SHREE GANESHAY NAMAAH !

Sensex closes 421 pts higher; Metal index up 5%

The Sensex gained 452 points intra-day trade on Tuesday, continuing a positive uptrend for the second consecutive session in the year 2012. Global cues and the rally in most beaten down sectors like capital goods, banks and metals boosted the confidence of the Indian equities.

The Sensex rose 421.44 points or 2.72%, to close at 15,939.36 led by 28 stocks. The Nifty rallied 128.55 points or 2.77%, to end at 4,765.30. 

GSS Infotech gains in value and volume

Andhra Pradesh Paper Mills, Hexaware Technologies, Vakrangee Softwares and MMTC are among the other stocks to see a surge in volumes on BSE today, 3 January 2012.

GSS Infotech clocked volume of 16.09 lakh shares by 12:59 IST on BSE, a 1,158.36-times surge over two-week average daily volume of 1,000 shares. The stock rose 5% to Rs 42.55.

Andhra Pradesh Paper Mills notched up volume of 4.67 lakh shares, a 26.71-fold surge over two-week average daily volume of 17,000 shares. The stock rose 4.4% to Rs 130.50.

Hexaware Technologies clocked volume of 15.38 lakh shares, a 14.01-fold surge over two-week average daily volume of 1.10 lakh shares. The stock rose 5.5% to Rs 79.60.

Vakrangee Softwares clocked volume of 1.63 lakh shares, a 6.13-fold surge over two-week average daily volume of 27,000 shares. The stock rose 0.62% to Rs 327.

MMTC clocked volume of 2.95 lakh shares, a 5.32-fold surge over two-week average daily volume of 55,000 shares. The stock surged 9.83% to Rs 570.

Stocks To Watch :

BUY NIFTY FUTURE ON DECLINE AROUND 4615---4625, OR DECLINE @ 4590-460 SL 4570, TGT 4660 / 4720 / 4756 / 4792 IN COMING DAYS ! TGT DONE ALL !

POSITIONAL CALL CAN BUY WIPRO JAN MONTH OR IN CASH ! 398--403, WITH SL OF 388, TGT 408 / 415 / 422 / 429 IN 10 TRADING SESSION ! HIGH 418.

POSITIONAL CALL SELL HINDUNILEVER FNO JAN @ 412--415, CLOSING SL OF 425, TGT 405 / 400 / 395 / 388 IN 7 TRADING SESSION ! HIT 1ST TGT MADE LOW OF 403.95 !

Nifty Future Chart :






NIFTY FUTURE 

R5 : 4903
R4 : 4892
R3 : 4868
R2 : 4836
R1 : 4808

CMP: 4783.20

S1 : 4756
S2 : 4728
S3 : 4703
S4 : 4688
S5 : 4646

Market Updates : 

MMTC leads gainers in 'A' group

Hindustan Copper, JSW Steel, Gujarat Fluorochemicals and GMR Infrastructure are among the other gainers

MMTC galloped 19.41% to Rs 619.75. The stock topped the gainers in the BSE's 'A' group. The stock had outperformed the market over the past one month till 2 January 2012, sliding 6.98% compared with the Sensex's fall of 7.89%. The scrip underperformed the market in past one quarter, falling 20.88% as against 5.69% decline in the Sensex. The stock rose on volume of 7.40 lakh shares, higher than an average daily volume of 55,000 shares in the past two weeks.

Hindustan Copper jumped 17.20% to Rs 219.70 and was second biggest gainer in 'A' group. The stock rose on volume of 16.57 lakh shares, higher than an average dailyvolume of 2.04 lakh shares in the past two weeks. As per reports last week, three Chinese firms bagged contracts worth nearly $105 million to help India's only copper miner Hindustan Copper meet a target of boosting its output four-fold from 3.4 million tonne to 12.4 million tonne over the next five years.

JSW Steel advanced 9.64% to Rs 588.75, extending Monday's 5.90% surge on optimism that iron ore will be more easily available to the company after government raised export duty on the steel-making raw material to 30% from 20% effective 30 December 2011. Following the export duty hike, iron-ore producers are now likely to prefer domestic customers rather then exporting, due to higher taxes. The stock was third biggest gainer in 'A' group.

Gujarat Fluorochemicals jumped 9.07% to Rs 388.85. The stock was fourth biggest gainer in 'A' group. The stock had underperformed the market over the past one month till 2 January 2012, sliding 18.82% compared with the Sensex's fall of 7.89%. The scrip also underperformed the market in past one quarter, falling 33.66% as against 5.69% decline in the Sensex.

GMR Infrastructure rose 8.62% to Rs 22.05. The stock was fifth biggest gainer in 'A' group. The stock had outperformed the market over the past one month till 2 January 2012, falling4.47% compared with the Sensex's fall of 7.89%. The scrip, however, underperformed the market in past one quarter, falling 24.81% as against 5.69% decline in the Sensex.

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !