Tuesday, November 8, 2011

MARKETS CLOSES FLAT, AMID THIN VOLUMES

The uncertainty in euro zone continues to haunt the markets. There was lack of buying interest by Institutions. Some ADAG stocks, SBI, Cairn, Axis and Tata Motors are the prominent gainers in today's trading. Trading volumes were one of the lowest in recent times.

SKS Micro as expected reacted to the results and closed 8% down at Rs 192.

Ahead of its result tomorrow, SBI was up by 1.6% and closed at Rs 1997.

BPCL, IDFC and Sun Pharma were the big losers and all the 3 lost around 3%.

FIIs net bought to the extent of Rs 456Cr.

5 comments:

  1. Dear Sir,

    I am holding Tata Steel Shares (60) @ 610 which i got allotted in FPO. Looking at the pressure on the Metal Industry, what should i do with the shares ??? Shall i sell them at loss or buy more on dips to average out the cost ???

    Regards

    ReplyDelete
  2. sir your call on gspl... Will it also sink like gujarat gas with the same concerns of higher cost of gas? I am having 500@ 95.

    ReplyDelete
  3. Hi Prasanna,
    i am regular silent reader of your blog. You guide us very well. Thanks for your guidance. Keep up your good work.

    ReplyDelete