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(prHWY.com) March 7, 2013 - indore, India -- Indian Market
* Indian equity markets were up 0.59%
* Nifty down by 34.35 pts and settle at
* Sensex up by 109.44 pts at 19252.61
* Bank Nifty up by 84.15 pts at 11876.20
* European markets were up with FTSE
up by 5.14 closed at 6437 ,CAC up by
11.34 closed at 3798 and DAX up by
81.33 closed at 7951.
* Dow future was up 45.00 closed at
* Key benchmark indices edged higher as world stocks rose as a bullish survey on the US service sector fed on Tuesday, 5 March 2013, into indications that the US economy is gradually improving. United States is the world's biggest economy. The barometer index, the 30-share S&P BSE Sensex, was provisionally up 128.18 points or 0.67%, off close to 20 points from the day's high and up about 80 points from the day's low. The market breadth was strong. The BSE Small-Cap index surged 1.5%. The BSE Mid-Cap index was up more than 1%. Indian stocks gained for the second straight trading session today, 6 March 2013.
* Key benchmark indices edged higher in early trade on firm Asian stocks. The barometer index, the 30-share S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit their highest level in almost one week. The market trimmed initial gains in morning trade. The market regained strength in mid-morning trade. The Sensex trimmed gains after hitting fresh intraday high in early afternoon trade. A bout of volatility was witnessed as key benchmark regained strength after trimming intraday gains in mid-afternoon trade.
* S&P BSE Sensex was up 128.18 points or 0.67% to 19,271.35.
* CNX Nifty was up 38.45 points or 0.66% to 5,822.70
* Among the 30-share Sensex pack, 20 stocks gained while rest of them fell.
* Realty stocks surged. HDIL, Sobha Developers, Unitech and D B Realty rose by 3.23% to 12.23%
* Govt gives nod to Tata-AirAsia's airline
* Investors need not worry, fundamentals
of co intact: NHPC
* Focus is on yields, not market share:
* To focus on Europe, won't stop yearly
rev guidance: Infosys
STOCKS TO WATCH
* BANK OF INDIA
FACTORS TO WATCH
* Nifty looks Bearish
* Strategy: Sell on rise
* Support: 5780
* Resistance: 5860
* Bank Nifty looks Bearish
* Strategy: Sell on rise
* Support: 11800
* Resistance: 11920
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