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Dealer’s Diary
The key benchmark indices opened marginally in red but continued to slip the
entire morning session amidst political worries. The market trimmed losses in
mid-morning trade but again fell to the day’s low by early afternoon. The
market then gathered steam on the back of firm European stocks and higher US
index futures and started trimming its losses. The market jumped into green for
the first time during the day in afternoon trade but slipped into red once again
after turning positive for a brief period. The Sensex and Nifty closed with losses
of 0.2% and 0.1%, respectively. Both mid-cap and small-cap indices ended
0.03% lower. Among the front liners, Bharti Airtel, Hindalco Industries, Tata
Motors, RCOM and Jindal Steel gained 1–2%, while Hindustan Unilever, Maruti
Suzuki, Sterlite Industries, Reliance Infra and Mahindra & Mahindra lost 1–2%.
Among mid caps, Kwality Dairy, Alstom Projects, Tata Teleservices, Allcargo
Global and Motilal Oswal gained 7–19%, while Blue Dart, GVK Power,
Coromandel International, Gammon Infra and MVL lost 4–8%.
Markets Today
The trend deciding level for the day is 19,493/5,851 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 19,679–19,812/5,911–5,953 levels. However, if NIFTY
trades below 19,493/5,851 levels for the first half-an-hour of trade then it may
correct up to 19,359–19,174/5,809–5,749 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 marginally in red but continued to slip the
entire morning session amidst political worries. The market trimmed losses in
mid-morning trade but again fell to the day’s low by early afternoon. The
market then gathered steam on the back of firm European stocks and higher US
index futures and started trimming its losses. The market jumped into green for
the first time during the day in afternoon trade but slipped into red once again
after turning positive for a brief period. The Sensex and Nifty closed with losses
of 0.2% and 0.1%, respectively. Both mid-cap and small-cap indices ended
0.03% lower. Among the front liners, Bharti Airtel, Hindalco Industries, Tata
Motors, RCOM and Jindal Steel gained 1–2%, while Hindustan Unilever, Maruti
Suzuki, Sterlite Industries, Reliance Infra and Mahindra & Mahindra lost 1–2%.
Among mid caps, Kwality Dairy, Alstom Projects, Tata Teleservices, Allcargo
Global and Motilal Oswal gained 7–19%, while Blue Dart, GVK Power,
Coromandel International, Gammon Infra and MVL lost 4–8%.
Markets Today
The trend deciding level for the day is 19,493/5,851 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 19,679–19,812/5,911–5,953 levels. However, if NIFTY
trades below 19,493/5,851 levels for the first half-an-hour of trade then it may
correct up to 19,359–19,174/5,809–5,749 levels
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