Posts Tagged ‘green territory’

Foreign Investors Poured $9 Billion in Indian Stock Market :)

Foreign_Investment


Foreign investors have poured Rs 43,837 crore (USD 9.05 billion) into the country’s stock markets so far this year, reflecting confidence of foreign funds in the Indian equity markets.

🙂

At the close on Wednesday, overseas investors were gross buyer of shares worth 4,17,121 crore and gross sellers of stocks valued at Rs 3,73,283 crore, resulting in a net flow of Rs 43,837 crore into the stock markets so far this year.

This latest data has been announced by the market regulator Securities and Exchange Board of India (SEBI).

🙂

Significantly, the Bombay Stock Exchange benchmark Sensex has gained nearly 73 per cent so far this year.

🙂

The National Stock Exchange barometer Nifty – composed of 50 shares — has also advanced fairly and for the first time in more than a year it touched 5,000 level on Thursday.

(Read more about that on previous blog).

Global fund houses have made a total net investment of Rs 3,564 crore so far in September, according to the SEBI data.

🙂

After pulling out a huge sum of Rs 52,986 crore (USD 11.9 billion) from the local stock markets, foreign investors are now moving their money towards emerging economies like India.

🙂

However in debt market segment, overseas investors have not turned net investor so far this year.

FIIs were net sellers of debt instruments worth Rs 527 crore (USD 49 million) in 2009 so far according to the latest data received from the market regulatory body,SEBI.

🙂

Nifty Hit the Level of 5,000 :)

nifty-climb-5000k

Nifty hit the significant level of 5,000, first time since May 23, 2008, taking 326 trading sessions while, the standard index prepared early gains to close flat after hitting 5,003 at its day’s high.

🙂

However, nifty closed slightly higher at 4,965, up 7 points whereas another standard Sensex also ended flat at 16,711, up 34 points, off its day’s high of 16,820 while both the indices were lower by over 4.4% decline in heavyweight RIL.

😦

Moreover, RIL stated that it has raised around Rs 3,188 crore through sale of 1.50 crore equity shares of the company and selling pressure in RIL weighed down on the oil & gas index, down 2.8%.

Additionally, the BSE realty index slid 0.9%, Unitech lost 3% and Phoenix Mills declined 2.4% while IT and auto stocks increased.

🙂

Similarly, the BSE IT index gained 1.9%, Patni Computer and HCL Tech rose over 6% while the auto index on the BSE was also up 1.5% and Amtek Auto increased 14.6%.

On the other hand, in the Sensex pack, ACC emerged as the biggest gainer while the stock advanced 3.6% to Rs 827 however, Hindalco, JP Associates, Bharti Airtel and Maruti Suzuki gained over 3% each.

🙂

Further, RIL was declared the top loser in the group followed by Tata Steel and ITC.

😦

A correction is expected and likely to take place in markets at current levels. But it is unlikely to be a sharp one.

🙂

European and Asian stock markets extended the week’s rally on Thursday, hitting new highs for the year, as investors became increasingly confident that the U.S. economy , the world’s largest , is growing again.

🙂

Note : For More latest Industry,Stock Market and Economy News Updates, Click Here

EQUITY UPDATE for 24th August,2009

Daily Equity Update

POST MARKET REPORT 🙂

The BSE Sensex closed higher by 387.92 points or (2.55%) at
15,628.75 and NSE Nifty ended up by 114 points or (2.52%) at
4,642.80.

BSE Mid Caps and Small Caps closed with gains of 145.06 and 182.89 points at 5,704.38 and 6,645.87 respectively.

🙂

The BSE Sensex touched intraday high of 15,676.35 and intraday low of 15,362.9.

Among the Sensex pack all 30 stocks ended in green territory.

The market breadth indicating the overall health of the market remained extremely positive as 2044 stocks closed in green while 715 stocks closed in red and 67 stocks remained unchanged in BSE.

🙂

The S&P CNX Nifty is up by 114.00 points or 1.65 % to 4642.80.

The NSE turnover was up Rs.15015.83 from last trading session’s Rs. 14697.33 crore.

🙂

NEWS UPDATES

-Austral Coke & Projects board will meet on 3 September 2009 to consider issuing bonus shares.

Indiabulls Real Estate emerged as the top financial bidder for redevelopment of Maharashtra government buildings at Mantralaya in Mumbai.

Bharat Heavy Electricals bagged an order worth Rs 2,630crore.

-Eleven metal stocks rose after LMEX, a gauge of six metals traded on the London Metal Exchange, rose 2.72% to 2,913.90 on 21 August 2009.

🙂

MARKET OUTLOOK

On the first trading day of the expiry week, index opened strongly on the positive note and sustained those gains throughout the session.

🙂

As we have seen in last trading session, it managed to close above 4490 levels that triggered buying spree across the board in today’s trade.

Market breadth remained strongly on the positive side with Realty, Capital good & FMCG pivots ended on the top.

Technically, we expect index to test higher levels in the days to come but it’ll volatile sessions ahead due to expiry week of F&O
contracts.

🙂

SENTIMENT INDICATOR

PCR of index options is at 1.18 from last trading session’s 0.96

PCR of Stock options is at 0.28 from last trading session’s 0.40.

PCR of total F&O is at 1.14 from last trading session’s 0.94.

The advances are 910; declines are 184 and unchanged are 22.

The implied volatility has decreased to 31.44 from last trading

session’s 35.41

🙂

TaBLES

1.

daily equity update economy data

2.

sector watch

Comment: Realty & Consumer Durables are the major gainers in day’s session

🙂

3

TRENDS OF INDIAN  MARKET INDICES

4.

TRENDS OF WORLD MARKETS INDICES

🙂


EQUITY UPDATE for 21st August,2009

Equity Update

POST MARKET REPORT 🙂

The BSE Sensex closed higher by 228.51 points or (1.52%) at 15,240.83 and NSE Nifty ended up by 75.35 points or (1.69%) at 4,528.8.

🙂

BSE Mid Caps and Small Caps closed with gains of 81.93 and 102.71 points at 5,559.32 and 6,462.98 respectively.

The BSE Sensex touched intraday high of 15,275.17 and intraday low of 14,835.08

🙂

Among the Sensex pack 28 stocks ended in green territory and 2 stock ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1711 stocks closed in green while 958 stocks closed in red and 102 stocks remained unchanged in BSE.

🙂

The S&P CNX Nifty is up by 73.45 points or 1.65 % to 4526.90.

The NSE turnover was up Rs.14697.33 from last trading session’s Rs. 13245.55 crore.

🙂

NEWS UPDATES

– Shares of eight tea companies jumped on increase in tea prices

– Bharti Airtel rose after a newspaper report quoted Chairman Sunil Mittal as saying that the company is not looking to sweeten its deal to buy a stake in South Africa’s MTN.

– Bharat Heavy Electricals bagged an order worth Rs 2,630 crore.

– Flawless Diamond (India) s board approved a 10-for-1 stock split.

🙂

OUTLOOK

Index opened in red on the back of on mixed cues from the markets across the globe but rose steadily as the day progressed.

Technically, it managed to sustain to above 4350 levels, which triggered buying spree across the board on the last trading day of the week.

Realty & Auto counters were the major gainers in today’s trade with significant gain in Midcap & Small cap as well.

🙂

Market breadth also managed to close strongly in green resultant to spurt.

Technically, we expect that it’ll try to test higher levels in the next week but that will attract profit taking too.

🙂

Support – 4485-4450

Resistance – 4565-4600

🙂

SENTIMENT INDICATOR

PCR of index options is at 0.96 from last trading session’s 0.97

PCR of Stock options is at 0.40 from last trading session’s 0.31.

PCR of total F&O is at 0.94 from last trading session’s 0.94.

The advances are 750; declines are 336 and unchanged are 30.

The implied volatility has increased to 35.41 from last trading session’s 32.15

🙂

TABLES :

1.

Daily Equity Update

🙂

2.

sector watch


Comment: Realty & Auto are the major gainers in day’s session 🙂

🙂




POST MARKET

The BSE Sensex closed higher by 228.51 points or (1.52%) at 15,240.83 and NSE Nifty ended up by 75.35 points or (1.69%) at 4,528.8.

BSE Mid Caps and Small Caps closed with gains of 81.93 and 102.71 points at 5,559.32 and 6,462.98 respectively.

The BSE Sensex touched intraday high of 15,275.17 and intraday low of 14,835.08

Among the Sensex pack 28 stocks ended in green territory and 2 stock ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1711 stocks closed in green while 958 stocks closed in red and 102 stocks remainedunchanged in BSE.

The S&P CNX Nifty is up by 73.45 points or 1.65 % to 4526.90.

The NSE turnover was up Rs.14697.33 from last trading session’s Rs. 13245.55 crore.

NEWS UPDATES

Shares of eight tea companies jumped on increase in tea prices

Bharti Airtel rose after a newspaper report quoted Chairman Sunil Mittal as saying that the company is not looking to sweeten its deal to buy a stake in South Africa’s MTN.

Bharat Heavy Electricals bagged an order worth Rs 2,630 crore.

Flawless Diamond (India) s board approved a 10-for-1 stock split.

OUTLOOK

Index opened in red on the back of on mixed cues from the markets across the globe but rose steadily as the day progressed.

Technically, it managed to sustain to above 4350 levels, which triggered buying spree across the board on the last trading day of the week.

Realty & Auto counters were the major gainers in today’s trade with significant gain in Midcap & Small cap as well.

Market breadth also managed to close strongly in green resultant to spurt.

Technically, we expect that it’ll try to test higher levels in the next week but that will attract profit taking too.

Support – 4485-4450 Resistance – 4565-4600

SENTIMENT INDICATOR

PCR of index options is at 0.96 from last trading session’s 0.97

PCR of Stock options is at 0.40 from last trading session’s 0.31.

PCR of total F&O is at 0.94 from last trading session’s 0.94.

The advances are 750; declines are 336 and unchanged are 30.

The implied volatility has increased to 35.41 from last trading session’s

32.15

EQUITY UPDATE for 20th August,2009

Stock Market update

POST MARKET REPORT :

The BSE Sensex closed higher by 202.68 points or (1.37%) at 15,012.32 and NSE Nifty ended up by 59.35 points or (1.35%) at 4,453.45.

🙂

BSE Mid Caps and Small Caps closed with gains of 43.33 and 51.88 points at 5,477.38 and 6,360.27 respectively.

🙂

The BSE Sensex touched intraday high of 15,145 and intraday low of 14,928.18.

Among the Sensex pack 29 stocks ended in green territory and 1 stock ended in red territory.

🙂

The market breadth indicating the overall health of the market remained positive as 1525 stocks closed in green while 1145 stocks closed in red and 77 stocks remained unchanged in BSE.

🙂

The S&P CNX Nifty is up by 59.35 points or 1.35 % to 4453.45.

The NSE turnover was down Rs.13245.55 from last trading session’s Rs. 15985.07 crore.

🙂

NEWS UPDATES


-Unichem Laboratories overseas unit has got approval from the US drug regulator for a generic drug.

-Allied Digital Services said its board would meet on 28 August 2009 to consider stock split.

-Four auto stocks rose on reports the annual monsoon deficit has narrowed.

-IVRCL Infrastructure & Projects emerged as the lowest bidder for the 25-kilometer Sion-Panvel expressway project.

🙂

OUTLOOK

Market surprised everyone with strong gap up opening after the yesterday’s decline.

Technically, index is in consolidation, which indeed important prior to either side move.

🙂

Incidentally, all major indices were managed to close in green with Auto & Banking stocks placed at the top resultant positive market breadth too.

🙂

On the other hand, it retraced half of the gain in the later half of the trading session so we expect that it may take couple of session for clarity in the direction ahead.

🙂

SENTIMENT INDICATOR

PCR of index options is at 0.97 from last trading session’s 1.00

PCR of Stock options is at 0.31 from last trading session’s 0.42.

PCR of total F&O is at 0.94 from last trading session’s 0.97.

The advances are 613; declines are 385 and unchanged are 42.

The implied volatility has decreased to 32.15 from last trading session’s 33.65

🙂

TABLES

1.

Daily Equity Update

2.

sector watch

Comment: Auto & Bankex are the major gainers in day’s session !

3.

TRENDS OF INDIAN  MARKET INDICES

4.TRENDS OF WORLD MARKETS INDICES

🙂

POST MARKET

The BSE Sensex closed higher by 202.68 points or (1.37%) at 15,012.32 and NSE Nifty ended up by 59.35 points or (1.35%) at 4,453.45.

BSE Mid Caps and Small Caps closed with gains of 43.33 and 51.88 points at 5,477.38 and 6,360.27 respectively.

The BSE Sensex touched intraday high of 15,145 and intraday low of 14,928.18.

Among the Sensex pack 29 stocks ended in green territory and 1 stock ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1525 stocks closed in green while 1145 stocks closed in red and 77 stocks remained unchanged in BSE.

The S&P CNX Nifty is up by 59.35 points or 1.35 % to 4453.45.

The NSE turnover was down Rs.13245.55 from last trading session’s Rs. 15985.07 crore.

NEWS UPDATES

Unichem Laboratories overseas unit has got approval from the US drug regulator for a generic drug

Allied Digital Services said its board would meet on 28 August 2009 to consider stock split.

Four auto stocks rose on reports the annual monsoon deficit has narrowed.

IVRCL Infrastructure & Projects emerged as the lowest bidder for the 25-kilometer Sion-Panvel expressway project.

OUTLOOK

Market surprised everyone with strong gap up opening after the yesterday’s decline. Technically, index is in consolidation, which indeed important prior to either side move.

Incidentally, all major indices were managed to close in green with Auto & Banking stocks placed at the top resultant positive market breadth too.

On the other hand, it retraced half of the gain in the later half of the trading session so we expect that it may take couple of session for clarity in the direction ahead.

SENTIMENT INDICATOR

PCR of index options is at 0.97 from last trading session’s 1.00

PCR of Stock options is at 0.31 from last trading session’s 0.42.

PCR of total F&O is at 0.94 from last trading session’s 0.97.

The advances are 613; declines are 385 and unchanged are 42.

The implied volatility has decreased to 32.15 from last trading session’s 33.65

DAILY EQUITY UPDATE – 19th Aug 2009.

bonds risk

POST MARKET REPORT :

The BSE Sensex closed lower by 225.62 points or (1.50%) at 14,809.64 and NSE Nifty ended down by 64.80 points or (1.45%) at 4,394.10.

BSE Mid Caps and Small Caps closed with losses of 62.49 and 33.06 points at 5,434.06 and 6,308.69 respectively.

😦

The BSE Sensex touched intraday high of 15,096.94 and intraday low of 14,684.45.

Among the Sensex pack 27 stocks ended in red territory and 3 stocks ended in green territory.

🙂

The market breadth indicating the overall health of the market remained negative as 1490 stocks closed in green while 1134 stocks closed in red and 89 stocks remained unchanged in BSE.

🙂

The S&P CNX Nifty is down by 64.80 points or –1.45 % to 4394.10.

The NSE turnover was up Rs.15985.07 from last trading session’s Rs. 15795.70 crore.

🙂

NEWS UPDATES

Era Infra Engineering bagged an order worth Rs 46 crore.

Mega soft board approved selling its US-based Blue Ally division to Trianz Inc, USA for around $13-15 million

Apollo Tyres gained after a block deal of five lakh shares was executed on BSE at Rs 40.75 per piece.

Panacea Biotec bagged an order worth $222.37 million for supply of a vaccine.

🙂

OUTLOOK

Index opened on the flat note & retraced all the yesterday’s gains the day progressed.

It has strong resistance around 4480-4500 levels with the crucial support around 4340- 4320 levels & it almost tested both in today’s session.

🙂

Volatility remained very high throughout the session with market breadth ended strongly in red.

Keeping in view the intermarket perspective, global markets are also in the correction mood, which is likely to extend in the sessions to come, & accordingly our markets will follow through.

🙂

Support – 4350-4300

Resistance – 4450-4480

🙂

TABLES :

Daily Equity Update


sector watch

Comment- Metal & Oil &Gas are the major losers in the day’s session

😦

SENTIMENT INDICATOR

PCR of index options is at 1.00 from last trading session’s 0.93

PCR of Stock options is at 0.42 from last trading session’s 0.26.

PCR of total F&O is at 0.97 from last trading session’s 0.90.

The advances are 357; declines are 652 and unchanged are 30.

The implied volatility has decreased to 33.65 from last trading session’s 34.87

🙂

POST MARKET

The BSE Sensex closed lower by 225.62 points or (1.50%) at 14,809.64 and NSE Nifty ended down by 64.80 points or (1.45%) at 4,394.10. BSE Mid Caps and Small Caps closed with losses of 62.49 and 33.06 points at 5,434.06 and 6,308.69 respectively. The BSE Sensex touched intraday high of 15,096.94 and intraday low of 14,684.45. Among the Sensex pack 27 stocks ended in red territory and 3 stocks ended in green territory. The market breadth indicating the overall health of the market remained negative as 1490 stocks closed in green while 1134 stocks closed in red and 89 stocks remained unchanged in BSE. The S&P CNX Nifty is down by 64.80 points or –1.45 % to 4394.10.The NSE turnover was up Rs.15985.07 from last trading session’s Rs. 15795.70 crore.

NEWS UPDATES

Era Infra Engineering bagged an order worth Rs 46 crore.

Mega soft board approved selling its US-based Blue Ally division to Trianz Inc, USA for around $13-15 million

Apollo Tyres gained after a block deal of five lakh shares was executed on BSE at Rs 40.75 per piece.

Panacea Biotec bagged an order worth $222.37 million for supply of a vaccine.

OUTLOOK

Index opened on the flat note & retraced all the yesterday’s gains the day progressed. As we have mentioned in our last newsletters that it has strong resistance around 4480-4500 levels with the crucial support around 4340- 4320 levels & it almost tested both in today’s session. Volatility remained very high throughout the session with market breadth ended strongly in red. Keeping in view the intermarket perspective, global markets are also in the correction mood, which is likely to extend in the sessions to come, & accordingly our markets will follow through.

SENTIMENT INDICATOR

PCR of index options is at 1.00 from last trading session’s 0.93

PCR of Stock options is at 0.42 from last trading session’s 0.26.

PCR of total F&O is at 0.97 from last trading session’s 0.90.

The advances are 357; declines are 652 and unchanged are 30.

The implied volatility has decreased to 33.65 from last trading session’s 34.87

DAILY EQUITY UPDATE – 18 Aug 2009.

Equity Update

POST MARKET REPORT :

The BSE Sensex closed higher by 250.34 points or (1.69%) at 15,035.26 and NSE Nifty ended up by 71 points or (1.62%) at 4,458.90.

BSE Mid Caps and Small Caps closed with gains of 111.04 and 129.74 points at 5,496.55 and 6,341.45 respectively.

The BSE Sensex touched intraday high of 15,134.51 and intraday low of 14,740.26.

🙂

Among the Sensex pack 26 stocks ended in green territory and 4 stocks ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1741 stocks closed in red while 896 stocks closed in green and 78 stocks remained unchanged in BSE.

The S&P CNX Nifty is up by 71 points or 1.62 % to4458.90.

The NSE turnover was up Rs.15795.70 from last trading session’s Rs. 15425.56 crore.

🙂

NEWS UPDATES

– Moser Baer (India) launched two optical media products in India.

– Housing Development Finance Corporation plan to raise Rs 4000 crore through qualified institutions placements.

– Gammon India has been allowed to bid for the proposed Gurgaon metro, a private-consortium funded project.

– Bharti Airtel has received offers from more than a dozen offshore banks eager to finance its merger with South African mobile-phone company MTN Group.

🙂

OUTLOOK

After the yesterday’s strong decline, Index opened marginal on the positive note but retested the last session low & bounced sharply thereafter.

As expected, we witnessed technical bounce with market breadth strongly on the positive side but the volatility remained quite higher, which kept the traders at their tow throughout the session.

😦

Global markets also were trading in green, which boosted the possibility of gains sustainability in later, half as well.

We may expect that the bounce may continue in the next session too with selling pressure emerging around 4500+ levels.

🙂

Support – 4420-4380

Resistance – 4500-4540

🙂

TABLES :

Daily Equity Update

Sectors Watch

🙂

Comment- Realty & capital goods were the major gainers in day’s session 🙂

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