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A daily market newsletter from myiris.com
January 24, 2012
Pre-market
Markets may open flat
SGX Nifty is trading at 5,096 (08.05 a.m.), 19 points higher than Monday of 5,077. ...more
Stocks in news
Essar, Cairn, Suzlon
Essar Projects said it has won Rs 2.86 billion contract from the Gujarat government for laying a pipeline system, which is a part of Sardar Sarovar Narmada Canal-based drinking water supply project. ...more
Outlook
Sensex has resistance at 16,790 & 16,880
``The Indian markets are expected to open flat to positive on the back of mixed global cues,`` said ICICIdirect. ...more
Institutional Activities
FIIs net seller
Foreign Institutional Investors (FIIs) were net sellers in the equity segment worth Rs 0.58 billion on both BSE and NSE on January 23 as per provisional data available at NSE. ...more
Technical calls
ACC, Bharti Airtel, Tata Steel, Bharat Forge...
`Buy` ACC above Rs 1170 with target of Rs 1190 - 1199 higher and stop loss Rs 1159.5. ...more
