[sharetrading] Anagram's Daily Market Review [1 Attachment]

 

[Attachment(s) from ekam ber included below]

Anagram's Daily Market Review : 18th February 2010

Market broke two day winning streak to close nearly half a percent down in today's trade. Sensex lost 101 points to close at 16327 while nifty ended at 4887, down 26 points. BSE Mid-cap and Small-cap indices lost 0.6% and 0.4% respectively. In a major development, the Cabinet today gave approval to the nutrient-based fertilizer subsidy plan under which firms can fix retail prices of nutrient-based fertilizer prices. Under the new regime, the subsidy would remain fixed. The Cabinet also cleared a 10% hike in urea prices from April 1. Food inflation for the week ended Feb 6 came in at 17.97% versus 17.94% for the week before. European markets, after opening in red, recovered and were trading about half a percent higher. US stock indices futures were almost flat ahead of the Jobless Claims data.

BSE Realty and Oil & Gas indices were the top losers among the sectoral indices, shedding 2.1% and 2% respectively while Consumer Durable index and Bankex gained 0.5% and 0.3% respectively. Reliance Industries plunged 3.4%, becoming the top loser among the Sensex stocks, followed by Sterlite Ind., down 2.6%. HDFC Bank and NTPC gained the most, up 1.8% and 1.5% respectively. BSE advance-decline ratio stood at 1:1.7.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

__._,_.___

Attachment(s) from ekam ber

1 of 1 File(s)

Anagram's Daily Market Review.PDF

Reply to sender | Reply to group

Messages in this topic ()

Recent Activity:

Visit Your Group Start a New Topic

Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___