Archive for the ‘Angel Broking’ Category

Weekly Top Stock Picks By Angel Broking  

Positive Infosys numbers, receding global concerns and lower inflation buoy markets

The Indian stock markets gained ground in the last holiday-shortened week of trade, driven by decent growth guidance from ‘technology bellwether’ Infosys, seemingly receding concerns about a US recession and lower inflation numbers. During the week, the 4QFY2008 and FY2008 results gathered steam, with Infosys announcing its numbers. It did not disappoint. It’s guidance for FY2009 was heartening, coming above consensus estimates. This led to a surge in IT stocks across-the-board. Overall results are also expected to be largely good, even as the US recession, global concerns and high inflation levels could play spoilsport to some extent. Global markets also displayed a positive trend over the week, which was driven by receding fears about the impact of the US recession on the global economic engine. The US sub-prime issue also seems to be settling down to an extent, thus proving to be another factor driving the gains in global markets. Read More

Click here to read the complete weekly top stock pick report by Angel Broking.

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April 27th, 2008 at 12:23 am

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25th April 2008 Market Outlook By Angel Broking  

Dealer’s Diary

The weakness on the Indian bourses continued for the second straight session on Thursday also. After opening on a firm note, profit booking pushed the markets to lower levels towards early noon trades. Though the bulls made an attempt to bring the markets back-up, with the European markets opening weak profit booking emerged with greater intensity pushing the Indian indices into the red. Barring the BSE IT, FMCG and Bankex indices, which displayed some strength, most other sectors ended the day weak, with the BSE Metal index taking the lead. Thus, while the Sensex ended the day with 0.1% gains, the Nifty ended lower by 0.5%. However, the BSE Mid and Small-cap indices underperformed the benchmark indices with a loss of 0.9% and 0.7%, respectively. Among frontliners, ICICI Bank, Wipro, Satyam, Infosys and HUL gained 1.5-3%, while Tata Steel, NTPC, Rel Energy, RCOM and ACC ended lower 2.5-5.5%. Among Mid-caps, Crisil, P&G, Gilette, Spice Jet and Ruchi Soya gained 7-10%, whereas Kirloskar Oil, Praj Inds, National Fertilisers, Carbo Unilever and M&M Financial lost 5-6.5%.

Markets Today

The trend deciding level for the day is 5021/ 16745 .NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 5051 – 5103 / 16821 – 16920. However, if NIFTY trades below 5021/ 16745 for the first half-an-hour of trade then it may correct upto 4970 – 4940 /16645 – 16569. Read More

Click Here for the complete 25th April 2008 Market Outlook and top stock recommendations by Angel Broking.

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 26th, 2008 at 9:17 am

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24th April 2008 Market Outlook By Angel Broking  

Dealer’s Diary

Market on Wednesday finished lower in volatile trades snapping its six day winning streak on account of profit booking. After opening on a firm note the market slipped into the red in mid-morning trade. It staged a strong rebound from lower level in mid-afternoon trade, only to slide again later. Banking and Capital goods were the major laggards while Real Estate and IT stocks cushioned the sharp fall. The BSE Mid and Small-cap indices continued to outperform the benchmark indices gaining 0.4% and 0.02%, respectively. Both the benchmark indices, the Sensex and Nifty ended the day lower by 0.5%. Among the frontliners, ACC, Infosys Technology, Wipro, Grasim & Tata Steel gained 2-3%, while HDFC Bank, Hindalco, BHEL, SBI and ICICI Bank lost ground by 2-3%.In the Mid-cap segment, Blue Dart, Castrol India, Spice Tele, Hotel Leela and Ashok Leyland gained a whopping 10-20%, whereas Madras Aluminium, Electrosteel Castings, Infotech, India Cement & S.Kumars lost 5-7%.

Markets Today

The trend deciding level for the day is 5037/ 16720. NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 5070 - 5117 / 16850 – 17000. However, if NIFTY trades below 5037/ 16720 for the first half-an-hour of trade then it may correct upto 4990 – 4957/16568 – 16438.

Click Here for the complete 24th April 2008 Market Outlook and top stock recommendations by Angel Broking.

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 24th, 2008 at 4:01 am

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22nd April 2008 Market Outlook By Angel Broking  

Dealer’s Diary

The Indian stock market advanced for fifth straight day mirroring gains in global counterparts to post decent rise, shrugging off a steep 50bp hike in CRR announced by the RBI. Both the benchmark indices, Sensex and Nifty, ended with a gain of 1.6%. The BSE Midcap and BSE Smallcap were the show stealers as they outperformed the benchmark indices gaining 2.2% and 2.6% respectively. Metal shares staged a strong comeback after the recent correction. Banking shares rose taking the hike in CRR in their stride. However, IT pivotals retracted from day’s high hit in early trade on profit booking. Among the frontliners, Bharti Airtel, Ranbaxy, REL Com, Jaiprakash Associates and Tata Steel gained 4-8.5%, while TCS, ITC, Wipro, Infosys and Satyam lost ground by 1-2%. In the mid-cap segment, Mercator Lines, Biocon, Adhunik Metal, Praj Industries and Dsh TV gained 11.5-17%, whereas Mindtree, Infotech Enterprise, Onmobile, TV 18 and Orchid Chem lost 4-11%.

Markets Today

The trend deciding leve l for the day is 4944 / 16483 .NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 4999 / 16569 . However, if NIFTY trades below 4944 / 16483 for the first half-an-hour of trade then it may correct upto 4904 - 4849 /16395 – 16310. Read More.

Click Here for the complete 22nd April 2008 Market Outlook and top stock recommendations by Angel Broking.

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

 

 

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April 22nd, 2008 at 1:58 am

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21st April 2008 Market Outlook By Angel Broking  

Dealer’s Diary

Good buying interest and positive global cues helped the markets end on a strong note on the last day (Thursday) of a shortened week. Initial forecast of a near-normal monsoon this year by the Indian Meteorological Department also boosted market sentiments. IT and Banking stocks were in demand throughout the trading session. Realty and Metal stocks picked up momentum in the last hour of trade. Banking stocks were in flavour for the day after inflation easedfrom more than three years’ high of 7.4%. The wholesale price index rose 7.14% for the week ended April 5, 2008, as per latest data. Among the frontliners, Infosys, DLF, HDFC, Hindalco and HDFC Bank gained 4-7%, while Reliance, REL, L&T, ACC and HUL lost ground by 0.5-3.5%. In the mid-cap segment, National Fertilers, Tata Tele Services, Development Credit Bank, MindTree and Chambal Fertilisers gained 13-23%, whereas Usha Martin, ST Trading corp, HEG Ltd., Jain Irrigation and Orchid Chem lost 4-12.5%.

Markets Today

The trend deciding level for the day is 4944 / 16483 .NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 4999 / 16569 . However, if NIFTY trades below 4944 / 16483 for the first half-an-hour of trade then it may correct upto 4904 - 4849 /16395 – 16310

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 21st, 2008 at 5:13 am

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Agri Fundamental Report By Angel Commodities  

 

Click here to read the Agri Fundamental Report By Angel Commodities.

Contents:

  • Chana
  • Guar
  • Black Pepper
  • Red Chilli
  • Turmeric
  • Jeera
  • Soya Complex
  • Mustard Seed
  • Sugar

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 19th, 2008 at 2:36 am

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Derivative Report By Angel Broking  

  • A Nifty future has not shown any significant change in OI as it has increased by nominal 0.67% with fall in price by 0.23%. MINIFTY has shed open interest by 13.48%.

  • A Nifty future is trading at a discount of 1.30 points from a premium of 17.50 points.

  • Nifty PCR-OI has slipped to 1.24 levels from 1.28 levels.

  • Implied volatility of at-the-money option has further gone down to 24.60% from 26%.

  • Total Stock futures OI is Rs.24, 624 crores.

  • Stocks which are trading at a remarkable premium are PURVA, SRF, PATELENG, DCB and HTMTGLOBAL.

  • Nifty rollovers are 27.41%. Stocks like BHARATFORG, IOB, HINDALCO, UNITECH, and MAHSEAMLESS have witnessed maximum rolls. Read More.

Click here to read the complete Derivative Report by Angel Broking.

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April 18th, 2008 at 5:02 am

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17th April 2008 Market Outlook BY Angel Broking  

Dealer’s Diary

The markets on Wednesday opened positive mainly aided by the global markets. Both the benchmark indices, the Sensex and Nifty ended with gains of around 1% and 0.2%, respectively. Among the sectoral indices, the BSE IT and BSE Tech were the major gainers ending the day 4% and 2%, respectively. Banking and Cement majors meanwhile bore the brunt of the selling activity. The BSE Mid and Small-cap indices were the show stealers as they outperformed the benchmark indices gaining 1.4% and 1.8%, respectively. Among the frontliners, Reliance Hindalco, Reliance Energy, Wipro and Infosys gained 1.5-6%, while NTPC, Tata motors, Jaiprakash Associates, BHEL and Ambuja Cements lost ground by 2-4%. In the Mid-cap segment, Motilal Oswal, Orchid Chem, Onmobile, Usha Martin and Bombay Dyeing gained 10-16.5%, whereas Rajesh Exports, Bilcare, Ruchi Soya, United Breweries and Balaji Telefilms lost 3.5-5.5%.

Markets Today

The trend deciding level for the day is 4904/ 16286 .NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 4934 – 4982 / 16372 -16501 . However, if NIFTY trades below 4904/ 16286 for the first half-an-hour of trade then it may correct upto 4857 – 4827 /16157 - 16070 Read More

Click Here for the complete 17th April 2008 Market Outlook and top stock recommendations by Angel Broking.

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 17th, 2008 at 2:02 am

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16th April 2008 Market Outlook By Angel Broking  

Dealer’s Diary

The market on Tuesday opened lower after an extended weekend.But it soon pared losses, led by gains in key IT stocks after sector bellwether, Infosys, declared positive quarterly results. Both the benchmark indices, Sensex and Nifty, ended with gains of 2-2.5%. Amongst the sectoral indices, the BSE IT, BSE Tech and BSE Healthcare were the major gainers ending the day higher by 5%, 4% and 3% respectively. Among the frontliners, Reliance Wipro, RCOM,

Infosys, TCS and Ranbaxy gained 4.5-9%, while ACC, HDFC, Ambuja Cements, HDFC Bank and Hindalco lost ground by 0.5-1.5%. In the mid-cap segment, Ruchi Soya, 3iInfotech, Zee News, Bombay Dyeing and Orchid Chem gained 7-16.5%, whereas Development Credit bank, Max India Limited, India Cement, Gujrat NRE Coke and Balaji Telefilms lost 3-10%.

Markets Today

The trend deciding level for the day is 4835 / 15992 .NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 4962 / 16411 . However, if NIFTY trades below 4835 / 15992 for the first half-an-hour of trade then it may correct upto 4753 / 15735 Read More

Click Here for the complete 16th April 2008 Market Outlook and top stock recommendations by Angel Broking.

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 16th, 2008 at 2:08 am

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15th April 2008 Market Outlook By Angel Broking  

Dealer’s Diary

The markets on Friday opened positive but drifted to lower levels on announcement of a sharp surge in inflation data. The wholesale price index (WPI) rose 7.41% in 12 months to March 29, 2008, accelerating from the previous week’s annual rise of 7%. The rate is the highest since November 13, 2004 when it stood at 7.68%. However, afternoon trades saw the markets paring some losses post a positive Index of Industrial Production (IIP) data got released. The IIP rose 8.6% in February 2008 yoy, rising from the previous month’s upwardly revised 5.8% growth. As a result, both the benchmark indices, the Sensex and Nifty ended with gains of around 1%. Amongst the sectoral indices, the Capital Goods and Oil & Gas were the major gainers ending the day 3% higher. Among the frontliners, Reliance Energy, Satyam Computers, Reliance, L&T and BHEL gained 2-4%, while Ranbaxy, ITC, HUL, Infosys and Ambuja Cements lost ground by 1.5-3.5%. In the Mid-cap segment, Kalyani Steels, India Infoline, Orchid Chem and Gateway Dist gained 6.5-8.5%, whereas Aztrazen Pharma, Phoenix Mills, Coromandel Fertilizers, Mindtree and IL&FS lost 3-5%.

Markets Today

The trend deciding level for the day is 4774/ 15813 .NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 4821 / 15952 . However, if NIFTY trades below 4774/ 15813 for the first half-an-hour of trade then it may correct upto 4731/15668. Read More

Click Here for the complete 15th April 2008 Market Outlook and top stock recommendations by Angel Broking.

For more stock tips, share market information and news, demat account opening and online share trading help in Mumbai and India Log on to www.angeltrade.com (top retail broking house in India and Mumbai) or kindly contact sales@angeltrade.com / 022 – 40003630

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April 15th, 2008 at 12:11 am

Posted in Angel Broking