Tag Archives: Nifty

Hong Kong Stocks, Indian Stock Market, US Stock Market

Stock Market Analysis – 12 March 2011

Market mood was negative on account of Japan Earthquake and ongoing unrest in Libya and middle east region and constant threat of spike in crude oil prices.

In the week closing 11 March 2011, the Indian stock Index S&P CNX Nifty traded in a tight range of 5560-5410. Nifty closed in red in three out of five trading days. Week-on-week basis, the Sensex was down by 312 points or -1.7%, to close at 18174.39 levels. The Nifty also closed in the red down by 93 points, or 1.7%, to close at 5445 for the week. Metals, Capital Goods and Banking stocks were the major losers, with heavy weights like Tata Steel, L&T, BHEL, State Bank faced selling pressure, where as Reliance Industries and Reliance Capital were the major gainers. Food inflation for the week ended Feb 26, 2011 was 9.52% (v/s 10.39% last week). IIP numbers were positive in India. In Feb 2011, exports were $23.6 bn (49.8% growth YoY) while imports were $31.7 bn (21.2% gr wth YoY). IIP nos for Jan 2011 came at 3.7% (street estimates: 2.7%) while the December IIP was revised from 1.6% to 2.5%. Continue reading Stock Market Analysis – 12 March 2011 →

Indian Stock Market, Stock Market News

Indian Stock Market: Nifty falls 3.3% on Huge Selling by FIIs

Indian Stock Markets saw massive selling by nervous investors offloading delivery stocks, and trading stop loss triggers in the Futures and Options segment. Today’s total trading volume was a new life time high for Nifty. Nifty fell 3.3% on Huge Selling by FIIs, and though the DIIs tried to buy as much as they could, the number of sellers were 3 times more and the selling pressure was unstoppable till the end. Continue reading Indian Stock Market: Nifty falls 3.3% on Huge Selling by FIIs →

Indian Stock Market, Stock Trading

Indian Stock Market: Both FIIs and DIIs are Selling

For the last two days (Dec 6 and Dec 7), something uncommon is happening in the Indian Stock Market: Both FIIs and DIIs are selling! (Dec 6: 500 crore net sell; Dec 7: 1000 crore net sell). This is uncommon because one of the two parties usually acts as net buyer when the other party is net seller.
In an entire year, we may not see more than 10-15 such days. It means all large players are seeing a need to cut their equity positions for whatever reasons. Till the FIIs start buying, we urge our readers to be cautious and not buy any new stocks or buy any new stocks at higher end of valuation like 52 week high, because profits are being taken out across the board. The best confirmation to start buying is when the FIIs start buying since they contribute to about 67% of the Indian stock market volume.