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 started the week on a weak note as political
uncertainty and rising crude oil prices amidst weak global equities triggered a
sell off in the domestic markets. The indices continued their downward journey
throughout the morning session and early afternoon trade to hit fresh intraday
lows as investors remained cautious. However, the market recouped some of its
losses on news that the Congress and DMK may resolve their seat-sharing
differences in Tamil Nadu and reach a settlement by evening. Finally, the
market ended on a subdued note with the Sensex and Nifty closing down by
1.4% each. The mid-cap and small-cap indices also closed in line, with the
broader market ending lower by 1.4% each. Among the front liners, Wipro,
Tata Power, Cipla, NTPC and ITC gained 0–1%, while Maruti, Tata Motors,
RCOM, BHEL and SBI lost 2–4%. Among mid caps, Trent, Info Edge India,
Jyothy Lab, OnMobile Global and Marico gained 4–8%, while India Infoline,
SpiceJet, Tecpro Systems, Techno Elec. and Engg. and Bajaj Finserv lost 5–10%.
Markets Today
The trend deciding level for the day is 18214/5454 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18370 – 18517/5500 - 5537 levels. However, if NIFTY
trades below 18214/5454 levels for the first half-an-hour of trade then it may
correct up to 18067 – 17911/5417 - 5371 levels
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Dealer’s Diary
The key benchmark indices started the week on a weak note as political
uncertainty and rising crude oil prices amidst weak global equities triggered a
sell off in the domestic markets. The indices continued their downward journey
throughout the morning session and early afternoon trade to hit fresh intraday
lows as investors remained cautious. However, the market recouped some of its
losses on news that the Congress and DMK may resolve their seat-sharing
differences in Tamil Nadu and reach a settlement by evening. Finally, the
market ended on a subdued note with the Sensex and Nifty closing down by
1.4% each. The mid-cap and small-cap indices also closed in line, with the
broader market ending lower by 1.4% each. Among the front liners, Wipro,
Tata Power, Cipla, NTPC and ITC gained 0–1%, while Maruti, Tata Motors,
RCOM, BHEL and SBI lost 2–4%. Among mid caps, Trent, Info Edge India,
Jyothy Lab, OnMobile Global and Marico gained 4–8%, while India Infoline,
SpiceJet, Tecpro Systems, Techno Elec. and Engg. and Bajaj Finserv lost 5–10%.
Markets Today
The trend deciding level for the day is 18214/5454 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18370 – 18517/5500 - 5537 levels. However, if NIFTY
trades below 18214/5454 levels for the first half-an-hour of trade then it may
correct up to 18067 – 17911/5417 - 5371 levels
No comments:
Post a Comment