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Dealer’s Diary
The key benchmark indices opened on a firm note on positive Asian cues. The
market hit intraday highs in morning trade and surged again to hit fresh
intraday highs in mid-morning trade. The market extended gains in early
afternoon trade to strike fresh day's high. The key benchmark indices hovered
near the day's high in mid-afternoon trade and surged in late trade to form
fresh intraday highs, tracking firm global stocks on positive China's trade data
and easing tensions in Egypt’s political crisis. The Sensex ended the day up by
2.7%, while the Nifty closed higher by 2.8%. The mid-cap and small-cap indices
ended higher by 3.5% and 3.9%, respectively. Among the front liners,
Jaiprakash Associates, L&T, Tata Motors, BHEL and Jindal Steel gained 4–7%,
while DLF was the only scrip that ended in red reporting a fall of 0.4%. Among
mid caps, Bajaj Corp., Manappuram General, Ramky Infrastructure, National
Fertilizers and KEC International gained 12–15%, while Sunteck Realty, Patel
Engineering, Hindusthan National, Deccan Chronicle and SpiceJet lost 2–10%.
Markets Today
The trend deciding level for the day is 18,096/5,420 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18,334–18,466/5,500-5,544 levels. However, if NIFTY
trades below 18,096/5,420 levels for the first half-an-hour of trade then it may
correct up to 17,964–17,725/5,376-5,296 levels.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Dealer’s Diary
The key benchmark indices opened on a firm note on positive Asian cues. The
market hit intraday highs in morning trade and surged again to hit fresh
intraday highs in mid-morning trade. The market extended gains in early
afternoon trade to strike fresh day's high. The key benchmark indices hovered
near the day's high in mid-afternoon trade and surged in late trade to form
fresh intraday highs, tracking firm global stocks on positive China's trade data
and easing tensions in Egypt’s political crisis. The Sensex ended the day up by
2.7%, while the Nifty closed higher by 2.8%. The mid-cap and small-cap indices
ended higher by 3.5% and 3.9%, respectively. Among the front liners,
Jaiprakash Associates, L&T, Tata Motors, BHEL and Jindal Steel gained 4–7%,
while DLF was the only scrip that ended in red reporting a fall of 0.4%. Among
mid caps, Bajaj Corp., Manappuram General, Ramky Infrastructure, National
Fertilizers and KEC International gained 12–15%, while Sunteck Realty, Patel
Engineering, Hindusthan National, Deccan Chronicle and SpiceJet lost 2–10%.
Markets Today
The trend deciding level for the day is 18,096/5,420 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18,334–18,466/5,500-5,544 levels. However, if NIFTY
trades below 18,096/5,420 levels for the first half-an-hour of trade then it may
correct up to 17,964–17,725/5,376-5,296 levels.
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