December 22, 2008 AT 5:32 PM
GLOBAL NEWS - China cuts key rate by 27 bps... could support Base Metals for short-term. DOMESTIC NEWS - F & O Expiry : Due to Holiday on Thursday 25th December, 2008 on Account of CHRISTMAS DAY the F & O Expiry will be now on Wedensday 24th December, 2008 - Unitech to sell its Marriott Courtyard hotel for 2.7 bln rupees. - Jet Airways eyes stake in MRO facility at Hyderabad airport - Suzlon’s subsidiary REpower is likely to bag the world’s largest wind turbine contract of 1250 mw in the next couple of months. - Vijay Mallya in race to buy Honda's F1 team. - CMIE lowers India FY09 growth forecast to 7.5% from 8.2% earlier. - Govt tables insurance bill in Rajya Sabha amid feisty opposition - Taj, Oberoi- Trident get 500 mln rupees from terror insurance pool.
December 5, 2008 AT 8:55 PM
As we predicted in morning that if sensex would be able to breach 9326 level than a sustained up move would be seen. But market was unable to breach resistance levels of 9326 for sensex so in the second half saw a negative movement. With this, European market ended in negative and gave negative cue to Indian stock market. The crude saw the lowest level and ended above $44/barrel today which gave the biggest worry for oil refining companies as the oil ministry was considering a fuel price cut — a move that could impact the companies negatively. And by the end of the day, government declared 5 rupees cut in petrol prices and 2 rupees cut in diesel prices. This made heavy selling in oil companies. At the end of the trading session market ended with: Sensex: 8965.20 (-264.55 Points down) Nifty: 2714.40 ( -73.60
November 30, 2008 AT 10:16 PM
This analysis (series of analysis) has been started by EquityPandit.com so that no small investor or trader may endup investing into wrong stocks. This series of analysis would let you know: - Stocks to invest in - Perfect time to invest - Perfect time to get rid of particular stocks. - How to book good profits. - Factors that affect Stock Market - Factors that affect Particular stock prices. The First part of this series of analysis is been published here: Stock prices depend mainly on following factor: 1) World Economic Environment 2) Political Situation of Country 3) Micro & Macro Economic situation (i.e. Inflation, Interest rate, IIP number
November 28, 2008 AT 6:13 PM
As we predicted in morning that market would be positively biased today, market ended flat with a low positive trend. Market trend was seen near the reference line for the whole day. This was partly due to the Mumbai Terror strike stretching for the second day. Today volatility was seen which was mainly led by Reliance Industries and ONGC. The market breadth was weak throughout the session due to broader indices. About 1155 shares advanced while 1552 shares declined. Nearly 490 shares remained unchanged. At the end of the day: Sensex: 9092.72 ( +66.00 Points up) 9 092.72 Nifty: 2755.10 ( +2.85 Points up) All of our readers might have booked profit today as the trend was already predicted by EquityPandit.com in the morning. So guys, Stay connected and keep visiting to book profits… The first p
November 27, 2008 AT 9:12 AM
Market is closed today due to terror attack in Mumbai. As we predicted yesterday, market showed surprises for the whole day with positive and negative sharp cuts and buying in commodity stocks was seen yesterday. Sensex managed to take the support of 8700 level and closed positive for the day. The next trading day, Indian Stock Market would likely to be volatile with positive bias. BSE Sensex: (9026): The support for the Sensex is 8700-8450 and the resistance to the up move is at 9450-9630-10324. NSE Nifty: (2752) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113. For any comments, queries and thoughts kindly post your comment below…..
November 25, 2008 AT 5:53 PM
As we predicted in the morning, the market started with positive trends and remained positive throughout the day. In the end of the trading session the market weakened and closed in the negative side due to weak European cues as well as negative US markets futures. Reliance Industries, SBI, Bharti Airtel, L&T, Reliance Communication, Infosys, HDFC, TCS, BHEL, ITC and Tata Steel were contributors to this fall. Market may see relatively positive till this Thursday but the bear didn’t end. As we predict market would see 6500-7000 in near future, so we don’t recommend investors to buy stocks now. Wait, Wait and only Wait…… For any queries, comments and thoughts kindly post a comment below…
November 21, 2008 AT 4:18 PM
As we predicted in the morning before the market started that in today’s session Indian stock market would close in positive as shorts may be trapped and the same happened in today’s market session. Indian Stock market ended today with 5.5% positive mark due to effect of short covering. Huge buying was seen in power, oil & gas, capital goods, banking, telecom and technology stocks. At the end of the day: Sensex: 8915.21 (+464.20 Points up) Nifty: 2693.45 (+140.30 Points up) Among the frontrunners, Reliance Infrastructure, Reliance Communication, Sterlite Industries, NTPC, Maruti Suzuki, HDFC, SBI and NALCO were up 8-14%. However, DLF, Unitech, ACC, Tata Communication and Tata Power remained under pressure. So guys today also you all might have booked good profits as everybody was assuming today’s s
November 18, 2008 AT 8:57 PM
As we assumed in the morning market see downtime. Market breached the support level of 9267 for sensex. As we told earlier, Market may see some levels of 6500-7000 levels in near future after breaching the support level of 8320 for sensex. It’s not a good time to buy for investors, still we would say to wait and only wait. Today market ended with: Sensex: 8937.20 (-353.81 Points down) Nifty : 2683.15 (-116.40 Points down ) We guys might have made good profits today as we assumed this situation beforehand in morning. So guys we would always be there with you in this bear market. So stay connected and keep visiting....
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