STOCK MARKET CALLS| NIFTY OUTLOOK|ANALYSIS 26TH APRIL 2012

NIFTY OUTLOOK FOR  26TH  APRIL 2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT 1	5160
SUPPORT 2	5120
RESISTANCE 1	5235
RESISTANCE 2	5375

BANK NIFTY FUTURES

TREND- BEARISH

SUPPORT 1	10040
SUPPORT 2	9930
RESISTANCE 1	10275
RESISTANCE 2	10390

EXPERTS VIEW

Expiry of the eye on the market: Udayan Mukherjee

CNBC - TV -18 's Managing Editor, Udayan Mukherjeesays that the expiry of April series, which is crucial for the market, the expected expiry date of the day the market will stabilize. While India's outlook negative by S & P on Wednesday that the market has declined, the Sensex managed to close above the 5,200 emerged.According to Udayan Mukherjee, better global cues remain, the U.S. Federal Reserve's interest rates unchanged. The firm has seen the U.S. markets. But the high price of Brent crude to the market still remains a concern.

STOCK MARKET REVIEW: 25^TH APRIL 2012

BSE Small-Cap index was down by 0.53% while the BSE Mid-Cap index finished 0.55% down.CNX MIDCAP 50 index was down 0.80% and S&P CNX 500 was down around 0.43%. The SENSEX closed 56 points down at 17,151 and the NIFTY stood at 5202, down by 20 points.

BSE SENSEX and NIFTY resulted in a volatile session on WEDNESDAY ahead of futures contracts expiry by tomorrow. The fuel in falls had been added as foreign rating agency Standard and Poor (S&P) rated the overall Indian growth outlook as negative took the NIFTY below 5200 level and SENSEX lost 188 points in the mid session. Markets were weighed down by banking stocks, technology stocks and ONGC while recovery in Reliance Industries, L&T, Bharti airtel and Auto stocks supported to trim the losses as Auto major Heromoto Company rose by 2 percent approximately. 

Nifty Gainers

Today’s nifty top gainer were

HEROMOTO changed 2.34% with 5, 03,959 volumes

STER changed 2.22% with 40, 85,184 volumes

SESAGOA changed 2.08% with 29, 28,592 volumes

Nifty Losers

Today’s nifty top losers were

WIPRO with volume 60, 26,415 and changed -6.99%

RPOWER with volume 60, 65,685 and changed -3.95%

GAIL with volume 22, 43,456 and changed -3.43%

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