Current Market View

Thursday, June 16, 2011

TODAY PERFORMANCE 16-JUN-2011 IN GOLDEN NIFTY

TODAY PERFORMANCE 16-JUN-2011

Respected Clients,
          Hope you had traded well! As always, our clients tasted their profit.  Our Technical Team had done their job correctly, so we made our clients to smile.  
     We made good calls today; even not at all, a good movement in National Stock Exchange. But, we have given more positive calls. Fine moment to our Clients…

Scheme
Result
Golden Cash
Rs. 6830/-
Golden Futures
Rs.2688/-
Golden Nifty Futures
Rs.-640/-
Golden Nifty Option
No movement
Golden Stock Option
Rs.-1037/-
Net Profit
Rs. 7541/-

Amazing moments…
     From today’s morning, there is no fine moment in share market, it was more fluctuation. In Golden Cash and Golden Futures, we strictly have given our calls to our Traders. They believed us, they trusted our calls, so they found nearly Rs .10, 000/- Profit… Little disappointment in Golden Stock Option. But we will make that loss into profit on Tomorrow.
Service
  1.      More Accurate Calls
  2.     24*7 Customer Service
  3.    Relaxed Trading via our Tips
  4.    Minimum Stop Loss, Maximum Profit
  5.    Everyday around 8.30 Am, we will started our service, we used to send Good Morning Message, afterwards, we start to provide tips on Share Market
  6.   Our tips will carry, Entry rate, Stop Loss, Multiple Targets
  7.    We used to send follow up messages, we will  check that through our live calls made by our Customer Care people
  8.   Finally we recover all the loss of our members

   Service
                Mail at: info@goldennifty.com
              Web link: www.goldennfity.com    
              Ring up: 8144223652                
      
                          Thank you!!! 

GOLDEN NIFTY MANAGEMENT

TODAY PERFORMANCE 16-JUN-2011 IN GOLDEN NIFTY

Respected Clients,

          Hope you had traded well! As always, our clients tasted their profit.  Our Technical Team had done their job correctly, so we made our clients to smile. 
 

     We made good calls today; even not at all, a good movement in Nation Stock Exchange. But, we have given more positive calls. Fine moment to our Clients…

Scheme
Result
Royal Stock Futures
Rs.-112/-
Royal  Equity
Rs.628/-
Royal Bank Nifty Future
Rs. 2373/-
Golden Stock Option
No movement
Net Profit
Rs. 2889/-

Amazing moments…

     From today’s morning, there is no fine moment in share market, it was more fluctuation. In Royal Equity and Royal Bank Nifty Futures, we strictly have given our calls to our Traders. They believed us, they trusted our calls, so they found nearly Rs .3, 000/- Profit… Little disappointment in Golden Stock Option. But we will make that loss into profit on Tomorrow.

Service
  •     More Accurate Calls
  •      24*7 Customer Service
  •     Relaxed Trading via our Tips
  •     Minimum Stop Loss, Maximum Profit
  •    Everyday around 8.30 Am, we will started our service, we used to send Good  Morning Message, afterwards, we start to provide tips on Share Market
  •     Our tips will carry, Entry rate, Stop Loss, Multiple Targets
  •     We used to send follow up messages, we will  check that through our live calls  made by our Customer Care people
  •    Finally we recover all the loss of our members 
Service

             Mail at: info@banknifty.com
             Web link: www.banknifty.com  
             Ring up  : 8695357925   


                    Thank you!!!  

Wednesday, June 15, 2011

TILL DATE PROFIT RS.15,175/- IN GOLDEN STOCK OPTION


DEAR CLIENTS,

                Our performance details of the share tips provide by us will be update in our website regularly. We are differentiating our service from other competitors by updating regular reliable data which has been appreciated by many of our valuable customers. Our updation of the true performance data itself shows our reliable service.

  •        Live market calls.
  •      Confirmed technical calls.
  •       Riskless trading and enjoyable Profit .
  •       Day by day increase your investment.
  •       Best customer care service activated.


JUNE TILL DATE (1-13) OUR CLIENT’S MADE PROFIT Rs.15,175 IN GOLDENSTOCK OPTION

Total Calls
15
Achieved Calls
9
Our Clients Profit
15,175/-


 

Mail Us @ info@goldennifty.com


Website @ www.goldennifty.com


    Call @ 8144223652



Regards,
Golden Nifty Management.

Nifty seen lower; RBI meet eyed

NEW DELHI: The 50-share Nifty index is seen opening lower on Thursday tracking weak Asian Markets and investors will closely watch Reserve Bank of India's policy meet later today which might provide direction to the market.

According to a Reuters Poll, the Reserve Bank of India (RBI) is expected to raise its repo rate by a total of 75 basis points for the rest of 2011, including a 25 basis point increase on Thursday.

Markets corrected close to 1 pct on Wednesday on expectation of a rate hike by the RBI on Today.

Bank and auto stocks were worst hit. The banking stocks were slipped 1.6 percent in the previous session as investor's brace for another rate hike at the RBI's policy meet later today.

Markets are likely to be under pressure and may correct some more going forward. "Nifty is likely to drift down to levels close to 5350 over the next few sessions", says Kunal Saraogi, CEO, Equityrush. If Nifty does not manage a close above 5480 for the week on Friday there will be a crucial break down of the weekly channel that will signal the beginning of a more serious downtrend that might take the Nifty to levels closer 5100, he adds

Traders need to be cautious and look to sell metals, sugar, banking and oil and gas stocks that look the weakest on the charts.

India's top 100 firms in the Mumbai region paid 14 percent higher advance tax in April-June compared to a year ago, a top official of income-tax department said on Wednesday.

At 07:47 AM, SGX Nifty breaks 5400 range trading at a 3-week low, down 67 points.

Asian markets slipped over 1 per cent in early trade after concerns over Greece debt crisis deepened and fresh US data indicated slow recovery.

The Dow Jones industrial average dropped 178.84 points, or 1.48 percent, to 11,897.27. The Standard & Poor's 500 Index lost 22.45 points, or 1.74 percent, to 1,265.42. The Nasdaq Composite Index slid 47.26 points, or 1.76 percent, to 2,631.46.

Stocks to watch:

Lanco Infrastructure after the Construction and energy conglomerate dropped plans to bid for Australia's Premier Coal, owned by coal-to-retail conglomerate Wesfarmers, its executive chairman said on Wednesday.

Tata Motors after the top car maker said its global vehicle sales in May rose 11 percent from a year ago to 88,251 units.

Airline stocks will be watched after two state-owned oil firms today hiked ATF prices by 2.4 per cent in response to the increasing international crude prices.

PVR after the firm announced buy-back of 27.15 lakh equity shares at Rs 140/share. Buyback constitutes up to 10 pct of its outstanding shares. The buyback from open markets is at nearly 35 per cent premium to the current market price.

Shares ACC, Ultratech, Ambuja will be focus after Ministry of Corporate Affairs asked SFI to probe existence of a Cartel. Companies underutalising capacity to create shortage, SFIO will also probe the role of top management.

ONGC after the Oil major plans to sell 30 pct stake in KG Block. The company is in talks with BG India and Italian E&P major, ENI.

Essar Ports after the company is planning for a port project in Canada according to reports. If the plans go-through 25 pct of funding will be done by Canadian government.

Tuesday, June 14, 2011

Nifty seen flat; RBI meet eyed

The 50-share Nifty index is expected to open flat to lower on Wednesday tracking weak Asian Markets but markets are expected to remain rangebound as investors await Reserve Bank of India's policy meet on Thursday.

Higher inflation numbers along with rate hike fears will keep investors at bay as the Reserve Bank of India echoed intentions of arresting inflation at the cost of growth which stoked fears of further rate hike in the coming policy meet on June 16, Thursday.

According to a Reuters Poll, the Reserve Bank of India (RBI) is expected to raise its repo rate by a total of 75 basis points for the rest of 2011, including a 25 basis point increase on Thursday.

Market had yet another lackluster session on Tuesday even as inflation and upcoming RBI review continues to weigh on sentiment.

Inflation for the month of May rose higher than expected with slower growth in fuel and food cost thus adding pressure on India's Central Bank to lift interest rates this week despite and compromise on growth.

The wholesale price index rose an annual 9.06 percent in May. Annual manufacturing inflation in May was 7.27 percent, up from 6.18 percent in April, while annual fuel price inflation eased to 12.32 percent from 13.32 percent in April despite an increase in domestic gasoline prices in mid-May.

Markets are likely to continue to trade in a narrow band between 5480 and 5580 for the next few sessions untill they break out above their near term resistance of 5580 on the Nifty charts.

"Nifty can gain some altitude going forward but to be able to do that it must clear this hurdle at 5580 which has thus far proven quite a challenge", says Kunal Saraogi, CEO, Equityrush.

Strong moves in the banking space on Tuesday indicates that possibly markets may well be gearing up to take another stab at this very crucial resistance, adds Kunal.

Pharma, FMCG, banking, textiles continue to better the markets and auto and metals are likely to be the laggards.

US stocks posted their biggest gains in nearly two months on Tuesday as retail sales figures eased fears of overheating of the economy.

The Dow Jones industrial average gained 123.14 points, or 1.03 percent, to 12,076.11. The Standard & Poor's 500 Index rose 16.04 points, or 1.26 percent, to 1,287.87. The Nasdaq Composite Index advanced 39.03 points, or 1.48 percent, to 2,678.72.

In China, consumer prices rose at their fastest pace in almost three years in May, but industrial output grew from a year ago. China's central bank increased the reserve requirement ratio for commercial lenders by 50 basis points.

Brent crude oil rise $1.04 to $121.20 a barrel in early trade on Wednesday after US oil inventories showed a larger-than-expected drop for the second straight week according to a report.

At 07:47 AM, The Nifty India stock futures in Singapore were trading flat.

Stocks to watch

Steel manufacturing stocks will be watched after the Steel Ministry on Tuesday said that 7.1 lakh tonnes of iron and steel will be allocated in the current fiscal to small-scale industries (SSIs) and other government departments.

Nifty likely to break out of 5400-5600 range

The June series has seen Nifty trading in a tight range of 5400-5600 in the first two weeks. A lack of directional move has caused IVs (implied volatilities) to remain low. However, all this may change quickly in the coming trading sessions, as advance tax numbers and the RBI Monetary Policy with a fragile global environment backdrop may cause the Nifty to move out of this trading range.

Technically, Nifty is currently seen in a corrective phase and is retracing its upmove from 5328-5600 levels. Strong support for this corrective move is placed in the 5400-5430 region. Once this corrective move is over, we may expect the index to retest the 5600 mark. Only a close above the 5600 mark, backed with strong volumes, will warrant a revision of target upwards to 5700-5730 levels. The bullish bias will be negated if the Nifty breaks below 5400 level. Options build-up in Nifty suggests a slightly negative undertone, with OTM put strikes of 5000-5200, which has a substantial build up of over five million shares each, showing no signs of closure. A part of the positions can be explained by hedging of long positions by positional players, but even after adjusting for the same, the OI in the OTM Put options still remains elevated.

Domestic news flows are negative with the latest WPI inflation figure coming at 9.1 versus 8.7 for April 2011. With the impending advance tax numbers and monetary policy announcement in the coming two trading sessions, any negative announcements can push Nifty to test its important support levels. Globally, the scenario remains fragile with the US market near its March lows, Greece sovereign debt crises still at elevated levels and China raising its cash reserve ratio by half a percentage point to tame inflation.

Sectorally, the pharma space, despite the widespread volatility in the recent market movement, has remained resilient. The first leg of the rally has seen strong participation from large-cap pharma stocks like Ranbaxy, Sun Pharma and Cipla. The second leg of this rally may involve larger participation from the mid-cap pharma stocks like Biocon, Natco Pharma and Glenmark Pharma . In the banking space, a directional move is expected only post the RBI Monetary Policy announcement. The metal space has remained weak and has added fresh shorts. Stocks like Tata Steel and Hindalco have seen fresh shorts in the 580 call and 190 call strikes, respectively. Reliance 900 put has the highest OI and the stock is likely to find support at this level. Considering, the upcoming events we expect Nifty to display a directional move on the back of increased IVs in the next few trading sessions.

(The author is Vice-president-Active Trader Service, ICICI Securities)

Monday, June 13, 2011

Nifty support seen at 5420-5380

On Monday, Nifty started the day in red but saw a sharp recovery in the first half itself and traded in a narrow range through the day, closing at 5498. The basis in Nifty Futures turned into premium and kept increasing through the day (almost to 20 pts) coupled with a rise in its open interest, suggesting fresh longs entering into the system.

In option data, we saw unwinding in calls at 5500 strike due to writers cutting their position in the midst of a sharp intra-day recovery. On the other hand, puts writers swung back in action at 5400 and 5500 strikes, which added about a million units each. This hints that Monday's recovery may not be short-lived.

We continue to believe that the current expiry will remain fairly volatile with Nifty taking support between 5420 and 5380. While on the upside we believe Nifty can move up to 5560 and 5620 levels. Our view emerges from option concentration levels at 5400 (for puts) and 5600 (for calls) strikes combined with Nifty IVs heading for an upmove from current sub-17 levels.

Overseas, the DJIA and S&P 500 finished off last week in the red, down nearly 2%, its sixth consecutive weekly loss. Eyes are now on the US Consumer Price Index and May retail sales that may indicate a struggling economy. Back home, we have monthly inflation data on Tuesday and RBI mid-quarter review on Thursday.

It would be prudent to trade by buying options (calls for going long and puts for going short) on Nifty as IVs are on the rise.

Sensex rises 0.3 per cent; HDFC slips

MUMBAI: Indian markets rose 0.3 per cent in early trade on Tuesday, with banks leading the rise, taking cues from strong Asian markets.

At 9:17 a.m. (0347 GMT), the 30-share BSE index was up 0.32 percent at 18,324.92 points, with 26 components advancing.

Top mortgage lender Housing Development Finance Corp dropped 1.5 percent after sources said Citigroup had decided to reduce its stake in the firm to about 10 percent from 11.4 percent via stock market deals.

Data from the Bombay Stock Exchange showed a block deal of 16.5 million shares, or 1.12 percent of HDFC .

The 50-share NSE index was up 0.4 percent at 5,502.75.

Friday, June 10, 2011



DEAR CLIENTS,
                    
                      We maintain our expertise in providing most timely and accurate stock market recommendations enabling a trader or investor to sail the tide of stock markets with full confidence.
 
We have started this website to help intraday traders in earning regular profits from Stock Market Day Trading.
 
·         Top of the line analysis to give the best of the best service to our clients.
·        Calls are given on sms (or) Yahoo messenger as per our client’s request.
·        All our calls will be closed in profits, that is the beauty of our service
·        Client will receive 3 - 5 Calls in a Day.
·        85 to 95% Success Ratio will be provided.
·        Get calls on mobile, during Market hours
 
 
 
SINGLE DAY PERFORMANCE PROFIT RS.30,357/-
 
SCHEME
PROFIT
GOLDEN CASH
RS.8970
GOLDEN FUTURE
RS.6187
GOLDEN NIFTY FUTURE
RS.4200
GOLDEN NIFTY OPTION
RS.6000
GOLDEN STOCK OPTION
RS.5000
NET PROFIT
RS.30357
 
 
WE FEEL VERY GLAD TO WELCOME ALL OUR BELOVED CUSTOMERS TO VIEW OUR WEBSITE
 
 
Only if you feel Satisfied, you can pay Rs. 3000/- per month subscription and get it Continued for a month.
 
 VIEW OUR PERFORMANCE : www.goldennifty.com
 
      CONTACT OUR CUSTOMER CARE @ 08144223652
 
Always Happy To Serve You The Best.
 
 
 Regards,
Golden Nifty Management.

DEAR CLIENTS,



DEAR CLIENTS,
                    
                      We maintain our expertise in providing most timely and accurate stock market recommendations enabling a trader or investor to sail the tide of stock markets with full confidence.
 
We have started this website to help intraday traders in earning regular profits from Stock Market Day Trading.
 
·         Top of the line analysis to give the best of the best service to our clients.
·        Calls are given on sms (or) Yahoo messenger as per our client’s request.
·        All our calls will be closed in profits, that is the beauty of our service
·        Client will receive 3 - 5 Calls in a Day.
·        85 to 95% Success Ratio will be provided.
·        Get calls on mobile, during Market hours
 
 
 
SINGLE DAY PERFORMANCE PROFIT RS.30,357/-
 
SCHEME
PROFIT
GOLDEN CASH
RS.8970
GOLDEN FUTURE
RS.6187
GOLDEN NIFTY FUTURE
RS.4200
GOLDEN NIFTY OPTION
RS.6000
GOLDEN STOCK OPTION
RS.5000
NET PROFIT
RS.30357
 
 
WE FEEL VERY GLAD TO WELCOME ALL OUR BELOVED CUSTOMERS TO VIEW OUR WEBSITE
 
 
Only if you feel Satisfied, you can pay Rs. 3000/- per month subscription and get it Continued for a month.
 
 VIEW OUR PERFORMANCE : www.goldennifty.com
 
      CONTACT OUR CUSTOMER CARE @ 08144223652
 
Always Happy To Serve You The Best.
 
 
 Regards,
Golden Nifty Management.

Welcome to Bank Nifty !

Welcome to Bank Nifty !

In “Banknifty.com” we provide Intra-Day Calls based on the Technical &Fundamental Analysis. Calls will be generated & it will be sent to Clients Mobile on time. Calls will be given only when we feel it is Confirmed. Whatever may be the Market trend, Our calls will Hit the Target for sure. These Calls Will Be Generated By Our Experience Analysts, To Ensure Safety Of Clients Investment.


Service would be provided on Mobile (OR) Yahoo Messenger

  • TIMELY CALLS TO CLIENTS MOBILE.

  • MOST SURE SHOT CONFIRM CALLS.

  • EASY & RELAXED TRADING.

  • SAFER PROFIT, RISK LESS CALLS.

  • PROFIT MADE IN SHORT TIME.

  • BEST CUSTOMER SUPPORT, DURING ANY TIME.


SINGLE DAY PERFORMANCE

SCHEME
PROFIT
ROYAL CASH
RS.8487
ROYAL BANKNIFTY FUTURE
RS.1750
ROYAL STOCK OPTION
RS.4125
ROYAL STOCK FUTURE
RS.6500
NET PROFIT
RS.20862


Register in our website and get two days free trial. If you are satisfied, become our client. Join Us & Relax Trading.

      CALL @ 0 -  8695357925
VISIT    www.banknifty.com 


Thanks & Regards
 Bank Nifty Management

Nifty ends below 5500; Grasim, RCap, L&T, RInfra down

MUMBAI: Benchmarks pared some of the intraday losses and closed near support levels Friday as lower-than-expected April IIP data and weak global cues hurt sentiments. All the major sectoral indices closed lower with capital goods, FMCG and realty space under pressure.

India's IIP growth for the month of April was at 6.3 per cent versus 13.1 per cent as per the new series. Mining growth was at 2.2 per cent vs 9.2 per cent (YoY), manufacturing growth stood at 6.9 per cent vs 14.4 per cent (YoY).

According to the old series April IIP grew at 4.4 per cent versus 7.3 per cent. The April IIP is below estimates as per the old series. ET Now poll was expecting growth of 5.5 per cent against 7.3 per cent growth in March.

National Stock Exchange's Nifty closed at 5484.60, down 36.45 points or 0.66 per cent. The broader index touched a high of 5521.45 and low of 5457.45 intraday.

Bombay Stock Exchange's Sensex was at 18253.15, down 131.75 points or 0.72 per cent. The 30-share index hit a high of 18399.02 and low of 18182.90 in trade today.

BSE Midcap Index was down 0.40 per cent and BSE Smallcap Index declined 0.54 per cent.

Amongst sectoral indices, BSE Capital Goods Index was down 1.18 per cent, BSE FMCG Index slipped 1.16 per cent and BSE Realty Index moved 0.99 per cent lower.

Grasim (-2.24%), DLF (-2.19%), Reliance Capital (-1.90%), L&T (-1.85%) and Reliance Infrastructure (-1.69%) were the major Nifty losers.

Hindalco Industries (0.87%), Cairn India (0.64%), ONGC (0.62%), Ranbaxy Laboratories (0.41%) and TCS (0.41%) were amongst the gainers.

Market breadth was negative on the NSE with 1721 declines against 1184 advances.

Sensex falls for third week in four; outlook subdued

MUMBAI: Indian markets fell for the third week in four on Friday, hurt by slower April industrial output growth and weak world equities, and a lack of positive triggers kept next week's outlook subdued.

Financials led the losses on concerns slowing industrial growth could lead to a decline in demand for loans.

India's industrial output growth dipped in April, the latest sign that the rising cost of credit and inflation are slowing the economy, which may compel the central bank to pull back from its aggressive monetary policy tightening.

The 30-share BSE index fell 0.63 percent, or 116.36 points, to 18,268.54 points, taking losses for the week to 0.6 percent. Twenty four of its components declined.

"The market came off as the industrial output data came in below expectations. Also, globally things are uncertain, which adds to the woes," said Nitin Rakesh, CEO of Motilal Oswal's asset management business.

World stocks headed for their fifth weekly loss out of the past six, depressed by concerns about a slowing global economy and by Europe's ongoing struggle to control Greek debt.

MSCI's all-country world stock index was down 0.2 percent at 1014 GMT, while emerging markets equities

traded 0.6 percent lower. "With no positive triggers, at best, the market can hover in a narrow range next week, as it has been in the last few weeks," Rakesh added.

Foreign funds have bought around $260 million of shares in June, after selling $1.2 billion in the previous month.

A declining trend in volumes was also worrying, dealers said, pointing that the five-day daily average volume on the NSE stood at 460 million, lower than its 90-day average daily volume of 615 million shares.

Around 468 million shares changed hands on NSE on Friday. "Low volumes are a major concern. And that coupled with high volatility is getting to be a dangerous combination,' said Sunder Subramaniam, senior manager of sales at brokerage Sharekhan.

The 50-share NSE index dropped 0.6 percent to 5,485.80 points. In the broader market, losers were nearly twice the number of the gainers.

Top lender State Bank of India slipped 0.9 percent, while leading private lender ICICI Bank shed 1.2 percent. HDFC Bank closed barely changed.

Thursday, June 9, 2011

Nifty may trade in 5300-5700 range

The Nifty is trading in a small range of 5400 - 5600, witnesses the low trading activity in the F&O segment. This is due to no clear conviction to the traders, either from global or local front and huge macro data inflows. If we observe the Nifty future data on daily closing basis, it can easily conclude that the positions are switching very fast from long to short and vice a versa which itself indicates the low volume.

If we see the options data, continues accumulation has been witnessed in 5600 and 5700 strike prices in the calls implies the call writing implies the near term resistance while traders are selling the puts at 5300 and 5400 strike prices indicates short term support to the market. The above data indicates that market may trade in the range of 5300-5700 level for the current month. 5500 Strike price which is known as at the money (ATM) in F&O parlance has the implied volatility (IV's) quoting at 16 to 17 levels; one of the low in the current time. IV can also reflect the demand and supply for the option traders.

Whenever IV's will increase more demand is for buying the options either to hedge the portfolio or to bet on the directional view while low Iv's means more supply i.e. selling the options. Low IVs are indicating the trader's activity towards selling the options as nothing is happening in the future segment. Sectorwise activity is seen in media, automobile, cement and infrastructure stocks on weekly basis.

STRATEGY

We recommend to sell Nifty 2 lots each of July 5500 call & put and simultaneously buy 1 lot each of Nifty 5500 June call and put. The strategy will give you maximum profit of premium received if the Nifty will expiry either at 5300 or 5700. It the expiry will be at 5500 then you are having the small loss. Huge losses can start if Nifty will expiry below 5200 and above 5900 which I suppose to be rare. Still small traders should be cautious in this strategy as selling the option is very risky.

STOCK IDEA

Buy ITC June Future above 193 with the stop loss of 188 and the target of 205.

(The author is Senior Analyst-Institutional Derivatives Sushil Financial Services)

Nifty seen flat; Industrial output data watched



NEW DELHI: The 50-share Nifty index is expected to open flat tracking mixed Asian markets on Friday while higher inflation and slowing growth concerns will keep investors at bay.

According to a Reuters POLL, India's industrial output probably rose 5.5 percent in April from a year earlier, moderated by successive interest rate rises which slowed manufacturing growth.

The food price index rose an annual 9.01 percent in week to May 28, government data showed on Thursday, up from 8.06 percent in the previous week.

Markets had a lacklustre day on Thursday even as Nifty slipped a bit and failed to break above it's resistance at 5580.

"Markets continue to trade in a narrow band between 5480 and 5560. Traders must wait and watch for now till Nifty decisively breaks out above 5580 to go long. There is a strong possibility that the Nifty might snap out of this range in the next few sessions", says Kunal Saraogi, CEO, Equityrush.

Metals, cement and auto remains weak whereas telecom, pharma, textiles and select banking stocks look strong, adds Kunal

Investors will closely watch China's import and export numbers to see how the world's second-largest economy is holding up amid government credit curbs.

Wall Street edged higher on Thursday after six days of losses as a narrowed U.S. trade deficit was seen as one positive point for growth but weekly jobless claims edged higher last week echoing fears of slowing economic recovery.

STOCKS TO WATCH

Maruti Suzuki as a strike at India's top car maker's Manesar plant entered its Sixth day on Friday, causing a production loss of 4,200 vehicles.

Shoppers Stop after the company plans to raise prices of private labels by 10-12 percent from July 1.
ENIL and Reliance Broadcast Network Ltd after the government prepares to issue additional radio licences and announce new guidelines for the sector.

Reliance Industries after the company's fuel exports up 15 per cent in May. The rise in demand was led by Jet fuel which tripled in demand for that period.

Tata Motors after India's top car maker faces road block with respect to land acquisition in West Bengal. The government said will return land to farmers. Tata's can build plant at remaining 600 acres of land says Mamta Banerjee.

JSPL after their Coal washery in Chattisgarh came under environment ministry scanner.

Agricultural stocks like Rei Agro, KRBL after government hikes minimum support price for cotton and paddy. Prices for Paddy hiked by Rs 80 while prices for Cotton hikes by Rs 300.

Unity Infra after the company decided to raise Rs 150 crore to cut high cost debt on its books.

India Securities after the Essar Group announced reverse merger of Essar Teleholdings with the company. Essar Teleholdings has a 11 per cent stake in Vodafone Essar.