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.

Intraday calls for 21st August

Market may opens flat or positively and go upword but profit booking can be seen at higher levels. So be very carefull and trade in small qty.

Sensex Resistance 14600. and Nifty Resistance 4300.

Buy:

JSW Steel
RCOM
India Info
JP Assosiates
REL Capital
VSNL
NitinFire
Hanung Toys
Paramount Communication
GDL
Indiabulls
Ambuja Cement.

New Listing: Central Bank, SEL. Keep an eye on Central Bank.

Good Luck.

Markets Today

The markets ended in green up with decent gains but off day's high on the back of bounce back in markets across Asia. However, the performance was subdued as compared to Asia, where markets closed with a gain of 3%-5%. This gain was largely supported by 50 bps cut in discount rate by the Fed. Indian markets underperformed mainly due to the uncertainity on the political front regarding the Indo US nuclear deal.
Europe was trading green but did not see any run away rally after seeing strong performance on Friday.
The discount futures discount had narrowed and was at 2 points by the close.
Except for the IT index all BSE sector indices closed in green. Banking, metal and power stocks were among the top gainers. Fertiliser stocks were also active on the bourses. The midcaps and smallcaps did well for themselves but outperformance came in from the largecaps.
Sensex was up 286.03 points or 2.02% at 14427.55, and the Nifty up 101.00 points or 2.46% at 4209.05.
About 2057 shares have advanced, 890 shares declined, and 59 shares are unchanged.
The BSE Midcap Index ended at 6,342.78 up 83 points or 1.3%.
The BSE Smallcap Index ended at 7,832.36 up 138 points or 1.8%.
The BSE Capital Goods Index was up 2.5% at 12,330.37. Suzlon Energy, Greaves Cotton, BHEL, AIA Engineering, Crompton Greave, L&T closed higher.
The BSE Health Care Index was up 1.5% at 3,538.59. GlaxoSmithKline, Ranbaxy Labs, Sun Pharma, Wockhardt, Apollo Hospital closed higher
The BSE Auto Index closed closed at 4,599.04 up 1%. Bharat Forge, TVS Motor, Ashok Leyland, Hero Honda, Amtek Auto, Escorts, Exide Industrie ended in the green.
The BSE Metal Index closed at 10,199.05 up 4%. Sterlite Ind, Shree Precoated, Tata Steel, SAIL, Mah Seamless, NALCO advanced.
The BSE FMCG Index gained 2% at 1,844.22 HUL, Dabur India, ITC, Marico, Godrej Consumer, Bata India closed higher.
BSE Oil and Gas Index closed at 7,620.91 up 2.6%. ONGC, GAIL, Essar Oil, Reliance Petro, Reliance, IOC ended in green.
The BSE IT Index lost 1% at 4,459.07. Satyam, Wipro, Infosys, closed lower.
The BSE Bankex was up 4% at 7,662.45. Kotak Mahindra, ICICI Bank, HDFC Bank, Axis Bank, Bank of India, Union Bank ended higher.
The NSE cash turnover was at Rs 8948.94 crore and the NSE F&O turnover was at Rs 40075.04 crore. The BSE cash turnover was Rs 3863.53 crore. Total market wide turnover was at Rs 52887.51 crore.

Source:Moneycontrol.com

Intraday Calls for 20th August

Market may bounce today. A gap up opening expected.
But be carefull and trade in small quantity & cut your long position at higher levels. Market can again see some correction in this month.

Buy Zylog System Target 450+ SL 425
Buy PSTL Target 295 SL 268
Buy Unitech Target 500+ SL 480
Buy Orchid Chem Target 215 SL 198
Buy Prithvi Info Target 290+ SL 272
Buy PunjLlyod Target 280 SL 256
Buy IDBI Target 122-125 SL 115

Others: Reliance, RCOM, Bharti Airtel, Axis Bank, ICICI Bank, Tech Mahindra, IVR Prime, Lok Housing, GMR Infra.

Good Luck.

Markets Today

It was one of the most volatile day for the markets in recent past wherein Sensex opened weak with over 150 points cut following second steepest ever drop yesterday and proceed to trade extremely weak on account of subprime issue coupled with Yen carried trade. Sensex fell nearly 600 points by the mid seesion but in post lunch trade the bulls put up brave fight leading to spectacular recovery over 500 points. But finally, bulls could not maintain their momentum and again markets slipped in late trade on the back of sharp sell off witnessed in metal and IT stocks.
Sensex ended down 216.69 points or 1.51% at 14141.52, and the Nifty was down 70.55 points or 1.69% at 4108.05. About 1010 shares have advanced, 1940 shares declined, and 52 shares are unchanged.
BSE Midcap was down 92.97 points or 1.46% at 6,259.47 and BSe Smallcap was down 102.46 points or 1.31% at 7,694.80.
BSE Auto index was down 101.32 or 2.17% at 4,560.85. Major losers in auto space were Cummins at Rs 358.05 down Rs 16.65 and Hind Motors at Rs 25.75 down Rs 1.10.
BSE Bankex was down 69.96 points or 0.94% at 7,351.37. Oriental Bank at 208.85 down Rs 9.80 and Kotak Mahindra at Rs 634.80 down Rs 31.05 were the top losers.
BSE Consumer Durable index was down 98.91 points or 2.41% at 3,999.01. Videocon Indust at Rs 339.95 down 6.09% and Rajesh Exports at Rs 505.00 down 5.52% were the top losers in this segment.
BSe Cap Good index was down 184.66 points or 1.51% at 12,029.90. Areva T&D at Rs 1,504.80 down 5.18% and ABB at Rs 1,024.75 down 3.36% were the worst hit counters.
BSE FMCG index was down 43.44 or 2.34% at 1,811.66. United Brewerie at Rs 281.10 down 6.41% and Colgate at Rs 368.05 down 4.29% were the top losers.
BSe Pharma index was down 39.65 points or 1.12% at 3,487.30. Orchid Chemical at Rs 200.95 down 6.51% and Wyeth at Rs 558.80 down 6.35 % were the weakest stocks.
BSE IT index was down 136.73 points or 2.95% at 4,500.40, Satyam at Rs 440.20 down 5.81% and Patni Computer at Rs 363.95 down 5.42% were the top losers.
BSe Metal index was down 488 points or 4.74% at 9,811.61. JSW Steel at Rs 567.75 down 7.55% and Shree Precoated at Rs 269.30 down 7.50% were the worst hit counters.
BSe oil & gas index was down 77.44 points or 1.03% at 7,427.15, HPCL at Rs 225.50 down 8.57% and GAIL at Rs 296.40 down 4.85% were the top losers.
BSE Realty index was up 39.80 points or 0.57% at 7,019.88. Anant Raj Ind at Rs 1,146 down 4.57% and Parsvnath at Rs 289.70 down 4.07% were the top losers.

Markets today:
Market makes smart recovery during the day in line with global markets
Nifty manages to close over 4100, Sensex over 14000
Sensex down 217 points at 14141.5; recovers 362 points from days low
Nifty down 71 points at 4108; recovers 100 points from days low
CNX Midcap Index down 2%, BSE Small-cap Index down 1.3%
All BSE Sectoral Indices end in the red barring Reality Index
BSE Metal Index down 4.7%, BSE IT Index down 3%, BSE FMCG Index down 2.3%
Index Losers; HPCL down 8.5%, Sterlite down 7.2%, Satyam down 5.8%, Tata Steel down 5.4%
Index Gainers; RIL up 0.80%, Sun Pharma up 1.8%, Wipro, Siemens up 1% each
NSE Advance Decline ratio at 1:4
Total market turnover at Rs 86945.69 cr Vs Rs 63845.27 cr on Thursday
New Listing: Zylog Systems closes at Rs 427.5 Vs listing price of Rs 435 (issue price Rs 350)


Turnover today:
BSE cash - Rs 6791.85 cr
NSE cash - Rs 15274.84 cr
NSE f&o - Rs 64879 cr
Total - Rs 86945.69 cr
Source:moneycontrol.com

Intraday Calls for 17th August

Market is in strong support zone. Sensex : 14000-14100 Nifty 4040-4140

Market will opens weak but I think that it will recover later. High volatility.
Trade carefully.

Buy at panic in the morning session.

SBI
BHEL
RCOM
ATLANTA
TRIVENI
HDIL
INDIABULLS
MINDTREE
PRITHVI INFO
POLARIS
ETC NETWORK
ORBIT CORP

Good Luck.