Evening Snacker 18 Jan,10

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Evening Snacker 18 Jan,10

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• Arts

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• Publié par: uhezyxuk
• Nombre de lectures: 41
• Langue: Français

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VOLUME 101Jan 2010 18 A Dr e a m I N D I Ag r o u pv e n t u r e L i v e T i p s N e w s l e t t e rD a i l y[ S n a c k e rE v e n i n g ]

PREV OUR PERFORMANCE TODAY INDEX CLOSE %CH CLOSE SCRIPS SHORT/BUY SELLLOT BSE LONG SENSEX 17,641.08 17,554.300.49 NIFTY Long5240 527550 MIDCAP 7,090.75 7,050.410.57 509020 9105BANKNIFTY Long SESAGOA Long413 4101500 SMLCAP 9,026.78 8,970.460.63 ESSAROIL Long154 153.81412 BSE-500 7,039.68 7,005.270.49 STERLINBIO Long110 1082500 NSE NIFTY (1/14/2010)Long 5260 527550 S&P CNX 5274.85 5,252.200.43% SELL COVERED CALL NIFTY NIFTY (1/14/2010) CNX NIFTY JR 10811.2 10,760.000.48% TOTAL LOSS FOR THE DAY

CNX IT

BANK NIFTY

CNX 100 S&P CNX DEFTY

S&P CNX 500

CNX MIDCAP

NIFTY MIDCAP 50

6181.15 6,118.401.03%

9093.25 8,911.102.04%

5212.35

4006.6

5189.60.44%

3983.30.58%

4499.6 4468.150.70%

7827.55

7796.40.40%

2798 2794.750.12%

MARKET COMMENTARY

INDIA: The Indian market was volatile throughout the day. Buying in banking & financial, technology, auto and capital goods supported the bench- mark Sensex to close the first session of the week on a positive note amid choppy trade. Stocks recovered from lower level in early trade. The market surged in morning trade as US index futures rose. The market pared gains in mid- morning trade. The market surged to a fresh intraday high in early afternoon trade. The mar- ket pared gains in afternoon trade. It further trimmed gains in mid-afternoon trade. Sensex closed at 17,641.08, up 86.78 points or 0.49% and the Nifty went up 22.65 points or 0.43%, to settle at 5,274.85. The timing and sequence of exit from an easy policy is still a challenge, Reserve Bank of India Governor D Subbarao said on Monday. Sub- barao, who was speaking at a conference in Goa, also said the challenge was to support growth without compromising price stability. The

NIFTY 50

Reserve Bank of India will review monetary policy on 29 January 2010. Wholesale sugar prices in India have dropped in the past two to three days, while retail rates are expected to fall in 10-15 days, Farm Minister Sharad Pawar told reporters on Monday. Food prices are expected by some economists to drive headline wholesale inflation to 8% by the end of March and with economic growth at 7.9% in the September 2009 quarter, the RBI may begin its retreat from crisis policies. At the same time, the central bank is under heavy pressure from the government not to derail growth mo- mentum. The headline inflation jumped to a one- year high in December 2009, reinforcing views the Reserve Bank of India (RBI) will start in- creasing reserve requirements later this month to contain price pressures as the economic re- covery strengthens. The wholesale price index rose 7.3% in Decem- ber 2009 from a year earlier, its highest since November 2008 and accelerating from a 4.8% gain in November 2009. Data also showed last

SENSEX

PROFIT

1750 4250 -4500 -282 -5000 750 1000 -2032

week that industrial output grew at faster-than- expected 11.7% in November 2009 from a year earlier The initial public offer (IPO) of fast-food chain Jubilant Foodworks which opened for bidding today received a lackluster initial response. The IPO received bids for 24760 shares by 14:00 IST, compared with 1.96 crore shares on offer. The company has fixed IPO price band of Rs 135-Rs 145 per share. The company said during the weekend that it has received bids for 30.6 lakh shares at Rs 145 per share (the upper end of the price band) to- wards the anchor investor portion of the offer. The anchor investors to whom equity shares have been allocated pursuant to the offer include Arisaig Partners, Blackrock, Canara Robeco Mutual Fund, Fidelity, Franklin Templeton, HSBC, Reliance Mutual Fund, SBI Mutual Fund, T Rowe Price and Ward Ferry. Meanwhile, the finance ministry is reportedly likely to keep the corporate tax rate unchanged at 30% in the coming budget, as it faces stiff

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