IOC REC @420 BOOKED @432 PROFIT 7200
BANK INDIA REC @282 BOOKED 291 PROFIT 10450
AXIS BANK REC @654 BOOKED @674 PROFIT 4500
Again buy call Axis bank @676 BOOKED 696 PROFIT 4500
BANK BARODA REC @304 BOOKED @317 PROFIT PROFIT 7200
HERO HONDA REC @834 BOOKED @844 PROFIT 4000
TATA CHEM REC @265 CLOSED 276 PROFIT 7425
TOTAL PROFIT 50275
pnmm18@yahoo.co.in / 09908326842 / 09393937343
POST MARKET ANALASYS from source
Markets took a U-turn in late trade and bounced back quite sharply as buying was seen in public sector banks and oil stocks Short covering also triggered the rally. Benchmark indices closed mixed and the Nifty has broken five-day losing streak. This late trade recovery was led by most beaten down stocks like Reliance Industries, SBI, HDFC Bank BHEL and Reliance Power.Markets had started lower with sharp reaction to bad global cues as CREDIT concerns are still not over in the US financial space, where AIG is downgraded by three Credit rating agency. Indices remained weak till 2:30 pm and was witnessing a bit of volatility but Dowjones and Nasdaq Futures trading marginally in green have given positive indication that might be a relief rally in US markets. It was in the anticipation that Fed may cut rates by 25-50 bps, which will provide liquidity in markets to some extent.The Sensex has recovered nearly 467 points and the Nifty 155 points from days low of 13,051.73 and 3919.35, respectively. The Sensex closed with a loss of 12.47 points or 0.09% at 13,518.80 while the Nifty rose 2 points or 0.05%, to settle at 4074.90.Nifty ended at a premium of 18 points. There was mix of short covering and long build up in banking stocks. ICICI Bank continued to see short build up and saw addition of 32% in Open Interest. Metal stocks continued to see short build up. PCR fell to 0.84 versus 0.89 on Monday. Call buying was seen in 4100-4200 strike prices.Tata Communication shot up 7.77%, SBI 6.49%, Sterlite Industries 2.66%, Reliance Industries 2.35%, HDFC Bank 2.16%, ITC 2.16%, NALCO 4.07%, BPCL 3.88% and Hero Honda 3.36%. However, ICICI Bank plunged 5.82%, Jaiprakash Associates -5.09%, Maruti Suzuki -3.55%, Ranbaxy Labs -3.23%, Satyam -3.21%, Suzlon Energy -5%, Sun Pharma -3.58% and Cairn India -3.52%.BSE Oil & Gas Index gained 113.67 points or 1.29%, to close at 8,928.13. BPCL, HPCL, Reliance Inds and Essar Oil rose 2-4%. Reliance Petroleum, IOC and Aban Offshore were up around 1%. Crude was hovering around USD 92 to a barrel on the NYMEX.Bankex rose by 60.39 points or 0.89% to 6,852.41. Andhra Bank, Canara Bank, SBI, IOB, Allahabad Bank, Axis Bank, Bank of India, Union Bank and Bank of Baroda jumped 5-7.5%. Oriental Bank, Yes Bank, IDBI Bank, PNB, HDFC Bank and Karnataka Bank rose 2-4%.FMCG Index was up by 0.21% to 2,180.56. Britannia was up 4% followed by ITC and GlaxoSmith Consumer, which rose 2% and 0.8%, respectively.BSE Midcap Index slipped 71.34 points or 1.35% to 5,217.25 and Small Cap Index fell 91.06 points or 1.43% to 91.06.Anant Raj Inds, Madhucon Projects, Adhunik Metalik, Shoppers Stop, Shree Precoated, Gujarat NRE Coke, Prakash Inds and JM Financial were down by 8-15%.Prithvi Info, Emkay Global, Arihant Foundation, Diamond Cables, Usher Agro and IOL Netcom fell 10-20%.Turnover was a bit on the same levels of Mondays. It stood at Rs 74,013.27 crore. This includes Rs 12,307.11 crore from NSE Cash segment, Rs 56,509.60 crore from NSE F&O and balance Rs 5,196.56 crore from BSE Cash segment.
