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Friday, August 27, 2010

Braveheart Strategy


Braveheart Strategy

Post Market Review - Aug 27 2010


It was a disappointing end to the week as markets collapsed in the latter half of the trading session to close deep in the red. Sensex lost 228 points to close at 17998 while Nifty finished at 5408, down 69 points. BSE Mid-cap and Small-cap indices lost 1% and 1.3% respectively. On weekly basis, Sensex and Nifty broke the 3-week winning streak by losing 2.2% each this week. BSE Realty index plunged 8.5% over the week, becoming the top loser among the sectoral indices, followed by Metal index, down 3.3%. Consumer Durable index was the sole gainer, up 1.4%. European markets, after initial dip, recovered sharply and were trading modestly higher. US stock indices futures were up about a third of a percent ahead of 2nd quarter GDP data.

Nifty September 2010 futures at discount


Turnover slumps

Nifty September 2010 futures were at 5404, at a discount of 4.70 points over spot closing of 5408.70.

Sensex below 18K on late selloff


Today's major news

IT stocks decline as government hikes MAT

Havells India lightens on bonus issue; the stock closes 3.48% higher

Parenteral Drugs spurts on bonus buzz; the stock ends 8.40% higher

BSE Bulk Deals to Watch - Aug 27 2010


al Date Scrip Code Company Client Name Deal Type * Quantity Price **
27/8/2010 526955 ABL Biotech R RAGHAVAN B 70000 19.76
27/8/2010 526955 ABL Biotech SILVER GOLDEN PROPERTY DEVELOP FIN INVESTMENT LIMITED S 131000 20.00

NSE Bulk Deals to Watch - Aug 27 2010


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
27-AUG-2010,AJANTPHARM,Ajanta Pharma Ltd,CNB FINWIZ PRIVATE LIMITED,BUY,106073,243.54,-
27-AUG-2010,AJANTPHARM,Ajanta Pharma Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,85757,246.41,-

Global risk appetite holds key


Global risk appetite holds key for Indian stocks which have corrected after hitting fresh 2-1/2-year highs recently. Abundant global liquidity has ensured that inflows into Indian stocks rise whenever investors globally are in risk taking mode. Capital inflows help India fund its current account deficit.

Sensex snaps three-week rise on weak global stocks


The key benchmark indices edged lower in the week ended Friday, 27 August 2010, halting a three-week rising trend, on weak global cues. Markets across the globe were gripped under selling pressure on worries about the pace of the economic recovery in the US, the world's biggest economy. The Sensex declined in three out of the five trading days of the week. The BSE Sensex fell below the psychological 18,000 mark while the S&P CNX Nifty retraced from 31-month high. Shares of Prakash Steelage made a strong debut on Wednesday, 25 August 2010.

Banking, realty stocks lead decline


The key benchmark indices slumped on worries over the pace of the US economic recovery. US is the world's biggest economy. IT stocks fell after the Union Cabinet approved the new Direct Taxes Code bill wherein it proposed a hike in the rate of minimum alternate tax (MAT) on book profits to 20% from the prevailing 18%. Realty, metal and consumer durables stocks reversed initial gains. Banking stocks fell across the board. But, PSU OMCs rose. The market breadth was weak, in contrast with a strong breadth in mid-morning trade.

Market may edge lower on weak Asian stocks


The market may edge lower as most Asian stocks fell ahead of a key economic data in the US. Trading of the S&P CNX Nifty futures on the Singapore stock exchange indicated that the Nifty could fall 9.50 points at the opening bell.

Grey Market Premiums - Latest - Aug 27 2010


Gujarat Pipavav Port


42 to 48

Premium : 6 to 7

Trading Calls - Aug 27 2010


Trading Calls - Aug 27 2010

Morning Research - Aug 27 2010


Morning Research - Aug 27 2010

Just within a range!



Dig where the gold is…unless you just need some exercise.- John Capozzi.

SGX Nifty in the negative - Aug 27 2010


5,455.00 -17.50

Daily News Roundup - Aug 27 2010


Tata Motors is looking at raising up to US$1bn to fund its various expansion programmes. (FE)

L&T plans to launch a bank to gain access to cheap funds and scale up its presence in infrastructure financing. (ET)

Sensex ekes out slim gains...FMCG shares rally


The Indian market closed marginally higher on Thursday but not without some high drama towards the end of the session when key indices suddenly turned red only to rebound equally faster.

Stocks set to begin lower


Headlines for the day:

Direct tax code gets Cabinet nod

Tata Power may buy 50% stake in InterGen

Mumbai-based firm to form JV for gas logistics

Infrastructure - Roads


Infrastructure - Roads

Aventis Pharma


Aventis Pharma

LIC Housing Finance


LIC Housing Finance

Banking Sector - Aug 27 2010


Banking Sector - Aug 27 2010

IPCA Labs


IPCA Labs

Daily Market Outlook - Aug 27 2010


Daily Market Outlook - Aug 27 2010

Daily Technical Report - Aug 27 2010


Daily Technical Report - Aug 27 2010

Daily Derivative Strategy - Aug 27 2010


Daily Derivative Strategy - Aug 27 2010

SGX Nifty Live Update - Aug 27 2010


5,468.00 -4.50