Back with a bang!!

hello everyone , i am back and would start updating with the bse and NSE analysis , It was a long break almost two months since i last posted....
so happy trading....and cheers!! and yes life has changed from bachelor hood to married man :)

Indian Stock Markets close in red Rcom M&M Drag

(Posted under - SENSEX closing, Nifty Closing) - Major indian share indices closed in deep red today as profit making griped the markets.

Bombay Stock Exchange’s Sensex closed at 16148.55, down 207.48 points or 1.27 per cent. The index touched an intra-day low of 16129.11 and high of 16525.98.

National Stock Exchange’s Nifty ended at 4824.95, down 74.75 points or 1.53 per cent. The 50-share index hit a low of 4814.10 and high of 4951.15.

BSE Midcap Index fell 1.28 per cent and BSE Smallcap Index declined 0.86 per cent.

Biggest Sensex losers comprised Jaiprakash Associates, Reliance Communications , Mahindra & Mahindra, NTPC, Grasim Industries and Maruti Suzuki .

Market breadth on BSE remained negative with 1788 declines against 1106 advances.

Top companies loose on Market Capitalization

A whopping Rs 73,000 crore was eroded from the market capitalisation of seven of the top 10 firms last week and during the period the benchmark Sensex fell below the psychologically crucial 17,000-mark.

The country's largest iron ore producer NMDC, which will come out with a follow-on public offer to divest 8.3 per cent, was the biggest gainer. It jumped to the third place from fourth in the list of top 10 companies going by their market valution. NMDC added Rs 21,429.21 crore to its valuation to end the week at Rs 2,11,120.28 crore.

Mukesh Ambani-led Reliance Industries, the biggest company by m-cap, also lost Rs 18,421.28 crore. Its valution stood at Rs 3,46,126.17 crore at the end of of the week.

The state-run power behemoth NTPC slipped to fourth place from third after losing Rs 8,245.46 crore. Trading firm MMTC down by Rs 8,733.75 crore is at the fifth place. Its total valuation declined to Rs 1,83,461.49 crore.

Another PSU MMTC's m-cap dipped to Rs 1,75,675.25 crore. Software giants TCS and Infosys Technologies together lost Rs 13,053.11 crore.

TCS is at the sixth place at Rs 1,47,788.17 crore and Infosys at Rs 1,47,574.71 crore is at seventh place. Country's largest public sector lender SBI, eighth in the list, witnessed an erosion of Rs 3,415.65 crore, bringing its total valution to Rs 1,32,702.62 crore.

Private telecom services provider Bharti Airtel Bharti Airtel's stood at ninth spot with a total valuation of Rs 1,21,996.32 crore. Bharti Airtel posted 2.3 per cent rise in third quarter profit at Rs 2,210 crore.

However we can see better days ahead :) my fingers are crossed

SENSEX | NIFTY closes down as L&T, Seimens drag

(posted under BSE live, NSE Live)-Bombay Stock Exchange’s Sensex closed at 17050.67, down 423.82 points or 2.43 per cent. The 30-share index hit a low of 17025.26 and high of 17474.49.

BSE Midcap Index was down 2.34 per cent and BSE Smallcap Index slipped 2.47 per cent.

All the sectoral indices were in the red. BSE Capital Goods Index was down 5.17 per cent, BSE Power Index declined 3.52 per cent and BSE Realty Index slipped 2.88 per cent.

National Stock Exchange’s Nifty ended at 5093.60, down 128.10 points or 2.45 per cent. The broader index touched a low of 5085.45 and high of 5220.35.

SENSEX | NIFTY closes in green as fin. stocks climb

(posted under BSE live, NSE live) - It was a good day for indian stock indices as major indices ended in green today as shares of technology companies and financial institutions boosted the markets.

Bombay Stock Exchange’s Sensex was at 17,628.71, higher by 74.41 points or 0.42 per cent. The index touched a high of 17,712.60 and low of 17,505.50 in trade so far.

BSE Midcap Index was up 0.57 per cent and BSE Smallcap Index climbed 0.63 per cent.

National Stock Exchange’s Nifty closed at 5275.35, thus moving up by 23.15 points.

SECTORAL INDICES -

BSE Bankex was up by 2.51 percent, BSE PSU Index up 1.85 percent and BSE Auto Index up 1.69 percent. However BSE Metal Index and BSE Oil & Gas Index lost 0.38 per cent each.

BSE Holidays list 2010

Following is the list of official holidays for BSE for the year 2010:

New Year	Friday	January 1, 2010
Republic Day	Tuesday	January 26, 2010
Mahashivaratri	Friday	February 12, 2010
Holi	Monday	March 1, 2010
Ram Navmi	Wednesday	March 24, 2010
Good Friday	Friday	April 2, 2010
ambedkar jayanti	Wednesday	April 14, 2010
Ramzan Id	Friday	September 10, 2010
Diwali	Friday	November 5, 2010
Bakriid	Wednesday	November 17, 2010
Mohurum	Friday	December 17, 2010