Showing posts with label top news for nifty. Show all posts
Showing posts with label top news for nifty. Show all posts

On Monday, the Indian equities saw a sharp fall which saw a choppy trade on Tuesday. The buyers also lacked confidence because of Europe’s sovereign debt concerns. The session ended on a flat note which saw the Nifty at 5,398, higher about 12 points, while the Sensex closed at 18,011, up about 18 points.

In the fortnight gone by, we saw petrol prices being hiked in line with expectations. However, the prices of diesel, LPG and kerosene have been left untouched. Any change in the prices is likely to impact inflation.

Also, quarterly earnings of major companies failed to meet market expectations. In fact, they have been quite disappointing so far.

Furthermore, the previous fortnight also saw a correction in the prices of commodities like metals, oil and cotton. Although this correction in commodity prices will be a positive in the long-term, in the short-term, however, it can have some negative impact owing to inventory valuation losses.The markets are highly volatile at present.

Market participants are advised to avoid fresh buying and overnight positions as the Nifty is under pressure and FIIs have been selling. I expect the Nifty to touch the 5,350 level. If it crosses the 5,480 level, then it is likely to test the 5,600 level.

We expect the market to be in the range of 5,200-5,600 for the next few days. When the momentum stocks will upto 3-4% from here on would be a good entry point. The consumption theme like an ITC, Marico and something to do with fertilizers like Coromandel Fertilizers would be a good picks at this point of time. A lot of things will also depend on the monsoon going forward.

Stocks for Investment: National Peroxide, Tata Consultancy Services, LIC Housing Finance, Hindustan Zinc, Grasim Industries and Sintex Industries look good on declines from an investment perspective.

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Here are some stocks which are closed yesterday with high volum and the possibility are these will give a good profit on Monday, these are-

Tecpro Systems Ltd
Yesterday closed at 308.35 +3.35 (1.09%)
Details Technicals for 11-04-2011
Open 307.75              Resistance 3     333.8
Last close 305.00       Resistance 2     327.8
Today's high 321.80   Resistance 1     318
Today's low 306.00  PP (Pivot Point)   312.0
Volume 87,110               Support 1     302.2
52-Week high 453.80     Support 2      296.2
52-Week low 350.00       Support 3      286.4

Bharat Heavy Electricals Ltd
Yesterday closed at 2201.45    +6.30    (0.28%)
Details Technicals for 11-04-2011
Open 2200.00               Resistance 3     2258.5
Last close 2195.1499     Resistance 2     2235.5
Today's high 2212.50     Resistance 1     2217
Today's low 2171.00    PP (Pivot Point)   2194.
Volume 830,201                Support 1      2175.5
52-Week high 2664.80      Support 2      2152.5
52-Week low 2188.00        Support 3      2134

Pantaloon Retail (India) Ltd
Yesterday closed at 285.40   -9.10    (-3.0%)
Details Technicals for 11-04-2011
Open 298.95              Resistance 3     312.35
Last close 294.50       Resistance 2     306.15
Today's high 299.95   Resistance 1     295.7
Today's low 283.30   PP (Pivot Point)  289.5
Volume 556,369             Support 1     279.05
52-Week high 528.00     Support 2     272.85
52-Week low 313.50       Support 3     262.4

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We have the top information for the nifty of today that will help you in trading for tomorrow, These are-
Here are the top gainers of the day-

CompanyPrev Close (Rs)Current Price (Rs)% Change
HDFC698.9715.70+ 2.40
Bharat Petroleum603613.80+ 1.79
Hindalco Indus.212.4216.05+ 1.72
Wipro Ltd465.95472.45+ 1.39
Tata Power Co.1303.051,319.85+ 1.29
HCL Technologies491.7497.85+ 1.25


Here are the losers of the day-

CompanyPrev Close (Rs)Current Price (Rs)%Change
Sesa Goa325.75315.80-3.05
NTPC191.8186.15-2.95
ONGC298.1291.60-2.18
Cairn India Ltd.350.55343.95-1.88
Tata Consultancy1221.851,199.20-1.85


Top traded stocks of today in Nifty on the basis of their value-


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Here are the top gainers for today-
Company                        Prev Close (Rs)           Current Price (Rs)        % Change
Sujana Universal Ind                   6.05                              7.30                        + 20.66
Agro Dutch Industrie                 11.65                            14.00                        + 20.17
Aster Silicates Ltd.                     27.1                             32.55                         + 20.11
BPL Ltd.                                    24.2                             29.05                         + 20.04
Global Offshore Ser                  118.2                           140.95                        + 19.25
Indbank Merchant                     11.75                             13.95                        + 18.72

Here are the top losers of today-
Company                         Prev Close (Rs)         Current Price (Rs)         % Change
Excel Infoways Ltd.                    43.6                             40.10                         -8.03
Teledata Technology                     .75                                .70                          -6.67
Den Networks Ltd.                      87.1                             81.95                         -5.91
Visesh Infotecnics L                     9.3                                8.75                         -5.91
Almondz Global Secur                  40                              37.70                         -5.75

Top Traded Stocks of The Day on The Basis of trading value-
Security Name     Close (Rs)     PrevClose (Rs)    Gain (Rs)    Traded Value (Rs. Crore
SBIN                      2,796.25           2,763.30             32.95                  493.17
ICICIBANK          1,111.25            1,119.20             -7.95                  296.74
HDFC                       698.35               705.55             -7.20                  267.48
BHEL                     2,210.60           2,173.75             36.85                 261.21
LT                           1,667.50           1,689.30            -21.80                 260.04
RELIANCE            1,047.65           1,050.65             -3.00                  257.60
TATAMOTORS    1,280.35           1,254.20             26.15                  249.85
SESAGOA                314.75              294.15             20.60                  226.33
HDFCBANK         2,395.75           2,400.80              -5.05                  201.55 

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