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Market Watch 21.04.11

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Market Watch 21.04.11 Powered By Docstoc
					               Market Watch
               Outlook: For the day Nifty to open gapup                                           21.04.2011 (Thursday)

                 Market Outlook: . For the day Nifty to open gapup due to strong global cues however with two key result viz.
                 Reliance & TCS, scheduled for today and disappointment from any one of them may be good reason for Nifty to
MARKET WATCH




                 take a sharp U turn. Momentum in the market to remain positive as long as Nifty stays above 5860.

                 SUPPORT: 5789, 5725                  RESISTANCE: 5886, 5920 PIVOT: 5823




                 BUY: BRITANNIA (SL 365)


                 ASIA:. Asianmarkets were trading higher. China's Shanghai Composite was up 0.24% or 7.15 points at
                 3,014.18.Hong Kong's Hang Seng added 0.63% or 151.26 points at 24,047.36.Japan's Nikkei gained
                 0.65% or 62.56 points at 9,669.38.Singapore's Straits Times was up 0.68% or 21.63 points at
                 3,187.43.South Korea's Seoul Composite rose 1.02% or 22.23 points at 2,192.14.Taiwan's Taiwan
                 Weighted gained 0.97% or 85.33 points at 8,898.61.Asian stocks rose on Wednesday, following a
                 rebound on Wall Street and in Europe on upbeat corporate results.



                 US: The US markets ended sharply higher led by strength in technology. The CBOE volatility index,
                 widely considered the best gauge of fear in the market, fell to nearly 15.Dow Jones Industrial Average
                 rose 1.52% or 186.79 points at 12453.54. Nasdaq Composite added 2.1% or 57.54 points at 2802.51.
                 Standard & Poor's 500 advanced 1.35% or 17.74 points at 1330.36.



                 CRUDE: Oil prices rallied on the weak dollar, and as crude inventories came in lower than expected.

               Peerless Securities Ltd. Peerless Mansion               1
               1, Chowringhee Square, 2nd Floor, Kolkata- 69
                                                                                                For Private Circulation Only
Market Watch
Securities in ban period for trade date 21st April 2011:
Securities in ban period for trade date 21st April, 2011 – DCHL, ORCHIDCHEM & VIDEOCON

Exchange Rate:
--82.29 yen per dollar today vs 82.77 yesterday.
USD/INR: 44.31


Events for the day :


        Jobless Claims 8:30 AM ET
        Philadelphia Fed Survey 10:00 AM ET
        FHFA House Price Index 10:00 AM ET
        Leading Indicators 10:00 AM ET
        EIA Natural Gas Report 10:30 AM ET
        3-Month Bill Announcement 11:00 AM ET
        6-Month Bill Announcement 11:00 AM ET
        2-Yr Note Announcement 11:00 AM ET
        5-Yr Note Announcement 11:00 AM ET
        7-Yr Note Announcement 11:00 AM ET
        5-Yr TIPS Auction 11:30 AM ET
        SIFMA Rec. Early Close 2:00 ET
        Fed Balance Sheet 4:30 PM ET
        Money Supply 4:30 PM ET


Stocks In News:

SBI | RIL | Tata Power | Jindal Steel | Alok Industries | Lloyds Steel | Indiabulls Real Estate | Rainbow Papers | TCS
and Unitech are stocks, which are in the news today.

Results today: RIL, TCS, JSPL, Hindustan Zinc, Mindtree, Foseco India, IL & FS Investment Managers, Zensar
Tech, Aditya Birla Money, Coromandel International, Premier, Raymond, Timken India, Noida Toll Bridge,
Honeywell Automation, Fag Bearings




Market cues:

        Results Today: RIL, TCS, Hind Zinc, MindTree, JSPL and Raymond
        Global markets rally 2-3% on back of strong earnings led by Intel
        SBI changing interest rate structure in home loans; to provide Rs 587 crore against teaser loans by March
         2011
        FIIs net buy USD 462 million in the cash market on April 19.
Peerless Securities Ltd. Peerless Mansion                 2
1, Chowringhee Square, 2nd Floor, Kolkata- 69
                                                                                      For Private Circulation Only
Market Watch
          MFs net buy Rs 89 crore in the cash market on April 18
          NSE F&O Open Int was up Rs 3581 crore at Rs 1.47 lakh crore
          As per provisional data of April 20, FIIs were net buyers of Rs 193 crore in the cash market. FIIs were net
           buyers of Rs 1599 crore in the F&O market. DIIs were net sellers of Rs 23 crore in the cash market.

F&O cues:

          Total Futures Open Int up Rs 1969 crore, Total Options Open Int up Rs 1612 crore
          Total stock futures Open Int add 5.58 cr shares in Open Int
          Nifty futures Open Int shed 11.23 lakh shares in Open Int, premium at 18.95 pts vs premium at 19.55 pts
          Nifty Open Int PCR up at 1.36 versus 1.17
          Total Put adds 67.90 lakh shares, call sheds 44.87 lakh shares
          Highest Open Int outstanding at 6000 call, 5700 put and 5800 put
          Nifty 5900 put adds 23.68 lakh (91%) shares in Open Int (Premium down 123 to 71)
          Nifty 5800 put adds 20.66 lakh (42%) shares in Open Int (Premium down 69 to 33)
          Nifty 5600 put adds 5.60 lakh (9%) shares in Open Int
          Nifty 5700 put adds 5.35 lakh (7%) shares in Open Int
          Nifty May 5800 put adds 4.52 lakh (37%) shares in Open Int
          Nifty 5800 call sheds 25.26 lakh (35%) shares in Open Int
          Nifty 5900 call sheds 11.98 lakh (16%) shares in Open Int
          Nifty 5700 call sheds 6.55 lakh (16%) shares in Open Int
          India VIX down 4.89% at 20.99
          In F&O ban Deccan Chronicle, Orchid Chemicals and videocon



FIIs in F&O on April 20

          FIIs net buy Rs 858 crore in Index Futures; Open Int down by 5235 contracts
          FIIs net buy Rs 853 crore in Index Options; Open Int up by 27521 contracts
          FIIs net sell Rs 121 crore in Stock Futures; Open Int up by 19719 contracts




Sources: Newswire18, Securities.com, Economic Times, Business Standard, BSE, NSE

DISCLAIMER: Equity market investments entail high risk. Investors are therefore advised to take into account their risk-appetite before investing. The
company and its employees will not be liable for any loss arising from this report. The author(s) do not have any exposure in the scrips recommended in the
report
Peerless Securities Ltd. Peerless Mansion                                     3
1, Chowringhee Square, 2nd Floor, Kolkata- 69
                                                                                                                    For Private Circulation Only

				
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