tune of Rs 468.15 crore while sold stock

options worth Rs 111.44 crore.

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

Friday, May 21, 2010

stock news

Key benchmark indices are likely to gap-down open following disastrous global cues, and gloomy economic data from the US. Wall
Street slumped yesterday on European debt concerns and bearish US economic data, with the Dow index tumbling more than three
percent for its biggest drop in more than a year. Asian markets suffered heavy losses as worries over the euro zone debt crisis and its
negative impact on the global economic recovery sent investors heading for the exit.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 781.06 crore, and
they sold index options worth Rs 349.96 crore. They were net buyers of stock futures to the tune of Rs 887.77 crore and bought stock
options worth Rs 21.64 crore.
More details http://www.16anna.com

Tuesday, May 18, 2010

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

Monday, May 17, 2010

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

Thursday, May 13, 2010

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

Wednesday, May 12, 2010

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

Tuesday, May 11, 2010

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

Monday, May 10, 2010

stock news

Key benchmark indices may extend losses for the fourth straight day tracking weak global cues. Wall Street Stocks plunged further
yesterday, extending losses from a day earlier as deadly riots in Greece and continued eurozone fears shook markets. Asian stock
markets traded lower following the setback suffered by global markets over the past few sessions amid renewed concerns about
Greece's financial worries. Meanwhile, The Supreme Court in the next few days is likely to deliver its verdict on the gas pricing and
supply dispute between energy companies RIL and RNRL, which have seen their share valuations erode as the judgment day nears.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1039.14 crore,
while they bought index options worth Rs 2684.22 crore. They were net buyers of stock futures to the tune of Rs 0.82 crore and sold
stock options worth Rs 15.72 crore.
More details http://www.16anna.com

Friday, May 7, 2010

stock news

RELIANCE INDUSTRIES LTD. – Downside Limited…..Court Verdict to decide Upside Potential

RIL’s ongoing litigation with RNRL and NTPC for supply of 40 mmscmd volumes of gas at US$2.34/mmbtu could have a major impact on its valuation. The worst-case scenario for RIL would be if it would have to supply RNRL gas at a price of US$2.34/mmbtu and also the Government will continue to charge its levies at the price of $4.2/mmbtu, which would be a double blow on the earnings of RIL. This would have a negative impact of around 5-8% on RIL’s FY12 EPS. The stock has corrected significantly (more than Rs. 100/share) post the speculation over the outcome of the case. We thus believe the market participants have already priced in the negative outcome and any correction beyond the current level offers a strong investment opportunity.

If the Court verdict goes in favor of RIL, we give the Company a 1 year price target of Rs.1190/share. Any verdict against RIL, will make our target price reduced by 10% to Rs.1070/share. However, we feel, at a range of Rs.960-980, the stock offers a perfect long term buy.

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

Tuesday, May 4, 2010

stock news

Key benchmark indices are likely to open flat after a sell-off in the previous session. Wall Street markets ended positive as the US
reported another rise in consumer spending and data pointed to a further economic recovery. Asian stock markets traded higher as
strong US data drove confidence that the economic recovery is gaining pace. Japan remains closed for the Golden Week holidays.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 985.09 crore while
bought index options worth Rs 1,707.23 crore. However, they were net sellers of stock futures to the tune of Rs 392.30 crore while
bought stock options worth Rs 107.96 crore.
More details http://www.16anna.com

Monday, May 3, 2010

stock news

Key benchmark indices are likely to open on a subdued note, weighed by Wall Street's sharp losses Friday on news of a criminal probe
into Goldman Sachs' trading practices. Asian shares were lower, after US stocks were stung by news of a criminal probe into Goldman
Sachs but trading was quiet overall with Japan and China closed for public holidays. Meanwhile, HDFC will announce its Q4 result
today, 3 May 2010. The company's board will also consider stock-split proposal.
According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 4.39 crore while
bought index options worth Rs 1,403.18 crore. They were net buyers of stock futures to the tune of Rs 323.80 crore while sold stock
options worth Rs 39.47 crore.
More details http://www.16anna.com

Thursday, April 29, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open flat to higher, taking cues from overnight gains on Wall Street after the Federal Reserve pledged to keep interest rates low for an extended period. Wall Street ended positive territory after the Fed left interest rates unchanged and another batch of upbeat earnings reports. Asian stocks traded mixed amid light trading volume despite a positive close on Wall Street overnight with Japan closed for the Golden Week celebrations. On the domestic front, traders await food inflation data due around noon for clues on interest rates and monetary policy. Moreover, the F&O expiry for the April series expires today which will keep the volatility.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 864.43 crore, while they bought index options worth Rs 602.97 crore. They were net sellers of stock futures to the tune of Rs 924.32 crore and bought stock options worth Rs 192 crore
More details http://www.16anna.com

Monday, April 26, 2010

stock news

Key benchmark indices are likely to open higher on tracking the strength across global markets. Asian markets traded higher, on easing concerns over fiscally strapped Greece, after Athens turned to the European Union and the International Monetary Fund for a bailout on Friday. However, Reliance Industries may see some weakness as earnings performance in Q4FY10, which came in below street expectations. Meanwhile, forecast of a normal monsoon this year may further aid investor sentiment.



According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 66.28 crore while sold index options worth Rs 45.2 crore. They were net buyers of stock futures to the tune of Rs 345.01 crore while sold stock options worth Rs 7.52 crore.
More details http://www.16anna.com

Thursday, April 22, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open on a subdued note following weak cues from the Asian peers. Wall Street ended mixed yesterday as the Dow and Nasdaq fought off red ink with a fresh batch of positive earnings reports. Asian stock markets tumbled in the morning trade as investors indulging in some heavy profit taking after recent strong gains with tech stocks were leading the broader market lower. However, expectations of good fourth quarter result by India Inc should limit the fall.


According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 374.73 crore, while they bought index options worth Rs 363.46 crore. They were net buyers of stock futures to the tune of Rs 535.45 crore and sold stock options worth Rs 50.90
More details http://www.16anna.com

Wednesday, April 21, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open higher on positive global cues with good earnings reports boosting sentiment. Wall Street ended higher after investors got the numbers they wanted from first-quarter earnings reports. Asian stocks were trading higher, after solid earnings reports in the US paint a bright picture of corporate profitability. However, improved earnings from India Inc for the fourth quarter and strong global cues may help the Indian market sustain its positive momentum.



According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 430.20 crore, while they sold index options worth Rs 82.52 crore. They were net buyers of stock futures to the tune of Rs 584.77 crore and sold stock options worth Rs 15.98 crore.
More details http://www.16anna.com

Tuesday, April 20, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open higher as investor sentiment across the globe turned better on hopes of better earnings declaration. Wall Street ended mixed finish yesterday, with solid bank earnings largely trumping uncertainty caused by fraud charges against top Wall Street bank Goldman Sachs. Asian stock markets traded higher tracking gains on Wall Street, with financial and airline stocks recovering some of their prior session losses. However, better-than-expected results from India's largest software exporter TCS, two-wheeler maker Hero Honda Motors and iron-ore exporter Sesa Goa give some support for today’s trade. Meanwhile, investors eagerly look forward to RBI's rate decision due around noon today.


According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 829.2 crore, while they bought index options worth Rs 815.13 crore. They were net sellers of stock futures to the tune of Rs 118.73 crore and sold stock options worth Rs 15.17 crore.
More details http://www.16anna.com

Monday, April 19, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to gap-down after the U.S. Securities and Exchange Commission charged Goldman Sachs with fraud. Asian stock markets tumbled in the morning trade with investors indulging in some heavy selling across the board following a setback on Wall Street last Friday on the back of the U.S Securities and Exchange Commission slapping fraud charges on Goldman Sachs. Meanwhile, the Reserve Bank of India is likely to seen raising key short term interest rates by 25 to 50 basis points at a policy review on Tuesday, 20 April 2010 also give negative sentiment for the domestic bourses.



According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 1,060.99 crore while bought index options worth Rs 265.15 crore. However, they were net sellers of stock futures to the tune of Rs 278.02 crore and sold stock options worth Rs 21.16 crore.
More details http://www.16anna.com

Friday, April 16, 2010

stock news

MARKET TODAY
Key benchmark indices are likely to open on a subdued note following weak cues from the Asian peers. Wall Street stock ended higher yesterday after an encouraging earnings forecast from UPS and stronger manufacturing figures gave the stock market its sixth straight advance. Asian stock markets traded lower despite gains on Wall Street which saw the Dow close higher for a sixth straight session. India's annual rate of inflation, based on the wholesale prices, increased slightly to 9.9 percent in March from 9.89 percent, government data released yesterday. The Reserve Bank of India (RBI) is likely to further tighten the monetary policy to tame inflationary pressure in the economy.


According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 861.87 crore, while they bought index options worth Rs 475.36 crore. They were net sellers of stock futures to the tune of Rs 32.07 crore and bought stock options worth Rs 27.76 crore.
More details http://www.16anna.com

Thursday, April 15, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open higher spurred by investor sentiment across global markets. US stock ended higher yesterday amid positive news about consumer spending and as two of Wall Street's big hitters delivered solid results to get earnings season underway. Asian stocks traded higher, boosted by gains on Wall Street on the back of encouraging economic reports and robust corporate earnings buoying up sentiment to a significant extent. Expectations of a normal monsoon this year may also support domestic bourses. However, the government will announce the inflation data for the month of March 2010 today, 15 April 2010.
More details http://www.16anna.com

Monday, April 12, 2010

stock news

MARKET TODAY
Key benchmark indices are likely to open higher following advances across global equities. Asian stock markets trekked higher, after the Dow climbed above 11,000 for the first time in a year-and-a-half with investors picking up stocks from across various sectors. However, the index of industrial production (IIP) data will be released today 12 April 2010 for the month of February 2010. Meanwhile, SEBI barring 14 insurance firms from selling unit-linked insurance plans (Ulips) could also influence trading sentiment.


According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 362.67 crore, while they bought index options worth Rs 950.39 crore. They were net sellers of stock futures to the tune of Rs 110.34 crore, while they bought stock options worth Rs 6.88 crore.
More details http://www.16anna.com

Wednesday, April 7, 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

Tuesday, April 6, 2010

stock news

MARKET TODAY


Domestic market is likely to extend its gains for the third straight trading session supported by positive global cues. Wall Street stock ended higher yesterday after economic reports posted encouraging surprises that fuelled hopes the struggling recovery from recession is gaining traction. Asian markets traded mostly higher following the positive finish on Wall Street that saw the Dow Jones Industrials end within striking distance of the 11,000 mark. However, stock-specific action may rule the roost in the near term based on expectations of Q4 March 2010 results and sustained buying by foreign funds may help stocks extend their previous session's gains.


According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 1,310.52 crore and bought index options worth Rs 1,030.29 crore. They were net buyers of stock futures to the tune of Rs 281.84 crore and bought stock options worth Rs 3.23 crore.
More details http://www.16anna.com

Monday, April 5, 2010

stock news

MARKET TODAY

Key benchmark indices are likely to open positive tracking supportive Asian markets. Asian stock markets traded positive, tracking cues from Wall Street, where stocks surged higher after data last week showed U.S. employers created jobs in March at the fastest rate in three years. China, Hong Kong and Taiwan markets were closed for tomb sweeping public holiday while Australia markets were shut for the Easter Monday. Meanwhile, overseas fund houses have made a net investment of over Rs 20,600 crore ($4.5 billion) in Indian stock markets during the last three months of financial year 2009-10, according to the Sebi data. However, expectations from the upcoming earnings season will keep the sentiment upbeat.


According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 248.12 crore and bought index options worth Rs 1,087.98 crore. However, they were net sellers of stock futures to the tune of Rs 277.02 crore and sold stock options worth Rs 7.5 crore.
More details http://www.16anna.com

Thursday, April 1, 2010

stocknews

MARKET TODAY

Key benchmark indices are likely to open higher on the first day of the financial year 2011-2012 mirroring positive Asian cues. Wall Street stock ended lower yesterday after a negative private sector jobs report dented hopes for economic recovery ahead of key government labour data this week. Asia markets traded Higher Despite Wall Street's Lower Finish overnight. Meanwhile, India's industrial output and exports maintained their strong growth pace in February, official figures indicated on Wednesday, boosting expectations the Reserve Bank of India (RBI) will further tighten its policy in April.
More details http://www.16anna.com

Tuesday, March 30, 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Saturday, February 27, 2010

stock news

MARKET SUMMARY
The markets gave a thumps up to the Union Budget and moved upwards strongly though it later gave up much of the gains towards the later half of the day. The thrust of infrastructure spending, raising of tax slabs rates and the partial roll back in the stimulus as expected had a positive effect on the indices. From the sectoral front, most of the buying was seen in Auto, Metal, Bankex, HC, and Realty and Oil&Gas stocks. FMCG and IT witnessed most of the selling pressure. BSE Midcap and Smallcap stocks closed with gain. The BSE Sensex closed higher by 175.35 points at 16,429.55 and NSE Nifty ended higher by 62.55 points at 4,922.30. BSE Midcap and Small cap closed with gain of 92.76 and 86.45 points at 6,397.82 and 8,067.40 respectively. The BSE Sensex touched intraday high of 16,669.25 and intraday low of 16,249.67.
More details http://www.16anna.com

Friday, February 26, 2010

stock news

MARKET TODAY
Key benchmark indices are likely to open flat to positive tracking supportive Asian markets. Wall Street ended lower on concerns about lingering economic weakness in the U.S. Asian stock markets were trading higher, despite the negative lead on Wall Street. Market is likely to volatile today as Finance Minister Pranab Mukherjee presents the Union Budget for 2010-11 today. Markets are waiting for a trigger and this trigger could be the Union budget.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 242.72 crore, while they bought index options worth Rs 474.96 crore. They were net buyers of stock futures to the tune of Rs 321.48 crore and bought stock options worth Rs 91.30 crore.
More details http://www.16anna.com

Thursday, February 25, 2010

stock news

MARKET TODAY
Key benchmark indices are likely to open positive as global cues are supportive. Wall Street rebounded strongly yesterday as sentiment got a lift from Federal Reserve chairman Ben Bernanke' signal that near-zero interest rates were still needed. Asian stock markets traded mixed after U.S. Federal Reserve Chairman Ben Bernanke said interest rates would remain at very low levels for a long time, boosting global stocks. However, volatility may remain high on the bourses as trader’s rollover positions in the derivatives segment from February series to March series today. The Economic Survey will be tabled in the parliament today.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 700.30 crore, while they sold index options worth Rs 250.40 crore. They were net buyers of stock futures to the tune of Rs 277.19 crore and sold stock options worth Rs 73.58 crore.
More details http://www.16anna.com

Tuesday, February 23, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open on a subdued note tracking weak global cues. Wall Street stocks drifted lower yesterday as the market paused after a week of solid gains. Major Asian stock indexes were mostly lower in the opening trade, after U.S. stocks finished flat as Investors choosing to take profits after the previous session's sharp upward move. The market is likely to remain highly volatile this week with the focus being on the Railway Budget on 24 February 2010. It will be followed by tabling of Economic Survey on 25 February 2010 and the Union Budget on 26 February 2010. Derivatives expiry on Thursday, 25 February 2010 is also likely to add volatility on the bourses.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 354.21 crore, while they bought index options worth Rs 186.24 crore. They were net buyers of stock futures to the tune of Rs 380.53 crore and sold stock options worth Rs 9.43 crore.
More details http://www.16anna.com

Friday, February 19, 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.


Regards
Guiness Research Team
Guiness Securities Limited
18, D.Park Road.
Kolkata - 700026
Phone : 033 30015555

Wednesday, February 17, 2010

stock news

MARKET TODAY


Market is likely to open higher on the back of strong global cues. US stocks showed a strong upward move over the course of the trading day, as bullish sentiment took off on the back of strong manufacturing data, a flurry of merger activity and easing concerns about Greece's debt crisis. Major Asian markets opened with a jump, following a greater than 1.5 percent rise by Dow Jones Industrial Average overnight. Meanwhile, FII buying in the past two sessions may also help to lift investor sentiment for the domestic market.

According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 225.9 crore and bought index options worth Rs 344.33 crore. They were net sellers of stock futures to the tune of Rs 7.13 crore while sold stock options worth Rs 5.84 crore.
More details http://www.16anna.com

Tuesday, February 16, 2010

stock news

MARKET TODAY



Key benchmark indices are likely to open positive due to absence of the global cues. The US markets were closed yesterday on account of President's Day. Most of the Asian markets like China, Hong Kong, Singapore and Taiwan markets are shut for trade today. The Japanese stock market is open higher with cautious trades as no significant triggers around, and concerns about China's monetary tightening and Greek debt problems hurting a bit, buying remains quite selective in morning trades. Meanwhile, the wholesale price index rose 8.56 % in January from a year earlier, its highest since November 2008 and accelerating from a 7.3 % gain in December, data showed yesterday. However, equities may remain ranged due to the absence of any fresh triggers.

According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 108.09 crore and bought index options worth Rs 186.01 crore. However, they were net sellers of stock futures to the tune of Rs 1.38 crore and sold stock options worth Rs 1.33 crore.
More details http://www.16anna.com

Monday, February 15, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open flat to positive due to absence of global cues as most of the Asian markets were closed for the Lunar New Year holiday celebrations. Asian markets moving up in early trades on the back a better-than-expected jump in GDP, the Japanese stock market is drifting lower with the weak close on Wall Street on Friday and the Chinese government's monetary tightening moves hurting sentiment to an extent. However, Industrial output grew 16.8% in December from a year earlier, well above a revised annual rise of 11.8% in November and higher than analysts' forecast of 12%, data release on Friday. Stock-specific action may be on the cards on pre-budget expectations

According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 675.51 crore and bought index options worth Rs 110.96 crore. They were net buyers of stock futures to the tune of Rs 292.88 crore while sold stock options worth Rs 1.98 crore.

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

Saturday, February 13, 2010

stock news

MARKET SUMMARY
Domestic markets exhibited a strong performance on the back of strong global cues. The government’s decision to ease foreign investment rules also contributed to the positive sentiments. But India’s food price index grew for the year to 17.94% for the week ended 30th January 2010. Profit booking was seen during the mid session but towards the end all ended well. Most of the buying was witnessed in Oil & Gas, Auto, Realty, Metal, FMCG, Bank and IT stocks. BSE Midcap and Smallcap stocks also favour among the investors. The BSE Sensex closed higher by 230.42 points at 15,922.17 and NSE Nifty ended up by 69.65 points at 4,826.85. BSE Midcap and Smallcap closed with gains of 50.33 and 67.28 points at 6,509.74 and 8,303.08 respectively. The Sensex touched intraday high of 16,202.87 and intraday low of 15,928.28.
More details http://www.16anna.com

Thursday, February 11, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open higher due to positive Asian markets. Wall Street lost ground yesterday as the markets saw subdued reaction to comments from Federal Reserve Chairman Ben Bernanke on an exit strategy from a massive stimulus and weighed prospects for a bailout of Greece. Asian stock markets traded mostly higher, despite modest losses on Wall Street as investors mulled a possible bailout of Greece and the Fed's exit strategy. Meanwhile, the government will today unveil data on some wholesale price indices for the year through 30 January 2010 viz. the food price index, the primary articles index and the fuel price index. However, volatility will remain high as investor sentiment still remains cautious.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 879.31 crore, while they sold index options worth Rs 142.44 crore. They were net buyers of stock futures to the tune of Rs 306.62 crore, while they sold stock options worth Rs 2.18 crore.
More details http://www.16anna.com

Wednesday, February 10, 2010

stock news

MARKET TODAY


The market may extend last three days' gains on firm Asian stocks. Most Asian stocks rose on Wednesday on reports Europe was close to bailing out debt-strapped Greece, coaxing investors back to riskier assets, though uncertainty kept a lid on the euro. The key benchmark indices in China, Indonesia, Japan, South Korea, and Taiwan rose by between 0.04% to 1.53%. But the key benchmark indices in Singapore and Hong Kong fell by between 0.11% to 0.54%.
More details http://www.16anna.com

Tuesday, February 9, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open flat note, as global jitters failed to ease. Wall Street tumbled yesterday amid lingering worries about debt problems in the eurozone, sending the Dow Jones industrials to a close below 10,000 for the first time since November 4. Asian markets traded mixed with Japanese stocks sliding, after the Dow industrials closed below 10,000, hit by heightened concerns about the euro zone's sovereign debt troubles. The government yesterday estimated the economy to grow by 7.2 per cent in financial year 2009-10, against 6.7 per cent a year ago, despite contraction in farm production.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 295.75 crore, while they bought index options worth Rs 710.99 crore. They were net sellers of stock futures to the tune of Rs 4.63 crore and sold stock options worth Rs 5.22 crore.
More details http://www.16anna.com

Monday, February 8, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open lower as sentiment is not very positive and clear in the global markets. Asian stocks traded mixed, after U.S. stocks ended almost unchanged, pressured by mixed signals from the U.S. labour market and growing anxiety over fiscal problems in Europe. However, volatility may remain high as investors may remain cautious over sovereign debt problems in the euro zone.


According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 12.05 crore while sold index options worth Rs 52.08 crore. They were net buyers of stock futures to the tune of Rs 8.26 crore while sold stock options worth Rs 0.3 crore.
More details http://www.16anna.com

Saturday, February 6, 2010

STOCK NEWS

MARKET SUMMARY
The markets continued to extend their heavy losses tracking negative global cues. Market touched three months low level, as losses in European markets including Spain and Portugal weighed on sentiments. Jobless data in US and the debt problem in Europe were the major factors for the weak market sentiments. On the domestic front nervousness was written large on the face of the investors ahead of the upcoming Union Budget 2010-11. Realty, Metal, PSU, Oil & Gas, Bank, IT and Consumer Durable stocks were the ones which were heavily battered. BSE Midcap and Smallcap stocks also closed deep in to the red. The BSE Sensex closed lower by 434.02 points at 15,790.93 and NSE Nifty ended down by 126.70 points at 4,718.65. BSE Midcap and Smallcap closed with losses of 169.77 and 270.82 points at 6,347.37 and 8,073.92 respectively. The Sensex touched intraday high of 16,222.56 and intraday low of 15,725.43.
More details http://www.16anna.com

Friday, February 5, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to gap-down open due to debt problems in Europe and an unexpected rise in U.S. jobless claims. Wall Street plunged yesterday as weak US data combined with heightened fears of debt problems in European Union countries sent shockwaves through the markets. Asian markets is trading sharply lower after the Dow tanked 2.6 percent on Wall Street overnight, after escalating sovereign debt problems in Europe and an unexpected rise in U.S. jobless claims sent investors running. Inflationary pressures and a less-than-enthusiastic response received for NTPC's FPO issue and continued FII selling also point towards further downside.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 196.62 crore, while they bought index options worth Rs 703.90 crore. They were net sellers of stock futures to the tune of Rs 342.04 crore and sold stock options worth Rs 7.84 crore.
More details http://www.16anna.com

Thursday, February 4, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open on a subdued note tracking mixed cues from global shores. US stocks ended mixed as investors took a breather from a two-day rally and booked profits ahead of this week's keenly awaited official jobs data. Asian markets were mostly lower, following the sluggish session on Wall Street with investors treading cautiously ahead of some major interim earnings reports. Meanwhile, ACC and Ambuja Cement will unveil their December 2009 quarterly earnings today.

According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 2,447.19 crore and bought index options worth Rs 8.99 crore. They were net buyers of stock futures to the tune of Rs 452.02 crore and bought stock options worth Rs 46.53 crore.
More details http://www.16anna.com

Wednesday, February 3, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to open higher encouraged by a positive report on the U.S housing market. Wall Street rallied on the back of strong fourth quarter earnings reports and home sales data that suggested economic activity is picking up. Asian stock markets opened mostly higher, but investor sentiment in Japan was dampened by Toyota's recall woes. Meanwhile, investors will closely watch opening of the large follow-on public offer (FPO) of state-run power generation firm NTPC today. The government fixed the benchmark price for the proposed divestment of government stake at Rs 201 per share.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 418.34 crore, while they sold index options worth Rs 328.36 crore. They were net buyers of stock futures to the tune of Rs 239.25 crore and bought stock options worth Rs 110.82 crore.
More details http://www.16anna.com

Monday, February 1, 2010

stock news

MARKET TODAY


Key benchmark indices are likely to weak start as global cues continue to weigh on sentiment. Asian stock markets were trading weak with investors tracking cues from Wall Street, where stocks declined by notably margins on Friday amid concerns over the pace of economic recovery. The Reserve Bank of India on Friday hiked the Cash Reserve Ratio by 75 basis points to 5.75%, to absorb Rs.36,000 crore of excess liquidity from the system. Meanwhile, shares of auto, cement, steel firms will be in focus as the companies release monthly sales volume for January 2010.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 430.22 crore, while they bought index options worth Rs 1,029.76 crore. They were net sellers of stock futures to the tune of Rs 119.18 crore while bought stock options worth Rs 9.87 crore.
More details http://www.16anna.com

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