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". !!!!

Steady run on D-Street: Finale post RBI Sept 16 meet

The Indian market rode on strong global cues to pile on handsome gains. The Nifty gained over 60 points, while the Sensex slammed a double century , settling above the psychological level of 17,000.

At last it seems foreign investors have detached India from the rest of the world. "After several bad days globally, FII flow to India has been positive. Thus, it's pretty clear that there has been some kind of a rethinking on the part of FIIs," Dipan Mehta, member of BSE and NSE said.

Market at 4 week closing high

Sensex provisionally up 1.11% powered by L&T, RIL and Coal India

Short Term Future Calls :

Raymond Looks Strong Above 374, With SL of Rs. 358, Tgt 382--390--398--410 !!!!!

Jet Airways May Fly Above Rs. 310, With SL of Rs. 290, Tgt 324--348--362--390 !!!!!

September Month (2011) : 
Open : 5109.80
High : 5154.50
Low : 4942.90
Close: 5124.65
Avg. : 5082.96

Yearly (2011) : 
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 5124.65
Avg. : 5550.79

NIFTY FUTURE 

R5 : 5208
R4 : 5186
R3 : 5164
R2 : 5148
R1 : 5128

CMP: 5117.20

S1 : 5102
S2 : 5084
S3 : 5062
S4 : 5036
S5 : 5018

Market Updates : 

Jaiprakash Associates leads gainers in 'A' group.

Unitech, Adani Power, Ambuja Cements and Indiabulls Real Estate are among the other gainers.

Diversified infrastructure company Jaiprakash Associates spurted 7.70% to Rs 71.35 on reports the company is exploring the option to rope in a strategic partner for its cement business. The stock topped the gainers in the BSE's 'A' group.

According to reports, Jaiprakash Associates is open to diluting up to 26% in the cement business. The firm has reportedly roped in a clutch of investment bankers to advise on any strategic stake sale. Preliminary talks have already begun with large South America conglomerates such as Cemex and Votorantim Group, who have a global presence but are also looking at a bigger India play. A deal, if any, may still take some time to fructify, reports added.

Real estate developer Unitech climbed 7.17% to Rs 28.40. The stock was second biggest gainer in 'A' group.

Adani Power jumped 6.64% to Rs 93.95. The stock was third biggest gainer in 'A' group.

Ambuja Cements galloped 6.27% to Rs 147.55. The stock was fourth biggest gainer in 'A'group.

Indiabulls Real Estate rose 5.65% to Rs 87.85. The stock was fifth biggest gainer in 'A'group.

The recent resumption of buying by foreign funds along with upbeat global markets helped Indian bourses scale 4 week closing high. The BSE Sensex was up 202.19 points or 1.2%, up close to 140 points from the day's low and off close to 90 points from the day's low. BSE Sensex regained psychological 17,000 mark. The market breadth, indicating the overall health of the market, was strong.

Today's buying was broad based as reflected by gains in 12 of the 13 sectoral indices on the BSE. Index heavyweight Reliance Industries (RIL) extended Tuesday's rally after the company's partner BP Plc reportedly said it is confident of raising natural gas productionfrom its eastern offshore KG-D6 block in two years time. Banking stocks gained on bargain hunting after recent steep losses triggered by concerns that elevated interest rates may restrict loan growth. Jaiprakash Associates jumped close to 8% on report it was in talks to sell up to 26% stake in its cement business to Mexico's Cemex and South America's Votorantim Group.

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !