STOCK MARKET REVIEW: 6th FEBRUARY 2012
The market today had a upward movement lead by the cement and capital goods stocks.
BSE Sensex ended at 17,707 up 102.35 points or 0.58 % from the last close. It earlier touched a day's high of 17,829 and day’s low of 17,595. NSE NIFTY closed at 5,361 up 35.80 points. The index hit an intra-day high of 5,390 and an intra-day low of 5,327.
The BSE Mid-Cap index gained 1.26% while the BSE Small-Cap index was up 1.43%.CNX MIDCAP 50 index gained 1.50% and S&P CNX 500 was up 0.92%.
THINGS TO KEEP AN EYE ON FOR TOMORROW SESSION:
The global economic scenario and the results of Indian corporate will guide the market.
Nifty Gainers
Today’s nifty top gainer were
- ACC changed 5.74%.With volume 10,351,000
- AMBUJA CEMENT changed 5.22% with volume 8,989,000 and
- SIEMENS changed 4.01% with volume of 4,034,000.
Nifty Losers
Today’s nifty top losers were
- TATA POWER changed -4.26% volumes 6,187,000
- HUL changed -3.20% with volume 32,501,000
- SUN PHARMA changed -2.03% with volume 6,187,000
NIFTY OUTLOOK FOR TODAY 7th FEBRUARY 2012
NIFTY SPOT LEVEL
TREND – moderately negative
SUPPORT AND RESISTANCE:
SUPPORT LEVELS
Support 1: 5325
Support 2: 5250
RESISTANCE LEVELS
Resistance 1: 5395
Resistance 2: 5435
BANK NIFTY FUTURES
TREND- sideways to negative
SUPPORT AND RESISTANCE:
SUPPORT LEVELS
Support 1: 10130
Support 2: 9970
RESISTANCE LEVELS
Resistance 1:10350
Resistance 2: 10540
STOCK CASH PICKS FOR TOMORROW
BHARTI AIRTEL (CASH) SUPPORT 385, 378 RESISTANCE 398, 405.
HINDPETRO (FUTURES) SUPPORT 286, 283 RESISTANCE 290, 300.
