Archive for February, 2010

Nifty in positive gaining 1.47% - February 11, 2010

BSE gains over 200 points

After a series of dull trading days, the markets seems to have set what is considered an essential direction for its movement. The Nifty closed the day 4757.20 points up 1.47%. The CNX 100 is up 1.33%. The CNX 500 is up 1.08%. The CNX Midcap is up 0.69% while the Nifty Midcap 50 is up 1.06%

The BSE Sensex opened the day at 15,928.28, touched an intra-day high of 16,202.87 and an intra-day low of 15,928.28 to finally close above the 16K mark at 16,152.59 compared to previous day closure of 15,922.17. The Sensex has gained 230.42 and is up 1.45%. All BSE Sectoral indices have closed in the green. Oil & Gas, Auto and Reality are up over 2%. Metal, FMCG, Bankex, IT and Consumer Durables are up over 1%. Capital Goods, Power, PSU and Health Care are marginally up.

Top gainers of the day are Unitech, JP Associates, Reliance, M&M and Tata Motors (all up over 3%), ICICI Bank, Ambuja Cement, Jindal Steel & Power, Hero Honda and IDFC (all up 2%). On the loser side are Tata Power, BPCL, Bharti Airtel, Power Grid, HDFC Bank and Grasim.

Thursday, February 11, 2010 15:55:53 PM

Add commentFebruary 11th, 2010

Indian stock markets end weak yet again – Wednesday, February 10, 2010

Realty and Consumer Durables shine

Indian stock markets had a positive opening in the morning but soon lost the speed before the end of the first hour of trade. Surprisingly the markets came to the positive line but soon gave up few points. The markets again gained points quickly to reach to the day opening levels but the last hour trade witnessed heavy selling forcing the markets to touch an intra-day low.

CNX Nifty ended the day at 4754.70 down by 0.79%. The CNX IT closed the day at 5606.30 down 0.75%. Bank Nifty is down 8392.45 and is down by 1.20%. Top Nifty gainers include BPCL (up about 2.8%), JP  Associates, Unitech, HDFC Bank, Hindalco, Bharti Airtel, Hero Honda, Grasim (all up over  1%), Sterlite Industries and ABB (both marginally in the green). Top Nifty losers include Cipla, SAIL, M&M, Punjab National Bank, Tata Steel, Tata Power, Sun Pharma, NTPC, SBI and L&T.

The Bombay Stock Exchange opened the day at 16,042.18, touched an intra-day high of 16,141.13 and an intra-day low of 15,892.01 to close at 15,900.82 as against to the previous day close of 16,042.18. The Sensex has effectively slipped 141.36 points (or 0.88%) in today’s trade.

Wednesday, February 10, 2010 15:47:24 PM IST

Add commentFebruary 10th, 2010

Markets take a flat day - February 9, 2010

IT, PSU stocks shine

The Indian stock markets had a flat trading day today. The Nifty opened the day on a little downside, inched to the day low in less than an hour of trade and ever since then moved towards the positive and kept holding it albeit with little gains.

Nifty which closed at 4760.40 closed today at 4786.45 gaining 0.55%. The CNX IT closed up 2.18%. CNX Midcap closed 0.85% while Nifty Midcap 50 closed up by 1.11%.

Top Nifty gainers of the day include Grasim (up over 4%), Cairn, ACC, Ambuja Cement (all up over 3%), Wipro, Infosys, Hero Honda (all up over 2%), Sun Pharma, Idea and Siemens (all up over 1%).

On the losers side BPCL (down 2.5%), Suzlon, Hindustan Unileaver, DLF, Hindalco, ONGC, ITC, Jindal Steel (all down over 1%), M&M and IDFC (both marginally down).

The BSE Sensex opened the day at 15,940.73, touched an intra-day high of 16,094.13 and intra-day low of 15,862.90 and closed the day at 16,029.95 having gained 94.34 points today. IT and PSU sectoral indices have done well while Oil & Gas and Realty stocks took the beating.

Tuesday, February 09, 2010 15:49:28 PM

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