Thursday, March 25, 2010

SUMMARY OF TODAY’S TRADING (25/03/2010)

SUMMARY OF TODAY’S TRADING

(25/03/2010)

This day has registered its maximum volatility due to F&O expiry and ended up quite decently by 107 points despite a bad Global Cues. This has given a huge expectation for the market analysts to gauge the future course of action of the Market.

Now NIFTY is looking very much positive and it is almost about to break its sideways movement to head higher and to register its maximum by this month end. So, every dip is going to be an opportunity to invest for short term and long term gains. own time and mainly because of the Global Cues. If we get the support from US and European Markets tomorrow it may reach a remarkable high perhaps to go to the next level of trading

Sensex closed at 17558, up by 107 points and Nifty at 5260, up by 35 points from its previous close. CNX MIDCAP was up by 0.11% and BSE SMALLCAP INDEX was down by 0.21%. The market breadth was almost negative with advances at 554 against declines of 713 on the NSE.

Today’s top NIFTY gainers are HEROHONDA MOTORS, HINDALCO and RELIANCE POWER and losers are ACC LTD, Tata Motors and NTPC.

Today’s top SENSEX gainers are GUJ. NRE COKE LTD, RELIANCE POWER and HEROHONDA MOTORS LTD and losers are NMDC Ltd., Sterling Biotech Ltd and Syndicate Bank.

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