VBA

Friday, February 21, 2014

22.02.2014



Previous Update (Trading Date 21.02.2014)

©™ Daily Nifty View Spot Closed 6091.45, Sustaining Above 6157-6161 We May C 6180 / 6206 On Upside And Below 6026-6022 Sustaining Nifty We May C 6002 / 5978 , Most Probably Nifty Spot Range 6024-6161. ©™  HIGH 6159.65, LOW 6108, Closed 6155.45.

MAGIC NIFTY FUTURE 6120.28.


MAGIC BANKNIFTY FUTURE 10497.63.



NEWS FOR THE DAY :

Macroeconomic data, trend in investment by foreign institutional investors, trend in global markets, trend in other global emerging markets, the movement of rupee against the dollar and crude oil price movement will dictate the near term movement on the domestic bourses. Concerns about slowdown in capital inflow may weigh on the domestic bourses after a Federal Reserve report this week showed support for a plan to reduce monetary stimulus for the US economy. Fed’s bond-buying program has been a source of liquidity for most Asian and emerging markets over the past few years.

NSE’s INDIA VIX, was down 7.38 % level, at 14.04.

Amongest the Indices CNX SMALLCAP was up 0.71% closed at 3,231.00.



Stock Specific news :

  • United Bank of India chief Archana Bhargava quits
  • Copper down marginally on subdued demand
  • United Bank hits new low after CMD quits
  • Silver futures down 0.3% on global cues
  • Gold futures marginally down on weak global cues
  • Web special: Medium term trend for ICICI Bank is negative
  • Sensex breaches 20,700; ICICI Bank up 2%
  • Tara Jewels up 5% for third day in a row on mutual fund buying
  • Shree Renuka dips after Wilmar agrees to buy stake
  • Tata Motors to cut vehicle prices by up to Rs 1.5 lakh

BSE STATS :

The BSE Mid-Cap index rose 44.24 points or 0.69% at 6,421.26. The BSE Small-Cap index was up 27.68 points or 0.44% at 6,389.53. Both these indices underperformed the Sensex.

The total turnover on BSE amounted to Rs 1707 crore, lower than Rs 1807.71 crore on Thursday, 20 February 2014.

The market breadth, indicating the overall health of the market, was positive. On BSE, 1,477 shares rose and 1,184 shares fell. A total of 155 shares were unchanged.

Among the 30-share Sensex pack, 22 stocks rose and rest fell.

NSE STATS :



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