Showing posts with label Market Review. Show all posts
Showing posts with label Market Review. Show all posts

Today 17/06/2013 Nifty SENSEX Updates || Petrol Price Hick by 2 Rs || RBI May not cut Interest rate today policy

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Monday 17th June 2013, Indian Stock Market Nifty SENSEX opened with Bullish note, 50 Stock Exchange index Nifty opened at 5,820.40 and traded below 5,800. At 10:34 am NSE benchmark Nifty was at 5,794.00 with the decrement of 14.40 points or 0.25 percent, it toughed 5,827.60 high and 5,794.00 low in early trade. 

30 Stock Exchange index SENSEX Today opened at 19,249.90 in positive side. At 10:34 am BSE SENSEX traded at 19,156.21 down by 21.72 points or 0.11%. It toughed 19.263.56 high and 19,153.76 low in early trade.

Petroleum price will be hike in International market and Rupee goes down against dollar cause of this Indian Oil marketing company fall down and they increase the petrol price by 2 Rs to recover its losses. Now Petrol price in Delhi was 66 Rs/liter and in Mumbai was 74 Rs/liter.

RBI monitory policy come today, Expectation is that may be RBI not cut in its rate by considering the down position of Rupee. Most of the economists think that RBI not cut in CRR they hold its rates.

Today 17 June 2013 Most Active Stocks to Buy

Reliance Industries Ltd, Mahindra Forging Ltd, Sintax Industries Ltd, Tata Chemicals Ltd, Mahindra & Mahindra Ltd, SBI, RBI Infratch Ltd, YES Bank, TCS, Britania Industries Ltd.

Monday June 17, 2013 NSE BSE Stocks to SELL


Tata Motors, Reliance Power Ltd, Titan Industries Ltd, HCL Technologies Ltd, Adani Ports Ltd, Infosys Ltd, OBC.

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Tomorrow 17/06/2013 Bank Nifty NSE BSE Tips || RBI Mid Quarter Policy come on Monday|| American Market Down 0.75% on Friday

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Friday 14/06/2013 on the last trading day of market, American Market closed in down session with the decrement of 0.75%. After gained the more increment on Thursday Friday American market closed in Red side. On other side Indian Share Market Closed with Green side on Friday, SENSEX Closed with the increment of 351 points and Nifty closed at 5,808.40.   

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RBI Mid quarter monitory policy may be come on Monday 17th June. In which we assume that RBI may be cut in CRR rate by 0.25%, it’s directly effect on Market basically on bank Nifty. Bank Nifty the Broader index for banking stocks, rose more than 2% to the closing day of that week on Friday at 11,909 up by 222 points.    


In a down session Bank Nifty dropped nearly 5 percent compared with NSE benchmark index CNX Nifty that was fall around 3 percent. But after coming RBI Monitory policy in which it cut Cash Reserve Ratio or Repo Rate that it increase in its previous policy so now expectation is that Bank nifty may be goes down by 4-5%.