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Tuesday, August 31, 2010
Indian Stocks markets closes in red | Sensex down 69 pts
As predicted in my early post the fears of the second dip in global economy is already on, with the major world indices also trading in red, Major Indian stock indices like BSE's Sensex and NSE's Nifty also closed down thus following it's global peers. The National Stocks Exchanges's Nifty index closed down by 13 points at 5402.40 whereas the 30 component benchmark index Sensex closed down by 69 points.
Most of the sectoral sub indices at Bombay Stock Exchange were also down with BSE Oil and Gas index leading the list followed by Realty Index, Metal index and FMCG index. Indian markets shall remain in red through out the remaining days of the week as global economic condition is not looking very promising due to rising fears of the second dip.
market breadth at NSE was negative with over 2100 declines against only 1000 some advances.
Major losers at the Bombay Stock exchange today were RIL, Reliance Communications, JP Associstes and tech firm HCL technologies. while there were some gainers in Ambuja Cement, Ranbaxy and Tata Motors.
Monday, August 30, 2010
Indian Stock indices closes almost flat - no direction to go
Most of the major stock indices of India including BSE's Sensex and NSE's Nifty closed slightly up today but witnessed a volatile trade through out the day,
finding it's global peers like Dow Jones Industrials, European markets under stress and getting no direction to follow due to increasing investor consiousness about the predictions of possible stock market correction next month (read complete post).
Thus indian investors are too looking sceptical about the global developments and are playing very safe money till the clouds over possible double dip gets over, FMCG stocks ended in red after investors booked profits from two days of rally in FMCG stocks.
The 30 share BSE's Sensex closed up by just 33 points and was at 18,032.11 at closing today, the index touched the lowed price of 17,960.23 during intraday trading today.
The sectoral indices report card for today is as follows:
| Index Name | Last Trade | Change |
| BSE 30 | 18,032.11 | 33.70(0.19%) |
| AUTO INDEX | 8,741.49 | 31.44 (0.36%) |
| BANKEX | 12,224.60 | 8.53(0.07%) |
| BSE - 100 | 9,662.72 | 15.12(0.16%) |
| BSE - 200 | 2,312.18 | 3.11 (0.13%) |
| BSE - 500 | 7,321.35 | 10.41(0.14%) |
| BSE - CAPITAL GOODS | 14,631.60 | 91.22(0.62%) |
| BSE - CONS. DURABLES | 5,803.82 | 31.34(0.54%) |
| BSE - FMCG | 3,332.30 | 22.43(0.67%) |
| BSE - HEALTHCARE | 5,549.64 | 13.24(0.24%) |
| BSE - INFOTECH | 5,373.95 | 34.41(0.64%) |
| BSE Mid-Cap | 7,640.96 | 6.25(0.08%) |
| BSE PUBLIC SECTOR | 9,717.32 | 22.41(0.23%) |
| BSE Small-Cap | 9,636.47 | 4.48(0.05%) |
| BSE TECK INDEX | 3,374.60 | 5.66(0.17%) |
| METAL INDEX | 15,128.44 | 217.62 (1.46%) |
| OIL & GAS INDEX | 10,118.08 | 25.91 (0.26%) |
The broader index National Stock Exchange's Nifty also closed little up today but lacked investor enthusiasm. thua closing a mere 6 points up at 5415 today. The NSE's subindices performance today is as follows:
| Index Name | Last Trade | Change |
| S&P CNX NIFTY | 5,415.45 | 6.75(0.12%) |
| S&P CNX DEFTY | 4,001.20 | 7.25 (0.18%) |
| CNX NIFTY Junior | 11,828.55 | 3.15 (0.03%) |
| S&P CNX 500 | 4,557.60 | 6.70 (0.15%) |
| CNX MIDCAP 200 | 8,737.45 | 20.35 (0.23%) |
| BANK NIFTY | 10,747.25 | 19.80(0.18%) |
| CNX IT | 5,971.25 | 34.65 (0.58%) |
Sunday, August 29, 2010
BSE SENSEX | Indian Stock markets ready for correction
If we go by the predictions about global stock markets prevailing in market, then a correction in Indian stock markets is bound to happen next month...it's a rumor though but who knows if the prediction comes true.
If we see some correction in indian stock markets(while it follow it's global peers) or the second dip in global markets (read full) next month(as the prediction goes) then Sensex might come at levels of 15000 to 16000. Which looks the correct valuation of Indian markets looking at economic conditions presently.
Then RIL should be the worst stock to fell and it would become the best time for longterm investors to invest in correct valued stock after the fall in september 2010.
Thursday, August 26, 2010
SENSEX up 46 pts | Nifty up 15 pts today
Indian Stock market closed a little up today thus ending a five day decline streak, but again witnessed a lackluster day.
Oil and Gas sector stocks, Realty stocks subindices were major losers while Bank and Pharma sector looked a little promising.
Nifty closed at 5477.90, up 15.55 points from yesterdays close and reached the lowest of 5454.70 during intraday trade.
The 30 stock BSE's Sensex also closed up by about 46 points today as the rise of stock was seen mainly in FMCG, Banking sector and Pharma stocks, Sensex closed at 18226.35, up 46.71 points today.
However since the predictions about possible double dip to take place next month are gaining grounds thus despite closing up Market breadth was negative on the NSE with 1,750 declines against 1,483 advances.
Wednesday, August 25, 2010
BSE live
You can see live BSE Sensex here in this post, this Sensex ticker have a delay of 10 minutes, but is providing live BSE stock prices for Sensex.
Bse's Sensex | Nse's Nifty closes in deep red
Indian Stock markets saw heavy selling today throughout the day and both BSE(Bombay Stock Exchange) and NSE(National Stock Exchange) closed in red territory today. BSE Smallcap Index was down by 1.42 percent at closing today.
Must read:
Is USA Ready for second Stock Crash
Looked like the uncertainty about global economic recovery is ever increasing and the rumours about possible US Stock Market crash is also playing in Indian Stock markets which have now become almost sort of a global type. So I think now the downward trend of Bombay Stock Exchange(BSE) and National Stock Exchange(NSE) have begun and would continue till the end of next month.
Today there was heavy stock selling witnesses at the Bombay Stock Exchange as well as National Stock Exchange. All the subindices at BSE were in red throughout with Realty Index leading the losers list with over 3 percent decline. BSE Midcap Index was down 1.49 percent.
The 30 component index Sensex closed at 18179.64, down 131.95 points today. It touched low of 18156 during intraday trading.
majority of the components of SENSEX also closed lower, ACC stock was in green today at closing, Following is table of company wise closing of Sensex:
| SENSEX | 25 Aug 2010 closing | |||||
| Company Name | Industry | LastPrice | Change | % Chg | Mkt Cap(Rs cr) | Weight |
| ACC | Cement - Major | 868.05 | 2.20 | 0.25 | 16,314.13 | 0.59 |
| Bharti Airtel | Telecommunications - Service | 316.85 | -5.20 | -1.61 | 120,324.74 | 4.37 |
| BHEL | Engineering - Heavy | 2,468.65 | -15.10 | -0.61 | 120,845.35 | 4.39 |
| Cipla | Pharmaceuticals | 308.90 | -8.35 | -2.63 | 24,802.24 | 0.90 |
| DLF | Construction & Contracting - Real Estate | 311.45 | -10.80 | -3.35 | 52,865.62 | 1.92 |
| HDFC | Finance - Housing | 619.50 | -5.65 | -0.90 | 90,340.78 | 3.28 |
| HDFC Bank | Banks - Private Sector | 2,193.05 | -14.00 | -0.63 | 100,812.47 | 3.66 |
| Hero Honda | Auto - 2 & 3 Wheelers | 1,845.10 | -43.90 | -2.32 | 36,844.34 | 1.34 |
| Hindalco | Aluminium | 163.45 | -5.00 | -2.97 | 31,275.77 | 1.14 |
| HUL | Personal Care | 267.80 | -1.25 | -0.46 | 58,442.52 | 2.12 |
| ICICI Bank | Banks - Private Sector | 984.10 | -16.70 | -1.67 | 109,772.29 | 3.98 |
| Infosys | Computers - Software | 2,771.85 | 6.35 | 0.23 | 159,076.78 | 5.77 |
| ITC | Cigarettes | 160.45 | 0.50 | 0.31 | 122,798.85 | 4.46 |
| Jaiprakash Asso | Construction & Contracting - Civil | 115.70 | -2.55 | -2.16 | 24,582.02 | 0.89 |
| Jindal Steel | Steel - Sponge Iron | 698.55 | 0.50 | 0.07 | 65,240.59 | 2.37 |
| Larsen | Engineering - Heavy | 1,851.10 | -10.00 | -0.54 | 111,652.27 | 4.05 |
| Mah and Mah | Auto - Cars & Jeeps | 615.15 | -1.90 | -0.31 | 35,582.40 | 1.29 |
| Maruti Suzuki | Auto - Cars & Jeeps | 1,220.00 | -14.10 | -1.14 | 35,247.03 | 1.28 |
| NTPC | Power - Generation/Distribution | 193.60 | 0.05 | 0.03 | 159,632.19 | 5.79 |
| ONGC | Oil Drilling And Exploration | 1,277.45 | 4.95 | 0.39 | 273,230.27 | 9.92 |
| Reliance | Refineries | 968.10 | -4.05 | -0.42 | 316,688.52 | 11.49 |
| Reliance Comm | Telecommunications - Service | 163.75 | -2.25 | -1.36 | 33,798.44 | 1.23 |
| Reliance Infra | Power - Generation/Distribution | 1,012.50 | -10.55 | -1.03 | 24,793.11 | 0.90 |
| SBI | Banks - Public Sector | 2,823.70 | -23.25 | -0.82 | 179,272.06 | 6.51 |
| Sterlite Ind | Metals - Non Ferrous | 154.00 | 1.60 | 1.05 | 51,768.67 | 1.88 |
| Tata Motors | Auto - LCVs/HCVs | 991.80 | -18.35 | -1.82 | 56,592.11 | 2.05 |
| Tata Power | Power - Generation/Distribution | 1,255.15 | -24.80 | -1.94 | 29,785.62 | 1.08 |
| Tata Steel | Steel - Large | 497.25 | -16.55 | -3.22 | 44,126.46 | 1.60 |
| TCS | Computers - Software | 870.95 | 2.05 | 0.24 | 170,464.16 | 6.19 |
| Wipro | Computers - Software | 400.25 | -8.50 | -2.08 | 98,041.24 | 3.56 |
The brodaer index NSE's Nifty also closed lower by 42 points at 5462.32 today.
If the US Stock Markets crashes next month then Indian market too would crash so it's favourite time approaching for purchasing more stocks next month.
Read more about - Stock Investing tips.
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