MARKET COMMENTARY Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 12 points at the opening bell. Inflation based on the combined consumer price index (CPI) for urban & rural India for January 2014 eased to 24-month low level at 8.79% (y-o-y), marking an deceleration from 9.87% …
SOYABEAN On technical chart soyabean trend is weak where soyabean feb future has resistance at 3720 on intraday basis while 3610 is a immediate support. Momentum indicators RSI is indicating bearish trend with satisfactory volume.
MARKET COMMENTARY The market is likely to open lower as most Asian stocks fell. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 22 points at the opening bell.
MARKET SUMMARY: It was again a lackluster session on Dalal Street amid intraday choppiness. The day was started on flat note & remains alter bound for entire trading session in the range of 6160-6190 mark.
Market Internals FII’s were net buyer by amount of 212cr in cash market. DII’s were net seller by 262cr in cash market; as some profit booking was seen in metal counters. Some short covering was seen in index future by FII’s where they were net buyer by 87cr with 2.5% fall in open interest. . …
MARKET SUMMARY: The Indian equity benchmark index nifty is trading lackluster near 6100 mark for last many trading sessions. The day was started with gap up opening on the back of strong global market yet near 6100 mark nifty again witnessed some selling pressure & remain in narrow trading range for the entire trading session. …
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