Owner: Share Markets Live Information Blog URL:http://sharemarketslive.info Join Date: Tue, 20 Nov 2007 10:30:10 -0600 Rating:0 Site Description: This is a blog where you will the latest happenings from the world of share markets of India,free tips and calls,IPO news,market fundamentals for beginners and many things more. Site statistics:Click here
Markets Bounce Back :Closes Up By 326 Points 2007-11-23 11:11:18 Finally the markets are back into action.After a long sea-saw session the markets ended the day in green by gaining over 326 points to settle at 18852 levels and nifty at 5608 levels up by over 89 points.In the morning session the markets slid into red after the news of serial blast came from UP and minutes before the close it saw a good momentum in scripts like power,reality and IT stocks.
But the investors need to remain cautious over the next week or so, as some triggers from US may lead to high volatility in the market.But as always we believed that the faster the market goes down the faster it recovers, and we are going to see this in coming days.If the markets remain up and over 18,300 levels we will definitely see some good gains next week.The other triggers could be the Fed meeting next month and the Reliance issue.
Some of our calls given for Friday did very well like Welspun(I) up 20%,Marg ,Simplex Real,Modern India,DCM shr Industries,GTC industries gained 5% each in the intr Read more:Bounce
, Markets
, Points
Have A Look At These Scripts 2007-11-22 23:00:45 For short term and medium term keep an eye on the following scripts:
Nucleus Soft cmp 329
D-link cmp 99
Marg cmp 381
Simplex Real cmp 313
DCM Shr Indu cmp 84
Modern India cmp 686
GTC indu cmp 571
Infy cmp 1531
Welspun(I) cmp 85
Sical Logistics cmp 240
PNB cmp 605
Jaiprakash Ass cmp 1625
Good Luck!
Read more:Scripts
So Whats The Next Stop For The Markets? 2007-11-22 09:49:29 The markets opened the day in a weak note with both sensex and nifty losing.The sensex touched the days low of 18,199 points and from there it recovered nicely to touch intra day high of 18,686 just before closing.But at the end of the day it lost 76 points to settle at 18,562 points and nifty lost 42 points to settle at 5,519 levels.
The key losers included Reliance energy,DLF,NTPC,L&T,ONGC,RCom etc.Finally the market was lead by some banking stocks like PNB,Kotak Bank,Federal Bank, HDFC, ICICI, Andhra Bank.The US markets will be closed on Friday due to ThanksGiving Day Celebration so the sensex will be mostly affected by the movements of the key Asian Markets
.
The Nifty has a good support levels at 5475 levels and sensex at 18,300 levels.Once these levels are breached a further downslide is expected in the markets.The next resistance levels for the markets would be at 5,700 levels for nifty.Meanwhile BHEL has won a major deal today worth 2,108 crores from Maithon Power Limited(
A Research Report On The Falling Markets 2007-11-21 11:33:00 A big bull run and then a sharp decline phase,well its becoming more or less synonymous with the Indian share markets.With todays loss of 678 points,the 4th largest single day decline,the share markets has continued its successive 5 day losing streak.But the question arises whats going wrong with the markets.Is it that the economy of the country is slowing down or is it that the foreign money is moving out of the markets or
anything else.
Lets start with todays market stats.The markets began the day with sensex at 19280 levels and then started the downslide.The much awaited Religare IPO finally started trading on the markets.It got listed at Rs 324 versus the issue price of Rs 185. The stock touched the highs Rs 600.The BSE index was moving in between 18,515 to 19,218 levels.And it finally ended the day with a loss of 678 points to settel at 18,602.
In majority of the sectors including banking ,metals,capital goods,real estate etc there was a heavy sell off by both FIIs and the ret Read more:Markets
, Research
IPOnalysis:Edelweiss Capital 2007-11-20 07:22:25 Edelweiss Capital is basically a financial company which provides its services in investment banking,asset management & wealth management.It also deals with stock broking.As we all know that it has finally decided to come up with a initial public offering with 8.30 million shares of face value of Rs 5,and it is following 100% book building process for it.
The best part of the story is that a few big foreign investors from US,UK,Spain have already taken 34 % stake in the company before its proposed IPO.The 34% stake is basically held by GIC singapore, greater pacific, Galleon, Americrop ventures and Lehman Brothers.The price band of the stock is fixed at Rs 725 to Rs 825 each.It has already opened its subscription on nov 15th.The company is expecting to rake in Rs 608 crores at lower price band and RS 692 crores at the upper price band.
Major reasons for bringing the IPO:
Enhancement of margin maintenance with stock exchanges.
Establishing additional offices and acquisition of
GMR:Will This Be The Next Big Story? 2007-11-18 05:33:43 GMR which stands for Grandhi Mallikarjuna Rao,as we all know, is one of the leading Indian Infrastructure companies.Of late there has been much talk on this script in the share markets.So lets have a look at the over all prospectus of the company in detail.
GMR was actually founded some 30 years back by Mr.Grandhi Mallikarjuna Rao,basically as a jute manufacturing company.From there slowly it grew into the infrastructure space which is now worth 38,122 crore of market cap.Presently it has got presence in many areas such as Airport,Energy,Urban Infrastructure and Highways,Agri Business,Corporate and internal services.See how the empire of GMR has spread all over India.
1.Delhi Airport — Modernisation Project.
2.Uttarakhand — 140 MW Hydro Project.
3.Ambala-Chandigarh–Express Highway.
4.Mangalore — Barge based Power Plant.
5.Chennai — 200Mw Diesel Power Project.
6.Arunachal Pradesh — 160 MW Hydro Project.
7.Orissa — 1050 MW Thermal Project.
8.
Markets To Remain RangeBound Amidst Profit Booking 2007-11-16 00:48:15 Amongst some heavy profit booking which occurred yesterday,sensex lost about 144 points and nifty 26 points.But there were some good movements which was seen the petroleum stocks.The US markets were also down yesterday marginally.So the markets are expected to trade in close quarters and remain range bound even today.The breadth of the market was positive with mid caps and small caps doing well.So lets have a look at few of the scripts which did extremely well yesterday and a few more calls for coming times.
Petroleum Stocks:
Bongaigaon R cmp 104
HPCL cmp 299
Chennia Petro cmp 400
Indian Oil Cor cmp 596
Manali Petro cmp 21
Few other scripts for short term:
Nagar Fert cmp 71.6
SREI Infra cmp 200
BL Kashyap cmp 1760
Read more:Booking
, Markets
Sensex Creates Another Record:Up By 894 Points 2007-11-15 02:14:17 It was the day everyone out there in D-Street was waiting for from the last 10-12 sessions.The markets yesterday Zoomed by about 894 points to gain its biggest intra day movement.The nifty also settled at 5937 with a gain of 242 points.All the sensex ended the day in positives with investors gaining over Rs 1,00,000 crore.The biggest gainers included HDFC bank,ICICI bank,RIL,Wipro,Satyam,Infosys,ONGC,Hindalco.
The markets had earlier lost about 1,239 points from Nov 2nd onwards.The last two trading sessions has seen a rise of about 1,192 points in total with almost recovering the losses.As it was reported earlier that the economy and fundamentals in general was looking positive.
Now lets have a look at how the call given here in the last few days have performed:
Stock Rec price Cmp
STC India 1119 1499
Welspun Gu Read more:Creates
, Points
, Record
Markets All Set To Bounce Back 2007-11-14 00:20:31 Finally the US markets firmed up on Tuesday following the results from two biggies Goldman Sachs Inc & Wal-Mart Stores Inc and gained around 320 points or 2.46%.Meanwhile the oil prices were also down by about $3/barrel which also led to the market rally.Hopefully the Indian and the Asian markets will follow the cue.Markets
showed some good signs yesterday itself by firming up 298 points and settling above 19,000 mark.And some of the calls made yesterday like Welspun Guj and Dredging Corp has returned over 10% intra day.
So lets have a look at few more stocks:
Essar Oil cmp 88.5
Noida Toll cmp 57.6
Torrent Power cmp 196 (Recommended Earlier)
Neyveli Lignite cmp 203
STC India cmp Read more:Bounce
Will Markets Firm Up Finally. 2007-11-12 22:26:23 Well thats a question everyone out there must be looking for.The Dow & Nasdaq are still in red and down by 0.42% and 1.67% yesterday.The ongoing credit crisis is the reason behind these moves.But a few investors and analyst are in the view that markets may recover soon.
Stocks to look out for today:
For short term:
National Aluminum Cmp 374
Welspun Guj Cmp 367
MSP Steel Cmp 64
Pioneer Inve Cmp 574
Neyveli Lignite Cmp 194 (Recommended Already)
MRPL Cmp 99 (Recommended Already)
GTC Indust Cmp 427
Medium Term:
Energy Dev Cmp 242
Cochin Minr Cmp 101
STC India Cmp 1360 (Recommended Already)
Power Grid Cmp 152
Good Luck & Read more:Finally
, Markets
Markets Ends Higher:Up By 360 Points 2007-11-30 23:52:02 So finally as expected and predicted over here “The markets did close with a positive tone”.The sensex gained 360 points to close at 19363 points and nifty was up by 128 points.Over all the market breadth was positive with 815 advances against 378 declines in nifty.That did set the mood of the investors.
In week ending Nov 30 many sectors were up like BSE IT and Capital goods was up by 5%,Reality was up by 8%,Bankex was up 4.6%.Finally due to the weakening dollar the IT sector also seems to be moving up.Everyone i eagerly waiting for Fed rate cut in mid Dec which may give a further boost to the markets.In Indian context there is some news that GDP growth has slowed down to 8.9% in july to sept quarter from 10.2% in corresponding period last year.Thats a bit of concern but as always the Indian economy is poised to grow at a good rate.
The month of Dec is expected to be a bit jittery for the markets.It may be range bound at the most.20,000 in sensex is what everyone must be l Read more:Higher
, Markets
, Points
Markets Beat Global Cues:Down 189 Points,What Lies Ahead? 2007-11-28 21:14:07 Well yesterday was a day with ups and downs,the share markets opened the day with a positive tone made some handsome gains before slipping into red.At the end of the day because of the profit booking the markets lost 189 points or 1% .The nifty was also down with losing over 81 points.The nifty has a support at 5500 levels and sensex at around 18,700 levels.
It is worth while to see how the markets react to all positive cues from US markets and Asian ones.It was one of the best days for US markets with Dow getting its Biggest 2-day gains in the last 5 years basically due to the expectation of a rate cut coming in soon in Dec by Fed. Reacting to this news Dow and Nasdaq gained 2.55% and 3.18 % respectively.
The IT sector had also made some modest gains in the last week or so,with rupee depreciating over 1.15% when the CNX IT index gained 3.11% in.I -flex gained 11.70 %,Hexaware was up by 7.49%,HCL was up by 5.75% ,TCS by 5.41% in between Nov 21 and Nov 27.Some Read more:Global
, Markets
, Points
Markets All Set to Recover For A While 2007-11-27 22:50:35 Finally what we predicted yesterday at this place came true and the markets shed 120 points to settle down at 19,127 points owing to the fresh sub prime cases and weak Asian markets.But the IT pack seems to be recovering partially at this point of time.
The investors need to remain cautious before entering into this scripts.Infosys can be bought at lower levels with 5-6 months target.But the US markets had a great recovery yesterday with both Dow & Nasdaq recovering smartly by 1.7 % and 1.57% respectively.And also the crude oil prices are down to $94/barrels level.But for the European markets ,all other markets including the Asian markets have recovered to some extent.So overall we can expect the Indian markets to respond in a positive manner today.
Now lets see how the calls made yesterday have performed.Essar oil was up by 16%,Simplex real was up by 5%,Modern India was up by 5%,Marg was up by 1.8%,Pudumjee agr was up by 5%,Prime textile was up by 5.5%,Ispat was down by 2.32%,khod Read more:Markets
Sensex Recovers Partially,Choppy Days Ahead 2007-11-26 22:45:46 Taking a cue from the US and the neighborhood Asian markets the sensex gained back from its lows on Monday to close at 19247 points,up by over 394 points and nifty was up by 123 points.All the stocks from the sensex ended their day in green by gaining a few % points.The sensex supporters included RIL,ONGC,HDFC Bank,Bharti Airtel,TATA Steel and the IT pack.
But the near term future looks a bit dull with US markets down due to fresh credit concerns. Both Dow & Nasdaq ended down by 1.83% and 2.14% in yesterdays trade.Most of the major front line stocks shed weight and were down considerably.The Fed has also decided to inject some $8 billion into the banking system in the coming weeks.
So back home the investors need to be a bit cautious while trading.While the future in long term looks bright as always in India ,but the current events points to some concerns in the coming days.The FIIs also have turned net sellers from the data of SEBI.Invest in the IT sector in every dip and hold on
Markets May Bounce Back Today 2007-11-25 20:00:27 The market outlook for the coming week looks positive with US markets showing some sort of recovery late last week both Nasdaq and S&P 500 closing in green and gaining over 1.3% and 1.6% respectively.And over the weekend the Indian markets also recovered partially by BSE gaining 326 points and NSE 89 points.
There could be movements either way today but we feel its time for the markets to bounce back as the inflation also down as compared to the previous weeks and at this stage a few stocks looks good in valuations & price.Some stocks which are expected to show good results include:
RPL cmp 209
TATA motors cmp 714
Infosys cmp 1558
Simplex Infra cmp 599
Reliance Energy cmp 1725
GMR Infra cmp 244
Neyveli Lignite cmp 214
Read more:Bounce
, Markets
, Today
REC IPO Allotment And Listing Dates:March 12th 2008 2008-03-09 22:10:06 Rural Electrification Corp (REC) which raised about Rs 1,640 crores will be listing in the markets on Mar 12th,2008.It hit the capital markets on Feb 19th with 15.62 crores equity shares with the price band of Rs 90 and Rs 105.Amidst high volatility in the markets the issue was subscribed 27 times within [...] Read more:Allotment
, March
IPO Analysis:Gammon Infrastructure Projects Ltd(GIPL) 2008-03-08 22:01:48 Gammon InfrastructureProjects
Ltd is basically a infrastructure development company promoted by the Gammon Group.It is coming up with a public issue of 1.65 crore equity shares with a face value of Rs 10 each.The issue is going to open on Mar 10th and will close on Mar 13th,2008.The price band has been decided [...] Read more:Analysis
, Gammon
Sensex The Biggest Loser Among Asian Markets:Sensex Had Lost 21% In 2008 2008-03-08 08:28:51 The four long years of bull run some how looks to have come to an end with markets hitting a new low figure almost everyday.Indian share markets gained a handsome 45% roughly in 2006 and 2007. Then came the US recession story and from there onwards it has started bleeding along with the neighboring [...] Read more:Asian
, Biggest Loser
, Loser
, Markets
A Complete Analysis Of Budget 2008-09 2008-02-29 21:40:17 The budget for the fiscal year 2008-09 is finally out.As expected it was a people centric populist budget drawn out keeping the general election in May 2009 in mind.But however many sections of the economy are not satisfied with this budget.It could not lift the mood of the markets and it declined by 245 [...] Read more:Analysis
Railway Budget Out:Cuts Passenger Fares And Freight Rates. 2008-02-26 14:03:05 Railway Minister Lalu Prasad Yadav today presented his fifth consecutive Railway Budget for the year 2008-09.As expected the budget was a people centric one keeping in mind the coming elections in the year May 2009.It is one of the biggest ever annual plan for the Railways to spend over Rs 37,500 crores in this [...] Read more:Freight
, Passenger
, Rates
Pre-Budget Rally:Will We See Something Of This Sort? 2008-02-25 14:10:58 Its the time of the year again to face another budget of the Union Government.It is said that this time we will see a popular Aam Aadami Oriented budget from the finance minister.This is the last budget to be presented by UPA govt before it faces the election in May 2008.The budget session of [...] Read more:Rally
Reliance Power Issues Bonus: 3:5 2008-02-24 16:27:36 The ADAG board which met on Feb 24th approved the bonus issue of shares in the ratio 3:5 or 3 shares for every 5 held.This is surely going to reduce the prices at which investors bought the shares in the IPO and there will be certainly reasons to cheer about now.The IPO cost for [...] Read more:Bonus
, Issues
, Reliance
The Inside Story: What Went Wrong With Reliance Power Stock Listing? 2008-02-23 14:23:36 Reliance Power IPO the biggest one to hit the Indian markets attracted some great interests among the investors and FIIs alike.There were many other records which were broken by this IPO from ADAG group.But finally it went down into the pages of history as one of those high profile IPOs which garnered very less [...] Read more:Reliance
, Stock
, Wrong
Relaince power Gets listed in the markets:At Rs 525 2008-02-10 23:20:39 The maga IPO which was being awaited all these days with so much euphoria got finally listed
in the markets today at RS 525 against the offer price of Rs450/share getting a premium of just Rs 75 even below the expectations.And within moments it has slipped below its offer price of Rs 450 and [...] Read more:power
IPO Analysis :Wockhardt Hospitals. 2008-02-07 07:55:45 Wockhardt hospitals is a leading private health care service company in India.It was established in the year 1991 under the name First hospitals and heart institute.It has hit the capital markets already and the IPO has opened on Jan 31st and is already closed on Feb 5th.The company has issued 2.5 crore equity shares [...] Read more:Analysis
, Hospitals
Relief Rally In Markets:May Surge Ahead Along With Global Peers 2008-03-11 22:35:19 Well finally a temporary relief rally seems to have come into the markets.Sensex gained close to 200 points and and Nifty was up by 65.50 points.With the surging US and Asian markets the Indian share markets gained some good points yesterday.The trend is very much likely to continue today too.In yesterday’s trade in [...] Read more:Global
, Markets
, Peers
, Rally
, Surge
Sensex Down By 951 Points:Second Largest Fall Till Date,What Lies Ahead? 2008-03-18 13:21:26 Well I am a bit late covering such an important event in the Indian share markets. But better late than never. Yesterday I posted an article just before the opening of the trade in the Indian markets warning of a huge fall. And the same thing happened moments later with sensex nosediving by over [...] Read more:Largest
, Points
, Second
Sixth Pay Commission Report Out:Find Out Whats In Store For The Govt Employees 2008-03-24 05:47:33 So finally the much awaited Sixth
Pay Commission
report was submitted to the finance minister Mr.P.Chidambaram today,but the details are yet to be disclosed. Well this is a piece of good news for all the four million central Government employees. The last pay commission was declared way back in 1997 at an annual [...] Read more:Store
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