DAILY EQUITY NEWSLETTER
Indian equity markets were up 0.14%
Nifty down by 7.75 pts and settle at 5641.60
Sensex up by 23.11 pts at 18704.53
Bank Nifty down by 78.35 pts at 11125.70
European markets were down with FTSE down by 11.81 closed at 6387 ,CAC down by 37.00 closed at 3711 and DAX down by 90.58 closed at 7789.
Dow future was up 42.00 closed at 14403.00
28 MARCH 2013
HEADLINES • Sebi summons Subrata Roy; Himachal HC bars Sahara from raising funds • NLC invites bids to buy coal mines overseas • Yashwant Sinha writes to FM, calls SUV tax discriminatory • 2G: Legal options troubled telecom honchos can consider
MARKET ANALYSIS: Key benchmark indices snapped seven-day losing streak to log small gains. The market breadth was negative. Index heavyweight and cigarette maker ITC edged higher. Another index heavyweight Reliance Industries (RIL) dropped in volatile trade. The barometer index, the S&P BSE Sensex, advanced 23.11 points or 0.12%, up 92.16 points from the day's low and off 54.35 points from the day's high. Capital goods stocks extended recent losses on worries slowdown in the economy could crimp new orders. Realty stocks also edged lower. Shares of Reliance Anil Dhirubhai Ambani (ADA) group declined. Indian stocks today, 26 March 2013, snapped 7-day losing streak. The Sensex had declined 889.02 points or 4.54% in seven trading sessions to 18,681.42 on 25 March 2013 from a recent high 19,570.44 on 14 March 2013. The Sensex has declined 157.01 points or 0.83% in this month so far (till 26 March 2013). The Sensex has declined 722.18 points or 3.72% in calendar 2013 so far (till 26 March 2013). From a 52-week high of 20,203.66 on 29 January 2013, the Sensex has declined 1,499.13 points or 7.42%. From a 52-week low of 15,748.98 on 4 June 2012, the Sensex has surged 2,955.55 points or 18.77%. IT stocks gained in volatile trade. Software major Tata Consultancy Services (TCS) rose after the company said it has bagged a contract from Southern Water to implement a customer services and revenue transformation programme for the latter.
STOCKS TO WATCH
FII’s and DII’s
SCRIPS IN BAN PERIOD
NIFTY DAILY PIVOTS
GAINERS AND LOOSERS
EXPERT OPINION NIFTY
DAILY NIFTY GAINERS SCRIPS
GAIL India HCL Tech.
Nifty looks Bearish
Strategy: Sell on rise
Resistance: 5700 BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Resistance: 11200 460
DAILY NIFTY LOOSERS SCRIPS
DLF Siemens Reliance Infra Tata Motors Bharti Airtel
.0 PREVIOUS PERFORMANCE
MARKET CALLS CASH
. ANDHRA BANK
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