Wednesday, March 19, 2008
Dont take positions for Long..
Market may slide back again in couple of days.. Dont go long. Play only intraday. Tomorrow there might bit more upmove depending on the US FED move.. But downside is more.
Good News for Indain Market
After Asian Markets, Europe market also opened Gap up. Today Indian market will close atlest 1-2% up from yesterdays close
Europe opens up gap up
With the news of fed rate cut and Asian market closing +ve Europe is also open gap up
FTSE 100 5,501.40 +87.00 +1.61%
DAX 6,275.64 +93.34 +1.51%
CAC 40 4,491.87 +60.83 +1.37%
FTSE 100 5,501.40 +87.00 +1.61%
DAX 6,275.64 +93.34 +1.51%
CAC 40 4,491.87 +60.83 +1.37%
Sensex above 15,000
The markets have gained some ground and are trading in green. Europe has opened in green lending some positive cues to the markets. Benchmark indices have outperformed the broader markets. After breaching 15,000 levels Sensex is trading above that mark. Bank, metal, realty stocks are among the top laggards on the indices. Buying is seen in energy, capital goods, IT stocks. CNX Midcap index is back in green.
At 1.27 hrs IST, the Sensex is up 139.61 points or 0.94% at 14949.10, and the Nifty up 66.90 points or 1.49% at 4570.00.
About 746 shares have advanced, 2238 shares declined, and 72 shares are unchanged.
Relaince Energy, DLF, Tata Communication, and BPL are among the top gainers up over 4% each followed by Satyam, Bharti Airtel, BHEL .
Sterlite Ind was down over 4%, JP Associates, HDFC Bank, Tata Steel down over 2% each, HDFC, HCL Tech and M&M were among the other losers on boures.
JP Associates, Axis Bank, RNRL, Indiabulls Real Estate and ICICI Bank were most active shares.
BSE 15062.46 +252.97 1.71%
NSE 4597.50 +94.40 2.10%
At 1.27 hrs IST, the Sensex is up 139.61 points or 0.94% at 14949.10, and the Nifty up 66.90 points or 1.49% at 4570.00.
About 746 shares have advanced, 2238 shares declined, and 72 shares are unchanged.
Relaince Energy, DLF, Tata Communication, and BPL are among the top gainers up over 4% each followed by Satyam, Bharti Airtel, BHEL .
Sterlite Ind was down over 4%, JP Associates, HDFC Bank, Tata Steel down over 2% each, HDFC, HCL Tech and M&M were among the other losers on boures.
JP Associates, Axis Bank, RNRL, Indiabulls Real Estate and ICICI Bank were most active shares.
BSE 15062.46 +252.97 1.71%
NSE 4597.50 +94.40 2.10%
Asian Markets closes in +ve node and most of them are trading +ve
Asian Markets recovers from lows again and ends in days high
Nikkei 225 11,964.16 +176.65 +1.50%
Hang Seng 21,374.79 +290.18 +1.38%
Nikkei 225 11,964.16 +176.65 +1.50%
Hang Seng 21,374.79 +290.18 +1.38%
performance of calls@2.10PM IST
Calls@BUy@10.50
Buy ICICI@754 high 785
Buy RCOM@495 high 503.00
Buy RPL@158.95 high 160.10
Buy RPOWER@320 high 326.00
Buy IDBI@91.40 SL triggered
Buy ICICI@754 high 785
Buy RCOM@495 high 503.00
Buy RPL@158.95 high 160.10
Buy RPOWER@320 high 326.00
Buy IDBI@91.40 SL triggered
today's performance
Todays Performance
Calls tip @10.00AM IST
Sell RPOWER@326.00 low 318.20 after call
Sell RCOM@493.50 low 490.45 after call
SELL FCH@548.00 low 521.00 after call
Calls@BUy@10.50
Buy ICICI@754 high 768.70
Buy RCOM@495 high 497.95
Buy RPL@158.95 high 160.10
Buy RPOWER@320 high 326.00
Buy IDBI@91.40 SL triggered
Calls tip @10.00AM IST
Sell RPOWER@326.00 low 318.20 after call
Sell RCOM@493.50 low 490.45 after call
SELL FCH@548.00 low 521.00 after call
Calls@BUy@10.50
Buy ICICI@754 high 768.70
Buy RCOM@495 high 497.95
Buy RPL@158.95 high 160.10
Buy RPOWER@320 high 326.00
Buy IDBI@91.40 SL triggered
Markets slip
The markets have slipped and are trading in red with marginal losses. CNX midcap has given slipped deeper into the red. Bank, metal, realty stocks are among the top laggards on the indices. Selective buying is seen in energy stocks. Market breadth is On the global front, Asian markets are trading mixed.
At 11.30 hrs IST, the Sensex was down 46.06 points or 0.31% at 14763.43, and the Nifty down 10.30 points or 0.23% at 4492.80.
About 771 shares have advanced, 2199 shares declined, and 85 shares are unchanged.
Sterlite Ind was down over 8%, JP Associates, HDFC Bank, Tata Steel down over 4% each, HDFC, HCL Tech and M&M were among the other losers on boures.
JP Associates, Axis Bank, RNRL, Indiabulls Real Estate and ICICI Bank were most active shares.
At 11.30 hrs IST, the Sensex was down 46.06 points or 0.31% at 14763.43, and the Nifty down 10.30 points or 0.23% at 4492.80.
About 771 shares have advanced, 2199 shares declined, and 85 shares are unchanged.
Sterlite Ind was down over 8%, JP Associates, HDFC Bank, Tata Steel down over 4% each, HDFC, HCL Tech and M&M were among the other losers on boures.
JP Associates, Axis Bank, RNRL, Indiabulls Real Estate and ICICI Bank were most active shares.
Tuesday, March 18, 2008
BUy@10.50
Buy ICICI@754
Buy RCOM@495
Buy RPL@158.95
Buy RPOWER@320
Buy IDBI@91.40
Only intraday with strict SL
Buy RCOM@495
Buy RPL@158.95
Buy RPOWER@320
Buy IDBI@91.40
Only intraday with strict SL
Asain Markets Tumble
Asian market gets carck from the higher position moving towards deep red now :(
Nikkei 225 11,834.54 +47.03 +0.40%
Hang Seng 20,695.62 -388.99 -1.84%
Straits Times 2,768.54 -24.21 -0.87%
Nikkei 225 11,834.54 +47.03 +0.40%
Hang Seng 20,695.62 -388.99 -1.84%
Straits Times 2,768.54 -24.21 -0.87%
Indian Pre Market Report 18/03/2008
As per market buzz, a portfolio management scheme run by one of the biggest operators is facing big redemptions. With this being a curtailed trading week, traders are unlikely to build large positions. The market remains closed on Thursday (20 March 2008) on account of Id-E-Milad and on Friday (21 March 2008) on account of Good Friday.
The specter of more margin calls after a recent sharp slide may weigh on the bourses. Sensex tanked 951.03 points or 6.03% at 14,809.49 on Monday, 17 March 2008, as the fire sale of ailing US bank Bear Stearns and the Federal Reserve's emergency cut in its discount rate intensified concerns that there could be more victims of the global credit crisis. It was the second biggest single day point loss in the barometer index. Margin calls are normally triggered when markets show hyper volatility or witness abnormal slides
As per provisional data, FIIs sold shares worth a net Rs 658.22 crore on Monday, 17 March 2008. Local funds bought shares worth a net Rs 211.48 crore on that day. Foreign institutional investors (FIIs) were net sellers of Rs 435.32 crore in the futures & options segment on Monday. According to data released by the NSE, FIIs were net sellers of index futures to the tune of Rs 287.77 crore and bought index options worth Rs 69.60 crore. They were net sellers of stock futures to the tune of Rs 204.87 crore and sold stock options worth Rs 12.29 crore
The specter of more margin calls after a recent sharp slide may weigh on the bourses. Sensex tanked 951.03 points or 6.03% at 14,809.49 on Monday, 17 March 2008, as the fire sale of ailing US bank Bear Stearns and the Federal Reserve's emergency cut in its discount rate intensified concerns that there could be more victims of the global credit crisis. It was the second biggest single day point loss in the barometer index. Margin calls are normally triggered when markets show hyper volatility or witness abnormal slides
As per provisional data, FIIs sold shares worth a net Rs 658.22 crore on Monday, 17 March 2008. Local funds bought shares worth a net Rs 211.48 crore on that day. Foreign institutional investors (FIIs) were net sellers of Rs 435.32 crore in the futures & options segment on Monday. According to data released by the NSE, FIIs were net sellers of index futures to the tune of Rs 287.77 crore and bought index options worth Rs 69.60 crore. They were net sellers of stock futures to the tune of Rs 204.87 crore and sold stock options worth Rs 12.29 crore
Asian market back to red
Asian market comes down in a volatile market condition,. Asian markets moving towards red, after deep correction from higher levels, Only nikkei could sustain +ve trade. All the other Asian markets trading in red.
Nikkei 225 11,959.56 +172.05 +1.46%
Hang Seng 20,927.57 -157.04 -0.74%
Straits Times 2,787.67 -5.08 -0.18%
Nikkei 225 11,959.56 +172.05 +1.46%
Hang Seng 20,927.57 -157.04 -0.74%
Straits Times 2,787.67 -5.08 -0.18%
asian markets Open in green
Asain Markets opens gap up and trading in +ve range. In expectation of Fed rate asian markets doing well
Fed Primed to Cut Key Interest Rate - US markets recover
The Federal Reserve is primed to aggressively cut a key interest rate even lower on Tuesday, racing to contain spreading financial fires that threaten an economic meltdown.
Market is seeing The rate cut will be minimum of 0.75 or more. If it is not then very dangerous for the market
US closing:
Dow 11,972.25 +21.16 +0.18%
Nasdaq 2,177.01 -35.48 -1.60%
S&P 500 1,276.60 -11.54 -0.90%
Market is seeing The rate cut will be minimum of 0.75 or more. If it is not then very dangerous for the market
US closing:
Dow 11,972.25 +21.16 +0.18%
Nasdaq 2,177.01 -35.48 -1.60%
S&P 500 1,276.60 -11.54 -0.90%
Fed cuts lending rate to financial institutions to 3.25 percent from 3.50 percent
The Federal Reserve is urgently moving to contain a deepening credit crisis and restore confidence in panicked financial markets by becoming a lender of last resort for Wall Street investment houses, which were able to secure short-term emergency loans beginning Monday.
The central bank, in an extraordinarily rare weekend move, took the bold action Sunday in an attempt to calm the markets. It also approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately.
On Wall Street, investors remained somewhat skittish. The Dow Jones industrials, which were down more than 175 points in early trading, moved into positive territory later in the morning. Trading on world markets was down sharplyThe Fed acted just after JPMorgan Chase & Co. agreed to buy rival Bear Stearns Cos. for $236.2 million in a deal that represents a stunning collapse for one of the world's largest and most venerable investment houses. Just on Friday the Fed had raced to provide emergency financing to cash-strapped Bear Stearns through JPMorgan. Days earlier the Fed announced a set of other unconventional steps to thaw out a credit market in danger of freezing shut.
The Fed's actions come as fears have spread that other financial houses could also be on shaky ground.
The central bank, in an extraordinarily rare weekend move, took the bold action Sunday in an attempt to calm the markets. It also approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately.
On Wall Street, investors remained somewhat skittish. The Dow Jones industrials, which were down more than 175 points in early trading, moved into positive territory later in the morning. Trading on world markets was down sharplyThe Fed acted just after JPMorgan Chase & Co. agreed to buy rival Bear Stearns Cos. for $236.2 million in a deal that represents a stunning collapse for one of the world's largest and most venerable investment houses. Just on Friday the Fed had raced to provide emergency financing to cash-strapped Bear Stearns through JPMorgan. Days earlier the Fed announced a set of other unconventional steps to thaw out a credit market in danger of freezing shut.
The Fed's actions come as fears have spread that other financial houses could also be on shaky ground.
US markets tumble again in afternoon trade
Us markets fallen down in a volatile trade..
Market @10:40PM IST
Dow 11,841.35 -109.74 -0.92%
Nasdaq 2,165.37 -47.12 -2.13%
S&P 500 1,264.17 -23.97 -1.86%
Market @10:40PM IST
Dow 11,841.35 -109.74 -0.92%
Nasdaq 2,165.37 -47.12 -2.13%
S&P 500 1,264.17 -23.97 -1.86%
US markets recovers. Dow trading +ve
Wall Street clawed back from sharp losses Monday as investors snapped up bargain stocks following JPMorgan Chase & Co.'s government-backed buyout of the stricken investment bank Bear Stearns Cos.
US markets recovers from Deep
US Market at 8:30PM IST
Dow 11,880.50 -70.59 -0.59%
Nasdaq 2,185.29 -27.20 -1.23%
S&P 500 1,272.27 -15.87 -1.23%
Europe market continue asian trend closes Deep in red
FTSE 100 5,485.30 -146.40 -2.60%
DAX 6,223.38 -228.52 -3.54%
CAC 40 4,477.92 -114.23 -2.49%
Dow 11,880.50 -70.59 -0.59%
Nasdaq 2,185.29 -27.20 -1.23%
S&P 500 1,272.27 -15.87 -1.23%
Europe market continue asian trend closes Deep in red
FTSE 100 5,485.30 -146.40 -2.60%
DAX 6,223.38 -228.52 -3.54%
CAC 40 4,477.92 -114.23 -2.49%
Us markets open in deep red
Wall Street tumbled in early trading Monday as Wall Street and other global markets reeled from JPMorgan Chase & Co.'s government-backed buyout of the invalid investment bank Bear Stearns Cos. The Dow Jones industrials fell about 150 points in the first few minutes of trading.
Market 8:00PM IST
Dow 11,880.50 -70.59 -0.59%
Nasdaq 2,183.24 -29.25 -1.32%
S&P 500 1,271.91 -16.23 -1.26%
Market 8:00PM IST
Dow 11,880.50 -70.59 -0.59%
Nasdaq 2,183.24 -29.25 -1.32%
S&P 500 1,271.91 -16.23 -1.26%
17th March, THE BLACK MONDAY of indian Market
Yes, this is the black monday we ever had, with both sensex and Nifty losing ground with falling in a day the second highest ever fall.
The market tumbled today as the fire sale of ailing US bank Bear
Stearns and the Federal Reserve's emergency cut in its discount
rate intensified concerns that there could be more victims of the
global credit crisis
A setback in global markets rattled domestic bourses today as the
Sensex posted its biggest single-day point fall. The fall on the
bourses accentuated in late trade as BSE Sensex fell more than
1,000 points at the fag end of the trading session. Heavy selling
was seen in banking stocks. ICICI Bank, HDFC, Hindalco Industries,
Reliance Communications, Tata Steel and Reliance Energy were among
the top losers from Sensex pack. The market breadth was weak.
The 30-share BSE Sensex lost 951.03 points or 6.03% at 14,809.49.
It hit a low of 14,739.72 in late trade, its lowest level since
late August 2007. At day's low Sensex fell 1,020.80 points in late
trade.The 30-share BSE Sensex lost 951.03 points or 6.03% at 14,809.49.
It hit a low of 14,739.72 in late trade, its lowest level since
late August 2007. At day's low Sensex fell 1,020.80 points in late
trade.BSE Clocked a turnover of Rs 5,701 crore today 17 March 2008
compared to a turnover of Rs 5,914.99 on Friday,14 March 2008.
Nifty March 2008 futures were at 4477, at a discount of 26.10
points as compared to spot closing of 4503.10.
The NSE's futures & options (F&O) segment turnover was Rs 40,058.11
crore, which was lower than Rs 40,184.57 crore on Friday, 14 March
2008.
Consumer durable index was major loser among sectoral indices on
BSE. It fell more than 10%. Fertiliser stocks plunged. All the BSE
secoral indices were in red.
The market breadth was weak: On BSE 2,405 shares declined as
compared to 282 shares that advanced. 43 shares remained unchanged.
The BSE Mid-Cap index fell 6.97 % to 6,124.35 and BSE Small-Cap
index declined 6.9% to 7,522.23. Both these indices underperformed
Sensex.
BSE Consumer Durables index (down 9.69% to 3,638.56), BSE Metal
index (down 7.54% to 13,725.52), BSE Bankex (down 9.06% to
7,569.16), BSE Realty index (down 7.86% to 7,106.53) , BSE Capital
Goods index (down 6.43% to 12,706.31) underperformed Sensex.
BSE PSU index (down 4.97% to 7,153.44), BSE IT index (down 3.2% to
3,297.71), BSE Oil & Gas index (down 5.34% to 9,801.86),BSE Power
index (down 5.58% to 2,973.68), BSE HealthCare index (down 5.2% to
3,621.90), BSE Auto index (down 4.62% to 4,329.46), and BSE FMCG
index (down 3.18% to 2,119.60) outperformed Sensex.
India's largest private sector company in terms of market
capitalisation and oil refiner Reliance Industries declined 6.08%
to Rs 2,180.60..
Jaiprakash Associates (down 11.94% to Rs 208.05), HDFC (down 11.07%
to Rs 2,225.55), Reliance Energy (down 8.13% to Rs 1,190.80),
Hindalco Industries (down 9.2% to Rs 164.85), Tata Steel (down
7.93% to Rs 658.50), Grasim Industries (down 6.55% to Rs 2,670.85)
and Larsen & Toubro (down 7.03% to Rs 2,703.50), were major losers
from Sensex pack.
Banking stocks declined further in late trade. India's largest
commercial bank by net profit State Bank of India declined 4.72% to
Rs 1,633.40. ICICI Bank (down 13.76% to Rs 757.40), HDFC Bank (down
5.89% to Rs 1,238.50) edged lower.
Consumer durables stocks extended losses. Titan Industries (down
13.03% to Rs 930.05), Rajesh Exports (down 15.58% to Rs 79.65),
Videocon Industries (down 7.46% to Rs 279.30) and Blue Star (down
10.26% to Rs 380.50) edged lower.
India's biggest power-equipment maker by sales Bharat Heavy
Electricals (BHEL) declined 4.41% to Rs 1,796.05. As per reports,
the company will acquire Vizag-based Bharat Heavy Plates and
Vessels by the first half of 2008/09.
India's largest telecom services provider by sales Reliance
Communications fell 6.87% to Rs 482.75. It added 1.61 million
mobile subscribers in February 2008. The firm had 42.6 million
mobile subscribers at the end of January 2008.
Reliance Power declined 6.45% to Rs 315.70. It has reportedly
struck a deal to buy out a coal mine in Indonesia. The valuation of
the coal mine, based on its reserves, is estimated to be around Rs
20,000 crore.
Fertiliser stocks slumped. National Fertiliser (down 13.45% to Rs
38.60), Mangalore Chemicals & Fertilisers (down 10% to Rs 18.20),
Nagarjuna Chemicals & Fertilisers (down 7.79% to Rs 36.10), Chambal
Fertilisers & Chemicals (down 7.23% to Rs 48.75), Coromandel
Fertilisers (down 7.81% to Rs 103.30), Deepak Fertilisers (down
12.85% to Rs 92.60) edged lower.
Cairn India declined 6.61% to Rs 213.30. The company said today, 17
March 2008 before market hours its board will meet on 17 March 2008
to consider a preferential issue of equity shares.
Reliance Natural Resources clocked the highest volume of 2.26 crore
shares on BSE. Orchid Chemicals & Pharmaceuticals (1.54 crore
shares), Reliance Petroleum (1.37 crore shares), V-Guard Industries
(1.3 crore shares) and Ispat Industries (1.11 crore shares) were
the other volume toppers in that order.
Reliance Industries clocked highest turnover of Rs 274.22 crore on
BSE. GSS America Infotech (Rs 237.04 crore), Reliance Natural
Resources (Rs 232.49 crore), Reliance Petroleum (Rs 215.46 crore )
and Orchid Chemicals & Pharmaceuticals (Rs 206.98 crore) were the
other turnover toppers in that order
The market tumbled today as the fire sale of ailing US bank Bear
Stearns and the Federal Reserve's emergency cut in its discount
rate intensified concerns that there could be more victims of the
global credit crisis
A setback in global markets rattled domestic bourses today as the
Sensex posted its biggest single-day point fall. The fall on the
bourses accentuated in late trade as BSE Sensex fell more than
1,000 points at the fag end of the trading session. Heavy selling
was seen in banking stocks. ICICI Bank, HDFC, Hindalco Industries,
Reliance Communications, Tata Steel and Reliance Energy were among
the top losers from Sensex pack. The market breadth was weak.
The 30-share BSE Sensex lost 951.03 points or 6.03% at 14,809.49.
It hit a low of 14,739.72 in late trade, its lowest level since
late August 2007. At day's low Sensex fell 1,020.80 points in late
trade.The 30-share BSE Sensex lost 951.03 points or 6.03% at 14,809.49.
It hit a low of 14,739.72 in late trade, its lowest level since
late August 2007. At day's low Sensex fell 1,020.80 points in late
trade.BSE Clocked a turnover of Rs 5,701 crore today 17 March 2008
compared to a turnover of Rs 5,914.99 on Friday,14 March 2008.
Nifty March 2008 futures were at 4477, at a discount of 26.10
points as compared to spot closing of 4503.10.
The NSE's futures & options (F&O) segment turnover was Rs 40,058.11
crore, which was lower than Rs 40,184.57 crore on Friday, 14 March
2008.
Consumer durable index was major loser among sectoral indices on
BSE. It fell more than 10%. Fertiliser stocks plunged. All the BSE
secoral indices were in red.
The market breadth was weak: On BSE 2,405 shares declined as
compared to 282 shares that advanced. 43 shares remained unchanged.
The BSE Mid-Cap index fell 6.97 % to 6,124.35 and BSE Small-Cap
index declined 6.9% to 7,522.23. Both these indices underperformed
Sensex.
BSE Consumer Durables index (down 9.69% to 3,638.56), BSE Metal
index (down 7.54% to 13,725.52), BSE Bankex (down 9.06% to
7,569.16), BSE Realty index (down 7.86% to 7,106.53) , BSE Capital
Goods index (down 6.43% to 12,706.31) underperformed Sensex.
BSE PSU index (down 4.97% to 7,153.44), BSE IT index (down 3.2% to
3,297.71), BSE Oil & Gas index (down 5.34% to 9,801.86),BSE Power
index (down 5.58% to 2,973.68), BSE HealthCare index (down 5.2% to
3,621.90), BSE Auto index (down 4.62% to 4,329.46), and BSE FMCG
index (down 3.18% to 2,119.60) outperformed Sensex.
India's largest private sector company in terms of market
capitalisation and oil refiner Reliance Industries declined 6.08%
to Rs 2,180.60..
Jaiprakash Associates (down 11.94% to Rs 208.05), HDFC (down 11.07%
to Rs 2,225.55), Reliance Energy (down 8.13% to Rs 1,190.80),
Hindalco Industries (down 9.2% to Rs 164.85), Tata Steel (down
7.93% to Rs 658.50), Grasim Industries (down 6.55% to Rs 2,670.85)
and Larsen & Toubro (down 7.03% to Rs 2,703.50), were major losers
from Sensex pack.
Banking stocks declined further in late trade. India's largest
commercial bank by net profit State Bank of India declined 4.72% to
Rs 1,633.40. ICICI Bank (down 13.76% to Rs 757.40), HDFC Bank (down
5.89% to Rs 1,238.50) edged lower.
Consumer durables stocks extended losses. Titan Industries (down
13.03% to Rs 930.05), Rajesh Exports (down 15.58% to Rs 79.65),
Videocon Industries (down 7.46% to Rs 279.30) and Blue Star (down
10.26% to Rs 380.50) edged lower.
India's biggest power-equipment maker by sales Bharat Heavy
Electricals (BHEL) declined 4.41% to Rs 1,796.05. As per reports,
the company will acquire Vizag-based Bharat Heavy Plates and
Vessels by the first half of 2008/09.
India's largest telecom services provider by sales Reliance
Communications fell 6.87% to Rs 482.75. It added 1.61 million
mobile subscribers in February 2008. The firm had 42.6 million
mobile subscribers at the end of January 2008.
Reliance Power declined 6.45% to Rs 315.70. It has reportedly
struck a deal to buy out a coal mine in Indonesia. The valuation of
the coal mine, based on its reserves, is estimated to be around Rs
20,000 crore.
Fertiliser stocks slumped. National Fertiliser (down 13.45% to Rs
38.60), Mangalore Chemicals & Fertilisers (down 10% to Rs 18.20),
Nagarjuna Chemicals & Fertilisers (down 7.79% to Rs 36.10), Chambal
Fertilisers & Chemicals (down 7.23% to Rs 48.75), Coromandel
Fertilisers (down 7.81% to Rs 103.30), Deepak Fertilisers (down
12.85% to Rs 92.60) edged lower.
Cairn India declined 6.61% to Rs 213.30. The company said today, 17
March 2008 before market hours its board will meet on 17 March 2008
to consider a preferential issue of equity shares.
Reliance Natural Resources clocked the highest volume of 2.26 crore
shares on BSE. Orchid Chemicals & Pharmaceuticals (1.54 crore
shares), Reliance Petroleum (1.37 crore shares), V-Guard Industries
(1.3 crore shares) and Ispat Industries (1.11 crore shares) were
the other volume toppers in that order.
Reliance Industries clocked highest turnover of Rs 274.22 crore on
BSE. GSS America Infotech (Rs 237.04 crore), Reliance Natural
Resources (Rs 232.49 crore), Reliance Petroleum (Rs 215.46 crore )
and Orchid Chemicals & Pharmaceuticals (Rs 206.98 crore) were the
other turnover toppers in that order
Top loosers/ Gainers of 17th March
Top Losers
ICICI Bank 757.40 -13.76%
Jaiprakash Asso 208.05 -11.94%
HDFC 2222.00 -11.21%
Reliance Energy 1174.00 -9.42%
Top Gainers
None
ICICI Bank 757.40 -13.76%
Jaiprakash Asso 208.05 -11.94%
HDFC 2222.00 -11.21%
Reliance Energy 1174.00 -9.42%
Top Gainers
None
today was 2nd highest fall ever for market!!!
The markets ended near the lowest point of the day with a sharp cut on account of heavy selling in scrips across sectors. It was the second biggest single day point fall for Sensex ever, down nearly 1000 points. It was the lowest close for Nifty since September 2007 and lowest close for Sensex since August 2007.Broader markets underperformed the benchmark indices and both the midcap and smallcap indices are down over 6% each. NSE advance:decline was at 1:17. All sectoral indices closed in red, not a single Sensex & Nifty stock was in green.All BSE sector indices were deep in red. Bankex was top laggard down 9%, followed by realty , metal index down over 8% and oil & gas index were down over 5%.
ICICI BANK worst hit, Markets closes at days low..
ICICI BANK worst hit by todays crash, Down to year low.
NIFTY down 261.25 points- 86 advances to 1154 declains
Sensex down 1020.40 Points
Both break all major supports.. Market breadth is very weak.
NIFTY down 261.25 points- 86 advances to 1154 declains
Sensex down 1020.40 Points
Both break all major supports.. Market breadth is very weak.
Todays performance :( not too good..
Buy GUJARAT N R E COKE LTD @146 given at 10:30 reached 150.
RCOM@495 SL triggered/ Buy not triggered
RNRL@102-103 went up till 104.85
HDFC@2300 SL triggered
RPL@157 went upto 159.45
hindalco@172 went up til 175
voltas@165 SL triggered
RCOM@495 SL triggered/ Buy not triggered
RNRL@102-103 went up till 104.85
HDFC@2300 SL triggered
RPL@157 went upto 159.45
hindalco@172 went up til 175
voltas@165 SL triggered
Monday, March 17, 2008
Buy now with strict sl
RCOM@495
RNRL@102-103
HDFC@2300
RPL@157
hindalco@172
voltas@165
dont keep long book profits at ur levels. Buy with Strict SL
RNRL@102-103
HDFC@2300
RPL@157
hindalco@172
voltas@165
dont keep long book profits at ur levels. Buy with Strict SL
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