Markets show positive sentiments, With the results of exit polls showing the Bharatiya Janata Party (BJP) having an edge over the Congress in the five Assembly elections held in November and December  which are set to declare poll results on December 8. Nifty Dec fut closed on a positive note with weekly gain of  94.20bps and sensex closed at 20996 with a gain of  218 bps

Mumbai, Dec 9 - A benchmark index of Indian equities markets surged 316.31 points or 1.51 percent in the pre-noon trade Monday following the Bharatiya Janata Party's win in state assembly elections.

All the sectors were trading in green. The rally was led by banking index (bankex), capital goods and metal sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 21,416.67 points, was trading at 21,312.84 points in the pre-noon session, up 316.31 points or 1.51 percent from previous day's close at 20,996.53 points.

Markets show positive sentiments, With the results of exit polls showing the Bharatiya Janata Party (BJP) having an edge over the Congress in the five Assembly elections held in November and December  which are set to declare poll results on December 8. Nifty Dec fut closed on a positive note with weekly gain of  94.20bps and sensex closed at 20996 with a gain of  218 bps

Mumbai, Dec 6 - A benchmark index of Indian equities markets was trading flat at 1.04 points down or 0.00 percent in the pre-noon trade Friday.

Good buying was seen in auto and consumer durables sectors while selling pressure was seen in banking index (bankex) sector.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,955.74 points, was trading at 20,956.77 points in the pre-noon session, down 1.04 points or 0.00 percent from previous day's close at 20,957.81 points.

Mumbai, Dec 5 : Led by good buying support in banking, capital goods and realty stocks, a benchmark index of the Indian equities markets soared past the 21,000-points-mark in pre-noon trade Thursday.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened sharply higher at 20,992.25 points, was ruling at 20,995.21 points in the afternoon session, up 1.38 percent or 286.50 points from its previous day close at 20,708.71 points.

Mumbai, Dec. 5 - The Bombay Stock Exchange (BSE) benchmark Sensex soared to over 400 points in early morning trade on Thursday, and regained the 21,000 level in the wake of several exit polls predicting a Bharatiya Janata Party win in four of the five states that recently held assembly elections.

The states that went to polls were Chhattisgarh, Delhi, Madhya Pradesh, Mizoram and Rajasthan. Polls were held between November
11 and December 4. The counting of votes will take place on December 8.

Mumbai, Dec 4 - A benchmark index of Indian equities markets was trading flat at 17.66 points or 0.08 percent down in the morning trade Wednesday.

Good buying was seen in metal sector, while selling pressure was seen in capital goods and banking index (bankex) sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,839.45 points, was trading at 20,837.26 points in the early session, down 17.66 points or 0.08 percent from previous day's close at 20,854.92 points.

Mumbai, Dec 3 - A benchmark index of the Indian equities markets fell
27 points Tuesday due to selling pressure in FMCG, auto and banking
stocks.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which
opened in the negative at 20,857.85 points, was trading at 20,870.61
points in the afternoon session, down 0.13 percent or 27.40 points from
its previous day close at 20,898.01 points.

The Sensex touched a low of 20,826.73 points and high of 20,927.05 points in the intra-day.

Mumbai, Dec 2 - A benchmark index of the Indian equities markets rose 126 points Monday, led by good buying support in financial stocks.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened in the negative at 20,771.27 points, was trading at 20918.39 points at around noon, up 0.61 percent or 126.46 points from its previous close at 20,791.93 points.

The Sensex touched a high of 20,941 points and low of 20,770.51 points in the intra-day.

Nifty dec Fut closed for the week on a strong note at 6228 up by 213bps on renewed interest from the domestic institutional investors who have been net sellers thus far, Boost came ahead of GDP and fiscal defecit data to be announced on 29th nov after market hours. Coming to the previous week's update Nifty Nov fut was volatile after a strong opening it tumbled down and was consolidating.

Mumbai, Nov 29 - A benchmark index of Indian equities markets surged 232.92 points or 1.13 percent in the pre-noon session Friday.

All the sectors were trading in green and the rally was led by banking index (bankex), metal, public sector undertakings (PSUs), and oil and gas sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,558.93 points, was trading at 20,767.83 points in the pre-noon session, up 232.92 points or 1.13 percent from the previous day's close at 20,534.91 points.

Mumbai, Nov 28 : A benchmark index of Indian equities markets gained 137.78 points or 0.67 percent in the pre-noon session Thursday.

Good buying was observed in capital goods, oil and gas, and auto sectors, while marginal selling pressure was seen in IT sector.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,522.36 points, was trading at 20,558.04 points in the pre-noon session, up 137.78 points or 0.67 percent from the previous day's close at 20,420.26 points.

UK's mailing service, Royal Mail's shares increased 32p to 565p on the stock exchange in London and is now trading around 71 per cent higher than the 330p price at which it made its debut in the stock market.

The mailing service has a market value of £5.6 billion and it appears that the firm will enter the FTSE 100 Index during the next one month. The business secretary, Vince Cable defended the listing price of the mailing service after a strong performance helped boost its share prices. The sale was priced at 330p a share and valued the firm at £3.3 billion. The share value has risen and it values the company at £5.7 billion.

Mumbai, Nov 27 : A benchmark index of Indian equities markets was trading flat at 34.33 points or 0.17 percent down in the pre-noon session Wednesday.

Good buying was observed in auto and consumer durables sectors, while selling pressure was seen in banking index (bankex) and healthcare sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,449 points, was trading at 20,390.69 points in the pre-noon session, down 34.33 points or 0.17 percent from the previous day's close at
20,425.02 points.

Mumbai, Nov 26 - A benchmark index of Indian equities markets was trading flat at 85.47 points or 0.41 percent down in the pre-noon session Tuesday.

Good buying was observed in capital goods and consumer durables sectors, while selling pressure was seen in IT and auto sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,604.27 points, was trading at 20,519.61 points in the pre-noon session, down 85.47 points or 0.41 percent from the previous day's close at 20,605.08 points.

1. Cadila Healthcare Target Rs 870

2. Hotel Leela Target Rs 17

3. IFCI Target Rs 28

Nifty will find resistance at 6, 040 (50 DMA) and 20 DMA (6, 150). On downside Nifty will find support at 5, 860 (200 DMA). It is important for Nifty to sustain above 6, 200 for bullish trend. Oscillator suggests some upside as 14 Day RSI is at 29.

5 DMA – 6, 101

20 DMA – 6, 150

50 DMA – 6, 037

200 DMA – 5, 862

14 Day RSI – 29

30 Sensex down 1% to close at 20,217 during the week ended. Nifty moved down by 1% to close at 5,995 during the same period.

Events to Watch This Week:

1. India: Core Sector Growth Data (25 Nov)   
2. US: Home Starts Data (26 Nov)
3. US: Durable Goods Order (27 Nov)
4. Germany: Unemployment Data (28 Nov)
5. F&O Expiry (28 Nov)
6. India: Fiscal Deficit Data (29 Nov)
7. India Q2 GDP (29 Nov)

NIFTY- 5,995
CRUDE OIL- Rs 5,990/barrel
GOLD- Rs 29,865/10 gram
Rs/$- Rs 62.87

Mumbai, Nov 25 - A benchmark index of Indian equities markets surged 276.12 points or 1.37 percent up in the pre-noon session Monday.

The rally was led by banking index (bankex), capital goods, public sector undertakings (PSU), fast moving consumer goods (FMCG), oil and gas, and auto sectors, while selling pressure was seen in IT sector.

IndiGo, India's largest airline by market share, has indicated that it will increasing looking for regional market in the country to attract more customers. Rahul Bhatia, the promoter of of the airline, has said on saturday that the company will enter tier-II and tier-III markets with smaller aircraft.

The focus will be a new shift in the company's strategy of deploying single-type of aircraft and focusing on bigger metro cities in India. Bhatia, who is working as the managung director of Inter-Globe Enterprises, said that there is a potentail in the regional market.

Week open's on a positive note , but towards the end of the week nifty Nov fut sheds its gains and closed  at 6015 with a weekly loss of  73.70 bps.