सेन्सेक्स (16719.83) -174.42 अंक गिरकर, नीफ़्टी (4987.70) -54.05 अंक गिरकर, बंद..

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Pre Market Commentary ..

Today, we see the market opening in the red on the back of overnight losses on Wall Street. A disappointing outlook from FedEx added to concerns over unemployment. Asian markets too are all down. Stocks fell in Europe too following Greece’s downgrade.It’s raining holidays in the coming weeks and the bourses have decided to wish investors Happy New Year by remaining closed on Jan 1. So far the plan is to usher in 2010 by starting at 9 am on Jan 4. But all this is few days away.

Trading has been anemic over the past 2-3 weeks. Globally too, stocks have struggled as the dollar has been inching up. Sovereign debt concerns have added to the pressure. Economic outlook remains murky though overall the world seems better placed. For India, the immediate worry is the soaring food prices. That rates will rise and ‘exit’ strategies will gradually be executed is a given. Expect some action from the RBI in the coming days. Given this backdrop, we would urge some caution.

Trading volume could take a hit in the next few weeks due to a few holidays.

Pre Market Intraday Call !!

Buy Polaris

Buy Cromton Greaves

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Tata Motors’ global sales soar 62% in November 2009. (ET)

Wipro has entered into a partnership for an out-tasking of testing services with Telefonica, Germany. (BL)

GAIL has requested the Government to allow levy of marketing margin on APM gas. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS


CROMPTON GREAVES
GTL
HCL TECH
WIPRO
GUJ NRE


NEGATIVE BREAKOUTS


JINDAL SAW
GMR INFRA
IB REAL ESTATE
ICICI BANK
BPCL

FIIs were net buyers in the cash segment on Thursday at Rs1.92bn

FIIs were net buyers in the cash segment on Thursday at Rs1.92bn on a provisional basis. The local funds were also net buyers of Rs1.33bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs3.59bn. FIIs were net sellers of Rs1.39bn in the cash segment on Wednesday. FIIs' net investments in Indian stocks this year have crossed $16bn.

NIFTY(5041) SUP 4941 RES 5141

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सेन्सेक्स (16894.25) -18.52 अंक गिरकर, नीफ़्टी (5041.75) -0.30 अंक गिरकर, बंद..

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KEC International wins orders worth Rs5.5bn

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Intraday Call : Buy Tata Steel at 563 SL 556 Tgt 570.

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Market Commentary ..

Today, we expect another muted start as global markets remain indecisive. The Fed has not done nothing unexpected nor has it made any surprise statements. Rates in the US will remain at record low for quite some time, though the fire-fighting steps may gradually be reversed. Sovereign debt default scare still remains with S&P now downgrading Greece.

Gurus of market have spoken about the time in the market which is important rather than timing the market. Investors sure will benefit with the extended trading hours. Come Friday, those directly and indirectly linked to the stock market will start early as trading begins at 9 am.Though economic recovery is well underway, data points are likely to be erratic. Valuations are not cheap and there is concern that liquidity may be lower next year as central banks start unwinding the monetary stimulus.

Technically, the Nifty will find support near 5000 levels. With bulls and bears in holiday mood, expect the indices to remain in a narrow range for now. Have a nice time, in the market and outside the market.

Pre Market Intraday Call !!

Buy Ster

Buy Sterling Bio

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Orchid Chemicals has sold of its generic injectable Pharma business for US$400mn to fund its debt repayments and pursue new growth opportunities. (ET)

Bharti Airtel may buy 70%v stake in Bangladesh’s Warid Telecom for US$300mn. (ET)

DLF consolidated debt to rise by Rs22bn on arm integration. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

RANBAXY
IDEA
WIPRO
BHEL
BAJAJ AUTO


NEGATIVE BREAKOUTS

JINDAL SAW
CAIRN INDIA
GLENMARK
GSPL
HUL

FIIs were net sellers in the cash segment on Wednesday at Rs3.55bn

FIIs were net sellers in the cash segment on Wednesday at Rs3.55bn on a provisional basis. The local funds were net buyers of Rs2.75bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs10.71bn. FIIs were net buyers of Rs1.14bn in the cash segment on Tuesday. FIIs' net investments in Indian stocks this year have crossed $16bn.

NIFTY(5042) SUP 4942 RES 5142

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सेन्सेक्स (16912.77) 35.61 अंक चढ्कर, नीफ़्टी (5042.05) 9.00 अंक चढ्कर, बंद..

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India planning stimulus steps for some exporters

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Bhushan Steel to start orrisa plant in Jan 2010

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Asian Market Update: Nikkei Up 0.93%, Hang Seng down 0.8% and Shanghai Index down 0.4%

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BSE extends trade timings by 10 minutes Now opening bell at 9.45

The Bombay Stock Exchange (BSE) has extended trading timings in equity and equityderivatives segments by 10 minutes. The move would be effective from this Friday.Trading in these segments will commence from 9.45 am onwards, instead of the present timing of 9.55 am onwards.Consequently, the continuous trading session in both segments will be from 9.45 a.m. to 3.30 pm on all business days. There will be no change in timings of any other session in both the segments.

Pre Market Intraday Call !!

Buy Jindal Hotel

Buy Think Soft

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Pre Market Commentary ..

Today again we expect a soft opening with US markets in the red and a flat finish in Europe. Asian markets are mixed. We don’t expect any major move (on either side) till a big influential event takes place. So, keep your eyes and ears open.What we have is Dhoni & Co. in fine touch. What we want is bulls to be in better form. After hitting the year’s high in mid-October, the market has turned turtle. Though the Nifty did make a new high recently, it has since retraced back to sub-5100 level. The broad range for the Nifty is expected to be 4900-5200 and the overall market trend will remain choppy.

The immediate event to keep track of is today’s outcome of the Fed meeting. It’s a no-brainer that the Fed will keep rates steady. What the markets are keenly awaiting is some hints on its ‘exit’ strategy. Back home, the RBI is expected to reverse its easy money policy, but the timing is uncertain. It may opt to do it earlier than its scheduled January-end meeting.

BHEL is planning to acquire Hungary-based boiler maker TGR to establish a manufacturing facility in Europe. (FE)

RIL’s efforts to buy a controlling stake LyondellBasell has got a bit complicated, as the company has submitted a new reorganisation plan to a court in the US. (ET)

M&M has forayed into the aerospace business by acquiring majority stakes in two Australian companies, Aerostaff Australia and Gippsland Aeronautics. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

BAJAJ AUTO
GTL
INFOSYS
RANBAXY
UNITED BREWERIES


NEGATIVE BREAKOUTS

SUZLON
GAIL
BIOCON
TITAN
TATA MOTORS

FIIs were net sellers in the cash segment on Tuesday at Rs61.4mn

FIIs were net sellers in the cash segment on Tuesday at Rs61.4mn on a provisional basis. The local funds were net buyers of Rs38.9mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs10.80bn. FIIs were net buyers of Rs1.74bn in the cash segment on Monday. FIIs' net investments in Indian stocks this year have crossed $16bn.

NIFTY (5033) SUP 4933 RES 5133

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सेन्सेक्स (16877.16) -220.39 अंक गिरकर, नीफ़्टी (5033.05) -72.65 अंक गिरकर, बंद..

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European market update: FTSE Index down 0.35%, CAC Index and DAX Index trading flat

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Infosys pays Q3 income tax of Rs400cr vs Rs150cr (yoy)
ICICI Bank pays Q3 income tax at Rs301cr vs Rs625 cr (yoy)
ACC pays Q3 income tax of Rs110cr vs Rs125cr (yoy)

Our morning call Buy Think Soft target achieved at 289.90.

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Our morning call Buy Think Soft is going strong at 287.

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POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

AMBUJA CEMENT
HPCL
SIEMENS
SAIL
CROMPTON GREAVES


NEGATIVE BREAKOUTS

GSPL
CANARA BANK
TATA STEEL
STERLITE IND

FIIs were net buyers in the cash segment on Monday at Rs622.

FIIs were net buyers in the cash segment on Monday at Rs622.7mn on a provisional basis. The local funds were net buyers of Rs1.09bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs1.18bn. FIIs were net buyers of Rs3.42bn in the cash segment on Friday. FIIs' net investments in Indian stocks this year have crossed $16bn.

Pre Market Intraday Call !!

Buy Think Soft

Buy Ashok Leyland

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Pre Market Commentary ..

Today, the same holds true for stocks right now. The bulls appear to be suffering from some fatigue following a stellar rally from March lows. Notwithstanding the euphoria surrounding the Dubai bailout and US banks repaying federal aid, the market is likely to remain choppy. The Nifty will continue to struggle to pierce 5200, at least for the time being. It may however manage to cross that barrier before the F&O expiry. In short, the consolidation phase is likely to prevail in the near term with a positive bias. Future advance will face hiccups at regular intervals as bulls lack conviction.

Stay tuned to the latest events – local as well as global. Stick to stock-centric action. The advance tax numbers will have impact on specific stocks. We see a flat to cautious start as Asian markets are subdued. Trading will swing to the beat of global cues. The Fed will start a two-day policy meeting today. Industrial output data for the US will be released later today. The UK CPI report is also due out today.

NIFTY(5105) SUP 5005 RES 5205

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सेन्सेक्स (17097.55) -21.48 अंक गिरकर, नीफ़्टी (5105.70) -11.60 अंक गिरकर, बंद..

PTC to acquire coal assets abroad. (FE)

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PNB plans to open 100,000 biometric ATMs by 2013. (BS)

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DLF is set to merge the real estate investment trust DLF Assets into itself. (FE)

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Tata Power to commission first unit of Dagachhu in 2013. (BS)

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FIIs were net sellers in the cash segment on Friday at Rs3.38bn on a provisional basis. The local funds were net sellers of Rs71.7mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs4.83bn.

Pre Market Intraday Idea

Buy IGL AT 184.90 SL 181
TARGET 203 PLUS

Buy APIL AT 574.90 SL 559.90
TARGET 607,611 PLUS


www.northpole77.com

Pre Market Commentary ..

Today, there is no solution to the lack of clear direction in the market. The fact is we will remain at the mercy of global cues and foreign money. Any domestic booster is usually intra-day in nature. Don’t press the panic button in case of any fresh bad news. Stay alert and stick to a stock centric approach. This week’s trend will hinge on what the Fed says at the end of its policy meeting on Wednesday. Till then, we expect the key indices to remain sideways. The Nifty will continue to trade in a 5000-5200 range.

There will surely be few more speed bumps ahead in some form or the other. The recovery in several parts of the world will be a ‘stop-and-go’ affair. It is taking different shapes across the globe. The crucial event to watch will be the Fed’s ‘exit’ strategy. This will then decide the fate of the dollar, whose weakness has been driving up the risk appetite.

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सेन्सेक्स (17119.03)-70.28 अंक गिरकर, नीफ़्टी (5117.30)-17.35 अंक गिरकर, बंद..

New Listing : COX & KING TRADING STRONG at 400 - Book Profit

BOOK PROFIT

Stocks to Watch ...

Satyam,MLL ,RIL, SAB TV, KRBL,

Bharti, JSPL,Sun Pharma

New Listing : COX & KING at 330 - Book Profit above 395

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Pre Market Intraday Idea ..

Buy MLL

Buy Satyam

FIIs were net buyers in the cash segment on Thursday at Rs2.94bn on a provisional basis. The local funds were net buyers of Rs692.3mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs3.16bn. FIIs were net sellers of Rs2.97bn in the cash segment on Wednesday. FIIs' net investments in Indian stocks this year have crossed $16bn.

Pre Market Commentary ..

Today, a firm start is in the offing but there is not much to do immediately. Global markets are mostly up and will provide the necessary boost in the beginning. All eyes will now be on the IIP data. It is likely to be pretty strong and could further buttress the case for a hike in interest rates. Inflation and its cascading effect continue to be among the biggest headaches for Indian policymakers. Food prices have shot through the roof, with inflation in this crucial category nearing staggering 20%. Don’t be surprised if the Government and/or the RBI unveil a few steps to combat this menace.

The big test for the Nifty will be 5180-5200. With a few days to go in 2009, we expect market to remain volatile and rangebound. Side counters will remain abuzz, but don’t get carried way. The potential danger ahead for the global equities will be a recovery in the dollar and the unwinding of the carry trades. This could happen when the Fed begins to hike interest rates in the next 6-9 months.

Bajaj Electricals to raise Rs1.61bn via QIP. (BS)

Ranbaxy expects to launch a generic version of Astellas Pharma’s Flowmax urinary drug in March next year. (BL)

NTPC to be the official partner for the Commonwealth Games scheduled in the next year. (BS)

RIL is in talks with IL&FS on Haryana SEZ. (BS)

सेन्सेक्स (17189.31) 64.09 अंक चढ्कर, नीफ़्टी (5134.65) 22.65 अंक चढ्कर, बंद..

Buy and Hold RIL for long term delivery target 2500

BUY AND HOLD

"no jai no viru...only dhiru"

Buy Today and Every Dips!!

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Kiri Dyes: Our call on FIRE trading strong.....hold for750 next target

SATYAM : Our morning call on fire trading above target hold for next target 125

Kiri Dyes & Chemicals

Shares of Kiri Dyes & Chemicals furtherextended gains and added 4% to end at Rs686 after reports stated thatthe company plans to acquire German textile- dye company DyStarTextilfarben GmbH from private equity firm Platinum Equity LLC.

Buy and Hold SATYAM for intraday target of 107 plus

Mahindra Satyam has agreed to pay US$70mn to Upaid for out of court settlement. (ET)

Fortis Healthcare is in talks to buy Lanka Hospitals chain. (BS)

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Suzlon Energy has received a Rs1.9bn order from Rajasthan State Mines and Minerals Ltd. (BL)

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FIIs were net sellers in the cash segment on Wednesday at Rs3.77bn on a provisional basis. The local funds were net buyers of Rs188.7mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs8.58bn. FIIs were net buyers of Rs9.94bn in the cash segment on Tuesday. FIIs' net investments in Indian stocks this year have crossed $16bn.

Pre Market Intraday Ideas

Buy MLL
Buy Kiri Dyes

Pre Market Commenrary ..

Today, we expect a positive start, but overall trading will be choppy. The Nifty will continue to face resistance at 5180-5200. Stock-specific movements will hog the limelight. Mahindra Satyam could spurt after it has agreed to pay US$70mn to Upaid for an out of court settlement.The world and its problems will continue. While you need to keep a close watch on the developments, you need to look even more closely at your portfolio.

The bulls will hope that all the talk of a double dip recession remains just a talk though not all is hunky dory. There are a few fresh dark clouds gathering over the horizon; like the credit problems in Dubai and Greece. If that was not enough, S&P has cut its outlook on Spain to negative. UK and Japan are not doing particularly well. There are some concerns on asset bubbles in China. Inflation of course will remain a big bother for India. High unemployment and subdued consumers are hindering growth in the US.

Given this backdrop, one should remain guarded. Avoid impulsive buying.

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सेन्सेक्स (17123) -104.40 अंक गिरकर, नीफ़्टी (5112.70) -35.20 अंक गिरकर, बंद..

Lady Bug Note From PagePlugins.com

European markets update: FTSE Index up 0.3%, CAC Index and DAX Index flat.

Buy and Hold for 7days Delivery ...

Astec Life Science (533138)

at Rs. 91.00

Today Target Rs. 97.90,

Weekly Target Rs. 117 plus

Kiri Dyes: Our call on FIRE trading strong.....

Hold Kiri Dyes (532967)

LONG FROM Rs. 525

Today Target Rs. 682,

Weekly Target Rs. 788

Refresh your memory ,

5 days back written to buy this stock @

525 & already zoomed upto 663 level.

Pre Market Commentary ..

Today,when the world was down, India was shining, especially late in the afternoon. The rise coincided with the Finance Minister’s announcement that the government plans an additional Rs257bn in public expenditure during the current fiscal year. The gains are less likely to be maintained given the weakness all around. However, bulls will strive for a recovery later in the day. In the US, the Dow shed over 100 points following a strengthening dollar, weakening oil and gold prices and some below expectation corporate numbers. Asian markets are weak after Japan’s economy expanded less than expected. Japan has cleared an additional $81bn stimulus.

U.K and Germany manufacturing is still weak. Ratings agencies have warned about debt problems. First it was Dubai and now Fitch has lowered Greece's credit rating. People may not know where to find Greece on the map but some impact will be felt in markets.

Pre Market Intraday Call !!

Buy Kiri Dyes

Buy Jindal Cotex

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JSW Group is planning to set up minor ports in states where it has a major presence through its steel and power plants. (FE)

L&T secured a contract valued at Rs8.4bn from NPCIL for construction of the main plant civil works of reactor 3 and 4 at Kakrapar Atomic Power Project near Surat. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

CIPLA
CESC
CHENNAI PETRO
DLF
SAIL

NEGATIVE BREAKOUTS

TATA COMM
GREAT OFF
GUJ NRE
BAJAJ HIND
HERO HONDA

NIFTY (5147) SUP 5047 RES 5247

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सेन्सेक्स (17227.68) 244.53 अंक चढ्कर, नीफ़्टी (5147.95) 81.25 अंक चढ्कर, बंद..

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Asian markets update: Nikkei Index down 0.6%, Hang Seng Index down 0.6% and Shanghai Index down 2%

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Market Commentary ...

Today, we expect a cautious to positive start and another sideways trading session. There might be a bounce back if the global trend improves. That in turn could force the bears to cover their shorts. Overall, the market will remain rangebound amid uncertainty over the near-term outlook.

The bulls seem to be looking for some change and appear to have gone on an early Christmas holiday. Global stocks have struggled lately in making much headway amid some concerns about pricey valuations and the strength of the economic recovery. The markets are a bit nervous as economic rebound could spring a surprise, leading to an early exit from easy money policy. What is also making the markets jittery is a possible reversal in the trend in fund flows. For lack of other triggers, all eyes are fixed on how the dollar behaves and what happens to US interest rates.Friday’s strong jobs data has set the cats among the pigeons. It remains to be seen how upcoming data unfolds, both in the US and elsewhere. Talking of data, Indian market will react to the latest IIP on Friday.

Pre Market Intraday Call !!

Buy Essar Oil

Buy Mastek

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Opto Circuits is looking at a capex of around Rs2bn in the next one and half years for setting up manufacturing units in Vizag and Malaysia. (BS)

Reliance Mediaworks has partnered with US-based In-Three for converting 2D films and videos into the 3D format. (ET)

M&M plans to raise around Rs20bn long-term debt for its Chakan commercial vehicle project. (BL)

ONGC is interested in acquiring a stake in Ghana’s giant Jubilee oilfield, but the African nation has exercised its first right of refusal on the stake sale. (BS)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

BHARAT ELECTRONICS
YES BANK
CESC
CHENNAI PETRO
TECH MAH

NEGATIVE BREAKOUTS

JSW STEEL
BAJAJ HIND
GREAT OFF
RIL
GVK POWER

FIIs were net sellers in the cash segment on Monday at Rs1.91bn

FIIs were net sellers in the cash segment on Monday at Rs1.91bn on a provisional basis. The local funds were net sellers of Rs1.85bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs8.15bn. FIIs were net buyers of Rs4.45bn in the cash segment on Friday. FIIs' net investments in Indian stocks this year have crossed $16bn. Mutual Funds were net sellers of Rs957mn in the cash segment on Friday.

NIFTY (5066) SUP 4966 RES 5166

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सेन्सेक्स (16983.14) -118.40 अंक गिरकर, नीफ़्टी (5066.70) -42.20 अंक गिरकर, बंद..

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ABB wins contract worth Rs506cr from Bangalore Metro Rail

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European market update: FTSE Index down 0.5%, CAC Index down 0.5%, DAX Index down 0.6%

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BHEL wins order worth Rs27cr from Andhra Pradesh Power generation

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Our morning call Buy Kiri Dyes going firrrrrre at 622.

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Delivery Call : Buy on deeps Sesa Goa 380 SL 365 Tgt 400,425,450. Hold for 2 months.

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Stocks in action :

Reliance Power, Reliance MediaWorks, Edserv Softsystems, NTPC,

GVK Power, JSW Steel

Pre Market Commentary ..

Today,the market seems in a consolidation phase and the same is healthy. The key indices are likely to remain sideways in a range. The Nifty will face resistance around 5180-5200. It has to close above this level with good volumes for a few days to provide fresh impetus to the bulls. If at all it manages to cross 5200, the Nifty might struggle to surpass 5300 and is likely to hit a wall near 5360. Non-index counters may see some action. High beta is avoidable after a runaway rally. Defensive plays like IT, FMCG and Pharma would be safer.

Dhoni’s boys have triumphed in their quest for the pinnacle of Test Cricket. The Indian stock market is struggling to make new highs. Dhoni & Co. will find that life at the Top is not as easy as it appears. The real test of their character begins now. The same applies to the stock market. After having rebounded in a spectacular fashion from March lows, the market is finding it a bit tough to advance further.

Pre Market Intraday Call !!

Buy Opto Circuit

Buy Kiri Dyes

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Mahindra Satyam won Rs1bn outsourcing contract from Airbus to manage its internal quality and processes. (ET)

L&T and EADS plans to send a revised proposal to FIPB, with a new joint venture structure in which the European defence giant would hold 26% stake. (BS)

Reliance Infrastructure-led consortium has won the Rs17bn NHAI project to construct a six-lane highway between Pune and Satara in Maharashtra. (BL)

Tata Steel Europe (Corus) has decided to keep open some facilities at its troubled Teesside Cast Products in contrast to the earlier plan of mothballing the entire plant. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

BAJAJ AUTO
CHENNAI PETRO
RNRL
JSPL
R COMM

NEGATIVE BREAKOUTS

VIDEOCON IND
GREAT OFF
AREVA T & D
ABB
HDFC

FIIs were net buyers in the cash segment on Friday at Rs1.98bn

FIIs were net buyers in the cash segment on Friday at Rs1.98bn on a provisional basis. The local funds were net sellers of Rs566.4mn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net sellers at Rs7.86bn. FIIs were net buyers of Rs4.28bn in the cash segment on Thursday. FIIs' net investments in Indian stocks this year have crossed $15.9bn. Mutual Funds were net sellers of Rs1.65bn in the cash segment on Thursday.

NIFTY (5108) SUP 5008 RES 5208

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सेन्सेक्स (17101.54) -84.14 अंक गिरकर, नीफ़्टी (5108.90) -22.80 अंक गिरकर, बंद..

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European markets update: FTSE Index down 0.3%, CAC Index down 0.4% and DAX Index down 0.4%

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Market Commentary ...

Today, we expect a soft opening as global equities are mixed. A close above the year’s high (around 5182) for a few days is needed for a further advance. Till then, the key indices will remain sideways and mostly subdued. Support may kick in at 5030-50. Further selling is not ruled out at higher levels but the same is unlikely to be too savage.Bourses are unlikely to see fireworks of the kind Brabourne Stadium witnessed on Thursday where India posted its highest single-day score in Tests. Stock markets are not for just a day’s record anyways. After a strong pull-back from last week’s selloff, the momentum appears to have dipped a little.

Every time, the bulls have tried to move towards the year’s peak, they have met with some resistance. Similarly, the market has found support after a small correction. In short, we are in a volatile consolidation phase after the astounding rally from the troughs of March. This trend is likely to prevail at least this month, with the sentiment driven mainly by global cues. The market will continue to move in a range of 4800-5200.

Pre Market Intraday Call !!

Buy Think Soft

Buy SCI

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SBI has signed a MoU with Honda Siel to provide retail financing to prospective customers. (BL)

ONGC Videsh to invest US$5.5bn in Farsi block in Iran. (DNA)

Infosys to hire 1,000 people in the US over the next 4-5 quarters, says CFO. (BL)

POSITIVE & NEGATIVE BREAKOUTS

POSITIVE BREAKOUTS

YES BANK
AMBUJA CEMENT
R COM
TATA STEEL
MARUTI

NEGATIVE BREAKOUTS

HIL
JAIN IRRIGATION
ITC
ABAN OFF
EDUCOMP

FIIs were net buyers in the cash segment on Thursday at Rs3.34bn

FIIs were net buyers in the cash segment on Thursday at Rs3.34bn on a provisional basis. The local funds were net sellers of Rs1.99bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs1.06bn. FIIs' net investments in Indian stocks this year have nearly touched $16bn.

NIFTY (5131) SUP 5031 RES 5231

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