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Daily News Letter 27aug2012
Daily News Letter 27aug2012
Daily News Letter 27aug2012
27August 2012
MARKET WRAP
France's CAC, Britain's FTSE & Germany's DAX were dropped 0.17%-0.28%. Sensex closed down 0.38% @17783.21pts; Nifty down 0.53% @ 5386.70 pts. NASDAQ was down by 0.66%, Dow Jhones Ind. Avg. was down by 0.88%. Sensex dropped 67.01 pts @ 17,783.21 pts due to downward journey in infrastructure and banks stocks while Nifty dropped 28.65 pts @ 5,386.70 pts due to weak Asian cues after doubts over Greeces future in the Eurozone and easing of hopes of US QE3.Delay in purchasing dollar due to a two day nationwide bank strike pushed rupee lower.
MARKET PERFORMANCE
NIFTY GAINERS
COMPANY NAME Coal India ONGC BPCL Sesa Goa Maruti Suzuki CURRENT 367.05 286.85 354.55 191.90 1190.30 PREV. CLOSE(RS) 359.10 281.70 351.15 190.40 1181.00 CANG.(RS) 7.95 5.15 3.40 1.50 9.30 CHAG.(%) 2.21 1.83 0.97 0.79 0.79
NIFTY LOSERS
COMPANY NAME DLF Reliance Infra JP Associate Tata Steel Jindal Steel & Power CURRENT 207.70 486.65 75.20 387.80 396.85 PREV. CLOSE(RS) 214.20 501.20 77.40 398.55 407.80 CANG.(RS) -6.50 -14.55 -2.20 -10.75 -10.95 CHAG.(%) -3.03 -2.90 -2.84 -2.70 -2.69
SECTORIAL INDICES
INDEX S&P CNX NIFTY CNX NIFTY JUNIOR CNX IT BANK NIFTY CNX 100 S&P CNX DEFTY S&P CNX 500 CNX MIDCAP NIFTY MIDCAP 50 P.CLOSE 5,415.35 10,131.70 6,207.60 10,457.70 5,274.90 3,400.00 4,248.05 7,249.05 2,077.00 OPEN 5,392.60 10,128.50 6,167.15 10,404.50 5,255.75 3,375.85 4,235.35 7,247.65 2,076.30 HIGH 5,399.65 10,128.50 6,181.25 10,412.25 5,258.95 3,379.65 4,235.85 7,247.65 2,076.30 LOW 5,371.00 LAST 5,386.70 % CHANGE -0.53 -0.30 -0.59 -1.19 -0.49 -0.98 -0.52 -0.57 -0.45
10,318.55 10,332.85 5,231.70 3,359.00 4,213.10 7,184.45 2,056.00 5,248.85 3,366.60 4,226.00 7,207.65 2,067.70
TECHNICAL VIEW
NIFTY DAILY PIVOT
INDICES NIFTY R4 5469 R3 5441 R2 5413 R1 5400 P 5385 S1 5372 S2 5357 S3 5329 S4 5301
OUTLOOK
Trend: - Consolidate Resistance: - 5425 5505 5, Support: -5350, 5 5270 Strategy: - Sell on High
NIFTY DAILY
OUTLOOK
Trend: - Consolidate Resistance: -10465 10615 465, Support: -10290, 10140 Strategy: - Sell on High BANK NIFTY DAILY
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