Swastika Investmart Limited

The third day of the trading week, the head of the Indian stock market indices closed with losses. 

At the end of the business index (Sensex) 79 points, or 0.32%, with a decline of up to 24,298. Nifty shed 23 points or 0.31% to close at 7253. CNX Midcap (CNX Midcap) gained 0.74%. 

BSE Midcap (BSE Midcap) of 1.34% & the BSE Smallcap (BSE Smallcap) of 1.84% were strong. Today, capital goods & banking sectors in terms of the highest selling heavily.

Mixed Asian cues amid weakness coincided with the start of the domestic market. In early trading, the market slipped into the red after losing a market edge. After this the market is traded in an extremely narrow range. European markets – Bach combined approach increased the pressure on the domestic market. 

As above – As business grew, increasing the market went down. In afternoon trading, the Sensex & Nifty 23,972 7153 Day Down levels Have dropped. However reduction in afternoon trading market went down. Finally, the Sensex – Nifty closed at the fall in business today.

In terms of regions, today the capital goods sector was the highest 1.63% decline. Banking 1.07%, consumer durables by 0.42% HealthCare to 0.42% Gas & oil – is the weakness of 0.26%. On the other hand, Realty was strong of 1.90%. IT 0.64%, 0.64%, FMCG, Auto 0.50%, 0.44% in TECK the metal gained 0.27% & 0.18% in power.

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 Market CLosed : Nifty fall 7253, the Sensex 79 points down

NHPC shares to be continued investment from the perspective of 2-3 months. The stock at current levels could also be a new Buy. Next 2-3 months can show stock in levels Rs 29-30.

Elder Pharma has recently sold its major divisions. It is not possible to share a special edge look. Elder Pharma to sell such shares as may be appropriate.

Investing in shares is advised to maintain. Jubilant Foodworks Reduced from Rs 1,202 to Rs 1,197 is the Targets.

Idea Cellular’s stock is trading in a narrow range of 4-5 months. Shares of Rs 150 level is critical. If the shares crossed Rs 150 to Rs 180-185 levels, it can also be seen. RCOM has been much like the telecom sector.

Punj Lloyd at Rs 43-44 should watch today. If it does exceed the level of the stock may rise strongly. Should invest in the stock decline. Shares may be purchased with a stop loss of Rs 40. Punj Lloyd Strong may well be looking at levels of up to Rs 58.

PSL’s fundamentals are bad enough. While the stock did not share in the market is bullish. The strategy of selling shares to existing investors must make.

Power stocks CESC looks pretty good. There is good Buying yesterday showed. In stock in 2-3 days can get to see the level of Rs 580-585. Stop loss at Rs 558 in stock can be planted.

Now is the time to build a portfolio. IT stocks should fall Buying. IT stocks Infosys can be purchased at Rs 2700-2750. FMCG ITC can also falling and I can purchase it is at Rs 325.

Infrastructure stocks GMR Infra with a target of Rs 38-40 can be purchased. May rise up to Rs 3.50 in stock immediately. HSBC transport can be the target of Rs 190. Shares may be purchased from the trading perspective.

Edelweiss Financial Services looks pretty good. It may be buying for a longer period. Is expected to Strong in stock and can go up to Rs 67-68.

Once notified, the upcoming Indian standards will have to be adhered to by global handset makers such as Samsung, Nokia, Apple, Sony, BlackBerry, Huawei and ZTE and domestic producers like Karbonn, Micromax, and Lava among others.

"An option of enforcing Indian standards for mobile phones is to assist BIS in framing and notifying them to make them compulsory under the BIS (Bureau of Industrial Standards) Act and Rules," says an internal telecom department note.

The government currently does not have the legal authority to locally test imported consumer goods like mobile phones.

The move to explore the BIS Act comes since no decision has been taken on earlier plans to amend the Indian Telegraph Rules (ITR), 1951, to give telecom department the necessary legal teeth to screen handsets in India.

The matter was recently discussed in a DoT meeting attended by top representatives of its technical arm, Telecom Engineering Centre (TEC), and BIS.

The latest developments come at a time when BIS is framing safety and performance standards for locally manufactured cellphones and imported devices.

DoT is also establishing a Telecom Testing & Security Certification centre, which will lay down local testing ground rules.

But local testing is unlikely to happen anytime soon as accredited local test labs haven't seen the light of day yet even though the government is drafting guidelines on specific tests to be undertaken, the testing tools and the compliance template for all telecom network elements.

The compliance template for handsets will be formalised in consultations with BIS once it is ready with Indian standards for cellphones.

In a related development, DoT has decided to exempt mobile handsets being imported into India purely for R&D work, and not for sale, from the country's radiation rules, provided such import consignments for research are "really tiny".

While DoT wants handset makers to ensure the specific absorption rate or `SAR' value of all locally manufactured and imported mobiles is a maximum 1.6 watts per kg, it has decided to relax the rule if "a maximum of two samples of each handset model are imported purely for R&D," a related department note shows.

Cellphone radiation varies from handset to handset and is measured in terms of its specific absorption rate (SAR) value -- the count that specifies the amount of radio waves absorbed by the body when using a mobile phone.

Courtesy: economictimes

Intraday Calls
Buy PNB at a stop loss of Rs 843 and target Rs 880.

Rupee is expected to open around 59
Rupee – Dollar: Sell, stop loss -59.50, Target -58.50

Tuesday History increasingly visible in the domestic markets. Sensex and Nifty on the third day reached new heights. However, after reaching the peak pressure on the markets showing profit. Still Sensex – Nifty closed at 1.3 per cent. Additionally, the Midcap and Smallcap stocks also attended Tuesday’s rally.

The election results are not expected until the big drop in the market. The market is bullish because FII buying. In terms of long-term foreign investors are putting money in the market.

Research Advisor must find investors the opportunity to purchase. If the market falls, so Buying can be. Because of the possibility of the NDA government has market rally. Climb up the market even further from current levels. However, soon is difficult for Nifty to go above 7200.

Asian markets mixed, SGX Nifty Strong

In addition to firming trend in the Asian markets Nikkei is visible. Straits Times is up nearly 1 per cent. Kospi 0.75 percent stronger. Hang Seng is also edge. The Shanghai Composite Index and Taiwan are sluggish. The Nikkei is weak.

SGX Nifty today for the domestic market are positive signs. SGX Nifty gained 0.25 per cent is trading above 7150. SGX Nifty Nifty moves in the domestic market shows.

The Dow Jones closed at record levels again, the S & P 500

On Tuesday, the Dow Jones and S & P 500, create new records again. The Dow Jones closed at record levels for the third consecutive trading day. On the second day the S & P 500 closed at a new high. Dow Jones and S & P 500 during business 16 735 1902 created a new life high. S & P 500 crossed the 1900 level for the first time.

Climb to record levels after the U.S. market closed flat stages. 16 715 Dow Jones and S & P 500 gained 20 points to close at nearly 1 point higher in 1897. However, there was weakness in the Nasdaq Composite. Nasdaq Composite fell 14 points to close at 4130. However, in the U.S. in April, retail sales grew just 0.1 percent.

Commodity Market News crude oil Close to $ 102, gold slow

Continues the trend of crude oil in the international market strongly. NYMEX crude oil is approaching $ 102. The price of Brent crude is closer to $ 109.

However, because of the global equity markets has put pressure on gold. Comex gold is at $ 1293. Silver is trading at 19.5 dollars.

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Markets showed impressive rally on Monday. Sensex closed above 23500 and Nifty beyond 7000. Exit polls are polls indicate that the NDA will form the government. Polls can be found in the NDA 270-282 seats.

Market Editor, Source Exit polls say that the market will continue to Strong. However, volatility may appear on the market. 2 days after buoyant market may see profit at the upper levels.

Today Nifty Trading Trend will appear in an attempt to climb to the level of 7100-7150. 7000 will be the key support for the Nifty. Strongly visible due to short covering in the market. SGX Nifty are signs Uforia was made on the exit polls, it is less.

Midcap and Smallcap stocks veterans instead of going to see much faster. According to the May 16 elections while market expectations could rally again.

Asian Markets: SGX Nifty at 7100

Asian markets today are signs of strength. SGX Nifty is at 7100 with a gain of 0.8 per cent. Ie the domestic market Nifty may cross 7100.

The Nikkei gained 1.75 per cent in the rest of the Asian markets. Is kospi 1 per cent. Taiwan Index, Hang Seng, Shanghai Composite is 0.7 to 0.2 per cent growth. Straits Times is off today.

Dow Jones, S & P 500 closed at a new high

Strong appeared in U.S. markets on Monday. Return of investors in shares of beaten market trends appear to have reached a new height. IT stocks rose particularly

Record S & P 500 rose 1 percent to close at 1897. The Dow Jones rose to 0.7 per cent with a record 16 695. Nasdaq Composite gained 1.72 per cent to close at 4144.....Read More