Thursday, August 6, 2009

Performance for 6th August 2009

SELL INFOSYS BELOW 2071 MADE A LOW OF 2040.
SELL TISCO GIVEN AT 462 MADE A LOW OF 449.5.
SELL SBI AT 1819 MADE A LOW OF 1789.


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Market Report 6th August 2009

Nifty is Finding it difficult to stay above the psychological 4700 levels.Markets are in a Over-Bought Situation.
Investors>> stay cautious.
FIIs net sellers Rs 224cr in F&O on Wednesday.
US markets drop on weak data.
Asian markets in red; Shanghai Composite tumbles 3%.
S&P downgrades Tata Motors on concerns over JLR.
Lloyds makes H1 loss as bad debts hit 13 bn.
Subros guides Rs 1,000 cr revenues in FY10.
L&T seeks regulatory nod to sell Satyam stake.
Lodha Dev to raise Rs 2000cr via IPO in Oct-Nov: Sources.
Reliance Media World to be listed on BSE, NSE.
Aggressive lending rates, high-cost deposits bleed SBI’s retail business.
RIL to acquire majority stake in Andhra gas distribution company.
Govt clears deck for NMDC stake sale.
Rel Infra wins Rs 11,000cr Mumbai Metro-II proj.
BHEL bags Rs 2,600 cr order for Orissa power plant.
Jet gets September deadline for Mumbai property.
Mini ratna RINL to get coveted Navaratna status soon.
Dr Reddy’s Lab launches ‘Finrid’ in India.
Five more power plants seek gas from RIL’s KG-D6 fields.
Infosys pursuing deals worth $1 bn this quarter.
Tatas look to buy out AIG in life insurance JV.
Canara Bank cuts auto loan rates.
BSE to acquire 15% stake in United Stock Exchange.
June sees highest power deficit in five years
Wipro may soon bag big-ticket outsourcing deals.

Singapore Nifty is trading at 4668 down by 28 points..

Performance for 5th august 2009.

BUY RIL GIVEN AT 2069 MADE A HIGH OF 2084.
BUY SESAGOA AT 245 MADE A HIGH OF 255.7
SELL MARUTI AT 1455 MADE A LOW OF 1431.
SELL HDIL AT 269 MADE A LOW OF 268.


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Wednesday, August 5, 2009

Performance for 4th August 2009

SELL SESAGOA GIVEN AT 268.IT MADE A LOW OF 265.


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Tuesday, August 4, 2009

PERFORMANCE ON 3rd August 2009

SELL RELCAP GIVEN AT 868 MADE A LOW OF 862.25
BUY MARUTI GIVEN AT 1441 MADE A HIGH OF 1484


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market Report 4th August 2009

S&P ends above 1K, Nasdaq above 2K post manufacturing data
Market cues: FIIs net buy $163.5 mn.
Maruti, M&M drive markets up to 14-month high.
Indian ADRs: Sterlite up 8.2%, Tata Motors gains 7.2%
Indian ADRs rallied on Monday. In the IT space, Satyam Computers was up 7.14% at $ 5.4, Infosys was up 3.14% at $ 44.38, Wipro was up 4.13% at $ 15.12 and Patni Computers was up 1.11% at $ 15.42.

In the banking space, ICICI Bank was up 5.9% at $ 33.2 and HDFC Bank was up 3.44% at $ 101.13. In the telecom space, MTNL was up 4.28% at $ 4.39 and Tata Communication was up 3.53% at $ 21.1.
Asian markets trading firm; Hang Seng, Nikkei up
Oil pauses after 3 pct rally, supply build up seen.
Bombay Dyeing Q1 net loss at Rs 19.7 cr.
Orchid Chemical Q1 net loss at Rs 29.8 cr.
L&T Plans QIP of $600 million.
MCX-SX to sell 47% stake, may fetch Rs 3k cr.
Bharti, MTN extend deal deadline by a month.
Exports continue to head south, plummet 27% in June.
Mahindra looking to expand non-tractor farm equipment biz.
L&T bags Rs 5,300-crore Bombay High revival order.
Sun Pharma settles patent dispute with Astra Zeneca .
Adani Power IPO price fixed at Rs 100 per equity share.
Tata Motors delivers 2,475 Nanos in 15 days.
Indian Hotels to raise capital through debt, equity


SIngapore Nifty is trading flat at 4,730.


Monday, August 3, 2009

Market Report 3rd August 2009

FIIs net buyers Rs 660cr in F&O on Friday

Asian markets mixed; Nikkei dips
Oil extends gains on US recovery hopes.
IT majors chase Rs 2,500-cr railways' outsourcing deal.

MTN board meet on Aug 18.Bharti Airtel and South Africa's MTN are likely to announce this week the status of the proposed merger to create a $23-billion entity, as the period for exclusive talks between them expired on July 31. The telecom majors could not come to any conclusion in their exclusive talks, which had started on May 25, for a possible share swap deal between the two firms, said market sources.
NTPC may lose up to Rs 30k cr: Anil
Jaiprakash Associates inks MoU for Rs 1,050 cr cement plant in Assam.
PFC to raise Rs 90,000 crore.
Reliance Infra's order-book set to cross Rs 50,000 crore.
FT may offload 52% in MCX-SX by Sept-end.
IMF gold sales may begin in 2010.
Govt to levy 10% ad valorem tax on iron ore.
Needed: 8 lakh Mw power for 9% growth.

SIngapore Nifty is trading at 4,675.0 up by 21.0 points..