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About Today's market

The key benchmark indices were trading higher in afternoon deals led by gains in metal, realty, oil & gas and IT stocks.
Volatility ruled the roost on the bourses with the Sensex recovering soon after hitting intraday low in early afternoon trade. The Sensex was up 0.5 per cent to 8,472. The Nifty gained 1 per cent to trade at 2,648.

The severe global economic crisis, a slowdown in the domestic economy, a weak rupee and sustained selling by foreign funds, however, weighed on the investor sentiment.
Key benchmark indices opened firm tracking recovery in Asian stocks but soon slipped into the red for a brief period before regaining positive zone. The market weakened again in morning trade before cutting losses. It later moved between positive and negative zone. The market weakened again with Sensex hitting intraday low in early afternoon trade. The market soon cut loss. It later moved between positive and negative zone.

There has been heavy selling by foreign funds this year. FII outflow in February 2009 totaled Rs 2707 crore. FII outflow in calendar year 2009 totaled Rs 7418.80 crore (till 2 March 2009).

Asian stocks staged an intraday rebound today, 4 March 2009. China's Shanghai Composite index was up 6.21% after the latest data showed the pace of contraction in the manufacturing sector eased in February 2009.

ICICI bank stocks tips

CI BANK LTD 292.1000 -3.5000 ( -1.1840 %)

Highlights	Query	Analyst Call
52 Week High: 1060 One Week Change: -9.82% One Month Change: -21.33% One Year Change: -68.80%	Sudhir Dure, a software engineer from Bangalore, asks if he can buy ICICI Bank at current levels.	The stock is likely to be volatile in the near future. The investor can wait for now and look to enter the stock at Rs 250 levels.

Market trends

Tracking losses in world markets, the key benchmark index ended at its lowest closing level since November 10, 2005. The Sensex fell 180 points to end at 8,427, after a plunge in the late trade.

Markets today

Despite a major crash on the Wall Street wherein the Dow dropped over 4% to close below the 7,000-mark for the first time in 12 years, the Sensex opened just 24 points lower at 8,583 as recovery in other asian markets helped sentiment.

The index rebounded into the positive zone and touched a high of 8,635 backed by fresh buying in cement and realty stocks. Fresh selling in late noon trades saw the index slip back into red and extended losses towards the close.

The Sensex dropped to a low of 8,397, and finally (provisional) ended with a loss of 196 points at 8,411.

3rd Economic stimulus for Indian Industry

Giving relief to the industry reeling under the impact of slowdown, the government today reduced the rates of excise duty and service tax.
While the general excise duty has been reduced from 10 per cent to 8 per cent, the rate of service tax has been cut from 12 per cent to 10 per cent.
Four per cent excise cut announced earlier in the stimulus package in December will continue beyond March 31, Finance Minister Pranab Mukherjee said while winding up the debate on the Interim Budget in the Lok Sabha today.
The Lok Sabha later approved the Interim Budget by voice vote, amidst a walkout by the Opposition BJP and erstwhile supporters Left parties.
Mukherjee further said that duty on bulk cement has been reduced from 10 per cent to 8 per cent.

Markets are on Leave

Markets are on leave today due to Maha Shivarathiri.

Markets trend

In the earlu tradin BSE shows some upward trend with touching 9079 points by a gain of 64.73 points so far.
I think this may continue for the rest of the day too.

Todays market

After a brief loss session, the market now gains some points and showing a slight upward trend now with touching 9082 points mark.

Markets today

In the early trading markets opened in Red.
by now at 10 Bse sensex is at9562 down 55.92 points.
Hope to go in green once the President speech delivered in Parliment, as it may contain some economic stimulus packages outline.

Markets on 10/02/2009

Equity Markets For The Day

The Sensex ended the day with a gain of 63.58 points, or 0.66% at 9,647.47. The broad-based NSE Nifty climbed 14.60 points, or 0.50% at 2,934.50

Top Gainer were DLF(8.40%),BHEL(4.11%),M&M(3.81%),L&T(3.05%),Rel Comm(2.88%).

Major losers were Rel Infra(2.86%),Tata Steel(2.20%),Hindalco(2.07%),Tata Motors(2.01%),ITC(1.94%).

Overall market breadth was positive. Out of the total 2,576 stocks traded at BSE, 1,387 advanced, 1,080 declined while 109 remained unchanged.

Sun TV Interim Dividend

Sun TV
Scrip Code 532733
Sun TV has announced an interim Dividend of 30% for the 3rd quarter ended 31st Dec,2008.
The record date is 3rd Feb,2009 and dividend is payable after 5th Feb,2009.

Mid Day Review

The markets as said earlier started of in good note and continuing in the bullish trade and hope to end in the same way also.
Till Now market earned 259 points for the day.
Some tips for the day in the remaining session

SATYAMCOMP

Buy

Above 40

38

43-46

Intraday

Tips for the Day

As most of the stock arkets yesterday went in Green, the Indian market also expected to fall in line with it.

	Australia	ASX 100	+75.50	+2.74%	2,826.10
	Australia	ASX All Ords	+82.30	+2.49%	3,382.60
	Australia	ASX Mid-cap 50	+50.20	+1.63%	3,130.20
	Hong Kong	Hang Seng	-79.39	-0.63%	12,578.60
	Hong Kong	HSCC Red Chip	-14.94	-0.52%	2,873.42
	Japan	Nikkei 225	+303.77	+3.95%	7,985.91

Belgium	Bel 20	+49.84	+2.72%	1,884.03
	Europe	DJ Stoxx	+62.01	+3.26%	1,963.78
	Europe	Euronext 100	+18.64	+3.75%	516.35
	Europe	Euronext 150	+23.70	+2.72%	893.18
	France	CAC	+106.23	+3.73%	2,955.37
	France	SBF 80	+95.75	+3.00%	3,285.61
	France	SBF 120	+74.77	+3.63%	2,131.93
	Germany	DAX	+147.93	+3.54%	4,326.87
	Germany	MDAX	+163.27	+3.43%	4,927.47
	Germany	TECDAX	+9.92	+2.20%	459.81
	Netherlands	AEX	+13.74	+5.87%	247.88
	Norway	BRIX	0.00	0.00%	3,954.43
	Norway	OSE Industry	+5.57	+0.33%	183.01
	Sweden	OMX	+19.13	+3.17%	623.25
	Sweden	OMSX All Share	-1.49	-0.79%	187.93
	UK	FTSE All Shares	+74.88	+3.69%	2,105.48
	UK	FTSE Eurotop	+54.09	+3.30%	1,695.44
	UK	FTSE Techmark	+17.31	+1.40%	1,257.30

So Indian markets may also go upwards in trend.

60th Rebuplic Day

As India celebrates its Diamond Jubilee Rebuplic Day the markets are closed down today.

BSE Today

The BSE closed the day in red with 139.49 points to a close of 8674.35
Major gainer for the day was

532466	ORACLE FIN	A	455.00	499.90	455.00	489.55	450.80	38.75	8.60
500087	CIPLA LTD.	A	177.20	191.70	175.00	186.65	172.85	13.80	7.98
532799	AKRUTI CITY	A	734.40	810.00	720.05	798.60	739.75	58.85	7.96
500271	MAX INDIA L.	A	103.00	110.90	103.00	108.60	102.15	6.45	6.31
532106	REI AGRO LIM	A	581.00	640.00	570.05	610.00	575.25	34.75	6.04
532775	GTL INFRAST	A	30.30	31.90	30.10	31.55	30.45	1.10	3.61
532544	INDIABULLS	A	86.00	92.70	85.85	91.55	88.45	3.10	3.50
500493	BHARAT FORGE	A	72.00	77.00	71.30	76.00	73.60	2.40	3.26
532391	OPTO CIRCUIT	A	84.90	88.15	82.00	87.35	84.90	2.45	2.89
531642	MARICO LTD	A	58.20	60.40	57.55	59.80	58.30	1.50	2.57
532517	PATNI COMPUT	A	112.00	117.00	109.05	117.00	114.30	2.70	2.36
500038	BALRAMPUR C*	A	51.00	53.40	49.30	52.25	51.05	1.20	2.35
500820	ASIAN PAINTS	A	899.00	935.00	890.00	922.60	903.85	18.75	2.07
500114	TITAN IND.	A	876.00	924.80	876.00	911.80	893.75	18.05	2.02
532822	IDEA CELL	A	43.10	44.80	42.15	42.90	42.05	0.85	2.02
512299	STERL BIOTEC	A	157.70	160.85	157.00	159.65	156.50	3.15	2.01
500570	TATA MOTORS	A	135.80	139.75	130.10	135.10	132.70	2.40	1.81
500325	RELIANCE	A	1,139.70	1,174.35	1,120.00	1,153.15	1,132.95	20.20	1.78
500002	ABB LTD	A	443.00	453.00	421.00	447.55	440.05	7.50	1.70
503100	PHOENIX MILL	A	64.50	67.90	62.60	66.55	65.55	1.00	1.53

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