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Sensex up by 838 points

Sensex up by 838 points or almost 5.45 percent , this is what will happen if the investor is happy and the global market is also happy , the market returned back gift for the uncertainity drama that was goign in the UPA govenment and also the oil price which is at 125 $ per barrel which was at a high of 147 dollar 2 weeks back.Almost 5 scrip in the sesex stock has gone up by more than 10 percent .
Sensex stock up by more than 10 percent
Reliance Communication (up 12.33% at Rs 525.85),
Housing Development Finance Corporation (up 12.03% at Rs 2404),
State Bank of India (up 10.75% at Rs 1548),
Bharat Heavy Elelctricals (up 10.68% at Rs 1768.10), and
Reliance Infrastructure (up 9.87% at Rs 1010)
Market finally closed by
SENSEX 14,942.28 +838.08 +5.94
MIDCAP 5,615.94 +269.91 +5.05
SMLCAP 6,812.64 +276.22 +4.23
BSE-500 5,692.25 +320.14 +5.96


Nuclear Deal Beneficiary Companies spurted Today

  • Author: admin
  • Filed under: india
  • Date: Jul 23,2008

After UPA Government won the Trust vote in lok sabha yesterday , the forstthing that would come to any investor mind is the Indo-US nuclear deal and those company that are going to benefit from the Deal are the one that went up today . These are the following company that would benefot fropm the deal.

Indo- Us Nuclear Deal Benefiting Company.

Gammon India (up 11.9% to Rs 235.50),
Reliance Infraqstructure (up 8.67% to Rs 999),
Bharat Heavy Electricals (up 8.23% to Rs 1,729),
Hindustan Construction Company (up 8.61% to Rs 97.75),
Alstom Projects India (up 7.7% to Rs 454.05),
Crompton Greaves (up 6.25% to Rs 248.05),
Tata Power Company (up 5.53% to Rs 1,170),
Rolta India (up 5.01% to Rs 291.50),
Walchandnagar Industries (up 5% to Rs 275.30),
Areva T&D India (up 4.75% to Rs 1694),
Larsen & Toubro (up 4.13% to Rs 2,679),
National Thermal Power Corporation (up 4% to Rs 192.40),
ABB (up 4.66% to Rs 928)


Everyone was just looking for the magic number 272 but no it was 275 infact it way above expectation not sure if prominent BJP leaders itself might have voted for UPA .The government needed only 271 but finally it got 4 more with 275 supporting and 256 only opposing it .After winning the vote Manmohan singh dint even give speech as the lok sabha was too noisy with all party alleging congress of all kind of bribes and money for vote thing had bought them this much seat . man_mohan_victory


Anyway what is next have to see how the global market and based on that invest in company that will benefit from the nuclear deal for which UPA would take all action and US which is also ready to whatever it can to go ahead with the nuclear deal.


Market Crashes to 52 week low and below 13000

  • Author: admin
  • Filed under: india
  • Date: Jul 15,2008

Market is trading at 52 week low and below 13000 points ,these are the sensex statnding as of 2.40 pm , All the sector was in red , Asian , European market is also trading low , Bank stocks are heavily hit in this market , and Ranbaxy is also heavily hit in this market for the second day straight.

SENSEX

12,763.59

-566.92

-4.25

MIDCAP

5,180.89

-149.91

-2.81

SMLCAP

6,467.80

-172.26

-2.59

BSE-500

4,986.66

-200.10

-3.86

Why the Market Rose today

  • Author: admin
  • Filed under: india
  • Date: Jul 4,2008

Think i had a post like 3 days back why a sudden come back for the market , the reason dint change much from that day its just the info what i provided that day has become more clear today and they are thinking that the nuclear deal will also go through soon as the congress government might get support from other party if left withdraws support.The sensex rose 359.89 points today to close the week 13,454.
http://www.rupya.com/archives/2008/07/02/what-happened-to-the-market-today-why-this-big-come-back/


The market  had a very solid comeback after noon with Sensex having its biggest intra-day gain in 3 months. Sensex gained 702 points. The market was like both negative and postive territory when it opened today morning , suddenly the news spread to the whole brouses that congress might have chance to stay in power even after going ahead with the nuclear deal ,This is like good for the congress and also for the heavy machinery company which will benefit from the nuclear deal , and now coming back to how the government will be in power -

Congress-led United Progressive Alliance (UPA) government may be supported by samjwadi party (SP) when the Left is threatening to withdraw support for the government if they sign the nuclear deal , The left will take out like 60 seats and the SP will gove like 39 seats and they need only 44 to go ahead with the deal , so for the remaining 65 seats they cant get support from smaller parties.

The decision on this will be made tomorrow so tomorrow will be more intresting and we can see some movement in Larsen toubro,bhel, abb and more company stocks.


Sensex Lost 499 points to close below 13000

  • Author: admin
  • Filed under: india
  • Date: Jul 1,2008

Sensex Lost 499 points to close below 13000 , This morning it started on the postive note then it just took the turn and repeated what was almost happening for a week now , Global owrries, inflation,oil price , political worries all helped the market to close below 13000 , realty was the most hit down by almost 7 percent or so .you can see the performance of the stock below here.

Scrip Code Scrip Name Last Traded (Rs.) Absolute Change (Rs.) Change (%)
532799 AKRUTI CITY 666.70 -15.70 -2.30
515055 ANANT RAJ IN 125.05 -11.90 -8.69
500013 ANSAL INFRAS 61.75 -7.40 -10.70
532868 DLF LTD 368.40 -27.80 -7.02
532873 HOUSING DEV 337.95 -49.15 -12.70
532832 INDBUL REAL 250.45 -20.75 -7.65
532313 MAHINDRALIFE 405.15 -21.10 -4.95
532880 OMAXE LTD 120.00 -11.50 -8.75
532780 PARSVNATH 115.05 -6.75 -5.54
503031 PENLAND LTD 49.30 -1.70 -3.33
503100 PHOENIX MILL 136.00 -19.25 -12.40
532891 PURAVANKARA 166.00 -9.65 -5.49
532784 SOBHA DEV 263.15 -16.25 -5.82
507878 UNITECH LTD 159.60 -11.05 -6.48

Sensex down by more than 500 points

Global market worry carried into indian market also and sensex is alsmost down by 500 points and im thinking there is more to come when the inflation data comes in if it below expectation we can see some good postive run and if its around 13 or so then we can see the market just staying in the same ground and there will be no improvement.


Sensex Dips by 4 Percent - more to come

  • Author: admin
  • Filed under: india
  • Date: Jun 22,2008

Sensex dint stop melting , this week also it went down by 4 percent , due to inflation worries and Political instability , I’m thinking there is more in the offing thats going to come this week , we can see another 4 percent drop may be this week .The Sensex was hovering between 15,789.62 points and 14,519.27 points before ending the week at 14,571.29 points  a fall of 618.33 points (4.07%).


Griffin Chemicals got relisted at 22 rs

  • Author: admin
  • Filed under: india
  • Date: Jun 11,2008

Griffin chemicals share holders hit a lottery today , those who had holded the stock at like 1.25 rs on Aug 2002 would have sold the stock for a hiogh of even 50 rs today , it went to that price and finally eased out to 24 rs .The stock opened at Rs 23, up 1740% against its last traded price of Rs 1.25 on 8 August 2002.
So People who would have onvested 1.25 lacs on 1 lac share of Griffin chemicals would have got 24 lacs on the end of day today , investment of 1.25 lacs has yielded 24 lacs in just 6 years not sure any Deposit can give this .


KGN Industries opened at 100 Rs and closed at 55000 Rs

  • Author: admin
  • Filed under: india
  • Date: May 21,2008

KGN Industries beleive it or not this stock opened at 100 rs went to a low of 72 rs and closed at 55000 rs , this stock last traded at 11 rs on Feb 2001 was benned for some reason and it started trading today without any ciruit fiter only mere 847 stock are so was traded but it opened at 100 and went to a low 72 or so and then touched a high of 55000 rs.
Track this Stock here.


Sensex Updates for week ending May 16 2008 - Sensex up by 4 percent

  • Author: admin
  • Filed under: india
  • Date: May 18,2008

for the week ending may 16th 2008 the

>Sensex is up 4%
>Nifty is up 3.5%
>CNX Midcap Index is up 2.5%,
>BSE Small Cap Index is up 1.2%
>BSE Metal Index was up 9.5% while
>BSE IT, Bank Index ends up 5%
>BSE Capital Goods Index ends up 4.2%
>BSE Healthcare Index ends up 4%.

Major stock gainers
Hindalco, up 19%, Suzlon, up 13%, SAIL, Reliance Communication, up 12%, PNB, up 13%, Ranbaxy, up 8.3%, Nalco, up 19%, Tata Steel, up 5.6% and TCS, up 6.7%. Nifty losers were ONGC, down 8%, BPCL, down 4.2%, ACC, down 4.8%, Bajaj Holdings, down 4.6%.
Midcap gainers
Chambal Fertilizers, up 21.7%, JSW Steel, up 25%, Mercator Lines, up 16%, Lanco Infratech, up 15%, NIIT Tech, up 10%, Orchid Chemicals, up 10% and BILT, up 8.5%.


Rupee Trading at 42.73 rs per dollar

Rupee has come off the highs and is trading at 42.73/$. It touched the high of 42.79/$. Rupee has slipped 1.98% in the last 5 days from 12 May 2008.This is way too high it was like trading at 40 or so a month back , so the IT industry doesn’t have anything to worry about they can sjow a increase in profit this time also .


Sensex this week - Sensex Closed the Week Down by 5 Percent

  • Author: admin
  • Filed under: india
  • Date: May 10,2008

Sensex ends down 5% while Nifty ends down 4.8%. CNX Midcap Index ends down 4.6% while BSE Small Cap ends down 3.8%. Nifty losers were REL, down 12%, BHEL, down 10%, L&T, SAIL down 9% each.
>BSE Realty Index was down 9.6%, in which, DLF was down 13%, Unitech, GMR Infra were down 10%.
>BSE Bank Index was down 7%, in which SBI was down 8%, ICICI Bank was down 7%, HDFC Bank was down 6%.
>BSE Oil & Gas Index was down 5.6%, in which SAIL was down 9%, HPCL was down 8% and BPCL was down 7.6%.
 


Sensex up by 413.96 points on Asian market support

  • Author: admin
  • Filed under: india
  • Date: Apr 7,2008

BSE surged 413.96 points or 2.7% at 15,757.08. At the day’s high of 15,851.88, the Sensex rose 508.76 points in mid-afternoon trade. At the day’s low of 15,321.56 Sensex lost 21.56 points in early trade.The market got help from IT, banking, metal and FMCG stocks.


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