PLUWAR'S INDIAN INDEX REPORT

INDIAN INDEX REPORT
      Today's Asian markets ends balanced 3 markets ends negatively and 3 markets ends positively. So Indian markets open positively but very soon it declined and hit its day low so some weak shares like BHEL, ACC, JPASSOCIAT are getting more weak, Index trading up and down till 11.00 a.m then started raising, it gives a strong support for some strong shares like COAL INDIA, TATAMOROTS, HDFC BANK to raise its price.
       As per expectation Euorpean markets open positively so Indian markets consistently get raise.
Opening points of Europen markets:
FTSE: 5777.34  (+32.05)
CAC  : 3266.65  (+26.36)
DAX  : 6765.51  (+33.48)
      After the positive opening of European markets Indian shares gets raises and hit its new day high. Then Indian markets ends the day positively.

CLOSING INDEX:
SENSEX: Open: 17432.89     Closing: 17503.71
             Change: 111.32      %Change: 0.62%
             High: 17530.30       Low: 17361.71

Nifty: Open: 5320.60     Closing: 5332.40
          Change: 32.40      %Change: 0.61%

Nifty Gainer:
COAL INDIA: 361.60     Gain: 13.55      %Gain: 3.89%
                   Day High: 362.80     Low: 347.30
Nifty Losser:
BHEL: 250.55     Loss: -10.25      %Loss: -3.93%
         Day High: 257.55     Low: 249.45

Global Markets Technical Report (European Markets)

European shares rally ahead of Spanish debt auction

Europe's top shares gained on Thursday as Spain prepared to test investors appetite for risk at its auction of two- and 10-year bonds, while CaixaBank underperformed after its first-quarter profit plunged.
The FTSEurofirst 300 index of top European shares added 7.42 points, or 0.7 percent to 1,053.60 by 0709 GMT, having pared Tuesday's sharp gains in the previous session.
Investors will watch Spain's bond yields nervously as the debt auction comes the day after the country revealed that banks' bad loans surged to their highest since October 1994 in February. Spanish stocks were up 0.8 percent, having slipped 4 percent on Wednesday.
Gerry Celaya, chief strategist at Red Tower Research, said he expects the Spanish bond auction to be well supported but sees bond yields creeping above 6 percent in the longer-term as appetite for the debt fades, which will cause bond yields in other shaky peripherals such as Italy to drift higher.
He said the rising bond yields will have a further negative impact on the stocks and forecasts Germany's Dax index, which has enjoyed a 14 percent rise at the start of 2012, to close around 14 percent below its current level of 6,779.
While Europe's top shares pushed higher early on Thursday, Spanish bank CaixaBank fell 0.5 percent after revealing the pressure its business is under from the austere economic conditions in Europe.
\

MARKET UPDATES

INDIAN MARKETS UPDATES
      Expectations on that front are not good.
The energy conglomerate controlled by billionaire Mukesh Ambani is expected to report its second consecutive drop in quarterly profit, as refining margins slip and as gas output slows.
Top-ranked analysts from StarMine are more pessimistic, forecasting fiscal fourth-quarter net profit will come in at 41.9 billion rupees ($810.05 million), or about 5 percent below wider consensus forecasts.
Reliance shares were down 0.3 percent, having dropped nearly 9 percent since the start of March, compared with about a 1.7 percent fall in the broader Nifty index
"Reliance industries earnings is one of the events the investors are waiting for, " said Hiten Gala, a senior manager of advisory at Brokerage Sharekhan, adding the results would likely determine market direction in the near-term.
The country's main 30-share BSE index and the 50-share NSE index were down 0.04 percent each.
Indian shares were flat as caution prevailed ahead of key earnings results, none more important than blue chip Reliance Industries on Friday.

GLOBAL MARKET UPDATES

GLOBAL MARKETS

US MARKETS
Earnings versus Europe: What will drive markets
A rush of corporate earnings news should help steer stocks Thursday, but Europe's sovereign debt crisis could come back into play, depending on the outcome of Spanish bond auctions.
Despite drop, tech stocks remain market's best bet
Wall St snaps 2-day rally on renewed fears over Euro zone
Indian ADRs: MTNL slips 3.8%, ICICI Bank, HDFC Bank down
Wall St slips on IBM, Intel; Chesapeake slides

ASIAN MARKETS
Asia trading mixed; Hang Seng up, Nikkei down
At 7: 27 am (IST), Asian markets were trading mixed.
Asian markets cautious before Spain auction 

CURRENCY UPDATES

USD/INR on rises above 52 ahead of Spanish debt auction...      Indian rupee reversed its early gains and tumbled to its lowest level in three-months against the US dollar on Wednesday after state-run banks stepped up to buy dollars on behalf of oil importers. In addition, sharp fall in Euro and other risky currencies in European hours on resurface of Spain debt concern further fueled weakness in local currency.
Finally, it was trading at 51.77/78 per dollar, closed to its fresh three-month low at 51.80- a level not seen since Jan. 16 and 0.6% weaker than Tuesday’s close of 51.48/49 per dollar.
Indian rupee is likely to open slightly weaker against the US dollar in sync with other Asian currencies tracking broader strength in US dollar as Euro-zone debt concern mounted ahead of 10-year Spanish debt auction later today but major currencies recovered from overnight low on rumour that China will lower CRR. However, at domestic front robust dollar demand by oil importers and defence related payment might weigh on rupee.

Global Market Updates ( European Markets )

EUROPEN MARKETS
      European stock index futures pointed to a
fractionally lower start on Wednesday as shares took a breather after a two-day
rally that has set a key euro zone index on course to snap a streak of four
consecutive weekly losses. 
     At 0623 GMT, futures for the Euro STOXX 50, France's CAC
and Germany's DAX were flat to 0.1 percent lower. Earlier, financial
spreadbetters expected Britain's FTSE 100 to open as much as 0.1 percent
higher.
    The euro zone blue-chip Euro STOXX 50 index recorded its biggest
daily gain year to date on Tuesday a s it rose 65.86 points, or 2.9 percent,
boosted by a well-received Spanish debt auction, an upbeat German economic
sentiment reading and positive U.S.

Global Markets Updates

GLOBAL MARKETS
US MARKETS

Wall Street ends higher on positive earnings
The US markets saw a broad rally finally ending the day near session highs, with all three major averages logging their best rally in a month, helped by a handful of positive earnings reports and as fears over Europe diminished.
Indian ADRs: HDFC Bank up 5%, MTNL gains 4%

ASIAN MARKETS
Asian markets trading higher; Hang Seng, Nikkei up
At 7: 52 am (IST), Asian markets were trading higher.
Asia shares rebound as Spain debt worry eases

PLUWAR'S STOCK MARKET INSIGHT

PLUWAR'S STOCK MARKET INSIGHT

     Today's Indian market open negatively at 9.45p.m. Indian market get recover on hit its day high SENSEX: 17,398.22  NIFTY: 5.306.75
     Some strong shares like COAL INDIA, DRREDDY, HEROMOTOROCO hits its day high, but index is not so strong so some shares like INFOSYS, TCS, WIPRO are trading negatively.
     As per expectation today's European markets open negatively, all the three of the euro markets
England's FTSE, France's CAC, German's DAX was open negatively and it consistently trade negatively, so Indian markets get weak and traders started sell their shares so Index started falling sharply so some strong shares loss its opportunity to hit its new day high, same time some weak shares hit its new day low and finally Indian market hit the week negatively. For the third time Index hits the day negatively.

CLOSING INDEX:

SENSEX:
Open   : 17232.56         Closing: 17094.51
Change: -238.11           %Change: -1.37%
High    : 17398.22         Low       : 17027.30

NIFTY:
Open   : 5255.70           Closing  : 5207.45
Change: -9.40              %Change: -1.32%
High    : 5306.75           Low      : 5185.40

NIFTY GAINER:
COAL INDIA: Gain: +6.55 points  ( 1.97% )

NIFTY LOSSER:
INFOSYS: Loss: -328.25 points ( 11.93% )

Global Markets Updated

European shares edge lower on China growth data

European shares resumed their decline on Friday after gains in the previous two sessions as lower-than-expected Chinese growth data dampened market sentiment.

Global Markets Updates

GLOBAL MARKETSUS MARKETS
US mkts ends higher amid hopes for further monetary easing -
The US markets rallied for a second session yesterday, recouping from the recent selloff, boosted by stronger prospects for GDP growth in China and amid hopes for further monetary easing.

Indian ADRs: Sterlite Ind up 3.8%, Tata Comm up 3%
World stocks gain on US export surge, euro rises
Wall St up on euro zone yields, earnings bets
Wasn't Europe fixed? Fears rise again over debt crisis

ASIAN MARKETS
Asian markets trading higher; Hang Seng, Nikkei up
At 7: 42 am (IST), Asian markets were trading higher.
Asian shares up on Italy debt sale, shrug off N.Korea

Currency Updates

Indian rupee trimmed its early gains and fell sharply against the US dollar on Thursday soon after India’s industrial output came much lower than expected. Besides, persistent dollar demand by oil refiners and capital outflow concern on downward revision of Jan. IIP reading weighed on rupee.
In the economic events, India’s industrial production rose at a slower pace of 4.1% in Feb against expectation of 6.7% annually, while January reading was revised sharply downward to 1.1% versus preliminary estimates of 6.8%.
Indian rupee is likely to open slightly higher around 51.50 vs. 51.59 closes on Thursday as overnight gains in higher beta currencies led a heavy selling pressure in US dollar in early Asian trade, while PBOC has set Chinese Yuan at $6.2879 vs. $6.2984, nearly 100 points lower further boost risk selling in Asian units.

Markets Updates

* Indian rupee seen up on capital inflow hopes
* Indian bond yields seen falling on rate cut hopes
* Singapore dlr up on MAS to lift appreciation slope
* Crude rises as China GDP talk lifts markets
* Foreign institutional investor flows

Market Updates

INDIAN STOCKS TO WATCH
      Infosys Ltd, India's second-largest software services exporter, reported a 27.4 percent rise in quarterly net profit, meeting forecast, after customers ramped up orders to cut operational costs.

Market Updates

     Asian shares rose on Friday on better-than-expected demand for Italian sovereign debt, shrugging off a rocket launch by North Korea that South Korean officials said had failed.
     Trading may later be dominated by China data showing the economy grew at a slower-than-expected 8.1 percent in the first quarter, the slowest pace in nearly three years.
     U.S. stocks scored a second day of solid gains on Thursday, led by materials and energy stocks, as investors set aside weak figures on the domestic labor market.

PLUWAR'S STOCK MARKET INSIGHT

PLUWAR'S STOCK MARKET INSIGHT on 12-04-2012
      Due to strong positive US and Asian Markets Indian open and trade positively and hits its day high
Sensex's day high: 17395.15   Nifty's day high: 5290.60, after 10.30a.m  Index slips it points and then it get recover and some strong shares like Jindalsteel, Ster, Axis Bank  hits its day high and again at 1.30p.m European markets open, as per expectation two of the European markets Frances's CAC and German's DAX open positively but England's FTSE was open negatively but it get reover very soon itself at that time Indian markets again slips it points so some weak shares like Drreddy, Cairn, Infosys hit its day low same time some strong shares also slips its points sharply. Then at the End Index get reover and it helps the strong shares to hits its new day high and fianly Indian markets end the today positively.

CLOSING INDEX:

SENSEX:
Open       : 17276.87     Closing  : 17322.62
Day High: 17395.15     Day Low: 17276.87
Change   :  133.22        %Change: 0.77%

NIFTY:
Open       : 5246.75      Closing  : 5276.85
Day High: 5290.60      Day Low: 5246.75
Change   :  50.00         %Change: 0.96%

NIFTY GAINER:
JINDALSTEEL: Gain: +24.20  (4.97%)

NIFTY LOSSER:
DRREDDY: Loss: -38.70 (2.23%)

Global Markets

As per expectation two of the European Markets open positively, but U.K's FTSE was open negatively.
European Markets:FTSE:  5626.90   Chg:  - 7.84
CAC  :  3242.55   Chg:   4.86
DAX  :  6707.80    Chg: 33.07

Global Market Updates

European Markets set to rise on Thursday 12-04-2012
     European stocks were set to rise on Thursday,
adding to the previous session's tentative recovery following a week-long slide,
but gains could be limited as investors brace for a key Italian bond auction.
    At 0610 GMT, futures for Euro STOXX 50, for Germany's DAX
and for France's CAC were up 0.1-0.5 percent.
    Italy plans to offer up to 5 billion euros, including its March 2015 BTP
bond and 3 off-the-run issues, with yields expected to rise.
    On Wednesday, Italy's one-year borrowing costs doubled in a sale of
short-term bills, fuelling fears over weaker euro zone countries and
highlighting investors' nerves ahead of Thursday's more challenging auction of
three-year bonds.
    Worries that Spain's budget troubles will spread to Italy and the slow
progress made by Rome on structural reforms have recently reversed a falling
trend for Italy's debt costs, with the 10-year bond yield back
above 5.5 percent.

Currency Updates

USD/INR looks volatile ahead of Feb. IIP data...

Indian rupee recouped all of its early losses to fresh three-month low and closed slightly higher against the US dollar on Wednesday as dollar sales by exporters and sharp reversal in higher beta currencies added positive bias for local currency.

Finally, it ended down by 5 paise to 51.43 per dollar after hitting 51.65 per dollar- a level not seen since Jan.16. It had closed at 51.48 per dollar on Tuesday.

Indian rupee is expected to start session slightly weaker against the US dollar tracking weakness in Asian and other major currencies on Europe’s debt concern after Germany failed to meet its debt auction target but rupee could be volatile in afternoon session ahead of Feb. industrial production data, which expectation lies at 6.7% in Feb against 6.8% rise in Jan.

Market Updates

Trade Information

• US mkts end lower for 4th straight day on weak jobs data
• Indian ADRs: MTNL down 2.8%, Tata Motors slips 2.4%
• World stocks struggle, China data eyed
• World shares, oil fall as US jobs data stirs concern
• Spain's unemployment rate continues to raise. 

PLUWAR'S STOCK MARKET INSIGHT

Pluwar's Stock Market Insight on 11-04-2012
     Due to weak Asian markets  Indian markets open Negatively, opening point of Sensex: 17125.96  Nifty: 5209.45. Indian markets consistently trading in Negative points, then Indian markets started recovery and finally it get recovered due European marketes.
Two of the European market open negatively but German's DAX was open positively, so Indian markets get recovery Sensex and Nifty hits its day high of Sensex: 17319.15 Nifty: 5263.65, But again Index get declined and it ends the day negatively.

SENSEX: Opening: 17125.96     Closing: 17199.40 
                   Change: -44.44            %Change: -0.26%
                   Day High: 17319.15     Day Low: 17075.89

Nifty: Opening: 5209.45        Closing: 5226.85
             Change  : -16.75            %Change: -0.32%

Nifty Gainer:
KOTAKBANK: Gain: 2.07%

Nifty Losser:
ACC: Loss: -4.89%

Global Market News

European market open in negative points.
European markets:
FTSE: 5578.82   Chg: -16.73
CAC  : 3206.98   Chg: -10.62
DAX  : 6613.34    Chg:  +6.91

Global Market Updates

More losses for European stocks
     European stock futures pointed to further losses for equities on Wednesday after 12-week lows in the previous session, with rising Spanish and Italian yields and global growth concerns seen prompting investors to sell cyclical stocks.

Currency Updates

USD/INR looks vulnerable to test $52...      Indian rupee trimmed its early gains and tumbled to near three-month low against the US dollar on Tuesday as weakness in Asian and major currencies encouraged investors to prefer safe harbor US dollar, while persistent dollar demand by oil importer and choppy local shares further weighed on rupee.
     At the end, the partially convertible rupee ended at day’s low at 51.48 per dollar, its lowest level since Jan16 and 0.7% weaker than Monday’s close of 51.15 per dollar.
Indian rupee is set to register a gap down opening around 51.62 vs. 51.48 against the US dollar tracking sharp decline in Asian currencies on capital outflow concern, while renewed Euro-zone debt concern after Spain borrowing cost hit its highest level in four-month also hurt the broader risk appetite. However, we expect exporters might sale dollars around 52 levels to cash their receivables on sharp depreciation in rupee.

Pluwar Consultants: Market Updates

Pluwar Consultants: Market Updates:      Asian shares fell for a third straight day on Wednesday as uncertainty over global growth prospects, and resurfacing worries about deb...

Market Update

Nifty has support in the range of 5200-5150 and closed below the mentioned support range will lead to further downside in the markets. However upside is capped at 5400 levels.

Market Updates

INDIAN STOCKS TO WATCH

    India is likely to decide on a proposal to allow foreign
carriers to invest in local airlines as early as Thursday, a
senior government official said, which could provide a lifeline
to cash-starved and debt-laden carriers like Kingfisher Airlines.

Market Updates

     Asian shares fell for a third straight day on Wednesday as
uncertainty over global growth prospects, and resurfacing
worries about debt restructuring in the euro zone, prompted
investors to continue trimming their risk exposures. 
     The selloff in U.S. stocks accelerated on Tuesday, as the
Dow and S&P 500 dropped for a fifth day, with the pullback
coming on the cusp of earnings season. 

Pluwar Consultants: Market Updates

Pluwar Consultants: Market Updates: Today's Indian Market closing expected to be around: Sensex: + or - 40 points Nifty: + or - 20 points

Market Updates

Today's Indian Market closing expected to be around:
Sensex: + or - 40 points
Nifty: + or - 20 points

Market Updates

Europe Factors-Shares set to drop after disappointing US jobs

     European stocks are set to drop on Tuesday
following a long holiday weekend, tracking sharp losses on Wall Street where
disappointing U.S. monthly jobs data prompted investors to further cut their
exposure to risky assets such as equities.
    U.S. payrolls rose far less than expected in March, data showed on Friday,
adding to a series of weaker-than-expected U.S. indicators, which have taken the
edge off a brisk stock rally in the first quarter.
    Financial spreadbetters expected Britain's FTSE 100 to open 48 to 51
points lower, or down as much as 0.9 percent, Germany's DAX to open 112
to 115 points lower, or down as much as 1.7 percent, and France's CAC-40
to open 56 to 57 points lower, or down as much as 1.7 percent.

PLUWAR'S STOCK MARKET INSIGHTS

PLUWAR'S STOCK MARKET INSIGHTS on 10-04-2012
        
      Today's Indian Market Sensex and Nifty Open in Negative points due to US market end lower for the 4th straight day on weak Job data.
      Indian Market Sensex and Nifty was tradaing neutraly up and down, so there is no movement in prices of shares.
      Some strong shares like HDIL, TATAMOTORS, JSWSTEEL are not getting enough movements to hit their targets.
      Today's analysis report says European market will open in negative points.  If the European markets trade in high negative points means Indian markets will be ends around:
 Sensex: 17109.78      Nifty: 5197.76.

Market Updates:

The National Stock exchange's 50-share index, which rose 3.5 percent in the last three sessions, also took cues from global markets which fell after the U.S. Federal Reserve minutes showed policy makers there were less keen for a new round of monetary stimulus..
The NSE's banking index was down 0.9 percent after the 5.1 percent rise over the last three sessions.
Traders are refraining from keeping positions open until as the market is closed on Thursday and Friday for holidays.
Shares in State Bank Of India were lower by 1 percent at 2,150.30 rupees and private lender ICICI Bank 1.5 percent at 894.70 rupees.
The Nifty was down 0.57 percent at 5,328.25 points and the 30-share BSE index 0.45 percent at 17,517.66 points.
Indian shares were lower in opening trade on Wednesday, mainly because of profit taking in banks ahead of a long weekend.

Market Update

Foreign investors bought a net of 2.5 billion rupees ($49.3 million) in Indian equities on Monday, the first session of the quarter, according to provisional National Stock Exchange data.
Looking ahead to the rest of the session, traders are particularly eyeing a Supreme Court ruling regarding petitions to review its February order revoking the 2G telecom licenses granted in a scandal-tainted 2008 sale.

Marketn Updates

Indian shares rose, led by lenders, on growing expectations for a rate cut from the central bank during its mid-April meeting, while rising global equities are raising confidence foreign investors will continue to buy into the country's stocks.