Professional Documents
Culture Documents
22 Jan 2011
COMMODITY MARKET
Refined Soya Oil
o o o o Symbol (NCDEX)- SYOREFIDR Last Traded Price:Rs.665.75 Weekly Change:+33.10 Season: Not a particular
Rapeseed-Mustard seed
o o o o Symbol(NCDEX)-RMSEEDJPR Last traded price:Rs.554 Weekly Change:+5.25 Season: Growing season
Silver
o o o Symbol(MCX)-SILVERM Last Traded price:Rs.42744 Weekly Change: -1506
22 Jan 2011
Gold
o o o Symbol(MCX)-GOLDM Last Traded Price: Rs.20085 Weekly Change:-186
Crude
o o o Symbol(MCX)-CRUDE Last Traded Price: Rs.4099 Weekly Change: -64
22 Jan 2011
EQUITY MARKET
NIFTY Outlook:
o o o o Closing:5696.50 Weekly Change: +41.95 points FII: Net seller- Rs.1682.75 Crores DII: Net buyers-Rs.1301.61 Crores
NIFTY was trading range bound this week between 5624-5747. Mixed sentiment were prevailing in the market this week which was the reason for range bound trading. Many analysts foresees market to touch 5500 once while Good results of some companies such as TCS, Axisbank, PNB etc led to positive moments and sentiments. RIL results were out on Friday eve with slightly above the market estimates. It seems market is waiting for changes in monetary policy by RBI on 25th Jan. It is expected that market has discounted the change of 25bps but if the change is more than market may see the levels of 5550-5600 before this expiry. Next Week Techical of Nifty R-5815 R-5884 S-5625 S-5520
News Updates:
Sesa Goa Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 24, 2011, for taking on record Unaudited Financial Results for the Quarter ended December 31, 2010 (Q3). CNBC TV-18s Expectation of the result: MavjiHari Financial Services Revenues are seen up at Rs 2379 crore versus Rs 918.34 crore.
EBIDTA is seen at Rs 1307.98 crore versus Rs 303.4 crore.
22 Jan 2011
News Updates:
Jindal Steel & Power Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 24, 2011, inter alia, to consider and approve, standalone and consolidated un-audited financial results (provisional) for the quarter / nine months ended on December 31, 2010 (Q3).
Disclaimer: The ideas expressed are purely the things that we do or would do with our investment and trading, anyone who follows what we do will be
doing it at their risk and knowingly. Source of News and information: Moneycontrol.com, nseindia.com, bseindia.com, ncdex.com, mcxindia.com