| SHREE GANESHAY NAMAAH ! | ||||||
| Sensex snaps 5-day winning streak on S&P warning | ||||||
| Bulls were brought back to earth with a thud after rating agency Standard & Poor’s cautioned that India could lose its investment grade status because of its worsening economic fundamentals. If India does get downgraded, it would become the first BRIC nation to suffer this humiliation. Benchmark indices snapped a five-day winning streak, with the 30-share Sensexcrashing 226 points from the day’s high to close at 16,668, down 50.86 points over its previous close. The 50-share Nifty closed at 5054.10, down 14.25 points over its previous close. | ||||||
| Big losers were from the capital goods, auto, banking, realty and healthcare sectors. | ||||||
| NIFTY FUTURE : | ||||||
| Supp. 4956 / 4976 / 5000 / 5025 | ||||||
| CMP: 5052.60 | ||||||
| Resis. 5080 / 5102 / 5125 / 5146 | ||||||
| BANK NIFTY FUTURE : | ||||||
| Supp. 9636 / 9690 / 9746 / 9815 | ||||||
| CMP : 9884.95 | ||||||
| Resis. 9955 / 10022 / 10078 / 10135 | ||||||
| Market Updates : | ||||||
| Voltas leads gainers in 'A' group | ||||||
| Videocon Industries, Syndicate Bank, Lanco Infratech and Adani Power are among the other gainers. | ||||||
|
Engineering company Voltas rose
3.84% to Rs 108.15. The stock topped the gainers in the BSE's 'A'
group.
|
||||||
| Diversified company Videocon Industries rose 3.21% to Rs 175 after Texas-based Anadarko Petroleum announced new natural gas discovery in Mozambique. The stock was second biggest gainer in 'A' group. | ||||||
| Anadarko Petroleum Corporation announced that the Atum exploration well discovered another significant natural gas accumulation within the Offshore Area 1 of the Rovuma Basin. The Atum discovery well encountered more than 300 net feet (92 meters) of natural gas pay in two high-quality Oligocene fan systems. Preliminary data indicates this latest discovery is connected to the partnership's recent Golfinho discovery located approximately 10 miles (16.5 kilometers) to the northwest in the Offshore Area 1. | ||||||
| Videocon and BPCL hold 10% each in six blocks in the deep-water Rovuma Basin, off theMozambique coast. The stakes are held by their wholly-owned subsidiaries - VideoconHydrocarbon Holdings and Bharat Petro Resources. Anadarko is the operator in the Offshore Area 1 with a 36.5% working interest. | ||||||
| Syndicate Bank rose 2.84% to Rs 99.65. The stock was third biggest gainer in 'A' group. | ||||||
| Infrastructure company Lanco Infratech rose 2.79% to Rs 13.65. The stock was fourth biggest gainer in 'A' group. Shares of power generation companies extended recent gains after Prime Minister Manmohan Singh on Wednesday (6 June 2012) laid out ambitious infrastructure development plans for the current fiscal year, which includes plans to add a record 18,000 megawatts (MW) of power capacity this year. | ||||||
| Power generation firm Adani Power rose 2.34% to Rs 48.10. The stock was fifth biggest gainer in 'A' group. | ||||||
| Stock With Volumes : | ||||||
| Volumes spurt at Nippo Batteries Company counter | ||||||
| Cox & Kings, Videocon Industries, Nestle India and BEML are among the other stocks to see a surge in volumes on BSE today, 11 June 2011. | ||||||
|
Nippo Batteries Company clocked
volume of 13.10 lakh shares by 13:33 IST on BSE, a 527.94-times surge over
two-week average daily volume of 2000 shares. The stock jumped 2.48% to Rs
450.
|
||||||
| Cox & Kings notched up volume of 4.64 lakh shares, a 15.17-fold surge over two-week average daily volume of 31,000 shares. The stock fell 1.31% to Rs 136. | ||||||
| Videocon Industries saw volume of 7.41 lakh shares, a 10.26-fold surge over two-week average daily volume of 72,000 shares. The stock vaulted 5.84% to Rs 179.45 after Anadarko Petroleum Corporation today, 11 June 2012, announced new natural gas discovery offshore Mozambique. | ||||||
| Videocon and BPCL hold 10% each in six blocks in the deep-water Rovuma Basin, off theMozambique coast. The stakes are held by their wholly-owned subsidiaries - VideoconHydrocarbon Holdings and Bharat Petro Resources. Anadarko is the operator in the Offshore Area 1 with a 36.5% working interest. Besides, Videocon and BPCL, co-owners include Mitsui E&P Mozambique Area 1, Limited (20%), and Cove Energy MozambiqueRovuma Offshore (8.5%). Empresa Nacional de Hidrocarbonetos, ep's 15% interest is carried through the exploration phase. | ||||||
| Nestle India clocked volume of 27,000 shares, a 8.06-fold surge over two-week average daily volume of 3000 shares. The stock fell 0.84% to Rs 4,495.50. | ||||||
| BEML saw volume of 1.51 lakh shares, a 7.02-fold rise over two-week average daily volume of 21,000 shares. The stock fell 1.69% to Rs 378.90. | ||||||
| Note : Data From Capital Market And Money Control ! | ||||||
| Note : Kindly Trade With Stoploss ! | ||||||
VBA
Monday, June 11, 2012
MAREKET UPDATES
Subscribe to:
Post Comments (Atom)
TRADING CALLS
CLICK ON MARKET BUZZ FOR ARCHIVE

No comments:
Post a Comment