24 Jan.2012 RBI Credit Policy affected the markets positively.
Market opened flat and zoomed after RBI Credit Policy which cut the CRR by 0.5% from previous rate 6%.
It will add more liquidity to the system and will help for housing as well as realty sector and carmakers.
Market gave cheers to the policy and zoomed.Nifty jumped up by 81.1 points to end at 5127.35 and Sensex gained 244 points and closed just below 17k mark at 16995.77.
All BSE Sectoral Indices gained today. Capital Goods' index was the top gainer by 3.3% followed by Bankex by 3.21% rise.
In Nifty50 stocks, LT was the top gainer by 5.93%, ended at 1353.Grasim was the top loser by 2.32% and ended at 2465.6.
Suzlon was the top trader by the quantity traded and SBI by the trade value.
Major Global Indices :
Hang Seng : +167.42
Nikkei : +126.68
FTSE : -3.4
CAC : -13.87
DAX : -1.83
Dow Futures : -10.00
Nasdaq Futures : +3.5
Book full profits.
Nifty has crucial resistance at around 5120 and 5165.Today Nifty has crossed the level but it should sustain for 2-3 days on closing basis to change the longer trend.
Nifty crucial support at 4870. Spot Nifty has 3 gaps in this rally from 4636 level.Small correction is due but avoid shorting.
Nifty EOD Chart
It will add more liquidity to the system and will help for housing as well as realty sector and carmakers.
Market gave cheers to the policy and zoomed.Nifty jumped up by 81.1 points to end at 5127.35 and Sensex gained 244 points and closed just below 17k mark at 16995.77.
All BSE Sectoral Indices gained today. Capital Goods' index was the top gainer by 3.3% followed by Bankex by 3.21% rise.
In Nifty50 stocks, LT was the top gainer by 5.93%, ended at 1353.Grasim was the top loser by 2.32% and ended at 2465.6.
Suzlon was the top trader by the quantity traded and SBI by the trade value.
Major Global Indices :
Hang Seng : +167.42
Nikkei : +126.68
FTSE : -3.4
CAC : -13.87
DAX : -1.83
Dow Futures : -10.00
Nasdaq Futures : +3.5
Book full profits.
Nifty has crucial resistance at around 5120 and 5165.Today Nifty has crossed the level but it should sustain for 2-3 days on closing basis to change the longer trend.
Nifty crucial support at 4870. Spot Nifty has 3 gaps in this rally from 4636 level.Small correction is due but avoid shorting.
Nifty EOD Chart
| Symbol | Buy Abv | Support | Resi | Sell Bel | Cl on 24 Jan |
| S&P CNX NIFTY | 4,697.00 | 5127 | |||
| BANKNIFTY | 8,203.00 | 9834 | |||
| ACC | |||||
| AMBUJACEM | 150 | ||||
| AXISBANK | 867 | 1032.6 | |||
| BAJAJ-AUTO | 1470 | ||||
| BHARTIARTL | 336 | ||||
| BHEL | 249 | 280.8 | |||
| BPCL | 508 | 556.35 | |||
| CAIRN | 329 | 351.7 | |||
| CIPLA | 310 | ||||
| COALINDIA | 330 | ||||
| DLF | 193 | 172 | 218.95 | ||
| DRREDDY | 1,590.00 | 1,556.00 | 1646 | ||
| GAIL | 407 | ||||
| GRASIM | 2360 | ||||
| HCLTECH | 398 | 415 | 428.45 | ||
| HDFC | 674 | 647 | 700.55 | ||
| HDFCBANK | 455 | ||||
| HEROMOTOCO | 1761 | ||||
| HINDALCO | 122 | 112 | 143.8 | ||
| HINDUNILVR | 402 | 393.1 | |||
| ICICIBANK | 637 | 810 | |||
| IDFC | 100 | 126 | |||
| INFY | 2,498.00 | 2620.8 | |||
| ITC | 194 | 205 | |||
| JINDALSTEL | 490 | 440 | 526 | 549.6 | |
| JPASSOCIAT | 56 | 70.35 | |||
| KOTAKBANK | 416 | ||||
| LT | 1044 | 1351.85 | |||
| M&M | 881 | 685.45 | |||
| MARUTI | 897 | 1157 | |||
| NTPC | 167 | ||||
| ONGC | 255 | 274.2 | |||
| PNB | 814 | 1002.6 | |||
| POWERGRID | 101 | 97 | 100.55 | ||
| RANBAXY | 458 | ||||
| RCOM | 77.25 | ||||
| RELIANCE | 799 | ||||
| RELINFRA | 356 | 421 | 479.55 | ||
| RPOWER | 73.5 | 68.5 | 95.45 | ||
| SAIL | 97.83 | ||||
| SBIN | 1,665.00 | 1870 | 2040.8 | ||
| SESAGOA | 148 | ||||
| SIEMENS | 627 | ||||
| STER | 92 | 111.2 | |||
| SUNPHARMA | |||||
| TATAMOTORS | 176 | 187 | |||
| TATAPOWER | 99 | ||||
| TATASTEEL | 357 | 432.35 | |||
| TCS | 1205 | 1088.7 | |||
| WIPRO | 383 |
No comments:
Post a Comment