~~~Market Updates~~~

Sep 14, 2006.
SENSEX-> 11973.02 (79.23 points, 0.67%)
NIFTY-> 3471.60 (17.05 points, 0.49%)

SENSEX:
Day's High: 12002.94
Day's low: 11892.24

Sep 15, 2006.
Sensex closes above 12000 for 1st time since May 17.
SENSEX-> 12009.59 (36.57 points, 0.31%)
NIFTY-> 3478.60 (7.00 points, 0.20%)

SENSEX:
Day's High: 12041.70
Day's low: 11847.61

Markets this week:

:arrow: Sensex up 0.8% at 12010, Nifty up 0.2% at 3479 points
:arrow: CNX Midcap Index up 0.4%; BSE Small Cap Index down 0.8%
:arrow: BSE Bank Index up 5.2%; ICICI Bank up 7%, SBI up 4%; OBC up 9%
:arrow: BSE IT Index up 1.3%; Satyam up 4%, TCS up 1%, Infosys up 1%
:arrow: BSE Metal Index down 4.7%; Hindalco down 8%, Tata Steel, Nalco down 4%
:arrow: Index Gainers: Zee up 10%, Jet Airways up 7%
:arrow: Midcap Gainers: Indiabulls up 25%, UBI, Vijaya Bank up over 9%
:arrow: Small Cap Gainers: Orient Paper up 18%, UWB up 18%, ITI up 16%

F&O UPDATE

:arrow: Turnover at Rs 23045.57 cr
:arrow: Nifty Fut discount at 4 pts
:arrow: Top Traded:Ashok Leyland;Escorts,HPCL,BPCL,NDTV
:arrow: Nifty adds 14 lakh shares in OI
:arrow: Ashok Ley adds 17 lakh shares in OI
:arrow: Guj Amb adds 9 lakh shares in OI
:arrow: Hindalco adds 4 lakh shares in OI
:arrow: India Cement adds 2 lakh share in OI
:arrow: ITC adds 8 lakh shares in OI
:arrow: L&T adds 9 lakh shares in OI
:arrow: Century textile adds 3 lakh shares in OI
:arrow: BPCL adds 4 lakh shares in OI
:arrow: Escorts adds 6 lakh shares in OI

http://news.bbc.co.uk/2/hi/business/6208740.stm

:shock: :clap: :thumbsup:

Market is crashing continously today it touched 12579.75 down by 117 points. Rumours are floating around that Market will touch 11000 :shock:

Market crashed 616 point today :redjump: :bluejump: Due to increase of CRR to 6.50%

If inflation doesn't come into control, the rate hike will continue. IMO, 1 or 2 more such hikes are inevitable. The govt is trying to control inflation at the cost of economic growth. But I don't see any other alternative to control inflation without causing economic slowdown, So can't blame them.

According to Vivek Patil, if the markets tests 12315 levels, there r chances of the market going into a long term bear phase... For the kind of negative sentiments in the market, it looks like the level may well be tested even this week. Keeping my fingers crossed & trying to control my temptation to buy into some stocks which seem to be at great value buys :)

http://content.icicidirect.com/ULFil...0742104821.asp

Market gained 169 points . Those who are making Systematic Investment Plan first week of the month they would be lucky enough as they would be getting more units 8-)

All you want to know about futures and options

http://www.rediff.com/money/2007/jul/10fo.htm