19 January 2011

Narrow range Nifty

At 11:55 am, Nifty trading in a narrow range of 5708-5747 after the return day after tomorrow on the lower back was covered. Metal, oil & gas, Anil Dhirubhai Ambani Group and telecoms stock markets were supported, ICICI Bank, HCL Tech, NTPC, Mahindra & Mahindra, ITC and Cipla combined with.

Business on the other hand, large companies, IT, capital goods, cement and select auto companies on the sale of continued fractions. SBI, HDFC Bank, Sun Pharma, JSPL, HDFC and PNB also declined.

Narrow range Nifty, Infosys, TCS, L & T, SBI, HDFC Bank dip. Although the first market experts see as much damage is in a consolidation mode. Witness sets and short futures Nifty index at 120 points to other MF Global CEO Vineet Bhatnagar of compression is expected.

Bhatnagar says that FIIs sold index futures and cash markets in the U.S. $ 1,400,000,000 to 1.3.

CLSA Lawrence concludes that Nifty may test 5300-5500 in the near future to Balanco. Finally nifty late November 2010 lows, which supports short-term results from 5.300 to 5.500 in the area a thorough examination should be distinguished under the current uptrend support. "

30 share BSE Sensex to 19115-23 points and 50 share Nifty of the business with a gain of 6.75 points was 5731.

The second largest IT software services exporter Infosys lost 1.5%, TCS and Wipro fell 0.2% to 0.6% is lost. However, HCL Tech today to take them to assume a Q2 net profit at Rs 400 in the December quarter jumped 20.85%, with 4.6% rally in million company.

L & T, BHEL and Siemens 0.7 to 1.7% of capital goods space is lost. Fiscal space SBI, PNB and HDFC Bank were up by 0.9%, any ICICI Bank, Axis Bank and Kotak Mahindra Bank, while 2.3% received 1 to.

ADAG radar coverage at the company's shares, Reliance Communications, Reliance Capital and Reliance Power from 0.6 to 1.3% has climbed to the buyer. Reliance Infrastructure gained 3.65%.

Heavyweight Reliance Industries and ONGC gained 0.8%. Cell 4.6%, Nifty growth leader Sterlite, Hindalco, Tata Steel and Sesa Goa were 1.7 2.9%.


Midcap space, Manappuram, ArsS Infra, Glenmark, IBN18 Bank of transmission and gathering 4-6%, while CESC Flourochem Gujarat, Radico Khaitan, Value Infrastructure and Shopper's Stop has slipped 2-4%.

Smallcap space jump, Tata Coffee, polyplex Corp., Atco Corp., SE exposure, TTK Prestige, Sahara One during the Odyssey of Finance and Electrotherm 7-11%, India 6.5% from 4.7 at the Securities and LS Industries fell.

Benchmark indices are widely used across the BSE Midcap and Smallcap indices were up 0.7% each.

1732 compared to about 931 stocks listed on the Bombay Stock Exchange stock was upgraded.

No comments:

Custom Search
Get