Recap:
It was a great day with almost all the recommended stocks hitting upper circuit. Xpro was fr4ozen at upper circuit of 5%, similarly Alps gave a profit of Rs 7/-, laopala gave a profit of rs 9/-, Granules gave a profit of rs 11/-, Crompton greaves gave a profit of Rs 4/-, Purvankara gave a profit of rs 37/-, reliance gave a profit of rs 30/- and clutch auto gave a profit of Rs 12/-.
Market Day Diary:The market saw a lot of drama in 2007 but India's long-term story is intact and the market closed on a fantastic note today. Sensex closed at 20286, up 80 points and Nifty at 6138, up 58 points from the previous close. The CNX Midcaps Index was up 2.2% and BSE Smallcaps Index was up 3.4% The market breadth was strong with advances at 1038 against declines of 197 on the NSE. Top Sensex gainers included Bharti Airtel, NTPC and M&M, while losers included HDFC, Ambuja Cements and Infosys. Top Nifty gainers included BPCL, Tata Power and Cairn India while losers included Nalco, Sterlite and Reliance Energy.
World key Indexes:
SENSEX 20286.99: +80.04
NIFTY 6138.60: +58.90
FTSE 6450.90: -26
NASDAQ 2674.46: -2.33
DOW JONES 13365.87: +6.26
NIKKEI 15307.80: -256.91
Stock Market Likely Direction: Market is in uptrend and watch if Sensex 20000 level is broken as it is a psychological barrier and its break may lead to profit booking. Use Stop loss as Profit Booking may commence in Euphoria. Keep on booking Profit as nobody has gone broke boking profit.
Strong Future Stocks
India Infoline
IOC
Lanco Infratech
Essar Oils
Ansal Properties
Bharat Petroleum
Shipping Corpn
Educomp
Alok Industries
Pantaloon
Weak Future Stocks
JP Associates
Shree Cements
Amtek Auto
Bajaj Auto
ACC Ltd
ABB Ltd
IFCI Ltd
Maruti
Crompton Greaves
Hero Honda
Federal Bank
Free Indian Stock Tips:
Buy Crompton greaves>395.1,398,399.9,404 sl 392.8
Buy Xpro India>50.1,53 sl 47.2. Now Xpro India has been recommended as a power stock by one of the analyst on CNBC website.
Buy Neyveli Lignite>262.1, 264,269 sl 258.8
Buy Reliance>2901.1, 2918,2949 sl 2893.8
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Tuesday, January 1, 2008
Posted by
Pravish
at
1:40 AM
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