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Market Call 18th August , 2008

By Abhishek on 9:48 PM

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Posted by Abhishek

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Market on 18th : Choppy

The markets ended red on Monday by heavy selling pressure on oil and gas, metals and auto stocks. The 30 share BSE SENSEX finally closed  78 points (0.5 %) down at 14645 and NSE Nifty shuts shops at 37 points( 0.8 % ) down at 4393.

All sectorial indices ended red except the BSE IT which roses marginally by 0.7% on the news on rupee depriciated to 43.59 ( 2.13 % from previous close ) in today trade . This is a new 17 month low that made by rupee.  

HDFC & HDFC Bank were top gainer on Sensex with 3.1 % and 2.1% respectively. While on loosing side Hindalco & Grasim both sheds 4.5 % each followed by RCom and M&M .Oil&gas, metals sector lead decline . The BSE oil&gas index, losing 200 points or 2 per cent was the biggest loser among the sectoral indices. GAIL India was the biggest loser in the sector, shedding 5.6 per cent. The BSE metal index, was also down 1.8 per cent or 229 points.


Turnover on 18th August ,  2008


NSE Cash - Rs.  9356.98  BSE Cash -  Rs.3744.28  NSE Future  - Rs. 39680.22
 


Arbitrage Opportunities NSE > BSE

Company Name           NSE Close    BSE Close    Diff in Rs    % Diff             

  
Shalimar Paints               315.00          286.40               28.60            9.99

  Almondz Global                 31.30             30.15                  1.15            3.81

  Cera Sanitary                   136.65           130.00                6.65            5.12

  Nitco Tiles                        104.40           101.35                 3.05           3.01



Stocks Trading near 52 week high

 

CRISIL 3690 ( 3890 ) , LUPIN 739.75 ( 773.90 ) , Inani Marbles 67.85 ( 68.70 ) , Cipla 235.05 (243.00) , Vishal Info 261.30 ( 273.50  ) .

Information -
Green Colour denotes , Scrip is ended in positive from its previous closing rate. Red denotes is closes below its last trading day closing.  Value in " ( ) "denotes its 52 Week high rate. value after Scrip name denotes closing rate of Scrip on 18th Aug , 2008.

Brokerage Reports



 
Calls for 19th August , 2008 ..

Rolta India  -  Buy Rolta India for Jobbing for tgt of Rs 331 - 334.50 . Keep a Sl @ 322.30

Ansal Infra  
-  Buy Ansal Infra for Jobbing , tgt Rs 108.7 - 110.4 . Keep a sl @ 103.00


Keep Visiting  http://blog.tradingideas.in/ before market opens for latest news abt Indian Market...



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