Archive of March, 2011
Thursday, March 31, 2011
During the Market:
03.41 pm.
Nifty closed at 5833 gaining 46 points over previous close, the
volatility was high. In the afternoon session some weakness crept in on
account of profit taking which brought the Nifty to a low of 5778, but
thereafter it recouped and managed to recover half of the early gains.
At close the Advance/Decline ratio stood at 33/17. The major gainers of
the day were INFOSYSTCH, RELIANCE, ITC, TCS & ONGC, while the top
losers were SBIN, AXISBANK, M&M, CIPLA & LT. This week saw a
steady flow of funds from FIIs and the covering of shorts kept up the
momentum of Nifty.
03.14 pm. Nifty has recovered some of the gains and is trading at 5845 and Advance/Decline ratio has also recouped to 38/12. The small investor should not worry about theses daily ups and downs and should abstain from day trading. They should have long term goals and should book profits as and when their goals are achieved.
02.50 pm. Nifty has become negative with profit taking just ahead of F&O settlement. Nifty is trading 5786 after touching a low of 5780. The Advance/Decline has come down to 20/30.
01.57 pm. Nifty has come off the high and is at 5799. Nifty made a high of 5870 but could not sustain. The Advance/Decline has also slumped to 24/25. The major gainers are INFOSYSTCH, ITC, TCS, LT & RELIANCE, while the major losers are SBIN, HDFCBANK, TATAMOTORS, AXISBANK & ICICIBANK. Banking stocks which were moving confidently have suddenly tumbled.
12.01 pm. Nifty at noon is touching 5850 and the Advance/Decline is also inching up to 37/13. Nifty is heating up with constant FII inflows, anytime the FII's run dry then Nifty may have problems. Although there is strong probability that Nifty may touch 6200 before moderating.
11.09 am. Nifty after consolidating in a range of 5820-5830 is now trading at 5834, although there seems no change in Advance/Decline ratio at 34/16. The major gainers are INFOSYSTCH, RELIANCE, ICICIBANK, TCS & LT, while the major losers are M&M, BHARTIARTL, TATAMOTORS, CIPLA & SBIN. Play extra cautious and don't invest in any stock based on market news or in stocks you have not made any study.
09.20 am. Nifty opened with a positive gap of 16 points over previous close at 5803. After making a high of 5825 its trading at 5817 with Advance/Decline at 36/13 with JINDALSTEL being flat. The major gainers are HDFC, ICICIBANK, RELIANCE, LT & TCS, while the major losers are BHARTIARTL, CIPLA, WIPRO, STER & KOTAKBANK. The sentiments continue to be upbeat.
03.14 pm. Nifty has recovered some of the gains and is trading at 5845 and Advance/Decline ratio has also recouped to 38/12. The small investor should not worry about theses daily ups and downs and should abstain from day trading. They should have long term goals and should book profits as and when their goals are achieved.
02.50 pm. Nifty has become negative with profit taking just ahead of F&O settlement. Nifty is trading 5786 after touching a low of 5780. The Advance/Decline has come down to 20/30.
01.57 pm. Nifty has come off the high and is at 5799. Nifty made a high of 5870 but could not sustain. The Advance/Decline has also slumped to 24/25. The major gainers are INFOSYSTCH, ITC, TCS, LT & RELIANCE, while the major losers are SBIN, HDFCBANK, TATAMOTORS, AXISBANK & ICICIBANK. Banking stocks which were moving confidently have suddenly tumbled.
12.01 pm. Nifty at noon is touching 5850 and the Advance/Decline is also inching up to 37/13. Nifty is heating up with constant FII inflows, anytime the FII's run dry then Nifty may have problems. Although there is strong probability that Nifty may touch 6200 before moderating.
11.09 am. Nifty after consolidating in a range of 5820-5830 is now trading at 5834, although there seems no change in Advance/Decline ratio at 34/16. The major gainers are INFOSYSTCH, RELIANCE, ICICIBANK, TCS & LT, while the major losers are M&M, BHARTIARTL, TATAMOTORS, CIPLA & SBIN. Play extra cautious and don't invest in any stock based on market news or in stocks you have not made any study.
09.20 am. Nifty opened with a positive gap of 16 points over previous close at 5803. After making a high of 5825 its trading at 5817 with Advance/Decline at 36/13 with JINDALSTEL being flat. The major gainers are HDFC, ICICIBANK, RELIANCE, LT & TCS, while the major losers are BHARTIARTL, CIPLA, WIPRO, STER & KOTAKBANK. The sentiments continue to be upbeat.
Pre-Market Analysis 08.30 am.
- Global cues are positive.
- Crude Oil is stable at
$ 104.32
per barrel.
- USD vs INR is at Rs.44.66, Rupee is getting stronger. (as the Indian Stock market will gain, Rupee will become stronger).
- Nifty: The opening may be gap up, trades may be with positive bias. Closing may be near the day's high.
- Expected High/Low 5960,5870/5750
- Wait & watch till your personal objectives of 20% + brokerage are met before profit booking.
Wednesday, March 30, 2011
During the Market:
12.20 pm.
Nifty is holding on to its early gains and is trading sideways. The
Advance/Decline ratio has slipped marginally to 42/8. Nifty has made a
high of 5800 and now is trading at 5791.
11.05 am. Nifty is trading in a range 5780-5795, while Advance/Decline ratio is maintained at 45/5. The global or national scenario has not changed, the issues of high crude price, slowing of economy, Japan crisis, etc remain the same then what is fueling the Nifty to rise consecutively & consistently ? The answer probably lies in the purchase by foreign funds.
09.44 am. Nifty opened firm with a gap up at 5755 and continued its stride to 5790, its currently trading at 5785 with Advance/Decline ratio poised at 45/5. The major gainers are LT, HDFC, ICICIBANK, TCS & RELIANCE, while the five stocks down are BHARTIARTL, BPCL, SIEMENS, IDFC & KOTAKBANK.
11.05 am. Nifty is trading in a range 5780-5795, while Advance/Decline ratio is maintained at 45/5. The global or national scenario has not changed, the issues of high crude price, slowing of economy, Japan crisis, etc remain the same then what is fueling the Nifty to rise consecutively & consistently ? The answer probably lies in the purchase by foreign funds.
09.44 am. Nifty opened firm with a gap up at 5755 and continued its stride to 5790, its currently trading at 5785 with Advance/Decline ratio poised at 45/5. The major gainers are LT, HDFC, ICICIBANK, TCS & RELIANCE, while the five stocks down are BHARTIARTL, BPCL, SIEMENS, IDFC & KOTAKBANK.
Pre-Market Analysis 08.30 am.
- Global cues are mixed with positive bias.
- Crude Oil has recovered to
$ 104.48
per barrel.
- USD vs INR is at Rs.44.715 (as the Indian Stock market will gain, Rupee will become stronger).
- Nifty: The opening may be flat, trades may be with positive bias. Closing expected to be near the day's high.
- Expected High/Low 5860,5780/5670
- Wait & watch till your personal objectives of 20% + brokerage are met before profit booking.
Tuesday, March 29, 2011
During the Market:
03.40 pm.
Nifty experienced some profit booking at the days high and closed by
slipping to 5736 with a gain of 49 points over previous close. The
Advance/Decline ratio at close was 31/19, with HDFC, INFOSYSTCH,
BHARTIARTL, AXISBANK & TCS leading the gainers, while the top losers
were BHEL, ICICIBANK, HDFC, GRASIM & RELIANCE.
03.03 pm. Nifty has come off its high of 5770 and has slipped to 5739, with Advance/Decline also slipping to 39/10. The major gainers are HDFC, BHARTIARTL, INFOSYSTCH, TCS & AXISBANK, while the major losers are BHEL, IDFC, ICICIBANK, GRASIM & RELIANCE. Some profit taking is taking place.
02.08 pm. Nifty is trading near the highs at 5757 with a very positive Advance/Decline ratio at 45/5, the top gainers are HDFC, LT, INFOSYSTCH, BHARTIARTL & TCS, while the marginal losers are GRASIM, IDFC, TATASTEEL, RANBAXY & GAIL. Nifty is moving from strength to strength and is showing great potential. Most of the sectors are participative. Since the positive crossover of MACD Nifty is gaining continuously since last few sessions. The buying is being witnessed mainly in large caps or Index-heavy stocks.
11.17 am. Nifty trading at a high of 5731, with Advance/Decline ratio climbing to 40/10. The major gainers are LT,HDFC, BHARTIARTL, SBIN & TCS, while the major losers are TATASTEEL, IDFC, GRASIM, RANBAXY & SAIL. Today the IT stocks are recovering after a small correction yesterday. Nifty is holding on its gains and is consolidating to test higher levels.
09.23 am. Nifty opened flat and initially dipped to a low of 5680 but has recouped and is now trading in the positive at 5701, with Advance/Decline ratio at 30/19 with NTPC being flat. The major gainers are BHARTIARTL, HDFC,ONGC, SBIN & TCS, while major losers are BHEL, TATAMOTORS, INFOSYSTCH, ICICIBANK & RELIANCE.
03.03 pm. Nifty has come off its high of 5770 and has slipped to 5739, with Advance/Decline also slipping to 39/10. The major gainers are HDFC, BHARTIARTL, INFOSYSTCH, TCS & AXISBANK, while the major losers are BHEL, IDFC, ICICIBANK, GRASIM & RELIANCE. Some profit taking is taking place.
02.08 pm. Nifty is trading near the highs at 5757 with a very positive Advance/Decline ratio at 45/5, the top gainers are HDFC, LT, INFOSYSTCH, BHARTIARTL & TCS, while the marginal losers are GRASIM, IDFC, TATASTEEL, RANBAXY & GAIL. Nifty is moving from strength to strength and is showing great potential. Most of the sectors are participative. Since the positive crossover of MACD Nifty is gaining continuously since last few sessions. The buying is being witnessed mainly in large caps or Index-heavy stocks.
11.17 am. Nifty trading at a high of 5731, with Advance/Decline ratio climbing to 40/10. The major gainers are LT,HDFC, BHARTIARTL, SBIN & TCS, while the major losers are TATASTEEL, IDFC, GRASIM, RANBAXY & SAIL. Today the IT stocks are recovering after a small correction yesterday. Nifty is holding on its gains and is consolidating to test higher levels.
09.23 am. Nifty opened flat and initially dipped to a low of 5680 but has recouped and is now trading in the positive at 5701, with Advance/Decline ratio at 30/19 with NTPC being flat. The major gainers are BHARTIARTL, HDFC,ONGC, SBIN & TCS, while major losers are BHEL, TATAMOTORS, INFOSYSTCH, ICICIBANK & RELIANCE.
Pre-Market Analysis 08.30 am.
- Global cues are negatively inclined.
- Crude Oil has reduced to
$ 103.71
per barrel, as Libyan protestors have regained control of oil producing province.
- USD vs INR is at Rs.44.855 per barrel (as the Indian Stock market will gain, Rupee will become stronger).
- Nifty: The opening may be flat, trades may be with positive bias. Closing expected to be 30-40 points positive.
- Expected High/Low 5760,5720/5670
- Wait & watch till your personal objectives of 20% + brokerage are met before profit booking.
- Build positions in Telecommunications stocks for long term profits.
Monday, March 28, 2011
During the Market:
03.40 pm.
Nifty recorded a gain of 33 points and closed at 5687. The market
breadth was not wide as Advance/Decline ratio was poised at 33/17. The
banking stocks were in the limelight with private banks in the lead,
while IT sector corrected. The major gainers were LT, TATAMOTORS,
HDFCBANK, ICICIBANK & SBIN, while the major losers were INFOSYSTCH,
SUNPHARMA, GAIL, JPASSOCIAT & STER. Telecommunication stocks are trying to catch up and in days to come may be back in action.
02.35 pm. Nifty is currently trading at 5696 with Advance/Decline at 35/15. The major gainers are LT, ICICIBANK, HDFCBANK, TATAMOTORS & SBIN, while the major losers are INFOSYSTCH, SUNPHARMA, GAIL, STER & JPASSOCIAT. The European Market has opened and is trading positive. Nifty is going strong and has touched a high of 5709. The sentiment is upbeat with increased buying by the foreign funds last week.
01.00 pm. Nifty has made a high of 5708 with Advance/Decline ratio at 35/15. The private banks are in the lead being led by ICICIBANK & HDFCBANK.
11.30 am. Nifty has stooped to touch the previous close at 5654 but may recover.
09.20 am. Nifty opened slightly soft at 5645 but rose to 5676 with Advance/Decline ratio at 32/18. The major gainers are LT, ITC, TATAMOTORS, RELIANCE & HDFCBANK, while the major losers are INFOSYSTCH, BHARTIARTL, SUNPHARMA, ICIICIBANK & STER. BHARTIARTL is down subsequent to Telecom Ministry's decision to recover dues for the year 2006-2007 & 2007-2008 arising out of under reporting of revenues.
02.35 pm. Nifty is currently trading at 5696 with Advance/Decline at 35/15. The major gainers are LT, ICICIBANK, HDFCBANK, TATAMOTORS & SBIN, while the major losers are INFOSYSTCH, SUNPHARMA, GAIL, STER & JPASSOCIAT. The European Market has opened and is trading positive. Nifty is going strong and has touched a high of 5709. The sentiment is upbeat with increased buying by the foreign funds last week.
01.00 pm. Nifty has made a high of 5708 with Advance/Decline ratio at 35/15. The private banks are in the lead being led by ICICIBANK & HDFCBANK.
11.30 am. Nifty has stooped to touch the previous close at 5654 but may recover.
09.20 am. Nifty opened slightly soft at 5645 but rose to 5676 with Advance/Decline ratio at 32/18. The major gainers are LT, ITC, TATAMOTORS, RELIANCE & HDFCBANK, while the major losers are INFOSYSTCH, BHARTIARTL, SUNPHARMA, ICIICIBANK & STER. BHARTIARTL is down subsequent to Telecom Ministry's decision to recover dues for the year 2006-2007 & 2007-2008 arising out of under reporting of revenues.
Pre-Market Analysis 08.30 am.
- Global cues are positively biased.
- Crude Oil has marginally changed at
$ 105.52
per barrel.
- USD vs INR is at Rs.44.70; (as the Indian Stock market will gain, Rupee will become stronger).
- Nifty: The MACD has a positive cross-over with good volumes, indicative of Nifty becoming more positive in sessions to come. The opening may be flat with range bound movement on both sides. Closing may be marginally positive.
- Expected High/Low 5720,5690/5610,5570
- Caution should be exercised with selectivity while dealing with stock specific profit booking. Fresh purchasing may be avoided. Wait & watch till your personal objectives of 20% + brokerage are met before profit booking.
- Hold & hoard GAIL, TATASTEEL, ACC, LT, NTPC for long term.
Friday, March 26, 2011
During the Market:
03.40 pm.
It was an excellent day for Nifty, not only it maintained the early
gains till afternoon and thereafter kept on a steady rise to touch a
high of 5667 for the session. Nifty closed at 5654 recording an
excellent gain of 131 points over previous close. Today's star
performers were Reality, IT and Private Banks. At close the
Advance/Decline Ratio was at 46/4. The major gainers were INFOSYSTCH,
ICICIBANK, RELIANCE, LT & HDFCBANK, while the four losers were
RANBAXY, GAIL, SIEMENS & SUZLON.
02.30 pm. Nifty has made a high of 5637 and is currently at 5627. The Advance/Decline ratio is at 45/5. Reality, IT and Private Banks are the major gainers.
02.10 pm. Nifty is well supported by the IT sector as the NASSCOM president Mr.Som Mittal has urged the government to extend the STPI (Softwares Technolgy Parks of India) scheme for another one year and is hopeful for the positive outcome. A Chinese Banking contract for TCS has also helped in lifting the sentiment. European market has opened and is trading positive.
01.31 pm. Although Nifty has crossed 5600 and is trading at 5610 before booking part profits just calculate that if you are getting 20% plus the brokerage only then sell out and that too around 10-15% of the holding, otherwise wait for the right opportunity till the above condition is met.
01.10 pm. Nifty has crossed 5590 and is currently trading at 5595 with Advance/Decline Ratio at 45/5. The major gainers are INFOSYSTCH, LT, ICICIBANK, RELIANCE & TCS, while the four stocks just marginally down are GAIL, CAIRN, RANBAXY, SIEMENS & CIPLA. Nifty is adding to its early morning gains.
11.56 am. Nifty is holding on its positiveness at 5574 and is trading in a very narrow range. The Advance/Decline ratio is fairly constant at 42/8.
10.30 am. Nifty is trading at 5572 with Advance/Decline at 41/8 and POWERGRID is flat. INFOSYSTCH, TCS, ICICIBANK, LT & ITC in the lead and top losers are GAIL, CAIRN, RANBAXY, IDFC & CIPLA. Nify is holding on to its some of the early gains and is moving sideways.
09.19 am. As the positive global cues Nifty opened at 5588 full 66 points positive gap-up. The Advance/Decline ratio is very affirmative at 48/2. The two stocks marginally down are BPCL & SIEMENS, while the major gainers are INFOSYSTCH, ICICIBANK, ITC, LT & RELIANCE. There can be bear attack towards the end of the session, so caution should be utmost. Book part profits if Nifty crosses 5600+.
02.30 pm. Nifty has made a high of 5637 and is currently at 5627. The Advance/Decline ratio is at 45/5. Reality, IT and Private Banks are the major gainers.
02.10 pm. Nifty is well supported by the IT sector as the NASSCOM president Mr.Som Mittal has urged the government to extend the STPI (Softwares Technolgy Parks of India) scheme for another one year and is hopeful for the positive outcome. A Chinese Banking contract for TCS has also helped in lifting the sentiment. European market has opened and is trading positive.
01.31 pm. Although Nifty has crossed 5600 and is trading at 5610 before booking part profits just calculate that if you are getting 20% plus the brokerage only then sell out and that too around 10-15% of the holding, otherwise wait for the right opportunity till the above condition is met.
01.10 pm. Nifty has crossed 5590 and is currently trading at 5595 with Advance/Decline Ratio at 45/5. The major gainers are INFOSYSTCH, LT, ICICIBANK, RELIANCE & TCS, while the four stocks just marginally down are GAIL, CAIRN, RANBAXY, SIEMENS & CIPLA. Nifty is adding to its early morning gains.
11.56 am. Nifty is holding on its positiveness at 5574 and is trading in a very narrow range. The Advance/Decline ratio is fairly constant at 42/8.
10.30 am. Nifty is trading at 5572 with Advance/Decline at 41/8 and POWERGRID is flat. INFOSYSTCH, TCS, ICICIBANK, LT & ITC in the lead and top losers are GAIL, CAIRN, RANBAXY, IDFC & CIPLA. Nify is holding on to its some of the early gains and is moving sideways.
09.19 am. As the positive global cues Nifty opened at 5588 full 66 points positive gap-up. The Advance/Decline ratio is very affirmative at 48/2. The two stocks marginally down are BPCL & SIEMENS, while the major gainers are INFOSYSTCH, ICICIBANK, ITC, LT & RELIANCE. There can be bear attack towards the end of the session, so caution should be utmost. Book part profits if Nifty crosses 5600+.
Pre-Market Analysis 08.30 am.
- Global cues are positive.
- Crude Oil has marginally changed at
$ 105.34
per barrel.
- USD vs INR is at Rs.44.645; as the Indian Stock market will gain, Rupee will become stronger.
- Nifty: may open moderately positive, and may continue the consolidating.
- Expected High/Low 5590,5550/5450
- Wait & watch till Nifty crosses 5600+ before registering profits, otherwise sit tight if there is any slippage.
Thursday, March 24, 2011
During the Market:
03.42 pm.
Today it was another day of consolidation for Nifty amidst sustained
buying backed by positive global cues. The Reality, Auto and Banks stole
the limelight while Oil & Gas sector exhibited marginal
weakness.Nifty ended at 5522 gaining 42 points over previous close. The
Advance/Decline ratio was 35/14 with RCOM being absolutely flat. The
major gainers were TCS, ICICIBANK, HINDALCO, LT & HDFCBANK, while
the major losers were RELIANCE, GAIL, DRREDDY, CAIRN & MARUTI.
UNITECH shares recorded a growth of 9.74% and ended at Rs.40.55.
Although reality sector seems bouncing back but a word of caution, this
may be the outcome of these stocks being upgraded by brokering houses.
The reality stocks can be a good bargain with a time frame of 4-8 weeks
if this growth is held on and is sustained.
01.22 pm. Nifty at 5503. Advance/Decline at 30/20. Action missing, trading in narrow range continues with negligible volatility.
12.20 pm. Nifty is trading at 5515, in a very narrow range of 5505-5525. The Advance/Decline ratio is at 35/14 with RELIANCE being flat. The major gainers are ICICIBANK, LT, TCS, BHEL & HINDALCO, while the top losers are GAIL, MARUTI, CAIRN, BAJAJAUTO & DRREDDY. Global cues are quite positive, the LIBYAN situation may turn out to be another IRAQ-like long term problem. These WAR FOR OIL may be a continuous process and there is no way out to prevent or deter this sort of hegemony.
10.42 am. Nifty after a positive start touched a high of 5528 but since then is trading in a narrow range. The best strategy today is to wait & watch, book part profits only when Nifty crosses 5600+ in few trading sessions.
01.22 pm. Nifty at 5503. Advance/Decline at 30/20. Action missing, trading in narrow range continues with negligible volatility.
12.20 pm. Nifty is trading at 5515, in a very narrow range of 5505-5525. The Advance/Decline ratio is at 35/14 with RELIANCE being flat. The major gainers are ICICIBANK, LT, TCS, BHEL & HINDALCO, while the top losers are GAIL, MARUTI, CAIRN, BAJAJAUTO & DRREDDY. Global cues are quite positive, the LIBYAN situation may turn out to be another IRAQ-like long term problem. These WAR FOR OIL may be a continuous process and there is no way out to prevent or deter this sort of hegemony.
10.42 am. Nifty after a positive start touched a high of 5528 but since then is trading in a narrow range. The best strategy today is to wait & watch, book part profits only when Nifty crosses 5600+ in few trading sessions.
Pre-Market Analysis 08.30 am.
- Global cues are mildly positive.
- Crude Oil is up at
$ 105.46
per barrel.
- USD vs INR is at Rs.44.835 because Indian Stock market gains.
- Nifty: may open positive as per global cues and may cling to early gains.
- Expected High/Low 5550/5450
- Wait & watch till Nifty crosses 5600+ before registering profits, otherwise sit tight if there is any slippage.
Wednesday, March 23, 2011
During the Market:
03.42 pm.
Nifty at close was positive and exhibited good buying. The Nifty
finally closed at 5480 with a net gain of 66 points over previous close.
The Advance/Decline at close was at 44/6. The top gainers of the day
were ICICIBANK, INFOSYSTCH, RELIANCE, ITC & BHEL, while the top
losers of the day were M&M, TCS, JINDALSTEL, SIEMENS &
BAJAJAUTO. Nifty was led by reality, banking & healthcare sectors.
TATACOMM shares were the out performers for the day and ended at Rs.
245.80 with a gain of 11.5 %, the surplus land has weighed positively
for them.
02.21 pm. Nifty is holding on to its early gains and is moving sideways in a narrow range around 5465. The Advance/Decline ratio also has been hovering around 40/9 with MARUTI being flat. The top gainers are ICICIBANK, INFOSYSTCH, RELIANCE, ITC & BHEL, while the top losers are M&M, TCS, CAIRN, RELCAPITAL & BAJAJAUTO. The European markets have opened and are trading marginally lower.
12.32 pm. Nifty is at its high at 5475, and the Advance/Decline ratio is firm at 42/8. The major gainers are ICICIBANK, INFOSYSTCH, RELIANCE, ITC & LT, while the top losers are M&M, TCS, JINDALSTEL, RELCAPITAL & MARUTI. The 5% tax on healthcare proposed in budget has been rolled back.
09.35 am. Nifty opened at 5411 and after touching a low of 5401, is now trading at 5429. The Advance/Decline ratio is poised at 37/13, with the major gainers being ICICIBANK, HDFCBANK, AXISBANK, KOTAKBANK, BHEL, while the major losers are TCS, M&M, ITC, MARUTI & TATAMOTORS.
02.21 pm. Nifty is holding on to its early gains and is moving sideways in a narrow range around 5465. The Advance/Decline ratio also has been hovering around 40/9 with MARUTI being flat. The top gainers are ICICIBANK, INFOSYSTCH, RELIANCE, ITC & BHEL, while the top losers are M&M, TCS, CAIRN, RELCAPITAL & BAJAJAUTO. The European markets have opened and are trading marginally lower.
12.32 pm. Nifty is at its high at 5475, and the Advance/Decline ratio is firm at 42/8. The major gainers are ICICIBANK, INFOSYSTCH, RELIANCE, ITC & LT, while the top losers are M&M, TCS, JINDALSTEL, RELCAPITAL & MARUTI. The 5% tax on healthcare proposed in budget has been rolled back.
09.35 am. Nifty opened at 5411 and after touching a low of 5401, is now trading at 5429. The Advance/Decline ratio is poised at 37/13, with the major gainers being ICICIBANK, HDFCBANK, AXISBANK, KOTAKBANK, BHEL, while the major losers are TCS, M&M, ITC, MARUTI & TATAMOTORS.
Pre-Market Analysis 08.30 am.
- Global cues are negative inclined.
- Crude Oil is at
$ 104
per barrel.
- USD vs INR is at Rs.44.97
- Nifty: may open lower as per global cues and may move sideways with low volatility.
- Expected High/Low 5450/5410,5390
- Wait & watch only.
Was unable to update due to sickness.(March,14-22)
Friday, March 11, 2011
During the Market:
04.47 pm.
Nifty has closed in red at 5445 losing 48 points over previous close.
Daylong it remained weak and mostly in red, the lowest point of the day
was 5411. The Advance/Decline ratio at close stood at 10/40, with
RELIANCE, ONGC, RANBAY, SUNPHARMA & HINDUNILVR being the major
gainers, while INFOSYSTCH, TCS, BHEL, TATASTEEL & ICICIBANK being
the major losers. NSE was apprehensive regarding crude oils
deteriorating Middle East condition, which may loom larger in days to
come. Markets recouped a bit in the last hour of the trade. Crude
oil prices have come down to $99.50 per barrel much to the relief of
markets amidst news that Saudi Arab's "Day of Rage" has fizzled out.
12.38 pm. Nifty has tanked to a low of 5423 and is trading at 5431. The Advance/Decline ratio is 6/44. The major gainers are ONGC, RANBAXY, HINDUNILVR, HEROHONDA & SIEMENS, while the major losers are HDFC, RELIANCE, TCS, INFOSYSTCH & ICICIBANK.
11.43 am. Better IIP numbers for January, 2011, has made an attempt to push the Nifty above previous close once again. Nifty made a high of 5502 but, again is back to square one as it is trading at 5459. Currently the Advance/Decline ratio is at 10/40, with major gainers being ONGC, ITC, HINDUNILVR, SUNPHARMA & RANBAXY, while the top losers are HDFC, INFOSYSTCH, TCS, BHEL & M&M.
10.23 am. Nifty rose steadily and firmly, and even crossed the previous close to come in positive at 5498, but again has slipped back into red. Its currently trading at 5479. The Advance/Decline ratio is positioned at 17/33, with ONGC, ICICIBANK, LT, ITC & RELIANCE being the major gainers while,INFOSYSTCH, HDFC, TCS, BHEL & TATASTEEL being the major losers. Around noon there can be some affirmations regarding Nifty's movement. Today, its not advisable to venture in this market.
09.36 am. Nifty has opened weak at 5456 as per the global fears for crude oil fueled by "RAGE-DAY" in Saudi Arabia slated for today. The news is there was firing at the protesters on yesterday evening. Today the Nifty's movement may synchronize with the developments taking place. If everything remains normal, Nifty can recover and may end positive. So, lot of caution is required in today's trades.Currently Nifty is trading in the negative area but is moving northwards. The Advance/Decline is at 21/29, with major gainers being LT, ITC, ONGC, SUNPHARMA & BHARTIARTL, while the major losers are INFOSYSTCH, HDFC, BHEL, TCS & M&M.
12.38 pm. Nifty has tanked to a low of 5423 and is trading at 5431. The Advance/Decline ratio is 6/44. The major gainers are ONGC, RANBAXY, HINDUNILVR, HEROHONDA & SIEMENS, while the major losers are HDFC, RELIANCE, TCS, INFOSYSTCH & ICICIBANK.
11.43 am. Better IIP numbers for January, 2011, has made an attempt to push the Nifty above previous close once again. Nifty made a high of 5502 but, again is back to square one as it is trading at 5459. Currently the Advance/Decline ratio is at 10/40, with major gainers being ONGC, ITC, HINDUNILVR, SUNPHARMA & RANBAXY, while the top losers are HDFC, INFOSYSTCH, TCS, BHEL & M&M.
10.23 am. Nifty rose steadily and firmly, and even crossed the previous close to come in positive at 5498, but again has slipped back into red. Its currently trading at 5479. The Advance/Decline ratio is positioned at 17/33, with ONGC, ICICIBANK, LT, ITC & RELIANCE being the major gainers while,INFOSYSTCH, HDFC, TCS, BHEL & TATASTEEL being the major losers. Around noon there can be some affirmations regarding Nifty's movement. Today, its not advisable to venture in this market.
09.36 am. Nifty has opened weak at 5456 as per the global fears for crude oil fueled by "RAGE-DAY" in Saudi Arabia slated for today. The news is there was firing at the protesters on yesterday evening. Today the Nifty's movement may synchronize with the developments taking place. If everything remains normal, Nifty can recover and may end positive. So, lot of caution is required in today's trades.Currently Nifty is trading in the negative area but is moving northwards. The Advance/Decline is at 21/29, with major gainers being LT, ITC, ONGC, SUNPHARMA & BHARTIARTL, while the major losers are INFOSYSTCH, HDFC, BHEL, TCS & M&M.
Pre-Market Analysis 08.30 am.
- Global cues are negative.
- Crude Oil has dropped to
$ 102.77
per barrel. Today is the "Rage Day" in Saudi Arab and if violence erupts it may send crude prices shooting up.
- USD vs INR has gained to Rs.45.225
- Nifty: may open lower as per global cues and will be depending very heavily on the news from Saudi Arab. The close may be near the lows.
- Expected High/Low 5550,5510/5410,5350,5250.
- Wait & watch only.
Thursday, March 10, 2011
During the Market:
03.49 pm.
Nifty ended in red after daylong range bound and lackluster trading at
5494 with a loss of 36 points over previous close. The Advance/Decline
ratio at close was 21/29. The major gainers of the day were ONGC,
RELCAPITAL, WIPRO, BHEL & DLF, while the major losers were
ICICIBANK, RELCAPITAL, TATASTEEL, SBIN & TCS. All the Asian markets
ended in red and the European markets were also trading in red. The
crisis of crude oil is looming large.
02.39 pm. It appears as Nifty has glued to the level of 5485 it has been trading in a very narrow range since the morning. Although, Advance/Decline ratio stands now at 20/30. The major gainers are RELCAPITAL, BHEL, HEROHONDA, ONGC & WIPRO, while the major losers are ICICIBANK, RELIANCE, TATASTEEL, SBIN & LT.
12.05 pm. The trading in Nifty lackluster and boringly range bound in the negative arena since morning. Nifty complacently at 5487 and Advance/Decline ratio is also clumsily placed at 15/34 with now TATAMOTORS being flat.
11.31 am. Nifty is lulling around 5485 gathering steam to gain the lost ground. The Advance/Decline ratio has at 14/35 with CAIRN being flat. Most of the sectors are in red excepting Auto sector. Saudi Arab is facing increased pressure from Shiite population over reforms, the leaders are apprehensive that it may not transform to revolt. The coming Friday, March 11, is the "rage day", demonstrations are planned in Saudi Arab. This can lead to skyrocketing the crude oil price. If police uses force its very likely to backfire as more than 80% households have arms.
10.39 am. Reality and Telecommunication sectors have underperformed for quite some time and offer good opportunity for long term investment. The oil sector is risky as the situation in Libya is getting closer to war/ international intervention. The Nifty is trading cautiously at 5489 level with advance/Decline at 10/39 with ONGC being flat. The major gainers at this moment are RELCAPITAL, IDFC, RELINFRA, SAIL & ACC, while the major losers currently are ICICIBANK, INFOSYSTCH, SBIN, LT & TCS. Nifty may recover towards the afternoon session. The government is considering disinvestment as a measure to reduce the deficit of Budget in Public sector companies. This disinvestment is currently postponed to the the month of April, 2011.
09.48 am. Nifty is moving in a narrow range of 5480-5495, in negative territory. The Advance/Decline ratio is poised at 8/42, the major gainers are IDFC, RELCAPITAL, RELINFRA, ACC & RCOM, while the top losers are ICICIBANK, INFOSYSTCH, RELIANCE, SBIN & TCS.
09.23 am. Nifty has opened soft as per global cues at 5516 and is trading at 5493 after making a low at 5484. The Advance/Decline ratio is at 8/42 with the major gainers being TATAMOTORS, IDFC, CAIRN, RELCAPITAL & RELINFRA, while the major losers are ICICIBANK, ITC, TCS, RELIANCE & INFOSYSTCH. Nifty may improve as the session progresses.
02.39 pm. It appears as Nifty has glued to the level of 5485 it has been trading in a very narrow range since the morning. Although, Advance/Decline ratio stands now at 20/30. The major gainers are RELCAPITAL, BHEL, HEROHONDA, ONGC & WIPRO, while the major losers are ICICIBANK, RELIANCE, TATASTEEL, SBIN & LT.
12.05 pm. The trading in Nifty lackluster and boringly range bound in the negative arena since morning. Nifty complacently at 5487 and Advance/Decline ratio is also clumsily placed at 15/34 with now TATAMOTORS being flat.
11.31 am. Nifty is lulling around 5485 gathering steam to gain the lost ground. The Advance/Decline ratio has at 14/35 with CAIRN being flat. Most of the sectors are in red excepting Auto sector. Saudi Arab is facing increased pressure from Shiite population over reforms, the leaders are apprehensive that it may not transform to revolt. The coming Friday, March 11, is the "rage day", demonstrations are planned in Saudi Arab. This can lead to skyrocketing the crude oil price. If police uses force its very likely to backfire as more than 80% households have arms.
10.39 am. Reality and Telecommunication sectors have underperformed for quite some time and offer good opportunity for long term investment. The oil sector is risky as the situation in Libya is getting closer to war/ international intervention. The Nifty is trading cautiously at 5489 level with advance/Decline at 10/39 with ONGC being flat. The major gainers at this moment are RELCAPITAL, IDFC, RELINFRA, SAIL & ACC, while the major losers currently are ICICIBANK, INFOSYSTCH, SBIN, LT & TCS. Nifty may recover towards the afternoon session. The government is considering disinvestment as a measure to reduce the deficit of Budget in Public sector companies. This disinvestment is currently postponed to the the month of April, 2011.
09.48 am. Nifty is moving in a narrow range of 5480-5495, in negative territory. The Advance/Decline ratio is poised at 8/42, the major gainers are IDFC, RELCAPITAL, RELINFRA, ACC & RCOM, while the top losers are ICICIBANK, INFOSYSTCH, RELIANCE, SBIN & TCS.
09.23 am. Nifty has opened soft as per global cues at 5516 and is trading at 5493 after making a low at 5484. The Advance/Decline ratio is at 8/42 with the major gainers being TATAMOTORS, IDFC, CAIRN, RELCAPITAL & RELINFRA, while the major losers are ICICIBANK, ITC, TCS, RELIANCE & INFOSYSTCH. Nifty may improve as the session progresses.
Pre-Market Analysis 08.30 am.
- Global cues are negative.
- Crude Oil has marginally changed to
$ 104.60
per barrel.
- USD vs INR has slipped to Rs.44.975
- Nifty: Opening could be marginally higher. Volatility may be high, Nifty may make a high around 5600+. The close may be near the lows.
- Expected High/Low 5620,5590/ 5510,5490.
- Wait & watch. Book partial profits above 5620.
Wednesday, March 09, 2011
During the Market:
03.43 pm.
Nifty closed flat after a choppy session at 5531. The high point of the
day was 5563 and a low of 5477. The Advance/Decline ratio at close was
29/21, the major gainers being ICICIBANK, RELIANCE, RCOM, TCS &
BAJAJAUTO, while the major losers were INFOSYSTCH, CAIRN, SBIN,
SUNPHARMA & HDFC. In the last half an hour the selling pressure
intensified resulting in Nifty loosing all the gains and ending flat.
01.11 pm. Oil Ministry has negated the news that it is considering the oil price regulation. Nifty has again forayed into the positive territory and has come up to a level of 5534. Its a quite volatile session. The Advance/Decline ratio has improved to 27/22. The major gainers are RELIANCE, ICICIBANK, TCS, HDFCBANK & KOTAKBANK, while the major losers are INFOSYSTCH, ITC, HDFC, SUNPHARMA & CAIRN. It seems that the NSE may close around 5550.
11.43 am. Nifty is currently trading at 5497 after dipping to a low of 5477. The news of Oil Prices being considered for regulation has taken its toll.
11.11 am. Nifty has drifted to a low of 5494 and the Advance/Decline ratio has become negative at 17/33. The major gainers are ICICIBANK, KOTAKBANK, TCS, MARUTI & HINDALCO, while the top losers are RELIANCE, INFOSYSTCH, ONGC, HDFC & TATASTEEL. This slippage is attributed to the news of regulation of oil price by the Government, plus profit taking in several stocks.
09.50 am. Nifty is losing its early gains and is expected to come down below the previous close around 5500. Advance/Decline ratio has also slipped to 32/18.
09.21 am. Nifty has opened with a 22 point plus positive gap at 5542 and has touched a high of 5563, its currently trading at 5551. The Advance/Decline ratio is poised at 43/7, the top gainers being ICICIBANK, LT, HDFCBANK, ITC & TCS,, while the top losers are CAIRN, INFOSYSTCH, HEROHONDA, JINDALSTEL & STER. Positive global cues and easing of crude oil price, with lesser worry of UPA government's stability is helping the positive sentiment.
01.11 pm. Oil Ministry has negated the news that it is considering the oil price regulation. Nifty has again forayed into the positive territory and has come up to a level of 5534. Its a quite volatile session. The Advance/Decline ratio has improved to 27/22. The major gainers are RELIANCE, ICICIBANK, TCS, HDFCBANK & KOTAKBANK, while the major losers are INFOSYSTCH, ITC, HDFC, SUNPHARMA & CAIRN. It seems that the NSE may close around 5550.
11.43 am. Nifty is currently trading at 5497 after dipping to a low of 5477. The news of Oil Prices being considered for regulation has taken its toll.
11.11 am. Nifty has drifted to a low of 5494 and the Advance/Decline ratio has become negative at 17/33. The major gainers are ICICIBANK, KOTAKBANK, TCS, MARUTI & HINDALCO, while the top losers are RELIANCE, INFOSYSTCH, ONGC, HDFC & TATASTEEL. This slippage is attributed to the news of regulation of oil price by the Government, plus profit taking in several stocks.
09.50 am. Nifty is losing its early gains and is expected to come down below the previous close around 5500. Advance/Decline ratio has also slipped to 32/18.
- UPA and DMK have reached a compromise thereby diffusing the stability crisis.
09.21 am. Nifty has opened with a 22 point plus positive gap at 5542 and has touched a high of 5563, its currently trading at 5551. The Advance/Decline ratio is poised at 43/7, the top gainers being ICICIBANK, LT, HDFCBANK, ITC & TCS,, while the top losers are CAIRN, INFOSYSTCH, HEROHONDA, JINDALSTEL & STER. Positive global cues and easing of crude oil price, with lesser worry of UPA government's stability is helping the positive sentiment.
Pre-Market Analysis 08.30 am.
- Global cues are mildly Positive.
- Crude Oil has dropped to
$ 104.63
per barrel.
- USD vs INR is moving around Rs.45.017
- Nifty to open flattish and may improve marginally.
- Expected High/Low 5620,5590/ 5510,5490.
- Wait & watch. Book partial profits above 5620.
Tuesday, March 08, 2011
During the Market:03.41 pm.
Nifty has closed near the day's high at 5521 with a gain of 50 points.
The market responded positively to the news of DMK ( one of the allies
of UPA Government) for deferring to call back its support. The
Advance/Decline ratio at close was 39/11, with the major gainers being
INFOSYSTCH, RELIANCE, BHARTIARTL, ICICIBANK & TATAMOTORS, while the
major losers were ITC, LT, CAIRN, HEROHONDA & DRREDDY. Buying was
seen in IT & Banking sectors.
02.58 pm. Nifty has moved up to make a high of 5530 and the Advance/Decline ratio is at 39/11.
02.17 pm. Nifty has spent fairly a good time in a narrow range of 5496-5525. The Advance/Decline ratio is at 38/12, with the major gainers being INFOSYSTCH, RELIANCE, BHARTIARTL, TATAMOTORS & HDFCBANK, while the top losers are LT, ITC, HEROHONDA, CAIRN & GAIL. The uncertainty of the UPA government is put on the back-burner as the ally DMK has postponed the calling away of its members. There is growing pressure on international community to declare a no-fly-zone over Libya. The Libyan crisis seems fine tuning for an Iraq like intervention. The European market is trading in the green after a soft positive opening.
12.03 pm. Nifty is moving horizontally in a narrow range.
10.43 am. NSE after making a high of 5526 is now trading at 5505 and is trying hard to maintain its position. The Advance/Decline ratio now stands at 43/7, with RELIANCE, INFOSYSTCH, HDFC, HDFCBANK & TATAMOTORS as major gainers, while CAIRN, HEROHONDA, DRREDDY, GAIL & MARUTI are the major losers.
09.45 am. NSE has made a high of 5526 and appears positive at this hour. The Advance/Decline ratio is at 46/3 while HINDALCO is flat. The major gainers at this hour are RELIANCE, HDFCBANK, INFOSYSTCH, LT & HDFC, while the three losers are CAIRN, RPOWER & DRREDDY..
09.22 am. NSE has opened with a positive gap at 5466 and has made a high of 5494. The Advance/Decline ratio is very optimistic at 41/8 with INFOSYSTCH being flat. The major gainers are RELIANCE, LT, ICICIBANK, TATAMOTORS & SBIN, while the major losers are ITC, HINDALCO, NTPC, CAIRN & RPOWER.
02.58 pm. Nifty has moved up to make a high of 5530 and the Advance/Decline ratio is at 39/11.
02.17 pm. Nifty has spent fairly a good time in a narrow range of 5496-5525. The Advance/Decline ratio is at 38/12, with the major gainers being INFOSYSTCH, RELIANCE, BHARTIARTL, TATAMOTORS & HDFCBANK, while the top losers are LT, ITC, HEROHONDA, CAIRN & GAIL. The uncertainty of the UPA government is put on the back-burner as the ally DMK has postponed the calling away of its members. There is growing pressure on international community to declare a no-fly-zone over Libya. The Libyan crisis seems fine tuning for an Iraq like intervention. The European market is trading in the green after a soft positive opening.
12.03 pm. Nifty is moving horizontally in a narrow range.
10.43 am. NSE after making a high of 5526 is now trading at 5505 and is trying hard to maintain its position. The Advance/Decline ratio now stands at 43/7, with RELIANCE, INFOSYSTCH, HDFC, HDFCBANK & TATAMOTORS as major gainers, while CAIRN, HEROHONDA, DRREDDY, GAIL & MARUTI are the major losers.
09.45 am. NSE has made a high of 5526 and appears positive at this hour. The Advance/Decline ratio is at 46/3 while HINDALCO is flat. The major gainers at this hour are RELIANCE, HDFCBANK, INFOSYSTCH, LT & HDFC, while the three losers are CAIRN, RPOWER & DRREDDY..
09.22 am. NSE has opened with a positive gap at 5466 and has made a high of 5494. The Advance/Decline ratio is very optimistic at 41/8 with INFOSYSTCH being flat. The major gainers are RELIANCE, LT, ICICIBANK, TATAMOTORS & SBIN, while the major losers are ITC, HINDALCO, NTPC, CAIRN & RPOWER.
Pre-Market Analysis 08.30 am.
- Global cues are Negatively inclined.
- Crude Oil has jumped to
$ 105.06
per barrel. Crude oil situation continues to be grim.
- USD vs INR has improved to Rs.45.095
- Nifty to open with a positive gap and the closing may be near the highs.
- Expected High/Low 5570,5490/ 5450,5410.
- Wait & watch. Buy selectively a day's low.
Monday, March 07, 2011
During the Market:
03.41 pm.
NSE has closed at 5463 with a loss of 75 points over previous close,
after making a day's low at 5408. At close the Advance/Decline ratio
stood at 9/41. The major gainers were DRREDDY, WIPRO, CAIRN, TATAPOWER
& NTPC, while the major losers were LT, SBIN, HDFC, TATAMOTORS &
HDFCBANK. The growing uncertainties of Government, crude oil crisis and
selling by funds pulled the NSE down.
03.16 pm. Nifty made an effort and reached to 5483 but again fizzled out and is now trading at 5467. The high prices of crude are going to hit China & India's growth objectives very seriously and there are no signs yet of Libyan situation improving.
02.41 pm. Nifty is making efforts to retrieve the lost ground and has regained from a low of 5408 to 5479. The Advance/Decline ratio stands at 9/40 with AMBUJACEM being flat. The major gainers are ITC, DRREDDY, CAIRN, WIPRO & NTPC, while the major losers are LT, SBIN, HDFC, TATAMOTORS & HDFCBANK. European markets after opening in the red have also narrowed closer to previous close.
11.49 am. Nifty is weak at 5437 and is trading in a range of 5430-5450. The recovery may start in the late session. A dull day ahead, the Advance/Decline ratio is at 5/45 with CAIRN, HEROHONDA, CIPLA, RPOWER & SIEMENS in the green, while the major losers are LT, RELIANCE, HDFC, SBIN & ICICIBANK.
10.30 am. Nifty has made a low of 5436 and is currently at 5451 with Advance/Decline at 2/48. The two marginal gainers are CAIRN & INFOSYSTCH, while the major losers are RELIANCE, SBIN, LT, HDFCBANK & ICICIBANK. Selling spree by funds is pulling the NSE down amidst prevailing uncertainty in political arena of UPA government.
09.25 am. Nifty has opened soft as per global cues at 5490 and is trading weak at 5464. Nifty has touched a low of 5458. The Advance/Decline ratio is dismally placed at 1/49. The lone gainer is CAIRN, while the major losers are LT, RELIANCE, ICICIBANK, HDFC & HDFCBANK. Adding to the market woes besides crude oil is liquidity crunch because of increase in bank deposits which are giving higher interest rates. To contain inflation the money supply position is being reduced. Further the political uncertainty is impeding the sentiment. All said and done the long term view remains positive and healthy for Indian markets.
03.16 pm. Nifty made an effort and reached to 5483 but again fizzled out and is now trading at 5467. The high prices of crude are going to hit China & India's growth objectives very seriously and there are no signs yet of Libyan situation improving.
02.41 pm. Nifty is making efforts to retrieve the lost ground and has regained from a low of 5408 to 5479. The Advance/Decline ratio stands at 9/40 with AMBUJACEM being flat. The major gainers are ITC, DRREDDY, CAIRN, WIPRO & NTPC, while the major losers are LT, SBIN, HDFC, TATAMOTORS & HDFCBANK. European markets after opening in the red have also narrowed closer to previous close.
11.49 am. Nifty is weak at 5437 and is trading in a range of 5430-5450. The recovery may start in the late session. A dull day ahead, the Advance/Decline ratio is at 5/45 with CAIRN, HEROHONDA, CIPLA, RPOWER & SIEMENS in the green, while the major losers are LT, RELIANCE, HDFC, SBIN & ICICIBANK.
10.30 am. Nifty has made a low of 5436 and is currently at 5451 with Advance/Decline at 2/48. The two marginal gainers are CAIRN & INFOSYSTCH, while the major losers are RELIANCE, SBIN, LT, HDFCBANK & ICICIBANK. Selling spree by funds is pulling the NSE down amidst prevailing uncertainty in political arena of UPA government.
- The Realty stocks are at the rock-bottom price and may be a good buy for only long term (2-4years)
09.25 am. Nifty has opened soft as per global cues at 5490 and is trading weak at 5464. Nifty has touched a low of 5458. The Advance/Decline ratio is dismally placed at 1/49. The lone gainer is CAIRN, while the major losers are LT, RELIANCE, ICICIBANK, HDFC & HDFCBANK. Adding to the market woes besides crude oil is liquidity crunch because of increase in bank deposits which are giving higher interest rates. To contain inflation the money supply position is being reduced. Further the political uncertainty is impeding the sentiment. All said and done the long term view remains positive and healthy for Indian markets.
Pre-Market Analysis 08.30 am.
- Global cues are Negative.
- Crude Oil has jumped to
$ 104.91
per barrel. Crude oil situation is piquant.
- USD vs INR has improved to Rs.45.075
- Nifty may trade sideways after opening soft. The closing may be marginally positive. Volatility is expected to be moderate.
- Expected High/Low 5590,5550/ 5500,5490.
- Wait & watch. Breakout above 5600 expected after few sessions.
Friday, March 04, 2011
During the Market:
03.41 pm.
Nifty has closed flat losing all the morning gains due to profit taking
and amidst fears of crude oil crisis. Nifty closed at 5538 after making
a high of 5608 in the early trades. The Advance/Decline ratio at close
was 24/24 with TATAMOTORS & DLF remaining absolute flat. The major
gainers were INFOSYSTCH, HDFC, HDFCBANK, RELIANCE & SBIN, while the
major losers of the session were LT, TCS, BHEL, ITC & TATASTEEL. Lot
of volatility was seen but the good side is Nifty closed nearly flat
denoting the market acceptability /expectations.
03.04 pm. Nifty is seeing selling pressure because of profit-taking. The Nifty is currently down below the previous close at 5526 after touching a low of 5524. The Advance/Decline ratio is at 22/28, the major gainers remaining INFOSYSTCH, HDFC, HDFCBANK, RELIANCE & SBIN, while the major losers also remain the same led by LT, TCS, BHEL, ITC & TATASTEEL. Its turning out to be a flat close.
02.31 pm. Nifty is at 5562 after dipping to a low of 5532. Advance/Decline has also risen to 32/18 and looks promising for a better close. The major gainers are INFOSYSTCH, HDFC, RELIANCE, HDFCBANK & SBIN, while the major losers are LT, TCS, BHEL, ITC & TATASTEEL.
01.51 pm. Nifty has become flattish by touching the previous close at 5536 and currently trading at 5541. The worries of crude oil and inflation seems haunting the sentiment at this hour. The Advance/Decline ratio is also flat at 25/25. Power sector is leading with RPOWER & TATAPOWER in the lead, ABB is up by 8%.
01.04 pm. Nifty has made a low of 5544 but is making efforts to recoup at 5564. The Advance/Decline is at 30/20, with RELIANCE, INFOSYSTCH, HDFC, HDFCBANK & ICICIBANK being the major gainers and LT, ITC, JPASSOCIAT, HINDUNILVR & TATASTEEL being the major losers. The slowing of FDI (Foreign Direct Investment) is spurring the Government to change the policy and make it more conducive.
10.24 am. Nifty is weaning at 5574 after a very positive start , it has made a low at 5561, but its still in the positive domain. The Advance/Decline ratio has slipped to 35/15, the major gainers are INFOSYSTCH, HDFC, RELIANCE, ICICIBANK & HDFCBANK, while the major losers are LT, BHARTIARTL, CAIRN, ONGC & RANBAXY.
09.32 am. Nifty has opened with a positive gap at 5586 and has made a high of 5608. Advance/Decline ratio is comfortably and strongly poised at 43/7. The major gainers are INFOSYSTCH, ICICIBANK, HDFC, RELIANCE & HDFCBANK, while the major losers are BHARTIARTL, ITC, ONGC, SIEMENS & POWERGRID. Warren Edward Buffet, the American investor's company Berkshire Hathaway, will directly market insurance products of Bajaj Allianz. His US operations are done very successfully mainly through net and telephone calls. Libyan oil is the main contesting point and the situation seems orchestrated the same way as in Iraq.
03.04 pm. Nifty is seeing selling pressure because of profit-taking. The Nifty is currently down below the previous close at 5526 after touching a low of 5524. The Advance/Decline ratio is at 22/28, the major gainers remaining INFOSYSTCH, HDFC, HDFCBANK, RELIANCE & SBIN, while the major losers also remain the same led by LT, TCS, BHEL, ITC & TATASTEEL. Its turning out to be a flat close.
02.31 pm. Nifty is at 5562 after dipping to a low of 5532. Advance/Decline has also risen to 32/18 and looks promising for a better close. The major gainers are INFOSYSTCH, HDFC, RELIANCE, HDFCBANK & SBIN, while the major losers are LT, TCS, BHEL, ITC & TATASTEEL.
01.51 pm. Nifty has become flattish by touching the previous close at 5536 and currently trading at 5541. The worries of crude oil and inflation seems haunting the sentiment at this hour. The Advance/Decline ratio is also flat at 25/25. Power sector is leading with RPOWER & TATAPOWER in the lead, ABB is up by 8%.
01.04 pm. Nifty has made a low of 5544 but is making efforts to recoup at 5564. The Advance/Decline is at 30/20, with RELIANCE, INFOSYSTCH, HDFC, HDFCBANK & ICICIBANK being the major gainers and LT, ITC, JPASSOCIAT, HINDUNILVR & TATASTEEL being the major losers. The slowing of FDI (Foreign Direct Investment) is spurring the Government to change the policy and make it more conducive.
10.24 am. Nifty is weaning at 5574 after a very positive start , it has made a low at 5561, but its still in the positive domain. The Advance/Decline ratio has slipped to 35/15, the major gainers are INFOSYSTCH, HDFC, RELIANCE, ICICIBANK & HDFCBANK, while the major losers are LT, BHARTIARTL, CAIRN, ONGC & RANBAXY.
09.32 am. Nifty has opened with a positive gap at 5586 and has made a high of 5608. Advance/Decline ratio is comfortably and strongly poised at 43/7. The major gainers are INFOSYSTCH, ICICIBANK, HDFC, RELIANCE & HDFCBANK, while the major losers are BHARTIARTL, ITC, ONGC, SIEMENS & POWERGRID. Warren Edward Buffet, the American investor's company Berkshire Hathaway, will directly market insurance products of Bajaj Allianz. His US operations are done very successfully mainly through net and telephone calls. Libyan oil is the main contesting point and the situation seems orchestrated the same way as in Iraq.
Pre-Market Analysis 08.30 am.
- Global cues are positive.
- Crude Oil is unchanged at
$ 102.01
per barrel. A worrisome situation, if Diesel prices are deregulated then inflation will bite. US
& France has rejected proposal for international peace commission
for mediating Libyan crisis offered by Venezuelan President Chavez. US
& France want Col. Gaddafi to go.
- USD vs INR is stable at Rs.44.955.
- Nifty may open with a positive gap and may close near the opening after daylong volatility.
- Expected High/Low 5635,5590/ 5500,5470.
- Book some profits if Nifty goes above 5600.
Thursday, March 03, 2011
During the Market:
03.40 pm.
Nifty has finally closed with marginal gains at 5536 with a meager gain
of 13 points over previous close. The Advance/Decline ratio at close
was 27/23. The major stocks in green were LT, HDFC, HDFCBANK, TATAMOTORS
and TCS, while the major stocks in red were INFOSYSTCH, RELIANCE,
ICICIBANK, BHARTIARTL and TATASTEEL. The news of Banking Amendment Bill
is approved by cabinet and now will be placed before the parliament,
which was the cause for so much up & downs in banking sector. The
disturbing news is that in Libya air-strikes have started amidst
planning for peace-negotiations.
03.06 pm. Nifty trading at 5527 with Advance/Decline ratio at 28/22. The major gainers are HDFC, LT, HDFCBANK, TATAMOTORS & TCS, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, BHARTIARTL & SBIN. The wholesale price index of India for food fell by 1.6% to 179.5 points for the week ending 19th. February, 2011.
02.02 pm. After remaining in positive zone for sometime Nifty has reversed back to negative territory and is now at 5489. The Advance/Decline ratio has also come down to 22/28. The major gainers are HDFC, HDFCBANK, LT, TATAPOWER & BHEL, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, BHRTIARTL & SBIN. The European market has opened positive but Nifty has sunken again.
12.48 pm. Nifty has climbed over to positive territory and gas scaled a high of 5570 and is currently trading at 5535. The Nifty has come in green as there is news of Libya agreeing to peace plan. The Advance/Decline ratio has also tilted in the positive at 29/21. The major gainers are HDFC, LT, HDFCBANK, TCS & TATAPOWER, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, TATASTEEL & IDFC.
11.16 am. Nifty is currently trading in the negative territory at 5492 with Advance/Decline ratio also negative at 23/27. Not much action expected today.
10.23 am. Nifty has peaked to 5520 but fell down to 5468, its currently struggling at 5475. The Advance/Decline ratio is also weakly poised at 17/33. Themajor gainers are HDFC, HDFCBANK, TATAPOWER, CAIRN & HINDUNILVR, while the major losers are INFOSYSTCH, ICICIBANK, RELIANCE, SBIN & LT. After the two very good days post-budget, Nifty appears to be consolidating its gains.
09.20 am. Nifty has opened weak at 5478 and has made a high of 5497, being the effect of spurt in crude oil. Currently its trading timidly at 5485. The Advance/Decline ratio is poised at 13/36, with the the major gainers being ITC, HDFCBANK, BAJAJAUTO, CAIRN & GAIL, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, LT & TCS. The FMCG sector is going strong. For some sessions there may be consolidation, but the long term view is bullish. The only hindrance is fear of inflation which will haunt the Government while considering Diesel price revision. With a soft opening the flat or marginal gains are expected for close of today's session.
03.06 pm. Nifty trading at 5527 with Advance/Decline ratio at 28/22. The major gainers are HDFC, LT, HDFCBANK, TATAMOTORS & TCS, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, BHARTIARTL & SBIN. The wholesale price index of India for food fell by 1.6% to 179.5 points for the week ending 19th. February, 2011.
02.02 pm. After remaining in positive zone for sometime Nifty has reversed back to negative territory and is now at 5489. The Advance/Decline ratio has also come down to 22/28. The major gainers are HDFC, HDFCBANK, LT, TATAPOWER & BHEL, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, BHRTIARTL & SBIN. The European market has opened positive but Nifty has sunken again.
12.48 pm. Nifty has climbed over to positive territory and gas scaled a high of 5570 and is currently trading at 5535. The Nifty has come in green as there is news of Libya agreeing to peace plan. The Advance/Decline ratio has also tilted in the positive at 29/21. The major gainers are HDFC, LT, HDFCBANK, TCS & TATAPOWER, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, TATASTEEL & IDFC.
11.16 am. Nifty is currently trading in the negative territory at 5492 with Advance/Decline ratio also negative at 23/27. Not much action expected today.
10.23 am. Nifty has peaked to 5520 but fell down to 5468, its currently struggling at 5475. The Advance/Decline ratio is also weakly poised at 17/33. Themajor gainers are HDFC, HDFCBANK, TATAPOWER, CAIRN & HINDUNILVR, while the major losers are INFOSYSTCH, ICICIBANK, RELIANCE, SBIN & LT. After the two very good days post-budget, Nifty appears to be consolidating its gains.
09.20 am. Nifty has opened weak at 5478 and has made a high of 5497, being the effect of spurt in crude oil. Currently its trading timidly at 5485. The Advance/Decline ratio is poised at 13/36, with the the major gainers being ITC, HDFCBANK, BAJAJAUTO, CAIRN & GAIL, while the major losers are INFOSYSTCH, RELIANCE, ICICIBANK, LT & TCS. The FMCG sector is going strong. For some sessions there may be consolidation, but the long term view is bullish. The only hindrance is fear of inflation which will haunt the Government while considering Diesel price revision. With a soft opening the flat or marginal gains are expected for close of today's session.
Pre-Market Analysis 08.30 am.
- Global cues are mixed with positively inclination.
- Crude Oil has jumped up to
$ 102.61
per barrel. A distressing feature for economy.
- USD vs INR has slipped to Rs.44.975.
- Nifty may be range bound with positive bias. Closing may be near the opening .
- Expected High/Low 5590,5550/ 5500,5470.
- Wait & watch, book some profits above 5550.
Wednesday, March 02, 2011
Today is Holiday on account of SHIVRATRI : marriage of God Shiv with POWERTuesday, March 01, 2011
During the Market:
03.40 pm. Nifty closed at 5522 with a net gain of 189 points, Nifty gained 3.54% over previous close. Nifty has given a standing ovation to the Budget by touching a high of 5333 a full 200 points high.
The Advance/Decline ratio stood bolstering at 50/0 on close. The gains
were seen across all sectors and Auto Sector stood the best. The major
gainers were ICICIBANK, LT, RELIANCE, INFOSYSTCH & HDFCBANK, there
were no losers in Nifty. FIIs may be enthused to reinvest with this
robust performance, which may carry Nifty to new highs.
03.10 pm. Nifty is hovering around 5526 mark and has made a high of 5527. The Advance/Decline now stands at 50/0 with no stocks in red. This can be called as a tribute to the Union Budget which is called as growth oriented and focused. The Budget gives a boost to infrastructure, better education, increase in inflow of foreign funds and with reduction of fiscal deficit. The budget seemed so populist in the beginning is now receiving accolades all-round.
02.40 pm. The petrol prices may rise by Rs.2/litre. Nifty is trading at 5501 and the Advance/Decline ratio stands at 49/1 and the one loser is TATAPOWER and that too marginally. The top gainers are ICICIBANK, LT, RELIANCE, INFOSYSTCH & HDFCBANK. Its very likely that Nifty may be able to carryover its gains for next session and may close near the highs.
01.58 pm. Nifty is trading comfortably and confidently at 5496 and has made a high of 5504. The gains are seen across all the sectors except telecommunication which was overlooked in the Budget. The Advance/Decline ratio is very robust at 48/2. The major gainers are ICICIBANK, INFOSYSTCH, RELIANCE, LT & HDFCBANK, the only two marginal losers are RELCAPITAL & BHARTIARTL.
01.04 pm. Nifty is moving from strength to strength and has clocked a high of 5474 with Advance/Decline surging to 47/3. This is not the buying time.
12.07 pm. Nifty is trading around 5430 level nearly flat and seems strengthening its position. The Advance/Decline is pecked at 45/5.
11.13 am. Nifty is trading with strength and is currently at 5431 after making a high of 5440. The Advance/Decline ratio is comfortably placed at 44/6. The major gainers are ICICIBANK, INFOSYSTCH, RELIANCE, HDFCBANK & LT, while the four losers are BHARTIARTL, WIPRO, TCS & DRREDDY. Now the positive global cues are mainly responsible for the Nifty's positiveness. Nifty is basically in the price band of 5200-5550, once Nifty crosses and more importantly closes above 5610 only then it may be assumed that the uptrend has started.
09.26 am. Nifty has opened with a positive gap at 5382 and has made a high of 5397, currently its trading near the high point. The Advance/Decline ratio is positively placed at 43/7. The major gainers are ITC, ICICIBANK, RELIANCE, HDFC & LT, whereas the major losers are BHARTIARTL, WIPRO, DRREDDY, CAIRN & HCLTECH.
03.10 pm. Nifty is hovering around 5526 mark and has made a high of 5527. The Advance/Decline now stands at 50/0 with no stocks in red. This can be called as a tribute to the Union Budget which is called as growth oriented and focused. The Budget gives a boost to infrastructure, better education, increase in inflow of foreign funds and with reduction of fiscal deficit. The budget seemed so populist in the beginning is now receiving accolades all-round.
02.40 pm. The petrol prices may rise by Rs.2/litre. Nifty is trading at 5501 and the Advance/Decline ratio stands at 49/1 and the one loser is TATAPOWER and that too marginally. The top gainers are ICICIBANK, LT, RELIANCE, INFOSYSTCH & HDFCBANK. Its very likely that Nifty may be able to carryover its gains for next session and may close near the highs.
01.58 pm. Nifty is trading comfortably and confidently at 5496 and has made a high of 5504. The gains are seen across all the sectors except telecommunication which was overlooked in the Budget. The Advance/Decline ratio is very robust at 48/2. The major gainers are ICICIBANK, INFOSYSTCH, RELIANCE, LT & HDFCBANK, the only two marginal losers are RELCAPITAL & BHARTIARTL.
01.04 pm. Nifty is moving from strength to strength and has clocked a high of 5474 with Advance/Decline surging to 47/3. This is not the buying time.
12.07 pm. Nifty is trading around 5430 level nearly flat and seems strengthening its position. The Advance/Decline is pecked at 45/5.
11.13 am. Nifty is trading with strength and is currently at 5431 after making a high of 5440. The Advance/Decline ratio is comfortably placed at 44/6. The major gainers are ICICIBANK, INFOSYSTCH, RELIANCE, HDFCBANK & LT, while the four losers are BHARTIARTL, WIPRO, TCS & DRREDDY. Now the positive global cues are mainly responsible for the Nifty's positiveness. Nifty is basically in the price band of 5200-5550, once Nifty crosses and more importantly closes above 5610 only then it may be assumed that the uptrend has started.
09.26 am. Nifty has opened with a positive gap at 5382 and has made a high of 5397, currently its trading near the high point. The Advance/Decline ratio is positively placed at 43/7. The major gainers are ITC, ICICIBANK, RELIANCE, HDFC & LT, whereas the major losers are BHARTIARTL, WIPRO, DRREDDY, CAIRN & HCLTECH.
Pre-Market Analysis 08.30 am.
- Global cues are positively inclined.
- Crude Oil has come down to $ 96.92 per barrel.
- USD vs INR current level is Rs.45.275.
- Nifty may be range bound with positive bias. Closing may be higher.
- Expected High/Low 5430,5400/ 5300,5280.
- Selective buying in infrastructure and power sectors may be initiated below 5333 levels. GAIL is a good and sound stock for medium term.
