Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Dealer’s Diary
The key benchmark indices edged lower but regained strength in morning trade
after seeing a bout of volatility at the onset of the trading session. The Sensex
regained the psychological 19,000 mark soon after falling below that level for a
short while. The market extended gains in mid-morning trade and continued to
pare gains till early afternoon trade, after striking a fresh intraday high. Banking
shares saw an across-the-board rally, buoyed by good operating performance
by sector majors SBI and ICICI Bank. Market breadth remained strong. The key
benchmark indices logged in decent gains and closed on a positive note, with
the Sensex and Nifty closing up by 0.8% each. Mid-cap and small-cap indices
also closed up by 0.8% each. Among the front liners, SBI, Tata Steel, ONGC,
Maruti Suzuki and HDFC gained 3–4%, while Wipro, RIL, Cipla, Hindalco and
RCOM lost 1–3%. Among mid caps, Core Projects, Glodyne Tech, Prestige
Estates, KSK Energy and Monnet Ispat gained 9–10% while Sunteck Realty, KGN
Inds, Jyothy Lab, Hathway Cable and Gujarat NRE Coke fell 3–5%.
Markets Today
The trend deciding level for the day is 19115 / 5732 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 19231 – 19311 / 5767 – 5791 levels. However, if NIFTY
trades below 19115 / 5732 levels for the first half-an-hour of trade then it may
correct up to 19035 – 18919 / 5709 – 5674 levels.
India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
Dealer’s Diary
The key benchmark indices edged lower but regained strength in morning trade
after seeing a bout of volatility at the onset of the trading session. The Sensex
regained the psychological 19,000 mark soon after falling below that level for a
short while. The market extended gains in mid-morning trade and continued to
pare gains till early afternoon trade, after striking a fresh intraday high. Banking
shares saw an across-the-board rally, buoyed by good operating performance
by sector majors SBI and ICICI Bank. Market breadth remained strong. The key
benchmark indices logged in decent gains and closed on a positive note, with
the Sensex and Nifty closing up by 0.8% each. Mid-cap and small-cap indices
also closed up by 0.8% each. Among the front liners, SBI, Tata Steel, ONGC,
Maruti Suzuki and HDFC gained 3–4%, while Wipro, RIL, Cipla, Hindalco and
RCOM lost 1–3%. Among mid caps, Core Projects, Glodyne Tech, Prestige
Estates, KSK Energy and Monnet Ispat gained 9–10% while Sunteck Realty, KGN
Inds, Jyothy Lab, Hathway Cable and Gujarat NRE Coke fell 3–5%.
Markets Today
The trend deciding level for the day is 19115 / 5732 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 19231 – 19311 / 5767 – 5791 levels. However, if NIFTY
trades below 19115 / 5732 levels for the first half-an-hour of trade then it may
correct up to 19035 – 18919 / 5709 – 5674 levels.
No comments:
Post a Comment