Markets
BSE See NSE See 39,131.04
234.33 (0.6%)
collapse Related Readings collapse

Informed Intelligence

| 10/18/2012 9:00 PM Thursday

LOOKING STRONG

DENA BANK

BSE Code: 532121
CMP: Rs 107
Volume: 329141

The volumes in this counter are on the higher side, and the stock has been witnessing good buying interest for the last few sessions. The buzz in the market is that it is expected to perform well going ahead. According to market sources, some big players and some of the large domestic fund houses have taken long positions in the stock. They are expecting it to move up based on its second quarter performance, which is likely to be good. The stock can be looked at from a short-term trading perspective.

TECH BUZZ

HCL TECHNOLOGIES

BSE Code: 532281
CMP: Rs 584
Volume: 31907

The stock has been witnessing good volumes in the last few trading sessions, and has remained one of the favourite counters among traders. According to market sources, the stock is likely to witness a further upward move from its current levels. Domestic fund houses and large market participants have entered the stock and expect some positive announcement from the company in the near future. The positive results for the September quarter will also act as a trigger. Therefore, the stock can be looked upon for short-term trading gains.

SHINING BRIGHT

BLUE STAR

BSE Code: 500067
CMP: Rs 207.60
Volume: 11000

The stock has been moving up and down in the same range for quite some time now. There has been a good accumulation in the stock over the past one week, which is quite evident from the increased volumes in the counter. Our sources suggest that some large institutions are taking a keen interest in the stock and have been accumulating it over the last fortnight. The stock is likely to witness an upward move in the short term.

ROLLING ALONG

APOLLO TYRES

BSE Code: 500877
CMP: Rs 85
Volume: 304000

The volumes in this counter have been on the higher side, but the price movement is not as much as it should have been. It has been consolidating and witnessing a range-bound move for some time now. It has been heard that many big ticket investors and market participants are keeping a close watch on the company and are slowly building their positions in the stock. Market sources also suggest that long positions have been created in the stock by some big market participants. The stock can be looked at for short-term trading gains.

 

Find More Articles on: DSIJ Magazine, Informed Intelligence, Product, Large Cap, Mid Cap, PSU

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.