On the back of smart rally seen in last hour of trade, indices closed in green for the third consecutive day. Sensex crossed 10000 mark in the dying moments of trade but due to averaging closed at 9976, gaining 144 points. Nifty put on 60 points to close at 3041. In the US today, Feds open Market Committee is likely to cut the benchmark rate by half to 0.5%, which is the lowest level on record.




All the BSE sectoral indices ended in green. Consumer Durable index was the top gainer, surging 7.4%, followed by PSU index, which gained 5%. ONGC and Grasin were the top gainers among the sectoral indices, up 6% and 4.6% respectively, while Sterlite Ind and HDFC were the top losers, shedding 7% and 4.1% respectively.
 
Expectations that the US Federal Reserve will lay out emergency tools to dispel a recession at a policy meeting later in the day boosted the domestic bourses in late trade.

Here we updated Advanced Tax Figure for India Inc for Qtr October - December

Advanced Tax Figure ( declared on 16/10/2008 )

• Tata Motors Oct-Dec advance tax nil vs 59 cr rupees

• L n T Oct-Dec advance tax 312 cr rupees vs 180cr rupees

• M n M Oct-Dec advance tax 4.5 cr rupees vs 60 cr rupees

• TCS Oct-Dec advance tax 129 cr rupees vs 108 cr rupees

• Tata Steel Q3 advance tax 230 cr rupees vs 750 cr rupees

• Ultratech Q3 advance tax 65 cr rupees vs 140 cr rupees

• Bank of Baroda Q3 advance tax 220 cr rupees vs 200 cr rupees

• Indian Hotels Q3 advance tax nil vs 50 cr rupees

• HUL Oct-Dec advance tax 155 cr rupees V/s Rs 110 cr earlier

• ACC Oct-Dec advance tax 180 cr rupees vs 150 cr rupees year ago

• Bajaj Auto Q3 advance tax 105 cr rupees vs 175 cr rupees

• Siemens Oct-Dec advance tax 130 cr rupees vs 130 cr rupees

• Idea Communication Oct-Dec advance tax 8 cr rupees vs nil

• EXIM Bank Oct-Dec advance tax 65 cr rupees

• Asian Paints Oct-Dec advance tax 45 cr rupees

• Lupin Oct-Dec advance tax 15.5 cr rupees vs 45.1 cr rupees

• Kotak Mahindra Bank Oct-Dec advance tax 40 cr rupees

• NABARD Oct-Dec advance tax 220 cr rupees vs 180 cr rupees

• RCF Oct-Dec advance tax 66 cr rupees vs 24 cr rupees

• Ambuja Cements Oct-Dec advance tax 140 cr rupees

• NSE Oct-Dec advance tax 17 cr rupees vs 69 cr rupees

Trade Performance for 16 - 12 - 2008

• Buy Nifty Future @ 2970 sl 2955 tgt 3010 - Exited at tgt2 . Gained 40 points on Nifty Future . If traded with 1 lot , then profit of Rs. 2000/trade.

• Buy PTC @ 66.20 sl 64.50 tgt 68.50 / 71 - Exited partially at both tgt. Avg rate Rs. 69.75 . Made profit of Rs. 3.55/share. If traded with 500 shares, then profit of Rs. 1775/trade.

• Buy Dena Bank @ 31.10 sl 30.60 tgt 31.75 - Exited at tgt. Made profit of Rs. 0.65 /share. If traded with 500 shares, then profit of Rs. 325/trade.

• Short Nifty @ 3015 sl 3040 tgt 2950 - Exited at 2990. Gained 25 points on Short Nifty Future. IF traded with 1 lot , then profit of Rs. 1250/trade.

• Buy HDIL @ 137 sl 136 tgt 139 - Exited at tgt. Made profit of Rs. 2/share. If traded with 500 shares, then profit of Rs. 1000/trade.

• Buy IBREALEST @ 142 sl 139 tgt 145 - Exited at tgt. Made profit of Rs. 3/share. IF traded with 250 share, then profit of Rs. 750/trade.

• Buy Nifty Future @ 2991  sl 2971 tgt 3020 / 3050 - Exited at tgt2. Gained 59 points on Nifty Future. If traded with 1 lot , then profit of Rs. 2950/trade.

Profit : Nifty Future - Rs. 6200/trade , PTC - Rs. 1775/trade , Dena Bank - Rs. 325/trade , HDIL - Rs. 1000/trade , IB Realest - Rs. 750/trade.

Approx Profit : Rs. 10050/trade.





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****** All Qty mentioned here is our suggested qty, that we mentioned in our Trading SMS with each call..

Links to This Week Performance Report ( 15-12-2008 to 19-12-2008)

Trade Performance for 15-12-2008 | No Call - We were Busy(