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
Printable View
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
Sensex above 15000 level again. :2thumbsup:
July 19, 2007
Markets at alltime high. :2thumbsup: :clap: :redjump: :bluejump:
Sensex - 15550.13 (Intraday high: 15593.31) up by 248.96 points or 1.63%.
BSEMIDCAP rose by 0.76%,
SMLCAP by 0.91%,
BSE100 by 1.35%,
BSE200 by 1.30%,
BSE500 by 1.24%
Only BSE CD (down 0.05%) and BSEREALTY (down 0.29%) index ended marginally lower.
Nifty - 4562.10 (Intraday high: 4573) up by 1.39%.
Sensex again at record high. Above 15650. :bluejump: :redjump:
Sensex above 15800. :redjump: :bluejump:
எங்கே செல்லும் இந்த பாதை? :roll:
Correction :lol:Quote:
Originally Posted by sgokulprathap
:lol: seekiram varattum... adhai ethir paarthu thaane kaathittu irukken... :DQuote:
Originally Posted by great
Sensex below 15650. But dis doesnt seems to b correction.
Chinna speed-breaker. Avvalavuthan.
Aftr Sensex ending on positive note for 5 consecutive days, dis is well expected.
:shock: Sensex down almost 400 points in opening trade. Sensex now at 15400 levels.
Bears Rule:
Sensex below 15350.
Almost all indices down by over 2.50%.
Realty index down by 4.35%.
Metals index down by 4.08%.
Bears tuk complete control.
Sensex down by over 500 points and is below 15250.
Nifty down by over 3.5% and is below 4450.
Realty index down by over 5.50%.
Global markets also under bear's control.
At 12:00:00 hrs IST.
NYSE Composite index down by 2.78%.
NASDAQ Composite down by 1.84%.
DOw Jones I.A. down by 2.26%.
S&P 500 down by 2.33%.
Nikkei 225 down by 2.36%.
Sensex below 15200. :shock:
எங்கே செல்லும் இந்த பாதை? :roll:
Dev, R u happy now? :wink:Quote:
Originally Posted by dev
Balaji, Dev do u think dis crash wil continue for more days or will the markets make a comeback by next week itself?
With all the indices down by over 2% ,
FMCG index is now up by 1%.
Disastrous weekend for the markets.
July 27, 2007
Sensex down by 3.43% - 15243.57.
Nifty down by 3.78% - 4445.20.
Realty down by 5.25%.
PSU down by 4.04%.
All the indices ended in red.
:)Quote:
Originally Posted by sgokulprathap
Sentiments r sooo negative... Have a feeling it might continue for a few more days...FII activityum konjam paarkkanum... they have been pumping-in lotsa money into the mkt in the last few weeks...
Why Friday’s 540-pt fall won’t hurt much
It’s getting increasingly difficult to write definitive stories on markets in a flat world of 24x7 trading activity. Amid fears of a collapse in its housing market — an important, market moving financial indicator — the US market fell yesterday, leading to a contagion fall across the world. India followed too, with the Sensex falling 542 points or 3.4 per cent to close at 15,235.
But even as analysts were rolling their sleeves to buy some bargain basement stocks — Reliance Capital, Tata Steel, Canara Bank and HDFC — the US market got its aspirin in the form of its second quarter GDP numbers that rose to a healthy 3.4 per cent, the highest in the past 12 months.
And now, it seems that aspirin is having its effect on the rest of the world as well. Of the 45 indices in north and South America and Europe, 25 had turned positive, 17 were down marginally and three remained unchanged. But these are moving statistics and by the end of their trading sessions, chances are that most would be out of the red.
Why is America so important for the rest of the world? Because even as its share falls, the country remains the biggest engine of world growth and a fall in its real economy (GDP numbers), means among many other things, that its citizens are consuming less. Which in turn means producer countries like India and China get to sell less. Which finally means lower profits expectations. The end result: a fall in the indices.
At 542 points, this fall is the fifth largest in absolute numbers, after May 18 last year. But what many of us need to realise is that this is not April 1992, when, on a Sensex of 4,467, an almost equivalent fall translated into a 12.8 percent drop.
This is 2007 and the index is well over 15,000 and the drop is just 3.4 percent - this sort of a single-day fall is nothing to yawn at but it’s nothing to fear either. An increasingly mature market like India’s should be able to take it in stride.
So on Monday, if global factors are neutralised, expect the market to rise. But whether they will sustain will be decided by YV Reddy, governor, Reserve Bank of India the next day when he announces the first quarter review of annual policy statement 2007-08. If he raises interest rates again, markets may be subdued, if he leaves it unchanged (as experts expect him to) the rise should sustain, and if he lowers them (extremely unlikely for now), markets will zoom.
Sensex below 15000 mark. :roll:
:lol:Quote:
Originally Posted by sgokulprathap
Yesterday when Reddy raised CRR by 0.5%, evry1 thot market wud crash. But aftr a short fall market ended on a very positive note yesterday.
But today, as experts (lik PC) wud say 'fall in global markets lead to fall in Indian markets.'
Sensexla idhellam saadharanampa. :lol:
August 1, 2007
Sensex ends at 14935.77 (down 3.96%)
Nifty ends at 4345.85 (down 4.04%)
Realty index fall by 6.60%.
All major indices fall by over 3.50%.
Govt tightens ECB norms
http://www.ndtvprofit.com/homepage/s...010:45:27%20AM
Rupee has reacted sharply and has depreciated on account of tightening of ECB norms by the government which is expected to put check the foreign currency inflows. Rupee is trading at Rs 40.59 versus US dollar.
Dev, cn u post tat article.
NDTV site is blockd here.
Govt tightens ECB norms
Press Trust of India
Wednesday, August 8, 2007 (New Delhi):
The Government has tightened the norms for companies to borrow from overseas to check the rise in rupee value against other currencies by managing the flow of foreign funds into the country.
As per the changes, a company raising $20 million of External Commercial Borrowings (ECBs) would have to seek prior permission of RBI to remit such funds into India. The changes are with immediate effect.
"Henceforth, ECB (of) more than $20 million per borrowing company would be permitted only for foreign currency expenditure for permissible end-uses of ECB," it said.
Accordingly, companies raising ECBs of more than $20 million would have to park the proceeds overseas for use as foreign currency expenditure. This modification is applicable under both automatic and approval routes.
"The move would help the rupee to depreciate in the range of 40.50 to 40.70 against the dollar in medium term," said Abheek Barua, Chief Economist of HDFC Bank.
Foreign funds
The rupee has risen to a nine-year high, appreciating nearly 14 per cent against the US dollar since August 2006. This has been largely due to massive inflow of foreign funds as debt and equity.
The statement said a company raising ECB of up to $20 million under automatic route in a year could not remit such funds.
Borrowers proposing to avail ECB up to $20 million for rupee expenditure would require prior approval of the RBI under the approval route.
Dev, Which sector you are currently tracking?
Indians parking more money in Bank Deposits, MFs
According to the Reserve Bank of India's (RBI) latest annual report, during 2006-07, the Indian economy exhibited acceleration in growth, led by manufacturing and services sector activities. The sustained high growth since 2003-04 has been supported by increase in domestic savings and investment. But there has also been a structural shift in savings pattern. Mutual funds are preferred over equities. Bank deposits are attracting more interest than small savings schemes. Insurance schemes are increasing their share in long-term savings over provident and pension funds.
Indians are now investing more of their money in bank deposits and mutual funds. According to the data, bank deposits formed 36.5% of the total financial saving of the household sector in 2004-05, which has now increased to 55.6%. This marks a reversal in trend from the nineties, when bank deposits began losing share to debentures and small savings schemes. Also Mutual Funds have seen a four fold increase, rising from just 0.4% in 2004-05 to 4.8% in 2006-07.
The loyalty towards bank deposits can be attributed partly to the high returns offered by deposit-starved banks. Some banks were offering returns of up to 10%, for a period of one year. Also with the pace at which India is growing, the demand for credit has been really strong and the loan requirements are also rising steadily. This forced banks to raise deposit rates to attract more funds.
The central bank also has signalled higher rates to control inflation. As a result, bank deposits have become attractive and the savings that were earlier parked in government-administered small savings schemes have now started shifting to banks.
Though the equity markets have been on a dream run, the equity investments have not seen any substantial rise. On the other hand mutual funds seem to be the preference among Indians. A lot of it can also be ascribed to the fact that many mutual funds are structuring innovative schemes and for a variety of sectors which can satisfy all kinds of risk appetites.
I think except IT and Auto sector, other sectors are doing well.
Half-yearly results may bring IT sector in the race again.
Balaji, r u tracking any sectors?
SGP, I am not a tracking any sector as such. But I am tracking few companies.IT is flat for the past few months . Talking about MF , few MF`s are doing Phenomenally well like
1. HDFC Sensex fund , the portfolio of this fund is extremly good.
2. Relaince diversified power ... Extremly good
3. Principal personal tax saver : I was :shock: to see their previous performance
Sry for the late reply... ippo thaan unga Q-va paarthen... :oops:Quote:
Originally Posted by great
En portfolio konjam diversified... have invested in sectors like s/w, telecom, media, consu.durables, textiles, automobiles,tyre,finance etc... So ellam konjam paarppen...:) :P
great, GP,
2 peril yaaravadhu icici-la trading account vechu irukeengala?...