SUN PHARMA ,HDFC,DLF,WIPRO, HDFC MAJOR NIFTY GAINERS
SENSEX 16306.87 +17.05
NIFTY 4867.25 +14.15
NASDAQ 2221.41 +17.68
DJIA 10236.16 +41.87
RS/$ 46.29 -0.11
Stock indices ended a volatility-marred session on a higher note on the last day of January F&O series. Realty, metals and pharma stocks led the upmove while capital goods and FMCG closed tad lower. Markets opened higher on Thursday after a sharp correction a day ago, as traders covered short positions. The US Federal Reserve’s decision to keep interest rates unchanged boosted sentiments of global markets. However, the local indices slipped sharply in the afternoon and ended on a flat note as traders squared off F&O positions. According to dealers, the rollover was around 60 per cent with short bias.
NIFTY 4867.25 +14.15
NASDAQ 2221.41 +17.68
DJIA 10236.16 +41.87
RS/$ 46.29 -0.11
Stock indices ended a volatility-marred session on a higher note on the last day of January F&O series. Realty, metals and pharma stocks led the upmove while capital goods and FMCG closed tad lower. Markets opened higher on Thursday after a sharp correction a day ago, as traders covered short positions. The US Federal Reserve’s decision to keep interest rates unchanged boosted sentiments of global markets. However, the local indices slipped sharply in the afternoon and ended on a flat note as traders squared off F&O positions. According to dealers, the rollover was around 60 per cent with short bias.
Bombay Stock Exchange’s Sensex closed at 16306.87, up 17.05 points or 0.10 per cent. The 30-share index hit a low of 16182.14 and high of 16524.69 in today’s trade.
National Stock Exchange’s Nifty ended at 4867.25, up 14.15 points or 0.29 per cent. The index touched an intra-day low of 4824.95 and high of 4929.90. This series Nifty has fallen around 6 per cent and it is likely to be volatile in February. Uncertain global markets, union budget and FPOs are likely to keep the market under check and Nifty is likely to fluctuate between 4500 and 5500. Textiles, realty and infrastructure stocks may witness pre-budget rallyThe BSE Midcap Index was up 0.24 per cent and BSE Smallcap Index edged 0.17 per cent lower. Amongst the sectoral indices, BSE Realty Index moved 1.62 per cent higher, BSE Healthcare Index advanced 1.32 per cent and BSE Metal Index was up 1.03 per cent. BSE Capital Goods Index was down 0.31 per cent and BSE FMCG Index declined 0.24 per cent. Tata Steel (4.81%), Wipro (2.82%), DLF (2.37%), Sun Pharma (2.07%) and HDFC (1.76%) were amongst the top Nifty gainers.
National Stock Exchange’s Nifty ended at 4867.25, up 14.15 points or 0.29 per cent. The index touched an intra-day low of 4824.95 and high of 4929.90. This series Nifty has fallen around 6 per cent and it is likely to be volatile in February. Uncertain global markets, union budget and FPOs are likely to keep the market under check and Nifty is likely to fluctuate between 4500 and 5500. Textiles, realty and infrastructure stocks may witness pre-budget rallyThe BSE Midcap Index was up 0.24 per cent and BSE Smallcap Index edged 0.17 per cent lower. Amongst the sectoral indices, BSE Realty Index moved 1.62 per cent higher, BSE Healthcare Index advanced 1.32 per cent and BSE Metal Index was up 1.03 per cent. BSE Capital Goods Index was down 0.31 per cent and BSE FMCG Index declined 0.24 per cent. Tata Steel (4.81%), Wipro (2.82%), DLF (2.37%), Sun Pharma (2.07%) and HDFC (1.76%) were amongst the top Nifty gainers.
Bharti Airtel (-2.39%), Reliance Communications (-2.03%), L&T (-1.97%), Jaiprakash Associates (-1.67%) and Hindustan Unilever (-1.48%) were amongst the losers.
Tata Steel posted standalone net profit of Rs. 1191.75 crore for the quarter ended Dec 31, 2009, higher from Rs. 466.24 crore for the corresponding quarter of 2008. Net sales was up at Rs. 6307.48 crore from Rs. 4735.68 crore for the year ago quarter. Despite a substantial jump in revenue, DLF posted 30% decline in net profit to Rs 468 crore for the quarter ended Dec 31, 2009 compared to Rs 671 crore from a year-ago period. This was primarily due to substantial increase in interest outgo of Rs 257 crore in the third quarter of the current fiscal as against Rs 94 crore in the corresponding period in 2008-09.
Meanwhile, the government is considering selling its stakes in engineering company Larsen & Toubro and consumer goods maker ITC in tranches to state-run financial institutions as it walks a tightrope between raising funds to tide over fiscal deficit and keep lobby groups in good humour. Market breadth was negative on the BSE with 1689 declines and 1161 advances. The European markets were in the green and the US stock futures indicated a positive start. At 4:50 pm IST,
Dow Jones futures was up 0.15 per cent, S&P 500 futures gained 0.17 per cent and Nasdaq 100 moved up 0.07 per cent.
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd
+91 9915684997,9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
Email:rakeshmakin@yahoo.com
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtipsGroup mail id: makin97NSEtips@yahoogroups.co.in
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd
+91 9915684997,9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
Email:rakeshmakin@yahoo.com
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtipsGroup mail id: makin97NSEtips@yahoogroups.co.in
No comments:
Post a Comment