SHREE GANESHAY NAMAAH !
Ganpati Bappa Morya Wishing To All Our Readers A Happy Ganesh Chaturthy, May Lord Ganesha Gives All Of U "SUKH","SHANTI" N "SAMRRIDHI". !!!!
Stocks Which Can Bounce Back In Some Days ! :
Cairn India CMP 262, SL 245, Tgt 308 ! High Made 288.40 Closed @ 285.50 ! Can Book Profit, Revised SL 272.00 !
Unitech CMP 26.25, SL 24, TGT 30.50--33 ! High Made 28.55 Closed @ 27 ! Can Book Profit Revised SL 25.00 !
Andhra Bank CMP 124, SL 113, TGT 144 ! High Made 131.95 Closed @ 131.40 ! Can Book Profit, Revised SL 127 !
Sensex provisionally gains 0.91% as pivotals sizzle in late trade Among the 30-share Sensex pack, 20 rose while the rest declined. NTPC (down 1.39%), Tata Power (down 1.67%), and HDFC (down 0.72%), edged lower from the Sensex pack. Food inflation firmed up to 10.05% in the week ended 20 August 2011, the highest in nearly six months from 9.80% rise in the previous week. Meanwhile the finance minister Pranab Mukherjee described this as “really disturbing” and raised the possibility of yet another 0.5% rate hike by Reserve Bank of India in the coming weeks. Exports surged 81.79% to $29.3 billion while imports jumped 51.5% to $40.4 billion in July 2011 over July 2010, leaving a trade deficit of $11 billion, data released on Thursday showed. Strong Q1 June 2011 GDP growth data helped Indian shares edge higher for the second day on Tuesday, 30 August 2011 to close at highest level in nearly two weeks. The BSE Sensex jumped 260.42 points or 1.59% to settle at 16,676.75, its highest closing level since 17 August 2011 and the S&P CNX Nifty was up 81.40 points or 1.65% to settle at 5,001, its highest closing level since 17 August 2011. The latest data showed that the Indian economy expanded 7.7% in Q1 June 2011 from a year earlier, helped by strong growth in the services sector. The manufacturing sector grew an annual 7.2% in Q1 June 2011, while farm output rose an annual 3.9%, the data showed. The strong Q1 June 2011 GDP growth data is likely to prompt the Reserve Bank of India to continue raising interest rates when it undertakes mid-quarter policy review on 16 September 2011 to restrain inflation, which remains well above the central bank's perceived comfort level of 5% to 6%.
September Month (2011) :
Open : 5109.80
High : 5113.70
Low : 4993.50
Close: 5040.00
Avg. : 5064.25
Yearly (2011) :
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 5040.00
Avg. : 5529.63
NIFTY FUTURE
R5 : 5128
R4 : 5102
R3 : 5086
R2 : 5062
R1 : 5048
CMP: 5034.10
S1 : 5025
S2 : 5008
S3 : 4992
S4 : 4975
S5 : 4948
Market Updates : Manappuram Finance leads gainers in 'A' group Shriram Transport Finance Company, Reliance Communications, JSW Steel and Chambal Fertilizers & Chemicals are among the other gainers. Manappuram Finance spurted 11.11% to Rs 56 extending recent gains triggered by the company's issue of non convertible bonds (NCD). The stock topped the gainers in the BSE's 'A' group. Manappuram Finance's public issue of NCDs aggregating Rs 400 crore with an option to retain over-subscription up to Rs 350 crore for issuance of additional NCDs aggregating to a total of up to Rs 750 crore opened for subscription on 18 August 2011. The issue closes on 5 September 2011. Shriram Transport Finance Company soared 6.67% to Rs 672.90. The stock was second biggest gainer in 'A' group. Reliance Communications jumped 6.29% to Rs 84.45. The stock was third biggest gainer in 'A' group. JSW Steel surged 6.27% to Rs 720.60. The stock was fourth biggest gainer in 'A' group. Chambal Fertilizers & Chemicals moved up 6.26% to Rs 112.90. The stock was fifth biggest gainer in 'A' group. The stock hit a record high of Rs 114.35 in intraday trade today, 2 September 2011. Derivatives: Market may witness further consolidation as the RBI resorts to further tightening Domestic and global economic uncertainty still prevails and the ForeignInstitutional and the domestic institutional participation still is thin as they remain cautious DLF, M&M, Tata Steel in demand as market extends gains for third day.
Note : Data From Capital Market And Money Control ! Note : Kindly Trade With Stoploss !
Ganpati Bappa Morya Wishing To All Our Readers A Happy Ganesh Chaturthy, May Lord Ganesha Gives All Of U "SUKH","SHANTI" N "SAMRRIDHI". !!!!
Stocks Which Can Bounce Back In Some Days ! :
Cairn India CMP 262, SL 245, Tgt 308 ! High Made 288.40 Closed @ 285.50 ! Can Book Profit, Revised SL 272.00 !
Unitech CMP 26.25, SL 24, TGT 30.50--33 ! High Made 28.55 Closed @ 27 ! Can Book Profit Revised SL 25.00 !
Andhra Bank CMP 124, SL 113, TGT 144 ! High Made 131.95 Closed @ 131.40 ! Can Book Profit, Revised SL 127 !
Sensex provisionally gains 0.91% as pivotals sizzle in late trade Among the 30-share Sensex pack, 20 rose while the rest declined. NTPC (down 1.39%), Tata Power (down 1.67%), and HDFC (down 0.72%), edged lower from the Sensex pack. Food inflation firmed up to 10.05% in the week ended 20 August 2011, the highest in nearly six months from 9.80% rise in the previous week. Meanwhile the finance minister Pranab Mukherjee described this as “really disturbing” and raised the possibility of yet another 0.5% rate hike by Reserve Bank of India in the coming weeks. Exports surged 81.79% to $29.3 billion while imports jumped 51.5% to $40.4 billion in July 2011 over July 2010, leaving a trade deficit of $11 billion, data released on Thursday showed. Strong Q1 June 2011 GDP growth data helped Indian shares edge higher for the second day on Tuesday, 30 August 2011 to close at highest level in nearly two weeks. The BSE Sensex jumped 260.42 points or 1.59% to settle at 16,676.75, its highest closing level since 17 August 2011 and the S&P CNX Nifty was up 81.40 points or 1.65% to settle at 5,001, its highest closing level since 17 August 2011. The latest data showed that the Indian economy expanded 7.7% in Q1 June 2011 from a year earlier, helped by strong growth in the services sector. The manufacturing sector grew an annual 7.2% in Q1 June 2011, while farm output rose an annual 3.9%, the data showed. The strong Q1 June 2011 GDP growth data is likely to prompt the Reserve Bank of India to continue raising interest rates when it undertakes mid-quarter policy review on 16 September 2011 to restrain inflation, which remains well above the central bank's perceived comfort level of 5% to 6%.
September Month (2011) :
Open : 5109.80
High : 5113.70
Low : 4993.50
Close: 5040.00
Avg. : 5064.25
Yearly (2011) :
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 5040.00
Avg. : 5529.63
NIFTY FUTURE
R5 : 5128
R4 : 5102
R3 : 5086
R2 : 5062
R1 : 5048
CMP: 5034.10
S1 : 5025
S2 : 5008
S3 : 4992
S4 : 4975
S5 : 4948
Market Updates : Manappuram Finance leads gainers in 'A' group Shriram Transport Finance Company, Reliance Communications, JSW Steel and Chambal Fertilizers & Chemicals are among the other gainers. Manappuram Finance spurted 11.11% to Rs 56 extending recent gains triggered by the company's issue of non convertible bonds (NCD). The stock topped the gainers in the BSE's 'A' group. Manappuram Finance's public issue of NCDs aggregating Rs 400 crore with an option to retain over-subscription up to Rs 350 crore for issuance of additional NCDs aggregating to a total of up to Rs 750 crore opened for subscription on 18 August 2011. The issue closes on 5 September 2011. Shriram Transport Finance Company soared 6.67% to Rs 672.90. The stock was second biggest gainer in 'A' group. Reliance Communications jumped 6.29% to Rs 84.45. The stock was third biggest gainer in 'A' group. JSW Steel surged 6.27% to Rs 720.60. The stock was fourth biggest gainer in 'A' group. Chambal Fertilizers & Chemicals moved up 6.26% to Rs 112.90. The stock was fifth biggest gainer in 'A' group. The stock hit a record high of Rs 114.35 in intraday trade today, 2 September 2011. Derivatives: Market may witness further consolidation as the RBI resorts to further tightening Domestic and global economic uncertainty still prevails and the ForeignInstitutional and the domestic institutional participation still is thin as they remain cautious DLF, M&M, Tata Steel in demand as market extends gains for third day.
Note : Data From Capital Market And Money Control ! Note : Kindly Trade With Stoploss !
No comments:
Post a Comment