Sunday, February 7, 2010

MARKET UPS & DOWNS SECTOR WISE THIS WEEK




Indian markets extended losses to the second straight week declining over 1000 points or 6% in last 15 days. Markets witnessed a deeper cut amid a spate of fresh worries from China’s tightening, to new restrictions for US banks to sovereign debt concerns in Europe. Back home concern remains in the form of inflation and its ramifications on the stimulus-fueled recovery. Finally, the BSE Sensex closed lower by 3.5% and NSE Nifty closed lower by 3.3%. The BSE Sensex hit an intra-week high of 16,552 and low of 15,725 while, NSE Nifty hit an intra-week high of 4,951 and low of 4,692

The top gainers: The top gainers in the Sensex were Hero Honda (up 1.7%) and HDFC (up 0.2%).

The Top Losers: The top losers in the Sensex were Ranbaxy Labs (down 11.1%), SBI (down 7.7%), DLF (down 7.5%), Hindalco (down 6.2%) and Reliance Capital (down 6.2%).

The BSE IT Index (down 3.6%): The top losers in the IT sector were Financial Tech (down 8.2%), Sasken Communication (down 7.5%), Infosys (down 5%), Mahindra Satyam (down 3.3%) and Patni Computer (down 3.2%).The top gainers were Mphasis (up 3.6%) and Oracle Financial (up 0.5%).

The BSE Consumer Index: The top losers in the consumer durables space were Videocon Industries (down 6.5%), Samtel Color (down 0.8%), Whirlpool (down 0.7%) and Su-Raj Diamonds (down 0.4%). The top gainers were Titan Inds (up 12.1%) and Mirc Electronics (up 1.5%).

The BSE Healthcare Index (down 0.6%): The top loser in the Pharma space was Ranbaxy Labs. The stock fell 11% during the week. According to reports the US drugs regulator has asked the company to immediately assess the manufacturing practices at its plants.Among the other major losers were Panacea Biotec (down 9.9%), Strides Arcolab (down 9.5%), Orchid Chem (down 9.1%), Wockhardt (down 7.5%) and Divi Labs (down 7.5%).The top gainers were Lupin (up 8%), Emami (up 6.9%), Torrent Pharma (up 6.2%), Glenmark Pharma (up 3.5%) and Aurobindo Pharma (up 3.3%).

The BSE Banking Index (down 4.5%): The top losers in the banking space were Karnataka Bank (down 11.6%), Andhra Bank (down 8.6%), Kotak Mahindra Bank (down 8%), SBI (down 7.7%), BOI (down 7.5%) and HDFC Bank (down 3.5%).

The BSE Auto Index (down 2.2%): The top losers in the auto space were Eicher Motors (down 6.8%), Hindustan Motors (down 5%), M&M (down 4.1%), Bajaj Auto (down 3.7%) and Tata Motors (down 3.2%).Bucking the negative trend were Hero Honda (up 1.7%) and Swaraj Mazda (up 0.2%).

The BSE Oil & Gas Index (down 3.6%): The top loser in the oil & gas space was Reliance Industries. The stock lost 6.2% during the week. According to reports, Reliance Industries submitted a US$2bn expression of interest for private Canadian firm Value Creation INC. Among the other major losers were, Hindustan Oil (down 5.5%), Cairn India (down 4%), MRPL (down 3.6%) and Jindal Drilling (down 3.1%).The top gainers were BPCL (up 5%), IOC (up 2.2%), HPCL (up 1.8%), Shiv-Vani Oil (up 1.8%) and Gujarat NRE Coke (up 0.9%).

The BSE Capital Goods Index (down 2.5%): The top losers in the capital goods sector were Dredging Corp (down 9.2%), SKF India (down 6.3%), Gammon India (down 6.2%), Carborundum Universal (down 5.1%) and BHEL (down 4.5%).The top gainers were Elgi Equipments (up 4.2%), Greaves Cotton (up 1.2%), Esab India (up 1.2%), HEG (up 0.8%) and BEL (up 0.3%).

The Cement Sector: The top losers in the cement sector were Binani Indus (down 10.6%), Kakatiya Cement (down 4.8%), Gujarat Sidhee (down 4%) and JK Cements (down 2.9%). ACC fell 3% during the week. Ambuja Cement fell 2% during the week. The top gainers in the cement sector were Dalmia Cement (up 7.8%), Prism Cement (up 7.7%), Mangalam Cement (up 1.5%), Ultratech Cement (up 0.3%) and India Cements (up 0.1%).

The Telecom Sector: The top losers in the telecom sector were TTML (down 7.3%), MTNL (down 6.3%), Tata Communication (down 4.6%), RCom (down 3.7%), Gemini Comm (down 3.5%) and Bharti Airtel (down 2.1%).

The Realty Sector (down 7.1%): The Realty index was the top loser among the sectoral indices. The top losers were Peninsula Land (down 11%), Anant Raj Indus (down 8.9%), HDIL (down 8.7%), DLF (down 7.5%), Unitech (down 7.2%) and Akruti City (down 4.5%).

The Metals sector (down 3.8%): The top losers in the metals sector were SAIL (down 5.2%), Lloyds Metals (down 4.9%), Tata Metaliks (down 4.7%), Jindal Stainless (down 4.4%) and Ispat Industries (down 4.3%). JSW Steel fell 2.1% during the week.

The company’s crude steel production increased 66% to 5.33 lakh tons in the month of January 2010, compared to the corresponding month in the last fiscal year.

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/

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Saturday, February 6, 2010

MARKET ENDED 05 .02.2010



The Indian markets seemed to be in a hurry to prove the proponents of decoupling wrong yet again. Signifying the extent of market integration, the domestic bourses danced to the global tunes yet again. The US markets had sold off overnight and the Asian markets were reeling under selling pressure-- enough to send our markets hurtling down an abyss of sorts.
The Sensex closed at 15,791, weaker by 434 points and the Nifty ended at 4,714, down 130 points. At its intra-day low of 15725, the benchmark was down almost 10% in this calendar year till date. Not to be left behind, the mid-cap and small-cap indices shed about 3% each.
The rise in initial jobless claims in the US, credit default concerns in
Greece, Portugal and Spain, and a crash in commodity and energy prices took a toll on the global indices. The Dow Jones was precariously perched above the 10k mark at 10,002, weaker by 268 points and the Nasdaq closed lower by 65 points at 2125. The contagion spread across Asia, with the Hang Seng and Nikkei shedding around 3% each. And the European markets have shaved off around 1-2% in early hours of trade.
Bombay Stock Exchange’s Sensex ended the day at 15790.93, down 434.02 points or 2.68 percent. The index fell to touch an intraday low of 15725.43.
National Stock Exchange’s Nifty ended at 4718.65, down 126.70 points or 2.61 per cent. The index fell below the psychological support of 4700 to touch an intraday low of 4692.35.
Amongst the sectoral indices, BSE Realty Index was down 4.36 per cent, BSE Metal Index fell 4.26 per cent and BSE PSU Index slipped 3.52 per cent. Biggest Sensex losers were Hindalco Industries (-5.51%), Tata Steel (-4.65%), ONGC (-4.54%), Jaiprakash Associates (-4.46%) and Mahindra & Mahindra (-3.93%).
Tata Power (0.80%) was the lone index gainer. Market breadth was negative on the BSE with 2368 declines and 487 advances.

Friday, February 5, 2010

TIPS FOR 05.02.2010


GOOD MORNING & Have a Nice DAY
WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR FRIDAY 05.02.2010
Sell Reliance industries below 1018 stop loss 1026 target 1006
INVESTMENT CALL & DELIVERY CALLS

SHORT SELL IFCI Stop Loss 51 Target 43
MULTIBAGGER.... Conart Engineers Ltd. at 37/- Target of 75/- & 155/-
Conart Engineers Ltd Trading in BSE at 37/-in B Group. (BSE Code- 522231) Target 75/- & 155/- for short term. Safe Investment at 37/- in Present Market situation because high value stock. Small Equity 3 Cr, Promoters Holding 50%, Huge Order Book in Engineering Services and Infrastructure Business, Expected EPS 10 for 2009-10. as per this PE only 3 for this industry average PE was 27 if we take minimum 10 it will go 100 Company having Good Reserves per share 50 expecting Bonus soon; and good land Bank in Mumbai This stock worth up to 75 to 155 as per reserves and profits and company value. Company Doing Detail Engineering & Infra and Construction Services Like Engineers India Ltd and L&T Ltd and Reliance Infra Ltd; Some good news coming out soon

MARKET VIEW 05.02.2010 FRIDAY
Nifty (4845) we said ‘giving hopes that 4800 is a base and the market should see some upside as there are too many shorts built up in the system and that should drive the market up’ so far the 4800 mark has held but the big question is will it hold, I would say it is good as long 4800 holds but if 4800 goes then we could see a level closer to 4500…
The crucial support on the downside for the Nifty is 4827-4800 and resistance at 4967-5030
BSE Sensex: (16225) the crucial support on the Sensex on the downside is 16160-15627 and resistance at 16577

WORLD MARKETS UPDATE 05.02.2010
Asian MarketsAsian markets trading lower on Friday.Nikkei Stock Average 225 down 2.83 percent at 10,062.65.Hang Seng Index down 551.36 points at 19,790.28.KOSPI Index down 2.97 pct at 1,568.41.Shanghai Composite Index down 1.51 pct at 2,949.99.
US Markets
US Markets ended lower on Thursday.Dow Jones industrial average down 268 points,down 2.61 percent, to 10,002. The Standard & Poor's 500 index ended down 3.11 percent down 34 points to 1,063. The tech-heavy Nasdaq composite index plunged 2.99 percent down 65 points to 2,125.
European Stocks Ended LowerEuropean Markets ended lower on Thursday.Britain's FTSE 100 index ended down 2.17 percent down 114 points to 5,139,Germany's DAX ended down 2.45 percent down 139 points to 5,533,France's CAC 40 ended down 2.75 percent at 3,689.CommoditiesCrude oil was down 15 cents to trade at $72.99 a barrel.Gold was down 4.32 percent down $48 settle at $1,064 an ounce

We wish you To Have a Superb Profitable Trading Day Today!!!
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/makin97NSEtips
Group mail id: makin97NSEtips@yahoogroups.co.in
WISH U ALL HAPPY & SAFE TRADING

Thursday, February 4, 2010

MARKET ENDED 04.02.2010 THURSDA







BSE GAINERS
MARKET ENDED 04.02.2010
SENSEX 16224.95 -271.10
NIFTY 4845.35 -86.50

NASDAQ 2190.06 +18.86
DJIA 10296.85 +111.32
RS/$ 46.25 +0.90

NIFTY GAINERS
Media Video 26.80 + 15.52
Resurg.Mines 97.70 + 10.40
S S I Ltd. 24.00 + 10.09
Infinite Com 210.25 + 9.62
Goa Carbons 121.50 + 9.61

Indian equities ended near day’s lows on Thursday as profit booking in the global markets spooked investor confidence. All the sectoral indices ended in the red with realty, metals and IT stocks leading the downfall. Negative global cues to start with and disturbing news coming out of Europe in the afternoon made the markets close deep in the red. The news of sharp rise in Sovereign Credit Default Swaps of Greece, Portugal and Spain accentuated the fall in the latter half of the trade
National Stock Exchange’s Nifty ended at 4845.35, down 86.5 points or 1.75 per cent. It touched intra-day low of 4832.35 and high of 4931.30.
Bombay Stock Exchange’s Sensex closed at 16,224.95, down 271.10 points or 1.64 per cent.

The index touched a low of 16192.37 and high of 16,188.80 in today’s trade.

BSE Midcap Index was down 1.95 per cent and BSE Smallcap Index slipped 1.61 per cent. Amongst the sectoral indices, BSE Realty Index was down 3.89 per cent, BSE Metal Index slipped 3.36 per cent and BSE IT Index fell 2.1 per cent. BSE FMCG Index was down 0.26 per cent and BSE PSU Index moved 0.72 per cent lower. Hindalco Industries (-6.37%), Jaiprakash Associates (-4.59%), Tata Motors (-4.36%), DLF (-4.33%) and Tata Steel (-3.85%) were the worst hit in the Sensex pack. ONGC (0.56%), ITC (0.32%) and Hero Honda (0.03%) eked out modest gains. Shares of oil companies ended in the red giving into bearish market sentiments after a positive start.
The panel headed by Kirit Parikh has suggested a clean break from the past with market-linked prices for auto fuels and a sharp increase in the prices of kerosene and cooking gas. If the recommendations of the expert group, chaired by the former Planning Commission member, are implemented, it will result in annual cost saving of over Rs 30,000 crore at current levels of under-recoveries for oil companies. We note that these suggestions are largely in line with the recommendations of earlier committees instituted by the government on the same issue, which were never implemented. While we await government action on this report, we believe the suggestions are likely too aggressive to be implemented in current form, given inflation concerns, implementation issues and political considerations. A one-time hike in gasoline and diesel prices is all that might happen, in our view. We reiterate Sell on the OMCs with potential downside of 24%-28% to our 12-m TPs, all based on 6X FY11E EBITDA. HPCL is on our Conviction list, as we believe it has the highest earnings leverage to under-recoveries and lowest returns in medium term,” said the Goldman Sachs report. Market breadth was negative on the BSE with 2,001 declines and 836 advances. European markets were down about a percent ahead of the rate decisions from European Commercial Bank and Bank of England. US stock indices futures too were down more than half a percent ahead of the Jobless Claims data. At 5 pm, Dow Jones stock futures was down 0.58 per cent, S&P 500 slipped 0.64 per cent and Nasdaq 100 declined 0.53 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/makin97NSEtips

TIPS FOR 04.02.2010 THURSDAY


GOOD MORNING & Have a Nice DAY
WISH U ALL A Happy & Profitable Trading!

INTRADAY CALLS FOR WEDNESDAY 04.02.2010
Buy Cummins India Above 480 SL 472 TGT 496
Buy Castrol India at 645.60 TGT 663. SL 634
DHAMPURSUG Buy Above 133 SL 130 TGT 137

INVESTMENT CALL & DELIVERY CALLS
Buy Axis Bank above 1077 SL 1061 TGT 1090 1102
MARKET VIEW 04.02.2010 WEDNESDAY

NIFTY HAD MADE GOOD STRONG COME BACK FROM THE SUPPORT LEVEL OF 4800 AGAIN. TODAY IT CLOSED ABOVE LEVEL OF 4900. TECHNICALLY NIFTY COULD FACE NEXT MAJOR RESISTANCE AROUND 5000 LEVEL.
WE RECOMMEND THAT WE SHOULD WATCH OUT THE LEVEL OF 5000. ABOVE THAT LEVEL WE COULD EXPECT THAT NIFTY COULD ADVANCE IN UPTREND.
The crucial support on the downside for the Nifty is 4827 and resistance at 4967-5030
BSE Sensex (16496) the crucial support on the Sensex on the downside is 16300 and resistance at 16643
WORLD MARKETS UPDATE 04.02.2010
Asian MarketsAsian markets trading lower on Thursday.Nikkei Stock Average 225 down 0.58 percent at 10,344.26.Hang Seng Index down 223.05 points at 20,499.03.KOSPI Index down 0.26 pct at 1,610.84.Shanghai Composite Index down 0.46 pct at 2,989.89.US Markets US Markets ended flat on Thursday. Dow Jones industrial average down 26 points, down 0.26 percent, to 10,271. The Standard & Poor's 500 index ended down 0.55 percent down 6 points to 1,097. The tech-heavy NASDAQ composite index gained 0.04 percent up 1 points to 2,191.
European Stocks Ended LowerEuropean Markets ended lower on Wednesday. Britain’s FTSE 100 index ended down 0.57 percent down 30 points to 5,253,Germany's DAX ended down 0.66 percent down 38 points to 5,672,France's CAC 40 ended down 0.49 percent at 3,793.CommoditiesCrude oil was down 11 cents to trade at $76.88 a barrel. Gold settle at $1,112 an ounce.
We wish you To Have a Superb Profitable Trading Day Today!!!

Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd
+91 9915684997,9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
http://us.mc435.mail.yahoo.com/mc/compose?to=rakeshmakin@yahoo.com
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
Group mail id: http://us.mc598.mail.yahoo.com/mc/compose?to=makin97NSEtips@yahoogroups.co.in
WISH U ALL HAPPY & SAFE TRADING