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, snapping the last two days' gains on
weak global stocks, which fell after Federal Reserve Chairman commented that
the US economic recovery was proving to be "uneven" and "frustratingly slow".
The market trimmed losses after a subdued start. The key benchmark indices
held the negative zone after recovering from initial lows to hit fresh intraday
highs in morning trade. The market moved in a narrow range in early
afternoon trade before hitting a fresh intraday low in afternoon trade after the
European market opened lower. The Sensex and Nifty closed with losses of
0.6% and 0.5%, respectively. The mid-cap index closed flat, while the small-cap
index closed with gains of 0.2%. Among the front runners, RCOM, HUL, NTPC,
ITC and BHEL gained 0–2%, while Hero Honda, ONGC, Hindalco Inds, HDFC
and Bajaj Auto lost 2–4%. Among mid caps, DB Realty, Motherson Sumi,
Whirlpool, Indian Metals and Tata Global gained 4–7%, while Tecpro Systems,
KGN Inds, India Infoline, Purvankara Projects and SKS Microfinance lost 3–6%.
Markets Today
The trend deciding level for the day is 18,422/5,533 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18,478–18,561/5,551–5,574 levels. However, if NIFTY
trades below 18,422/5,533 levels for the first half-an-hour of trade then it may
correct up to 18,338–18,283/5,509–5,491 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, snapping the last two days' gains on
weak global stocks, which fell after Federal Reserve Chairman commented that
the US economic recovery was proving to be "uneven" and "frustratingly slow".
The market trimmed losses after a subdued start. The key benchmark indices
held the negative zone after recovering from initial lows to hit fresh intraday
highs in morning trade. The market moved in a narrow range in early
afternoon trade before hitting a fresh intraday low in afternoon trade after the
European market opened lower. The Sensex and Nifty closed with losses of
0.6% and 0.5%, respectively. The mid-cap index closed flat, while the small-cap
index closed with gains of 0.2%. Among the front runners, RCOM, HUL, NTPC,
ITC and BHEL gained 0–2%, while Hero Honda, ONGC, Hindalco Inds, HDFC
and Bajaj Auto lost 2–4%. Among mid caps, DB Realty, Motherson Sumi,
Whirlpool, Indian Metals and Tata Global gained 4–7%, while Tecpro Systems,
KGN Inds, India Infoline, Purvankara Projects and SKS Microfinance lost 3–6%.
Markets Today
The trend deciding level for the day is 18,422/5,533 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a
further rally up to 18,478–18,561/5,551–5,574 levels. However, if NIFTY
trades below 18,422/5,533 levels for the first half-an-hour of trade then it may
correct up to 18,338–18,283/5,509–5,491 levels.
No comments:
Post a Comment