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Daily News Letter 21sep2012
Daily News Letter 21sep2012
21 September 2012
MARKET WRAP
Sensex dropped 0.79% @ 18,349.25 pts; Nifty dropped 0.82% @ 5524.25 pts. Frances CAC, Britains FTSE and DAX were dropped from 0.45 % to 0.78 %. Nasdaq was rose 0.15% while Dow Jones Industrial Average was up 0.10 %. Sensex fell 146.76 pts @18,349.25 and Nifty went down 45.8 pts @ 5,524.25. The market weighed down by weak global cues & it has been more worried over political instability since the Trinomial Congress (TMC) chief decision to withdraw support from UPA Govt. Index heavyweight Reliance Industries lost 2.7% and HDFC was down 1.9%.
MARKET PERFORMANCE
NIFTY GAINERS
COMPANY NAME BPCL Bajaj Auto TCS ONGC Ranbaxy Labs. CURRENT 346.00 1789.80 1315.90 284.15 532.50 PREV. CLOSE(RS) 337.45 1748.55 1299.80 280.75 526.90 CANG.(RS) 8.55 41.25 16.10 3.40 5.60 CHAG.(%) 2.53 2.36 1.24 1.21 1.06
NIFTY LOSERS
COMPANY NAME BHEL GAIL India Reliance Infra Tata Steel Coal India CURRENT 216.15 374.60 495.80 393.10 364.50 PREV. CLOSE(RS) 225.00 388.00 511.95 405.30 375.55 CANG.(RS) -8.85 -13.40 -16.15 -12.20 -11.05 CHAG.(%) -3.93 -3.45 -3.15 -3.01 -2.94
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 5,600.05 10,502.40 6,370.60 11,043.50 5,456.80 3,584.45 4,390.85 7,563.55 2,155.80 OPEN 5,536.95 10,499.50 6,310.00 10,907.70 5,404.15 3,526.45 4,355.95 7,562.45 2,154.95 HIGH 5,581.35 10,545.20 6,469.05 11,031.80 5,444.35 3,562.85 4,379.90 7,562.45 2,156.05 LOW 5,534.90 LAST 5,554.25 % CHANGE -0.82 -0.13 0.81 -1.11 -0.72 -1.09 -0.73 -0.70 -1.01
10,887.00 10,920.80 5,401.60 3,525.10 4,349.75 7,470.00 2,123.65 5,417.70 3,545.40 4,358.95 7,510.65 2,134.05
TECHNICAL VIEW
NIFTY DAILY PIVOT
INDICES NIFTY R4 6383 R3 6079 R2 5775 R1 5664 P 5471 S1 5360 S2 5167 S3 4863 S4 4559
OUTLOOK
Trend: - Bullish Resistance: - 5610 5700 0, Support: -5525, 5 5445 Strategy: - Buy on Dips
NIFTY DAILY
OUTLOOK
Trend: - Bullish 090, Resistance: -11090 11240 Support: -10870, 10720 Strategy: - Buy on Dips BANK NIFTY DAILY
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