MARKET SUMMARY FOR 24 JUNE 2015

The Sensex slipped by 75 points its first fall in nine days to 27,729 in late sell-off after news that the creditors rejected Greece’s new proposal took a toll on the market sentiment. After trading in positive zone for most part of the day, the index plunged over 200 from a high of 27,948 at the fag-end tracking losses in European stocks. and on sustained buying largely in tune with above-normal progress in monsoon. However, it slipped towards the close on negative global cues and touched the day's low of 27,647, before settling 75 points or 0.27 per cent down at 27,729.

HUL, BHEL, Sun Pharma, Lupin and Coal India are top gainers in the Sensex. Among the losers are Hindalco, M&M, Tata Steel, Maruti and SBI. The market is still maintaining its uptrend. The Sensex is up 76 points at 27880 and the Nifty is up 19.70 points at 8418. About 1172 shares have advanced, 902 shares declined, and 124 shares are unchanged.

PREOPENING OF MARKET FOR 23 JUNE2015

FOR FREE STOCK TIPS FILL UP THE FORM GIVEN TO YOUR RIGHT SIDE>>>>>>>>

INDIAN RUPEE DOWN BY 9 PAISE VS DOLLAR IN LATE MORNING DEALS

NIFTY UP BUY 3 POINTS UP @ 8384.

DOWN JONES 24  POINTS UP 18,144

NIKKIE 112  POINTS UP 20,122

HENG SANG 32 POINTS UP 27,366

EVENTS

• Artech Power Products Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 24, 2015, To consider and approve the resolutions to be passed through postal ballot pursuant to the provisions of section 110 of Companies Act, 2013 and Rule 22 of the Companies (Management and Administration) Rules, 2014.
• Bank of Baroda AGM held on 24-Jun-15 (Rs.3.2000 per share(160%)Dividend)

                          

MARKET SUMMARY FOR 23 JUNE 2015

Nifty ended with a gain of 28 points or 0.34 per cent at 8,380 made high of 8397 on Tuesday and Rallying for the eighth consecutive session the Sensex advanced 74.16 points or 0.27 percent to 27,804. but slipped into negative terrain briefly as profit-booking emerged at higher levels. However, it bounced back to hit a high of 27,882, before settling at 27,804.

Sentiment got a boost after Finance Minister Arun Jaitley yesterday said the government will soon infuse capital in public sector banks,Hopes that better-than-forecasted monsoon may help the RBI cut rates sooner than expected, too triggered buying activity.

PREOPENING OF MARKET FOR 23 JUNE2015

FOR FREE STOCK TIPS FILL UP THE FORM GIVEN TO YOUR RIGHT SIDE>>>>>>>>>

RBI FIXES REFERENCE RATE OF RUPEE AGAINST DOLLAR, EURO, POUND, YEN.

SENSEX,NIFTY LIKELY TO OPEN HIGHER ON FIRM GLOBAL CUES.

DOWN JONES 105  POINTS UP18,115

NIKKIE 330  POINTS UP 20,778

HENG SANG 67 POINTS DOWN 27,013

EVENTS-

·         POLARIS CONSULTING & SERVICES BOOK CLOSURES TO BE HELD ON JUNE 23,2015 FOR Rs.10,0000 PER SHARE(200%) FINAL DIVIDEND.

·         BANK OF MAHARASHTRA BOOK CLOSURE IS TO BE HELD FROM JUNE 23,2015 TO JUNE 29,2015.

MARKET SUMMARY FOR 22 JUNE 2015

The Sensex today surged by 414 points to 27,730 and nifty up by 1.4 % at 8355 made high of 8374 on Monday. The bulls would continue to be on the driver’s seat. Despite the US market closing a little more than half a percentage point down, the Asian markets are quite firm this morning, and it augurs well for the uptrend here and naturally for the bulls. On the way up, it needs to clear a strong supply zone between 8246 and 8280. Once this range is taken out the index would head for the next important target of 8350 – 8480. In case, there were to be profit taking led selling, below the 8195-level, the next range to watch out for is located between 8171 and 8130.
The only problem for the bulls is the huge number of put addition for the 8200-strike on last Friday—over 2 million units. In case there is any high volume based selling below 8195, it would have a cascading effect on those late cavalier bulls who sold put options like swashbucklers might have rue that stance then. In any case, so long as the 8130-mark holds, the bulls can always a comeback.

FOR FREE STOCK TIPS FILL UP THE FORM GIVEN TO YOUR RIGHT SIDE>>>>>>>>>

INDIAN RUPEE ENDS 18 PAISA HIGHER AT ONE-MONTH HIGH OF 63.55 VS US DOLLAR

NIFTY LIKELY TO OPEN IN GREEN

DOWN JONES 99 POINTS DOWN18,015

NIKKIE 161 POINTS UP 20,335

HENG SENG 115 POINTS UP 26,876

EVENTS-

o   AGM OF ALLAHABAD BANK IS TO BE HELD ON JUNE26, 2015.THE BOOK         CLOSURE WAS FROM JUNE 20, 2015 TO JUNE 26,201

   AGM OF SYNDICATE BANK IS TO BE HELD ON JUNE 26, 2015.THE BOOK               CLOSURE WAS FROM JUNE 20, 2015 TO JUNE 26,2015.

MARKET SUMMARY FOR 19 JUNE 2015

Sensex extended its gain for sixth day in a row on Friday and rose 200 points to close at 27,316. The Nifty gained 50 points to 8,247.It was a day of real display of strength by the bulls for they showed the guts to build up major positions in the options as well as in futures! Not just that, they forced the bears to cover the short sold calls for strike prices of 7900 through 8100 for the June series in a big way: nearly 1.9 million units of call options for these strike prices were covered among which just 8100-strike saw a reduction of over 1.3 million units. On the put side, the bulls wrote around 5 million units for strike prices starting from 7900 through 8200. This only suggests that there would, most likely be, a serious attempt to get past the 200-day EMA at 8195 in the day’s session breaching it decisively. Equity benchmarks rallied for the sixth consecutive session Friday with the Nifty effortlessly conquering the 8200-mark, supported by banking & financials, oil and select auto stocks. Good monsoon start and upmove in global markets kept the investor mood positive.A strong trend at other Asian markets following a record closing at US markets yesterday despite the Greek stalemate helped.

NIFTY TRADING KEYS FOR 19 JUNE 2015

FOR FREE STOCK TIPS FILL UP THE FORM GIVEN TO YOUR RIGHT SIDE>>>>>>>>>

RUPEE APPRECIATES 42 PAISA AGAINST DOLLAR AFTER FED OUTCOME

NIFTY LIKELY TO OPEN IN GREEN

DOWN JONES 180 POINTS Up 18,115

NIKKIE 161 POINTS UP 20,152

HENG SENG 279 POINTS UP 26,973

EVENTS

·         C.MAHENDRA EXPORTS LIMITED HAS INFORMED THE EXCHANGE THAT THE COMPANY HAS FIXED RECORD DATE AS JUNE 19, 2015 FOR THE PURPOSE OF BONUS1:1.

·         AGM OF ASHOK LEYLAND BOOK CLOSURE WAS FROM JUNE 19, 2015 TO 29, 2015...