Reports » India
Indian stock market daily morning report (March 11, 2010, Thursday)
By Nitin A. Khandkar (Keynote Capitals)
Views on markets today
- Indian markets corrected midway through the trading session yesterday on profit taking in technology stocks. However, a recovery in oil and gas and real estate stocks helped the Sensex to close marginally up.
- Market breadth was weak at around 0.7x. While FIIs bought equities worth Rs3.6bn and domestic institutions sold equities of Rs3.7bn.
- Asian markets are trading mixed today, with the Nikkei up and the Hang Seng down. SGX Nifty is trading with a moderate decline.
- We expect a cautious opening for the Indian markets today, in absence of global cues. Inflation data may however fuel volatility.
Key events today
- Listing of IPO of Man Infraconstruction (issue price Rs252 ) NSE: MANINFRA, BSE code: 533169
- Opening of IPO of IL & FS Transportation Networks (price band Rs242 - 258 per share), closes March 15
- Opening of IPO of Pradip Overseas (price band Rs100 - 110 per share), closes March 15
Economic and Corporate Developments
- NMDC, whose FPO is open for subscription has denied media reports to the effect that it is going in for monthly contracts. The Company currently does not have any plans to have monthly contracts with its customers.
Buzzing Stocks
- Videocon sets 2-for-9 rights issue at Rs225/share
Stock Market Forum
- Information about Stock trading - An Article
7 February 2012
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011