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Wednesday, November 10, 2010

BSE SENSEX just shy of 21000 levels



The benchmark 30 component index Bombay Stock Exchange's SENSEX closed again shy of 21K levels today but might touch the level in couple of days if FII's doesnot do any selling.

Checking the major sectors today it seems that Banking shares and shares of FMCG companies were worst hit as both the sectors led the losers list.

Rise in october automotive sales saw BSE's Auto index gaining over 1 percent today, whereas BSE FMCG Index closed down 1 percent, BSE Bankex Index also closed lower by 0.76 percent and so did BSE Capital Goods Index by losing 0.71 percent wrto previous day close.

Thus concluding today's activity of indian stock markets the Sensex closed at 20,875.71, down 56.77 points just 125 points shy of 21000 levels. And the broader index National Stock Exchange Nifty ended at 6275.70, down 25.85 points.

Friday, October 29, 2010

SENSEX | NIFTY in green as ICICI gains



Indian Stock Indices gained after opening lower today as ICICI bank showed 19 percent growth in profits. Stock prices of BHEL are also on rise today, Both BSE's SENSEX and NSE's NIFTY are trading up today with benchmark index up by over 100 points today.

Indian Stock Market top news for today



Indian Stock indices are following a downward trend today as both Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY is trading down.

Following are top news from Stock markets today:

1. SAIL shares down as results disappoint.
2. MSK Projects down on Sept quarter.
3. Atlas Copco shares rise over 8 pc on delisting plan.
4. ONGC Sept revenues are much lower than the expected.
5. Stock price of Tata Global Beverages down as consol lowers.
6. Elgi Equipments stock price up 8 percent.

Wednesday, October 27, 2010

SENSEX | NIFTy down by over .5 percent on choppy trading



Indian stock markets are witnessing selling in stocks of NTPC, LnT, Bharti and HDFC bank, Bombay Stock Exchange’s Sensex is down byover 100 points at time of posting and touched a low of 20135.12 and high of 20220.58 in intraday trading.

The National Stock Exchange's broader index NIFTY is also trading in red today as the global stock markets are looking uncertain.

However the BSE's MIdcap and small cap are up by a quarter percent as Indian investors are showing some purchasing, It is clear that the hold of Indian Retail Investors and Institutonal investors on SENSEX and NIFTY is ngligible as FII does majority of the selling or purchasing and selling whereas Indian investor is confined to Midcap and Small caps stocks.

Monday, October 25, 2010

Stock Pics of today



With SENSEX and Indian stock markets remaining lackluster today, here are the top 5 stock picsk for the day.

1. Bharti Airtel Ltd - buy - target 365
2. JSW Ltd - buy - target 2450
3. Essar Oil Ltd - buy - target 190
4. Raymond Ltd - buy - target 465
5. Bharti Shipyard Ltd - buy - targe 265

HAPPY TRADING !

BSE | NSE witnessing lackluster trading



Major Indian stock indices like Bombay Stock Exchange's SENSEX and National stock exchange's NIFTY are prsetly witnessing lackluster trading sessions today. Both 30 component SENSEX and broader index NIFTY are marginally down wit Banks, Information technology and Capital Goods stock bringing the key index in red.

Bombay Stock Exchange’s Sensex was at 20286.38, down 16.74 points. However the Midcap index was slightly up in intraday trading today.

National Stock Exchange's NIFTY is don by just 2.65 points and is currentlyat 6103 levels thua maintaining abov 6100 leves as o now.

 

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