Wednesday, May 31, 2006

Indian Stock Market - Morning Update (Thursday)

The global markets are looking healthy this morning, Dow is up 0.67%, Nasdaq is up 0.64%. Today morning Asian markets are also seen in the same mood, Nikkei is up 0.86%, SSE Index is up 2% and FTSE 100 is up 1.27%.
With these global ques we can expect a positive trend in Dalal street today, the Indian GDP growth number whic were released yesterday may pump some energy in to the markets.


Indian ADR's
All Indian ADR'S closed mostly in green,
Technology :
Infosys 70.60 +0.89 +1.28%
Satyam 32.17 +0.80 +2.55%
Wipro 11.99 -0.01 -0.08%
Patni 15.70 -0.02 -0.13%

Banking ADRs:
HDFC Bank 52.94 -0.20 -0.38%
ICICI Bank 26.60 +0.27 +1.03%
Others:
VSNL 16.74 -0.35 -2.05%
Dr. Reddy's Lab 29.00 +0.24 +0.83%
Tata Motors 16.80 +0.26 +1.57%
MTNL 7.34 0.00 0.00%


Global Indices:

America
DOW 11,168.31 +73.88 +0.67%
NASDAQ 2,178.88 +14.14 +0.65%
MXX 18,661.080 -180.260 -0.96%

Europe
FTSE 100 5,723.80 +71.80 +1.27%

Asia

China
HAND SENG Index 15,881.12 +23.23 +0.15%
SSE Composite 1,674.272 +32.972 +2.01%

Japan
Nikkei 15,600.49 +133.16 +0.86%

Taiwan
TSEC weighted index 6,890.68 +43.73 +0.64%

Jakartha
Composite Index 1,340.291 +10.295 +0.77%


NEWS:
- Dr Reddy`s prunes losses, offers 1:1 bonus
- Infosys plans to have 5,000 in China in 5 years


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Dalal street slips again, down 388 points

The Global markets were negative when Sensex opened today, and with the current bearish sentiment already ruling the market, Sensex started with negative note and continued the negative sentiment. At about 01:00 pm the Sensex saw a huge fall of 675 points due to heavy selling across the board. Later the Sensex started recovering and finally ended at day down -388 points at 10,398.



Sensex and Key Indices


Day's Range : 10,111 - 10,679
SENSEX 10399 -388 -3.6%
BSE-100 5385 -188 -3.37%
BSE-200 1290 -44 -3.28%
BSE-500 4158 -140 -3.25%
BSESMLCAP 6364 -269 -4.06%
BSE TECk 2453 -88 -3.44%
BSE PSU 5236 -202 -3.72%
BSE AUTO 4812 -97 -1.97%
BSE BANKEX 4770 -199 -4%
BSE FMCG 1890 -96 -4.85%
BSE IT 3643 -138 -3.66%
BSE METAL 8670 -390 -4.31%
BSE OIL&GAS 5085 -103 -1.98%


Nifty closed at 3071 down -114 points or -3.59%

Nifty and Key Indices

Day's Range : 2972 - 3,181
CNX Nifty Junior : 5827 -2.32%
CNX IT : 3869 -3.86%
CNX 100 : 2998 -3.40%
Bank Nifty : 4123 -3.53%


Top Gainers:
NO Gainers in Nifty :(

Top Losers:
NATIONALUM 223 -6.76%
ITC 165 -6.29%
MTNL 158 -6.08%
DABUR 135 -5.76%
ICICIBANK 538 -5.69%


News:
- GDP growth up 8.4 pc in 2005-06
- Hero Honda net up 29%; plans 3rd plant in Jaipur
- Hero Honda to launch 8 bikes this year
- M&M in three-way JV in Russia for Scorpio
- SAIL likely to buy Malavika Steel`s plant


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Tuesday, May 23, 2006

Dalalstreet recovers,up 341 points

The Global markets were negative when Sensex opened today, it saw some positive action at the early trading hours and gained about 119 points , Then index tumbled in to the negative zone and was at one point down -297 points, with some good buying interest at lower levels and investors who felt they missed the bull run got in and moved the Sensex up +341 points or +3.25% to close at 10,823.
BSE Metal Index was up 7.35% and BSE PSU was up 4.13%.


Sensex and Key Indices

Day's Range : 10,185 - 10,822
SENSEX 10,822.78 341.01 3.25%
BSE-100 5,574.23 192.01 3.57%
BSE-200 1,330.60 46.76 3.64%
BSE TECk 2,483.63 79.06 3.29%
BSE PSU 5,497.90 217.83 4.13%
BSE AUTO 4,978.41 126.18 2.6%
BSE BANKEX 5,000.67 116.27 2.38%
BSE FMCG 1,985.46 46.86 2.42%
BSE IT 3,674.15 109.14 3.06%
BSE METAL 8,683.33 594.31 7.35%
BSE OIL&GAS 5,272.82 199.17 3.93%


Nifty closed at 3,199 up +118 points or 3.83%

Nifty and Key Indices

Day's Range : 2,997 - 3,221
CNX Nifty Junior : 5843 5.11%
CNX IT : 3936 3.54%
CNX 100 : 3106 4.01%
Bank Nifty : 4326 2.62%


Top Gainers:
SAIL 77.7 16.67
MTNL 165 10
TATACHEM 225.05 9.78
ZEETELE 249.5 9.72
TATASTEEL 510.75 8.46

Top Losers:
HEROHONDA 793.65 -2.48
M&M 616.8 -1.45
JETAIRWAYS 754.85 -1.07
CIPLA 225.45 -0.77
HDFCBANK 781.2 -0.73


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Monday, May 22, 2006

Indian Stock Market - Morning Update (Tuesday)

The global markets are looking weak today, Dow is down -0.17%, Nasdaq is down -0.96%. Today morning Asian markets are also seen in the same mood, Nikkei is down -1.38, Taiwan Index is down -0.87 and FTSE 100 is down -2.2%.
Indian stock market is increasingly being influenced by global markets.

NOTE: This Thursday being the last Thursday of the month, will be the F&O settlements day.


Indian ADR's
All Indian ADR'S closed in red,
Technology :
Infosys 70.08 -3.78 -5.12%
Satyam 31.99 -0.72 -2.20%
Wipro 11.77 -1.06 -8.26%
Patni 15.00 -0.47 -3.04%

Banking ADRs:
HDFC Bank 55.81 -1.88 -3.26%
ICICI Bank 26.33 -0.95 -3.48%
Others:
VSNL 16.99 -0.79 -4.44%
Dr. Reddy's Lab 30.61 -1.82 -5.61%
Tata Motors 16.74 -1.46 -8.02%
MTNL 6.79 -0.50 -6.86%


Global Indices:
America
DOW 11,125.33 -18.73 -0.17%
NASDAQ 2,172.86 -21.03 -0.96%
MXX 19,369.289 -812.852 -4.03%

Europe
FTSE 100 5,532.70 -124.70 -2.20%

Asia

China
HAND SENG Index 15,784.25 -21.27 -0.13%
SSE Composite 1,636.704 -20.985 -1.27%

Japan
Nikkei 15,639.25 -218.62 -1.38%

Taiwan
TSEC weighted index 6,878.06 -60.20 -0.87%

Jakartha
Composite Index 1,285.107 -23.938 -1.83%


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Black-Dark Monday on Dalal Street, Sensex & Nifty down by 10%

Lead with weak global markets , Sensex opened in a negative mood and soon started declining. There was selling all over the board, Sensex lots ground and went below 10,000 mark. Sensex was down 1,112 points or -10.16% and NSE was down 350 points when both BSE and NSE were forced to suspend trading, this was at 11:55.
The markets again opened at 12:55 and saw a bit of recovery and now trading at 10,308 and NSE is trading at 3,055 down -5%.
The FII's and Foreign funds have been actively selling.

Here is the Spanshot of the BSE Indices:
BSE 100 : 5,284 -352.04 -6.25%
BSE 200 : 1,259 -89.61 -6.64%
BSE MidCap : 4,787 -505.67 -9.55%
BSE SmallCap : 6,208 -595.17 -8.75%
BSE PSU : 5,165 -437.20 -7.80%
BSE Auto : 4,764 -338.48 -6.63%
BSE BankEx : 4,759 -249.15 -4.97%
BSE FMCG : 1,906 -105.91 -5.26%
BSE IT : 3,561 -171.49 -4.59%
BSE Metal : 7,902 -802.11 -9.21%
BSE Oil&Gas : 5,033 -353.07 -6.55%


Here is the Spanshot of the NSE Indices:
CNX Nifty Junior : 5363 -10.19%
CNX IT : 3841 -4.61%
BANK Bifty : 4149 -4.18%
CNX 100 : 2958 -6.24%


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Tuesday, May 16, 2006

Indian Stock Market - Evening Update (Tuesday)

The Global markets were negative when Sensex opened today, it saw some positive action at the early trading minutes and gained about 39 points, Then index tumbled to a low of 11,379 down 499 points at about 11:30 due to heavy profit booking. At this point few stocks took heavy beating.
Tata Steel -9%
Hindalco -6.7%
Reliance Energy -6.4%
L&T -6%
Grasim -6%
NTPC -5.4%
Cipla -5.3%
BHEL -5%
TATA Power -4%
Then slowly the indices started recovering with some buying support,went on to gain about 100 points and finally ended the day up 51 points or 0.44% at 11,873 points. Major gainers were Gujrat Ambuja 7.5%,Hindalco was up 3.15% and RIL was up 2%.BSE Oil&Gas was up 0.65% and BSE Metal was down -0.5%


Sensex
Day's Range : 11,378 - 11,954
BSE 100 : 6,143.04 15.22 0.25%
BSE MidCap : 5,699.66 -76.02 -1.32%
BSE SmallCap : 7,335.92 -133.54 -1.79%
BSE BankEx : 5,415.55 -56.76 -1.04%


Nifty closed at 3,523 up 20 points or 0.58%

Nifty
Day's Range : 3,687 - 3,774
CNX Nifty Junior : 6653 -0.61%
CNX IT : 4308 0.07%
CNX 100 : 3437 0.40%
Bank Nifty : 4685 -0.59%


Top Gainers:
GUJAMBCEM 108.8 7.56%
DABUR 161.2 5.46%
ACC 904.35 4.81%
IPCL 265.2 4.25%
SAIL 88.1 3.65%


Top Losers:
PNB 454.7 -3.3%
ORIENTBANK 232.5 -2.98%
LT 2631.75 -2.75%
TATACHEM 244.85 -2.55%
ABB 2933.3 -2.17%


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Monday, May 15, 2006

Indian Stock Market - Evening Update (Monday)

Raising Crude Oil Prices,Raising in Interest rates and weak global markets pulled Indian Stocks down to one of the worst falls since 2004.It was literally a Free fall for Sensex which broke all support levels and finally closed the day down -3.77% or 462 points at 11,822.
Metal stocks took heavy beating, Metal Index was down by about -11%,Oil and Gas Index was down by -4.3%, Auto,FMCG and Cap Goods shed -4% each.

Sensex
Day's Range : 11,770 - 12,272
BSE 100 : 6,127
BSE MidCap : 5,775
BSE SmallCap : 7,469

Nifty also had a similar fall and closed in red at 3,502 down -4%

Nifty
Day's Range : 3482 - 3653
CNX Nifty Junior : 6693.85 -5.24%
CNX IT : 4304.90 -2.28%
CNX 100 : 3423.45 -4.21%

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Sunday, May 14, 2006

Indian Stock Market - Morning Update (Monday)

The global markets closed down on Friday, Dow is down -1.04%, Nasdaq is down -1.27%. Today morning Asian markets are also seen in the same mood, Nikkei is down -1.62%, Taiwan Index is down -0.78% and FTSE 100 is down -2.15%.
The markets were down due to the raising commodities prices and fear of continued raise in interest rates.


Indian ADR's
Major Indian ADRS were down today,except for Dr Reddys,HDFC Bank and TATA Motors
Technology :
Infosys 77.08 -1.53 -1.95%
Satyam 34.91 -0.47 -1.33%
Wipro 13.59 -0.20 -1.45%
Patni 16.15 -0.45 -2.71%

Banking ADRs:
HDFC Bank 61.90 +0.42 +0.68%
ICICI Bank 28.71 -0.91 -3.07%
Others:
VSNL 20.96 -0.27 -1.27%
Dr. Reddy's Lab 37.33 +0.30 +0.81%
Tata Motors 21.30 +0.16 +0.76%
MTNL 8.80 -0.26 -2.87%



Global Indices:
America
DOW 11,380.99 -119.74 -1.04%
NASDAQ 2,243.78 -28.92 -1.27%
MXX 21,154.900 -280.369 -1.31%

Europe
FTSE 100 5,912.10 -129.90 -2.15%

Asia

China
HAND SENG Index 16,564.08 -337.77 -2.00%
SSE Composite 1,629.609 +26.777 +1.67%

Japan
Nikkei 16,332.99 -268.79 -1.62%

Taiwan
TSEC weighted index 7,222.06 -56.90 -0.78%

Jakartha
Composite Index 1,481.224 -44.556 -2.92%


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Thursday, May 11, 2006

Indian Stock Market - Morning Update (Friday)

Daily Indian Stock Market Update

The global markets are in red today, Dow is down -1.22%, Nasdaq is down -2.07%. Asian markets are also seen in the same mood, Nikkei is down -2.44%, Taiwan Index is down -0.77% and FTSE 100 is down -0.68%.
The markets were down due to the raising commodities prices and fear that Fed will continue raising the interests.


Indian ADR's
Major Indian ADRS were down today,except for Dr Reddys and VSNL
Technology :
Infosys 78.61 -2.52 -3.11%
Satyam 35.39 -1.10 -3.01%
Wipro 13.79 -0.28 -1.99%
Patni 16.60 -0.26 -1.54%

Banking ADRs:
HDFC Bank 61.48 -1.40 -2.23%
ICICI Bank 29.62 -0.65 -2.15%
Others:
VSNL 21.23 +0.14 +0.66%
Dr. Reddy's Lab 37.03 +0.14 +0.38%
Tata Motors 21.14 -0.68 -3.12%
MTNL 9.06 -0.37 -3.92%


Stock Picks: Day Trading calls
-

Global Indices:
America
DOW 11,500.73 -141.92 -1.22%
NASDAQ 2,272.70 -48.05 -2.07%
MXX 21,435.270 -345.801 -1.59%

Europe
FTSE 100 6,042.00 -41.40 -0.68%

Asia

China
HAND SENG Index 16,880.539 -260.24 -1.52%
SSE Composite 1,581.12 +43.743 +2.85%

Japan
Nikkei 16,451.051 -411.09 -2.44%

Taiwan
TSEC weighted index 7,304.60 -56.85 -0.77%

Jakartha
Composite Index 1,539.135 -13.927 -0.90%

News:
- Reliance group mkt cap crosses Rs 2 trillion
- Birlas may sell cement business to French firm


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Indian Stock Market - Evening Update (Thursday)

Daily Indian Stock Market Update

Sensex opened in a good note and quickly added about 40 points and touched an all time high of 12,671, soon after this the markets started loosing grip and stumbled due to selling pressure. After losing about 140 points, it started recovering slowly in the intra-day trading , but could never fall in the green zone.
During the last hour of the trade, there was lot of profit booking seen and Sensex finally closed down -1.4% or 176 points at 12,435.
RPL listed at 100/- , it had good demand and volumes were high, it finally closed up 42% at 85, it touched an high of 105.
Reliance Industries also saw lot of selling today and lost about -5% to close at 1110.


Sensex
Day's Range : 12,397 - 12,671
BSE 100 : 6,464.16 -90.55 -1.38%
BSE MidCap : 6,004.43 -28.87 -0.48%
BSE SmallCap : 7,728.82 -84.02 -1.08%
BSE BankEx : 5,748.70 -60.63 -1.04%

Nifty also had saw a similar trend and closed in red at 3,701 down -53 or -1.42%

Nifty
Day's Range : 3,687 - 3,774
CNX Nifty Junior : 7168 -0.63%
CNX IT : 4430 -0.29%
CNX 100 : 3624 -1.30%
Bank Nifty : 4991 -1.11%


Top Gainers:
HINDALC0 244.1 1.94
VSNL 487.9 1.66
DABUR 164.1 1.45
HDFC 1382 1.41
SCI 168.85 0.75


Top Losers:
RELIANCE 1103.75 -5.65
TATASTEEL 640.6 -4.12
HCLTECH 578 -3.95
IPCL 282.9 -3.91
BPCL 449.05 -3.24

News:
- Wockhardt's Waluj plant approved by US FDA
- ONGC finds gas in Assam, KG basin
- Voltas board okays 1:10 stock split
- Triveni Engg to hive off turbine, gear biz

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Wednesday, May 10, 2006

MSCI raises India's weightage marginally — 13 new stocks included

News Source and Details
MSCI, a leading provider of information on indices, has increased the weightage of India in its Emerging Markets Asia index marginally to 5.42 per cent from 5.41 per cent. In the India specific Index, MSCI has included 13 stocks and removed one.

MSCI has also made changes in its Standard Index series.

The MSCI India Index additions include Arvind Mills, Bharat Electronics, Bharat Forge, Biocon, Mahindra & Mahindra, Glenmark Pharma, Jet Airways, Nicholas Piramal, UTI Bank, Reliance Energy, Kotak Mahindra Bank, Jindal Steel and Power, and Matrix Labs.

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Indian Stock Market - Morning Update (Thursday)

Daily Indian Stock Market Update

The US Markets are looking bit low and Asian markets are mixed this morning, Dow was up 0.02% while Nasdaq was down by -0.75%.SSE is up by 1.04%,Taiwan Index is down -0.01%,Nikkei is down by -0.09% and FTSE 100 (Europe) is down by -0.36%.

NOTE:
- RPL gets listed on NSE and BSE today
- MSCI raises India weightage

Indian ADR's
Most Major ADRS were down today,except for banking stocks
Technology :
Infosys 81.13 -1.29 -1.57%
Satyam 36.49 -0.62 -1.67%
Wipro 14.07 -0.02 -0.14%
Patni 16.86 -0.09 -0.53%

Banking ADRs:
HDFC Bank 62.88 +0.41 +0.66%
ICICI Bank 30.27 +0.12 +0.40%
Others:
VSNL 21.09 -0.52 -2.41%
Dr. Reddy's Lab 36.89 -0.85 -2.25%
Tata Motors 21.82 -0.14 -0.64%
MTNL 9.43 -0.27 -2.78%


Stock Picks: All are Day Trading Picks
- Bajaj Hindustan
- BalramPur Chenni
- RIL
- RPL

The global indices

Global Markets/Indices this morning:
America
DOW 11,642.65 +2.88 +0.02%
Nasdaq 2,320.74 -17.51 -0.75%
MXX 21,781.070 -41.859 -0.19%

Europe
FTSE 100 6,083.40 -22.20 -0.36%

China
Shanghai Composite 1,567.305 +21.618 +1.40%
Hang Seng 17,098.99 +18.40 +0.11%

Japan
Nikkei 225 16,937.43 -14.5 -0.09%

Taiwan
Taiwan Weighted 7,316.03 -8.68 -0.12%

Jakartha
Composite Index 1,543.142 +3.741 +0.24%


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Indian Stock Market - Evening Update (Wednesday)

Daily Indian Stock Market Update

It was a great trading day at Dalal Street, Sensex yet again closed at all time high and closed above 12,600. Since the opening of the day the markets have been positive and went on to touch an all time high of 12,624 and finally ended the day at 12,612 up +98 points or 0.79%.
Yet again ONGC and RIL fueled the Sensex to soar to new highs. BSE SmallCap gained 1.48% today and BSE BankEx gained 2.49%.


Sensex
Day's Range : 12,530 - 12,624
BSE 100 : 6,554.71 45.60 0.70%
BSE MidCap : 6,033.30 48.64 0.81%
BSE SmallCap : 7,812.84 113.69 1.48%
BSE BankEx : 5,809.33 140.99 2.49%

Nifty also had a great day and closed at al time high of 3,754 up +33 or +0.91%

Nifty
Day's Range : 3,717 - 3,758
CNX Nifty Junior : 7213 1.12%
CNX IT : 4443 0.46%
CNX 100 : 3672 0.94%
Bank Nifty : 5047 2.70%


Top Gainers:
DABUR 161.75 4.86
HINDALC0 239.45 4.45
ORIENTBANK 255.5 3.88
TATAPOWER 585.55 3.48
ICICIBANK 660.75 3.38


Top Losers:
GUJAMBCEM 116.9 -2.83
GRASIM 2371.5 -2.72
ZEETELE 279.25 -2.65
ACC 977.25 -2.56
BPCL 464.1 -1.63

News:
- Manufacturing sector reports rapid growth
- Car sales up 16.5 pc in April

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Tuesday, May 09, 2006

Indian Stock Market - Morning Update (Wednesday_

Daily Indian Stock Market Update

The Global Markets are looking bit of mixed this morning, Dow was up 0.48% while Nasdaq was down by 0.29% and 0.10%. Asian markets are also mixed SSE is up by 0.18%,Taiwan Index is down -0.72%,Nikkei is up by 0.15% and FTSE 100 (Europe) is up by 0.63%.


Indian ADR's
Most Major ADRS were mixed today,
Technology :
Infosys 82.42 +0.62 +0.76%
Satyam 37.11 -0.15 -0.40%
Wipro 14.09 +0.17 +1.22%
Patni 16.95 +0.03 +0.18%

Banking ADRs:
HDFC Bank 62.84 -0.66 -1.04%
ICICI Bank 30.15 +0.03 +0.10%
Others:
VSNL 21.61 -0.21 -0.96%
Dr. Reddy's Lab 37.74 -0.38 -1.00%
Tata Motors 21.96 +0.32 +1.48%
MTNL 9.70 +0.09 +0.94%


Stock Picks: All are Day Trading Picks
- Bajaj Auto
- Bharti AirTel
- India Cements

The global indices
Global Markets/Indices this morning:
America
DOW 11,639.77 +55.23 +0.48%
Nasdaq 2,338.25 -6.74 -0.29%
MXX 21,822.930 +214.260 +0.99%

Europe
FTSE 100 6,105.60 +38.50 +0.63%

China
Shanghai Composite 1,533.881 +2.72 +0.18%
Hang Seng 17,124.939 -9.05 -0.05%

Japan
Nikkei 225 17,216.391 +25.48 +0.15%

Taiwan
Taiwan Weighted 7,336.03 -52.91 -0.72%

Jakartha
Composite Index 1,529.844 -2.78 -0.18%


News:
- LIC, SBI, Goldman Sachs hike stake in Reliance Petro (RPL)
- AstraZeneca clears stock split
- GSM subscriber base grows 2.93 m in April


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Indian Stock Market - Evening Post (Tuesday)

Daily Indian Stock Market Update

It was a very volatile trading day,Sensex went through lots of up's and down's.Initially the market opened cautiously, but gradually started to fall between 11:00 and 01:00 it had shed more than 130 points, later it slowly recovered from here on to touch a new high and also close at a new high of 12,513 up 51 points or 0.41%. BSE SmallCap again flared well today an gained 85 pints or 1.12% to close at 7,699.

Sensex
Day's Range : 12,356 - 12,546
BSE 100 : 6,509.11 26.58 0.41%
BSE MidCap : 5,984.66 25.05 0.42%
BSE SmallCap : 7,699.15 85.45 1.12%

Nifty also saw the same trend through out the day and finally closed at 3,720 up +27 or +0.74%

Nifty
Day's Range : 3,655 - 3,725
CNX Nifty Junior : 7134 0.12%
CNX IT : 4422 0.25%
CNX 100 : 3638 0.65%

Top Gainers:
- M&M 710 672 6%
- ONGC 1440 1379 4%
- ZEETELE 287 278 3%
- MARUTI 966 940 3%
- PNB 475 462 3%

Top Losers:
- HDFCBANK 852.65 876.1 -2.68%
- BPCL 471.8 483.45 -2.41%
- VSNL 480.55 491.55 -2.24%
- DRREDDY 1646.25 1683.75 -2.23%
- BHARTI 415.25 421.95 -1.59%


News:
- BHEL bags Rs 80-cr Egyptian order
- ONGC market cap crosses 2 lakh cr

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Monday, May 08, 2006

Indian Stock Market - Morning Update (Tuesday)

Daily Indian Stock Market Update

The Global Markets are looking mixed this morning, Dow and Nasdaq were marginally up by 0.06% and 0.10%. Asian markets are also mixed SSE is up by 1.07%,Taiwan Index is down -0.34%,Nikkei is down by -0.25% and FTSE 100 (europe) is down by 0.40%.


NOTE:

- Patel Engineering IPO closes today


Indian ADR's
Most Major ADRS were mixed today, tech was down, while banking was up
Technology :
Infosys 81.80 -0.37 -0.45%
Satyam 37.26 -0.04 -0.11%
Wipro 13.92 -0.78 -5.31%
Patni 16.92 -0.01 -0.06%

Banking ADRs:
HDFC Bank 63.50 +2.36 +3.86%
ICICI Bank 30.12 +0.17 +0.57%
Others:
VSNL 21.82 -0.08 -0.37%
Dr. Reddy's Lab 38.12 +0.45 +1.19%
Tata Motors 21.64 -0.16 -0.73%
MTNL 9.61 +0.13 +1.37%


Stock Picks:
All are Day Trading Picks
- RIL
- Sun Pharma

The global indices
Global Markets/Indices this morning:
America
DOW 11,584.54 +6.80 +0.06%
Nasdaq 2,344.99 +2.42 +0.10%
MXX 21,608.670 +371.221 +1.75%

Europe
FTSE 100 6,067.10 -24.60 -0.40%

China
Shanghai Composite 1,513.19 +16.086 +1.07%
Hang Seng 17,216.43 -85.36 -0.49%

Japan
Nikkei 225 17,248.561 -43.11 -0.25%

Taiwan
Taiwan Weighted 7,448.90 -25.15 -0.34%

Jakartha
Composite Index 1,520.333 +12.407 +0.82%


News:
- NIIT Tech buys UK co for $25m
- VSNL to buy Direct Internet for Rs 75 cr

Indian Stock Market - Evening Update (Monday)

Daily Indian Stock Market Update

Market had a good start at early trading hours and touched a new all time high of 12,511.Sensex started being Volatile and choppy, but started recovering in the last hour of the trade and closed with a jump of 102 points to close at 12,462 up 0.83%.BSE SmallCap flared up 1.12% and yet again rally was lead by Reliance Industries which closed at all time high of 1,155 up 5%.

Sensex
Day's Range : 12,393 - 12,511
BSE 100 : 6,482.53 47.38 0.74%
BSE MidCap : 5,959.61 31.28 0.53%
BSE SmallCap : 7,613.70 84.03 1.12%

Nifty also saw the same trend through out the day and finally closed at 3,693 up +29 or +0.80%

Nifty
Day's Range : 3,676 - 3,639
CNX Nifty Junior : 7125 0.08%
CNX IT : 4411 0.45%
CNX 100 : 3614 0.69%

Top Gainers:
- RIL 1155 5.07%
- HDFC 1340 4.18%
- TATA Chemical 265 4.10%
- Zee 277 3.18%


Top Losers:
- Sun Pharma 905 -1.69%
- HPCL 349 -1.33%
- M&M 671 -1.26%
- Cipla 272 -1.14%
- Ranbaxy 505 -1.08%


News:
- Satyam enters into strategic partnership with Danish Co


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Sunday, May 07, 2006

Indian Stock Market - Morning Update (Monday)

Daily Indian Stock Market Update

The Global Markets are looking good this morning, On Friday Dow and Nasdaq were up by 1.12% and 0.80%. Asian markets are also good SSE is up by 3.05%,Taiwan Index is up 0.77% and FTSE 100 (europe) is up by 0.91%.
Indian Stock market has been very volatile in the last week but managed to close in green.

NOTE:
- New Listings today : Plethico Pharmaceuticals Ltd

Indian ADR's (On Frida)
Most Major ADRS were up
Technology :
Infosys 82.17 +1.14 +1.41%
Satyam 37.30 +0.76 +2.08%
Wipro 14.70 +0.25 +1.73%
Patni 16.92 0.00 0.00%

Banking ADRs:
HDFC Bank 61.14 +0.04 +0.07%
ICICI Bank 29.95 -0.15 -0.50%
Others:
VSNL 21.90 +1.06 +5.09%
Dr. Reddy's Lab 37.67 +0.87 +2.36%
Tata Motors 21.80 +0.05 +0.23%
MTNL 9.48 -0.02 -0.21%


Stock Picks: All are Day Trading Picks
- TATA Steel


The global indices
Global Markets/Indices this morning:
America
DOW 11,577.74 +138.88 +1.21%
Nasdaq 2,342.57 +18.67 +0.80%
MXX 21,237.449 -56.211 -0.26%

Europe
FTSE 100 6,091.70 +54.80 +0.91%

China
Shanghai Composite 1,484.184 +43.961 +3.05%
Hang Seng 17,220.60 +206.67 +1.21%

Japan
Nikkei 225 3,663.95 0.00 0.00%

Taiwan
Taiwan Weighted 7,427.35 +56.91 +0.77%


News:
- i-flex Q4 net grows 63%, declares 100% dividend


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Friday, May 05, 2006

Indian Stock Market - Evening Update (Friday)

Daily Indian Stock Market Update

Market had a good start at early trading hours and touched an high of 12,443 at about 11:00 and then the same trend as yesterday was seen, Sensex started being Volatile and choppy and went down to 12,304 before closing the day at 12,359 up 12 points or 0.10%.

Sensex
Day's Range : 12,304 - 12,443
BSE 100 : 6,435.15 16.64 0.26%
BSE MidCap : 5,928.33 -2.39 -0.04%
BSE SmallCap : 7,529.67 13.11 0.17%

Nifty also saw the same trend through out the day and finally managed to end in green at 3,663 up +15 or +0.43%

Nifty
Day's Range : 3,676 - 3,639
CNX Nifty Junior : 7119 +0.28%
CNX IT : 4391 -0.53%
CNX 100 : 3589 +0.40%
Bank Nifty : 4876 -1.19%

Top Gainers:
- VSNL 488 6.61%
- SAIL 90 4.34%
- L&T 2734 3.64%
- GAIL 291 3.04%
- HPCL 354 2.92%

Top Losers:
- ICICI Bank 638 -3.29%
- HLL 284 -2.75%
- TATA Steel 640 -2.41%
- TATA Power 564 -2.08%
- TCS 2006 -1.81%

News:
- Cipla allots 2:3 bonus
- RCoVL to offer Rs 4,500 cr stake to global investors

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Thursday, May 04, 2006

Indian Stock Market - Morning Update (Friday)

Daily Indian Stock Market Update

The Global Markets are looking good this morning, Dow and Nasdaq were up by 0.34% and 0.87%. Asian markets are also good SSE is up by 1.66%,Taiwan Index is up 1% and FTSE 100 (europe) is up by 0.45%.
Indian Stock market had a very volatile day yesterday, we have to wait and watch which way the markets head, yesterday there was lot of profit bookings seen.

NOTE:
- Results to be announced today
- Today is also the lasttrading day of the week.

Indian ADR's
All Major ADRS were up today
Technology :
Infosys 81.03 +1.87 +2.36%
Satyam 36.54 +0.38 +1.05%
Wipro 14.45 +0.58 +4.18%
Patni 16.93 +0.29 +1.74%

Banking ADRs:
HDFC Bank 61.10 +1.20 +2.00%
ICICI Bank 30.10 +0.68 +2.31%
Others:
VSNL 20.84 +0.44 +2.16%
Dr. Reddy's Lab 36.80 +0.63 +1.74%
Tata Motors 21.75 +0.20 +0.93%
MTNL 9.50 0.00 0.00%


Stock Picks:
All are Day Trading Picks
- Maruti
- MTNL
- Reliance


The global indices

Global Markets/Indices this morning:
America
DOW 11,438.86 +38.58 +0.34%
Nasdaq 2,323.90 +19.93 +0.87%
BVSP 40,975.781 +56.02 +0.14%
MXX 21,293.660 +134.500 +0.64%

Europe
FTSE 100 6,036.90 +26.90 +0.45%

China
Shanghai Composite 1,440.223 +23.491 +1.66%
Hang Seng 17,013.93 -13.05 -0.08%

Japan
Nikkei 225 Data Not Available

Taiwan
Taiwan Weighted 7,418.62 +73.58 +1.00%

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Results to be announced on 05-May-2006

Listed below are few of the Corporate results to be anouned on 05-May-2006.

- SHREE CEMENTS
- I-FLEX SOLUTIONS
- VIJAYA BANK
- APOLLO TYRES LTD


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Daily Indian Stock Market Update

Market had a good start and it continued it's upward trend until 01:30, at one point Sensex touched an all time high of 12,482 and then the choppiness started from 01:30 and finally ended the day up 36 points or 0.30% at 12,347. The Banking sector continued it's run today, the BSE Banking Index (BSEBANKEX) was up +1.59% or 89 points to close at 5,716. BSEMidCap & SmallCap ended flat. The index today was primarily driven by RIL which gained 4.31% to close at 1080.


Sensex Day's Range
: 12,264 - 12,482
BSE 100 : 6,418.51 25.78 0.40%
BSE MidCap : 5,930.72 -0.67 -0.01%
BSE SmallCap : 7,516.56 -1.19 -0.02%

Nifty also saw the same trend through out the day and finally ended in green at 3,648 up +14 or +0.39%

Nifty Day's Range
: 3,628 - 3,667
CNX Nifty Junior : 7099 +0.86%
CNX IT : 4414 +0.54%
CNX 100 : 3575+ 0.46%
Bank Nifty : 4935 +1.12%

Top Gainers:

- BPCL 481 +6.14%
- RIL 1080 +4.31%
- HPCL 344 +3.66%
- M&M 665 +3.28%
- TATA Power 576.35 +3.09%

Top Losers:
- Gujrat Ambuja 119 -5.55%
- HINDALCO 224 -2.66%
- Zee Tele 273 -2.14%
- National Alum 314 -2.13%
- L&T 2638 -1.81%


News:

- Sintex to acquire 74 pc stake in Zeppelin
- Global economic imbalances may impact India's fiscal position

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Wednesday, May 03, 2006

Indian Stock Market Rocks, the bull run continues

Indian Stock Market - Mid-Day Update
Sensex is presently (12:10 IST) trading at an all time high of 12,444 with a gain of 101 points.
BSE 100 is up by 67 points or 1.06% at 6,460
BSE Banking Indes is up 84 points or 1.5% at 5,711
The rally is primarly led by Reliance Industries which is up by 48 points or 5% at 1084
RIL is trading with huge volumes, earlier RIL announed that:
- It has submitted a proposal to enter city gas distribution in eight cities. Initial investments have been pegged at Rs 5000 crores and Chevron; Reliance's partner in RPL could team up for this venture as well
- RIL has got the go ahead from the Haryana government to set up the largest special economic zone in the country.

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Indian Stock Market - Morning Update (Thursday)

Daily Indian Stock Market Update

The Global Markets are mixed this morning, Dow and Nasdaq were marginally down by 0.14% and 0.25%. Asian markets are also mixed Han Seng is down by 0.19%,Taiwan Index is up 1.34% and FTSE 100 (europe) is down by 1.19%.
Indian Stock market had two good trading days, traders have to take caution during the early trading hours, yesterday there was some choppiness seen in the early hours of trading.

NOTE:
- Results to be announced Today


Indian ADR's

Major ADRS were mixed today
Technology :
Infosys was up 1.14% at 79 USD
Satyam was up 0.81% at 36 USD
Wipro is down by 0.93% at 13 USD
Patni Computers is up 1.53% at 16 USD

Banking ADRs:
HDFC Bank up 0.22% at 59.9 USD
ICICI Bank down 0.94% at 29.4USD
Others:
VSNL is up 4.3% at 20 USD
Dr. Reddy's Lab is down 0.96% at 36 USD
Tata Motors is up 1.17% at 21 USD
MTNL up 0.53% at 9.5 USD


Stock Picks: All are Day Trading Picks
- Bharti Tele
- Cipla
- Zee
- MTNL

The global indices
Global Markets/Indices this morning:
America
DOW 11,400 -16.17 -0.14%
Nasdaq 2,303 -5.87 -0.25%
BVSP 40,919
MXX 21,159.160 +79.291 +0.38%

Europe
FTSE 100 6,010.00 -72.10 -1.19%

China
Shanghai Composite 1,440.223 +23.491 +1.66%
Hang Seng 16,993.85 -33.13 -0.19%

Japan
Nikkei 225 17,153

Taiwan
Taiwan Weighted 7,339.49 +97.12 +1.34%

Jakartha
Jakartha Composite Index 1,485.126 -13.945 -0.93%

News:
- Gujarat Ambuja to merge Ambuja Cement Eastern with itself
- State Bank of Mysore plans stock split

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Indian Stock Market - Evening Update (Wednesday)

Daily Indian STock Market Update

It was a positive trading day, Sensex started with a bang and kissed an all time high of 12,337 and then there was some choppiness seen and finally ended the day at 12,310 up +91 points or +0.75%
The highlight of the day was Banking sector, the BSE Banking Index (BSEBANKEX) was up +3% or 167 points to close at 5,627.


Sensex Day's Range : 12,134 - 12,337
BSE 100 : 6,392.73 48.69 0.77%
BSE MidCap : 5,931.39 29.42 0.50%
BSE SmallCap : 7,517.75 43.01 0.58%

Nifty also ended in green at 3,634 up +28 or +0.80%

Nifty Day's Range : 3,581 - 3,640
CNX Nifty Junior : 7039.00 6954.20 1.22%
CNX IT : 4391.25 4359.10 0.74%
CNX 100 : 3558.95 3528.55 0.86%
Bank Nifty : 4880.70 4729.30 3.20%

Top Gainers:
- VSNL 463 4.57%
- ICICI BANK 649 4.37%
- PNB 470 4.37%
- BHARTI 424 3.89%
- ABB 3271 3.22%


Top Losers:
- ZEETELE 279 -2.81%
- HINDALCO 231 -2.08%
- MTNL 215 -2.07%
- DRREDDY 1651 -1.75%
- RANBAXY 513 -1.64%

News:
- Zee group enters energy sector
- Govt contemplating hike in petrol, diesel prices


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Results to be announced on 04-May-2006

Corporate Results to be announced on 04-May-2006

- CENTURY TEXTILES & INDUSTRIES
- RAYMOND LTD
- BANK OF MAHARASHTRA
- INDIAN PETROCHEMICALS

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Tuesday, May 02, 2006

Indian Stock Market - Morning Update (Wednesday)

All the Global Markets are in green this morning, Dow is up 0.64%, Nasdaq up by 0.22%. Asian markets are also in green Nikkei is up 1.35%,Taiwan Index is up 0.67% and FTSE 100 (europe) is up by 0.98%.
After yesterdays mega bull run, Sensex is again on a upward move, presently it is up by 96 points at 12,314 and Nifty is up 28 points at 3,634.

Indian ADR's
Major ADRS were mixed today
Technology :
Infosys was up 0.06% at 78 USD
Satyam was up 2.87% at 35 USD
Wipro is down by 0.78% at 14 USD
Patni Computers is down 1.8% at 16 USD

Banking ADRs:
HDFC Bank up 1.25% at 60 USD
ICICI Bank up 3.7% at 29 USD
Others:
VSNL is down 0.15% at 19 USD
Dr. Reddy's Lab is up 4.6% at 36 USD
Tata Motors is down 0.33% at 21 USD
MTNL up 2.16% at 9 USD


Stock Picks: All are Day Trading Picks
- Reliance Industries
- Wipro
- Hero Honda
- ICICI Bank

The global indices
Global Markets/Indices this morning:
America
DOW 11,416.45 +73.16 +0.64%
Nasdaq 2,309.84 +5.05 +0.22%
BVSP 41,016.578
MXX 21,079.869 +433.680 +2.10%

Europe
FTSE 100 6,082.10 +59.00 +0.98%

China
Shanghai Composite 1,440.223 +23.491 +1.66%
Hang Seng 17,004.35 +136.31 +0.81%

Japan
Nikkei 225 17,153.77 +228.06 +1.35%

Taiwan
Taiwan Weighted 7,247.59 +47.99 +0.67%

Jakartha
Jakartha Composite Index 1,492.454 +16.561 +1.12%


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