STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET

The benchmark Nifty slipped below 5600 in early trade amid a choppy trade. The market was seeing a bit of consolidation at previous closing value after a sharp fall in previous sessions due to inflation worries and likely slowdown in growth. Nifty Opened at 5614 and was trading at 5584.30 with a downward gap of 20 points.

Among frontliners, ACC, Ambuja Cements, Jaiprakash Associates, Tata Motors, DLF, IDFC, Reliance Power, Reliance Communications, JSPL and Tata Steel were witnessing selling pressure. However, ONGC , Suzlon, Cipla, Infosys, HDFC Bank, HCL Tech and Bharti Airtel were quite supportive to benchmarks in early trade. Nifty has resistance at 5688.61 and 5772.93 and support at 5557.46 and 5510.63.

Sensex was trading 102.30 points down from previous closing at 18581.13.REALTY dropped 2.37% while AUTO and CG lost 2.10% and 2.02 % respectively. Sensex has resistance at 18962.06 and 19239.7 and support at 18531.42 and 18378.42.

INTERNATIONAL MARKET

Asian stocks fell, dragging a regional benchmark index down for the first time this week, as Japanese banks dropped after Standard & Poor’s cut the nation’s credit rating, and commodity shares declined. Nikkei dropped 128.99 points and reached 10349.TOPIX retreated 11.72 points and was trading at 917.95.Hang Seng reached 23636.20 with a decrease of 143.47 points.

FII FLOW

The net FII flow to equity sector on Thursday recorded a gain of 94.06 crore as against 194.90 crore the previous day. The open interest for the previous day in Futures segment was Rs. 48237.38 crore as against 49565.99 crore on Tuesday. The open interest in Options segment was Rs. 53515.44 crore as against Rs. 52343.69 crore the previous day. The aggregate open interest in derivative segment was Rs. 101752.82 crore. This was 101909.68 crore Tuesday. It may be observed that the aggregate open interest dropped 0.15 per cent.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms.Malu Suresh

School of Asset Management

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET

Nifty is volatile ahead of expiry of derivatives contracts. Nifty opened at 5725.30 and is currently at 5669.75 with 17.45 points down from the previous closing. Among frontliners, ITC, Axis Bank, ICICI Bank, Sun Pharma, Cipla and SBI were on buyers' radar. However, Sterlite, Infosys, Wipro, HUL, M&M, SAIL and JSPL were witnessing selling pressure. Nifty has resistance at 5765.75 and 5844.1 and support at 5644.85 and 5602.3.

Sensex is trading 69.86 points down from previous closing at 18898.19.REALTY dropped 0.99 % while TECK and IT lost 0.95% and 0.94 % respectively. Sensex has resistance at 19223.81 and 19478.18 and support at 18832.26 and 18695.08

INTERNATIONAL MARKET

Asian stocks climbed for the fourth straight day after the Federal Reserve maintained efforts to stimulate the U.S. economy and new-home sales topped estimates, bolstering confidence in a global recovery.Nikkei gained 84.1 points and was trading at 10486, While Hang Seng was trading at 23926.70 with an increase of 83.43 points.

FII FLOW

The net FII flow to equity sector on Tuesday recorded a gain of 194.90 crore as against a loss of Rs 834.30 crore the previous day. The open interest for the previous day in Futures segment was Rs. 49565.99 crore as against 46416.06 crore on Monday. The open interest in Options segment was Rs. 52343.69 crore as against Rs. 52250.24 crore the previous day. The aggregate open interest in derivative segment was Rs. 101909.68 crore. This was 98666.3 crore Monday. It may be observed that the aggregate open interest rose 3.28 per cent.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms. Malu Suresh
School of Asset Management

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET

The benchmark Nifty started the session on a positive note amid mild volatility. Nifty opened at 5763.30 and is currently trading at 5765.25 with a gain of 22 points. Metal, oil & gas, telecom, capital goods, healthcare and select technology companies' shares were on buyers' radar while major banks were down in trade due to the anticipated credit policy change by RBI.Nifty has resistance at 5766.91 and 5790.58 and support at 5708.66 and 5674.08.

Sensex is trading at 19259.55 with 108.27 points up from previous closing. Most of the sub-indices are in the positive trend. Positive contributors are GAIL,NTPC,BPCL and Sterlite Ind. Sensex has resistance at 19231.03 and 19310.79 and support at 19034.95 and 18918.63.

INTERNATIONAL MARKET

Asian stocks rose, driving the regional benchmark index higher for the second day as U.S. takeovers, share buybacks and dividend prospects drove the Dow Jones Industrial Average to its highest close since June 2008. Japan’s Nikkei 225 Stock Average rose 1.16 percent or 119.52 points and was trading at 10462.60.TOPIX reached 930.07 with an increase of 12.89 points. HANG SENG also gained 114.33 points and was trading at 23916.10.

FII FLOW

The net FII flow to equity sector on Monday recorded a gain of Rs 37.60 crore as against a loss of Rs. 834.30 crore the previous day.The open interest for the previous day in Futures segment was Rs. 47304.61 crore as against 46416.06 crore on Friday. The open interest in Options segment was Rs. 52108.87 crore as against Rs. 52250.24 crore the previous day. The aggregate open interest in derivative segment was Rs. 99413.48 crore. This was 98666.3 crore Friday. It may be observed that the aggregate open interest increased 0.75 per cent.

NEWS

• RBI may lift policy interest rates by at least 25 basis points.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms.Malu Suresh

School of Asset Management

Kochi

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET

The benchmark Nifty started the day on a positive note on SBI and Reliance Industries Q3FY11 numbers. Nifty opened at 5717 .10 and is currently trading at 5718.45 with an increase of 36 points. Most of thr sub-indices are in the positive trend. SBI jumped 2.65% after good results. ICICI Bank rose over 1% ahead of results today. Nifty has resistance at 5717.86 and 5739.23 and support at 5674.81 and 5653.13.

Sensex is trading at 19067.42 with 59.89 points up from previous closing. The sub-indices which showing positive trend are CD,BANKEX,METAL,REALTY etc. Sensex has resistance at 19071.11 and 19134.7 and support at 18938.17 and 18868.82.

INTERNATIONAL MARKET

Asian stocks fluctuated as Honda Motor Co. and S-Oil Corp. rose after brokerages increased investment ratings, while Woolworths Ltd. fell after cutting its annual profit forecast.Nikkei gained 46.17 points and was trading at 10320.70,While Hang seng reteated 81.07 points and reached 23795.80.

FII FLOW

The net FII flow to equity sector on Friday recorded a loss of Rs 834.30 crore as against Rs. 207.40 crore the previous day.The open interest for the previous day in Futures segment was Rs. 46416.06 crore as against 46238.94 crore on Thursday. The open interest in Options segment was Rs. 52250.24 crore as against Rs. 52656.15 crore the previous day. The aggregate open interest in derivative segment was Rs. 98666.3crore. This was 98895.09 crore Thursday. It may be observed that the aggregate open interest dropped 0.23 per cent.

NEWS

• RIL’s net profit rose 28.14% to Rs. 5136 crore.

• SBI’s net profit rose 14.1% to Rs. 2828.06 crore.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms. Malu Suresh,

School of Asset Management

Kochi

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market


DOMESTIC MARKET
Nifty opened at 5692.05 and is currently trading with a decline of 0.14% at 5703.55.Technology, metal, FMCG and private financial companies' shares were on sellers' radar whereas capital goods, Anil Dhirubhai Ambani Group and stocks (which will announce results today) were on buyers' radar. Nifty has resistance at 5748.8 and 5786.6 and support at 5653.85 and 5596.7.

Sensex is trading at 19002.02 with 44.52 points down from previous closing.The subindices which showing negative trend are IT,TECK,METAL,FMCG etc while the market is getting support from OIL & GAS,REALTY,CG,POWER etc. Sensex has resistance at 19166.29 and 19286.04 and support at 18860.76 and 18674.98.

INTERNATIONAL MARKET
Asian stocks fell, with the regional benchmark erasing its gains for the year, led by material producers, amid concern that China will take more steps to restrain its economy. Nikkei dropped 90.53 points and reached 10346.80.Topix is trading at 917.47 with a decline of 9.72 points whereas Hang Seng gained 5.65 points and was trading at 24009.30.

FII FLOW
The net FII flow to equity sector on Wednesday recorded a loss of Rs 207.40 crore as against a gain of 176.30 crore the previous day.The open interest for the previous day in Futures segment was Rs. 46238.94 crore as against 46143.36 crore on Tuesday. The open interest in Options segment was Rs. 52656.15 crore as against Rs. 52836.7 crore the previous day. The aggregate open interest in derivative segment was Rs. 98895.09 crore. This was 98980.06 crore Tuesday. It may be observed that the aggregate open interest dropped 0.08 per cent.

NEWS
• Wipro Q3 net profit up 3.4% at Rs 1,319 cr.
• New telecom policy within 100 day deadline: Kapil Sibal.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms.Malu Suresh

School of Asset Management

Kochi

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET
Nifty slipped in opening trade following downward trend in Asian markets. Nifty opened at 5656,and is currently trading at 5661.90,with a decline of 29.15 points. Among frontliners, Reliance Communications, Bharti Airtel, Tata Motors, Sesa Goa, Jindal Steel & Power, Sterlite Industries, Reliance Capital, Jaiprakash Associates, HCL Tech, Reliance Industries, SAIL, SBI, ICICI Bank and PNB were witnessing selling pressure. Nifty has resistance at 5738.25 and 5785.503 and support at 5653.15 and 5615.303.

Sensex is trading at 18872.72 with 105.60 points down from previous closing.The subindices which showing negative trend are OIL & GAS,BANKEX,AUTO, METAL,FMCG etc whilethe market is getting support from IT,REALTY,HC,CG and CD. Sensex has resistance at 19130.73 and 19283.15 and support at 18862.23 and 18746.15.

INTERNATIONAL MARKET
Asian stocks fell with the regional benchmark index falling the most in two weeks, as Chinese economic reports prompted speculation the country will do more to fight inflation and U.S. earnings disappointed. Nikkei dropped 118.94 points and is currently trading at 10438.20.Topix reached 927.87 after retreating 9 points. Hang Seng is also flat and is trading at 24140.40 with a decrease of 279.20 points.

FII FLOW
The net FII flow to equity sector on Wednesday recorded a gain of Rs 176.30 crore as against a loss of 25.88 crore the previous day. The open interest for the previous day in Futures segment was Rs. 46143.36 crore as against 45867.7 crore on Tuesday. The open interest in Options segment was Rs. 52836.7 crore as against Rs. 51929.79 crore the previous day. The aggregate open interest in derivative segment was Rs. 98980.06 crore. This was 97797.49 crore Tuesday. It may be observed that the aggregate open interest rose 1.2 per cent.

NEWS
• Mobile number portability launched today.
• China's GDP growth sped up in the fourth quarter to 9.8% from 9.6% in the third quarter.

Market Analysis: Ms. Malu Suresh

School of Asset Management

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET

Indian Markets are flat in opening trade, with a negative bias. Nifty opened at 5737.35, and is currently trading at 5714.90,with a decline of 9.15 points. Jaiprakash Associates, Sterlite, ICICI Bank, Tata Steel, Reliance Infrastructure, ITC, Sesa Goa, Sun Pharma, and Dr Reddy's Labs were on buyers' radar, while GAIL, Larsen, Infosys and HDFC Bank are in the negative side. Nifty has resistance at 5745.983 and 5767.917 and support at 5686.633 and 5649.217.

Sensex is trading at 19079.68 with 12.37 points down from previous closing. The sub-indices which are showing positive trend are METAL,AUTO,OIL & GAS etc while IT, TECH, CG and REALTY are showing negative trend. Sensex has resistance at 19163.96 and 19235.86 and support at 18976.81 and 18861.56.

INTERNATIONAL MARKET
Asian stocks rose, driving a regional benchmark index to a 2 1/2-year high, as U.S. earnings beat analyst estimates and amid speculation that China’s steps to slow inflation won’t curb its economic expansion.

Nikkei increased 19.95 points and was trading at 10538.90.Topix reached 933.44 with an increase of 1.86 points. While Hang Seng gained 256.03 points or 1.06% and was trading at 24410.

FII FLOW
The net FII flow to equity sector on Tuesday recorded a loss of Rs.25.88 crore as against 118 crore the previous day.The open interest for the previous day in Futures segment was Rs. 45867.7 crore as against 45511.26 crore on Monday. The open interest in Options segment was Rs. 51929.79 crore as against Rs. 50972.12 crore the previous day. The aggregate open interest in derivative segment was Rs. 97797.49 crore. This was 96483.38 crore Monday. It may be observed that the aggregate open interest rose 1.36 per cent.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market analysis: Ms. Malu Suresh,

School of Asset Management

Kochi

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET
The benchmark Nifty was flat in opening trade, with a negative bias. Financial, capital goods and metal companies' shares were down while technology stocks along with ICICI Bank were supporting the markets. Nifty opened at 5752.10,and is currently trading at 5714.20,with a decline of 37.70 points. Top losers were SAIL , ACC, Ambuja Cements and Tata motors. Nifty has resistance at 5827.53 and 5903.167 and support at 5706.483 and 5661.067.
Sensex is trading at 19059.69 with 118.13 points down from previous closing. Most of the sub-indices are in the negative trend. REALTY, METAL, AUTO,CG, BANKEX etc were in the negative zone. Sensex has resistance at 19424.71 and 19666.6 and support at 19038.6 and 18894.38.

INTERNATIONAL MARKET
Asian stocks dropped, sending the regional benchmark index to its first decline in three days, as U.S. jobless claims rose more than economists estimated and mining companies fell as oil and metal prices retreated. Nikkei dropped 30.83 points or 0.29% and was trading at 10558.90.Topix retreated 0.84 points and reached 936.90,while Hang Seng was trading at 24270.90 with an increase of 31.94 points.

FII FLOW
The net FII flow to equity sector on Wednesday recorded a loss of Rs. 98.20 crore as against 284.32 crore the previous day.The open interest for the previous day in Futures segment was Rs. 46566.02crore as against 44748.13 on Tuesday. The open interest in Options segment was Rs. 48316.46crore as against Rs. 46557.86crore the previous day. The aggregate open interest in derivative segment was Rs. 94882.48 crore. This was 91305.99 crore Wednesday. It may be observed that the aggregate open interest rose 3.91 per cent.

NEWS
• U.S. Trade Gap Unexpectedly Shrinks to 10-Month Low; Jobless Claims Climb
• The Indian economy is projected to grow at 8.5 per cent in 2011 and 8.7 per cent in 2012, according to the World Bank report.
• Snapping the five week rising trend, food inflation softened to 16.91 per cent for the week ended January 1, 2011, although vegetables, onions and protein-based items continued to remain costly.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms. Malu Suresh

School of Asset Management

Kochi

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET
The benchmark Nifty retreated a bit in opening trade today, led by disappointing numbers from IT bellwether Infosys and profit booking in financial stocks. Nifty opened at 5850 and is currently trading at 5839.30,with a decline of 23.95 points. Top losers are Infosys which lost 3.78% and ICICI Bank which lost 1.56%.Nifty has resistance at 5921.2 and 5979.15 and support at 5758.3 and 5653.35.
Sensex is trading at 19458.91 with 75.19 points down from previous closing. Most of the sub-indices are in the negative trend. IT is down with 2 %. Tech and Bankex were 1.41 and 0.40% down respectively. Sensex has resistance at 19722.97 and 19911.84 and support at 19196.9 and 18859.7.

INTERNATIONAL MARKET
Asian markets are in the uptrend today. China’s Hang Seng reached 24125.60 after rising 365.27 points or 1.54 %.Japan’s Nikkei was trading at 10576.50 with an increase of 63.65 points. Topix gained 5.97 points and reached 935.61.

FII FLOW
The net FII flow to equity sector on Wednesday recorded a loss of Rs.284.32 crore as against 1088.20 crore the previous day.The open interest for the previous day in Futures segment was Rs. 44748.13 crore as against 45437.34 on Tuesday. The open interest in Options segment was Rs. 46557.86crore as against Rs. 42087.89 crore the previous day. The aggregate open interest in derivative segment was 91305.99 crore. This was 88713.15 crore Tuesday. It may be observed that the aggregate open interest rose 2.83 per cent.

NEWS
• Infosys Q3 net profit up 2.5% at Rs 1780 cr.
• South Korean Central bank Lifts interest rate by 25 base points to 2.75%.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms.Malu Suresh,

School of Asset Management

Kochi

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET
The benchmark Nifty bounced back sharply in early trade today led by buying in financial, metal, telecom, realty, technology and select infrastructure companies' shares .Nifty opened at 5800.05,and is currently trading at 5785.60 ,with an increase of 31.50 points. Top gainers are Suzlon Energy,Cairn India,Sterlite Ind, Tata Motors etc. While top losers are Tata Steel, Tata Power, Larsen, Reliance Comm etc. Nifty has resistance at 5831.73 and 5909.36 and support at 5687.33 and 5620.56.

Sensex is trading at 19274.79 with 78.45 points up from previous closing. Most of the sub-indices are in the positive trend. Sensex has resistance at 19417.4 and 19638.46 and support at 18989.44 and 18781.54.

INTERNATIONAL MARKET
Asian markets are also in the uptrend. Japan’s Nikkei gained 26.68 points and was trading at 10537.40.Topix rose 5.06 points and reached 932.00.Hong Kong’s Hang Seng was trading at 23954.70 with an increase of 194.35 points or 0.82%.

FII FLOW
The net FII flow to equity sector on Tuesday recorded a loss of Rs.1088.20 crore as against 966.60 crore the previous day. The open interest for the previous day in Futures segment was Rs. 45437.34 crore as against 46625.26 on Monday. The open interest in Options segment was Rs. 45824.38 crore as against Rs. 42087.89 crore the previous day. The aggregate open interest in derivative segment was 91261.72crore. This was 88713.15 crore Monday. It may be observed that the aggregate open interest rose 2.79 per cent.

NEWS
• Export-driven software services companies likely to report robust quarterly earnings.
• Bankers express concerns over liquidity to RBI.
• SEBI has permitted derivative trading on overseas indices in Indian bourses.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

Market Analysis: Ms. Malu Suresh,

School of Asset Management

Kochi.

www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market

DOMESTIC MARKET
Today the market is trading positively after heavy sell-off seen in previous five days. Nifty opened at 5901.30, and is currently trading at 5800.55 , with an increase of 37.70 points. Indices showing positive trend are INFRA ,BANK,DEFTY etc. Nifty has resistance at 5866.41 and 5969.98 and support at 5700.11 and 5637.38.
Sensex is trading at 19259.26 with 35.14 points up from previous closing. Most of the sub-indices are in the positive trend. Sensex has resistance at 19576.89 and 19929.66 and support at 19014.89 and 18805.66

INTERNATIONAL MARKET
Asian markets are showing a mixed trend. Japan’s Nikkei retreated 24.07 points and was trading at 10517.Topix rose 0.36 points and reached 926.78.Hong Kong’s Hang Seng was trading at 23574.80 with an increase of 47.59 points or 0.20%.

FII FLOW
The net FII flow to equity sector on Monday recorded a loss of Rs.966.60 crore as against 232 crore the previous day.The open interest for the previous day in Futures segment was Rs. 46625.26 crore as against 47257.11 on Friday. The open interest in Options segment was Rs. 42087.89 crore as against Rs. 38805.91crore the previous day. The aggregate open interest in derivative segment was 88713.15crore. This was 86063.02 crore Friday. It may be observed that the aggregate open interest rose 3.07 per cent.

NEWS
• The RBI will be holding the pre-credit policy meeting today.
Today's stock recommendation by analysts
COMPANY PRICE TARGET
HDFC 652.05- 685
Maruti Suzuki 1324- 1282
Hero Honda 1820.10- 1988
GSFC 325 -357
Market Analysis: Ms.Malu Suresh
School of Asset Management
www.schoolofassetmanagement.com

STOCK MARKET TODAY

An Analysis of Stock Markets

DOMESTIC MARKET

Today Market is flat due to growing fears that the RBI will hike key policy rates at its next meeting as food inflation remains stubbornly high. Nifty opened at 5901.30,and is currently trading at 5845.10 ,529.50 points down from the previous closing .Indices showing negative trend are REALTY, INFRA,IT, BANK etc. Nifty has resistance at 6009.33 and 6114.067 and support at 5841.73 and 5778.86.

Sensex is trading at 19538.91 with 152.90 points down from previous closing. CD, CG, AUTO , PSU and HC are pulling the market down. Sensex has resistance at 20058.55 and 20425.28 and support at 19477.15 and 19262.48

INTERNATIONAL MARKET
Asian markets are showing a mixed trend. Japan’s Nikkei gained 11.28 points and was trading at 105410.00.Topix rose 1.91 points and reached 926.42.Hong Kong’s Hang Seng was trading at 23655.20 with a decrease of 31.48 points or 0.13%.

FII FLOW
The net FII flow to equity sector on Friday recorded a decline of Rs.232 crore as against 92.40 crore the previous day. The open interest for the previous day in Futures segment was Rs. 47257.11 crore as against 47469.68 on Thursday. The open interest in Options segment was Rs. 38805.91crore as against Rs.37587.96 crore the previous day. The aggregate open interest in derivative segment was 86063.02crore. This was 85057.64 crore Thursday. It may be observed that the aggregate open interest rose 1.18 per cent.

NEWS
• According to Prime Minister Manmohan Singh the economy is likely to grow between 9 and 10 percent from the next fiscal year that starts from April 1, after growing 8.5 percent in the current fiscal year.

TODAYS STOCK RECOMMENDATION BY ANALYSTS

COMPANY PRICE (Rs.) TARGET (Rs.)
Triveni Engg. 106.40- 100
Elder Pharma 383.75- 454
Jyothi structure 129.80- 162
LIC Housing Fin 178.10 -250

Market Analysis: Ms.Malu Suresh,

School of Assetmanagement

Kochi

www.schoolofassetmanagement.com

STOCK MARKET ANALYSIS

Analysis of Stock Market

DOMESTIC MARKET

Market started the session on a flat note on lack of global cues. Nifty opened at 6030.90,and is currently trading at 5995.2 ,52.85 points down from the previous closing .HDFC Bank,PNB,SBI ,M&M etc are witnessing selling pressure,while the market is getting support from TCS,Wipro,Bajaj Auto etc.Nifty has resistance at 6102.167 and 6156.083 and support at 6008.317 ,5968.383 and 5874.53.

Sensex is trading at 20026.30 with 158.44 points down from previous closing.AUTO,METAL,BANKEX and CD are pulling the market down.Sensex has resistance at 20371.34 and 20557.93 and support at 20052.66 and 19920.57.

INTERNATIONAL MARKET
Asian markets are trading positively. Japan’s Nikkei gained 0.48 points and was trading at 10530.20.Topix rose 1.37 points and reached 925.88.Hong Kong’s Hang Seng was trading at 23807.30 with an increase of 20.99 points or 0.23 %.

FII FLOW
The net FII flow to equity sector yesterday recorded a loss of Rs.92.70 crore as against a gain of Rs.775.40 crore the previous day.The open interest for the previous day in Futures segment was Rs.47469.68 crore as against 47992.69 on Wednesday. The open interest in Options segment was Rs.37587.96 crore as against Rs.35965.83 crore the previous day. The aggregate open interest in derivative segment was 85057.64 crore. This was 83958.52 crore Wednesday. It may be observed that the aggregate open interest rose 1.01 per cent.

NEWS
• The Indian rupee fell by 11 paise to Rs 45.35 a dollar in the early trade at the Interbank Foreign Exchange on Friday, tracking gains in the American currency overseas and weak opening at the stock markets.
• The International Monetary Fund today said that capital controls can be a valuable tool for countries to curb large capital inflows, citing emerging powers Brazil and India.
• Finance Minister Pranab Mukherjee on Thursday asked the state governments to remove supply chain bottlenecks at the earliest in the food sector to bring prices down quickly, even as food inflation accelerated to a one year high.

Todays stock recommendation by analysts
COMPANY PRICE TARGET
Mukund 60.40 74
Praj Industries 81.75 116
GSFC 345.60 405
Indian Hotels 101.05 106-110

Market Analysis: Ms. Malu Suresh
School of Asset Management
Kochi
www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market Today

NSE
Today the market was highly volatile. NIFTY opened at 6141.35 and went as high as 6141.35 before closing at 6069.80. The market touched lowest for the day at 6062.35. Top gainers of today’s market were HCL,GAIL,DRREDDY,ITC etc, while the top losers were Bajaj Auto, Hero Honda, BPCL, DLF, ICICI Bank etc.The market has support at 6047.65 and 6015.50 and resistance at 6126.65 and 6173.50.

BSE
Sensex opened at 20509.95 and closed at 20301.10. The intraday high was at 20509.95 and low at 20243.95.Most of the sub indices closed negatively. BANKEX, EALTY, AUTO, and POWER were the indices which lost the most, while the market got support from FMCG,I and CD.The market has support at 20193.38 and 20085.67and resistance at 20459.38 and 20509.95.

INTERNATIONAL MARKET
Most of the Asian markets were in the negative trend. Nikkei lost 17.33 points and closed at 10380.80,Topix ended at 911.69 after losing 0.11 points, while HANG SENG gained 89.34 points and closed at 23757.80.European markets are also in the down trend. STOXX 50 retreated 40.18 points and reached 2803.99,while DAX was at 6868.11 after decreasing 107.24 points.

FII FLOW TODAY
The FII flow was negative today as the net flow recorded 849.30 crore as against 602.20 Crore yesterday. The open interest in futures market recorded Rs 47992.69 crore as against Rs. 47389.72 crore yesterday. The open Interest in options was Rs. 35965.83 crore as against Rs. 35080.50 crore yesterday. The aggregate outstanding rose to Rs.83958.52 crore in the F&O segment from Rs. 82470.22 crore on the previous day. The FII interest in cash and F&O segment has moved up by 1.80 per cent today.

NEWS TIPS
• Rupee Top Forecaster Wells Fargo Predicts 10% Jump for 2011: India Credit Wells Fargo & Co. , the best rupee forecaster in 2010, predicts the currency’s appreciation will double this year as the central bank adds to last year’s six interest-rate increases.
• Gold Imports by India May Increase This Year on Rising Investment Demand Gold imports by India, the biggest consumer, may climb this year as record prices fail to deter buyers and investors seek a hedge against inflation, according to broker Nirmal Bang Commodities Pvt.
• Larsen & Toubro Ltd., India’s biggest engineering company, will split into nine units “over time” as part of a reorganization to improve growth prospects of the businesses.
• Indian Oil Corp., the nation’s largest refiner, and Hindustan Petroleum Corp. gained in Mumbai after the companies secured crude oil supplies from Iran on credit amid a gridlock over payments.

Market Analysis: Ms. Malu Suresh,
School of Asset Management
Kochi
www.schoolofassetmanagement.com

STOCK MARKET TODAY

Analysis of Stock Market as on January 04, 2011

NSE
NIFTY opened at 6172.75 and went as high as 6181.05 before closing at6146.35. The market touched lowest for the day at 6124.40. Banks, auto and PSU stocks led the decline while FMCG and oil & gas showed resistance. Most of the sub-indices were in the negative trend.The market has support at 6176.80 and 6207.25.and resistance at 6120.15 and 6093.95.

BSE
Sensex opened at 20617.38 and closed at 20498.72. The intraday high was at 20651.21 and low at 20449.01.Sub indices which were on the negative side were BANKEX,REALTY and AUTO, while the sub-indices showed positive trend were FMCG,OIL & GAS,POWER and IT.Top gainers of todays market were Reliance, Infosys, Larsen and HDFC, while the top losers were ICICI Bank, ITC,TCS and Bharti Airtel. The market has support at 20616.95 and 20735.18 and resistance at 20414.75 and 20330.78.

INTERNATIONAL MARKET
Asian Markets were in the positive trend. Nikkei gained 169.18 points and closed at 10398.10.TOPIX reached 911.80 after increasing 1.45%. HANG SENG also ended positively with an increase of 232.43 points. European Markets also gained today, STOXX 50 gained 5.47 points and was currently trading at 2844.90.FTSE 100 gained 1.78% and reached 6005.23.

FII FLOW TODAY
The FII flow was negative today as the net flow recorded fell to 602.20 crore as against rise of Rs. 1101.50 Crore yesterday. The open interest in futures market recorded Rs 47389.72 crore as against Rs. 46404.45 crore on Monday. The open Interest in options was Rs. 35080.50 crore as against Rs. 33279.31 crore yesterday. The aggregate outstanding rose to Rs.82470.22 crore in the F&O segment from Rs. 79683.76 crore on the previous day. The FII interest in cash and F&O segment has declined today.

NEWS
FDI inflows to India fell by about 7 per cent to USD 1.6 billion in November 2010.

Market Analysis: Ms.Malu Suresh

School of Asset Management

www.schoolofassetmaangement.com

STOCK MARKET TODAY

Analysis of Stock Market as on Janaury 03,2011

BSE
SENSEX today opened at 20621.61 and reached as high as 20664.80 and touched the lowest at 20531 before closing at ,20561.05 after gaining 51.59 points .The subindices which gained today were METAL,CD,BANKEX and POWER, while the indices in the downtrend were OIL&GAS,IT and AUTO. The market has resistance at 6175.03 and 6192.47. and support at 6143.68 and 6129.77 .

NSE
Nifty opened at 6177.45, went as high as 6178.55 and touched the lowest of the day at 6147.20.Nifty closed at 6157.60Most of the sub indices were in the positive trend.negative contributers for today’s market were ICICI Bank,Wipro and Reliance,while the positive contributers being,Bharti Airtel,ONGC,HUL and Infosys. The market has resistance at 20640.23 and 20719.42 and support at 20506.43.and 20451.82

TODAY’S FII FLOW
The FII flow recorded fell to 1101.50 crore. The open interest in futures market recorded Rs 46404.45 crore. The open Interest in options was Rs. 33279.31 crore. The aggregate outstanding fell to Rs.79683.76 crore.

Market Analysis: Ms. Malu Suresh

School of Asset Management

www.schoolofassetmanagement.com