Wednesday, August 22, 2007

Markets Today


The markets ended in green amid a highly volatile session on the back of positive cues from Asia. Buying interest was seen in FMCG, metal and capital good stocks. However reeling under pressure were realty, auto and pharma stocks. The broader markets did not participate in the uptrend. BSE midcap is trading flat and smallcap closed down in red. Select IT stocks ended higher as rupee was trading around 41.035 against US dollar.
Top gainers on the indices are Bharti Airtel, ONGC, ITC, BHEL, Siemens, Sterlite Ind, Tata Steel and Mah and Mah.
Top losers on the indices are Cipla, Tata Motors, Maruti Udyog, Wipro, PNB, GSK and NTPC.
Sensex was up 259.55 points or 1.86% at 14248.66, and the Nifty up 78.25 points or 1.92% at 4153.15.
About 1194 shares have advanced, 1745 shares declined, and 68
shares are unchanged.
The BSE Midcap Index ended at 6,159.62 up 25 points or 0.4%.
The BSE Smallcap Index ended at 7,518.70 down 20 points or 0.3%.
The BSE Capital Goods Index was up 3.4% at 12,397.50. Siemens, Praj Industries, Suzlon Energy, BHEL, Areva T&D, Larsen, Alstom Projects closed higher.
The BSE Auto Index closed closed flat at 4,473.79. Mah and Mah, TVS Motor, Bajaj Auto, Bharat Forge, Exide Industrie, Cummins ended in the green.
The BSE Metal Index closed at 10,081.33 up 2.4%. Sterlite Ind, Tata Steel, Mah Seamless, Hind Zinc, Hindalco advanced.
The BSE FMCG Index gained 3% at 1,841.90. ITC, United Spirits, HUL, Marico, GlaxoSmith Con, Nestle closed higher.
BSE
Oil and Gas Index closed at 7,511.33 up 1.4%. GAIL, ONGC, HPCL, Reliance, Reliance Petro ended in green.
The BSE IT Index gained 1% at 4,348.53. Patni Computer, Mphasis, HCL Tech, Infosys, Wipro closed higher.
The BSE Bankex was up 1% at 7,387.92. Federal Bank, Oriental Bank, Andhra Bank, Union Bank, ICICI Bank ended higher.
The BSE Realty Index lost 1% at 4,348.53 and BSE Health Care Index was flat at 3,426.00.
The NSE cash turnover was at Rs 10525.10 crore and the NSE F&O turnover was at Rs 51749.70 crore. The BSE cash turnover was Rs 4392.74 crore. Total market wide turnover was at Rs 66667.54 crore.
Source: moneycontrol.com

Intraday Calls for 22nd August

Market opens with negative but it can recovers and bounce back from lower levels.

Buy at panic.

Orbit Corp.
BHEL
IVRCL
TTML
EKC
Sujana Tower
Central Bank.
JP Hydro

Good Luck.

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



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