8th Oct 2010 Daily Recommendations

8th Oct 2010  Daily Recommendations  08:40


FYI



Note : Follow Sell recommendations in Negative market bias & v.v.. Keep strict sl while taking positions.


Buy:


HDFCBank Abv 2461 sl 2443 T 2493
Corpbank sl 713 T 735
Hindpetro Abv 529 sl 518 T 545
Mphasis sl 650 T 660
Patni sl 442

Sell:
BankNifty Fut sl 12613 T 12500/12455
Axisbank Bel 1560 sl 1571 T 1540
DLF sl 385 T 372
Gail Bel 481 sl 485 T 477/473
HDFC sl 736 T 711
Infosystch Bel 3046 sl 3060 T 3012
LT Bel 2031 sl 2044 T 2009
Hold Short SBIN sl 3235 T 3189
Tatamotors Bel 1126 sl 1137 T 1111
Tatasteel Bel 642 sl 649 T 630
TCS Bel 937 sl 949 T 923
JSWSteel Bel 1368 sl 1377 T 1348
Hold Short LICHSGFin sl 1454 T 1423
McDowell sl 1604 T 1574
Yesbank Bel 342 sl 346 T 336


-Relaxes guidelines on restructured loans




-Promoters can make half payment within a year


-Banks to give relaxation to promoters facing difficulty


CNBC-TV18 alert: Promoters required to bring 15% upfront payment


-Promoters can bring equity, convert unsecured loans to equity


-Promoters can bring interest free loans as upfront payment


Cairn IndiaF&O cues:




-Cairn Energy shareholders ok sale of majority stake in Indian arm to Vedanta


-Vedanta’s open offer to Cairn India shareholders to be delayed, SEBI yet to approve open offer


SEBI says


-Awaits comments from merchant bankers on Cairn open offer


CNBC-TV18 alert: Cairn open offer was to begin on October 11, 2010


-SEBI was to offer comments on open offer by September 21, 2010






IPOs


-Oberoi Realty IPO update: Overall subscribed 1 times (X); QIB 2x; issue closes today


-BS Transcomm IPO update: Overall subscribed 0.45x; NII: 1.74x, retail: 0.54x; closes today


-Listings today: Ramky Infra, Orient Green Power, Electrosteel Steel






Other stocks and sectors that are in news today:


-Pantaloon Retail board approves raising up to Rs 750 cr via QIP


-Metal stocks in focus: Alcoa reports strong Q3 earnings


-Piramals in talks with IVRCL for Hind-Dorr Oliver – DNA ((Sudhir Reddy had told this week that he is open to selling Hind Dorr provided price is at substantial premium))
Stock Futures shed 1.8 crore shares in Open Int

Futures Open Int down Rs 1294 crore

Options Open Int up Rs 2679 crore




Nifty Futures shed 6 lakh shares in Open Int

Nifty Futures at 26-point premium


Nifty Open Int PCR unchanged at 1.27


Nifty Puts add 18 lakh shares in Open Int


Nifty Calls add 17 lakh shares in Open Int


Nifty 6000 Put adds 3.5 lakh shares in Open Int


Nifty 6200 Call adds 6.2 lakh shares in Open Int


FIIs in F&O on October 7


Net sell Rs 64 crore in Nifty Futures


Net buy Rs 637 crore in Nifty Options


Net sell Rs 804 crore in Stock Futures


US Markets :
US markets ended mixed after a volatile session ahead of the monthly jobs data to be released today. The Dow rose to as high as 10,998, almost hitting the psychologically important 11,000 level in early trade but eventually closed flat.


Dow Jones Industrial Average was down 0.17% or 19.07 points at 10948.58. Nasdaq Composite was up 0.13% or 3.01 points at 2383.67. Standard & Poor's 500 was down 0.16% or 1.91 points at 1158.06.








Discalimer:



This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.(IFCL),Pune, India and is meant for use by the recipient only as an informative. Nothing on this blog/website is intended or should be construed as investment advice. It is intended to be used for informational purposes only. This document is not to be reported or copied or made available to others without prior permission of (IFCL). It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as an investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. The information contained in this report other than the recommendation(s) 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 and/or its business associates and/or its directors and/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 (IFCL) 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. 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 do not take any type of responsibility if reader or recommendation(s) follower will face any losses or liabilities because of our recommendations; market risk will be always there while and whenever concerned parties enter the stock market by any means.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. Similarly, 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 will not take any assurity about our given recommendation(s) about its success. Sole discretion will be most recommended for readers and/or subscribers and/or followers and/or information receivers and/or investors and/or traders.

How we interpret the charts

We have many queries about chart interpretation from our clients or free subscribers. So for example today we had given Sell Recommendations on LICHSGFIN (Oct Future) and Nifty Oct Future in mid of today's market as well as Buy Recommendations on BPCL Oct Fut.
Recommendations were :
Msg Sent Time : 14:10
Sell LICHSGFIN below 1487 sl 1496 Target 1468/ 1456
Call generated at 14:13
LICHSGFIN hit both the targets and hit the low of 1425 and ended at 1455


Msg Sent Time : 14:10
Sell Nifty Oct Fut below 6198 sl 6230 Target 6144 / 6097(P)
Call generated at 14:15
Nifty Oct Fut hit T1 of 6144 and made a low of  6134.80 and ended at 6144.15 Now for positional(P) target of 6097, Trailing sl will be 6158.


Msg sent time 11:50
Buy BPCL Oct Fut. above 778 sl 768 Target 800
Call not generated. Please check the yellow horizontal line of the Price Level 778 and the yellow arrow of recommendation given time (11:50). After 11:50 am, the stock did not cross the level of 778.


LICHSGFIN

Please see the below mentioned charts of both and see the yellow circle where our Sell Call(s) intiated.


LICHSGFIN OCT FUT 5 Mins Real Time Chart :

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NIFTY OCT FUT 5 Mins Real Time Chart :

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BPCL OCT FUT 5 Mins Real Time Chart :

We interpreet market movements and give Realtime recommendations strictly on Technical Analysis.
For subscription or any other details, call on +919975060000 between 10:00 to 5:30 hrs in week days.

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 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 and/or its business associates and/or its directors and/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. 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 do not take any type of responsibility if reader or recommendation(s) follower will face any losses or liabilities because of our recommendations; market risk will be always there while and whenever concerned parties enter the stock market by any means.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. Similarly, 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 will not take any assurity about our given recommendation(s) about its success. Sole discretion will be most recommended for readers and/or subscribers and/or followers and/or information receivers and/or investors and/or traders.

7 Oct Closing Market Updates

7 Oct Closing Market Updates  15:31
Profit booking on higher levels pulled the indices to end at day's low.Nifty ended at 6118 with a fall of 68.45 points whereas Sensex declined 235.21 points to end at 20307.87.
Among BSE Sectoral Indices, only Healthcare index ended in positive with 0.23% . Realty was the top loser by 2.98%
Tatapower was the top gainer in Nifty50 stocks which gained 2.33% and ended at 1435.95 on the contra, Tatasteel was the top loser by 4.31% and ended at 649.
New listed CPIL was the turnover topper by its traded value whereas IFCI by the traded quantity.
Market breadth was negative as 928 stocks declined and 444 stocks gained today on NSE.

7 Oct 2010 Daily Recommendations

7 Oct 2010 Daily Recommendations :
Buy ACC Abv 1038 sl 1025 T 1060

Buy Cairn sl 340 T 347
Buy Tatapower sl 1388 T 1435
Hold Short Hindunilvr sl 301
Stocks that are in news today:

Kingfisher
Wilbur Ross may be looking to invest in Kingfisher Airlines
Wilbur Ross likely to invest USD 100-150 million
Wilbur Ross likely to use convertible debt route for investment
Wilbur Ross primarily invests in distressed assets via his global funds
Vijay Mallya & Sanjay Aggarwal currently in US for Kingfisher Airlines roadshow
KFA recently hired former SpiceJet CEO Sanjay Aggarwal
Wilbur Ross, Kingfisher Airlines decline to comment
Steel Secretary:
SAIL FPO in November or January
Appointment of two new directors for SAIL board under consideration
Government approves restructuring of SAIL's board
Pfizer Q3
Net sales at Rs 225.6 crore versus Rs 204.8 crore (YoY)
Net profit at Rs 42.5 crore versus Rs 41.2 crore (YoY)
Other stocks and sectors that are in news today:
Bank of India ups base rate from 8.00% to 8.50%
Zee Entertainment goes ex-scheme of arrangement, new F&O contracts to be introduced
Vivimed Labs board meet on October 9 to consider capital raising
Indswift Labs postpones board meeting on warrant allotment to promoters
Kalpataru Power to invest Rs 90 crore in JMC Projects via buying 43.5 lakh shares at Rs 207/sh ((JMC CMP: 226)) – Kalpataru is promoter with 53% stake, stake to go up to 61%
Kalanithi Maran buys 5% more in SpiceJet, ups stake to 45%
F&O cues:

Futures Open Int up Rs 682 crore
Options Open Int up Rs 3028 crore
Nifty Futures shed 10 lakh shares in Open Int
Nifty Futures at 28-point premium
Nifty Open Int PCR at 1.27 versus 1.32
Nifty Puts add 6.6 lakh shares in Open Int
Nifty Calls add 29 lakh shares in Open Int
Nifty 6200 Put adds 4 lakh shares in Open Int
Nifty 6100 Put adds 4 lakh shares in Open Int
Nifty 5700 Put sheds 9 lakh shares in Open Int
Nifty 6500 Call adds 10.5 lakh shares in Open Int
Nifty 6400 Call adds 5.9 lakh shares in Open Int
Nifty 6300 Call adds 5.5 lakh shares in Open Int
Stock Futures add 4.7 crore shares in Open Int
FIIs in F&O on October 6
Net buy Rs 286 crore in Nifty Futures
Net buy Rs 560 crore in Nifty Options
Net sell Rs 1117 crore in Stock Futures
Market cues:

US markets end flat
Asia opens on a quiet note

FIIs were net buyers of USD 217 million in equities on October 5
NSE F&O Open Int was up by Rs 3710 crore at Rs 1.55 lakh crore
As per provisional data of October 6, FIIs were net buyers of Rs 1842 crore; DIIs were net sellers of Rs 976 crore in cash markets. FIIs were net sellers of Rs 284 crore in F&O.
US Markets:
US markets were unable to build on Tuesday's big bounce mostly because of disappointment over the September ADP employment data. The Dow and S&P 500 essentially followed up a choppy, lackluster session with a flat finish, but the Nasdaq underperformed.

Dow Jones Industrial Average was up 0.21% or 22.93 points at 10967.65. Nasdaq Composite was down 0.80% or 19.17 points at 2380.66. Standard & Poor's 500 was down 0.07% or 0.78 points at 1159.97.
In economic data, the September ADP employment report indicated that private payrolls fell by 39,000 last month, but economists had expected an increase of 18,000. On a positive note, data for the prior month was revised upward to reflect an addition of 10,000 payrolls. Still, the downside surprise of September adds to the uncertainty of the official nonfarm payrolls report due tomorrow.

In key economic data to watch out for- the weekly initial jobless claims would be released in US today. Estimates suggest the data dropping further to 450,000 from the previous week's 453,000 levels.
In currency space- the dollar tumbled to a new 15-year low against the yen and an eight-month trough versus the euro on expectations the Federal Reserve will ease monetary policy to boost the US economy.
In commodities oil traded near a five-month high after the dollar declined against the euro and a US government report showed drop in gasoline stockpiles, bolstering optimism about economic recovery.
In base metals, copper rose to the highest price in almost 27 months after the dollar extended a slump, boosting the appeal of commodities as alternative investments.
Gold, meanwhile, continued its record run, rising as high as nearly USD 1,350 an ounce, before slipping back slightly, as investors punished the dollar ahead of the Federal Reserve's possible resumption of special measures to protect the flagging economy.

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.

Market Closing 6th Oct 2010:

Market Closing 6th Oct 2010:

Equity benchmarks bounced back today after a moderate profit booking in previous two days. The Nifty has been facing a resistance at 6200 level; it did touch that level again in initial couple of hours of trade today but could not maintain the same. 

Metal, technology, capital goods, auto, private financial and select power companies' shares along with Reliance Industries and DLF supported the Sensex throughout session. However, the sell-off in ONGC, SBI along with FMCG, select pharma and telecom companies' shares erased more than 100 points gains on Sensex.

The Sensex closed at 20543, up 135 points and the Nifty was at 6186, up 40 points.

6th Oct 2010 Daily Recommendations

6th Oct 2010 Daily Recommendations 09:09

 FYI

Note : Follow Buy recommendations in POsitive market bias &/or v.v.

Buy Maruti sl 1495 T 1525

Buy Rcom sl 168 T 190 P

Buy Concor sl 1281 T 1374 P

Buy Corpbank Abv 724 sl 710 T 758 P

Buy HDIL sl 271 T 285/295 P

Buy IOB Abv 144 sl 141 T 151

Buy Mphasis Abv 644 sl 633 T 660 P

Hold Long Patni sl 442 T 487 P

Hold Long RNRL sl 40 T 46 P

Buy Jaicorpltd sl 258 T 275 P

Buy RIIL sl 912 T 1010 P

Buy Prajind sl 73 T 85/88 P

Buy Nagarconst sl 159 T 168

Sell PNB Bel 1289 sl 1300 T 1269

Sell SBIN Bel 3238 sl 3255 T 3175 P

Sell Colpal Bel 870 sl 882 T 855

Sell Crompgreav Bel 311 sl 315 T 307

Sell Titan Bel 3263 sl 3288 T 3214

Stocks in News :

-ICICI Bank ups base rate by 25 bps to 7.75% & ups deposit rates by 25-50 bps w.e.f. October 6
-Andhra Bank hikes base rate by 25 bps to 8.5%
-Federal Bank ups base rate by 25 bps to 8% w.e.f. October 1: NW18: Sources
-Canara Bank ups base rate by 50 bps to 8.5% w.e.f. October 1: NW18: Sources
-UCO Bank hikes base rate by 50 bps to 8.5%: NW18: Sources

Ansal API  - CNBC-TV18 Exclusive: Sources
-Ansal API QIP closes: raises approximately USD 50 million via QIP
-Ansal API QIP closes: QIP was for USD 35 million with an upsize option
CNBC-TV18 alert: IDFC Capital sole banker to Ansal API's QIP

Shipping Corp
-Cabinet okays divestment in Shipping Corp
-Govt to sell 10% stake in Shipping Corp
-Shipping Corp to raise Rs 1,300 crore via stake sale
CNBC-TV18 alert: Govt's stake in Shipping Corp to fall to 63.75%
-Retail investors to get 5% discount in Shipping Corp FPO
-Shipping Corp to issue 10% fresh equity

Oberoi Realty IPO opens today
-Anchor Investors: Fidelity, Eton Park Cap, T Rowe Price, Ochiff
-Anchor Investors: Reliance MF, Birla MF, ICICI Prudential
-Oberoi Realty to raise Rs 1,000 crore Via IPO
-Price band at Rs 253-260/share
BS TransComm IPO opens today  -Issue of 76.79 lakh equity shares
-Price band at Rs 257-266/share
-Bids can be made in 25 shares and in multiples of 25 shares thereafter 

ITI - NewsWire18
-Cabinet okays 2 years extension of BSNL, MTNL order quota for ITI
-Govt says BSNL, MTNL to give 70% advance to ITI on equipment orders

Board meets today:
-Wyeth  - results
-Sadbhav Engg – stock split
-Pfizer – results
-JMC Pdt- consider fund raising plans
-Ind Swift Labs – consider allotment 80 lakh zero coupon convertible warrants to promoters

Halonix
-Actis PE Fund looking to sell entire 66% stake in Halonix: NW18: Sources
-Actis appoints Enam as advisor for Halonix stake sale: NW18: Sources

UMPPs-No new UMPPs to be bid out this fiscal: Srcs
-Proposed 3 UMPPs run into environment hurdles: Srcs
-Fresh delay for Cheyyur UMPP, bid unlikely this FY: Srcs
Alert: RFQ for Cheyyur UMPP was to be floated In FY11
Alert: Chattisgarh, Orissa UMPPs also face environmental issues
-Environment Ministry wants 1-year for Cheyyur port study: Sources

Other stocks and sectors that are in news today:
-Eros International Media and Career Point listing today
-OnMobile buys 3G Technology Solutions from Dilithium Networks: NW18
-Confidence Petro – board approves fund raising upto Rs 500 crore
-Godrej Properties signs Development Agreement with Bombay Footwear to develop a plot of land admeasuring 5442.10 square metres located at Village Deonar, Chembur
-Cox & Kings – FII limit upped to 74%
-Hanung Toys denies 1:1 bonus news 

F&O Cues : 

Futures Open Int was up by Rs 1717 crore

Options Open Int was up by Rs 3348 crore

Nifty Futures add 2 lakh shares in Open Int

Nifty Futures at 37-point premium

Nifty Open Int PCR at 1.32 versus 1.35

Nifty Puts add 16 lakh shares in Open Int

Nifty Calls add 25 lakh shares in Open Int

Nifty 5700 Put adds 3.4 lakh shares in Open Int

Nifty 5800 Put adds 2.5 lakh shares in Open Int

Nifty 6500 Call adds 6.2 lakh shares in Open Int

Nifty 6200 Call adds 3.7 lakh shares in Open Int

Nifty 6300 Call adds 3.7 lakh shares in Open Int

Stock Futures add 5.6 crore shares in Open Int

FIIs in F&O on October 5

Net sell Rs 725 crore in Nifty Futures

Net buy Rs 221 crore in Nifty Options

Net sell Rs 1176 crore in Stock Futures

US Market Updates :

Early Tuesday, Japan's central bank announced a move to lower its key interest rate to between 0% and 0.1%. It previously stood at 0.1%. The bank also said it would purchase about $60 billion of government bonds and other assets, to boost the pace of the country's recovery.The Bank of Japan downgraded its economic forecast, but investors took the monetary policy move as a hopeful sign for the world's third-largest economy.

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.

5 Oct 2010 Closing Market Updates

5 Oct 2010 Closing Market Updates  15:30

Banking stocks drag market down to end up in negative.Nifty ended at 6139.70 with 19.75 points negative while Sensex ended with 89.80 points of dip at 20385.93.

Amon BSE Sectoral indices, Consumer Durable index rose the most by 1.05% while FMCG index plunged by 1.21%.

In Nifty50 stocks, RPower gained the most by 4.24% and ended at 168.30 whereas HDFC was the top loser in Nifty50 stocks as it lost by 2.24% and ended at 743.30.

Orchid chemicals was the turnover topper by its traded value and FCS Soft was the most traded stock today on NSE.

Advance / Declne ratio was positive as 763 stocks gained and 588 stocks declined today on NSE.

4 Oct 2010 Closing Market Updates

4 Oct 2010 Closing Market Updates  15:31
Market made new high as ongoing habit but ended flat. Nifty ended at 6151.40 with 8 points of gain while Sensex declined 6.18 points and ended at 20438.86.
Among BSE Sectoral indices, HC index gained the most by 1.63% whereas FMCG index lost by 0.8%.
Suzlon gained the most in Nifty50 stocks by 6.71% and ended at 58.05 whereas Herohonda lost the most by 2.72% and ended at 1798.
Suzlon was the most traded stock by traded quantity while VIP Industries was the turnover topper by its value.
Advance/Decline ratio was negative as 743 stocks gained while 603 stocks declined today on NSE.

Disclaimer about Recommendations

DISCLAIMER ABOUT OUR RECOMMENDATION(S) :







Discalimer: This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.(IFCL),Pune, India and is meant for use by the recipient only as an informative. Nothing on this blog/website is intended or should be construed as investment advice. It is intended to be used for informational purposes only. By using this site you agree that you understand the risks of trading, and are solely responsible for your own investment and trading decisions.The sent and or published recommendations are not to be reported or copied or made available to others without prior permission of (IFCL). It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. These views alone are not sufficient and should not be used forthe development or implementation of an investment strategy. It should not be construed as an investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. The information contained in this report other than the recommendations has been obtained from sources that are considered to be reliable. However, (IFCL) has not independently verified the accuracy or completeness of the same. Neither (IFCL) 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 (IFCL) 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/website 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.

01 Oct 2010 Closing Market Updates

01 Oct 2010 Closing Market Updates  15:31

Wise result on Ayodhya issue gave a booster to the market sentiment. All round buying lift the Nifty to end with 3 digit rally.All sectors gained today in the market. Nifty gained 117.55 points and ended at 6147.50 which is the highest level after 14th Jan,2008. Today, Sensex ended with a massive 377.09 points gain to end at 20446.21

Among BSE sectoral indices, Realty gained the most with 4.29% rise.

In Nifty50 stocks, Steel Authority gained the most by 9.22% and ended at 224.On the other side, Herohonda declined the most by 1.18% and ended at 1836.05.

Tata Motors was the turnover topper by its traded value and IFCI was the most traded stock on NSE today.

Market breadth was positive in the ratio of 2.86 : 1 as 1003 stocks gained and 350 stocks declined today on NSE.