VBA

Monday, February 24, 2014

25.02.2014

©™ Daily Nifty View Spot Closed 6186.10, Sustaining Above 6228-6232 We May C 6252 / 6278 On Upside And Below 6146-6140 Sustaining Nifty We May C 6119 / 6090 , Most Probably Nifty Spot Range 6140-6236. ©™

MAGIC NIFTY FUTURE 6172.45.

MAGIC BANKNIFTY FUTURE 10605.40.



News of the day:

Key benchmark indices extended gains and hit fresh intraday high in late trade as European stocks reversed initial losses after the latest data showed that German business confidence brightened for a fourth straight month in February 2014. Germany is Europe’s biggest economy. The 50-unit CNX Nifty hit its its highest level in more than four weeks. The barometer index, the S&P BSE Sensex, hit its highest level in more than 3-1/2 weeks. The market sentiment was boosted by data showing that foreign funds remained buyers of Indian stocks on Friday, 21 February 2014. The Sensex was provisionally up 114.26 points or 0.55%, up 177.71 points from the day’s low and off 13.62 points from the day’s high. The market breadth, indicating the overall health of the market, was positive.

NSE’s INDIA VIX, was up 2.26% level, at 14.3575. Amongest the Indices CNX SMALLCAP was up 0.42% closed at 3,244.45.

STOCK NEWS :

  • KNR Constructions secures EPC order worth Rs 290 crore in AP
  • NTPC’s coal mine in Odisha recommended for green clearance
  • SKS completes securitisation for Rs 158 crore
  • SKF India nears record high on robust Q4 earnings
  • Tata Power, Adani Power gain post CERC order
  • There is more to United Bank of India’s problems than Infosys’ software

BSE STATS :

The market breadth, indicating the overall health of the market, was positive. On BSE, 1,408 shares gained and 1,344 shares fell. A total of 156 shares were unchanged.

The total turnover on BSE amounted to Rs 1892 crore, higher than Rs 1715.52 crore on Friday, 21 February 2014.

NSE STATS :




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