Lohia Securities Ltd. 7th Sep 2011 Market Review… Indian equities extended gains for second straight day and closed above resistance levels as buying activity picked up following rally in global markets. Consequently, markets continued buying in the realty, banking and metal space. TheSensex after opening with a positive gap on the back of strong global cues, moved upwards and touched a high of 17,157. The Sensex is at 17,065, up 202 points and the Nifty is at 5,124, up 60.35 points. Global stocks jumped on bargain hunting after the recent steep decline. Nikkei gained 2% to 8,763 on short covering after three consecutive days of losses. Jakarta and Taiwan markets soared 2.4% each. In Europe too, CAC has surged 2.15% to 3,026. DAX has rallied 1.96% to 5,294. Corporate. Kalindee rail gets $15m order from bangladesh railway Sterlite technologies: sterlite awards contracts worth inr5.00 bln
BG India Executive: Interested in equity stake in ONGC East India assets Shipping Corp: eyeing stakes in abg shipyard, bharati shipyard, pipavav shipyard Aurobindo Pharma Establishes Joint Venture With Russia's Diod To Manufacture Jubilant Life Gets Fda Anda Approval For Generic Protonix Commodity.
vanced from the lowest in more than a week in New York as a weather
system in the Gulf of Mexico threatened supplies in the U.S., where production
halts because of storms have already reduced crude stockpiles.
Copper rose the most in a week in London on concern production may fall amid
of strikes at mines in Peru and Indonesia.
ropped for a second day in London as rising equities curbed demand for an
alterna tive asset and spurred investors to sell the metal after its rally to a record.
Currency. Dollar fell against the euro, snapping a six-day advance, as stock gains and the
National Bank’s decision to set a currency ceiling yesterday damped
demand for the world’s main reserve currency.
Pound fell against the euro as a report showed U.K. house prices fell more than
economists predicted last month, bolstering the case for more economic stimulus
Asian currencies snapped a two-day loss after an unexpected expansion of U.S.
service industries eased concern the world’s biggest economy is sliding into
Lohia Research: 033-40026821/822. - 1 - Email:[email protected]Lohia Securities Ltd. 7th Sep 2011 Commodity Data & Events… Market Data… PRECIOUS METALS(SPOT PRICES) India’s Sectoral Indices Last Trade PLATINUM 17065.00 Last Trade CRUDE OIL NATURAL GAS 12466.91 Aluminum 12796.32 Top 5 Movers & Laggers in NSE % Chg Laggers 20.07 Brooks laboratories ltd 20.00 Rushil decor ltd 18.46 Indiabulls wholesale service Aluminum 18.26 Skm egg products export ltd 17.24 Sical logistics ltd Top 5 Movers & Laggers In BSE % Chg Laggers 20.00 Brooks laboratories ltd 19.98 Rushil decor ltd Doller Index 19.89 Choice international ltd 18.88 Sancia global infraprojects 18.34 Indiabulls wholesale service Today’s Major Economic Events Expected Top 5 Traded Scrip in NSE & BSE MBA Mortgage App Scrip (NSE) Vol (M) Scrip (BSE) JOLTs Job Openings Fed's Beige Book 44.35 Resurgere mines & minerals 35.55 Unitech ltd 18.94 Shree ashtavinayak cinevisio 17.97 Jaiprakash associates ltd 17.88 Everonn education ltd
Lohia Research: 033-40026821/822. - 2 - Email:[email protected]Lohia Securities Ltd. 7th Sep 2011
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We are also available at Thomson Reuters and Reuters Contributor. Our Fundamental Research Team Research Field E-Mail Id Jitesh Agarwal Basanti Gourisaria Gitika Bhansali Krishna Agarwal Nisha Jhunjunwala Pooja Bajaj Prabir Adhikary Prakash Narayan Sharma Radhika Gupta Rajkumar Mondal Sailesh Sarda Saurav Mittal Savita Kariwala Sonu Shah Vikash Agarwal DISCLAIMER: The information and opinions contained herein have been compiled or arrived at, based upon information obtained from reliable sources. Such information has not been independently verified and no guarantee, representation of warranty, express or implied, is made as to its accuracy, completeness or correctness. All such information and opinions are subject to change without notice. LSL, its directors, analysts or employees do not take any responsibility, financial or otherwise, of the losses or the damages sustained due to the investments made or any action taken on basis of this report. LSL and its directors, associates, employees may or may not have any positions in any of the stocks dealt in the report. This report is only for PRIVATE CIRCULATION.
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