Nov 24 2009 Morning Updates
Deadpresident
Market may remain volatile; Hindalco Industries eyed
The market may remain volatile over the next three days as traders roll over positions in the derivative segment from November 2009 series to December 2009 series ahead of the expiry of the near-month November 2009 contracts on Thursday, 26 November 2009. As regards global cues, Asian markets were trading mixed today after a strong rally in US stocks on Monday, 23 November 2009A weak dollar may ...
Crude registers modest rise
Prices pare some of their intra day gainsCrude prices ended higher at Nymex on Monday, 23 November, 2009. Prices rose today as the dollar fell following some comments from a couple of Fed Presidents regarding the continuation of the ongoing stimulus.On Monday, crude-oil futures for light sweet crude for December delivery closed at $77.56/barrel (higher by $0.11 or 0.1%). Earlier, during intra day ...
Precious metals incur more shine
The weak dollar helps prices go up substantiallyPrecious metal prices ended substantially higher on Monday, 23 November, 2009. Prices rose as the greenback registered a sharp drop.Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies and also vice versa.On Monday, gold for December ...
Indian Bank
We recommend a buy in Indian Bank stock from a short-term perspective. It is evident from the charts of the stock that it has been on an intermediate-term up trend from its March low of Rs 63. In mid-September, it conclusively broke out of a significant resistance level of Rs 150 and later on recorded a 52-week high at Rs 195 on October 20. However, following a minor pull-back the stock found ...
Asian stocks settle mostly up
Markets take a cue from falling greenback and tremendous strength in GoldAsian stocks settled mostly up today as risk appetite swung in the action following a broad retreat in US dollar from late Friday highs. Stock specific activity dominated in the regional benchmarks as the investor's eyed the gains in commodities. Hong Kong's Hang Seng Index rose 1.4% to 22,771.39 for its first advance in ...
Turnover declines
SBI November 2009 futures at premiumNifty November 2009 futures were at 5,101.50, at a discount of 2.05 points as compared to spot closing of 5,103.55. Turnover in NSE's futures & options (F&O) segment was Rs 80,777.38 crore, sharply lower than Rs 98,015.39 crore on Friday, 20 November 2009.The near-month November 2009 futures contract will expire on Thursday, 26 November 2009.State Bank of India ...
BSE Bulk Deals to Watch - Nov 23 2009
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **23/11/2009 533048 GI Engr Sol SHRIPARASRAM HOLDING PVT LTD S 47661 16.0523/11/2009 533121 Thinksoft Glob TRANSGLOBAL SECURITIES LTD. B 68978 291.1923/11/2009 533121 Thinksoft Glob OPG SECURITIES P LTD B 149315 293.2023/11/2009 533121 Thinksoft Glob TRANSGLOBAL SECURITIES LTD. S 68978 291.3823/11/2009 533121 Thinksoft Glob OPG ...
NSE Bulk Deals to Watch - Nov 23 2009
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks23-NOV-2009,AUSTRAL,Austral Coke & Projects L,MAHESH MITTAL,BUY,1524046,8.28,-23-NOV-2009,IFBIND,IFB Industries Ltd.,DIVINE COMMOTRADE PVT LTD,BUY,157786,62.00,-23-NOV-2009,IFBIND,IFB Industries Ltd.,FALCON DEALERS PVT LTD,BUY,184475,62.70,-23-NOV-2009,IFBIND,IFB Industries Ltd.,IFB PRIVATE ...
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