A benchmark index for Indian equities Friday afternoon was trading quiet, tracking negative other Asian markets.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,981.06 points, was trading at 17,942.41 points, 49.59 points or 0.28 percent down from its previous close at 17,992 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling a meagre 0.06 percent up at 5,401.05 points.
Late selling pressured a benchmark index for Indian equities Friday to close 123 points lower on a lacklustre day of trade. Global markets too exhibited a negative tendency.
India’s inflation rate, which peaked this month following the fuel price hike in June, will keep declining after July and moderate by December, Planning Commission Deputy Chairman Montek Singh Ahluwallia said Friday.
“It is true the core inflation rate had seen the full impact of the fuel price hike early this month. You will see the full effect of it (fuel price hike) now but inflation will definitely keep coming down after July,” Ahluwallia told reporters on the margins of an interactive session with members of the Bangalore Chamber of Industry & Commerce (BCIC) here.
Apple invaded BlackBerry territory Friday with the launch of its iPhone 4 across Canada. Frenzied Canadians lined up in front of Apple stores and other authorized retailers from Toronto to Halifax to Vancouver almost 24 hours before the delivery of the smartphone started in Canada.
“It feels great in my hands. I am so happy about it,” beamed young Danny as he emerged out of the Apple store at the famous Eaton Centre here.
The Aditya Birla-promoted Grasim Industries Limited Saturday reported an 8 percent decline in net profit at Rs.685 crore for the first quarter of 2010-11 as against Rs.744 crore in the like period of 2009-10.
According to the company, this was due to the demerger of the cement business into Samruddhi Cement Limited (SCL) and the allotment of SCL equity shares to Grasim shareholders.
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DIL SE....
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Sample of Our Call
Sample of Call :
" NSE FUT:
Intraday BUY Reliance Fut at 700 Target 708/714 SL:697
SureStockTips "
Now Like to Explain :
Read above MSG 2 times, clearly mentioned that it is:
1) FUTURE call
2) Its INTRADAY
3) Script Name
4) CMP - Current Market Price
5) Mentioned Clearly Target
6) also Mentioned StopLoss
NO DOUBTS ABOUT IT...
Total Transparency in MSG.
Profit Book MSG :
" RELIANCE FUT:
First Target Achieved at 708 in Buy call given at 700.
SureStockTips "
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I am individual advisor from Gandhinagar City, Gujarat. Here I am providing Pure Intraday base or STBT – BTST calls for “A” Group Shares & Index only. I am providing calls on purely Technical Base, for trading purpose only.
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Basically Fundamental Research works for Medium Term, Short Term OR Long Term Investment, because for that time period of investment INVESTOR or ADVISOR must have to study particular company’s many Financial prospectus like EPS, Book Value, Profit & Loss, Share Holding Pattern, Assets, Liabilities, Dividend, Business Forecast and many more aspects are to be evaluated when someone is going to invest in particular shares.
But here, as mentioned above, that I am providing purely Intraday Base or STBT-BTST calls, and not for investment but for trading purpose only, hence, NO FUNDAMENTAL RESEARCH NEED or WORKS HERE.
Only Technical Levels relating to market behavior as well as Some Methods work for INTRADAY TRADING for the day trading time of approx. 6 hours (9.15 am to 3.30 pm).
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The calls made herein are for just informational purpose and are not recommendations to any person to buy or sell any securities. The views given here is my PERSONAL VIEWS, trading in Stock Market is High Risk activity. The information provided here is based on my knowledge or technical and not recommendations / force to any person to make Buy or Sell Position in any securities.
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