SHREE GANESHAY NAMAAH !
Sensex slumps 4.1% amid global rout in equities
Fears of weak Q2 September 2011 corporate earnings and a rout in global stocks triggered by data showing a further slowdown in China's manufacturing sector and Federal Reserve's assessment that the US economy faces significant downside risks rattled Indian shares. The 50-unit S&P CNX Nifty hit 3-1/2-week low below the psychological 5,000 level. The barometer index BSE Sensex also hit 3-1/2-week trough. The Sensex was provisionally down 722.23 points or 4.24%, up close to 25 points from the day's low and off about 495 points from the day's high
All the shares from the 30-share Sensex pack fell.
Future Stocks To Watch For Short Terms :
Welcorp Seems To be Stable @ current rate if it doesnot close below 118, it may jump upto Rs. 125--129--132--136 or more to 148, Close @ 119.70 !
REL COMMUNICATION
The tower sale is seeing interest by the private equity investor. However, the entire concern is on the valuations because the mandate has been given by the management or the promoter to UBS is to hunt for 95% of their stake at 5 billion dollar. The stock shown some weakness it may touch to rs. 72, n then it can bounceback to upward levels.
IVRCL
IVRCL bags order worth Rs 2228.94 crore. The counter falls on selling pressure on market. It close at rs. 37.60, it has shown weakness it may further slide to rs. 34.50.
TATA COMMUNICATION
Tata Comm and Essar Telecom Kenya (yuMobile), a unit of Essar Group, today announced the signing of a mutually beneficial strategic sourcing agreement. Under the deal, yuMobile would, exclusively, route all its international voice traffic through Tata Communications' network. yuMobile continues to be one of the company’s key suppliers of telecommunication services throughout Kenya. Despite of deal counter falls nearly 5 % close at rs. 192.95, if falls below 191, the stock fall further downside to rs. 185--182--179.
September Month (2011) :
Open : 5109.80
High : 5169.25
Low : 4907.75
Close: 4923.65
Avg. : 5027.61
Yearly (2011) :
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 4923.65
Avg. : 5500.54
NIFTY FUTURE
R5 : 5008
R4 : 4996
R3 : 4972
R2 : 4956
R1 : 4932
CMP: 4913.90
S1 : 4900
S2 : 4892
S3 : 4875
S4 : 4850
S5 : 4816
Market Updates :
All 13 sectoral indices on BSE decline
Stocks witnessed a broad based sell-off on fears of weak Q2 September 2011corporate earnings and a setback in world stocks.
The BSE Sensex slumped 704 points or 4.13% to settle at 16,361.15, its lowest closing level since 26 August 2011.
The BSE Realty index underperformed the Sensex, falling 5.67% to 1,733.42. Top losers from the BSE Realty index were, Housing Development & Infrastructure (down 8.32%),Indiabulls Real Estate (down 7.35%) and DLF (down 7.16%).
The BSE Metal index underperformed the Sensex, falling 4.34% to 11,782.92. Top losers from the BSE Metal index were, Sterlite Industries (down 6.82%), JSW Steel (down 6.67%) and NMDC (down 5.55%).
The BSE Oil & Gas index underperformed the Sensex, falling 4.19% to 8,375.44. Top losers from the BSE Oil & Gas index were, Reliance Industries (down 6.16%), Petronet LNG (down 6.1%) and Essar Oil (down 4.60%).
The BSE TECk index outperformed the Sensex, falling 4.10% to 3,125.04. Major losers from the BSE TECk index were, Deccan Chronicle Holdings (down 8.16%), Reliance Communications (down 7.74%) and Tata Teleservices (Maharashtra) (down 7.57%).
The BSE Bankex outperformed the Sensex, falling 3.98% to 10,907.93. Top losers from the BSE Bankex were, Yes Bank (down 5.19%), Kotak Mahindra Bank (down 4.63%) and IndusInd Bank (down 4.33%).
The BSE Auto index outperformed the Sensex, falling 3.86% to 8,555.56. Major losers from the BSE Auto index were, Tata Motors (down 5.98%), Mahindra & Mahindra (down 3.86%) and Bajaj Auto (down 3.83%).
The BSE IT index outperformed the Sensex, falling 3.86% to 5,001.95. Top losers from the BSE IT index were, MphasiS (down 6.49%), Financial Technologies (down 6.14%) and HCL Technologies (down 5.70%).
The BSE Capital Goods index outperformed the Sensex, falling 3.83% to 11,373.67. Top losers from the BSE Capital Goods index were, Praj Industries (down 7.83%), Suzlon Energy (down 7.65%) and Punj Lloyd (down 7%).
The BSE Power index outperformed the Sensex, falling 3.69% to 2,141.19. Major losers from the BSE Power index were, Lanco Infratech (down 9.17%), Adani Power (down 5.62%) and Reliance Infrastructure (down 5.56%).
The BSE Consumer Durables index outperformed the Sensex, falling 3.41% to 6,745.80. Top losers from the BSE Consumer Durables index were, Rajesh Exports (down 6.14%), C. Mahendra Exports (down 6.04%) and TTK Prestige (down 4.09%).
The BSE FMCG index outperformed the Sensex, falling 2.77% to 3,825.46. Top losers from the BSE FMCG index were, Tata Global Beverages (down 6.90%), ITC (down 3.34%) and United Breweries (down 3.32%).
The BSE PSU index outperformed the Sensex, falling 2.64% to 7,554.30. Top losers from the BSE PSU index were, HMT (down 7.15%), Power Finance Corporation (down 6.53%) and Dredging Corporation of India (down 5.84%).
The BSE Healthcare index outperformed the Sensex, falling 2.16% to 5,883.85. Top losers from the BSE Healthcare index were, Orchid Chemicals & Pharmaceuticals (down 8.46%), Opto Circuits (India) (down 5.27%) and Aurobindo Pharma (down 4.94%).
The BSE Mid-Cap index fell 3.10% to 6,275.65 and the BSE Small-Cap index fell 3.14% to 7,121.52. Both these indices outperformed the Sensex.
Note : Data From Capital Market And Money Control !
Note : Kindly Trade With Stoploss !
No comments:
Post a Comment