VBA

Thursday, May 3, 2012

MARKET UPDATES


SHREE GANESHAY NAMAAH !
Weak Rupee haunts Dalal Street; Nifty ends below 5200
The benchmark index Nifty closed below 5200 mark on weak rupee. Reports of unemployment in Europe surging to a record high in fifteen years also led to jittery sentiments across the globe.
The Indian rupee hits fresh four-month low of 53.45 before RBI intervened yet again to stem the fall. Dollar purchases from oil importers, foreign banks pushed up USD/INR pair.
The RBI likely sold dollars in the foreign exchange market at around 53.45 rupee levels, three traders said, after the local currency touched a four-month low earlier in the session. The dollar rose to an intraday high of 53.4550, before being pulled back to 53.39/40 levels.
Pantaloon to issue Rs 200cr pref shrs to Bennett Coleman
NIFTY FUTURE :
Supp. 5120 / 5148 / 5168 / 5188  
CMP: 5199.80
Resis. 5216 / 5236 / 5262 / 5288
BANK NIFTY FUTURE  :
Supp. 9958 / 9994 / 10030 / 10072
CMP : 10115.55
Resis. 10159 / 10202 / 10238 / 10275
Market Updates : 
IRB Infrastructure recovers after steep intraday slide
IRB Infrastructure Developers lost 10.90% at Rs 149.65, off sharply from intraday lows, after the company clarified to media reports of its chairman being investigated for possible involvement in a murder case
Bank Stocks decline as RBI releases Basel-III capital rules
Nine stocks from the banking sector fell by 0.24% to 4.05% at 15:21 IST on BSE as the Reserve Bank of India's final guidelines to implement the Basel-III capital rules require banks to steadily build up their capital buffers through March 2018.
Stock With Volumes :
TIL clocked volume of 1.93 lakh shares by 13:16 IST on BSE, a 187.37-times surge over two-week average daily volume of 1,000 shares. The stock jumped 12.9% to Rs 299.25.
GlaxoSmithkline Consumer Healthcare notched up volume of 35,000 shares, a 35.22-fold rise over two-week average daily volume of 1,000 shares. The stock lost 0.3% to Rs 2,770.
Bosch clocked volume of 10,000 shares, a 9.72-fold rise over two-week average dailyvolume of 1,000 shares. The stock fell 1.13% to Rs 8,700.
IRB Infrastructure Developers clocked volume of 33.99 lakh shares, a 9.49-fold surge over two-week average daily volume of 3.58 lakh shares. The stock tumbled 14.74% to Rs 143.20.
Eicher Motors clocked volume of 25,000 shares, a 8.51-fold rise over two-week average daily volume of 3,000 shares. The stock fell 1.63% to Rs 2,230.20.
Note : Data From Capital Market And Money Control !
Note : Kindly Trade With Stoploss !

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