21 January 2011

Choppy Nifty

Nifty put on Friday and shaved tomorrow, get into extreme volatility. Index level of 5700 was trying to keep the DAX is the 19,000 mark. Were technology, metal, FMCG and capital goods stocks, personal finance companies, while sellers radar "radar Anil Dhirubhai Ambani Group" and the buyer's shares (the result will be known today) were.

Wipro posts 3% Q3FY11 numbers tanked. Q3 3.4% on the net Rs 1319 crore and dollar denominated global IT revenues by $ 1.34 billion gain 5.6% (qoq) to increase. Suresh Vaswani and Girish Paranjpe as joint CEOs came. T Kurien, Wipro now be the new CEO.

Choppy Nifty, Reliance, BHEL, ITC is expected to NOS; Wipro Dips

Front liners Sterlite Industries, Hindalco, Power Grid, BPCL, Bharti Airtel, Tata Motors, ICICI Bank, HDFC Bank, Axis Bank, ONGC, Infosys and TCS was witnessed selling pressure.

However, there were Reliance Industries, BHEL and PNB from 0.7% earlier today with their numbers to increase business.

L & T and NTPC in the trade were other winners.

Um 9:17 h, 30 share BSE Sensex was trading at 18 and 964, 84 points below the 5688-23 50-share NSE Nifty slipped points.

However, CNX Nifty Junior Midcap rose 11361-9 8213-11 issue was only numbers. 280 shares advanced more than 345 stocks were on the National Stock Exchange.

Midcap and smallcap space:

NIIT Ltd 5% before the number accumulated. KPIT Cummins 0.9%.

1% of the Orchid Chemical. Shasun Chemicals and Cadila Healthcare jumped by 3%.

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