market watch

[onlinesharetraders]

The nifty bounced back and recovered all monday's losses. Positive global cues also looked supportive. However, there was a bit of volatility ahead of F & O expiry on thursday. Banking stocks were seeing some selling pressure, might be reacting to likely further hike in April's Monetary Policy.

[onlinesharetraders]

April second week market was volatile trend.  Wednesday, april 7- Sensex touched 18000 in the time of afternoon and nifty reached 5399.65.  After some months Tata steel crossed 700, value industries 27, spicejet 64.  Further sensex turned in the range of 17000 and nifty 5000.  Experters predicts a bearish market in coming months.

[onlinesharetraders]

After April 20 nifty was down following Asian cues profit booking seemed. Besides renewed concerns on greese, tatasteel reached down to down. The benchmark Nifty struggled this week to finally close above the 5300 and continued its uptrend for the fourth consecutive day. The markets ended the last day of the April futures and options series higher.

[onlinesharetraders]

June first week the benchmark Nifty started the day on a negative note following weak Asian cues and a bit of profit booking after previous four-day rally. Private banking, metal, telecom, realty and select technology companies' shares were under pressure. Heavyweight Reliance Industries was also down.the sell-off across Asian and European markets pushed the Nifty below the 5000 mark. Commodities and currencies also slipped.Traders looked cautious after yesterday's sell-off. The rupee recovered from one-week lows on Wednesday, as a rise in domestic shares raised expectations of foreign capital inflows into the stock markets, but the dollar's rise overseas limited these gains.The 50-share NSE Nifty was trading above the 5100 mark for the first time since May 18, 2010 and the Sensex too maintained the 17,000 level on strong Asian cues and broadbased buying.European markets also opened strong, reacting to positive US economic data. US pending home sales for April went up 6% as against expected increase of 5%.

[onlinesharetraders]

The benchmark Nifty was consolidating ahead of expiry on Thursday for the month of June. Telecom, private financial, pharma, auto, realty, FMCG, cement and cement companies' shares were helping the markets. There was a mixed trend in technology and metal sectors. Reliance Power and Reliance Natural Resources were the most active shares on exchanges merger news held on July 4; respective stocks gained 3% & 26.5%. RNRL shareholders will get 1 share of Reliance Power for every four held.
 

[onlinesharetraders]

August 16, Monday Nifty was trading in narrow range of 5442- 5465. Reliance Industries, Sterilite industries and Indian tubacoo company were gainers. Cairen india and Reliance communications were top losers

[onlinesharetraders]

August, 17 Tuesday  Bharti Airtel, Tatamotors & DLF were seemed buying interest after sell - off on monday. The Sensex was trading at 18114, up 63 points and the Nifty was at 5436, up 18 points. Even the global markets were quite supportive- European & Asian.

[onlinesharetraders]

August 19, Thursday Cement and Bank shares were top gainers. In cement - Ambuja cement and Acc were high 8 & 5 % respectively. In bank - Icici and Hdfc were high 4.60 & 3.80 % respectively. After February 2008 Nifty further touched 5500, Asian market also supportive.

[onlinesharetraders]

August 23, Monday Sensex was hovering its friday's closing value. L&T, Reliance Industries and Hero Honda were supporting the markets. The Nifty continued trade with volatility though it gained some strength in last half an hour. Oil mrketing companies' shares like BPCL was up 10.56%, HPCL up 5%. Then benchmark nifty was trading at 5550 level.  Tuesday, 24 there was no major sell-off weak global cues, indices have become strong ahead of F&O expiry on thursday.  Refinery major HPCL was trading at Rs 525.00 down 2.18% from its previous close of Rs 536.70. Tech major Infosys was trading at Rs 2,764.00 down 1.02% from its previous close of Rs 2,792.35.  Wednesday, 25  New listing - Prakash Steelage was trading at Rs 132.85, up 20.77% over its issue price of Rs 110 per share.

[onlinesharetraders]

August 30, Monday the Indian markets opened on a positive trend on the back of positive global cues. BSE Midcap and Smallcap were up 1.3% and 1.4% respectively. In the midcap- Apollo Tyres, Indiabulls and Sintex India  were up 3-6%. Tata Steel, ICICI Bank, JP Associates, Tata Motors, ONGC, Axis Bank were gainers in the Nifty. European markets too opened in green. Selling pressure was seen in IT and FMCG stocks.

[onlinesharetraders]

September 1, Wednesday Sensex was up 250 points on the buying in almost all sectors. Telecom, banking, realty, metal, technology, auto and power companies' shares were quite supportive.  Asian markets were also helping Indian markets.  Reliance Communications was the top gainer, Bharti Airtel and Idea Cellular were also up.   

[onlinesharetraders]

September 6, Monday Nifty was towards 5550 level. The index trading close to 31-month high, the level last seen in January, 2008. The Sensex was trading more than 300 points gains, led by bullish trend across all the sectors. Even the global cues were quite supportive, especially post US jobs report announced on Friday. Tata Steel was trading at Rs 573 level. Heavyweights like Reliance Industries, SBI, ICICI Bank, TCS, Infosys and Tata Steel were leading the markets. Tuesday, 7 huge buying was seen in cement companies' shares, which were outperformers . Major cement companies' shares like ACC and Ambuja Cements were shout up.

[onlinesharetraders]

September 13, Monday morning after a weekend holiday, the Sensex touched 19000 and the Nifty was above 5700 level for the first time since January, 2008. Indusind bank touched at 243 level  52week high in the morning later showed down trend . Tips are Thomascook ( travel agency) purchase at 75, target 83 and Tvsmotors at 79 level target 87. Tvsmotors announced bonus share in the ratio of 1:1, then price decrease to 79 level from 142. Reliance industries hiked 995  bull market in future. 

[onlinesharetraders]

September 16, Thursday Nifty touched 5900 level and Sensex 19600. Indusind bank was in up trend hiked 254. Foreign institutional investors played a typical role in market shares worth more than crore. Friday Reliance industries touched 1030 boom after one month. After morning bullish rally in indusind bank hiked 265.

[onlinesharetraders]

September 27, Monday the market started the day on a strong note. Index touched 6070 level on the back of strong global cues then profit booking were also at higher levels. Heavyweights like ONGC, Reliance Industries, SBI and Bharti were gained. However HDFC Bank, HUL, HCL Tech and Suzlon Energy were the only losers on Nifty. The Sensex was trading at 20267, up 222 points and the Nifty was at 6073, up 55 points.