Metals and Energy - Market Update 30.09.2013

Precious metals closed higher on COMEX Friday as concern that US government may be shutdown due to budget impasse which boosted safe heaven demand. Actively traded Gold contract rose 1.12% or 14.80 points to 1338.40 after having tested a high of 1343.80 an ounce while front month Silver futures tested a low of 22.18 before settling at 21.83,up 0.07 points or 0.30%. Base metals prices...

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Stock picks of the day - September 27, 2013

Intraday Calls  CENTURYTEXT  BUY between 252-252.5  Targets: 258-262  Stop Loss: 246.5  HDFCBANK  SELL between 621-622  Targets: 611-605  Stop Loss: 6...

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Indian stock market outlook for September 26, 2013: Index Range (September Future), Bank Nifty and Sensex

For Thursday, Sept 26th 2013, the trend deciding point stands at 5815/5814, hence any fall towards this level likely to find support. If the supply/selling pressure is strong enough to breach this level, Nifty future will attract further selling and in that case its likely to slide down to 5776 and further to 5710 level. On the upside first hourly resistance is placed around 5908 level, if Nifty future manages to sustain this hourly resistance its...

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Indian stock markets index levels for September 25, 2013

Tuesday, Sept 24th 2013, Nifty future opened on a negative note and took support at 5875 (day's low) and rebounded to rise upto 5962 level. Nifty future hit the resistance zone (5950-5965) and subsequently drifted down to settle at 5917. For Wednesday, Sept 25th 2013, the trend deciding point emerges around 5870-5875 zone(which is also close to today's low), hence this zone will act as good support level and if the trend deciding zone is breached...

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Medium term stock pick (3 to 4 months): WOCKHARDT

 Medium term stock pick (3 to 4 months): WOCKHARDT One could consider buying the stocks of Wockhardt in medium term horizons for the target of Rs.700. Because the worst is over in this counter and the stock is trying to pull back from this level. Investors keep the Stop Loss of below Rs.500 and accumulate this stock for good returns in 3 to 4 months.52-week high of Wockhardt is Rs 2,166.05 and 52-week low is Rs 344.15 which has touched on...

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BSE Sensex down by 400 points in afternoon trade

The disappointing global markets lead the indian stock markets' crash and the 30 shares BSE Sensex down nearby 400 points in the afternoon trade. Market analysts expect another 6 percent downside from here as RBI's credit policy made hype market expectations. The Sensex is down by 407 points or 2.01% and the 50-share NSE Nifty down by 130.20 points or 2.17% by 2:00PM IST.The top losers include DLF, PNB, Axis Bank, Bank of Baroda and SBI which were...

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Intraday stock tips of the day - Yes Bank

Yes Bank ( NSE: YESBANK; BSE: 532648 ) Buy Yes Bank Above Rs.390 for Intraday. Target 1 - Rs. 396 Target 2 - Rs. 399 Stop Loss - Rs. 380  Disclaimer: Trading involves high risk and traders are advised to trade in their own risk. Happy trading for handsome gains. Admin ...

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Indian stock markets are volatile in opening trade

The market is gyrating in a tight range ahead of conclusion of two-day Federal Reserve meeting ending today and guidance from new RBI governor Raghuram Rajan on September 20. The Sensex is up 14.30 points at 19818.33, and the Nifty is up 0.20 points at 5850.40. Advancing shares outnumbered declining ones by 672 to 455 on the Bombay Stock Exchange. Amit Trivedi, Co-Founder, Investworks.in is of the view that if Fed tapering is less than USD 10 billion...

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BSE Sensex soars by 300 points

BSE Sensex soars by 300 points The Indian stock markets opened in a strong note by monday morning with BSE Sensex gained over 290 points. The benchmark NSE Nifty gained by 75 ponits and opened around 5925.The Indian rupee against dollar gained 69 paise in opening trade at 62.80 per dollar.The important data of the day: August WPI inflation.   ...

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For daily free stock market updates about NSE and BSE

Dear Friends, Watch out this space everyday for more stock market updates about NSE and BSE. We are planning to give tips, updates about commodity markets also soon. Regards, Adm...

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