Advice for – Friday, August 14, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 14, 2009 at 8:58 am
Yesterday: Exactly as predicted by EquityPandit.com, Indian Stock Market opened with the gap up. We already said yesterday that if market managed breach the resistance of 15250 than market would move up sharply and same happened. Market forgot all the monsoon worries and closed above 15500 for sensex.   Today: Indian Stock Market would open gap up. Market has already breached its second resistance of 15500 and managed to close ...

NHPC IPO subscribed 23.7 times

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 13, 2009 at 10:37 pm
The initial public offer (IPO) of the state-run hydropower company, NHPC, was subscribed 23.72 times. The public issue of NHPC was closed on Wednesday. NHPC public issue received bids for 3,979 crore shares against the 168 crore shares on offer. The QIB portion was subscribed 29.1 times, HNIs 56.56 times and the retail 3.1 times. The issue was offered in the Rs 30-36 price band. Merchant bankers said the majority of the bids came in at the upper end of the price band.  

FII and DII Activity on Thursday, Aug 13, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 10:19 pm
FII and DII activity that was seen on Thursday, Aug 13, 2009 is shown below. The report shows that FII were net buyer of Rs 630.94 crore where as DII saw buyers of Rs 182.85 crore.    ...

Advice for – Thursday, August 13, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:57 am
Yesterday: Exactly as predicted by EquityPandit.com, Indian Stock Market opened with some downtrend and cracked sharply. But again saw some positive curves in the second half as we said that market would be range bound. IIP numbers of June declared yesterday were also a big surprise.   Today: Indian Stock Market may see some upwards movement today due to positive global cues. Today is ...

IIP numbers for June declared to 7.8% vs 2.7% last month

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 12, 2009 at 11:58 pm
Index of Industrial Production (IIP) for June came in at 7.8% as against 5.4% in year on year and 2.7% last month. Details of various sectors are as followed: Manufacturing growth at 7.3% versus 6.1% (YoY) Mining growth at 15.4% versus 0.1% (YoY) Capital Goods growth at 11.8% versus 7.8% (YoY) Electricity growth at 8% versus 2.6% (YoY) Consumer Durable goods growth at 15.5% versus 4.6% (YoY) Consumer Non-durable goods ...

FII and DII Activity on Wednesday, Aug 12, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 11:47 pm
FII and DII activity that was seen on Wednesday, Aug 12, 2009 is shown below. The report shows that FII were net sellers of Rs 504.99 crore where as DII saw buyers of Rs 190.58 crore.    ...

Advice for – Wednesday, August 12, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:44 am
Yesterday: Indian Stock Market exactly reacted as we predicted. It opened down and went up to somewhere around 180 points but as we said market is weak and this uptrend is not accepted, market sharply fell in the negative zone in second half trading session.   Today: Indian Stock Market will open negative ...

Instanex FII Index on Tuesday, August 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 11, 2009 at 9:22 pm
INSTANEX: At close, the Instanex FII Index was up 0.22% at 318.62 (+0.01% at 3 pm) and the Instanex DII 15 portfolio was up 0.63% (+0.42% at 3 pm). Nifty was up 0.76% (+0.49% at 3 pm) and Sensex was up 0.43% (+0.14% at 3 pm). The other Instanex Owner Indexes were also up – the Instanex Retail 15 portfolio was up 0.21% (+0.03% at 3 pm), the Instanex Top 15 portfolio was up 0.15% (+0.05% at 3 pm) and the Instanex Promoter 15 portfolio was up 0.05% (-0.03% at 3 pm). Asian markets were up as well – Straits Times was up 1.88%, Hang Seng was ...

FII and DII Activity on Tuesday, Aug 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:15 pm
FII and DII activity that was seen on Tuesday, Aug 11, 2009 is shown below. The report shows that FII were net sellers of Rs 177.47 crore where as DII saw buyers of Rs 628.87 crore.    ...

Advice for – Tuesday, August 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:04 am
Yesterday: Indian Stock Market opened up due to good global cues but as we predicted market cracked down.    Today: Indian Stock Market may see some upwards movement today. But overall market is weak, so we would suggest booking profits for your portfolio, sitting aside and waiting for the correction or next technical breakout.  ...

FII and DII Activity on Monday, August 10, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 10, 2009 at 8:28 pm
FII and DII activity that was seen on Monday, August 10, 2009 is shown below. The report shows that FII were net sellers of Rs 639.92 crore where as DII saw buyers of Rs 86.14 crore.    ...

Advice for – Monday, August 10, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:37 am
Last Trading Session: Indian Stock Market closed negative due to worse global cues as well as lack of monsoon.   Today: Indian Stock Market is expected to open positive somewhere around 50-60 points on Nifty as global cues are better but most important level to watch out for is 4420. Indian stock market doesn’t show good signs. Overall market is weak due to lack of monsoon. Market may open up ...

FII and DII Activity on Friday, Aug 7, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 7, 2009 at 7:06 pm
FII and DII activity that was seen on Friday, Aug 7, 2009 is shown below. The report shows that FII were net sellers of Rs1050.81crore where as DII saw buyers of Rs 414.43 crore.    ...

NHPC IPO overbid 3.5 times on day 1

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 6:59 pm
NHPC IPO got good response as it subscribe 3.5 times on first day itself. EP advice to subscribe this IPO n retail investor should invest as much as they can as this IPO would give a premium of at least 7-10 rs on the listing day.  ...

Advice for – Friday, August 07, 2009

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 8:21 am
Yesterday: Indian Stock Market opened negative n recover sharply again led by reliance but as we said we witnessed some weakness in the market, it corrected sharply mainly due to basket selling.   Today: Indian Stock Market is expected to open with wide negative led by weak global cues. Market is now in the clear down trend that for sure n ...