17 January Morning News
NEWS UPDATES
Divestment Secretary Ravi Mathur says
-To sell 10 percent stake in IOC to oil companies via block deals
-Working very complex to meet FY14 divestment target
- Engineers India road-shows to commence soon
Oil Minister M Veerappa Moily
-Yet to decide on...
Market Internals
FII were net buyer in Cash market by amount of only 413cr even after a stellar rally.
DII were net seller by 317cr in cash market.
Short covering in Bank nifty future & fresh long position in nifty future were seen by FII.
Aggressive writing was seen at 6200put...
DAILY MARKETS TREND
Sensex rallies 330 points at close; realty, banks, capital goods surge.
Asian shares advance on China trade, falling yen.
Jindal Steel and Power slumps on Congress poll showing.
Bharti Airtel inks pact with Punjab govt.
JSW Steel posts 78% growth in...
Markets again witnessed a volatile session and moved in the same tight range since and finally settled on a flat note and ended the November Expiry series with a loss of more than 3%.
Nifty future is constantly facing resistance of its 21 day EMA of 6120 and dropped towards the support of 6060...
Markets opened on a flat note and remained volatile moving in a tight range for the whole session and settled on a flat note ahead of November F&O Expiry series. Nifty future on daily charts will remain in weak zone till it sustains below 23.6% retracement of 6082.
It is in a state of...
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Buy- Bharti Airtel above 342.50 with TGT- 344/345.5/347.0 SL- 338.0
Buy- ONGC above 274.50 with TGT-...
The media is yet to come out of its love with Twitter stock that soared more than 70 percent last week in its trading debut, as freelancer.com - the Australian company IPO's and makes the twitter ipo look like an amateur.
The freelancer.com (FLN.au) stock jumped by 420 %, a 2.6 $ jump per...
WEEKLY MARKET TREND
Sensex closes at 3-year high; banks, metal lead rally.
S&P 500 breaks record, Google tops $1,000/sh on Q3 earnings.
NHPC’s tax-free bonds oversubscribed over two times.
SpiceJet shares surge over 3% amid stake sale reports.
L&T Q2 net falls 14% to Rs 978...
Views on markets today
- Benchmark share indices ended flat on Thursday, amid range bound trade, as investors remained cautious ahead of Infosys second quarter earnings.
The 30-share Sensex ended up 24 points at 20,273 and the 50-share Nifty ended up 14 points at 6,021.
- Among the 13 BSE...
S & P CNX Nifty CMP 6007.45
Index is expected for a small rally in the charts, while resistance at 6060 & 6150 is expected. Best Trading startegy for traders would be buying on dips.
Intraday trading Levels Buy Above: 6040 Resistance 6060 | 6093 | 6146 Sell Below: 5975 Support 5955 | 5922 |...
S & P CNX Nifty CMP 5928.40
Short-term trend chart looks at charts while negative support expected around 5810 and 5750, would sell best trading strategy for traders to rise .
Intraday trading Levels Buy Above: 5945 Resistance 5955 | 5971 | 5997 Sell Below: 5912 Support 5902 | 5886 | 5860
HGS...
Indian stock market trading in good position on friday while at around 11 AM, the market crashed badly. Market loses many points and becnme red and bearish. In the whole trading session, market tried to recover itself but it moves in both sides as some where it gain money and some time loses...
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Currency- Dollar rises again and touched the 68.84 Rs and moving fast. Dollar open at 66.97 and increase its value to 68.84 rupees. Currently dollar price is trading in Rs 68.41 while it has a big moment in its price value change.
Share market- Nifty index price fallen again on Wednesday. Nifty...
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US markets ended in positive territory as investors geared up for the start of the second quarter earnings season. The CBOE volatility index ended below 15.
The Dow Jones industrial average gained 88.85 points to close at 15,224.69. The Standard & Poor’s 500 Index rose 8.57 points to 1,640.46...
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The concept of stock developed gradually. Some scholars place its origins as far back as ancient Rome. Partnership agreements dividing ownership into shares date back at least to the 13th century, again with Italian city-states in the vanguard. Such arrangements, however, typically...