20 January 2011

Asian signals Nifty week

Nifty down after Asian markets slipped in opening trade. Index level of 5650 tested in early trading, a decline in telecommunications (mobile number today), finance, oil & gas and metal stocks led companies.

nifty

Front liners, Reliance Communications, Bharti Airtel, Tata Motors, Sesa Goa, Jindal Steel & Power, Sterlite Industries, Reliance Capital, Jaiprakash Associates, HCL Tech, Reliance Industries, SAIL, SBI, ICICI Bank and PNB had witnessed selling pressure.

Nifty 5650 from weak Asian cues, RIL, SBI, Bharti slip test

However, Kotak Mahindra Bank gained (numbers before today), Bajaj Auto, Wipro (figures yesterday), Hero Honda and M & M

09:17, the 30 share BSE Sensex was trading at 18 841, down 137 points and Nifty 50 stocks fell 5647-43 issue.

CNX Midcap and Smallcap 8130 lost 42 points from 34 points to 8867. Junior Nifty slipped 11265-61 points. More than 168 shares 536 shares were received in the National Stock Exchange advanced.

New List - C Mahendra Exports trading at Rs 118 above the issue price was with a premium of 7%.

Midcap and smallcap space:

Results Reaction: UFLEX LIC Housing Finance 0.5% and 1.5% during the Orchid Chemical fell by 1.4%.

Yes Bank was announced today by 0.6% and 2% tvs motor before the numbers.

4% and 3.4% previously beat KRBL.

Zee Entertainment, Canara Bank, Jet Airways, Bajaj Hindustan and Hindustan Motors has been 1.5-2.5%.

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