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Articles: Stock Market
Stock Market- Live Update 28.10.05
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Date 28th OCT 2005 IMPORTANT INDICES INDEX CURRENT CLOSING NET CHANGE sensex 7799 -176 Nifty 2353 -55 BANK NIFTY 3944 -184 Cnx Mid cap 3470 -66 Cnxit 3202 -70 Today's Market Activity Report : Sensex closed below 2 months low.Heavy selling taken place due to Expiry of Oct month contracts. Bank stocks slipped due to disappointing of SBI Q2 Results.Market sentiment has damaged due to disappointing result of SBI & Bharti tele.Sensex moved in negative territory through out day witnessed a sharp fall during the last half an hour of trade. FIIs selling on wednesday ay worth of Rs 453.60 cr. Total FIIs selling in this Oct month will come to worth of Rs 2,721 cr (as on 26 Oct ). Market analsys : Market closed at 7800 which one of the good support. If by chance market closes below 7800 which will lead to further fall. Advances 193 Declines 652 Unchanged 13 Gainers- Losers Close Price Prev. Close % Change GLAXO 898.20 868.60 3.41 VSNL 278.10 309.55 -10.16 HEROHONDA 721.05 705.35 2.23 BHARTI 310.55 336.75 -7.78 HDFC 944.35 926.80 1.89 HCLTECH 420.85 454.95 -7.50 M&M 365.05 361.40 1.01 SBIN 830.95 884.75 -6.08 ONGC 935.60 930.90 0.50 ICICIBANK 479.90 510.80 -6.05 All levels meant for day trading .Today we are providing only nifty levels. INDEX INFORMATION NIFTY FUTURES (2348):TREND DECIDER IS 2352 Unless until sustain or close above 2385,weakness will continue. Supports are 2330/2300. Resistances are 2365/2380/2400. Mail me for any quarries or feedback or suggestion : bvnbe@sify.com CONTACT NUMBER: 09392100443 CONTACT PERSON: JAGAN MOHAN Disclaimer: Please understand all trading carries high risk. Please think carefully before you trade. Trading could easily lose money. Trading is a very sophisticated business requiring continuous learning and education. Do not trade without trading tools like software, company reports and technical analysis. This newsletter is only an opinion of its author and does not constitute any advisory to trade in any manner. This is not an advisory or recommendation to purchase or sell. The contents in this newsletter are only for educational purposes. Amateurs/Learners should not try to trade. No liabilities are accepted for any writings in the Newsletter.

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