India’s inflation declined to -1.61 %. Inflation turned negative 1.61 for the first time in 30 years but the prices of food items like fruit and vegetables, cereals and oil were still higher than last year.
With the wholesale price index shrinking to 232.7 points for the week ended June 6 from 236.5 in the same week a year ago, India possibly is the only major economy moving into a deflationary zone though the European region is near zero level due to recessionary pressures.
The stock ...
FII and DII activity that was seen on Thursday, June 18, 2009 is shown below. The report shows that FII were net seller of Rs 584.87 crore where as DII saw buying worth Rs 538.89 crore.
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Yesterday: Indian market underperformed global market and went down almost 450 points. We have observed so many short positions on intraday basis so most of the traders are short on the nifty side.
Today: Indian Stock Market is expected to open flat with possible positive move even though global markets are in red but again shorting will come in picture and next support may be target for the market i.e. ...
INSTANEX: At close, the Instanex FII Index was down 2.33% at 309.10 (-1.49% at 3 pm) while the Instanex DII 15 portfolio was down 2.88% (-1.99% at 3 pm) indicating that domestic institutional investors have sold more aggressively. Nifty was down 3.58% (-2.76% at 3 pm) and Sensex was down 2.91% (-2.06% at 3 pm). The other Instanex Ownership Indices were also down – the Instanex Promoter 15 portfolio was down 4.16% (-3.52% at 3 pm), the Instanex Top 15 portfolio was down 3.55% (-2.96% at 3 pm) and the Instanex ...
FII and DII activity that was seen on Wednesday, June 17, 2009 is shown below. The report shows that FII were net selling of Rs 363.99 crore where as DII saw buying of Rs 569.1 crore.
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Yesterday: As we predicted, Indian Stock Market opened in a negative zone and recovered from our support level of 14600.
Today: Indian Stock Market is expected to flat with both side movements we firmly beleive that one should stay away from the market till market break its major resistance of 15250. Still market looks very volatile and traders should be very cautious. ...
Many block deals have taken place recently. Shares have been changing hands in bulk. It is very important for all traders and investors to watch out for companies where the stake being sold is sizeable, especially when company’s financial position is going through troubled times. Since no one has a better idea of the developments that are taking place within a company than the top management itself, a large quantum of offloading could indeed be signs of coming trouble.
List of promoters selling stakes
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The data on day two of Q1 advance tax numbers is declared and is quite similar to what we saw yesterday. Big company Reliance disappointed, while oil marketing companies (OMCs) and banking sector reported strong numbers.
Oil Marketing Companies:
Today's numbers seem relatively on the same page as the numbers which came out yesterday. All this is source-based data ...
FII and DII activity that was seen on Tuesday, June 16, 2009 is shown below. The report shows that FII were net seller of Rs 728.51 crore where as DII saw buying of Rs 145.12 crore.
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Last Trading Session: As we said, Indian Stock Market opened in a negative zone and recovered sharply but at 11:00 AM, Market went sharply down and closed down by 400 points due to reliance Industries losing the RIL-RNRL case.
Today: Indian Stock Market is expected to open in a wide negative zone mainly due to global cues and reliance but ...
FII and DII activity that was seen on Monday, June 15, 2009 is shown below. Huge selling was seen both by FII and DII because of RIL-RNRL issue. To read more about RIL-RNRL issue visit Effect of HC decision on RIL-RNRL
The report shows that FII were net seller of Rs 411.54 crore where as DII saw selling of Rs 586.63 crore....
Due to rise in international crude oil prices, the Government is looking at solutions to tackle the widening revenue deficit and one of the options on the table could be raising petrol and diesel prices. To reduce such things goverment will change it's policy on oil deregulation.
"We are seriously concerned about the rise in crude oil prices ... we have to look for solutions," Petroleum Minister Murli Deora told after ...
The Bombay High Court has given decision is in favour of RNRL which will now get nearly 28 mmscmd of gas for 17 years at a price as determined in the original Memorandum of Understanding (MoU) signed during the Reliance de-merger. The MoU very clearly stated that the price which will be given to NTPC will be the same price at which RNRL will be getting gas. At present the price would ...
Last Trading Session: On Friday, market closed in a negative zone even though good IIP no’s so we can say market is all set to be traded in profit booking zone.
Today: Indian Stock Market is expected to open in negative zone with sideways movements so always tough for the traders to take a call as we may see both side movements. So traders should be very cautious....
Fundamental of Stock Market: Tutorial-2
How Stocks Trade & how price movement take place
Most stocks are traded on exchanges, which are places where buyers and sellers meet and decide on a price. ...
