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Tuesday, April 17, 2012

MARKET UPDATES


SHREE GANESHAY NAMAAH !
Sensex ends 207 pts up on repo rate cut, strong Europe cues
The BSE Sensex rallied more than 200 points on Tuesday, reacting to the surprised repo rate cut of 50 basis points by the RBI and positive European markets ahead of Spain auction treasury bills. The rally was majorly led by metals, PSUs, capital goods, FMCG, telecom and power stocks, but not wholly by banks.
However, oil & gas producers Reliance Industries and Cairn India stayed under pressure ahead of their quarterly numbers this week.
The BSE benchmark climbed 206.99 points or 1.21%, to close at 17,357.94 led by 27 components. Meanwhile, the NSE benchmark touched an intraday high of 5298.20, before closing up 63.50 points at 5,289.70.
NIFTY FUTURE :
Supp. 5213 / 5237 / 5262 / 5291, CMP: 5319.60, Resis. 5329 / 5349 / 5377 / 5426
BANK NIFTY FUTURE  :
Supp. 10159 / 10256 / 10352 / 10463, CMP : 10573.25, Resis. 10647 / 10684 / 10795 / 10890
Market Updates : 
Organised retailer Pantaloon Retail (India) spurted 6.70% to Rs 176. The stock topped the gainers in the BSE's 'A' group.
Anil Ambani-controlled Reliance Infrastructure climbed 6.03% to Rs 584.80. The stock was second biggest gainer in 'A' group.
Century Textiles & Industries galloped 5.88% to Rs 368.35. The stock was third biggest gainer in 'A' group.
Anil Ambani-controlled financial services company Reliance Capital jumped 5.56% to Rs 366.50 on bargain hunting after the stock fell 13.88% in the preceding seven sessions to Rs 347.20 on 16 April 2012 from a recent high of Rs 403.15 on 3 April 2012. The stock was fourth biggest gainer in 'A' group.
Apollo Tyres rose 5.54% to Rs 91.45. The stock was fifth biggest gainer in 'A' group. The stock hit a record high of Rs 91.80 in intraday today, 17 April 2012. The company willdeclare its year ended March 2012 results on 10 May 2012.
Stock With Volumes :
Gujarat Pipavav Port clocked volume of 10.14 lakh shares by 13:25 IST on BSE, a 80.47-times surge over two-week average daily volume of 13,000 shares. The stock rose 0.92% to Rs 60.45.
Container Corporation of India notched up volume of 2.49 lakh shares, a 11.98-fold rise over two-week average daily volume of 21,000 shares. The stock lost 0.7% to Rs 893.
Oracle Financial Services Software clocked volume of 1.04 lakh shares, a 9.14-fold rise over two-week average daily volume of 11,000 shares. The stock rose 1% to Rs 2,685.
Gravita India clocked volume of 10.96 lakh shares, a 7.61-fold surge over two-week average daily volume of 1.44 lakh shares. The stock surged 4.94% to Rs 847.30.
Fulford (India) clocked volume of 63,000 shares, a 6.59-fold rise over two-week average daily volume of 9,000 shares. The stock jumped 16.35% to Rs 924.60.
Source : Economic Times
Note : Data From Capital Market And Money Control !
Note : Kindly Trade With Stoploss !

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