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Tuesday, August 31, 2010
Top stocks pick for today
This post is for those who are interested in Intraday Trading and thus consists of the Top 5 stock which one can by today for selling later, You can get Intraday trading tips here.
Top stock picks are as mentioned below:
1. RIL or Reliance Industries limited. (Oil) (buy rating)
2. Punjab National Bank (Bamks)(sell rating)
3. Bajaj Auto Limited (Auto) (sell)
4. Mahindra and Mahindra (Auto) (buy rating)
5. Ranbaxy (Pharma sector) (buy rating)
Best Stock Markets Investing Tips - Evergreen
Stock Market investing requires sheer analysis of the stocks and economy as both work in correlation. But still there is lots of risk involved in it, but that can be minimised by following the stock market tips , These are evergreen tips, just follow the link below to go to the post. However expecting profits from first investment looks very very Amateur.
Evergreen Stock Market Tips
Indian Stock Markets today live
Bse SENSEX | NIFTY rise in opening trade
Bulls are all present at the Dalaal street today at opening hours trading of BSE and Nse as bothe Sensex and Nifty are up by slightly less then one percent today.
Most of the buying is seen in stock of Tata Steel and Bharti while other sub indices are also up at Bombay Stock Exchange which is oldest Stock market in Asia.
Hero Honda, Hindustan Unilever, Reliance Infrastructure are in red today, while Bharti , Tata steel, Rcom, Maruti Suzuki, Jaiprakash Asso, ICICI Bank, and Tata Motors are in green.
Investors are showing some promise while the global market space still looks very gloomy, may be this is just because of making some profit booking tomorrow.
HAPPY TRADING.
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.
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