SHREE GANESHAY NAMAAH !

Finance Ministry increases FII investment limit to $15bn

Foreign Institutional Investors (FIIs) can now invest USD 5 billion more in the government securities. This move is expected to increase the participation of FIIs in the government securities. The finance ministry has increased the FII investment limit to USD 15 billion, reports

Sensex closes 314 pts down on FIIs selling; RIL falls 4.5%

The Indian markets crumbled under intense selling pressure with the Nifty surrendering the crucial 4,950 support level. Across the board selling in oil & gas, private banks, technology and steel stocks dragged the index sharply lower in late trade.

Uncertainty in Europe added to the woes. The Nifty closed the session at 4,934 down almost a 100 points while the BSE 30-share Sensex ended at 16,461 down 314 points.

The broader indices declined about 1.3%. Meanwhile, the rupee too was on a weak wicket. The Indian currency showed some resistance in early trade, but soon resumed its downward trajectory

Larson N Tourbo close @ 1232.50 Cash, If Closes Below 1215 Stay Away We Wil C 1050 To 960. Hope didn’t Close Below 1215 Levels !

Another Stock PETRONET LNG, IF TRADES BELOW 159.50 IN FNO WIL C 157.50 TO 153 !

2011- Jan High – 6181.05 –Not Cross Its January High Of 6181.05, 10Feb Close @ 5225 (Made Low Of 5177, But Close Above 5221) N Again on 20th June (Made Low Of 5182.40, But Close Above5221 ). Once Again On 5th August Close @ (Made Low 5116.45, But Close Above 5221) If Closes Below 5221 (2009 High) Levels than Negative For Market. NIFTY CLOSED BELOW LOW OF JAN ON 8TH .Still No Signal For Buy. ITS SIGN OF SELL….. !!! FREE FALL MARKET FROM CLOSING BELOW JAN. LOW . CMP @ 5066.75. ! MADE LOW OF 4765 ! I MENTIONED HERE NIFTY HAS TO CLOSE ABOVE 5221, LAST EXPIRY OF OCT CLOSE @ 5181.95, CMP NOW @ 5330, YESTERDAY MADE LOW OF 5221.15, SO THIS EXPIRY IT HAS TO CLOSE ABOVE 5221 THEN ONLY MORE UPSIDE POSSIBLE CLOSING BELOW 5221 WIL LEAD TO 4840 FUTURE ! CLOSE AT 4932.95 ! ENJOY SHORT CALLLLL !

Expiry Stats :
Open : 5241.15
High : 5402.75
Low : 4915.00
Close: 4932.95
Avg. : 5122.96

Yearly (2011) : 
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 4932.95
Avg. : 5502.86

NIFTY FUTURE 

R5 : 5100
R4 : 5065
R3 : 5025
R2 : 4995
R1 : 4952

CMP: 4932.95

S1 : 4918
S2 : 4867
S3 : 4842
S4 : 4816
S5 : 4792

Market Updates : 

Pantaloon Retail (India) leads gainers in 'A' group

MphasiS, Gujarat Mineral Development Corporation, Rashtriya Chemicals andFertilisers and Torrent Pharmaceuticals are among the other gainers.

Organized retailer Pantaloon Retail (India) galloped 8.13% to Rs 182.85, extendingWednesday's (16 November 2011) 10.60% spurt triggered by buzz that the governmentmay allow foreign direct investment in multi-brand retail. The stock topped the gainers in the BSE's 'A' group.

IT company MphasiS rose 3.73% to Rs 299.25 on bargain hunting after the stock tumbled 15.23% in the preceding six sessions to Rs 288.50 on 16 November 2011, from a recent high of Rs 340.35 on 4 November 2011. The stock was second biggest gainer in 'A' group.

Gujarat government-owned miner Gujarat Mineral Development Corporation (GMDC) rose 1.81% to Rs 179.90. The stock was third biggest gainer in 'A' group. Net profit of GMDC rose 12.16% to Rs 62.62 crore on 2.03% decline in net sales to Rs 244.06 crore in Q2 September 2011 over Q2 September 2010. The result was announced on Tuesday, 15 November 2011.

Rashtriya Chemicals and Fertilisers rose 1.40% to Rs 65 on bargain hunting after the stock fell 13.08% in the preceding eight sessions to Rs 64.10 on 16 November 2011, from a recent high of Rs 73.75 on 2 November 2011. The stock was fourth biggest gainer in 'A' group.

Torrent Pharmaceuticals rose 1.30% to Rs 565.85. The stock was fifth biggest gainer in 'A' group.

Sensex, Nifty settle near 6-week lows on weak Q2 earnings

Market extends losses in late trade; RIL off 4.5%

The market moved into positive terrain soon after opening on a weak note. The initial recovery proved short-lived. The market weakened to hit fresh intraday low in morning trade. The Nifty fell below the psychological 5,000 mark. The market once again moved into positive zone in mid-morning trade as Asian stocks reversed intraday losses. The Nifty regained the psychological 5,000 mark.

The market once again slipped into the red after hitting fresh intraday high in mid-morning trade. The Sensex alternately swung between positive and negative zone later. The market weakened in mid-afternoon trade as European stocks fell in early trade. The Nifty once again fell below the psychological 5,000 mark. The market extended losses in late trade.

Data showing selling by foreign funds recently weighed on sentiment. Foreign institutional investors (FIIs) sold shares worth Rs 488.89 crore on Wednesday, 16 November 2011, as per the provisional data from the stock exchanges. FII outflow totaled Rs 898.66 crore in two trading sessions from 15 and 16 November 2011, as per data from the stock exchanges.

As per provisional figures, the BSE Sensex was down 339.18 points or 2.2% to 16,436.69. The index rose 31.28 points at the day's high of 16,807.15 in mid-morning trade. The index declined 367.37 points at the day's low of 16,408.50 in late trade, its lowest levels since 10 October 2011.

The S&P CNX Nifty was down 103.25 points or 2.05% to 4,927.20, as per provisional figures. The Nifty hit a high of 5,036.80 in intraday trade. The index hit a low of 4,919.45 in intraday trade, its lowest levels since 10 October 2011.

BSE clocked turnover of Rs 2190 crore, lower than Rs 2513.20 crore on Wednesday, 16 November 2011.

The market breadth, indicating the overall health of the market, was weak. On BSE, 1,943 shares fell and 879 rose. A total of 120 shares were unchanged.

From the 30-share Sensex pack, 27 fell and only three rose.

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !