Stock Markets

Nikkei ends morning lower ahead of USearnings report season

Nikkei ends morning lower ahead of USearnings report season Tokyo - Japan's key Nikkei 225 Stock Average ended morning trading lower Monday with investors in a wait-and-see mood ahead of US corporate earnings reports to be announced this week. The Nikkei index dipped 6.49 points, or 0.07 per cent, to 8,957.62 after briefly rising above the 9,000-points level during the morning session.

But the broader Topix index of all first-section issues was up 3.64 points, or 0.43 per cent, at 849.61.

Medium Term Buy Call – ITC Limited at 186

ITC Limited

Company is the largest manufacturer of cigarettes in India. It is a member of BAT Group of UK. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by BusinessWorld and among India's Most Valuable Companies by Business Today. ITC ranks among India's "10 Most Valuable (Company) Brands", in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.

Products & services-

Long Term Buy Call – Nestle India Limited at current levels

Nestle India LimitedIncorporated in 1959 as Food Specialties

Indian Stock Pick – Marico Limited, Buy at Rs 61

maricoMarico (MARICO), incorporated on Oct.

Sensex Up By 445.03 Pts; Nifty Gains 131 Pts

Sensex Up By 445.03 Pts; Nifty Gains 131 PtsDuring the week ended April 09, 2009, the 30 share index, Sensex gained 445.03 points to 10,803.86, whereas the broad based NSE Nifty climbed 131 points to 3,342.05 during the same period.

Indian stock markets on Monday belled the week strongly and closed the day in the positive terrain.

At closure, Sensex climbed 186 points to close at 10535, whereas the Nifty marked its closure at 3256, up 45 points.

Consumer durables, metal, auto and real estate stocks topped the gaining charts, whereas FMCG stocks went down.

Sensex Ends 61.52 Pts Up; Nifty Closes On A Flat Note

Sensex Ends 61.52 Pts Up; Nifty Closes On A Flat NoteThe Sensex closed the choppy day on a positive note led by realty, metal, banking and consumer durables stocks.

It belled the day strongly after gaining 133.81 points at 10,876.15 on Thursday. But after few minutes of trading, it fell into the pessimistic zone because of profit booking.

The markets remained volatile allthrough the day.

The inflationary and IIP data was also announced during the noon trades. The benchmark index Sensex hit an intraday high of 10,932.12 and intraday low of 10,655.96.

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