My Name is Nirdesh Singh. I am 25 yr. old guy from Jaipur.
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2008
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April
(56)
- Results of HDFC
- FY08 Results of RCOM
- Today's market view 30/04/08
- RBI's Announcement
- Today's Market View 29/04/08
- Result of Reliance Energy(REL)
- Result of Indian Overseas Bank(IOB)
- Metal ! buy or sell
- Bharti Airtel Q4 Result
- Inflation rises to 7.33%
- Today' Market View 25/04/08
- Today's Market View 24/04/08
- Today's Market view 23/04/08
- Market Review after closing bell
- Result of Reliance Induestries
- Today Market view 22/04/08
- Market Review after closing bell
- Axis Bank's Result
- Biocon bouns shares
- Today market View
- Result of Wipro
- Market review after closing bell
- List of Delisted companies in NSE and BSE
- Importent - Redemption pressure forces FIIs to cut...
- Result of Petronet LNG Ltd
- Today's Market View 17/04/08
- Results of Power Finance Corporation (PFC)
- Good Rally in Tech Stocks
- Today's Market View 16/04/08
- Market review after closing bell
- Report on Nitin Fire - Buy Nitin fire
- Target of Maruti Suzuki India with report
- Infosys Results
- Book Profit
- Today's market view 15/04/2008
- Market review in hindi
- Buy on Rolta for target 720
- Short Term stocks for buying
- Aishwarya Telecom's IPO open on tuesday
- Buy On Reliance Petroleum Ltd.
- Know more about Option strategies
- Know about short-selling
- Long term strategies
- Stocks Picks- Sujana Towers
- Know about market in last weak
- Welcome to discuss the derivatives
- Provogue's preferential shares and warranets
- Market News
- Market Review After closing bell
- Derivative Strategies
- Good opening as we were expected
- Today's market view 11/04/2008
- No title
- Market review after closing bell
- Today's market view - 10/04/2008
- About Me
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April
(56)
1 comments:
it was not a bad day for the market one would have to say. Above200 points up on the Sensex, which looked like an unlikely result in the middle of the session when we went absolutely flat but towards the end of the day, there was a little bit of bounce back in the market again and in the context of what's happened across us today, it cannot be said that we have had a very bad day.
China was down meltdown with 5.5% today. Other global markets were a bit softish with most of them closing about a percentage point down. Europe was a bit weak while we were trading in the afternoon. So we got away with about 1-1.5% gain on the index, which isn’t too bad.
We are still within a trading range, no question about that but even so at least for the day, we have notched up couple of 100 points. The Sensex is back upto 15,800 and close around that figure and the Nifty has got back to around 4,750. The market breadth is good . So midcaps and smallcaps - both the indices actually outperformed the Sensex and Nifty today. The breadth was good but the volumes were very low.
Couple of interesting numbers came in today’s season. Yes Bank came in with numbers, which were ahead of street expectations. They had no derivative loses , so ICICI Bank, HDFC Bank - all had good runs today. Capital goods’ stocks have corrected quite a bit but today they came back, so BHEL is back with 5% upside movment. L&T, ABB, and Siemens India - all those stocks did pretty well today. we saw power stocks led by Suzlon, Tata Power, Reliance Energy etc all looking pretty okay.
So, not a bad day for largecap names but with few exceptions - FMCG is still correcting and some of the other real estate stocks like Unitech and DLF also cooled down . In midcaps there were lots of gainer. Sugar was the top sector today. Balrampur Chini, Bajaj Hindusthan, Triveni, Shree Renuka all of them doing rocking. we had good rallies inAptech, NIIT Tech,3i Infotech, Sasken Comm, Geometric Soft, Sonata Software that whole cluster looked good. .
All in all, it was not such a bad day for the midcap end of the market. it was not such a bad day but still rangebound and low volumes.
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