MARKET UPDATES

SHREE GANESHAY NAMAAH !
Sensex closes 272 pts up betting on rate cut, Greece polls
The 30-share BSE Sensex spiked as much as 290 points intraday on Friday as traders seemed to have added long positions ahead of Greek election over the weekend and RBI policy on Monday.
The BSE benchmark recouped all yesterday's losses that rose 272 points or 1.63% higher, to close at 16,949.83. Meanwhile, the NSE benchmark gained 84.30 points at 5,139.05.
NIFTY FUTURE :
Supp. 5060 / 5082 / 5102 / 5125
CMP: 5147.70
Resis. 5172 / 5194 / 5216 / 5236
BANK NIFTY FUTURE  :
Supp. 9821 / 9875 / 9930 / 9995
CMP : 10060.85
Resis. 10126 / 10192 / 10246 / 10302
Market Updates :
Market rises for 2nd consecutive week
The market spurted for the second week in a row on expectations the Reserve Bank of India (RBI) will cut interest rates at mid-quarter monetary policy review on Monday, 18 June 2012, to prop up slowing economy after the latest data showed industrial production grew just 0.1% in April 2012. The market rose for three out of five trading sessions.
The barometer index, BSE Sensex rose 230.96 points or 1.38% to 16,949.83. The 50-unit S&P CNX Nifty rose 70.70 points or 1.39% to 5,139.05.
The BSE Mid-Cap index fell 0.50%. The BSE Small-Cap index rose 0.40%. Both these indices underperformed the Sensex.
All 13 sectoral indices on BSE in green
Key benchmark indices surged to attain their highest closing level in over 6 weeks as stocks rose across the globe on reports central banks of major economies are ready to provide liquidity if needed after crucial elections in Greek on Sunday, 17 June 2012. The vote is expected to determine the Greece's future in the euro zone. The barometer index, BSE Sensex, jumped 271.95 points or 1.63%, up about 250 points from the day's low and off close to 20 points from the day's high. The market breadth was positive. All the 13 sectoral indices on BSE were in the green.
Stock With Volumes :
Hercules Hoists gains in value and volume
MMTC, Nestle India, STC and Hindustan Copper are among the other stocks to see a surge in volumes on BSE today, 15 June 2012.
Hercules Hoists clocked volume of 3.82 lakh shares by 13:45 IST on BSE, a 10.4-times surge over two-week average daily volume of 37,000 shares. The stock jumped 5.28% to Rs 282.90.
MMTC notched up volume of 3.57 lakh shares, a 4.91-fold rise over two-week average dailyvolume of 73,000 shares. The stock rose 0.76% to Rs 753.
Nestle India clocked volume of 42,000 shares, a 4.38-fold rise over two-week average dailyvolume of 10,000 shares. The stock fell 0.41% to Rs 4,515.
State Trading Corporation of India (STC) clocked volume of 2.39 lakh shares, a 3.32-fold surge over two-week average daily volume of 72,000 shares. The stock lost 1.63% to Rs 271.
Hindustan Copper clocked volume of 2.61 lakh shares, a 2.08-fold rise over two-week average daily volume of 1.25 lakh shares. The stock fell 1.33% to Rs 260.25.
Note : Data From Capital Market And Money Control !
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