NIFTY OUTLOOK FOR 26TH JULY 2012
NIFTY SPOT LEVEL
TREND – BEARISH
BANK NIFTY FUTURES
July Series will end with Flattening
Udayan Mukherjee says that today is expiry date of the July series. The quarterly results of companies in terms of today's trading session is crucial. ITC , BHEL , ACC and Ambuja Cement giants will be the third quarter results today. Due to the expiry of the flat start today.
According to Udayan Mukherjee, the European Sentr Bank (ECB) after positive statements have been showing some stability at the global situation. ECB has assured that the ESM can get the banking license. The Nifty 5,100 level has come, and that is not expected to fall. However, a positive sign of the increasingly visible.
25TH JULY PERFORMANCE:
EDUCOMP FUT 3TG, INDIA MOTOR PART 3TG,
DEWAN HOUSING 3TG, THINKSOFT GLOBAL 3TG,
INDIA MOTOR 2ND CALL 3TG, THINKSOFT GLOBAL 2ND CALL 3TG,
MCLEOD FUT 2TG, ZEEL FUT 1TG, JSW STEEL FUT 1TG,
LNT FUT 1TG, NIFTY FUT 1TG, GEOMETRIC 1TG,
MASTEK 1TG, BTST HUL FUT & TATA GLOBAL FUT TG ACHIEVED
STBT LNT FUT & UNITED SPIRITS FUT TG ACHIEVED
JET AIRWAYS FUT EXIT AT SL
Free Trial for Technical Calls in Equity & Commodity Market
STOCK MARKET REVIEW: 25TH JULY 2012
BSE Small-Cap index was up .19% while the BSE Mid-Cap index finished .16% up.CNX MIDCAP 50 index was up .46% and S&P CNX 500 was up around .24%.The SENSEX closed 43 points up at 16,921 and the NIFTY stood at 5,128 up by 10 points.
BSE SENSEX and NIFTY both benchmarks closed on negative grounds. The BSE benchmark fell 72.36 points to 16,844.72 and the NSE benchmark was down 17.15 points to 5109. The Indian rupee too recovered from day’s low of 56.41 to 56.21. HCL TECH was amongst the top gainers with 6.7% change due to whopping Q1 results. Cigarette major ITC rallied 1.3% while private sector lender HDFC BANK gained 0.6%. Shares of ICICI BANK, TCS and INFOSYS turned positive. FMCG major HUL remained lower by more than 2%, L&T and public sector lender bank SBI went down .75%. Among metal and mining stocks, Sterlite, Hindalco, Coalindia, and Tatasteel dropped by 1-2% whereas Jindalsteel tanked 4%.
Today’s nifty top gainer were:
HINDUNILVR changed 7.57% with 1, 24, 34, 286 volumes
RANBAXY changed 3.03% with 5, 42, 436 volumes
STER changed 2.71% with 59, 85,485 volumes
Today’s nifty top losers were:
WIPRO with volume 36,15,888 and changed -3.07%
SAIL with volume 30, 64,007 and changed -2.80%
LT with volume 17, 84,131 and changed -1.75%
For free calls fill the Free Trial formJoin us on Facebook
Follow me on Twitter