MARKET UPDATES

SHREE GANESHAY NAMAAH !
Sensex, Nifty close flat amid Greece concerns, weak rupee
The BSE Sensex and NSE Nifty closed flat on Thursday amid never ending Greece concerns and faltering rupee against dollar. Reliance Industries, State Bank of India, ITC and HDFC helped the market throughout the session whereas fall in L&T, ICICI Bank, ONGC, BHEL and TCS weighed in the second half of trade.
The BSE benchmark rose just 40.39 points or 0.25%, to close at 16,070.48 after shedding nearly 170 points from day's high of 16,240.18. The NSE benchmark went up 11.95 points or 0.25% to 4,870.20.
NIFTY FUTURE :
Supp. 4770 / 4790 / 4808 / 4830
CMP: 4852.30
Resis. 4878 / 4898 / 4916 / 4936
BANK NIFTY FUTURE  :
Supp. 8838 / 8895 / 8950 / 9020
CMP : 9085.60
Resis. 9152 / 9225 / 9276 / 9332
Market Updates :
Market ekes out small gains; Bhel hits 52-week low
Key benchmark indices eked out small gains in a volatile trading session as bargain hunting emerged after recent steep losses in share prices. The barometer index, BSE Sensex, rose 40.39 points or 0.25%, up about 60 points from the day's low and off close to 170 points from the day's high. The market breadth turned negative from positive in late trade. Bike maker Bajaj Auto dropped on profit taking after the company reported good Q4 results.
The Sensex has declined 1,248.33 points or 7.2% in May 2012 so far (till 17 May 2012). The Sensex has gained 651.56 points or 3.96% in calendar 2012 so far (till 17 May 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 934.62 points or 6.17%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 3,061.22 points or 16%.
Coming back to today's trade, index heavyweight Reliance Industries (RIL) rose after the company disclosed the quantity of shares it has bought back so far. FMCG stocks edged higher after the weather department on Tuesday, 15 May 2012, forecast that the 2012Southwest Monsoon will arrive in time. IT stocks were mostly lower on worries the ongoing political crisis in Greece could deepen the euro zone's debt crisis. Aluminium and copper major Hindalco Industries hit 52-week low as the company gave a pessimistic future outlook at the time of announcing its Q4 March 2012 results on 8 May 2012. Power equipment major Bhel hit 52-week low, with the stock extending Wednesday's losses.
Stock With Volumes :
Dish TV India, Everonn Education, Biocon and Bajaj Auto are among the otherstocks to see a surge in volumes on BSE today, 17 May 2012.
Astrazeneca Pharma India clocked volume of 75,000 shares by 13:37 IST on BSE, a 9.35-times surge over two-week average daily volume of 8,000 shares. The stock jumped 15.18% to Rs 1,775.05.
Dish TV India notched up volume of 16.90 lakh shares, a 5.01-fold rise over two-week average daily volume of 3.38 lakh shares. The stock surged 8.98% to Rs 60.05.
Everonn Education clocked volume of 3.97 lakh shares, a 4.95-fold rise over two-week average daily volume of 80,000 shares. The stock surged 9.64% to Rs 206.50.
Biocon clocked volume of 5.61 lakh shares, a 4.84-fold surge over two-week average dailyvolume of 1.16 lakh shares. The stock rose 2.07% to Rs 217.15.
Bajaj Auto clocked volume of 1.79 lakh shares, a 3.74-fold rise over two-week averagedaily volume of 48,000 shares. The stock fell 1.42% to Rs 1,593.50.
Note : Data From Capital Market And Money Control !
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