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Stock Tips 16-July-2012
Stock Market Closing : 13-July-2012
Nifty Updates On : 13-July-2012
Nifty Technical Levels :16-July- 2012
Stocks to buy : 16-July- 2012
BSE SENSEX and NIFTY traded lower and ended almost flat as investors remained on the edge and eyed the inflation data scheduled to be announced on 16 JULY. Inflation numbers would play a key role to review the monetary policy by Reserve Bank of India and take the final decision accordingly. Experts are expecting June inflation in range of 7.55%-7.8% against the previous month's 7.55% and core inflation in the range 4.9%-5.5% against 4.8% in MAY. Indian rupee outperformed today and appreciated smartly by 63 paise to 55.31 against the US DOLLAR. However TCS, Heromoto Company and banking leader HDFC Bank helped the market to recover while Jindal Steel and Power, Tata Power and SBI traded under pressure.
Stock Tips 13-July-2012
Stock Market Closing : 12-July-2012
Nifty Updates On : 12-July-2012
Nifty Technical Levels :13-July- 2012
Stocks to buy : 13-July- 2012
BSE SENSEX and NIFTY tanked on the session ahead of poor quarterly earnings by INFOSYS. Index heavy weight Infosys fell almost 8 percent to 2260 as company's net profit down quarter-on-quarter to Rs. 2289 crore against the analysts expectations of 2448 crore, took the SENSEX to hit a low of 309 points intraday. Weak global cues and rumors unlikely of rate cut by Reserve Bank of India added the fuel to the fire. Another IT giant TCS is to also announce 1st quarter earnings results post market hours. As TCS outperformed over the last few quarter analysts are expecting to repeat the same and hope to grow the net profit after tax up to 11 percent quarter-on-quarter to Rs. 3250 crore while revenue is seen up by 12 percent to Rs. 14,806 crore.
Commodity Tips And Updates 13-July-2012
Commodity Markets: Gold - Silver -Crude-Copper -Nickle
Commodity updates: 13-July-2012
Ended in the international market in gold, while silver is trading flat. Comaks with gold up 0.32 per cent at $ 1,570. $ 27 per ounce, while silver is trading at the level of slack. On Thursday, gold in the domestic market dropped 0.15 per cent to Rs 29 220, while silver nearly 0.5 per cent to Rs 52 970 with strength today.
Naimaks slight decline in crude oil is trading with, the price at 85 dollars a barrel. MCX crude on Thursday closed at Rs 4783 with slight edge.
Copper on the London Metal Exchange is trading with 0.30 per cent. Copper flat on Thursday in the domestic market with the business closed around Rs 422.