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Indian share markets were not immune to cockroaches which have been hiding in form of Greece and Portugal were the major culprit for today down fall in the market. The downgrade of Greece and Portugal by S&P was the reason which saw a sell in Asian and European The market breadth was negative with advances at 201 against declines of 1085 on the NSE. Do check out these Jackpot Tips which has the potential to help you make another Rakesh Jhunjhunwala as our tips ensures that one is making money daily and thus amassing wealth in a slow and steady manner and that is the reason probably Google has considered us as the free money making websites in India and has given us commendation for the same by ranking us high in its search rankings. We have seen RNRL rise on the hopes that the verdict in the court case between the Reliance and RNRL may go in favour of RNRL and same is likely to be announced shortly.
Indian stock market results
Bharti Airtel Q4 results have come in with consolidated net sales at Rs 10055.7 crores versus Rs 9772.2 crores (QoQ) and consolidated net profit is at Rs 2055 crores versus Rs 2209.8 crores (QoQ). Market has actually not liked its deal with a foreign company considers its takeover as a liability for Bharti. Though Bharti is rolling out international plans like one sim card for 190 nations, however still we are yet to get a sim card which will function from a single network through out in India.
Derivative Data Analysis
The analysis of Futures and Options data suggests that long position is being made by operators at lower. Options data suggests that volatility will be the order of the day on the day of derivatives expiry.
Click Here to Get Free Stock Market Tips in EmailIndices | Support | Resistance |
Nifty | 5149 | 5280-5451 |
Sensex | 17170 | 17580-18112 |
Stock | Profit (Rs) |
Tip | 2175 (Rs 50,000 Trading) We knew the trend of the market was not suitable for trading and thus they were provided with both buy and sell call and each yielded handsome returns. |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 13540 |
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 29630 |
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Economic market News
India rates not seen rising in short term: Montek
$75 bn global risk capital to flow into India: IDG
Suzlon arm REpower-built Germany's first offshore wind farm 'alpha ventus' starts operation and Suzlon Energy forms JV with Volkswind to develop wind energy market in Bulgaria
Suven Life Sciences secures Product Patents from India and New Zealand.
Reliance Industries hits black gold in Cambay Basin.
NSE strong future
Indian Bank, DCB, LITL, Bank of India, Bank of Baroda, Andhra Bank, Yes Bank, ALBK, Power Grid & GE Shipping.
NSE Weak futures
Balrampur Chini, Renuka, Triveni Engg, Bajaj Hind, Tech Mahindra, HDIL, Maruti, McDowell, Sail & Suzlon.