equityresearch
Equity Research
The markets showed spectacular recovery after two consecutive weak sessions and ended on a very strong note on account of strong global cues. All major sectoral indices ended on a strong note. Technology stocks showed good sign of recovery after a major downtrend while sugar stocks continued to witness selling pressure. The Sensex closed at 17,692 up 165 points after trading in the range of 17,706-17,555. Nifty shut at 5,291 up 40 point after trading in the range of 5,298- 5,249. The Small cap and Mid-cap indices were up by 2.43% and 0.88% respectively. The breadth of the market was very strong and the turnover was recorded at Rs 70,617Cr. The April nifty future ended with a 16 point premium. The Sensex for the week was up by 48 points and Nifty was up by 8 points.
http://www.nirmalbang.com/Upload/Morning_Call_050410.pdf
http://www.nirmalbang.com/Upload/Morning_Call_050410.pdf