Morning Updates 13 Jan 2010

Asian Markets :
SGX Nifty : -29.50(5179)
Hang Seng : -467.45(21859.19)
Nikkei : -97.22(10781.92)
Recommendations :

Nifty will open weak around 5180-90 .It may take support at 5165. Consistant closings below 5140 level of Nifty may leads a bear signal.
Note :  Follow Sell calls in - Bias & v.v.
Sell Syndibank sl 95  Trg89

Sell Glaxo sl1600  Trg1559
Sell Jindalstel sl714  Trg696
Sell ICICIBank sl856  Trg816 Below 837 (if sustain)
Sell SBIN sl2224  Trg2135 (Below 2196)
Sell Tatachem sl 318  Trg300 (Positional)
Sell ITC sl 253  Trg 244
Sell Auropharma sl 891  Trg870
Sell IFCI sl55  Trg52
Buy :
TCS Buy on decline

 Syombol    sl      Trg
Infosystch 2558 2618
Mphasis 718 729
Gammonind 229 241 Abv 234
Indiabulls 142 139 145 / 149
Jisljaleqs 858 878
Fund Action witnessed in Subex, Sasken Comm, Supreme Infra, Tantia Cons, MBL Infra, Northgate Tech, Prithvi Info, Amtek Auto, Magma Fin and AMD.
Fund Action:
Subex
Credit Suisse sells 9.16 lakh shares at Rs 80.40 per share
Barclays Cap sells 9.75 lakh shares at Rs 80.90 per share
Sasken Comm
Citigroup buys 3.75 lakh shares at Rs 186 per share
Nortel Networks sells 6.85 lakh shares at Rs 185.50 per share
Supreme Infra
ICICI Pru AMC sells 2.23 lakh shares at Rs 196 per share
Tantia Cons
Rel MF buys 10 lakh shares at Rs 130 per share
Indiaman Fund sells 1.03 lakh shares at Rs 130.25 per share
MBL Infra
HDFC MF sells 1.57 lakh shares at Rs 196 per share
Northgate Tech
Deutsche Sec sells 2.18 lakh shares at Rs 32 per share
Prithvi Info
HSBC sells 1.3 lakh shares at Rs 75 per share
Amtek Auto
Copthall Invst buys 9.5 lakh shares at Rs 190 per share
Magma Fin
CPIM sells 1.02 lakh shares at Rs 195 per share
AMD
Sophia Growth sells 1.23 lakh shares at Rs 38 per share
F&O cues:
Futures Open Int down by Rs 832 crore
Options Open Int up by Rs 1871 crore
Nifty Futures shed 56,000 shares in Open Int
Nifty Futures at 2-pt discount versus 7-pt prem
Stock Futures add 71.8 lakh shares in Open Int
Nifty Open Int PCR at 1.23 versus 1.24
Nifty Puts add 14.3 lakh shares in Open Int
Nifty Calls add 14.5 lakh shares in Open Int
Nifty 5200 Call adds 5.5 lakh shares in Open Int
Nifty 5300 Call adds 2.9 lakh shares in Open Int
Nifty 5100 Put adds 4.3 lakh shares in Open Int
Far month option
Nifty March 5800 Call adds 2.2 lakh shares in Open Int
Nifty March 4500 Put adds 2 lakh shares in Open Int
FIIs in F&O on January 12
FIIs net sell Rs 505 crore in Nifty Futures
Nifty Futures Open Int up by 1760 contracts
FIIs net buy Rs 395 crore in Nifty Options
Nifty Options Open Int up by 26334 contracts
FIIs net sell Rs 565 crore in Stock Futures
Stock Futures Open Int up by 10546 contracts
Market cues:
FIIs net buy USD 1046 million in equities on January 11
NSE F&O Open Int up by Rs 1039 crore at Rs 1,01,237 crore
FIIs net sell Rs 363 crore in cash markets on January 12
DIIs net buy Rs 454 crore in cash markets on January 12
FIIs net sell Rs 692 crore in F&O on January 12
Results Today
Company
Ajcon Global
ANG Auto
Bharat Seats
CMC
Finolex Inds
Gruh Finance
Indage Vintners
Jindal Saw
Midpoint Soft
Orient Paper
Rallis India
RAS Extrusions
RAS Pro Lamipack
Rohit Pulp
Shyam Star Gems
SJ Corp
South Indian Bank
Tinplate Co
Usha Martin
US Market Update :
It was a disappointing day on Wall Street. Financials dragged on concerns about a potential government levy on banks, while Alcoa's disappointing results stoked unease about the economic recovery. Technology stocks also led the selloff. Also Read - How ADRs performed
At the end of trade, the dow shuts shop 37 points lower at 10,627, the nasdaq was down more than a percent at 2,282 and the s&p 500 too lost almost a percent to close at 1,136.
China's latest move showed its effects on base metals, which saw rough cuts copper prices fell the most in three months. In other metals aluminum, zinc and nickel also dropped.
Crude fell by more than 2% from near a 15-month high to trade around the USD 80 mark as cold weather that had been supporting US fuel demand began to subside.
In Forex markets, the dollar traded near a three-week low against the yen on speculation the Federal Reserve will extend its stimulus programs and the dollar index is currently trading near the 77 mark.
Crude fell by more than 2% from near a 15-month high to trade around the USD 80 mark as cold weather that had been supporting US fuel demand began to subside.
In Forex markets, the dollar traded near a three-week low against the yen on speculation the Federal Reserve will extend its stimulus programs and the dollar index is currently trading near the 77 mark.
Disclaimer :
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