Tuesday's market update..!!

Dear traders,
                     
               Today the market was not so as expected... so lets take a look on the indian market, performance of companies and corporate actions...


                     The Indian market opens for trade this morning on a flat-to-negative note. Earlier, the US rallied to close higher with the Dow up 291 and Nasdaq up 85 odd points while Asia is mixed at this hour. CNX Midcap index is up 0.3% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 338 against declines of 273 on the NSE.


                     Into the last half hour of trade, the market is rangebound and trading in negative territory. Sensex is at 16010, down 156 points from its previous close, and Nifty is at 4806, down 44 points. CNX Midcap index is down 0.3% and BSE Smallcap index is down 0.2%. The market breadth is negative with advances at 504 against declines of 769 on the NSE.


                     The coming growth slowdown will be almost as deep as the credit crisis and we expect Indian GDP growth to decelerate to 6.9% in 2012 from our earlier expectation of 7.4%, says Chetan Ahya of Morgan Stanley on CNBC TV18. He believes that the average growth in the four worst quarters will be 6.8% compared with 6.5% during the credit crisis and he sees a high risk of a long-persistent growth slowdown.   


                     The Indian market closed a choppy day of trade on a negative note on the back of profit booking following yesterday's short-covering rally. Selling pressure was seen in heavyweights like RIL which added to the pressure. Sensex closed at 15994, down 172 points (provisional) and Nifty at 4797, down 53 points (provisional) from the previous close. CNX Midcap index was down 0.4% and BSE Smallcap index was down 0.2%. The market breadth was negative with advances at 503 against declines of 782 on the NSE. 


                     It was a down day for the Indian market after the sharp relief rally it witnessed yesterday and today, sectors like banks, metals, autos and oil & gas came under the pressure of profit taking. However, some support was provided by FMCG and select auto stocks. The broader markets traded in sync with the largecaps. Sensex shut shop at 16008, down 158 points and Nifty at 4805, down 46 points from the previous close. CNX Midcap index was down 0.4% and BSE Smallcap index was down 0.2%. The market breadth was negative with advances at 512 against declines of 788 on the NSE. Top Nifty gainers were Dr Reddy's, Bajaj Auto and Mahindra & Mahindra while losers included PNB, Jindal Steel & Power and Bharti Airtel.

                     Europe has opened in the red and is trading lower while the Indian market is trading with substantial losses.
                     Asia closes up strong but the Indian market has now slipped back into the red amidst volatility.
                     
                     This is a market not to sell into but to look for opportunities to buy.

                     The trend of the market continues to be bearish in the long term and so play on the short side.
                           

Friday the last trading day of the week.

Dear traders,
                          This is the last trading day of the week for the active traders in Indian stock market which was not satisfactory for the traders due to the drop in points of the BSE and NSE while market shuts down. There is a rapid down trend going on in the Indian stock market and as per my research this down trend will stay up to the year end.  Now lets go through today's market status which was open from 9:00 AM in the morning till 3:30PM in the afternoon.


                       The pre-opening session starts with no clear direction and the Sensex is trading at 16411, down 51 points while the Nifty is at 5015, up 80 points from its previous close. Normal trading starts at 9:15 AM.

                      The markets open on a negative note with both benchmark indices showing substantial dips with metal being the biggest laggard in opening trades. The Sensex is trading at 16373, down 89 points from its previous close, and the Nifty is at 4895, down 39 points. The CNX Midcap index is down 0.7% while the BSE Smallcap index has lost 0.2%. The market breadth is negative with advances at 171 against declines of 561 on the NSE. 


                     Negative trend continues in the markets with all sectoral indices trading negative. Oil & gas, metal and capital goods are the biggest losers at this hour and banking and auto, too, look weak. The Sensex is trading at 16287, down 174 points from its previous close, and the Nifty is at 4877, down 57 points. The CNX Midcap index is down 1.5% while the BSE Smallcap index has lost 1.9% till now. The market breadth is negative with advances at 214 against declines of 1098 on the NSE.


                      The markets are still reeling under selling pressure with realty, metal, banking, capital goods and auto being the biggest losers at this hour. The Sensex is trading at 16226, down 236 points from its previous close, and the Nifty is at 4856, down 79 points. The CNX Midcap index is down 1.9% while the BSE Smallcap index has lost 2.3% till now. The market breadth is negative with advances at 173 against declines of 1091 on the NSE.


                      The markets still look weak and all sectoral indices are trading negative. The Sensex is trading at 16243, down 219 points from its previous close, and the Nifty is at 4860, down 75 points. The CNX Midcap index is down 1.7% while the BSE Smallcap index has lost 2.4% till now. The market breadth is negative with advances at 188 against declines of 1102 on the NSE.


                      Negative trend continues in the markets with all sectoral indices trading negative. Capital goods and realty are the biggest laggards at this hour and oil & gas, metal and banking, too, look weak. The Sensex is trading at 16343, down 119 points from its previous close, and the Nifty is at 4894, down 40 points. The CNX Midcap index is down 1.1% while the BSE Smallcap index has lost 2.2% till now. The market breadth is negative with advances at 234 against declines of 1063 on the NSE. 


                      The markets are still trading deeply in the red and barring healthcare, all sectoral indices are trading negative. Realty, capital goods and metal are the worst performers at this hour and banking and auto also look weak. The Sensex is trading at 16266, down 196 points from its previous close, and the Nifty is at 4872, down 62 points. The CNX Midcap index is down 1.2% while the BSE Smallcap index has lost 2.1% till now. The market breadth is negative with advances at 234 against declines of 1059 on the NSE.


                      The markets have recovered from the lows of the day, though still trading in the red. Realty, metal, banking and auto are the biggest losers at this hour and healthcare is the only sector that is trading positive. The Sensex is trading at 16366, down 96 points from its previous close, and the Nifty is at 4904, down 31 points. The CNX Midcap index is down 0.9% while the BSE Smallcap index has lost 2% till now. The market breadth is negative with advances at 284 against declines of 1029 on the NSE.


                       The markets recovered significantly from the lows of the day to close with moderate losses. The Sensex closed at 16395 (provisional), down 67 points from its previous close, and the Nifty closed at 4914 (provisional), down 20 points. The CNX Midcap index was down 0.6% and the BSE Smallcap index lost 1.8%. The market breadth was negative with advances at 384 against declines of 920 on the NSE.


                      The markets traded deeply in the red for the most part of the day. However, a positive opening in Europe spurred on the indices and they closed with only moderate losses. Realty, metal, FMCG and auto were the worst performers of today's trade while oil & gas, healthcare and consumer durables made some gains. The Sensex closed at 16371, down 90 points from its previous close, and the Nifty shut shop at 4906, down 29 points. The CNX Midcap index closed with 0.8% loss while the BSE Smallcap index was down 1.9% in today's trade. The market breadth was negative with advances at 348 against declines of 961 on the NSE. The top Nifty gainers were SAIL, Hero MotoCorp, IDFC and Tata Power while the biggest losers included Sesa Goa, ITC, Power Grid and Mahindra & Mahindra.


                      The markets closed with significant losses during the week with both benchmark indices and all sectoral indices closing in the red. Realty and capital goods were the biggest laggards while metal, oil & gas and banking, too, played their role in pulling the markets down. The Sensex was down 4.9% while the Nifty lost 5.24% during the week. The CNX Midcap index was down 6.8%, the BSE Smallcap lost 8.7%, CNX Realty was down 12.3% and the Bank Nifty closed with 4.7% loss. The BSE OilGas lost 7.2%, BSE Metal lost 7.7%, BSE Capital Goods was down 10.2% while the BSE Powerclosed with 9.9% loss over the week. The top Nifty losers during the week were JP Associates, BHEL, Reliance Capital and SAIL.

Thursday morning market status.

Dear traders,


                         We could see the market move sideways before beginning its next leg down For the day, the market is likely to stay positive above 5028, he adds. There are resistances at 5067 and 5104 with support coming in first at 5028 and then 4991.
                         
                         We are likely to open negative and then find support at 4990-4960. The market could then bounce back to the levels of 5075 and even 5140.


                         The pre-opening session of the market begins with the Nifty and Sensex indicating a quiet start today. The SGX Nifty is at 5030, down 49 points. Normal trading will start at 9.15 am.


                        The Indian market opens for trade this morning on a negative note on the back of grim global cues. Earlier, the US markets ended lower with the Dow down 191 odd points while Asia is mixed at this hour. Sensex is trading at 16749, down 26 points from its previous close, and Nifty is at 5020, down 9 points. CNX Midcap index is down 0.2% and BSE Smallcap index is up 0.1%. The market breadth is negative with advances at 208 against declines of 285 on the NSE.


                        After a gap-down start, the market is now trading lower amid some volatility. Sensex is at 16695, down 80 points from its previous close, and Nifty is at 5003, down 27 points. CNX Midcap index is down 0.3% and BSE Smallcap index is down 0.4%. The market breadth is negative with advances at 442 against declines of 690 on the NSE.


                        Initiate short positions in the market at 5100-5150 and not if the Nifty breaks below 5000.


                       Q2 earnings were marginally below expectations with two major disappointments - Maruti Suzuki and Tata Steel. We now estimate that FY12 net profits may grow at 14.4% for Sensex companies. We have fine-tuned our FY12 Sensex EPS estimate to Rs 1120 from Rs 1160 and the FY13 EPS estimates have also been revised lower to Rs 1300 from Rs 1320 previously


                       Nervousness continues in the market though it has come off the lows of the day. Sensex is trading at 16743, down 31 points from its previous close, and Nifty is at 5016, down 14 points. CNX Midcap index is down 0.1% and BSE Smallcap index is down 0.3%. The market breadth is negative with advances at 508 against declines of 706 on the NSE.


                      The level of 4950 is an important support level on the Nifty and as long as this holds, then we could see a pullback to higher levels.


                      Inflation: Primary articles inflation for week ended November 5 has come in at 10.39% versus 11.43% (WoW), food articles inflation at 10.63% versus 11.81% (WoW) while fuel group inflation is at 15.49% versus 14.5% (WoW).
                     
                     At noon, the market is still in the red though trading with modest losses while the broader markets are flat. Sensex is at 16734, down 41 points from its previous close, and Nifty is at 5012, down 17 points. CNX Midcap index is up 0.1% and BSE Smallcap index is down 0.1%. The market breadth is negative with advances at 573 against declines of 667 on the NSE.


                    

Tuesday's market status

Dear traders,
                    The markets traded range bound in the morning but slipped in the last one hour of trade to close with about 1.5% losses. In fact i would like to advice traders to be alert in trading. Though all sectoral indices closed negative with realty, capital goods, banking and metal being the worst performers. Auto and oil & gas, too, lost significantly to put pressure on the indices. The Sensex closed at 16883, down 236 points from its previous close, and the Nifty shut shop at 5068, down 80 points. The CNX Midcap index closed with 2.6% loss while the BSE Smallcap index was down 2.8% in today's trade. The market breadth was negative with advances at 151 against declines of 1173 on the NSE. its going to be a bad trend in the Indian stock market , as we have seen the previous trading days there is no resistance in the stock market. The top Nifty gainers were Cipla, Tata Motors, Grasim and HDFC Bank while the biggest losers included DLF, JP Associates, RCom and Siemens.

Friday's market status.

Dear traders,
                         Negative trend continues in the markets with banking still reeling under selling pressure. Metal, capital goods and realty, too, look weak while auto and oil & gas have made smart gains. The Sensex is trading at 17213, down 149 points from its previous close, and the Nifty is at 5173, down 47 points. The CNX Midcap index is down 1.2% while the BSE Smallcap index has lost 1.5% till now. The market breadth is negative with advances at 306 against declines of 986 on the NSE.
                         
                         The markets closed weak today with banking being the biggest loser of today's session. The Sensex closed at 17211 (provisional), down 151 points from its previous close, and the Nifty closed at 5175 (provisional), down 46 points. The CNX Midcap index was down 1.2% and the BSE Smallcap index lost 1.5%. The market breadth was negative with advances at 351 against declines of 960 on the NSE.


                          The markets traded with negative bias throughout the day and even the positive opening of Europe could not help the indices. Banking remained the biggest laggard in today's trade and capital goods, metal and realty, too, played their role in pulling the markets down. Auto and oil & gas closed in the green and support also came from FMCG and healthcare. The Sensex closed at 17193, down 169 points from its previous close, and the Nifty shut shop at 5169, down 52 points. The CNX Midcap index closed with 1.3% loss while the BSE Smallcap index was down 1.6% in today's trade. The market breadth was negative with advances at 305 against declines of 999 on the NSE. The top Nifty gainers were Mahindra & Mahindra, Sun Pharma, RIL and Bajaj Auto while the biggest losers included Axis Bank, Hindalco, ICICI Bank and Tata Steel.

                          The markets closed with significant losses during the week with all sectoral indices and both benchmark indices closing in the red. Banking and metal were the biggest laggards while auto closed with moderate loss. The Sensex was down 2.25% while the Nifty also lost 2.25% during the week. The CNX Midcap index was down 2.7%, the BSE Smallcap lost 2.8% and the Bank Nifty closed with 5.6% loss over the week. The BSE OilGas lost 1.4%, BSE Auto was down 1.2%, BSE Metal lost 4.9% while the BSE Powerclosed with 2.5% loss over the week. The top Nifty gainers during the week were HUL, Hero MotoCorp, TCS and Wipro while the biggest losers included BPCL, SBI, Tata Steel and DLF.

Thursday's market status

Dear trader,
                     
                The markets closed with moderate gains today with realty being the best performer. The Sensex closed at 17527 (provisional), up 62 points from its previous close, and the Nifty closed at 5280 (provisional), up 22 points. The CNX Midcap index was up 0.5% and the BSE Smallcap index gained 0.1%. The market breadth was negative with advances at 683 against declines of 730 on the NSE.
                     
                The markets closed flat today with realty, power, oil & gas and capital goods outperforming all other sectors. Both benchmark indices were trading with about half-a-percent losses in the morning. However, positive cues from Europe gave a boost to the markets in the last one hour. The Sensex closed at 17482, up 17 points from its previous close, and the Nifty shut shop at 5266, up 8 points. The CNX Midcap index closed with 0.4% gain while the BSE Smallcap index closed with no change in today's trade. The market breadth was negative with advances at 653 against declines of 752 on the NSE. The top Nifty gainers were DLF, BHEL, ACC and Reliance Infra while the biggest losers included SAIL, IDFC, HUL and Tata.

Wednesday starts with with a positive note..!!

Dear traders,
                      The market is likely to open gap-down but 5170-5150 should act as a strong support and we could see the Nifty bounce back from there. If the market opens at 5200 and breaches it on the downside, then it could go down to 5150.


                      The pre-opening session of the market begins with the Nifty and Sensex indicating a gap-down start today. The SGX Nifty is at 5250, down 39 points. Normal trading will start at 9.15 am.
                      The Indian market opens starts trade this morning on a negative note on the back of weak global cues. Earlier, the US markets ended lower with the Dow down 297 and Nasdaq down 77 odd points while Asia is in the red at this hour. Sensex is trading at 17395, down 85 points from its previous close, and Nifty is at 5230, down 27 points. CNX Midcap index is down 0.4% and BSE Smallcap index is down 0.1%. The market breadth is negative with advances at 189 against declines of 545 on the NSE.

                     Hold long positions in the market with a target of 5500 and stop loss of 5150.


                     After a gap-down start, the market has made a smart pullback and is now trading with minor losses following a buying spree in oil & gas and pharma sectors. Sensex is at 17454, down 26 points from its previous close, and Nifty is at 5250, down 7 points. CNX Midcap index is down 0.04% and BSE Smallcap index is up 0.1%. The market breadth is negative with advances at 529 against declines of 678 on the NSE. 


                    For the day an important level would be 5268 above which the market will stay positive, We see support coming in at 5268 and then 5226 with resistances at 5298 and 5340.


                     The market is now trading with a positive bias after a smart pullback. Sensex is at 17538, up 57 points from its previous close, and Nifty is at 5276, up 18 points. CNX Midcap index is up 0.2% and BSE Smallcap index is up 0.3%. The market breadth is positive with advances at 672 against declines of 634 on the NSE.


                    At noon, the market is showing strength despite the weak opening and trading with good gains. Sensex is at 17588, up 107 points from its previous close, and Nifty is at 5291, up 33 points. CNX Midcap index is up 0.2% and BSE Smallcap index is up 0.3%. The market breadth is positive with advances at 768 against declines of 588 on the NSE.


                   By next week all negative global cues should have sorted themselves out and we could see the Nifty head towards 5700-5800 by this month end. It is likely that the market should hold 5150-5140 with strong base at 5165, he adds. We believes the Greece referendum holds the key and advises increasing exposure to equities.


                  The market is trading positive at this hour though it has given up some of its early gains. The broader markets are looking steady, too. Sensex is at 17544, up 63 points from its previous close, and Nifty is at 5277, up 19 points. CNX Midcap index is up 0.6% and BSE Smallcap index is up 0.3%. The market breadth is positive with advances at 735 against declines of 632 on the NSE.  
                  

Tuesday's market watch

Dear traders,
                               The pre-opening session of the market begins with the Nifty and Sensex indicating a negative start today. The SGX Nifty is at 5311, down 36 points. Normal trading will start at 9.15 am.
                                     The Indian market opens for trade this morning on a negative note as indicated by global cues. Earlier, the US markets ended lower with the Dow Jones losing 276 and Nasdaq 52 odd points while Asia is mixed at this hour. Sensex is trading at 17612, down 92 points from its previous close, and Nifty is at 5298, down 28 points. CNX Midcap index is down 0.3% and BSE Smallcap index is up 0.04%. The market breadth is negative with advances at 169 against declines of 364 on the NSE.
                                     After a gap-down start, the market is still trading in the red with pressure being applied by FMCG, capital goods, metals and autos. Sensex is at 17629, down 75 points from its previous close, and Nifty is at 5301, down 25 points. CNX Midcap index is up 0.2% and BSE Smallcap index is also up 0.2%. The market breadth is positive with advances at 606 against declines of 574 on the NSE. 
                                     The trend of the market is still strong and if the Nifty is able to sustain above 5300 then we could be headed towards 5500,Otherwise, the market could continue to stay within the range of 5400 and 5200
                                     The market should find strong support at 5280 and could give a closing around 5320-5340.
                                     The market is now trading lower and the Sensex is at 17590, down 114 points from its previous close, and Nifty at 5288, down 37 points. CNX Midcap index is up 0.1% and BSE Smallcap index is up 0.3%. The market breadth is negative with advances at 592 against declines of 734 on the NSE. 
                                     Weakness persists in the market with the benchmark indices trading with moderate losses. Sensex is at 17570, down 134 points from its previous close, and Nifty is at 5281, down 44 points. CNX Midcap index is down 0.2% and BSE Smallcap index is down 0.1%. The market breadth is negative with advances at 548 against declines of 831 on the NSE.
                                     Going forward, the market is likely to trade with an upward bias,The Nifty will settle at a bottom level of 5250-5200. We believe November-December would be good for global and Indian equities and sees PSU banks valuations reflecting lower end of prices.

Today's market expectations..

Dear traders,


                             The pre-opening session of the market begins with the Nifty and Sensex indicating a flat start today. The SGX Nifty is at 5371, down 13 points. 
                             The Indian market opens the first trading day of the week on a soft note after the huge rally on Friday. Over the weekend, the US markets closed flat with the Dow up 22 odd points while Asia is in the red at this hour. Sensex is trading at 17753, down 50 points from its previous close, and Nifty is at 5336, down 23 points. CNX Midcap index is down 0.1% and BSE Smallcap index is up 0.3%. The market breadth is negative with advances at 333 against declines of 356 on the NSE.
                             The markets are trading negative with oil & gas and consumer durables being the biggest losers at this hour. The Sensex is trading at 17729, down 76 points from its previous close, and the Nifty is at 5332, down 29 points. The CNX Midcap index is up 0.04% while the BSE Smallcap index has gained 0.3% till now. The market breadth is negative with advances at 589 against declines of 666 on the NSE.
                             The markets are still trading in a range with banking, IT and realty being in positive territory. Metal, oil & gas and auto are the biggest losers at this hour. The Sensex is trading at 17719, down 86 points from its previous close, and the Nifty is at 5327, down 33 points. The CNX Midcap index is up 0.3% while the BSE Smallcap index has also gained 0.3% till now. The market breadth is positive with advances at 678 against declines of 670 on the NSE.  

                 

Today's market status

Dear traders,
                      The Indian market opens the first trading day of the week on a strong note. On Friday, the US markets closed higher with the Dow up 267 odd points while Asia is in the green at this hour. Sensex is trading at 17049, up 263 points from its previous close, and Nifty is at 5127, up 77 points. CNX Midcap index is up 1.1% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 559 against declines of 87 on the NSE.
                     
                We are likely to see an upmove in the market this month and the next month and the Nifty could possibly go past 5200 with support at 4920-4900.
                    
                The market is steady at this hour and trading with broad gains though it has come off the highs. Sensex is at 17061, up 275 points from its previous close, and Nifty is at 5133, up 83 points. CNX Midcap index is up 0.9% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 896 against declines of 442 on the NSE.

Indian investors point of view

Dear traders,




                                                 "We must remove the emotional element as quickly as possible in trading. If you can do it before you put on a position, you have a good start."




                  As you all know yesterday the market was not stable and the investors had bad impression about the market... but have you ever thought what was the reason behind falling of Indian stock market...? No, because we Indian investors always expect boom in BSE and NSE without any reason, they believe by praying to Bull and Bear and the Indian market will act upon their will and wish, always Indian investors expect some miracle in stock market.. this is the fate of Indian investors.