The total turnover on BSE amounted to Rs 1739 crore, lower than Rs 2186.07 crore on Tuesday, 10 December 2013.
The market breadth, indicating the overall health of the market, was negative. On BSE, 1,354 shares fell and 1,136 shares rose. A total of 165 shares were unchanged.
From the 30-share Sensex pack, 17 stocks fell and rest rose.
The market breadth, indicating the overall health of the market, was negative. On BSE, 1,354 shares fell and 1,136 shares rose. A total of 165 shares were unchanged.
From the 30-share Sensex pack, 17 stocks fell and rest rose.
The market edged lower in early trade on weak Asian stocks. A bout of volatility was witnessed as key benchmark indices trimmed losses after hitting fresh intraday low in morning trade. Weakness continued on the bourses in mid-morning trade. Key benchmark indices extended losses and hit fresh intraday low in early afternoon trade after Reserve Bank of India (RBI) Governor Dr. Raghuram Rajan said that the central bank's focus remains on controlling inflation. Key benchmark indices trimmed losses after hitting fresh intraday low in early afternoon trade. High volatility was witnessed as key benchmark indices trimmed losses after hitting fresh intraday low in afternoon trade. Immense volatility was witnessed in late trade as key benchmark indices trimmed losses after hitting fresh intraday low in late trade.
NSE’s INDIA VIX, was down 2.45 % level, at 17.54
Amongest the Indices CNX SMALLCAP was dwon 0.20 % closed at 3,219.75
NSE’s INDIA VIX, was down 2.45 % level, at 17.54
Amongest the Indices CNX SMALLCAP was dwon 0.20 % closed at 3,219.75
Stock Specific news:
Uflex targets to double sales to $2 bn in next four years
Suzlon arm wins 266-MW orders for community windfarms in Germany
Elder Pharma surges on heavy volumes
Web special: ITC needs to cross its 200 dma at 326 for further upsides
HCL Technologies hits new high
Silver futures up on firm global cues
Gold futures up on global cues
Bharti Infratel surges as Bharti, RIL inks pact to share telecom infra
Coal India falls after CCI slaps Rs 1773 cr penalty
Copper up on global cues, spot demand.
NOTE : AFTER 1ST TGT HIT KINDLY REVISED SL TO COST PRICE !
TRADING CALLS
CASH
BUY DABUR 169 SL 165 TGT 172.50 / 175
BUY TATACHEM 274.50 SL 269.50 TGT 278.50 / 282
BUY CAIRN 326.50 SL 322 TGT 330.50 / 335
SELL ADANI ENT 268 SL 272 TGT 264.50 / 259
SELL RECL 218 SL 222 TGT 214.50 / 210
DISCLAIMER : THE AUTHOR IS NOT RESPONSIBLE FOR ANY LOSSES DURING ANY TRADE THIS IS MY VIEW !!
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