NSE – Indices – Pivot Point – 18/01/2012

NSE 17-Jan-12 18-Jan-12
0 0 0 0 Close S3 S2 S1 Pivot R1 R2 R3
Index
Major Indices : 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
S&P CNX NIFTY 4904.50 4975.55 4904.00 4967.30 4794.74 4866.29 4900.13 4937.84 4971.68 5009.39 5080.94
CNX NIFTY JUNIOR 9139.25 9302.50 9139.25 9262.10 8884.28 9047.53 9119.05 9210.78 9282.30 9374.03 9537.28
INDIA VIX 24.07 24.07 22.48 22.61 20.13 21.72 22.55 23.31 24.14 24.90 26.49
CNX 100 4772.90 4842.80 4772.90 4834.45 4665.96 4735.86 4768.73 4805.76 4838.63 4875.66 4945.56
S&P CNX DEFTY 3320.00 3386.10 3320.00 3380.75 3219.51 3285.61 3317.33 3351.71 3383.43 3417.81 3483.91
S&P CNX 500 3849.95 3907.80 3849.95 3900.00 3761.23 3819.08 3846.05 3876.93 3903.90 3934.78 3992.63
CNX MIDCAP 6648.00 6764.75 6648.00 6725.30 6463.01 6579.76 6628.28 6696.51 6745.03 6813.26 6930.01
NIFTY MIDCAP 50 1970.10 2011.05 1970.10 1998.90 1905.64 1946.59 1964.03 1987.54 2004.98 2028.49 2069.44
CNX SMALLCAP 2994.95 3050.40 2994.95 3030.05 2906.69 2962.14 2984.78 3017.59 3040.23 3073.04 3128.49
CNX 200
Other Indices : 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BANK NIFTY 9013.65 9114.45 9011.80 9056.70 8843.85 8946.50 8983.85 9049.15 9086.50 9151.80 9254.45
CNX AUTO 3589.70 3657.15 3587.35 3643.15 3479.74 3549.54 3581.53 3619.34 3651.33 3689.14 3758.94
CNX ENERGY 7196.30 7378.55 7196.30 7369.20 6920.59 7102.84 7191.63 7285.09 7373.88 7467.34 7649.59
CNX FMCG 10419.50 10505.55 10412.40 10483.05 10268.83 10361.98 10404.70 10455.13 10497.85 10548.28 10641.43
CNX INFRA 2382.25 2439.90 2382.25 2435.05 2294.56 2352.21 2379.83 2409.86 2437.48 2467.51 2525.16
CNX IT 6024.25 6068.10 6004.60 6041.00 5907.49 5970.99 6000.88 6034.49 6064.38 6097.99 6161.49
CNX MEDIA 1189.50 1201.80 1171.20 1175.35 1123.26 1153.86 1167.13 1184.46 1197.73 1215.06 1245.66
CNX METAL 2900.85 3015.45 2900.85 2984.90 2721.31 2835.91 2885.58 2950.51 3000.18 3065.11 3179.71
CNX MNC 4752.75 4876.00 4752.75 4867.00 4565.63 4688.88 4748.25 4812.13 4871.50 4935.38 5058.63
CNX PHARMA 4712.75 4763.65 4712.75 4745.20 4631.79 4682.69 4703.53 4733.59 4754.43 4784.49 4835.39
CNX PSE 2793.25 2842.65 2793.25 2838.45 2718.10 2767.50 2791.15 2816.90 2840.55 2866.30 2915.70
CNX PSU BANK 2962.65 3023.05 2962.65 3006.25 2867.85 2928.25 2954.25 2988.65 3014.65 3049.05 3109.45
CNX REALTY 213.05 222.80 213.05 220.35 197.81 207.56 211.83 217.31 221.58 227.06 236.81

Market Buzz: 29/12/2011

Market Buzz

  • India and Japan have signed a $15bn (£9.7bn) currency swap agreement as the two nations seek to boost financial co-operation.
  • OilMin refers RIL marketing margin issue to EGoM: The Petroleum Ministry has asked a ministerial panel to decide if Reliance Industries can charge a marketing margin over-and-above the government approved sale price for KG-D6 gas. (BS)
  • Kerala-based banks have increased interest rates on non-resident (external) rupee (NRE) term deposits for the second time in a week.
  • DLF and its joint venture partner Hubtown Ltd formerly known as Ackruti City Ltd, have sold their stake in a Pune SEZ for 810 Crore to PE firm Blackstone Group.
  • TVS Motor would launch automatic transmission scooters and motorcycles from 2013 with 20% better fuel efficiency. (BS)
  • Reliance Power will get around $1.5 billion from Chinese lenders for its upcoming 3,960-MW Tilaiya ultra-mega power project in Jharkhand, a top company official has said. (BS)\
  • M&M will raise prices of its XUV500 sport-utility vehicle by 3%-4% because of higher raw-material costs and a weaker rupee.
  • Glenmark Pharmaceuticals said it has received approval from Drug Controller General of India (DCGI) to conduct phase III trials for Crofelemer, aimed at treatment of acute diarrhoea in adults.
  • Punj Lloyd has bagged Rs 1,050 crore order from GMR Projects for upgrading the four-lane Chittorgarh bypass. (BS)
  • Sales at U.S. retailers rose 4.5 % last week from a year earlier, as shoppers snapped up last-minute purchases for Christmas and took advantage of some chains extending hours.
  • Italy will sell as much as 8.5 billion euros (yesterday it sold 9 million euros) in bonds today, one day after borrowing costs plunged at an auction of shorter-maturity debt.

FOR THE DAY: 20/12/2011

FOR THE DAY:

Trade short in Nifty below 4600 else from 4630 with stop loss placed at 4650 targeting 4580 and 4550 levels.  Alternatively, trade long in Nifty only above 4650 levels with stop loss placed at 4630 levels for targets of 4680 and 4700 levels.

Pivot Point for 02-07-2010

2-Jul-10 Pivot Point NSE
Symbol   LTP S3 S2 S1 Pivot Point R1 R2 R3
ABB 860.60 849.18 855.03 857.82 860.88 863.67 866.73 872.58
ACC 866.60 843.23 854.93 860.77 866.63 872.47 878.33 890.03
AMBUJACEM 113.05 108.98 111.28 112.17 113.58 114.47 115.88 118.18
AXISBANK 1233.65 1176.33 1203.28 1218.47 1230.23 1245.42 1257.18 1284.13
BHARTIARTL 265.05 253.83 258.98 262.02 264.13 267.17 269.28 274.43
BHEL 2427.70 2339.35 2384.10 2405.90 2428.85 2450.65 2473.60 2518.35
BPCL 660.30 619.00 641.70 651.00 664.40 673.70 687.10 709.80
CAIRN 296.85 282.28 290.28 293.57 298.28 301.57 306.28 314.28
CIPLA 335.25 326.03 331.28 333.27 336.53 338.52 341.78 347.03
DLF 283.85 273.97 279.02 281.43 284.07 286.48 289.12 294.17
GAIL 466.25 424.92 447.42 456.83 469.92 479.33 492.42 514.92
GRASIM 1845.40 1733.97 1787.27 1816.33 1840.57 1869.63 1893.87 1947.17
HCLTECH 363.40 348.82 355.67 359.53 362.52 366.38 369.37 376.22
HDFCBANK 1907.40 1841.30 1876.00 1891.70 1910.70 1926.40 1945.40 1980.10
HINDALCO 142.95 136.82 139.72 141.33 142.62 144.23 145.52 148.42
HDFC 2915.40 2838.13 2876.73 2896.07 2915.33 2934.67 2953.93 2992.53
HEROHONDA 2020.15 1947.18 1988.98 2004.57 2030.78 2046.37 2072.58 2114.38
HINDUNILVR 272.50 252.40 261.20 266.85 270.00 275.65 278.80 287.60
ICICIBANK 841.45 804.10 824.55 833.00 845.00 853.45 865.45 885.90
IDEA 59.75 56.25 57.85 58.80 59.45 60.40 61.05 62.65
IDFC 182.30 167.38 174.23 178.27 181.08 185.12 187.93 194.78
INFOSYSTCH 2767.05 2689.68 2729.68 2748.37 2769.68 2788.37 2809.68 2849.68
ITC 303.00 293.58 298.13 300.57 302.68 305.12 307.23 311.78
JINDALSTEL 613.50 592.67 603.87 608.68 615.07 619.88 626.27 637.47
JPASSOCIAT 128.00 121.67 124.67 126.33 127.67 129.33 130.67 133.67
LT 1794.15 1755.47 1775.42 1784.78 1795.37 1804.73 1815.32 1835.27
M&M 615.15 585.22 602.32 608.73 619.42 625.83 636.52 653.62
MARUTI 1400.90 1313.13 1357.43 1379.17 1401.73 1423.47 1446.03 1490.33
NTPC 199.95 190.52 195.12 197.53 199.72 202.13 204.32 208.92
ONGC 1302.30 1214.78 1265.03 1283.67 1315.28 1333.92 1365.53 1415.78
PNB 1020.35 939.15 981.85 1001.10 1024.55 1043.80 1067.25 1109.95
POWERGRID 103.25 100.17 101.72 102.48 103.27 104.03 104.82 106.37
RANBAXY 460.60 442.95 452.50 456.55 462.05 466.10 471.60 481.15
RCOM 192.25 181.92 187.82 190.03 193.72 195.93 199.62 205.52
RELCAPITAL 751.55 722.42 737.32 744.43 752.22 759.33 767.12 782.02
RELIANCE 1076.25 1036.67 1056.52 1066.38 1076.37 1086.23 1096.22 1116.07
RELINFRA 1210.70 1120.53 1161.23 1185.97 1201.93 1226.67 1242.63 1283.33
RPOWER 169.55 163.17 166.72 168.13 170.27 171.68 173.82 177.37
SAIL 189.25 182.60 186.35 187.80 190.10 191.55 193.85 197.60
SBIN 2262.25 2181.75 2226.75 2244.50 2271.75 2289.50 2316.75 2361.75
SIEMENS 715.65 679.90 700.75 708.20 721.60 729.05 742.45 763.30
STER 164.10 155.08 160.13 162.12 165.18 167.17 170.23 175.28
SUNPHARMA 1752.65 1681.22 1720.22 1736.43 1759.22 1775.43 1798.22 1837.22
SUZLON 57.35 56.13 56.78 57.07 57.43 57.72 58.08 58.73
TATAMOTORS 762.75 730.10 749.05 755.90 768.00 774.85 786.95 805.90
TATAPOWER 1309.90 1247.90 1276.50 1293.20 1305.10 1321.80 1333.70 1362.30
TATASTEEL 475.00 450.25 464.00 469.50 477.75 483.25 491.50 505.25
TCS 732.00 687.42 711.67 721.83 735.92 746.08 760.17 784.42
UNITECH 72.70 69.70 71.30 72.00 72.90 73.60 74.50 76.10
WIPRO 375.15 353.28 365.18 370.17 377.08 382.07 388.98 400.88

Alert Messages

“17-05-2010 08:58:45BSE EQUITIES MARKET OPENED ”

“17-05-2010 08:58:45BSE EQUITIES MARKET OPENED ”

“17-05-2010 08:58:45Options Exercise is now open for contracts in Normal market for 17 MAY 2010.”

“17-05-2010 08:58:45The Normal market has opened.”

“17-05-2010 08:58:45Options Exercise is now open for contracts in Normal market for 17 MAY 2010.”

“17-05-2010 08:58:45The Normal market has opened.”

“17-05-2010 08:59:00Global Indices: DOW:10620.16(-162.79); Nasdaq:2346.85(-47.51); HangSeng:19676.86(-468.57),

Nikkei:10255.01(-207.50),SGXNifty:5010.50(-59)..Karvy F&O Desk Hyd.”

“17-05-2010 08:59:06MV1: Trade short in Nifty from 5040-5050 for targets of 5000 and 4950 levels with stoploss placed above 5100.

MV2:Key supports: 5000/4950

Key resistances: 5100/5150

Stocks in Ban: ABAN, Balrampur Chini and Renuka..Karvy F&O Desk Hyd.”

“17-05-2010 09:11:48Buy TUBEINVEST: Cmp: 104; SL: 100; Tgts: 110-112; TF: 5-8 days”

“17-05-2010 09:13:14USDINR May: Important resistance is at 45.80/45.83 now. A breach of the same would be required to see a move higher towards 46.02 levels. Dips would find support at 45.42 followed by 45.30 levels now”

“17-05-2010 09:13:18 GBPINR May: Could move higher in correction from here towards resistance at 65.65 or even 66.00 l levels while 65.09 holds. Rallies could be capped at these resistance levels for a move lower again.”

“17-05-2010 09:17:38Buy SUJANATOW: 55.55; SL: 53; Tgts: 60-61; TF: 6-8 days”

“17-05-2010 09:18:03 EURINR May: Support at 56.00/55.88 levels now. We favor a corrective pullback towards 56.35 or even 56.75 while support holds. A direct fall below 55.88 could open the downside for 55.35 levels”

“17-05-2010 09:21:09Buy BAJAJFINSV 544.40; SL: 538; Tgts: 555-560; Intraday”

“17-05-2010 09:34:18Buy EKC: 137; SL: 134; Tgts: 142-144; TF: 6-7 days”

“17-05-2010 09:46:42Buy GESHIP: 300; SL: 295; Tgts: 310-312; TF: 5-8 days”

“17-05-2010 09:49:30Nifty Index Futures: Sell Nifty May Fut @ 5000-5004 SL: 5020(Spot) TF: Intraday….Karvy F&O Desk Hyd.

MINI-Nifty Index Futures: Sell MINI-Nifty May Fut @ 5000-5004 SL: 5020(Spot) TF: Intraday….Karvy F&O Desk Hyd.”

“17-05-2010 09:53:05CARBORUNIV: 193.50. Accumulate for Tgts: 199-202”

“17-05-2010 10:05:09Buy CHOLADBS: 125.50; SL: 121.50; Tgts: 130-132; TF: 7-8 days”

“17-05-2010 10:18:59Nifty Index Futures: Book Profits in Nifty May Fut Short @ 4970-4974….Karvy F&O Desk Hyd.

MINI-Nifty Index Futures: Book Profits in MINI-Nifty May Fut Short @ 4970-4974….Karvy F&O Desk Hyd.”

“17-05-2010 10:25:39Intraday Stock Futures: Sell Tata Steel May Fut @ 527-529 SL: 534(Spot) TF: Intraday….Karvy F&O Desk Hyd.”

“17-05-2010 10:38:42Buy DIVISLAB: 700; SL: 695; Tgts: 710-713; TF: 5-7 days ”

“17-05-2010 10:57:26

Nifty Index Futures: Sell Nifty May Fut @ 4974-4978 SL: 5000(Spot) TF: Intraday….Karvy F&O Desk Hyd.

MINI-Nifty Index Futures: Sell MINI-Nifty May Fut @ 4974-4978 SL: 5000(Spot) TF: Intraday….Karvy F&O Desk Hyd.”

“17-05-2010 11:08:01Buy HINDDORROL: 120; SL: 116.50; Tgts: 125-126; TF: 5-7 day”

“17-05-2010 11:23:25Buy ZYDUSWELL: 399.10; SL: 394; Tgts: 407-410; TF: 4-5 days”

“17-05-2010 11:28:29USDINR May: sell at cmp 45.7000 and rest at 45.7300, s/l 45.7800 for t/p 45.55”

“17-05-2010 11:35:43 EURINR MAy: buy at cmp 56.1450 and rest at 56.1200, s/l 56.0650 for t/p 56.2900”

“17-05-2010 11:49:35 eurinr may: buy call given. book part t/p at cmp 56.2225”

“17-05-2010 11:49:35 eurinr may: buy call given. book part t/p at cmp 56.2225”

“17-05-2010 12:15:14 EURINR May: buy call full t/p has hit at 56.2900”

“17-05-2010 12:15:21 EURINR May: buy call full t/p has hit at 56.2900”

“17-05-2010 12:38:09Nifty Index Futures: Exit Nifty May Fut Short @ 4994-4998….Karvy F&O Desk Hyd.

MINI-Nifty Index Futures: Exit MINI-Nifty May Fut Short @ 4994-4996….Karvy F&O Desk Hyd.”

“17-05-2010 12:41:31Buy KALECONSUL: 117; SL: 113.50; Tgts; 124-125; TF: 5-7 days”

“17-05-2010 12:44:08KOTAKBANK: 767; SL: 762; Tgts: 775-778; Intraday”

“17-05-2010 12:46:02KALECONSUL: 118. Accumulate for Tgts: 124-125”

“17-05-2010 12:50:51KALECONSUL: 119.70 !! Accumulate for Tgts: 125-127”

“17-05-2010 12:53:39KALECONSUL: 121 !! TGTS: 127-130”

“17-05-2010 12:55:59Buy COROMANDEL: Cmp: 407; SL: 401.50; Tgts: 415-420; TF 3-5 days”

“17-05-2010 12:59:20EIDPARRY: Call intd @ 359 on 14/05. CMP: 369 !!!”

“17-05-2010 13:02:09Intraday Stock Futures: Exit Tata Steel May Fut Short @ 534-535….Karvy F&O Desk Hyd.”

“17-05-2010 13:02:49KALECONSUL: Call intd @ 117 today. 123.40 !!!!! TGTS: 128-130”

“17-05-2010 13:08:35Buy SHASUNCHEM: 61; SL: 58.50; Tgts: 65-66; TF: 7-10 days”

“17-05-2010 13:13:43TUBEINVEST: Call intd @ 104 today. Cmp: 106 !!. Tgts: 111-113”

“17-05-2010 13:21:48EIDPARRY: Call intd @ 359 on 14/05. CMP: 370 !!!”

“17-05-2010 13:27:26BGRENERGY: Call intd @ 595. Cmp: 603.50 !!”

“17-05-2010 13:28:28KOTAKBANK: Intraday call intd @ 767. Cmp: 773 !!”

“17-05-2010 13:29:17KALECONSUL: Call intd @ 117 today. 125 !!!!!”

“17-05-2010 13:31:39Buy BFUTILITIE: Cmp: 817; SL: 811; Tgts: 835-837; TF: 3-5 days”

“17-05-2010 13:35:29KALECONSUL: Call intd @ 117 today. 127 !!!!! ”

“17-05-2010 13:35:29Buy HITACHIHOM: 267.50 SL: 262 Tgts: 277-283; TF: 5-6 days”

“17-05-2010 13:38:15TUBEINVEST: 106.80 !! Accumulate for Tgts: 110-112”

“17-05-2010 13:39:35WHIRLPOOL: Cmp: 209 !!! Accumulate for Tgtsg: 215-217”

“17-05-2010 13:40:41WHIRLPOOL: Cmp: 213 !!! Tgtsg: 220-223”

“17-05-2010 13:40:56WHIRLPOOL: Cmp: 213 !!! Accumulate for Tgts: 220-223”

“17-05-2010 13:41:45WHIRLPOOL: Cmp: 222 !!! Accumulate for Tgts: 227-230”

“17-05-2010 13:43:01Buy LICHSGFIN: 950; SL: 944; Tgts: 965-969; TF: 3-5 days”

“17-05-2010 13:44:32WHIRLPOOL: Call intd @ 209 today. Cmp: 234 !!!!”

“17-05-2010 13:45:32HITACHIHOM: Call given @ 267.50 today. CMP: 291 !!!!”

“17-05-2010 13:48:39WHIRLPOOL: Call intd @ 209 today. Cmp: 237 !!!!”

“17-05-2010 13:49:17HITACHIHOM: Call given @ 267.50 today. CMP: 294 !!!!”

“17-05-2010 13:49:48ZYDUSWELL: Call intd @ 399.10. Cmp: 402.60 !! Tgts: 410-415”

“17-05-2010 13:55:51KOTAKBANK: Intraday call intd @ 767. Cmp: 776 !!”

“17-05-2010 13:55:59KOTAKBANK: Intraday call intd @ 767. Cmp: 777 !!”

“17-05-2010 13:58:09WHIRLPOOL: Call intd @ 209 today. Cmp: 241.10 !!!! CIRCUIT !!!”

“17-05-2010 13:59:14GESHIP: Call intd @ 300 today. CMP: 303 !! Accumulate for TGTS: 312-315”

“17-05-2010 14:02:18GESHIP: Call intd @ 300 today. CMP: 305 !! TGTS: 312-315”

“17-05-2010 14:03:01HITACHIHOM: Call given @ 267.50 today. CMP: 307 !!!!”

“17-05-2010 14:08:28Buy SPARC: Cmp: 92.80; SL: 89.75; Tgts: 98-100; TF: 7-10 days”

“17-05-2010 14:11:23Buy MPHASIS: 660; SL: 654; Tgts 675-680; TF: 5-7 days”

“17-05-2010 14:12:26BGRENERGY: Call intd @ 595 today. Cmp: 607 !!!”

“17-05-2010 14:21:05Buy TVSMOTOR: 99; SL: 96.25; Tgts: 104-105; TF: 7-10 days”

“17-05-2010 14:22:30KOTAKBANK: Intraday call intd @ 767. Cmp: 779 !!”

“17-05-2010 14:25:08ZYDUSWELL: Call intd @ 399.10. Cmp: 407 !!!”

“17-05-2010 14:28:24EKC: Call intd @ 137. Cmp: 139.15 !! Tgts: 145-146”

“17-05-2010 14:30:36LICHSGFIN: Call intd @ 950. Cmp: 955 !! Tgts 965-970”

“17-05-2010 14:33:38Buy SESAGOA: 385 SL: 379; Tgts: 395-398; TF: 5-7 days”

“17-05-2010 14:37:42KOTAKBANK: Intraday call intd @ 767. Cmp: 780 !!”

“17-05-2010 14:40:59SESAGOA: Call intd @ 385. Cmp: 391 !!!”

“17-05-2010 14:42:40Buy DCM: 50.50 SL: 47.75; Tgts: 55-56; TF: 5-7 days”

“17-05-2010 14:43:03BGRENERGY: Call intd @ 595. Cmp: 609 !!!!”

“17-05-2010 14:44:11EKC: Call intd @ 137 today. Cmp: 140 !!”

“17-05-2010 14:44:52COROMANDEL: Call intd @ 407. Cmp: 410.50 !! Tgts: 417-420”

“17-05-2010 14:46:03Buy TATACOFFEE: 419; SL: 412; Tgts: 430-435; TF: 3-5 days”

“17-05-2010 14:46:03Ratio spread on Tata Motors: Buy One May 800 CA @ 19-20 & Sell One May 820 CA @ 12.50-13.00 & Sell One May 840 CA @ 7.50-8.00; UBEP: 860; Max loss on downside: nil; Max profit: Rs 20(premium) between 820 and 840; TF: 6-7 days…Karvy F&O Desk

“17-05-2010 14:46:08Buy TATACOFFEE: 419; SL: 412; Tgts: 430-435; TF: 3-5 days”

“17-05-2010 14:48:15COROMANDEL: Call intd @ 407. Cmp: 413 !!!”

“17-05-2010 14:49:32LICHSGFIN: Call intd @ 950. Cmp: 964 !!!”

“17-05-2010 14:50:43LICHSGFIN: Call intd @ 950. Cmp: 965 !!!”

“17-05-2010 14:52:01Buy BANKINDIA: Cmp: 329.30; SL: 324; Tgts: 337-341; TF: 5-7 days”

“17-05-2010 14:53:57BTST: BOMDYEING: 539; SL: 534; Tgts: 550-552”

“17-05-2010 14:58:25ZYDUSWELL: Call intd @ 399.10. Cmp: 412 !!!”

“17-05-2010 15:00:40EKC: Call intd @ 137. Cmp: 141 !!!”

“17-05-2010 15:06:55Buy CIPLA: Cmp: 314.20; SL: 309; Tgts: 322-325; TF; 7-9 days”

“17-05-2010 15:10:34EKC: Call intd @ 137. Cmp: 143 !!!”

“17-05-2010 15:12:59BFUTILITIE: Cmp: 810.70. Accumulate for Tgts: 835-837”

“17-05-2010 15:14:16Buy GARWALLROP: Cmp: 78.20; SL: 73; Tgts: 83-85; TF: 7-10 days”

“17-05-2010 15:23:19BTST: AUROPHARMA: 929; SL: 923; Tgts: 945-948”

“17-05-2010 15:26:27DIVISLAB: Call intd @ 700. Cmp: 705 !!”

“17-05-2010 15:27:06MPHASIS: Call intd @ 660. Cmp: 665 !!”

“17-05-2010 15:27:51EKC: Call intd @ 137. Cmp: 143.75 !!! TGTS: 148-150”

“17-05-2010 15:28:01EKC: Call intd @ 137. Cmp: 144 !!! TGTS: 148-150”

“17-05-2010 15:28:46The regular segment has closed for 17 MAY 2010.”

“17-05-2010 15:28:46The Normal market has closed for 17 MAY 2010.”

“17-05-2010 15:28:46The Normal market has closed.”

“17-05-2010 15:28:46The Normal market has closed.”

“17-05-2010 15:28:51BSE EQUITIES MARKET CLOSED ”

“17-05-2010 15:29:36BSE EQUITIES MARKET CLOSED ”

“17-05-2010 15:38:51BSE EQUITIES MARKET OPENED ”

“17-05-2010 15:39:11BSE EQUITIES MARKET OPENED ”

“17-05-2010 15:48:47The Closing Session has opened.”

“17-05-2010 15:48:47The Closing Session has opened.”

“17-05-2010 15:58:45The Closing Session has closed.”

“17-05-2010 15:58:45The Closing Session has closed.”

“17-05-2010 15:59:35BSE EQUITIES MARKET CLOSED ”

FOR THE DAY (24-12-2009)

FOR THE DAY:

 The indices are expected to open on a positive note today tracking positive global indices.

Traders are advised to trade long if Nifty holds 5150 levels else from 5100 levels with stop loss placed at 5080 for targets of 5180/5200 levels.

Headlines (20-11-2009)

Date: 20 November 2009
 
Thought for the day
 
“You’ve got to get up every morning with determination if you are going to go to bed with satisfaction.”
 
 –George Horace Loriman
 
 GENERAL
 
 1)Notwithstanding the continuing rise of crude oil prices in the international market that have touched the highest mark this year, the Petroleum and Natural Gas Ministry on Thursday ruled out any immediate plans to raise petrol and diesel prices.
 
Hindu

ECONOMY
 
2)THE annual inflation for food items inched up to 14.6% for the week ended November 7 on account of dearer pulses, vegetables, cereals and diary products, a release by the commerce ministry on Thursday showed. Annual inflation for food items was at 10% in corresponding week last year. The government has shifted to a system of reporting the wholesale price index for only food and fuel categories. The entire WPI will now be released only once a month.

ET

3)With a staggering wealth of $32 billion(about Rs 1.5 lakh crore), industrialist Mukesh Ambani is the richest Indian, followed by steel tycoon Lakshmi Mittal and Anil Ambani, business magazine Forbes said on Thursday in its annual rich list for the country.

FE

CORPORATE / INDUSTRY
 
4)RELIANCE Industries may be the biggest corporate brand in India, but Bharti Airtel is the strongest. The country’s largest mobile operator is the only corporate brand to be awarded the AAA rating, or “extremely strong”, in Brand Finance’s Brand Power Rating(BPR). BPR reflects a brand’s strength in the marketplace compared to its competitors and how effectively a company converts this into business results, while brand value is the proportion of a company’s overall value directly attributable to the use of its trademark. Airtel has managed to improve its brand strength in spite of increasing competition at the marketplace, from AA+.

ET

5)SUZLON Energy, the world’s third-largest maker of wind turbines, said late Thursday that it has sold a 35% stake in subsidiary, Hansen Transmission, for $370 million(or Rs 1,720 crore at current exchange rates), as part of its efforts to reduce debt.

ET

6)Pollution control equipment maker Thermax today said it has bagged an order worth Rs 477.77 crore from an Orissa-based company for construction of a captive power plant. According to the contract, the company would be providing various systems, including air pollution control, water treatment and effluent treatment units for the power plant, Thermax said in a filing to the BSE.

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7)JSW Steel on Thursday announced a strategic alliance with Japan’s second-largest steelmaker JFE Steel Corporation, but the markets were disappointed that the pact does not immediately involve the acquisition of an equity stake in the Indian company.

ET

8)McNally Bharat Engineering Company today said it has bagged an order worth Rs 306.45 crore for engineering related works at Rourkela Steel plant. The company received the order for various works including design and erection of ‘New Coal Handling Plant’ at Rourkela Steel Plant, McNally Bharat said in a filing to the BSE.

BL

MONEY & BANKING
 
9)THE rupee weakened on Thursday tracking largely weaker Asian currencies, with a steady dollar against majors also hurting sentiment. The dollar hovered near the year’s lows against a basket of currencies on Thursday after slipping the previous day as economic indicators and a Fed official reinforced the view that US rate hikes are far away. The rupee ended at 46.69 against the dollar, weaker than its Wednesday’s close of 46.20.

ET

10)A day after the Government asked state-owned banks to look at creating a few big banks through mergers and acquisitions, Canara Bank said on Thursday that it was scouting for domestic acquisition opportunities.

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11)Even as the days of cheaper rates are numbered, banks are trying to woo their customers for used cars with lower interest rates. HDFC Bank on Thursday slashed its interest rates on used cars from 15 to 13.5%. The move is expected to induce other banks to revisit their rates in this segment.

FE
 
MARKETS
 
12)The domestic equity bourses fell on concerns that the government might take steps to curb capital inflow if foreign investment surge prompts overseas investors to book profits. The 30 share Sensex of the BSE lost 213.13 points or 1.25% to end the day at 16,785.65 points. The broader S&P CNX Nifty of the NSE ended the trading session at 4,989, losing 1.30% or 65.70.

FE

13)The Power Finance Corp stock gained 3.2 per cent to Rs 253.80 after the company announced that it entered a joint venture agreement with NTPC, Power Grid Corporation of India and Rural Electrification Corporation for formation of a public limited company.

BS

14)The Amrit Banaspati stock gained 20 per cent upper limit of circuit filter closed at an all-time high of Rs 92.85 on hopes that the government might re-impose custom duty on edible oils.

BS
 
COMMODITIES
 
15)Agri-commodity exchange NCDEX on Thursday launched futures trading in platinum in an endeavour to widen its presence in the metal segment. A total of four contracts in platinum were offered for trading on Thursday, of which the first contract will expire next month, while the rest three in March.

ET

16)Gold and silver retreated from record highs on the bullion market on Thursday on reduced off-take. Silver ready (.999 fineness) dropped by Rs 265 a kg to Rs 28,695. Standard gold(99.5 purity) dropped Rs 15 for 10 gm to Rs 17,190. Pure gold(99.9 purity) fell Rs 20 for 10 gm to Rs 17,280.

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17)SOYABEAN prices have jumped up to 20% in major spot markets in a month as traders and farmers are not offloading the commodity anticipating a further rise in rates.

ET
 
COMMUNICATIONS
 
18)THE largest telecom operator in India Bharti Airtel has slipped to third positions in terms of monthly additions, according to figures released by Auspi and COAI. Bharti Airtel in October added about 2.7 million new users, lower than 2.9 million added by Vodafone Essar and over 3.8 million added by Tata Teleservices.

ET
 
BUSINESS PROCESS OUTSOURCING
 
19)Indian BPO firms are now looking beyond Mexico in Latin America to set up their near-shore delivery centres. Countries such as Costa Rica and Nicarague, among others, have emerged as new destinations for the Indian vendors to serve clients in North America.

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INFORMATION TECHNOLOGY
 
20)FOR India’s top tech firms seeking to take the inorganic growth route in the US and European markets, successful acquisitions are becoming harder to come by as potential targets demand high valuations. Cultural barriers in several countries also act as a bottleneck.

ET

21)Notwithstanding the speculation that continues over the stake sale of the Patni brothers(who hold 48.3 per cent) and General Atlantic (which holds 18 per cent) which its management consistently denies, Patni Computer Systems says it hopes to become the first company in the country to host all its information technology services on the cloud (a metaphor for the internet).

BS

INTERNATIONAL
 
22)Oil traded near $80 a barrel in New York after rising yesterday as a government report showed US crude and fuel supplies dropped along with refinery production and imports. Oil reached a one- week high of $80.33 on Wednesday after the Energy Department said crude inventories declined 887,000 barrels to 336.8 million last week.

ET

23)JP Morgan Chase & Co, the second-largest US bank, agreed to buy the half of Cazenove it didn’t already own for 1 billion pounds ($1.7 billion), sealing the takeover of a 190-year-old British brokerage whose clients include the Queen of England.

FE

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