Third quarterly results of following companies are going to be disclosed today on Thursday, January 15, 2009. The list includes many big companies which would surely direct Indian stock market today according to their quarterly results....
The Indian stock market unfolded as expected and we saw the 9000 mark holding. It was the short covering that drove the market up…looks like we might see some more upside in the days to come but that may be short lived. It will be opportunity to book profits. So book profits and Long term and midterm investors should wait for some time. Intraday can be done but cautiously.
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Indian Stock market may go up today, book profits if you can else stay away and just wait and watch for some time. Market seems to be technically down but still market may see uptrend which would be used to book profits. No long term delivery should be done at this level.
BSE Sensex: (9071) The support for the Sensex is 8950 and the resistance to the up move is at 9600....
Excellent result by infy pulled market up in the early trade.
Infy has announced its third quarter numbers of FY09. Its consolidated net profit went up by 14.6% at Rs 1,641 crore.
The company's consolidated net sales rose by 6.8% to Rs 5,786 crore.
Estimated Data: 5,713.4 crore and net profit of Rs 1,532 crore.
Indian Stock market will further go down so stay away and just wait and watch for some time.
BSE Sensex: (9110) The support for the Sensex is 8950 and the resistance to the up move is at 9600.
NSE Nifty: (2773) the support for the Nifty is at 2685-2400and the resistance to the up move ...
Today: The Indian Stock market still looks down. Market may start with some down trend.
BSE Sensex: (9406) The support for the Sensex is 9080 and the resistance to the up move is at 9700.
NSE Nifty: (2873) The support for the Nifty is at 2790 and the resistance to the ...
Indian stock market was down due to satyam scandal and now there may be more downside trend seen.
Buy only if market crosses 9800 unless just wait and watch.
BSE Sensex: (9587) The support for the Sensex is 9080 and the resistance to the up move is at 10040...
Yesterday:( Wednesday, January 07,2009) In morning Satyam share was quoting around 181 up by 5% but when news of Raju's resignation start flowing it tumbled by almost 85% than recovered and closed @40.25 down by 77%. A lot of selling as well as buying was seen in Satyam's shares. FII also booked profit for the day. Lot of FII transaction was also seen for the day.
Here we got some interesting data during the day....
Today (Thursday, January 08, 2009), market would remain close on the Holy day of Moharram.
You can learn more about stock market by downloading free financial books and Magzines
Satyam Computer Services Ltd’S Mr. B Ramalinga Raju has tendered his resignation as chairman of the company. Reacting to this news, Satyam's share went down by 62% to Rs. 65 each.
Rest all you can read in the attachment below (attachments contains the resignation letter of Mr. Raju to the company and SEBI)
Satyam Chairman Mr.Ramalinga Raju's Resignation letter
Our first target of 10330 mark for sensex has already achieved. Indian stock market will now move in unpredictable manner and thus one should book profit (sell their stocks) at every rise as this move is sustained by government stimulus package.
BSE Sensex: (10336)The support for the Sensex is 10100 and the resistance to the up move is at 10700
NSE Nifty: (3113) the support for the Nifty is at 3100 and the resistance to the up ...
BSE Sensex: (10276) our first target of 10300 is within reach and after that 10700.
The support for the Sensex is 10150 and the resistance to the up move is at 10350-10700.
NSE Nifty: (3121) the support for the Nifty is at 3080 and the resistance to the up move is ...
BSE Sensex: The support for the Sensex is 9890 and the resistance to the up move is at 10120-10324.
NSE Nifty: (3046) the support for the Nifty is at 2920 and the resistance to the up move is at 3080-3110.
Market has got a stimulus package from govt and its effect may be short lived as it ...
The epicenter for the global meltdown is the US, but the tremors were felt hardest in emerging market called as BRIC (Brazil, Russia, India and China) countries, during year 2008.
Only indices of Russia and China were worse than India sensex which lost 52% since 1 January 2008. This was the biggest fall for the Sensex in its existence of 22 years.
The indices lost percent are given a...
Market showed a good uptrend on the occasion of New Year, and we can easily say this as “Happy New Year”. Inflation can down to 6.38% from 6.61%, again we can say this as “Happy New Year”.
Now the real problem lies in psychological mark of 10000 for Sensex and 3076 for Nifty. Market should be able to breach these levels to move up.
BSE Sensex: (9903) The support for the Sensex is ...
Bettertrades founder Freddie Rick provides tips and strategies to help excel in the stock market.
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