SHREE GANESHAY NAMAAH !

Petrol prices slashed by Rs 1.85 per litre from midnight !

In what comes as big relief to the Indian consumers, oil marketing companies have decided to cut petrol prices by Rs 1.85 per litre, the first reduction in 33 months.

State-owned oil companies passed on Rs 1.85 a litre that they gained from a fall in global oil prices and a marginal appreciation in rupee value. Adding 20 per cent local sales tax, the decrease in Delhi comes to Rs 2.22 per litre.

Sell on rallies! The best way forward, say experts !

It was another distressing session on Dalal Street. What began as a muted session, ended up being a total washout. European jitters took centrestage yet again, and the markets sold off in late trade.

The Nifty lost 80 points to close just below the 5,070 mark and the Sensex lost 240 points to end at 16,880.

Cipla Ltd
            Pharma major Cipla jumped 6.51% to Rs 306.90 after the company announced after market hours on Monday (14 November 2011) that net profit rose 17.47% to Rs 308.97 crore on 9.8% growth in income from operations to Rs 1804.28 crore in Q2 September 2011 over Q2 September 2010. The stock topped the gainers in the BSE's 'A' group. 

Tata Power
           Tata Power tumbles on weak consolidated earnings. It falls more than 7 % made low of Rs. 93.30, and close at Rs. 98.80, Consolidated net sales rose 30.2% to Rs 6248.33 crore in Q2 September 2011 over Q2 September 2010. The company reported consolidated net loss of Rs 1218.86 crore in Q2 September 2011 compared with a net profit of Rs 672.54 crore in Q2 September 2010. 

Unitech
          Unitech slides after weak Q2 numbers. Unitech lost nearly 6% to close at Rs 24.20, after consolidated net profit dropped 46.8% to Rs 92.46 crore on 2.9% decline in net sales to Rs 626.06 crore in Q2 September 2011 over Q2 September 2010.  

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 !

Expiry Stats :
Open : 5241.15
High : 5402.75
Low : 5063.75
Close: 5078.20
Avg. : 5196.46

Yearly (2011) : 
Open : 6177.45
High : 6181.05
Low : 4720.00
Close: 5078.20
Avg. : 5539.18

NIFTY FUTURE 

R5 : 5180
R4 : 5160
R3 : 5136
R2 : 5118
R1 : 5095

CMP: 5078.20

S1 : 5057
S2 : 5040
S3 : 5015
S4 : 4995
S5 : 4956

Market Updates : 

Cipla leads gainers in 'A' group

Emami, Dish TV India, NHPC and Tata Motors are among the other gainers.

Pharma major Cipla jumped 6.51% to Rs 306.90 after the company announced after market hours on Monday (14 November 2011) that net profit rose 17.47% to Rs 308.97 crore on 9.8% growth in income from operations to Rs 1804.28 crore in Q2 September 2011 over Q2 September 2010. The stock topped the gainers in the BSE's 'A' group.

Personal, beauty and health care products maker Emami rose 2.63% to Rs 438.45. The stock was second biggest gainer in 'A' group. Emami's net profit declined 11.7% to Rs 50.01 crore on 13.2% growth in net sales to Rs 296.90 crore in Q2 September 2011 over Q2 September 2010. The company declared its results on 7 November 2011.

Direct-to-home service provider Dish TV India rose 1.95% to Rs 67.90 on bargain hunting after the stock fell 12.43% in the preceding four sessions to Rs 66.60 on 14 November 2011 from a recent high of Rs 76.05 on 4 November 2011. The stock was third biggest gainer in 'A' group.

State-run hydro-power utility NHPC rose 1.93% to Rs 23.80. The stock was fourth biggest gainer in 'A' group.

India's largest commercial vehicle maker by sales Tata Motors rose 1.91% to Rs 181.30 on bargain hunting after the stock fell 13.72% in the preceding nine sessions to Rs 177.90 on 14 November 2011 from a recent high of Rs 206.20 on 28 October 2011. The stock was fifth biggest gainer in 'A' group.

Tata Motors announced after market hours on Monday (14 November 2011) that consolidated net profit fell 15.56% to Rs 1877.30 crore on 26.9% growth in net revenue to Rs 36197.50 crore in Q2 September 2011 over Q2 September 2010. The company's EBIDTA (earnings before interest, depreciation, taxation and amortization) margin declined to 13.3% from 14.7% in Q2 September 2010.

Sensex off 3.9% in four days on euro-zone debt worries

Sensex hits 3-1/2-week low below 17,000

As per provisional figures, the BSE Sensex was down 270.30 points or 1.58% to 16,848.44. The index rose 53.35 points at the day's high of 17,172.09 in morning trade. The index declined 281.18 points at the day's low of 16,837.56 in late trade, its lowest level since 21 October 2011.

The S&P CNX Nifty was down 94.85 points or 1.84% to 5,053.50, as per provisional figures. The Nifty hit a low of 5,052.85 in intraday trade, its lowest level since 21 October 2011. The Nifty hit a high of 5,158.75 in intraday trade.

BSE clocked turnover of Rs 2220 crore, lower than Rs 2356.53 crore on Monday, 14 November 2011.

The BSE Mid-Cap fell 2.65% and the BSE Small-Cap index slumped 2.86%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was quite weak. On BSE, 2,255 shares fell and 588 rose. A total of 104 shares were unchanged.

From the 30-share Sensex pack, 27 fell and the rest of them rose

Note : Data From Capital Market And Money Control !

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