Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Dealer’s Diary
The market tumbled in opening trade as Japanese shares led a sharp slide in
Asian stocks on worsening of nuclear crisis in Japan. Bargain hunting and
cooling oil prices triggered intraday recovery on the bourses after a sell-off at
the onset. Volatility continued as the market pared gains after hitting a fresh
intraday high in mid-afternoon trade. The market came off the day's high in late
trade. Intraday volatility was high with a weak market breadth. The Sensex and
Nifty closed with losses of 1.5% each. The mid-cap and small-cap indices lost
1.4% and 1.6%, respectively. Among the front liners, only Reliance Industries
and RCOM closed in the green with gains of 0–2%, while Jaiprakash
Associates, Maruti Suzuki, ONGC, Sterlite Industries and DLF lost 3–4%. Among
mid caps, Parsvnath Developers, Himadri Chemicals, Shree Global Tradefin,
Amtek Auto and AIA Engineering gained 4–10%, while Bajaj Finserv, ARSS Infra
Projects, Hindustan Oil Exploration, S Kumars and Electrosteel Steels lost 5–6%.
Markets Today
The trend deciding level for the day is 18,138/5,440 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18,356–18,544/5,507–5,565 levels. However, if NIFTY
trades below 18,138/5,440 levels for the first half-an-hour of trade then it may
correct up to 17,950–17,732/5,383-5,316 levels.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Dealer’s Diary
The market tumbled in opening trade as Japanese shares led a sharp slide in
Asian stocks on worsening of nuclear crisis in Japan. Bargain hunting and
cooling oil prices triggered intraday recovery on the bourses after a sell-off at
the onset. Volatility continued as the market pared gains after hitting a fresh
intraday high in mid-afternoon trade. The market came off the day's high in late
trade. Intraday volatility was high with a weak market breadth. The Sensex and
Nifty closed with losses of 1.5% each. The mid-cap and small-cap indices lost
1.4% and 1.6%, respectively. Among the front liners, only Reliance Industries
and RCOM closed in the green with gains of 0–2%, while Jaiprakash
Associates, Maruti Suzuki, ONGC, Sterlite Industries and DLF lost 3–4%. Among
mid caps, Parsvnath Developers, Himadri Chemicals, Shree Global Tradefin,
Amtek Auto and AIA Engineering gained 4–10%, while Bajaj Finserv, ARSS Infra
Projects, Hindustan Oil Exploration, S Kumars and Electrosteel Steels lost 5–6%.
Markets Today
The trend deciding level for the day is 18,138/5,440 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18,356–18,544/5,507–5,565 levels. However, if NIFTY
trades below 18,138/5,440 levels for the first half-an-hour of trade then it may
correct up to 17,950–17,732/5,383-5,316 levels.
No comments:
Post a Comment