|
Pre-market: Positive start likely on Asian support
|
Tuesday, January 1, 2013 |
| 
| January 02, 2013 | 8.30 AM | Positive start likely on Asian support The Indian markets are expected to open in the green zone tracking positive Asian cues. SGX Nifty is also trading 74.50 points higher. | | | | | | Headlines for the day | - Hero MotoCorp posts marginal rise in sales
- OBC cuts interest rate on home loans by 0.1%
- NMDC in talks for coking coal mines in Russia, Mozambique
| Events for the day | - India December Markit Manufacturing PMI
| | | STOCK TO WATCH |  | | | | | | | FOREX |  | | | | | | | | | | | | INDIAN INDICES |  | | | | | | Indices | Support | Resistance | | | | | The Indian stocks are expected to open on a positive note led by big rally in Asian markets. SGX Nifty is also trading 74.50 points higher. On Tuesday (January 1, 2013), the Sensex closed at 19580, up by 154 points while the Nifty settled at 5950, rising by 45 points. | | | | | FII/MF ACTIVITIES |  | | | As on 31-12-2012 | FII (Rs cr) | MF* (Rs cr) | | Gross purchase | 1599.30 | 289.90 | | | Net investment | 871.50 | (110.80) | | | | Daily trend of FII/MF investment in equities The FIIs have been the net buyers Indian stocks to the tune of Rs871.50 crore on December 31, 2012. The domestic investors sold Indian shares worth a net of Rs110.80 crore on December 24, 2012. The data is as per the SEBI website. | | | | GLOBAL INDICES |  | | | | | | | Asian stock markets started new year trading with tentative gains as investors anxiously wait to see if the US Congress can strike a last-minute compromise and avert the harsh "fiscal cliff" tax rises and spending cuts that are technically already in force. The European shares and US stocks remained closed on Tuesday (January 01, 2013) on account of New Year holiday. | | | | | | Commodity cues Crude oil prices rose on Tuesday | COMMODITIES |  | | | Commodity (MCX) | Price (Rs) | % Chg | | | | | | | | | | | | Manage your newsletter subscriptions | | | | | | | | |
| | | To know more about our products and services, click here. | | | | Sharekhan Ltd. Regd Add: 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. Tel: 022 - 61150000. BSE Cash-INB011073351; F&O-INF011073351; NSE - INB/INF231073330; CD - INE231073330; MCX Stock Exchange : CD - INE261073330 DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP000000662; Mutual Fund: ARN 20669. | | | | | | "This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report. The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees ("SHAREKHAN and affiliates") are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN." | To unsubscribe write to mailto:retail@sski.co.in?subject=Unsubscribe
| | | |
posted by Anonymous @ 7:29 PM  |
|
|
|
|