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Monday, October 11, 2010
Metals, Oil and Gas, Auto stocks shine as Indian stock markets closes up
The 30 stock benchmark index Sensex closed at 20339.89, up 89.63 points. The 30-share index touched a high of 20461.27 and low of 20250.26 during intraday trading today.
BSE Midcap Index was up 0.79 per cent and BSE Smallcap Index moved 1.30 per cent higher. BSE Auto Index closed up y whopping 1.93 percent today, and BSE Metal Index also moved up by 1.57 percent whereas BSE Oil&gas Index moved 1.29 percent and was slightly less compared to former subindices.
Similar environment was present at National Stock exchange which closed above the 6135 mark today, The index touched hogh of above 6150 today(6187) during intraday trading.
Thursday, October 7, 2010
Top 10 Stock Market Investing advice - you always looked for
Presently if you search on google for a simple term 'stock tips' you will find more then 2 crores of website results which promises to provide you with best stock market advice, some of the big business houses which are into investment are only genuine of the lot. Many unknown links too comes on tope results of google which are more or less fraudulent and these websites promises 100 percent returns in short span of time, which can never be in reality because no body can predict the movement of stock markets with 100 percent correction, hence my advice to potential investors is not to fall into trap of such looking fraudulent websites which offer stock market tips and charge for them, If the website belongs to well known groups like Sharekhan etc, then you should definitely go for becoming member otherwise your hard earned money would be eaten by such links and you will get no profit either.
So I wanted to provide the very very basic stock market investing advice which you always wanted and that too at no charge, but again you should also use some of your brain too for understanding these investing advice clearly , it is not difficult to understand, so here are the list of stock market investing advice you always wanted to know.
1. Always buy a stock when it is not rising.
2. Buy when markets are down and always buy an undervalued stock.
3. Always follow the fundamentals the principle between stock prices is similar to demand and supply, which is infact the principle on which whole world runs.
4. Buy stocks grown in top line and bottom line over the past years.
5. Invest in companies with proven management and strong assets.
6. Avoid loss-making companies.
7. Look for the dividend paying record of the company from past couple of months.
8. Invest in stocks for sure returns.
9. Consider stocks as an asset and not a liability so think you will always make money from stocks.
11. The basic property of any asset class is to grow just wait for required time and never panic.
12. Invest a fixed amount each month and this amount should be well within your budget and always have a rigid threshold amount to invest.
My summary post which I wrote after understanding the investing style of legendary investor Warren Buffett can be read here(this will surely help you).
You should also understand complete tutorial posts on stock market investing tips by clicking here or follow the investment tips links on left side of this page.
HAPPY TRADING!!
BSE Stocks report card today
The Bombay stock exchange saw heavy selling today and closed down by over 225 pointsRead full post.
Following are the closing rates of 30 components of SENSEX for today, majority were down on profit booking.
PS - Red border color intimates overall decline.
| SENSEX | 07 Oct 16:03 | |||||
| Company Name | Industry | LastPrice | Change | % Chg | Mkt Cap(Rs cr) | Weight |
| ACC | Cement - Major | 1,028.70 | 2.10 | 0.20 | 19,333.39 | 0.63 |
| Bharti Airtel | Telecommunications - Service | 354.05 | 1.80 | 0.51 | 134,451.55 | 4.38 |
| BHEL | Engineering - Heavy | 2,603.40 | -63.05 | -2.36 | 127,441.64 | 4.16 |
| Cipla | Pharmaceuticals | 331.25 | 3.80 | 1.16 | 26,596.77 | 0.87 |
| DLF | Construction & Contracting - Real Estate | 380.95 | -11.80 | -3.00 | 64,663.66 | 2.11 |
| HDFC | Finance - Housing | 726.70 | -18.65 | -2.50 | 106,107.61 | 3.46 |
| HDFC Bank | Banks - Private Sector | 2,432.10 | -22.35 | -0.91 | 112,510.13 | 3.67 |
| Hero Honda | Auto - 2 & 3 Wheelers | 1,841.45 | 21.50 | 1.18 | 36,771.45 | 1.20 |
| Hindalco | Aluminium | 211.70 | 1.30 | 0.62 | 40,508.29 | 1.32 |
| HUL | Personal Care | 296.70 | -4.55 | -1.51 | 64,749.43 | 2.11 |
| ICICI Bank | Banks - Private Sector | 1,134.00 | -14.60 | -1.27 | 126,548.63 | 4.13 |
| Infosys | Computers - Software | 3,055.25 | -46.45 | -1.50 | 175,341.13 | 5.72 |
| ITC | Cigarettes | 172.20 | -1.20 | -0.69 | 132,204.23 | 4.31 |
| Jaiprakash Asso | Construction & Contracting - Civil | 135.05 | -2.90 | -2.10 | 28,693.19 | 0.94 |
| Jindal Steel | Steel - Sponge Iron | 736.10 | -15.15 | -2.02 | 68,747.54 | 2.24 |
| Larsen | Engineering - Heavy | 2,038.00 | -33.80 | -1.63 | 122,925.46 | 4.01 |
| Mah and Mah | Auto - Cars & Jeeps | 725.70 | -13.90 | -1.88 | 42,094.46 | 1.37 |
| Maruti Suzuki | Auto - Cars & Jeeps | 1,490.15 | -25.95 | -1.71 | 43,051.93 | 1.40 |
| NTPC | Power - Generation/Distribution | 214.95 | -1.55 | -0.72 | 177,236.26 | 5.78 |
| ONGC | Oil Drilling And Exploration | 1,385.15 | -0.55 | -0.04 | 296,265.93 | 9.66 |
| Reliance | Refineries | 1,038.50 | -6.10 | -0.58 | 339,814.22 | 11.08 |
| Reliance Comm | Telecommunications - Service | 178.15 | 1.20 | 0.68 | 36,770.64 | 1.20 |
| Reliance Infra | Power - Generation/Distribution | 1,087.30 | -33.00 | -2.95 | 26,624.74 | 0.87 |
| SBI | Banks - Public Sector | 3,216.65 | -15.45 | -0.48 | 204,256.67 | 6.66 |
| Sterlite Ind | Metals - Non Ferrous | 176.00 | -1.60 | -0.90 | 59,164.19 | 1.93 |
| Tata Motors | Auto - LCVs/HCVs | 1,126.35 | -10.70 | -0.94 | 64,269.53 | 2.10 |
| Tata Power | Power - Generation/Distribution | 1,433.40 | 34.65 | 2.48 | 34,015.62 | 1.11 |
| Tata Steel | Steel - Large | 649.55 | -28.50 | -4.20 | 57,641.72 | 1.88 |
| TCS | Computers - Software | 949.15 | -10.30 | -1.07 | 185,769.63 | 6.06 |
| Wipro | Computers - Software | 457.70 | -6.60 | -1.42 | 112,113.62 | 3.66 |
Might Interest you:
Tips for Mutual funds investing
All the sectoral indices also closed lower today and the mood was for booking profits through out the day at the dalal street.
The below table shows the day's performance of the Sectoral indices at Bombay Stock Exchange.
BSE's Sectoral indices performance table for today:
| Index Name | Last Trade | Change |
| BSE 30 | 20,315.32 | 227.76(1.11%) |
| AUTO INDEX | 9,828.91 | 105.46 (1.06%) |
| BANKEX | 14,224.29 | 121.13(0.84%) |
| BSE - 100 | 10,838.87 | 108.71(0.99%) |
| BSE - 200 | 2,587.49 | 24.64 (0.94%) |
| BSE - 500 | 8,169.59 | 73.89(0.90%) |
| BSE - CAPITAL GOODS | 16,325.56 | 207.51(1.26%) |
| BSE - CONS. DURABLES | 6,554.83 | 72.84(1.10%) |
| BSE - FMCG | 3,634.66 | 27.63(0.75%) |
| BSE - HEALTHCARE | 6,254.62 | 21.24(0.34%) |
| BSE - INFOTECH | 6,030.26 | 79.68(1.30%) |
| BSE Mid-Cap | 8,369.62 | 56.92(0.68%) |
| BSE PUBLIC SECTOR | 10,557.20 | 81.47(0.77%) |
| BSE Small-Cap | 10,541.69 | 94.67(0.89%) |
| BSE TECK INDEX | 3,750.97 | 33.07(0.87%) |
| METAL INDEX | 17,654.71 | 305.75 (1.70%) |
| OIL & GAS INDEX | 10,781.41 | 56.83 (0.52%) |
The national Stock Exchange showed no different picture either and closed down due to profit booking, All the sub indices also were in red at closing at NSE today.
Sectoral performance of NSE today:
| Index Name | Last Trade | Change |
| S&P CNX NIFTY | 6,120.30 | 66.15 (1.07%) |
| S&P CNX DEFTY | 4,781.95 | 35.05 (0.73%) |
| CNX NIFTY Junior | 13,129.80 | 61.40 (0.47%) |
| S&P CNX 500 | 5,052.45 | 38.15(0.75%) |
| CNX MIDCAP 200 | 9,477.45 | 56.95 (0.60%) |
| BANK NIFTY | 12,531.10 | 92.60 (0.73%) |
| CNX IT | 6,678.95 | 95.40 (1.41%) |
SENSEX closes over 250 points down | NIFTY follows
Profit booking pulled the major indian stock indices down at closing and through out the trading sessions today. With Bombay stock exchange's 30 component SENSEX and National stock exchange's broader index NIFTY also closing down because of profit booking. The Realty stocks were the worst hit and metals and capital goods followed.
Bombay Stock Exchange’s Sensex closed at 20315.32, down 227.76 points. It hit an intraday low of 20272.77 and high of 20581.29 during intraday trading. Sectoral indices also showed same behavior as Sensex and closed lower today with BSE Midcap Index closing at 0.74 percent and BSE Smallcap Index closing down by almost 0.92 percent.
The broader index NIFTy was no different and closed at 6118, down 68.45 points.
market breadth was negative with 1878 declines against 1372 advances.
Wednesday, October 6, 2010
Indian Share Indices witnessing lackluster trading
With stock price of HDFC, PNB, Infosys and Mahindra and Mahindra on a decline. National Stock Exchange's NIFTY is seeing lackluster trading session and so is the case with Bombay Stock Exchange's Benchmark index SENSEX. which is down by nearly 30 points presently, You can see the latest sensex prices from the above sensex ticker.
Sector wise too the BSE indices are down BSE IT Index is down by 0.47 percent and BSE Bankex also declining 0.40 percent. BSE Healthcare Index however is in green by moving 0.84 percent higher and BSE Power Index gained 0.58 percent as well. So we can see mixed emotions at Bombay Stock Exchage presently.
While posting the SENSEX is at 20483 down by over 50 points and National Stock Exchange's NIFTY is at 6168 down by 18 points.
Best 5 stocks for the day
Presently the Indian Stock markets are in slightly red color, Both Bombay Stock Exchange's SENSEX and national Stock Exchange's NIFTY are trading down.
Following are the best 5 stocks for today which can be purchased or sold for intraday trading
1. GE Shipping Company Ltd - Buy - sell if touches 360 today.
2. BHEL(Electrical comp) - Buy - target 2850
3. Reliance Industries Ltd - Buy - sell at 1,095.
4. Hindalco - Buy - sell at 225 today.
5. Firstsource Solutions(IT) - Buy - target 34.
HAPPY TRADING!!
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