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Stock Tips 10-August-2012
Stock Market Closing : 9-August-2012
Nifty Updates On : 9-August-2012
Nifty Technical Levels : 10-August-2012
Stocks to buy : 10-August-2012
BSE SENSEX and NIFTY benchmarks ended with a flat note due to depressing JUNE IIP data which contracted to 1.8% as against 2.4% in May, coupled with dismal corporate results including some of the index heavyweights like TATA MOTORS, RANBAXY and BHARTI AIRTEL. Other reasons for negative trend in the benchmarks include Moody's cut towards India's growth forecast to 5.5% for this year citing a lack of RBI action despite a broad-based slowdown and poor monsoons. Country's largest Telecom operator BHARTI AIRTEL extended losses to 6% due to poor quarter results whereas top lender SBIN tanked 4% after the weak IIP data in June. Index heavyweight RELIANCE INDUSTRIES dropped by 1.5% whereas STERLITE INDUSTRIES topped the buying list with gains of 3.6%
Commodity Tips And Updates 9-August-2012
share market tips today
Commodity Markets: Gold - Silver -Crude-Copper -Nickle
Commodity updates: 9-August-2012
International market gains on the domestic market pressure is to get gold and silver. The strengthening of the rupee against the dollar in the domestic market is to get pressure on gold. Comaks the gold and silver, 0.1 per cent 0.15 per cent has been strengthened with the 28 dollar has managed to cross. Naimaks the 0.3 per cent with the crude oil rose above $ 93.50. Copper on the LME have jumped by 0.5 per cent.
Stock Tips 9-August-2012
share market tips today
Stock Market Closing : 8-August-2012
Nifty Updates On : 8-August-2012
Nifty Technical Levels :9-August-2012
Stocks to buy : 9-August-2012
BSE SENSEX and NIFTY shed the previous gains and ended almost flat on WEDNESDAY after investors booked profit and index heavy weight and India's largest telecom operator Bharti Airtel posted poor quarterly numbers. The cut in India's gross domestic products (GDP) forecast by CLSA and CITI to 5.5 percent and 5.4 percent from 6.0 percent and 6.2 percent respectively also weight over the sentiments. Indian equities traded higher in early trading hours but took a U- turn later as negative opening of European markets led the rally after Bank of England cut the economic growth. However Bharti Airtel crashed 6.6 percent over the poor earnings, company's net profit fell 24.23 percent quarter-on-quarters to 762.2 crore while M&M and BPCL tried to hold NIFTY into positive terrain.