MARKET UPDATES

SHREE GANESHAY NAMAAH !
Sensex makes a comeback, ends 82 pts up on SBI show
The BSE Sensex and NSE Nifty showed a nice rebound in late trade on Friday led by outstanding performance by SBI in fourth quarter numbers and sharp recovery in rupee from record low to near previous close. However, the global markets stayed under pressure due to eurozone concerns and weak US data.
Short covering helped markets close higher on Friday. The BSE benchmark rose 82.27 points or 0.51%, to close at 16,152.75 after seeing recovery of more than 300 points from intraday low of 15,809.71.
The NSE benchmark fell below the 4800 level to hit a low of 4,788.95 during the day, before closing at 4,891.45, up 21.25 points or 0.44% led by support from banks, oil & gas, FMCG, steel and technology stocks. Index touched an intraday high of 4,908.50 in late trade.
NIFTY FUTURE :
Supp. 4746 / 4780 / 4816 / 4852
CMP: 4888.95
Resis. 4928 / 4968 / 4998 / 5030
BANK NIFTY FUTURE  :
Supp. 8848 / 8943 / 9040 / 9148
CMP : 9256.80
Resis. 9365 / 9475 / 9570 / 9666
Market Updates :
Market extends gains for the second straight day
Key benchmark indices advanced for the second straight day as strong Q4 results from banking giant State Bank of India (SBI) lifted sentiment. Gains in US index futures, which indicated higher opening of US stocks later in the global day, aided recovery on the domestic bourses. The barometer index, BSE Sensex, regained the psychological 16,000 mark, having alternately moved above and below that level in intraday trade. The Sensex advanced 82.27 points or 0.51%, off about 55 points from the day's high and up close to 340 points from the day's low. The market breadth was negative.
From a recent low of 16,030.09 on 16 May 2012, the Sensex has gained 122.66 points or 0.76% in two trading sessions. The Sensex has declined 1,166.06 points or 6.73% in May 2012 so far (till 18 May 2012). The Sensex has gained 697.83 points or 4.51% in calendar 2012 so far (till 18 May 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1016.89 points or 6.71%. From a 52-we
Stock With Volumes :
Kajaria Ceramics, Jammu & Kashmir Bank, Astrazeneca Pharma India and Mahindra Satyam are among the other stocks to see a surge in volumes on BSE today, 18 May 2012.
BEML clocked volume of 3.80 lakh shares by 13:18 IST on BSE, a 80.34-times surge over two-week average daily volume of 5,000 shares. The stock tumbled 7.81% to Rs 472.40.
Kajaria Ceramics notched up volume of 8.47 lakh shares, a 38.78-fold rise over two-week average daily volume of 22,000 shares. The stock rose 1.01% to Rs 160.45.
Jammu & Kashmir Bank clocked volume of 76,000 shares, a 16.55-fold rise over two-week average daily volume of 5,000 shares. The stock rose 0.01% to Rs 858.85.
Astrazeneca Pharma India clocked volume of 1.29 lakh shares, a 7.45-fold surge over two-week average daily volume of 17,000 shares. The stock rose 3.7% to Rs 1,917.80.
Mahindra Satyam clocked volume of 11.62 lakh shares, a 2.98-fold rise over two-week average daily volume of 3.91 lakh shares. The stock jumped 6.06% to Rs 70.85 after consolidated net profit jumped 73.2% to Rs 534.20 crore on 3% decline in revenue to Rs 1665.90 crore in Q4 March 2012 over Q3 December 2011. The company announced the results after market hours on Thursday, 17 May 2012
Note : Data From Capital Market And Money Control !
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