Friday, June 25, 2010

25 June Morning Market Updates:

25 June Morning Market Updates:
Stocks that are in news today:
GMR Infra
Wins Male International Airport expansion project
GMR highest bidder with USD 78 million for the project
GMR to take 1% profit till 2014
GMR to take 10% profit from 2015-25
Another unsuccessful bidder GVK offered USD 27 million
SK Tayal says
Bank of Rajasthan sending relevant papers to RBI for merger approval
RBI to decide on validity of shareholders' vote
F&O update
ABG Shipyard, Core Projects, Orbit added in F&O
Neyveli, TTML, Reliance Media out of F&O
Other stocks and sectors that are in news today:
JSL : Bondholders agree to re-structure Bonds , ((Extention of maturity by 10 years))
Zenith Birla (India) : Approved Bonus share in ratio 1:5
FCS Software : Wins a contract with revenue potential of Rs 200 crore over 3 years
Board Meet Today: Motilal Oswal : Issue of Preferential shares to promoters
BNSL lashes out at TRAI for taking only private calls – ET
South Korea’s Kia Motors plan India foray – DNA
Samruddhi Cement listing likely next week
Alstom close to deal with BHEL, Nulcear Power – BL
F&O cues:
Futures Open Int up Rs 2321 crore, Options Open Int up Rs 2390 crore
Nifty futures add 35 lakh shares in total Open Int
Nifty July at 7-point premium, June at 2-point premium
Nifty Open Int PCR for all series at 1.84 versus 1.80
Nifty Open Int PCR for next series at 1.28
Nifty Puts add 34 lakh shares, Nifty Calls add 6.5 lakh shares in Open Int
Nifty July 5100 Put adds 18 lakh shares in Open Int
Nifty June 5300 Put adds 7 lakh shares in Open Int
Nifty July 5500 Call adds 10 lakh shares in Open Int
Nifty Jul 5400 Call adds 8.5 lakh shares in Open Int
Stock futures add 1.6 cr shares in Open Int
FIIs in FO on June 23
Net buy Rs 141 crore in Nifty futures
Nifty Futures Open Int up 1.55 lakh contracts
Net buy Rs 1305 crore in Nifty options
Nifty Options Open Int up 52,560 contracts
Net sell Rs 473 crore in Stock futures
Stock Futures Open Int up 30,604 contracts
Market cues:
NSE F&O June series expiry today
FIIs were net buyers of USD 225.3 million in equities on June 22
NSE F&O Open Int up Rs 4711 cr at Rs 1.60 lakh crore
As per provisional data of June 23, FIIs were net buyers of Rs 265 crore; DIIs were net sellers of Rs 866 crore in cash markets. FIIs were net buyers of Rs 956 crore in F&O.
The US markets fell sharply as selling accelerated in the final hour of trading. Worries about financial reforms and Greece weighed on the market. Economic data wasn't inspiring but didnt disappoint either.
Concerns over Greece weighed on the market as the nation's credit-default swaps, the cost of protecting it against default on its debt, hit a record high.
Overall, consumer discretionary, materials and financials were the worst-performing sectors. Financials took a hit as worries about the financial-reform bill and another earnings downgrade weighed on the sector
Volatility spiked as result of the stock market's sell-off. That sent the volatility index more than 10% higher. It has been nearly three weeks since it moved so sharply.
The Dow Jones Industrial Average closed at 10,152.80, down 145.64 points or 1.41%. The Nasdaq Composite fell 36.81 points or 1.63% to 2,217.42 and S&P 500 Index slipped 18.35 points or 1.68% to settle at 1,073.69.
In economic data, the durable goods orders for May fell 1.1%, which was softer than the expected 1.3% decline. However orders without the transportation increased 0.9%, which was a slower clip than the 1.3% increase that had been anticipated.
Meanwhile the the initial jobless claims declined 19,000 week-over-week to 457,000, which was largely in-line with the 460,000 initial claims that had been widely expected. Continuing claims fell 45,000 week-over-week to 4.55 million, which was also on par with what had been expected.
Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report other than recommendations has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, business associates, its directors or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication.The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained.
Contact Details :
Email : info@integrity.org.in
Call : +91 99750 60000
For Abroad Investors : +91 9371031008

No comments:

Post a Comment