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Tuesday, 23 October 2012

Free Stock Tips : L&T Share Tips

Share Market closed today on the weak level after gaining some weight. Nifty falls 0.45% to close below 5,700. Market breadth was negative with 1,270 advances against 1,465 declines. The Sensex ended weaker by 83 points at 18,710 and the 50-share Niftyslipped 26 points to 5,691. The markets for the most part of the day were stuck in a tight range. Nifty moved in a range of 40 points and the Sensex moved in a range of 120 points.
Stock Recommendation for Thursday 25 October :
Buy Cipla, L&T Finance Holdings, hind copper. etc.
L&T Share tips

L&T reports 42% rise in quarterly profit, L&T is good Stock for Long Term Investment after 2to3 Years You get 5000Rs. For Thursday Buy Larsen-Toubro-Ltd with a target of Rs 1710 and stop loss of Rs 1644

Wednesday, 17 October 2012

Free Stock Tips|Recommendations for Infosys and HDFC

infosys tips
Share Market closed higher today because of some top shares which gained today, like Infosys and HDFC. Recently infosys was in down trend and was trading low from last some trading sessions, but today on Wednesday it recovered and traded high then expected. Infosys shares rose 0.6 percent, after falling 7 percent in the previous three sessions following disappointment over its earnings outlook and may cross 2400 mark tomorrow.
Recommendation : It is recommended that, there will be ups and downs in the interim till economy turns. 
Infosys Share Tips : Buy Infosys with target of 2400 and keep support of 2,357.
hdfc share tipsWheare as HDFC gained 1.2 percent on market talk MSCI will increase the weighting of the stock to account for the recent stake sale from Carlyle Group, which has increased the free floating shares.

Tuesday, 16 October 2012

DLF Share Trading Tips and Ideas for Tomorrow


DLF (BSE) ended today on Tuesday @208.00 -9.25 (-4.26%) Opened today @218.40 and Vol. 1.25M.
At NSE, the scrip closed at Rs 207.70, down 4.42 per cent.
Shares of DLF BSE -4.26 % today came under renewed selling pressure, falling over 4 per cent in an overall weak stock market, where the benchmark index Sensex plunged 136 points. There fore its recommended to sell tomorrow and book profit side by side, because there is high selling pressure and in charts it seems to move more down further. It will come down to 150 within one week.
SellDLF around 205-209 with support of 160 and target of 230

Friday, 12 October 2012

Stock Recommendation for Next week : Best Stock to Buy

share tips next week
Yes Bank is the hot stock and seems nice for the next week. Here is the Tip and recommendation for the same for next week :
Volume 1,409,344, Prev close - 397.05 , Day's H/L : (Rs.)400.00 - 392.55
Yes bank Buy Yes Bank above Rs 396, Target at Rs 402, Stop loss at Rs 394

Share Market Closed Today : Review

Share Market Closing Today 12 Oct : Sensexclosed down today. It drop over 100 points on Friday.
Infosys weakens today, contributed fall of 76.84 points in the Sensex. It was followed by Housing Development Finance Corporation (14.15 points), ICICI Bank (13.44 points), Bharti Airtel (6.12 points) and Oil & Natural Gas Corporation (5.52 points). However, HDFC Bank contributed rise of 11.43 points in the Sensex. It was followed by Tata Consultancy Services (5.2 points), Reliance Communications (5.13 points), ACC (4.87 points) and Jaiprakash Associates (2.39 points).
The BSE Mid and small caps outperformed their larger counterparts gaining 0.61% and 0.64% respectively.
Overall Market breadth was positive with 1,460 advances against 1,289 declines.

Tuesday, 9 October 2012

Indian Share Market Trend - Infosys, ONGC and SBI under Pressure

Indian Share Market Trend today : The NSE Nifty 50-share continued to trade below the 5700 level, which has been its resistance since the start of this week, weighed down by banking and financial, capital goods, technology and power stocks.


The 50-share NSE not bad continuing to trade below the 5700 level, that has been its resistance since the beginning of in the week, weighed down by banking and money, capital product, technology and power stocks. The rupee, that went on the subject of fifty one against the United States greenback last week, slippery  towards the fifty three level again; it absolutely was down by twenty four paise to fifty two.96 a greenback.
The mad cow disease benchmark fell 103 points to eighteen,690.40 and therefore the NSE benchmark went down thirty one points to five,673.75. The broader markets too were down zero.5 p.c as declining shares outnumbered declining by a magnitude relation of 1172 to 870 on the mad cow disease.

Amit Gupta of ICICI Direct expects the market to ascertain some consolidation currently. the best place base is made at five,600 , therefore it's unlikely for not bad to breach this level. However, he suggests shopping for if not bad starts inching nearer to five,600 levels.

Country's largest lenders banking concern of India, ICICI Bank and HDFC Bank born zero.8-1.3 percent.

Software services businessperson Infosys lost one.5 p.c earlier than its results for the quarter over September 2012 that regular to be proclaimed on Friday. Its rivals TCS and Wipro were down zero.3 p.c and one p.c, severally.

Engineering conglomerate Larsen & Toubro was down zero.9 p.c whereas its rival state-run BHEL tumbled one.4 percent.

Power producers NTPC and Tata Power fell one p.c every. Housing nondepository financial institution HDFC and medium operator Bharti Airtel declined zero.5 p.c every.

Utility vehicle maker Mahindra & Mahindra and state-owned oil & gas producer ONGC were down one.25 p.c every.

World's sixth largest steel manufacturer Tata Steel and drug producer Cipla gained one p.c. Index heavyweights Reliance Industries and ITC were up zero.2 percent.
Source : moneycontrol

Market : Sensex and Nifty ended higher today

Indian Share Market Closing Today : The markets ended today's session on positive note that is in green. From last two days it was closing with successive losses, today after 2 days it ended with positive note. Markets came off their day highs, amid weak European cues, to end with marginal gains on Tuesday led by software major Infosys. The Sensex advanced 72 points to provisionally close at 18,780 and the 50-share Nifty advanced 29 points to close provisionally at 5,705 levels.
BHEL, Hindalco, Gail India, Bajaj Auto, NTPC, Tata Motors, HDFC, ONGC and RIL are also among the losers.
BSE healthcare index is the top sectoral gainer, up 1.3% or 96 points at 7,612. Consumer durables, FMCG, capital goods, bankex, IT and metal indices are also up 0.2-1% each.

Thursday, 4 October 2012

Sensex and Indo Rama Synthetic Trading Tips 2012

Sensex tops 19,000 on reform hopes, liquidity; realty soars

Equitybenchmarks closed at their highest levels in 17 months ahead of the Cabinet meeting to discuss foreign direct investment in the insurance and pension sectors, among other key Bills.

Indo Rama Synthetic Stocks Trading Strategies for 2012:-
If we talk about the traders who trade in short term, Indo Rama can give them huge amount of money. Short term traders can enter the same at 22-21 and keep the stoplossof 19 with Target : 25.5

Medium term traders keep the stoploss below 17 and should keep Target of : 32.5 for coming months. 
While the long term tradersshould have strategies and should watch it continuously keeping the Target of : 35.5 and should have patience for above 1 Year.

Get it here : Nifty Tips India

Tuesday, 25 September 2012

Indian Share Market Tips and Rupee Outlook Today

The rupee opens lower at 53.52/53 vs 53.36/37 last close as local stocks fall tracking Asian indexes.
Month-end oil-related USD demand will be watched, say dealers.
USD/INR may move toward 53.66-75, followed by 54, but eventual risk remains for down move towards 52.18, the 38.2 percent of the 43.85-57.32 (February 27, 2011-June 22, 2012) rally, charts show.
Stock Market Trading Tips Today :
BHEL seems very strong, recommended to sell over next 3 sessions with target of 235
Sell sbin @current level sl 2220 target below 2200 2180 2160 

Wednesday, 19 September 2012

Nifty Trading Strategy Today 20 Sept

NIFTY (Opening – 5600.05)
Today in Indian Share Market, the Nifty opened flat on the same level it closed on 18 sept and traded in a narrow range the entire day. It was on a daily basis of consolidation when such huge moves. The Bank great had slightly of associate degree up day to support the great. tired all we tend to may see slightly of a correction towards 5550 when that this up move may continue with the support of the Bank great. The bias needs to be to travel long on dips with a stop loss at 5530..... Want Live Tips??? Get it here : Nifty Tips India

Tuesday, 18 September 2012

Market will be Bullish : don't book profits

Market is in long mode only for some more time in coming 3-4 successive weeks. (Angel Broking)
Its recommended by Siddharth Bhamre of Angel Broking that do not book profits so early because the market seems much bullish and gaining in coming weeks, he is also bullish on Nifty and continues to hold long positions despite more than 400 points up move seen in the Nifty.
He says that Those already holding long positions should go with the momentum and should not book profits now . "Everybody is waiting to get into this market at dips. According to us, that dip may not come till 5,750-5,800," he explained.

He suggests buying the 5,600 call option for those how have missed out the opportunity to enter the market. However, rise in volatility might lead to some correction, he cautioned.

We have been bullish since 5,250 odd levels. We continue to hold on to long positions despite more than 400 points move that happened in Nifty. We have reasons to be biased towards positive momentum despite the market going up significantly.

First, there is a strong left out feeling in the market, be it domestic, some of the FIIs and especially weaker hands in the market, everybody is now bullish, expecting momentum to continue, but there is a consensus. Usually, we go against the consensus, but this time we want to go with the consensus because consensus is coming with a caveat that they will buy on dips.
Secondly, this is to the audiences who have missed out, still we would suggest buy 5,600 call option and trade with positive bias in this market. Look at the FII figure from liquidity perspective. These figures are not saying that there would be a 100 point correction and then you will get a chance to move into this market.

Monday, 17 September 2012

Sensex under pressure post RBI policy, IT, FMCG stocks drag


The banking company of India's call to carry policy rates for the fifth straight month left investors discomfited. The Sensex born over two hundred points from the day's high whereas the broader great slipped below the five,600 mark. The rupee, too, pared gains against the greenback.

Markets hit a 14-month high on hopes that the financial institution would follow up the government's sudden spate of daring reform measures by reducing borrowing prices. whereas the financial institution praised the government's long-stalled policy initiatives to bolster growth and support its commercial enterprise position, it same the first focus of financial policy remained fighting inflation.

Markets were unmoved by the surprise twenty five basis purpose cut in money reserve quantitative relation, that is that the quantity of cash lenders need to keep with the financial institution. A cut in CRR can inject concerning Rs. 17,000 core into the banking industry prior expected liquidity tightness thanks to advance tax payments and festive-season demand.

Despite the frustration, rates sensitive stocks continuing to trade with sturdy gains. The bovine spongiform encephalitis banking index was up three per cent, the real estate index surged five.3 per cent, whereas automotive vehicle stocks listed two per cent higher.

On the great, rate sensitive stocks like real estate major DLF, below loaner IDFC, and personal loaner ICICI Bank were among the highest gainers, rising 5-7 per cent.

The majority of commerce came in defensive stocks like FMCG (down three.4 per cent) and attention (down two per cent) stocks. Tobacco major ITC was the highest loser on great, down 5.5 per cent. Drug maker Dr Reddy's declined nearly four per cent.

Clearly, the increase in risk craving diode to gains in cyclic  high beta stocks and a sales event in defensives. IT stocks conjointly saw immense commerce pressure. The bovine spongiform encephalitis IT index listed two.7 per cent lower. TCS and Infosys were among the highest losers on the great.

Aviation and retail stocks sustained their momentum despite weakness within the broader markets.

Kingfisher Airlines was fastened up, rising twenty per cent at Rs. 12.97, whereas SpiceJet listed eleven per cent higher. Retail stocks conjointly saw sturdy shopping for. Pantaloon Retail listed with twenty per cent gains.

The market breadth weakened tho' over sixty per cent stocks listed higher on the broader bovine spongiform encephalitis five hundred.

Global markets conjointly saw cautious trade when the large rally last week following the launch of recent U.S. economic input.


(Copyright : Thomson Reuters)

Thursday, 13 September 2012

Stock Intraday Trend : Sensex | Nifty

Sensex leaps on fuel price hike, QE3...Nifty tops 5500


NEW DELHI : The 50-share Nifty index is expected to open higher and may even hit its crucial psychological level of 5,500 on Friday tracking positive global cues after US central bank initiated another aggressive stimulus program to stimulate growth in the world’s largest economy.
At 07:30 a.m., Nifty India stock futures in Singapore were up 105 points at 5,551.50, indicating a strong opening on the domestic market.
Investors will keep a close eye on monthly inflation data which will be out later today. OMCs will also be in focus after a Cabinet committee raised price of heavily subsidised diesel by Rs 5/liter on Thursday to balance its fiscal deficit situation.
According to ET Now Poll, WPI inflation for August is expected to come at 6.9 per cent as compared to 6.87 per cent in July 2012. Core inflation which has gone up in the previous month is likely to remain above 5 per cent for the month of August also.
There is ample liquidity in system and with core inflation sustaining above the desired levels, the Central Bank is likely to stick to anti-inflationary stance, say analysts.
Majority of analysts do not expect the Reserve Bank of India (RBI) to cut interest rates in 17 September policy meet.
Sudip Bandyopadhyay, MD & CEO, Destimoney Securities Pvt. Ltd is of the view that if inflation remains at high levels then we have a problem of stagflation and somewhere we have to take policy action to come out of this complete chaos.
Though, we are not expecting any major policy decision from RBI on Monday, but we will continue to hope against some kind of easing that will come from the central bank which will provide a boost to the market and the industry,” he added.
Rise in diesel prices would directly translate into higher inflation atleast in the short term for the economy. However, putting cap on subsidies was required to bring down the burgeoning fiscal deficit situation of the economy, which most analysts feared might lead to rating downgrade for India.
Ratings agencies Standard & Poor’s and Fitch said earlier this year that a widening deficit had put India on the brink of losing the investment grade status.
Overnight, US stocks ended higher after US Federal Reserve announced to buy $ 40 billion worth of mortgage back securities per month.
As part of a new round of quantitative easing, the Fed said it would buy $ 40 billion of mortgage debt per month to keep borrowing rates low and would keep its benchmark interest rates “exceptionally low” until the middle of 2015,” Reuters reported.
The Dow Jones industrial average ended up 206.51 points, or 1.55 per cent, at 13,539.86. The Standard & Poor’s 500 Index was up 23.43 points, or 1.63 per cent, at 1,459.99. The Nasdaq Composite Index gained 41.51 points, or 1.33 per cent, to 3,155.83.
Asian shares rose on Friday after the U.S. Federal Reserve announced an aggressive new stimulus plan to revive growth in the world’s largest economy.
The Fed’s move will likely accelerate the risk-positive momentum at work since the European Central Bank’s bond-buying scheme to get borrowing costs down for euro zone members was approved by Germany’s constitutional court,” said a Reuters report.
Japan’s Nikkei 225 index was trading 1.4 per cent higher at 9125.17 and Hong Kong ‘s Hang Seng index was trading higher at 20,530.12, up 2.4 per cent.
South Korea’s Kospi index was trading 2.4 per cent higher at 1,997.45. China ‘s Shanghai index was trading 0.4 per cent higher at 2,118.12.
Global cues to watch out today:
14th Sep: 11:00, Euro Area Finance Ministers meet in Cyprus
14th Sep: 12:00, India Aug WPI, estimate 6.9%
14th Sep: 14:30, Euro zone Aug CPI, estimate 2.6% YoY
14th Sep: 14:30, Euro zone Q2 employment
14th Sep: 18:00, US Aug CPI, estimate 2% YoY
14th Sep: 18:00, US Aug advance retail sales, estimate 0.8%
14th Sep: 18:45, US Aug industrial production
NSE FNO Cues-Sep 13
Nifty Sep futures closed at premium of 16 points at 5450.7
Nifty Sep futures adds 2.6lk shares in OI
Stock Futures for all series add 47lk shares in OI
Nifty PCR at 1.02 Vs 1.05

Nifty Options-Sep series
Calls
Nifty 5500 call adds 4.8lk shares in OI
Nifty 5600 call adds 13.2lk shares in OI
Nifty 5700 call adds 7.5lk shares in OI
Max OI in Nifty 5600 call with 96lk shares

Puts
Nifty 5300 put adds 4.9lks shares in OI
Nifty 5400 put adds 12.9lk shares in OI
Nifty 5500 put adds 2.2lk shares in OI
Max OI in Nifty 5300 put with 100 lk shares
Copyright -The Economic Times

Wednesday, 12 September 2012

Indian shares hit 7-mth closing high; airlines jump on FDI hopes

Wed Sep 12, 2012 4:57pm
BSE rises 0.82 pct, NSE gains 0.76 pct
* Potential airline measures cement reform hopes
  • Fed meeting outcome on Thursday seen key
By Abhishek Vishnoi
MUMBAI, Sept 12 (Reuters) - India's BSE index rose for a sixth consecutive session to close at its highest since Feb. 23 on rising hopes for government reforms after the aviation minister signalled the country was moving to allow foreign direct investment into the sector.
Allowing foreign carriers to invest in the sector would help cement expectations for further government action, with investors also hopeful India will open up the multi-brand retail sector and raise fuel prices to lower its subsidy burden.
Gains in local shares on Wednesday also tracked a risk-on mood globally, after Germany's top court backed the legality of the euro zone bailout funds, although with conditions.

Investors are also hopeful the Federal Reserve will announce new U.S. asset purchases when it concludes its two-day meeting on Thursday, although some analysts warned of the dangers of relying on liquidity that is driven by global risk factors.
"The path is laid for FDI in aviation to go through,"said Ambareesh Baliga, chief operating officer at Way2Wealth Securities.
"International cues such as German court ruling are triggers which will take the market up for a while. But markets cannot sustain those higher levels unless you have a fundamental domestic reason to keep it up," Baliga added.
India's benchmark BSE index rose 0.82 percent to end at 18,000.03 points, just above the psychologically key level of 18,000 points.
The 50-share NSE index rose 0.76 percent to mark its highest close since March 14.
Data on Wednesday showing India's industrial output rose 0.1 percent in July, just below expectations for a 0.3 percent increase, had little impact in markets.
Instead, investors cheered comments from India's civil aviation minister Ajit Singh saying he had talked to most of the government's political allies on opening up the sector, raising hopes action could be near.
Policy reforms are seen key for a country facing ratings downgrades into sub-investment grade.
HSBC downgraded Indian stocks to "underweight" from "neutral" on Wednesday, citing the government's lack of progress in fiscal or structural reforms as a key factor.


AIRLINES SURGE
SpiceJet Ltd gained 7.12 percent, its biggest percentage gain since Aug. 7.
Under current rules, foreign airlines are barred from buying stakes in domestic carriers, although foreign investors are allowed to hold a cumulative 49 percent.
Kingfisher Airlines, which has been reeling under heavy debts, advanced 8 percent, while Jet Airways rose 4.85 percent.
Shares in Tata Motors gained 5.38 percent, marking a sixth day of gains on anticipation of a boost in sales when the auto maker releases a fourth-generation Range Rover in October.
Shares in Gujarat State Petronet Ltd gained 3.8 percent, after Petroleum & Natural Gas Regulatory Board (PNGRB) cuts tariffs to transport gas via high pressure networks in the state of Gujarat by less than expected.
Apollo Tyres jumped 6.46 percent to 99.65 rupees, after Bank of America-Merrill Lynch raised its target price to 135 rupees, predicting profit margins would continue to improve on the back of a better sales mix and pricing discipline, among other factors.
However, shares in Reliance Mediaworks dropped 2.6 percent on worries about its loan exposure after Digital Domain Media Group Inc filed for bankruptcy protection. Shares in the Indian unit of Siemens fell 2.7 percent after the German company sold 1.1 pct of its stake via 8 block deals.
Siemens had been looking to sell about a 1.2 percent stake in a deal meant to raise up to $50 million, according to a term sheet seen by Reuters on Tuesday. For more stocks on the move, double click
FACTORS TO WATCH
Euro rally after German court verdict
* Oil gains on euro zone bailout, Fed hopes
* Euro bailout fund approval boosts global stocks
* Foreign institutional investor flows
* For closing rates of Indian ADRs
ASIA-PACIFIC STOCK MARKETS:
Pan-Asia........ Japan....... S.Korea... S.E. Asia....... Hong Kong... Taiwan.... Australia/NZ.... India....... China.....

OTHER MARKETS: Wall Street .... Gold ....... Currency.. Eurostocks..... Oil ........ JP bonds... ADR Report ..... LME metals. US bonds.. Stocks News US.. Stocks News Europe

DIARIES & DATA: Indian Data Watch Asia earnings diary U.S. earnings diary European diary Indian diary Wall Street Week Ahead Eurostocks Week Ahead

TOP NEWS: For top Asian company news, double click on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms news Media news Banking news Politics/General Asia Macro
(Additional reporting by Manoj Dharra)
Copyright in.reuters

Friday, 7 September 2012

Market Outlook and Nifty on Monday

Indian Share Market Review | Market closed today : The BSE Sensex closed at 17,683.73 up 337 points higher on Friday tracking a rally in global shares, led by gains in blue-chip shares such as Reliance Industries(RELI.NS) that gained after CLSA raised its target price.
Banks shares also gained on hopes the Reseerve Bank of India (RBI) may cut rates on September 17 if the government announces reform measures next week.
The BSE index rose 1.95 percent. The 50-share NSE index ended up 1.98 percent.
Indian stocks opened gap-up tracking the global rally and the momentum stayed through the session.

High beta stocks, such as metals and realty, benefitted the most from today's rally. Commodity stocks gained as the liquidity push is expected to drive prices up. Capital goods stocks also saw strong buying interest and outperformed all other sectoral indices on the BSE.

Realty major DLF was the top Nifty gainer, rising 5.6 per cent. Steel maker Tata Steel advanced 5.6 per cent. Private lender ICICI Bank, commercial vehicles manufacturer Tata Motors, cement and infra major Jaiprakash Associates, and India's biggest engineering and construction firm L&T closed with 4-5 per cent gains.

Oil refiner BPCL was the only stock to close lower on the Nifty-50. Shares in oil marketing firms witnessed selling pressure after Petroleum Minister S. Jaipal Reddy said there was no immediate plan to increase fuel prices. The announcement left investors disappointed, who were expecting a price hike as early as today. BPCL declined 0.63 per cent.

The market breadth was strong with 75 per cent stocks rising on the broader BSE 500 index.

Analysts were mixed in their outlook, some expecting markets to go up, while others suggesting profit booking.

"Markets are likely to go up from here on the back of liquidity... There is no improvement in fundamentals, but liquidity can do crazy things," Devang Mehta, vice president (equity sales) Anand Rathi told NDTV Profit.
Source -- NDTC.Profit

Nifty Levels for Monday 10 September :
Pivot : 5432 , 
Support-1 : 5148.5 , Support-2 : 4954.9 , Support-3 : 4671.4
Resistance-1 : 5625.6 , Resistance-2 : 5909.1 , Resistance-3 : 6102.7

Tuesday, 4 September 2012

Tech Mahindra acquires Hutchinson : Market Outlook

Tech Mahindra Acquires Hutchinson Global Services
Tech Mahindra Limited, a leading provider of solutions and services to the telecommunications industry, today on tuesday 4 Sep 2012, announced the acquisition of 100% stake in Hutchison Global Services Private Limited for US $ 87.1 m, payable upfront. 
Hutchison Global Services provides services to the clients of Hutchison's mobile firm in the UK, Ireland and Australia, the statement said.

As part of the deal, the clients of Hutchison Global have committed to procure services worth USD 845 million over a five-year period, said Tech Mahindra, a unit of India's Mahindra & Mahindra Ltd

Hutchison Global Services has about 12,000 employees operating out of five facilities in India.

British outsourcing group Serco was also interested in buying Hutchison Global Services, which services Hutchison’s mobile firm Three in the UK and Ireland as well as Vodafone in Australia.

Source : techmahindra.com

Wednesday, 29 August 2012

Indian Share Market Trend and Outlook Today



Securities in Ban For Trade Date 30-August-2012
1 COREEDUTEC
2 MCDOWELL-N
3 MTNL
4 ONMOBILE

INDIAN SHARE MARKET NEWS TODAY :-
  • The Authority for Advance Ruling has ruled that the USD 125 million-class action suit settlement done by Mahindra Satyam (formerly Satyam Computer Services Limited ) is taxable.
  • SKS Microfinance has allotted 44.5 lakh shares on preferential basis to Kumaon Investment Holdings. As per the details of the acquisition, Kumaon Investment Holdings will acquire 44.5 lakh shares carrying voting rights equivalent to 4.11 per cent, SKS said.
  • Fitch downgraded Tulip Telecom from junk to default status following its failure to redeem its $97 million, or Rs 533.5 crore, outstanding FCCBs.
  • Debt overhang coupled with the inability to raise equity has forced Orchid Pharma to sell its Penicillin and Penem active pharma ingredient (API), including its plant in Aurangabad, to US-based Hospira for around $200 million (Rs 1200 crore).
  • New Delhi India has approved a Rs 23000 crore package for spurring production of pure electric and hybrid vehicles of all types.
  • Tech Mahindra  block deal - CNBC-TV18 Exclusive BT to sell 5.6-8.4% stake worth $100 m in Tech Mahindra Pricing to be Rs.775-790/sh, 5-7% discount to CMP BT has option to upsize block deal to $150m
  • JPMorgan, Credit Suisse bankers to the deal Post stake sale, BT stake to be between 14.73-17.54%
  • ISARC partners with Vijaya Bank  for resolution of NPA CNBC-TV18 Alert - ISARC is India SME Asset Reconstruction Company Ltd
  • DLF  Promoter cuts stake, sells 34.5 lakh shares for Rs 70 Cr Alert Post transaction holding down from 1.55% to 1.34% Redington  to hive off its supply chain business into a separate entity FE ONGC Videsh in talks to buy shale gas assets in US & Canada - PTI
  • Alembic Pharma  major part of the mfg ops at Halol, Vadodara restored Ricoh India  to seek shareholders nod for delisting Aarti Industries  board meets to consider demerger of the
  • manufacturing business
  • Gati  planning to rope in a strategic partner for its shipping division - DNA
  • Jaypee Infra  loses Rs 1100 cr road infra project in UP as new govt has shelved land for development model FE
  • Bain, KKR vie for 30% stake in Lanco's power projects - BS
Source Moneycontrol

Monday, 27 August 2012

Indian Share Market Trend - NSE|BSE

Share intraday tips :
Buy Maruti Suzuki India Ltd below 1180.00, target 1192.00 for Intraday
Buy Grasim Industries AUG Futures in the range of 3040-3045
Buy Housing Development & Infrastructure Ltd below 74.00, target 75.20 for Intraday
Nifty Breaks its Crucial Support :
Today on Tuesday 28 August, BSE Sensex and Nifty drifted further lower amid increased volatility. Indian Share Markets are expected to be choppy ahead of the derivatives expiry later this week.
At 10.40 a.m., the Sensex traded 25 points or 0.14 per cent lower at 17,653 while the broader Nifty index was down 11 points to 5,339. The rupee, too, traded lower against the dollar at 55.77.
Other then this Metal stocks saw the deepest cut, falling 1.8 per cent. Metals are high beta stocks and tend to fall more than the benchmark indices. 

Wednesday, 22 August 2012

Trading Strategy and Market Outlook


Indian Share Market falls down with some stocks like "Bharti Airtel" showing 4- year low. Almost every sector closed negative.
Why Bharti Airtel shares have hit a 4-year low?
Following are the answers for the same :-
Bharti Airtel fell as much as 3.44 per cent to its lowest intraday level since October 2008 today. 
1) Credit Suisse has become the latest brokerage to downgrade Bharti Airtel. 
2) On Tuesday, Morgan Stanley had downgraded Bharti Airtel to "equal-weight" from "overweight" and cut its target price by nearly 25 per cent to Rs 280. 
3) Pressure on profits : Intense competition has forced the carrier to pare some call prices and spend more on networks and marketing in an effort to hold market share, squeezing margins.
4) African business yet to turn around
5) High debt continues to adversely affect the company's performance
More Details - you can get from profit.ndtv.com

Thursday, 16 August 2012

Reliance Ind Shares Risen Up : 5 Month High


Reliance Industries shares were among the top gainers on the Nifty index Thursday as a report by global brokerage Goldman Sachs said it can potentially become a $100 billion stock in four years. Reliance, the most valuable Indian firm in terms of market capitalisation, is currently valued at around $47 billion.
The stock traded 2.6 per cent higher at Rs 820.40 on the NSE to hit a 5-month high.

The BSE Sensex and the Nifty index bounced back from the day's low on the back of the outperformance in the stock.

Goldman said Reliance needs to get government approvals on investments and gas prices, restrict its focus to core businesses, and return some of its surplus cash in the form of dividends or buybacks, among other measures.

Reliance's underperformance over the last 18 months has cast a shadow over Indian equity markets. That's because the stock carries a substantial weightage on both the Sensex and Nifty indices. The stock, once a favourite with foreign funds, has seen a slump in investor interest as profits shrunk amid a slowdown in its core energy business and recent forays into consumer-focused segments such as telecom and retail have yet to garner profits.

SOURCE : Profit.ndtv.com

Monday, 13 August 2012

Indian Share Market Trend : BSE

BSE may list shares in first half of 2013
One of the country’s premier stock exchanges, Bombay Stock Exchange, has set up a working committee to process its proposed initial public offering (IPO).

According to Ashishkumar Chauhan, Interim CEO of the "cash-rich" Exchange, said the committee is in the process of preparing a red herring prospectus and fine tuning other formalities. “The company may get listed in the first or second quarter of calendar 2013,” he said.

According to him, the idea of IPO is to give an exit route for its existing investors, rather than mobilising funds, and hence “it will be an offer for sale.”

At present, various broking houses hold over 43% stake in the company, followed by institutional investors with close to 40% and the remaining stake is held by some retail investors.

Under the current regulation, BSE needs to dilute up to 25% stake, and the committee will work out an elaborate plan on how to go about this, said Chauhan.

On BSE’s efforts to attract QFIs (qualified foreign investors), he said the exchange encourages and facilitates setting up of offices abroad by broking companies. BSE is the first Indian stock exchange to ring in the first QFI transaction (by a US-based investor) in June. One of its broking houses is now setting up an office in Dubai and is likely to go on stream by September this year.

Talking about BSE’s competitiveness in terms of transaction cost in the futures and options segment, Chauhan said the exchange charges just Rs 50 for every Rs 1 crore transacted in Options. This results in option trading cost on BSE being 85% lower than other exchanges. It does not charge any transaction cost for futures.

Tuesday, 7 August 2012

Realiance Look Cheap : Market Updates


We saw a big spike up in RIL yesterday, there is no clear cut explanation or something which can be given as a reason for the same, but i think the combination of factors made that move possible. One was the KG basin talk. Secondly, the refining margins like the product margins have also moved up sharply over the last few weeks. So, some analysts are becoming more bullish on refining margins for this quarter.
Overall, the stock continues to be cheap. However, I think the triggers are still lacking in terms of creating a longer term bigger upmove because the production in KG basin is still falling. So, I think it’s a cheap stock. It will keep on having its rallies in between, but there doesn’t seem to be any big upmove coming through, unless and until the telecom story starts unfolding.
By - Prabhudas Lilladher