Nifty recoups losses, but stays volatile ahead of expiry

Posted on February 23, 2012 by admin
Nifty recoups losses, but stays volatile ahead of expiry The market recouped its losses in the afternoon trade, though it was extremely choppy in trade ahead of FO expiry for February. It was supported by Reliance Industries, SBI and BHEL. Power, technology and FMCG stocks too were quite supportive.

Choppy Sensex under pressure; RIL, SBI outperform

Posted on February 23, 2012 by admin
Choppy Sensex under pressure; RIL, SBI outperform The market continued to trade lower amid volatility, weighed down by heavyweights ICICI Bank, LT and Bharti Airtel. Even metals, auto, real estate and power stocks added pressure. However, only two major index heavyweights SBI and Reliance Industries managed to cap the downside.

Nifty struggles at 5500; broader markets down 1%

Posted on February 23, 2012 by admin
Nifty struggles at 5500; broader markets down 1% The Nifty was struggling to hold the 5500 level in the morning trade amid volatility, which was weighed down by fall in metals, auto and power stocks. Bharti, LT and ICICI Bank too were under pressure. However, index heavyweights SBI and Reliance Industries were supporting the market.

Nifty flat amid choppy trade; Bharti, Sterlite down

Posted on February 23, 2012 by admin
Nifty flat amid choppy trade; Bharti, Sterlite down The Nifty was subdued in an early trade, opening below the 5500 level amid volatility. Metals, capital goods and power stocks were down while FMCG, technology and HDFC group companies' shares were on buyers' radar.

Sensex ends 283 pts down on profit taking; SBI, DLF fall 8%

Posted on February 22, 2012 by admin
Sensex ends 283 pts down on profit taking; SBI, DLF fall 8% The market on Wenesday saw its biggest fall in the last 16 sessions led by heavy sell-off in banks, metals, telecom and infrastructure stocks. Weak European cues after less-than-expected German's PMI and jobs data too dented the market's sentiment in last hour of trade.

Sensex sheds over 200 pts; broader markets down 2.5%

Posted on February 22, 2012 by admin
Sensex sheds over 200 pts; broader markets down 2.5% The Sensex shed more than 200 points in afternoon trade, weighed down by SBI, Reliance Industries, ICICI Bank and Bharti. Metals, realty, capital goods and power stocks too were down. The BSE benchmark was down 243 points to 18,185.39 and the NSE benchmark slipped 88 points to 5,519.25.

Nifty in narrow range; Sterlite, SBI top sell list

Posted on February 22, 2012 by admin
Nifty in narrow range; Sterlite, SBI top sell list The Nifty was moving a narrow range of 5580-5600 since the morning trade due to lack of major news globally as well as locally. Even European markets were flat in an early trade. The BSE benchmark declined 33 points to 18,395.46 and the NSE benchmark fell 17 points to 5,590.10.

Sensex moderately lower; oil gas, IT support

Posted on February 22, 2012 by admin
Sensex moderately lower; oil gas, IT support The market continued to trade moderately lower due to fall in SBI and ICICI Bank. Index heavyweights, however, Reliance, Infosys, ONGC and TCS were helping the market to stay near to the 5600 level.

Volatile Nifty falls below 5600; SBI, ICICI Bank, LT slip

Posted on February 22, 2012 by admin
Volatile Nifty falls below 5600; SBI, ICICI Bank, LT slip The Nifty slipped below the 5600 level amid choppy trade, weighed down by banks and metals stocks. LT and Bharti Airtel too were under pressure. However, oil gas, technology and auto stocks were supporting the market. The Sensex fell 21 points to 18,407.33 and the Nifty slipped 11 points to 5,595.80.