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Tuesday, October 19, 2010
SENSEX closes below 20000 mark -down 289 points
Weak global stock market cues provided no support to Indian stock indices today as major indian stock markets like Bombay Stock Exchange and national Stock Exchange closed under 20000 mark and nosedived by over one percent at closing today.
The 30 component Bombay Stock Exchange’s Sensex closed at 19,929.08, down by a whopping 239.81 points. The benchmark index touched a low of 19,923.96 during intraday trading. The large caps or SENSEX components are currently governed by Foreign Institutional Investors and shows very little sentiments of Indian investors, The reason is that SENSEX components stock prices have gone beyond the levels of individual investors which is evident with the rise in midcap and Small cap stock prices today. Global stock markets are today trading lower by over 1 percent as weak results from IBM and Apple Inc dissapointed the investors. Currently I would call that Indian stock Indices particularly 30 component SENSEX and NIFTY are at mercy of Foreign Investors who sell stock if US Stock markets are down WHICH IS NOT GOOD FOR INDIAN STOCK MARKETS.
The smaller stock indices like BSE Midcap Index and BSE Smallcap Index closed up 0.24 percent each.
Sector wise performance for today is as follows:
Apart from BSE Healthcare Index upward movement(which got boosted by Biocon Pfizer deal) BSE IT Index fell 2.22 percent today at closing, BSE Realty Index slipped 1.75 percent and BSE Metal Index declined 1.25 percent.
The broader index Nifty closed at 6,011.10, down by 64.85 points and touched high of 6,127.05 during the day.
Monday, October 18, 2010
Best Stock Market Tips for novices of Stock Investing
There are loads of websites which provide stock market tips for Indian Markets but majority are paid and are not too effective, some websites are only present to get money from beginners in the name of providing stock market tips but are actually fraudulous websites, beware of such fake websites and always trust on the name of mouth. Following is my collection of stock market investing tips for person who dont know anything about stock investing but wants to start and these stock market tips for Indian markets are free, but please be analytical while applying these tips for making profits from your investment.
Doing Online trading
49 must follow Stock Investing tips
Making a profitable Investment
Stock Markets investing tips
Short Selling explained
Choosing a Stock broker
Best Books to follow
Online trading techniques for beginners
10 Evergreen Investing tips
Best Investing Strategies
Dont's of Share markets
HAPPY TRADING !
Indian Stock markets closes with modest gains
Major Indian Stock indices closed on a positive not today with IT index leading by closing up by over 1 percent today. Realty stocks and Oil and Gas stocks also gained today where as Pharma and FMCG were in red at closing today.
The 30 component Bombay Stock Exchange’s Sensex ended at 20200.40, up by 75.35 points. The 30-share index touched a high of 20201.47 during intraday trading today.
The broader index Nifty closed at 6093.45, up 30.80 points today.
The gainers(Sector wise) are as follows:
BSE Oil&gas Index closed up by 1.35 percent, Whereas BSE IT Index moved up by 1.28 percent and only Wipro showing some profit booking and closed down out of ten stocks and BSE Realty Index also closed up by 0.64 percent.
BSE Midcap Index was hoever down by 0.44 percent and so was BSE Smallcap Index which closed down by 0.16 percent today.
Wednesday, October 13, 2010
SENSEX Companies closing prices today
Indian benchmark index the 30 component SENSEX had a great day today ad BSE saw heavy purchasing today.Majority of the SENSEX companies closed in green today.
Following are closing prices of 30 componets of the SENSEX index which is most tracked Asian stock index. for today's detailed update on Indian stock Marketsclick here
| SENSEX | 13 Oct 17:31 | |||||
| Company Name | Industry | LastPrice | Change | % Chg | Mkt Cap(Rs cr) | Weight |
| ACC | Cement - Major | 1,030.65 | 33.05 | 3.31 | 19,370.04 | 0.62 |
| Bharti Airtel | Telecommunications - Service | 347.60 | 8.50 | 2.51 | 132,002.15 | 4.23 |
| BHEL | Engineering - Heavy | 2,592.50 | 49.40 | 1.94 | 126,908.06 | 4.07 |
| Cipla | Pharmaceuticals | 339.50 | 0.00 | 0.00 | 27,259.18 | 0.87 |
| DLF | Construction & Contracting - Real Estate | 386.60 | 12.15 | 3.24 | 65,622.71 | 2.10 |
| HDFC | Finance - Housing | 739.90 | 32.55 | 4.60 | 108,106.18 | 3.46 |
| HDFC Bank | Banks - Private Sector | 2,441.40 | 58.40 | 2.45 | 112,940.35 | 3.62 |
| Hero Honda | Auto - 2 & 3 Wheelers | 1,878.15 | 4.20 | 0.22 | 37,504.31 | 1.20 |
| Hindalco | Aluminium | 216.30 | 5.65 | 2.68 | 41,388.49 | 1.33 |
| HUL | Personal Care | 302.55 | 11.25 | 3.86 | 66,026.09 | 2.12 |
| ICICI Bank | Banks - Private Sector | 1,160.10 | 21.85 | 1.92 | 129,461.25 | 4.15 |
| Infosys | Computers - Software | 3,151.20 | 76.30 | 2.48 | 180,847.71 | 5.80 |
| ITC | Cigarettes | 175.25 | 4.40 | 2.58 | 134,545.83 | 4.31 |
| Jaiprakash Asso | Construction & Contracting - Civil | 134.80 | 5.20 | 4.01 | 28,640.07 | 0.92 |
| Jindal Steel | Steel - Sponge Iron | 718.90 | 4.00 | 0.56 | 67,141.16 | 2.15 |
| Larsen | Engineering - Heavy | 2,079.25 | 80.65 | 4.04 | 125,783.83 | 4.03 |
| Mah and Mah | Auto - Cars & Jeeps | 735.70 | 19.80 | 2.77 | 42,894.97 | 1.37 |
| Maruti Suzuki | Auto - Cars & Jeeps | 1,554.45 | 34.60 | 2.28 | 44,909.62 | 1.44 |
| NTPC | Power - Generation/Distribution | 208.10 | -2.65 | -1.26 | 171,588.11 | 5.50 |
| ONGC | Oil Drilling And Exploration | 1,379.05 | 19.20 | 1.41 | 294,961.22 | 9.45 |
| Reliance | Refineries | 1,072.15 | 18.25 | 1.73 | 350,825.05 | 11.24 |
| Reliance Comm | Telecommunications - Service | 186.65 | 0.55 | 0.30 | 38,525.06 | 1.23 |
| Reliance Infra | Power - Generation/Distribution | 1,096.90 | 19.30 | 1.79 | 26,859.82 | 0.86 |
| SBI | Banks - Public Sector | 3,304.90 | 73.10 | 2.26 | 209,860.53 | 6.73 |
| Sterlite Ind | Metals - Non Ferrous | 182.95 | 4.05 | 2.26 | 61,500.50 | 1.97 |
| Tata Motors | Auto - LCVs/HCVs | 1,176.30 | 19.60 | 1.69 | 71,881.96 | 2.30 |
| Tata Power | Power - Generation/Distribution | 1,433.15 | 20.25 | 1.43 | 34,009.69 | 1.09 |
| Tata Steel | Steel - Large | 638.05 | 5.10 | 0.81 | 56,621.20 | 1.81 |
| TCS | Computers - Software | 992.40 | 43.25 | 4.56 | 194,234.61 | 6.22 |
| Wipro | Computers - Software | 482.70 | 20.70 | 4.48 | 118,249.03 | 3.79 |
Indian Stock Indices all in green - up 485 pts
Stock purchasing by Foreign Institutional investors returned back in Indian stock markets backed by the news of fed regarding new stimulus for US economy revival. The higher opening of major European stock indices also boosted Indian stock markets towards the end of the day today.
The day saw large purchasing at Dalal street as the oldest Asian stock Exchange Bombay Stock Exchange closed on a positive note with all the sub indices closing well over 1 percent up.
The 30 component benchmark index Sensex closed finally at 20687.88 up by 484.54 points at EOD. The index touched a high of 20703.97 and low of 20211.66 during intraday trading today. Market breadth was positive on the BSE with 1928 advances against 1066 declines. Both Midcap index and Small cap index too closed up by over 1 percent today.
The same mood was prevelant at National Stock Exchange as was seen at closing of NIFTY today. The broader index Nifty closed at 6233.90, up by huge 143 points. The index touching the high of 6240.25 in trading hours today.
The sectoral indices of BSE were also in happy mood as all of them closed up, BSE IT Index closed up by almost 3.15 percent, BSE Capital Goods Index also gained 2.68 percent today and BSE Realty Index moved 2.51 percent higher.
Tuesday, October 12, 2010
Negative global cues pulls Indian stock markets down
Dalal Street saw heavy selling today towards the end with Bombay Stock Exchange eventually closing down at 20200 levels. Weak European markets cues and lower then expected IIP data also weakened investors confidence in global economic recovery, Profit booking was yet another factor for the lower closing witnessed at major Indian stock markets like Bombay Stock Exchange and National Stock Exchange.
It is also predicted that Reserve Bank of India (RBI) will hike both the reverse repo and repo rates by 25 bp in November starting. It looks surprising that what the Ip data shows about Indian economy, The 8.5 percent growth is sustainable and will be boosted by good monsoon this year.
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At EOD the 30 component Sensex closed at 20,203.34, down by 136.55 points. It touched high of 20,368.40 and low of 20,107.25 during intraday trading hours.
National Stock Exchange's broader index NIFTY closed down by 44.95 points and was at 6,090.90.
Most of the sectoral indices at Bombay Stock Exchange also closed lower as the overall market breadth was negative.
Sector waise performance for today:
BSE Midcap Index closed down by 0.51 percent, however BSE Smallcap Index ended almost flat today. BSE Realty Index fell by 1.80 percent at close today, BSE Capital Goods Index also closed lower by 1.58 percent and BSE Metals Index was down by 1.43 percent.
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