MARKET UPDATES

SHREE GANESHAY NAMAAH !
Is It Short Covering Or Bull Market ? But Fails To Hold 5000 !!!
Sporadic bear market rallies given but not breach of 5300
It's been an absolute blockbuster rally on D-street today. Bourses put up a rock solid performance��"a complete surprise considering the start of day's trade. Firm global markets gave that much needed fillip to our markets.
The Nifty piled on a whopping 133 points to close just shy of the 5,000 level. The Sensex too stood out with a 433 point gain to end the day at 16,454.
NIFTY FUTURE :
Supp. 4870 / 4896 / 4920 / 4949
CMP: 4978.60
Resis. 5008 / 5040 / 5065 / 5090
BANK NIFTY FUTURE  :
Supp. 9422 / 9480 / 9537 / 9604
CMP : 9671.25
Resis. 9740 / 9805 / 9865 / 9925
Market Updates :
GMR Infrastructure leads gainers in 'A' group
Pantaloon Retail (India), Apollo Tyres, Essar Oil and IRB Infrastructure Developers are among the other gainers.
GMR Infrastructure galloped 11.08% to Rs 21.55 and topped the gainers in the BSE's 'A' group.
Pantaloon Retail (India) jumped 7.90% to Rs 163.15 and was the second biggest gainer in 'A' group.
Apollo Tyres spurted 7.55% to Rs 84.05 and was third biggest gainer in 'A' group.
Essar Oil jumped 7.01% to Rs 53.40 and was fourth biggest gainer in 'A' group.
IRB Infrastructure Developers advanced 6.86% to Rs 122.20 and was fifth biggest gainer in 'A' group.
Stock With Volumes :
Volumes jump at Sadbhav Engineering counter
Shree Cement, Strides Arcolab, Reliance Industrial Infrastructure and Sun Pharma are among the other stocks to see a surge in volumes on BSE today, 6 June 2012.
Sadbhav Engineering clocked volume of 7.85 lakh shares by 13:25 IST on BSE, a 13.11-times surge over two-week average daily volume of 60,000 shares. The stock jumped 5.57% to Rs 125.95.
Shree Cement notched up volume of 1.20 lakh shares, a 8.86-fold rise over two-week average daily volume of 14,000 shares. The stock surged 3.6% to Rs 2,438.85.
Strides Arcolab clocked volume of 2.30 lakh shares, a 7.58-fold rise over two-week average daily volume of 30,000 shares. The stock surged 4.7% to Rs 724.05.
Reliance Industrial Infrastructure clocked volume of 4.71 lakh shares, a 4.37-fold surge over two-week average daily volume of 1.08 lakh shares. The stock jumped 8.59% to Rs 403.45.
Sun Pharmaceutical Industries clocked volume of 2.22 lakh shares, a 3.74-fold rise over two-week average daily volume of 59,000 shares. The stock rose 2.07% to Rs 570.20.
Note : Data From Capital Market And Money Control !
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