MARKET UPDATES

SHREE GANESHAY NAMAAH !
Nifty ends below 5200: Will it reclaim that level soon ?
It was disappointing start to the week. Weak German PMI data and political uncertainty in France and Netherlands hit the European markets, this took a toll on our bourses as well. The Nifty plunged 90 points and Sensex lost 280 points at close . Meanwhile, the Indian rupee was trading at 52.49 to the dollar, down 42 paise. It touched an intraday low of 52.55 a dollar
TCS Q4 net up 23% YoY at Rs 2,932.4 crore
NIFTY FUTURE :
Supp. 5065 / 5095 / 5125 / 5162 / 5186, CMP: 5198.60, Resis. 5211 / 5236 / 5272 / 5302 / 5332
BANK NIFTY FUTURE  :
Supp. 9914 / 9987 / 10060 / 10149 / 10208, CMP : 10237.70, Resis. 10268 / 10328 / 10415 / 10489 / 10562
Market Updates :
Asian Paints rose 3.67% to Rs 3459.10. The stock topped the gainers in the BSE's 'A' group. The stock hit a record high of Rs 3,469.80 in intraday today, 23 April 2012. The company will unveil its year ended March 2012 results on 8 May 2012.
Diversified Max India rose 1.88% to Rs 197.65 on report the company is looking to divest its polypropylene business for an enterprise value of about Rs 800 crore as part of plans to exit its non-core business. The stock was second biggest gainer in 'A' group.
Glenmark Pharmaceuticals rose 1.62% to Rs 323.75. The stock was third biggest gainer in 'A' group.
Cement maker ACC rose 1.49% to Rs 1243.80 on bargain hunting after the stock fell 5.52% in the preceding two sessions to Rs 1225.55 on 20 April 2012 from a recent high of Rs 1297.10 on 18 April 2012. The stock was fourth biggest gainer in 'A' group.
The recent slide was triggered by the company reporting weak Q1 March 2012 earnings during trading hours on Thursday, 19 April 2012. ACC's consolidated net profit fell 56.57% to Rs 151.55 crore on 18.6% growth in net sales to Rs 3015.22 crore in Q1 March 2012 over Q1 March 2011. The sharp fall in bottom line was mainly due to extra-ordinary expenses of Rs 335.38 crore related to change in depreciation policy from straight line to written down value on captive power plants.
Commercial vehicles maker Ashok Leyland rose 1.28% to Rs 31.60. The stock was fifth biggest gainer in 'A' group.
Stock With Volumes :
Gateway Distriparks clocked volume of 4.15 lakh shares by 13:25 IST on BSE, a 41.33-times surge over two-week average daily volume of 10,000 shares. The stock rose 0.03% to Rs 149.90.
CORE Educations & Technologies notched up volume of 2.54 lakh shares, a 39.06-fold rise over two-week average daily volume of 7,000 shares. The stock fell 1% to Rs 278.50.
Hexaware Technologies clocked volume of 14.82 lakh shares, a 7.47-fold rise over two-week average daily volume of 1.98 lakh shares. The stock lost 1.94% to Rs 124.05.
VST Industries clocked volume of 82,000 shares, a 7.22-fold surge over two-week average daily volume of 11,000 shares. The stock surged 4.79% to Rs 1,955.
Andhra Pradesh Paper Mills clocked volume of 9.19 lakh shares, a 2.77-fold rise over two-week average daily volume of 3.32 lakh shares. The stock jumped 13.68% to Rs 300.05.
Source : Economic Times
Note : Data From Capital Market And Money Control !
Note : Kindly Trade With Stoploss !