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Saturday, April 28, 2012

MARKET UPDATES


SHREE GANESHAY NAMAAH !
Sensex ends 53 pts up on Sat session, down 1% for the week
The BSE Sensex and NSE Nifty closed higher in a special trading session on Saturday, but fell 1-1.5% for the week. Indices extended gains in a late trade led by banks, auto and metals stocks while the upside was capped due to fall in Reliance Industries, Bharti and Larsen & Toubro.
NIFTY FUTURE :
Supp. 5148 / 5166 / 5185 / 5201 / 5216, 
CMP: 5232.20
Resis. 5236 / 5256 / 5274 / 5293 / 5310
BANK NIFTY FUTURE  :
Supp. 9914 / 10002 / 10075 / 10150, 
CMP : 10207.15
Resis. 10269 / 10373 / 10445 / 10525
Market Updates : 
The BSE benchmark rose 53.09 points or 0.31%, to close at 17,187.34. The NSE benchmark closed above the 5200 level after struggling at the same level since Thursday; it went up 18.40 points or 0.35% to 5,209.
Banks led the markets higher today - country's third largest private sector lender Axis Bank jumped 1.5% after reporting a growth of 25% year-on-year in its net profit at Rs 1,277 crore for the January-March quarter 2012, strengthened by higher interest income.
ICICI Bank extended gains, rising 1%; it had rallied over 2% yesterday after better than expected numbers in Q4. HDFC Bank and HDFC were up 0.5% each. Top lender State Bank of India too gained 0.25%.
Maruti Suzuki Q4 net falls 3% YoY to Rs 640cr; beats street
Maruti Suzuki beat street expectations Saturday as fourth quarter net profit fell lower-than-expected 3% from a year ago to Rs 640 crore, helped by a rebound in sales and a surge in other income. Net sales for the three-month-period were up 17% year-on-year to Rs 11,486.4 crore.
Note : Data From Capital Market And Money Control !
Note : Kindly Trade With Stoploss !

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