Monday, October 24, 2011
BSE Bulk Deals to Watch - Oct 24 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
24/10/2011 530027 Aadi Inds PRITI MANOJ RUPAREL B 95000 16.70
24/10/2011 530027 Aadi Inds MAYUR RAMNIKBHAI PATEL S 183658 17.17
24/10/2011 531560 Aroma Enterprises RUPESH BHOGILAL BHATIA B 51000 84.08
24/10/2011 531560 Aroma Enterprises CHUNILAL MISHRIMAL SANGHVI S 51000 84.08
Asia-Pacific markets surge on easing Europe worries, strong China manufacturing data
Markets clung to hopes that European policymakers were moving a step closer to resolve the region’s debt crisis.
Asia-Pacific markets expanded gains throughout the day after kicking off the new trading week in positive fashion, with the Thomson Reuter Asia-Pacific index climbed up 2.37% at 155.93 while the MSCI Asia index (excluding Japan) surged 3.45% at 474.53 Monday, October 24, 2011, as appetite for riskier assets rejuvenated after better than expected reading on China's HSBC October flash PMI data and Japan export data, and on growing optimism that eurozone leaders may announce stronger rescue package for the region's struggling economies.
Market snaps two-day losses on Europe bailout hopes, China data
Key benchmark indices edged higher on Dhanteras, which marks the beginning of Diwali festivities, snapping a two-day losing streak, on news that euro-zone leaders are making progress toward agreeing measures to tackle the sovereign debt crisis. But, Indian stocks trimmed gains amid late volatility, as caution set in ahead of the central bank's monetary policy review tomorrow, 25 October 2011. The barometer index BSE Sensex failed to retain the psychological 17,000 level, which it had regained at the onset of the trading session. The market breadth turned negative from positive in late trade. The Sensex was up 153.64 points or 0.92%, off close to 165 points from the day's high and up about 40 points from the day's low.
Market poised for firm start on buoyant global cues
The market is likely to edge higher tracking positive global cues. Asian stocks advanced on Monday while US markets settled higher on Friday after euro zone leaders made some progress towards a strategy to tackle the region's debt crisis. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 56.50 points at the opening bell. Cigarette major ITC, Sterlite Industries and Titan Industries will unveil their Q2 results today, 24 October 2011.
Stocks may remain volatile in the immediate future as traders roll over positions in the futures & options (F&O) segment from the near-month October 2011 series to November 2011 series. The near-month October 2011 derivatives contracts expire on Tuesday, 25 October 2011.
Markets set for a strong start on Dhanteras
European Union leaders have made some progress toward a strategy to fight the euro zone's sovereign debt crisis. The start is likely to be on a strong note.
Headlines for the day
JSW to raise steel prices by 2-3%, cuts spot sales
Diesel sales at RIL outlets close to nil
Piramal joins race for Milestone Capital
Tatas mull Group CEO post to ease chairman's workload
IDBI Bank plans to raise $200 million from Swiss market
Stocks in News
KPIT Cummins to set up subsidiary in Brazil by December.
Supreme Industries plans Rs200-crore capex.
Shriram Transport to open 50 automalls.
NMDC to buy four more iron ore assets abroad.
SEBI's new takeover rules come into force.
Oil & Natural Gas Corporation ( ONGC) to gain Rs1,300 crore as rupee falls to 30-month low.
DoT expects 2G spectrum allocation in 2-3 months.
DTH to Sun Direct: Maran's role under CBI scanner.
Sterling Holidays to open 5 resorts soon, plans to go overseas.
Everest Industries sees 25% revenue growth from PEB vertical.
RBI may again raise policy rates by 25 bps: bankers.
IDBI Bank plans to raise $200 million from Swiss market.
NSE, BSE to trade in gold ETFs till 8 pm on Dhanteras.
NSE to launch SME Exchange shortly.
Subscribe to:
Posts (Atom)