Friday, May 21, 2010
सेन्सेक्स (16445.61) -74.07 अंक गिरकर, नीफ़्टी (4931.15) -16.45 अंक गिरकर, बंद.
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INDIAINFO 45days FD
Buy and Hold INDIAINFO AT and below 100
and below hold for 114,119,124
and plus in 45 days
SURE SHOT
save this message,
and below hold for 114,119,124
and plus in 45 days
SURE SHOT
save this message,
European market update: FTSE index down 0.95%, CAC index down 1.02% and DAX index down 1.12%
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Jaypee Infratech lists at Bourses below IPO
Jaypee Infra-tech got listed in the Stock Exchanges today , Jaypee infra which came out with a IPO in the range of 102 – 107 rs , Set the IPO final price at 102 rs , the subsidiary of Jaiprakash Associates finally got listed today in the exchange at a price of Rs 98 and at 10 or so its trading at 90 or so.
Delivery Call .. BUY AND HOLD
Buy RIL at 980and below
for 90 days
target 1040 plus
www.northpole77.com and below
FIIs were net sellers of Rs6.57bn in the cash segment on Thursday on a provisional basis, according to NSE web site. Local institutions were net buyers of Rs7.21bn. In the F&O segment, the foreign funds were net sellers of Rs2.21n. FIIs were net sellers of Rs14.74bn in the cash segment on Wednesday, as per the SEBI data.
Results Today:
Edelweiss, Force Motors, Gammon Infra, Inox, ITC, Jyoti Structures, Redington India, Sadbhav Engineering, Take Solutions, Varun Shipping and Zylog Systems.
Corporate Snippets
Bharti Retail plans to roll out stores in South India soon, as part of its plans to become a national retailer. (BS)
SBI has decided to scale down its branch expansion plan and is now expected to open around 500 branches during the current financial year, as against nearly 1,000 proposed earlier. (BS)
Jindal Steel & Power is buying Oman-based Shadeed Iron & Steel for US$464mn (Rs20.9bn) to expand its reach to West Asia. (BS)
After a delay of nearly a year, auto major Mahindra & Mahindra is now all set to begin its US expedition in its new compact diesel pick-up truck by end of December 2010. (BL)
Reliance Infrastructure has won its tenth road project worth Rs9.25bn, from the National Highways Authority of India. (BL)
SBI has decided to scale down its branch expansion plan and is now expected to open around 500 branches during the current financial year, as against nearly 1,000 proposed earlier. (BS)
Jindal Steel & Power is buying Oman-based Shadeed Iron & Steel for US$464mn (Rs20.9bn) to expand its reach to West Asia. (BS)
After a delay of nearly a year, auto major Mahindra & Mahindra is now all set to begin its US expedition in its new compact diesel pick-up truck by end of December 2010. (BL)
Reliance Infrastructure has won its tenth road project worth Rs9.25bn, from the National Highways Authority of India. (BL)
Pre Market Commentary ...
Speculation has been rife about a possible disintegration of the euro-zone and erosion in its common currency despite several measures to stem the debt contagion. This has sent markets into a tailspin as risk appetite has taken a severe beating owing to concerns that the European debt disaster could derail the worldwide recovery. As a result, the bulls have their backs against the wall and may remain on the defensive if the European crisis doesn’t subside.
Brace yourselves for another gap-down opening. Should the global picture change for the better, we may see the key indices do a bungee-jump, but then at the end of it you may still be left hanging. Betting on a major rally from here on would be like catching a falling knife. Fear is running very high amid significant external uncertainties. The bravehearts among you could look at snapping up good bargains at lower levels, but we would advise against any kind of adventure right now.
The NSE Nifty has failed to rebound after slipping below 200-day DMA and could be headed for further downside. What’s worse the S&P 500 index in the US has cracked below 200-day DMA thanks to disappointing economic data and nagging worries over the euro-zone debt crisis. Meanwhile, the US Senate has approved the most significant increase in the regulation of US banks since the Great Depression. The bill now goes to the House to iron out difference.
Asian markets are trading sharply lower, with many bourses at year-to-date lows. European shares were also battered though the euro recovered following the release of a few weak economic reports in the US.
Brace yourselves for another gap-down opening. Should the global picture change for the better, we may see the key indices do a bungee-jump, but then at the end of it you may still be left hanging. Betting on a major rally from here on would be like catching a falling knife. Fear is running very high amid significant external uncertainties. The bravehearts among you could look at snapping up good bargains at lower levels, but we would advise against any kind of adventure right now.
The NSE Nifty has failed to rebound after slipping below 200-day DMA and could be headed for further downside. What’s worse the S&P 500 index in the US has cracked below 200-day DMA thanks to disappointing economic data and nagging worries over the euro-zone debt crisis. Meanwhile, the US Senate has approved the most significant increase in the regulation of US banks since the Great Depression. The bill now goes to the House to iron out difference.
Asian markets are trading sharply lower, with many bourses at year-to-date lows. European shares were also battered though the euro recovered following the release of a few weak economic reports in the US.
Thursday, May 20, 2010
सेन्सेक्स (16519.68) 111.19 अंक चढ्कर, नीफ़्टी (4947.60) 27.95 अंक चढ्कर, बंद..
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European market update: FTSE index up 0.9%, CAC index up 0.6%, DAX index up 0.4%
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FIIs were net sellers of Rs13.83bn in the cash segment on Thursday on a provisional basis, according to NSE web site. Local institutions were net buyers of Rs563.5mn. In the F&O segment, the foreign funds were net buyers of Rs11.22bn. FIIs were net sellers of Rs4.39bn in the cash segment on Tuesday, as per the SEBI data.
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