Posts filed under 'Real Estate & Construction'
Tuesday, September 23, 2008 10:38:30 AM IST
Markets had a gap down opening this morning and are trading flat. Nifty is at 4171 levels and is down 1.2%. Sensex has shed 190-odd points and is at 13804 levels and is down by 1.36%. Realty stocks continues to be hammered down.
The broder CNX 100 is down 1.2% and CNX 500 is down 1.05%. CNX IT is down 1.85% and Bank Nifty is down 1.6%.
Nifty gainers in the early traders include NALCO, Cairn, GAIL, Sterlite Industries, Tata Power, Suzlon, ONGC, Tata Communications, ACC and Hero Honda.
On the downside are DLF, Ranbaxy, Unitech, Wipro, ICICI Bank, Bharti Airtel, BHEL, HDFC, BPCL and Siemens.
The BSE Midcap and Smallcap Indices are down marginally. Realty, IT, Bankex, Consumer Durables, Health Care, Capital Goods, Power and FMCG stocks are down.
The BSE Realty Index is down 4.1%. Top real estate stock on the losing side include DLF, HDFC, India Bulls Real Estate, Unitech, Orbit amongst others.
DLF (BSE Script Code: 532868; Script Id: DLF) is down Rs. 24.90 today. The script is trading at 393. Its previous closure is 420.90
1 U.S. dollar = 45.3001 Indian Rupees
1 U.S. dollar = 105.0089 Japanese Yens
1 U.S. dollar = 0.6839 Euros
1 Ounce Gold = $897.50
1 Barrel Crude Oil = $109.03
September 23rd, 2008
Friday, September 05, 2008 4:29:42 PM IST
Not much to cheer about, the markets took yet another dull day today. Nifty closed at 4352 down 2.15% while Sensex lost 415 points to close at 14483.83 down 2.79%
Realty stocks are once again hit hard. The BSE Realty index is down 4.17% with Akruti City (down 6%), DLF (down 5.4%), Unitech (down 4.7%), Mahindra Life, India Bulls Real Estate and HDIL (all down over 3%) being the big names in the index that are hit hard today. 7 of the 9 scripts in the index declined today.
Despite some cheer in the USD-INR during mid day, forex did not cheer any IT scripts today. The 11 stock BSE IT had 9 declines today. Aptech (down 5.8%), Infosys, Moser Ber, Wipro, Rolta (all down over 4%), Satyam (down over 3%) all closed the day in the red.
There are not many large cap gainers today. However, BPCL topped the charts and closed the day up 8.57%. Hindustan Unileaver is up 1.85% while ITC and ONGC closed the day marginally in the green.
1 U.S. dollar = 44.2243 Indian Rupees
1 U.S. dollar = 106.1345 Japanese Yens
1 U.S. dollar = 0.7026 Euros
1 Ounce Gold = $795.00
1 Barrel Crude Oil = $106.38
September 5th, 2008
Thursday, September 04, 2008 1:27:34 PM IST
HCL Technologies is buzzing after news came out that HCL is working with its advisors (ML) and Bankers (Stan Chart) for a possible counter bid to acquire Axon. Axon, readers may recall, was in news about 10 days back when Infosys announced it is in the process of acquiring the company. Meanwhile, readers may also recall HCL announced a few months back that it is waiting for a good target acqusition which means that HCL is well prepared to acquire a company.
The BSE IT space is managing to stay in the green. The BSE IT Sectoral index is at 4073.81 up 0.17%. 5 of the 11 stock index are currently trading in the green. HCL Technologies is at 251.55 levels up 0.78% on the BSE. Infosys is at 1785 levels marginally up 0.55%
Meanwhile the indices are back in the red. The NSE Nifty is down 1.37%. CNX IT and Bank Nifty are marginally in the red. BSE Sensex is down 196 points and is at 15049 levels.
BSE Realty index is now more deeper in the red. The index is down 3.17% at the moment. Needless to say Unitech does figure in the NSE Nifty losers charts. The script is trading at 164.55 levels and is down 2.95%
1 U.S. dollar = 43.9502 Indian Rupees
1 U.S. dollar = 107.9797 Japanese Yens
1 U.S. dollar = 0.6895 Euros
1 Ounce Gold = $811.00
1 Barrel Crude Oil = $109.62
September 4th, 2008
Tuesday, September 02, 2008 2:32:54 PM IST
Inflation sensitive counters including the Banks and Realty are bullish as crude oil cools to $106 levels.
CNX Nifty is at 4497 trying the 4500 levels and is up 3.42%. CNX It is up 2.67% while Bank Nifty is up 6.61%. CNX 100 is up 3.42% while CNX 500 is up 3.19%
BSE Sensex is continuing to hold the gains. The Sensex is trading at 15040 levels and is up 542 points. The index is up 3.74%. The BSE Midcap and Smallcap index is up over 1.4% and 1.1% each. The BSE Reality index is up 7.2%. Bankex is up 6.7%. PSU, Capital Goods and Oil & Gas counters are all up over 3% each.
Unitech, ICICI Bank and DLF are up 8% each. SBI and ONGC are up 7% each. PNB, HDFC Bank, BPCL, Tata Communications, National Aluminium are up 5% each.
1 U.S. dollar = 44.1598 Indian Rupees
1 U.S. dollar = 107.9913 Japanese Yens
1 U.S. dollar = 0.6852 Euros
1 Ounce Gold = $805.00
1 Barrel Crude Oil = $106.61
September 2nd, 2008
Wednesday, August 27, 2008 4:08:40 PM IST
Heavy selling in the Realty and Banking stocks and in Capital Goods and Power stocks to a certain extent during the last two hours of trade has pulled the stock markets down.
The NSE Nifty closed the day at 4292.10 down by 1.05%. CNX IT is down 0.49% while Bank Nifty is down 2.01%. CNX 100 is down 1.03% while CNX 500 is down 0.97%
Sensex closed the day at 14724.18 down by 368.94 points or 2.44%. BSE Midcap and Smallcap indices closed the day down by 1.79% and 1.65% respectively.
On the BSE Sectoral indices front, IT is up 2.18% while Realty is down by a whopping 7.97%. Bankex is down 5.07% and Capital Goods is down 3.71%
DLF and Reliance Infra are down over 3% each. SBI, ICICI Bank, Unitech, Tata Motors, BHEL, Relaince Communications, Power Grid are all down by over 2%. HDFC is down by 1.95%
Dr. Reddy and Hindalco are up over 2% each. Other Nifty gainers include SAIL, Hero Honda (both up 1%), GAIL, ABB, Idea, Tata Steel, Punjab National Bank and Infosys (all marginal gains).
1 U.S. dollar = 43.5142 Indian Rupees
1 U.S. dollar = 108.9680 Japanese Yens
1 U.S. dollar = 0.6797 Euros
1 Ounce Gold = $833.10
1 Barrel Crude Oil = $117.60
August 27th, 2008
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