Stock prices

Monday 4 July 2011

Stock tips for 5th July

Buy Calls:

Buy Akzo Nobel with stop loss of Rs 914
Buy JSW holdings with a stoploss of Rs 999

Markets likely to be choppy tomorrow. As always, trade with strict stoplosses

Markets on 4th July

Indian markets bounced back on Monday snapping earlier losses. The broad based Nifty traded above 2-month high. At the close, the benchmark 30-share index, BSE Sensex added 51.68 points or 0.28% at 18,814.48 with 19 components posting rise. Meanwhile, the broad based NSE Nifty climbed by 23.30 points or 0.41% at 5,650.50 with 33 components registering rise.

Sensex Movers
H D F C Bank contributed rise of 16.54 points in the Sensex. It was followed by Reliance Industries (13.53 points), Tata Motors (8.24 points), D L F (7.01 points) and Reliance Infrastructure (6.82 points).
However, I T C contributed fall of 20.34 points in the Sensex. It was followed by Larsen & Toubro (10.97 points), Tata Consultancy Services (4.45 points), Tata Steel (4.33 points) and Housing Development Finance Corporation (3.72 points).
Biggest gainers in the 30-share index were Reliance Infra (6.84%), DLF (6.01%), Reliance Communications (3.29%), Hindalco Industries (1.90%), Tata Motors (1.76%), and Jaiprakash Associates (1.72%).
On the other hand, I T C (1.49%), Larsen & Toubro (0.88%), Tata Steel (0.86%), NTPC (0.81%), Tata Consultancy Services (0.51%), and Hero Honda Motors (0.36%) were the major losers in the Sensex.

Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.92% and 1.19% respectively.

The major gainers in the BSE Midcap were Aban Offshore (4.38%), A B G Shipyard (3.48%), A2Z Maintenance & Engineering Services (3.4%), Alstom Projects India (1.98%) and Core Projects and Technologies (0.5%).

The major gainers in the BSE Smallcap were Provogue (India) (4.09%), Aarti Industries (2.18%), INEOS ABS (India) (1.33%), Trident (0.57%) and A B G Infralogistics (0.08%).

Sectors in Limelight
The Realty index was at 2,156.83, up by 76.13 points or by 3.66%. The major gainers were Anant Raj Industries (13.6%), D L F (6.01%), Indiabulls Real Estate (1.81%), Ackruti City (0.96%) and D B Realty (0.57%).
The Consumer Durables index was at 6,732.39, up by 131.22 points or by 1.99%. The major gainers were V I P Industries (9.59%), Bajaj Electricals (6%), Titan Industries (2.06%), Blue Star (1.76%) and Gitanjali Gems (1.48%).
The Bankex index was at 12,993.55, up by 139.88 points or by 1.09%. The major gainers were Canara Bank(2.38%), Bank Of Baroda (2.04%), H D F C Bank (1.42%), Federal Bank (1.37%) and Bank Of India (0.25%).
On the other hand, the Capital Goods index was at 13,842.90, down by 40.03 points or by 0.29%. The major losers were A B B (1.02%), Larsen & Toubro (0.88%) and Bharat Heavy Electricals (0.2%).

Market Breadth
Market breadth was positive with 1,788 advances against 1,096 declines.

Value and Volume Toppers
Redington (India) topped the value chart on the BSE with a turnover of Rs. 4,509.66 million. It was followed by V I P Industries (Rs. 1,198.38 million), Jubilant FoodWorks (Rs. 877.25 million) and D L F (Rs. 684.41 million).
The volume chart was led by Redington (India) with trades of over 50.96 million shares. It was followed by Cals Refineries (38.94 million), Birla Cotsyn (India) (11.02 million) and Infomedia 18 (6.93 million).