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A daily market newsletter from myiris.com
January 11, 2012
Pre-market
Markets may open flat
SGX Nifty is trading at 4,875 (07.55 a.m.), 3.5 points higher than Tuesday closing of 4,871.5. ...more
Stocks in news
Jindal Steel, NMDC, Orchid Chem...
After successfully setting up a steel plant in Odisha`s Angul district, Naveen Jindal-led Jindal Steel and Power (JSPL) said it has been ready to sign an MoU with the state government for setting up a Rs 450 billion coal-to-liquid (CTL) plant by end of this year. ...more
Outlook
Sensex has resistance at 16,210 & 16,380
``The Indian markets are expected to open flat on the back of flat Asian cues,`` said ICICIdirect. ...more
Institutional Activities
FIIs net buyer
Foreign Institutional Investors (FIIs) were net buyers in the equity segment worth Rs 3.24 billion on both BSE and NSE on January 10 as per provisional data available at NSE. ...more
Technical calls
ITC, UBI, Hindalco, Ranbaxy Lab...
`Buy` ITC above Rs 207 with target of Rs 211 - 213 higher and stop loss Rs 205. ...more
Sector watch
Banking Sector preview Q3FY`12
``Grappling with a painful quarter behind, Indian banking sector is expected to deliver subdued performance in Q3FY12 with restructuring being the focal area, `` said Marwadi Shares & Finance. ...more
Market Watch
Index
Latest Close
%Chg
Nifty
4742.80
-0.24
Sensex
15814.72
-0.33
NASDAQ
2676.56
0.09
Dow Jones
12392.70
0.27
Sectors in Limelight
Gainers
Latest Close
%Chg
Realty
1419.34
2.21
Power
1871.06
1.81
PSU
6790.21
1.71
Losers
Latest Close
%Chg
Oil & gas
7626.55
-0.81
FMCG
4009.62
-0.56
Auto
8134.43
-0.49
Top Gainers & Losers (A Group)
Gainers
Latest Close
%Chg
Eicher Motor
1500.00
0.00
Rel Bank Etf
783.65
0.01
Indoco Rem
415.00
0.01
Losers
Latest Close
%Chg
I Bright St
39.35
-4.95
Pfl Infotech
69.55
-4.92
Cigniti Tech
38.45
-4.47
Derivatives Watch
Nifty OI PCR at 1.17 as against 1.26 on Tuesday.
Nifty up 2.25%; Futures OI up 7.96%.
Nifty Jan. futures trading at 22.1 points Premium.
