New Expiry series kicked off

The new expiry series kicked off on a positive note in the opening bell. Asian markets were trading firm.

At 09.18, the Sensex was up 59.60 points at 18104.24, and the Nifty was up 25.65 points at 5438.

Top gainers on the Sensex were ICICI Bank at Rs 1,046 up 1.98%, HDFC at Rs 652.75 up 1.53%, Bharti Airtel at Rs 372.90 up 1.30%, DLF at Rs 219 up 1.25% and TCS at Rs 1,145.75 up 1.17%.

Top losers on the Sensex were Tata Motors at Rs 1,131.95 down 2.52%, Hero Honda at Rs 1,860.00 down 0.69%, Tata Power at Rs 1,198.20 down 0.14%, HUL at Rs 306.30 down 0.02%.

FY11 results has announced HPCL

Hindustan Petroleum Corporation, HPCL has announced its FY11 results. The company's FY11 consolidated net sales were up at Rs 1.38 lakh crore versus Rs 1.11 Lakh crore.
Its consolidated net profit was up 15% at Rs 1,703.6 crore versus Rs 1,475.3 crore.

Google, Facebook warn on Internet rules

Google Inc Chairman Eric Schmidt and Facebook founder Mark Zuckerberg warned governments to tread lightly on Internet regulation because moves to tame its rough edges risked hurting its virtues.

At the conclusion of a two-day forum in Paris, their comments exposed deep rifts between tech titans, academics and policy makers even as they tried to agree on a message to take to world leaders at the Group of Eight industrialized nations meeting on Thursday in Deauville, France.

What is the G8 and what does it do?

Diesel and LPG likely to be hiked next month

After petrol, price of diesel, LPG and kerosene are likely to be hiked next month when a ministerial panel headed by Finance Minister Pranab Mukherjee meets to decide on passing rise in crude rates to consumers.
"The Empowered Group of Ministers (EGoM) has been scheduled to meet on June 9," a top oil ministry official said. "Price of diesel, LPG and kerosene will have to go up.

Rs 4 per litre increase in diesel and at least Rs 20-25 per 14.2-kg cylinder

Some Important Terms used in Share Market

SEBI : The regulatory body for the investment market in India. The purpose of this board is to maintain stable and efficient markets by creating and enforcing regulations in the marketplace.

What Does Expiry?
The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. The expiration date for all listed stock options in the U.S. is the third Friday of the expiration month (except when it falls on a holiday, in which case it is on Thursday).

Stop Loss/ Stop Market order: An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit an investor's loss on a security position. Setting a stop-loss order for 10% below the price you paid for the stock will limit your loss to 10%. This strategy allows investors to determine their loss limit in advance, preventing emotional decision-making.

Intraday Mean: Another way of saying "within the day". Intraday price movements are particularly important to short-term traders looking to make many trades over the course of a single trading session. The term intraday is occasionally used to describe securities that trade on the markets during regular business hours

Delivery Mean: In case of delivery ,you have to pay the full value of the shares and the shares get credited to your account.You can keep these shares for as long as you like. Also the brokerage in case of intraday is very small in comparison to delivery.

Stock Exchange: A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends. Securities traded on a stock exchange include shares issued by companies.

Opening Bell: The Opening Bell is a daily snapshot of the stock markets.