Indian market closing in red can be attributed to investors cashing out of the banking shares on fear that higher oil prices will fuel inflation. To add to the negativity; the information technology shares also plunged due to strengthening of Rupee to five month high. 
In India, the benchmark BSE index ended in the negative territory with a loss of 74.62 points, or 0.38 percent, at 19,612.20, while the broader Nifty index ended at 5,891.75, down 18.30 points, or 0.31 percent, from previous close. Indian market as suggested now will move ahead only once the Nifty 5957 level is conquered with conviction. Good news is that Foreign Institutional Investors have again started pumping in the money and thus to take benefit in specific stocks make use of the day trading tips and make money making a daily habit as money gets additional money from market. FIIS continue to buy shares in India and if we ana;lyse data we find that FIIs have invested Rs 5,595.7 crore in the Indian equities since March 22 to Tuesday. Of the total 3,041 stocks traded, 1,678 advanced, 1,223 declined and 140 remained unchanged. Overall Nifty daily trend still remains on the upside.
Taking cues from foreign companies; Indian auto maker is recalling the cars and in this segment Maruti is now going to recall 13,157 Swift, Ritz diesel models due to a possible faulty engine part.
Let us all support Anna Hazare because what he has done for the nation probably none can ever pay back to the nation and his fight against corruption is just and h has correctly stated that and we quote "Instead of solving the issue of corruption, Government is more bothered about speculating on our movement. I am not a child...I take suggestion from my colleague, but make my own decision. We were not getting any response from the Prime Minister and Sonia Gandhi...that's why I decided to go on fast-unto-death." We feel that govt will give in to the demands of the patriot as his demands are just and cause he is following is right. We salute this single man army as in life every individual does an action for himself or for his family whereas very few people are there in the world who will perform their best to get the best results for the humanity and the betterment of the civilisation.
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Support and Resistances for the Day
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Strong future shares at National stock exchange
OnMobile, Patel Eng, Jindal SWHL, Hind Oil, Alok Ind, Rel Media, STR Tech, Ibrealest, Bata India & LIC Housing.
Weak future stocks at NSE
Pir Health, Nat Alum, Sterling Bio, Hind Uni Lvr, Aurobindo Pharma, Mphasis, Dabur India, Asian Paints, Lupin & Gail.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our share tips website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.
In India, the benchmark BSE index ended in the negative territory with a loss of 74.62 points, or 0.38 percent, at 19,612.20, while the broader Nifty index ended at 5,891.75, down 18.30 points, or 0.31 percent, from previous close. Indian market as suggested now will move ahead only once the Nifty 5957 level is conquered with conviction. Good news is that Foreign Institutional Investors have again started pumping in the money and thus to take benefit in specific stocks make use of the day trading tips and make money making a daily habit as money gets additional money from market. FIIS continue to buy shares in India and if we ana;lyse data we find that FIIs have invested Rs 5,595.7 crore in the Indian equities since March 22 to Tuesday. Of the total 3,041 stocks traded, 1,678 advanced, 1,223 declined and 140 remained unchanged. Overall Nifty daily trend still remains on the upside.Taking cues from foreign companies; Indian auto maker is recalling the cars and in this segment Maruti is now going to recall 13,157 Swift, Ritz diesel models due to a possible faulty engine part.
Forex Market Update
While the ECB has been talking tough on inflation, the Federal Reserve and Chairman Ben Bernanke has insisted inflationary pressures are transitory. The Fed has left interest rates at effectively zero and has given no indication that it may scale back its $600 billion quantitative easing program. It is worthwhile to note that dollar has dropped to its lowest in more than a versus the euro on Wednesday, amid growing speculation the European Central Bank will begin to tighten monetary tomorrow.Let us all support Anna Hazare because what he has done for the nation probably none can ever pay back to the nation and his fight against corruption is just and h has correctly stated that and we quote "Instead of solving the issue of corruption, Government is more bothered about speculating on our movement. I am not a child...I take suggestion from my colleague, but make my own decision. We were not getting any response from the Prime Minister and Sonia Gandhi...that's why I decided to go on fast-unto-death." We feel that govt will give in to the demands of the patriot as his demands are just and cause he is following is right. We salute this single man army as in life every individual does an action for himself or for his family whereas very few people are there in the world who will perform their best to get the best results for the humanity and the betterment of the civilisation. Click Here to Get Free Stock Market Tips in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5860 | 5956-6020 |
| Sensex | 19560 | 19842-19991-20062 |
| Stock | Profit (Rs) |
| Tip | 1130 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 22980 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 45870 |
Strong future shares at National stock exchange
OnMobile, Patel Eng, Jindal SWHL, Hind Oil, Alok Ind, Rel Media, STR Tech, Ibrealest, Bata India & LIC Housing.
Weak future stocks at NSE
Pir Health, Nat Alum, Sterling Bio, Hind Uni Lvr, Aurobindo Pharma, Mphasis, Dabur India, Asian Paints, Lupin & Gail.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our share tips website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.
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