FII and DII Activity on Tuesday, March 24, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on March 24, 2009 at 7:07 pm
FII and DII activity that was seen on Tuesday, March 24, 2009 is shown below. The report shows that FII were net buyer of Rs. 501.76 crore where as DII were seller of 192.99 crore.    ...

South Africa to host IPL

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 7:00 pm
IPL will be held in South Africa instead of England, today Lalit Modi announced. After Indian government decision, South Africa took this series from England mainly because of the fact that rain is inevitable in England during April and May and that South Africa's weather is at its most predictable during that time. There are two even more important factors which Modi must consider: cost and logistical "ease". The price of television and transport, not to mention accommodation and security, are less than half what they would be for the tournament to be held in England. Also Govt. of South Africa is ready to ...

UN won’t deal with Satyam

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 3:49 pm
A United Nations spokesperson on Monday said none of the UN bodies globally will outsource any information technology work to India’s Satyam Computer Services. It was shocking news for the Satyam as after World Bank UN is second international agency that denies any dealing with Satyam.   The share of Satyam closed down by 2% quoting around 41.50.  ...

India’s Economy to revive in big way in 6-7 months - PM

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:43 pm
Prime Minister Manmohan Singh said on Tuesday that India's economy will revive in a big way in six to seven months as stimulus packages start to take effect. "I am confident because of the stimulus that our government has announced, we will see in 6 to 7 months revival of the economy in a very big way," Singh said after the release of his party's election manifesto. He also said inflation rate has declined because of a fall in energy and food prices.  ...

Advice for – Tuesday, March 24, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:37 am
Yesterday: Indian Stock Market shoot up and broke all it’s resistance level on the back of Obama plan for toxic assets and closed in a positive zone.   Today: Indian Stock Market still looks up but we believe that due to profit booking market may see down movement after positive opening. If market wants to keep its journey with a positive note a lot will depend on European market. It is suggested ...

Instanex FII Index on Monday, March 23, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on March 23, 2009 at 8:10 pm
INSTANEX: At close, the Instanex FII Index was up 5.21%, The Instanex Retail 15 portfolio was next, up 5.15%, followed by Sensex (+5.10%), Instanex DII 15 portfolio (+ 4.81%) and Nifty (+4.73%). The Instanex Top 15 portfolio is up just 4.64%, reconfirming that limited money has been invested in the rally and the Instanex Promoter 15 portfolio, up 4.48%, brought up the rear, signaling that this is not a promoter fuelled rally. All the 15 companies in the Instanex FII Index were up. The main gainers were HDFC (+8.44%; weight 12.80%), Reliance Ind (+7.56%; weight 17.59%), ICICI Bank (+7.36%; weight 7.06%), SBI (+7.33%; ...

FII and DII Activity on Monday, March 23, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:01 pm
FII and DII activity that was seen on Monday, March 23, 2009 is shown below. The report shows that FII were net buyer of Rs. 376.23 crore and DII also saw enough buying of 376.51 crore.    ...

Nano, the dream of Tata on Indian roads in July

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 5:10 pm
It is the day for the world's cheapest car — Tara Nano. Tata Motors today formally launched the Rs 1 lakh wonder in Mumbai. Tata Motors on Monday said deliveries of its small car Nano will start in July. The first set of bookings, for some 100,000 cars, will be accepted from April 9 to 25.The initial price of Rs 100,000 ($2,000) at the factory gate. We will initially allocate 100,000 cars through a system of lottery. This will be price-protected, group chairman Ratan Tata told today.We will lead in a new form of transport, he said. “It's not just a cheap car but ...

Global Markets Up on US Govt. toxic assets plan

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 2:27 pm
Global Markets are up due to the US govt. new plan for toxic assets in financial system which may stabilize the banking system.   The United States on Monday offered financing for private investors to help cleanse banks of up to $1 trillion in toxic assets that are blocking lending and worsening a deep U.S. recession.  ...

Advice for – Monday, March 23, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:42 am
Last Week: All the Major Markets were up and BSE was up by around 2.4% for last week. For more details, check Review of Last Week .   Today: Indian Stock Market will show side ways movements and as this is a last week of F&O, traders must be careful as they can be trapped by side ways movement. Market is more ...

SEBI released discussion paper to extend market hours

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on March 22, 2009 at 6:48 pm
  India's securities market regulator SEBI has released a discussion paper to extend the trading hours on the country's financial exchanges to better align them with international markets. "It is important to align Indian markets, as far as possible, with those of the international markets to facilitate the assimilation of any economic information that may flow in from other global markets," Securities and Exchange Board of India (SEBI) said in a discussion paper. Presently, the exchange-traded equity ...

Review of Last Week ended Friday, March 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on March 21, 2009 at 8:40 pm
The Last trading week was a very cheerful week for all the major Markets.   India: Direction less trading was observed during most of the trading sessions. On a week-on-week basis, the BSE Sensex gained 210 points or 2.4% to close at 8966.68, whereas, ...

Case Study: How Bull trapped the Bear in Akruti

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 1:46 pm
Current Market Price (CMP): 1610.80 Six month ago Price: 550 (52 week low) Few days back Price: 2359.05 (52 week high). Total gain: ...

Instanex FII Index on Friday, March 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on March 20, 2009 at 9:19 pm
INSTANEX: At close, India’s Instanex FII Index was down only 0.29% and the broad-based Sensex was down 0.39% while Nifty was unchanged. Other Instanex Ownership Indices have also recovered – the Instanex Promoter 15 portfolio was down 0.06% and the Instanex Top 15 portfolio was down 0.21%. The best performer among the Instanex indices was the Instanex Retail 15 portfolio – up 0.02%, indicating strong speculator buying. However, DIIs were not buying aggressively and the Instanex DII 15 Portfolio slipped, down 0.50%.  ...

FII and DII Activity on Friday, March 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:06 pm
FII and DII activity that was seen on Friday, March 20, 2009 is shown below. The report shows that FII were net seller of Rs. 149.18 crore where as DII were seller of 94.03 crore.     FII trading activity ...