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Sunday, March 24, 2013

MARKET UPDATES

SHREE GANESHAY NAMAAH !
Nifty Weekly Range For The Week 25th To 28th March 5523 -- 5780 !
WATCH OUT LEVEL FOR MONDAY 5668.50 -- 5718.11
Markets to selling pressure amidst uncertainty on the political front and renewed concerns in the euro zone which led to a close in Nifty below 5,700. With Nifty closing below the 
budget low of 5,672, the trend remains negative, maintain cautious stance on the markets with immediate support seen at 5,618. Rally in Nifty since May 2012 and 200-DMA.
Stock With Volumes :
Volumes jump at Westlife Development counter, NTPC, BS, Supreme Industries, and Indian Bank are among the other stocks to see a surge in volumes on BSE today, 22 March 2013.
Westlife Development clocked volume of 6.25 lakh shares by 13:43 IST on BSE, a 312500.50-times surge over two-week average daily volume of 2 shares. The stock was locked at 2% upper circuit at Rs 522.30, which is also a record high for the counter.
NTPC notched up volume of 37.71 lakh shares, a 12.71-fold surge over two-week average daily volume of 2.97 lakh shares. The stock rose 1.67% to Rs 140.40 after a block deal of 35.18 lakh shares was struck on the NTPC counter at Rs 138.80 per share at 09:28 IST on BSE.
BS saw volume of 7.31 lakh shares, a 9.75-fold surge over two-week average daily volume of 75,000 shares. The stock tumbled 9.58% to Rs 287.95.
Supreme Industries clocked volume of 2.02 lakh shares, a 8.98-fold surge over two-week average daily volume of 23,000 shares. The stock lost 2.17% to Rs 313.05.
Indian Bank saw volume of 5.56 lakh shares, a 8.96-fold rise over two-week average daily volume of 62,000 shares. The stock lost 1.69% to Rs 159.95.
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