Stock Markets

Nifty Has Support At 4710-4680: Nirmal Bang

Nifty Has Support At 4710-4680: Nirmal BangThe benchmark indices ended at 15-month highs—their highest closings since June 2, 2008. The Sensex touched a new 2009 high of 16,035.50, before closing at 16,016 up 327 points or 2.09%. While the Nifty advanced 102 points to finish at 4,782 after seeing a high of 4,790. The broader indices outperformed the benchmark indices, up 2.3-2.8%. Buying was across the board and all the sectoral indices ended in green barring FMCG. The BSE Realty Index shot up 5.5%.

World Market Review and Indian Stock Market Analysis by Nirmal Bang Securities

marketsThe benchmark indices ended at 15-month highs-their highest closings since June 2, 2008. The Sensex touched a new 2009 high of 16,035.50, before closing at 16,016 up 327 points or 2.09%. While the Nifty advanced 102 points to finish at 4,782 after seeing a high of 4,790. The broader indices outperformed the benchmark indices, up 2.3-2.8%. Buying was across the board and all the sectoral indices ended in green barring FMCG. The BSE Realty Index shot up 5.5%.

World Market Review and Indian Stock Market Analysis by Nirmal Bang Securities

files/Sensex3.jpgThe Sensex snaps four day loosing streak and ended higher on positive European cues and surge seen in the Hang Seng index which lifted the market sentiment. Buying was seen in metals, auto, oil & gas and capital good stocks. All sectoral indices on the BSE closed in the green. The Sensex was up 291 points to 15,674 and the Nifty rose 87 points, to 4,680 after trading in the range of 4695-4580. The broader indices also gained 1% each.

Sensex Declines By 69 Pts, To Settle Negative At 15,398 Pts

Sensex Declines By 69 Pts, To Settle Negative At 15,398 PtsThe markets corrected for the fourth consecutive day on the back of selling in index pivotal stocks. Selling was seen in shares of oil & gas exploration, capital goods, pharma and select auto and power companies. However select buying seen in realty, metal and oil marketing shares. The Sensex fell 69 points to settle at 15,398. It slipped nearly 200 points from intraday high of 15,598.

World Market Review and Indian Stock Market Analysis by Nirmal Bang Securities

BSEAsian stocks fluctuated as higher commodity prices boosted mining and energy producers. Healthcare companies declined. Rio Tinto Group, the world's third? largest mining company, gained 1.5 % after copper prices rose for a third day. Canon Inc., which got 28 % of its revenue last year from the Americas, rose 1.7 % in Tokyo as U. S. retailers posted greater? than? forecast sales. Dainippon Sumitomo Pharma Co., which offered to buy a U. S. drugmaker yesterday, sank 5.1 % in Tokyo after Merrill Lynch & Co.

Stock Mkts Need A Solid Trigger To Lift The Overall Sentiment: Nirmal Bang

BSEThe markets corrected for the fourth consecutive day on the back of selling in index pivotal stocks. Selling was seen in shares of oil & gas exploration, capital goods, pharma and select auto and power companies. However select buying seen in realty, metal and oil marketing shares. The Sensex fell 69 points to settle at 15,398. It slipped nearly 200 points from intraday high of 15,598. The Nifty closed below the 4600 mark at 4593 down 15 points. Among the broader indices ?

World Market Review and Indian Stock Market Analysis by Nirmal Bang Securities

World Market Review and Indian Stock Market Analysis by Nirmal Bang SecuritiesU. S. stocks fell for a fourth day, the longest losing streak for the Standard & Poor’s 500 Index since May, as reports on job losses and factory orders spurred concern that the economy is struggling to recover.

Indian Stock Markets Review By Nirmal Bang

files/Indian-Stock-Market_0.jpgThe markets corrected for the third consecutive day on weak global cues amid volatility.

Selling pressure was seen in capital goods, realty, private banking and select power stocks while oil marketing companies outperformed other large cap stocks.

The Sensex closed at 15,467 down 84 points after trading between 15,628 and 15,392.

Stock Market Trend Slightly Looks Nervous: Nirmal Bang Research

Stock Market Trend Slightly Looks Nervous: Nirmal Bang ResearchThe benchmark indices ended weak for the second day on the back of weak European cues. Selling was seen in capital goods, power, oil & gas exploration, realty, metal, pharma and banking shares. The key benchmark index ended 115 points lower at 15,551 after seeing an intra-day high/low of 15,923-15,475. The Nifty shed 37 points to finish at 4,625. The BSE midcap and smallcap indices were down 1.5% each.