Top 5 updates from BSE for today

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This post is for top 5 news which came from Bombay Stock Exchange today.

1. Hero Honda skids over 5% on JV termination news
2. Banking Stocks down by over 3 percent today.
3. Patni computer ltd gains 5% on news about promoters stake sale
4. RBI credit policy makes Indian Stock markets nervous
5. Indian oil shares rally on petrol price rise, Oil & Gas stocks up

SENSEX | NIFTY looks nervous about RBI meeting

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Today's close looks like Indian stocks markets are looking very nervous ahead of the Reserve bank of India's meet on credit policy. Realty and banking stocks closed in red as investors booked profits.

The 30 company Sensex closed at 19647.77, down 151.42 points today. The index touched low of 19571.43 in intraday trading. The broader index Nifty closed down by 51.80 points at 5,892.30.

Sectoral indices of Bombay Stock Exchange also had similar condition with Realty and Banking sectors dived the most today.

Sector wise performance of BSE today:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	9,873.78	87.67 (0.88%)
BSE-BANK.BO	BANKEX	12,722.65	417.51 (3.18%)
BSE-100.BO	BSE - 100	10,284.52	97.55 (0.94%)
BSE-200.BO	BSE - 200	2,443.20	25.05 (1.01%)
BSE-500.BO	BSE - 500	7,676.75	79.67 (1.03%)
BSE-CD.BO	BSE - CONS. DURABLES	6,059.42	147.97 (2.38%)
BSE-FMCG.BO	BSE - FMCG	3,540.31	26.78 (0.75%)
BSE-HC.BO	BSE - HEALTHCARE	6,537.16	95.74 (1.44%)
BSE-IT.BO	BSE - INFOTECH	6,398.67	96.48 (1.53%)
BSE-MIDCAP.BO	BSE Mid-Cap	7,543.39	107.88 (1.41%)
^BSESN	BSE SENSEX	19,647.77	151.42 (0.76%)
BSE-SMLCAP.BO	BSE Small-Cap	9,139.43	143.16 (1.54%)
BSE-TECK.BO	BSE TECk INDEX	3,816.53	48.01 (1.27%)
BSE-METAL.BO	METAL INDEX	16,404.09	184.33 (1.11%)
BSE-OILGAS.BO	OIL & GAS INDEX	10,647.96	9.77 (0.09%)

BSE to suspend trading of 12 companies for non compliance

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The management of the Bombay Stock exchange has decided to suspend stock trading for following 12 companies namely,Vishal Exports, Ambalal Sarabhai, Bafna Spinning Mills, CMM Broadcasting Network, Computech Intl, Enso Secutrack, Indage Restaurants, Indo-Pacific Software, Invicta Meditek, Linkhouse Industries, NetVision Web Tech and Orind Exports, have failed to comply with various provisions of the Listing Agreement up to quarter ended June, 2010,

Indian Stock Indices BSE | NSE today's report

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Major Indian stock indices like the Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's broader index NIFTY closed on a high note today. So in this post I'll give detailed report of the Indian stock markets today, sectoral indices performance of both Bombay Stock Exchange and National Stock Exchange.

The 30 companies which are part of benchmark SENSEX index were at following levels at closing today. The 30 share index closed at 19799.19 up by 107.41 points today.

Company Name	Industry	Last Price	Change	%Chg	Mkt Cap(Rs cr)	Weight
Bajaj Auto	Auto - 2 & 3 Wheelers	1,494.10	-3.40	-0.23	43,234.33	1.44
Bharti Airtel	Telecommunications - Service	335.15	3.20	0.96	127,274.22	4.23
BHEL	Engineering - Heavy	2,334.80	-5.40	-0.23	114,293.13	3.80
Cipla	Pharmaceuticals	358.55	2.50	0.70	28,788.75	0.96
DLF	Construction & Contracting - Real Estate	293.10	1.85	0.64	49,751.72	1.65
HDFC	Finance - Housing	690.75	-2.05	-0.30	101,078.28	3.36
HDFC Bank	Banks - Private Sector	2,236.10	-4.55	-0.20	103,572.92	3.44
Hero Honda	Auto - 2 & 3 Wheelers	1,713.85	-58.40	-3.30	34,223.44	1.14
Hindalco	Aluminium	224.70	3.20	1.44	42,996.66	1.43
HUL	Personal Care	297.90	-2.30	-0.77	65,011.31	2.16
ICICI Bank	Banks - Private Sector	1,118.85	0.30	0.03	128,760.61	4.28
Infosys	Computers - Software	3,151.05	2.55	0.08	180,881.20	6.01
ITC	Cigarettes	168.35	1.15	0.69	129,611.53	4.31
Jaiprakash Asso	Construction & Contracting - Civil	106.60	0.35	0.33	22,667.78	0.75
Jindal Steel	Steel - Sponge Iron	687.55	-9.85	-1.41	64,213.25	2.13
Larsen	Engineering - Heavy	1,997.35	29.15	1.48	121,399.93	4.03
Mah and Mah	Auto - Cars & Jeeps	757.60	-10.30	-1.34	44,933.92	1.49
Maruti Suzuki	Auto - Cars & Jeeps	1,413.55	-7.35	-0.52	40,838.88	1.36
NTPC	Power - Generation/Distribution	198.80	2.20	1.12	163,919.83	5.45
ONGC	Oil Drilling And Exploration	1,332.05	3.95	0.30	284,908.52	9.47
Reliance	Refineries	1,052.60	10.80	1.04	344,450.96	11.44
Reliance Comm	Telecommunications - Service	128.00	-0.65	-0.51	26,419.54	0.88
Reliance Infra	Power - Generation/Distribution	833.10	21.70	2.67	20,400.14	0.68
SBI	Banks - Public Sector	2,792.70	45.55	1.66	177,335.92	5.89
Sterlite Ind	Metals - Non Ferrous	170.65	5.70	3.46	57,365.73	1.91
Tata Motors	Auto - LCVs/HCVs	1,303.80	27.95	2.19	79,673.30	2.65
Tata Power	Power - Generation/Distribution	1,309.05	-1.95	-0.15	31,064.70	1.03
Tata Steel	Steel - Large	645.50	14.70	2.33	58,237.93	1.93
TCS	Computers - Software	1,080.45	5.55	0.52	211,467.94	7.03
Wipro	Computers - Software	453.10	4.70	1.05	111,100.12	3.69

Majority of the sub-indices of the Bombay Stock exchange also closed on higher note and the sectoral indices table of the BSE read as following at end of the day today:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	9,961.45	20.03 (0.20%)
BSE-BANK.BO	BANKEX	13,140.16	48.94 (0.37%)
BSE-100.BO	BSE - 100	10,382.07	66.07 (0.64%)
BSE-200.BO	BSE - 200	2,468.25	17.78 (0.73%)
BSE-500.BO	BSE - 500	7,756.42	61.91 (0.80%)
BSE-CD.BO	BSE - CONS. DURABLES	6,207.39	188.91 (3.14%)
BSE-FMCG.BO	BSE - FMCG	3,567.09	11.16 (0.31%)
BSE-HC.BO	BSE - HEALTHCARE	6,632.90	50.65 (0.77%)
BSE-IT.BO	BSE - INFOTECH	6,302.19	30.07 (0.48%)
BSE-MIDCAP.BO	BSE Mid-Cap	7,651.27	114.27 (1.52%)
^BSESN	BSE SENSEX	19,799.19	107.41 (0.55%)
BSE-SMLCAP.BO	BSE Small-Cap	9,282.59	147.94 (1.62%)
BSE-TECK.BO	BSE TECk INDEX	3,768.52	24.08 (0.64%)
BSE-METAL.BO	METAL INDEX	16,588.42	261.04 (1.60%)
BSE-OILGAS.BO	OIL & GAS INDEX	10,657.73	97.11 (0.92%)

National Stock Exchange’s Nifty closed at 5944.10, up 36.45 points. The broader index touched a high of 5953.95 during intraday trading.

Market breadth also remained positive on the BSE with 1988 advances against 946 just declines.

Stock tip for day:
1. Hero Honda stock price would gradually decline and it's high time to sell it now to lessen the losses.

BSE Sectoral indices daily analysis

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With major Indian stock indices closing up by nearly one percent, sectoral indices at Bombay Stock Exchange followed too, The 30 component SENSEX closed at 19691.71, Up by 182 points, The broader index National Stock Exchange's NIFTY also closed on a high note and was at 5907 up by over 50 points.

Sectorwise performance of the Bombay Stock Exchange was seen as follows for today:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	9,981.48 3:40PM	59.72 (0.60%)
BSE-BANK.BO	BANKEX	13,091.22 3:40PM	88.35 (0.68%)
BSE-100.BO	BSE - 100	10,316.00 3:40PM	102.68 (1.01%)
BSE-200.BO	BSE - 200	2,450.47 3:40PM	26.53 (1.09%)
BSE-500.BO	BSE - 500	7,694.51 3:40PM	89.34 (1.17%)
BSE-CD.BO	BSE - CONS. DURABLES	6,018.48 3:40PM	70.77 (1.19%)
BSE-FMCG.BO	BSE - FMCG	3,555.93 3:40PM	4.56 (0.13%)
BSE-HC.BO	BSE - HEALTHCARE	6,582.25 3:40PM	83.38 (1.28%)
BSE-IT.BO	BSE - INFOTECH	6,272.12 3:40PM	10.49 (0.17%)
BSE-MIDCAP.BO	BSE Mid-Cap	7,537.00 3:40PM	131.03 (1.77%)
^BSESN	BSE SENSEX	19,691.78 3:59PM	182.89 (0.94%)
BSE-SMLCAP.BO	BSE Small-Cap	9,134.65 3:40PM	183.35 (2.05%)
BSE-TECK.BO	BSE TECk INDEX	3,744.44 3:40PM	8.34 (0.22%)
BSE-METAL.BO	METAL INDEX	16,327.38 3:40PM	336.10 (2.10%)
BSE-OILGAS.BO	OIL & GAS INDEX	10,560.62 3:40PM	134.39 (1.29%)

3 best Stock Tips for day trading/traders

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I always like long term investment strategies and always back them, however many of the stock investors invest for short terms and many do day trading of stocks to earn fast buck, which may not give high percent returns but is surely fruitful if done with great acumen and with the correct stocks.

Day trading of stocks is a risky affair as it doesnot follow any basics of stock investing and is mainly done on gut feeling and risk taking abilities of the potential investors. There are several important tips which are very vital for doing day trading, Adding that Indian Stock markets are highly volatile so these stock tips for day trading become even more important to follow, so that the risk is minimised.

So here are the 3 day trading tips which a intraday trader must know for minimising the loss. These Intrady trading tips would surely help those who are yet to start with day trading or who is already a day trader.

1. Stop Price - The most important stock tip for day trading is that one must know the nearest resistance level of the stock on the lower side and should always use stop limit in such case, A stop will be triggered when the stock price goes below the stop price. It is basically you are defining a selling price at which the stocks would be sold thus saving your losses incase the stock price nosedives further. If you are not sure about the brought stock then the best option is to use Stop Price.

2. If you own a stock which has gone up sharply but with very less volume traded then you need to sell this stock as something is fishy in such case, the reason is that because only few people purchased but don't have reason and because of big move other persons(which already have the stock) will be interested in selling the stock after this big rise, that's why the stock will probably go down on selling hence you can be in losers list. If there is large volume traded for a stock, then go by the other investors and just follow what the other people having same stock are following.

3. Uptick rule for day trading - When you put a market order to sell a stock, you need an uptick to be executed. If this don't happen and the stock
continue to fall, and fall again and after 2% down an uptick occur, you will be executed at that price. With this you will either miss big moves because limit order or loose money because big slippage.