Pages

01 December 2010

Sales Traders Commentary:: Edelweiss, 1st Dec, 2010

Bookmark and Share
Visit http://indiaer.blogspot.com/ for complete details �� ��


Sales Traders Commentary
§  Equity benchmarks maintained their uptrend for second consecutive day. The markets were down more than one percent in first half of trade on negative Asian cues and profit booking ,but indices turned positive in second half of trade due to  short covering .
§  Sensex closed at 19,521.25, up 0.60%,Nifty ended at  0.56% closing at 5,862.70. While BSE Midcap Index was up 1.4% and Smallcap up 1.9%.
§  Gainers were D L F (7.00%), Bharti Airtel (6.45%), Tata Motors (4.31%), State Bank Of India (3.97%), Reliance Communications (3.41%), and Jaiprakash Associates (2.75%).
§  Losers were Tata Steel (1.48%), Reliance Industries (1.14%), I C I C I Bank (0.90%), Larsen & Toubro (0.89%), Tata Power Company (0.85%), and ACC (0.80%).
§  The Realty index was up by 5.67%. Major gainers were Indiabulls Real Estate (8.43%), D L F (7%), Anant Raj Industries (6.75%), Housing Development and Infrastructure (5.46%) and D B Realty (5%).
§  The Consumer Durables space was up by 2.08%. Major gainers were Rajesh Exports (8.9%), Blue Star (5.94%), Videocon Industries (1.95%), Titan Industries (0.64%) and Bajaj Electricals (0.5%).
§  The Power index was up by 1.84%. Major gainers were Adani Power (3.3%), Reliance Infrastructure (2.6%), A B B (2.56%), Bharat Heavy Electricals (2.35%) and Crompton Greaves (1.48%).
§  The Oil & Gas index was down by 0.56%. Major losers were Reliance Industries (1.14%), Bharat Petroleum Corporation (0.62%) and G A I L (India) (0.44%).
§  Globally, Asian indices ended on weak While Europe was trading mixed.

No comments:

Post a Comment