For updates visit

Markets on Friday: Market ends flat amid volatile trade, RIL down 1.6%, Wipro down 1.4%, BHEL down 3%, Sterlite down 2.3%

Friday, June 22, 2007

Inconclusive session of trade today; Market ends flat amid volatile trade.

CNX Midcap and BSE Small-cap Index ends flat

BSE Oil & Gas down 1.1%; RIL down 1.6%, IPCL down 1%, RPL down 0.7%

BSE IT Index down 0.78%; Wipro down 1.4%, Satyam down 1%

Index Losers; BHEL down 3%, Sterlite down 2.3%, Siemens down 2.1%, Tata Steel down 1.5%

NSE Advance Decline at 1:1. Total market turnover at Rs 52487.3 crore Vs Rs 57339.75 crore on Thursday

Inflation for week ended June 9 at 4.28% Vs 4.80%; market estimate at 4.43%. Inflation at 57-week low.

Small Cap Buzz:

Sathavahana Ispat: co-gen power plant is in final stages of commissioning
Kajaria Ceramics: board meet on Jun 29 to consider dividends
Vimta Labs; extend gains; stock up 40% in last 2 days
Vakrangee Software: extend gains on back market rumors of some govt order
Malu Paper: has retraced its issue price of Rs 30/sh; still off nearly 25% from its 52-week high of Rs 44.15

Mid-cap Buzz:

Avaya Global: open offer from Avaya Inc to be announced anytime
Gati: buzzing on expectations of good results during end of June
Rico Auto: Forms 50:50 JV with Germany-based Continental AG to manufacture Hydraulic Brake Systems
Gujarat Sidhee: volume almost 10x 10-day average
Educomp: raises m Via FCCB at conversion price of Rs 2949.83/sh

Posted by FR at 10:47 PM  

0 comments:

Post a Comment

IMPORTANT DISCLAIMER

Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.