Indian Share / Stock Market Tips, advice, Recommendation, Market Movement


It was a day of immense volatility with alternate bouts of buying and selling. The barometer index BSE Sensex ended slightly higher after recovering sharply in mid-afternoon trade. Expectations of a further cut in policy rates by the Reserve Bank of India and firm European markets triggered a late recovery. Volatility in index heavyweight Reliance Industries (RIL) caused volatility in key benchmark indices today. Banking stocks, too, were choppy. IT and realty stocks rose. - 19-03-2009 [More about market]
Firm global markets helped the domestic bourses log on gains for the straight third day. Index heavyweight Reliance Industries (RIL), realty, FMCG, metal, banking and auto stocks led the rally. The BSE 30-share Sensex jumped 186.93 points, or 2.13%. 16-03-2009 [More about market]
Axis Bank led gainers in group "A". ONGC was in action today. Gateway Distripark advanced as rival Allcargo Global Logistics acquired about 5.97% stake in the company. HUL snapped 6-day slide. It declined 15% in last 6 trading session. Valecha Engineering recovered from 52-week low as promoter hiked stake. Tata Motors rose after the British Government announced a monetary grant to its Jaguar Land Rover unit for producing a new eco-friendly car. Aurobindo Pharma gained on USA node for generic drug. Ashok Leyland spurted on increase in working days at manufacturing unit. - 12-03-2009 [More about market]
M & M Fin Services led gainers in group "A". BSE Auto survived broad market decline. Kalpataru Power bounced back from 52 week low on new order win. Apollo Tyres lifted lockout at Kochi unit. HUL and ITC, FMCG majors, extended recent losses for 2nd day. Buying by a US fund generated interest in HDFC. MIC Electronics rose on bagging a new order. Satyam Computer spurted as after the company commenced a competitive bidding process for selection of an investor to acquire 51% equity stake. - 09-03-2009 [More about Market]
Mphasis led gainers in group "A". Dewan Housing gained on right issue plan. Multiple block deals catapult HDFC. Mah & Mah rose after the company bough back foreign currency convertible bonds at a discount. KEC International bagged new order. Hind. Zinc shined on price hike. Unit sale buzz made Wockhardt to rise. - 06-03-2009 [More about market]
SAIL led gainers in group "A". Shree Renuka Sugar, Cipla, Hindustan Copper and Reliance Infrastructure are among other gainers. Gateway Distripark recovered from record low after large block deal. Jindal Steel strengthens on bagging a large project. Sesa Goa gained on possible China stimulus. M & M accelerates on expansion plan. Aurobindo Pharma gained on US FDA nod for a generic drug. JP Asso. gained on a strong hiring plan. Sterlite Industries gained as copper hit one-month high. - 04-03-2009 [More about market]
Ambuja Cement led gainers in group "A". Aurobindo Pharma soared after Pfizer Inc said it had agreed to license an array of generic pills and inject-able medicines from the Indian drug maker. Sesa Goa dropped as iron ore price drop. Himandri Chemicals gained on fund raising plans. New order energized Suzlon Energy. New order helped recovery for IVRCL Infrastructure shares. Airlines stocks hit air pocket as rupee tumbles. Rupee crossed 52 mark against $. Improved sales showed buying interest in Tata Motors. - 03-03-2009 [More About Market]
Glenmark Pharma led gainers group "A". RIL slipped as share swap ratio favours RPL. Apollo Tyres galloped on buy back plan. Network 18 Media & investments rose after its board approved allotting convertible bonds to founder group at a conversion price of Rs. 110. Bajaj Auto skidded on poor monthly sells. Dewan Housing Finance capitalised on rights issue plan. Bank and Metal shares pulled BSE Sensex down which was already trading in red terrain.- 02-03-2009 [More about market]
US nod for New drug made Dr Reddy's Lab to rise. MRO Tek galloped on nod for buy back. Mastek rose on announcement by the company to launch a new product in US and India. Auto shares and steel shares rose after 2% cut in excise duty. Shares of brokerage and insurance service providers gained as reduction of 2% service tax will reduce the costs sharply. Block deal generated interest in Oriental Bank of Commerce. - 25-02-2009 [More about Market]
REI Agro led gainers in group "A". Alstom Proj., Power Grid, Mah & Mah and Bharat Forge were among other gainers. Auto shares welcomed Finance minister's announcement of an across-the-board cut in excise duty to 8% from 10%. Cement shares built on cut in excise duty on bulk cement to 8% from 10%. L & T recovered from 52-week low on bagging 3 orders aggregating Rs. 1438 crore. Buzz of oil discovery in Krishna Godavari basin helped ONGC to recover from day's low. 19% price cut for its residential project at Chennai damaged DLF. Sugar shares were down as government stepped into rein in prices. - 24-02-2009 [More about Market]
Spice Communications led gainers in group "A". IT stocks harden as rupee weakened. Dish TV spurt on hopes of cut in license fees, Usher Agro was locked in upper circuit of 5% on expansion plan. Cable Corporation slipped as company said its promoters have pledged 31% stake in the company. - 19-02-2009 [More About Market]