Market report 25th april 08

Sensex yestereday witnessed a a volatile session as we told u in the morning due to the month end and the settlement day , we saw a lots of ups and down in the sensex .. nifty some how managed to closed just at 5000 lvls with 1point low..
From the past six trading session ... we have seen FII were the net buyers in both equity and cash markst .. volumes are imporving day by day.. But the global markets are gona playa an important role in the sensex to rcvr its momentum.. yes shrt term we are in bear markets and these kind of rallies keep the intrest up in investors ,.. to stay invested in sensex..

Nifty is facing stif resistance at 5080 lvls and we haveseen from past session every attemnt is being a failure for nifty to cross 5100 mark , some strong positive clue is required for nifty to trade abv and brk 5100 barrier..

Yesterday gain in DOw jones on account of the good job nos .. although dow jones fell from its significants highs .. but close with the gains of 2 digit mark..

Microsoft reported a rise in earnings that beat expectations, but the company's shares declined by more than 5 percent as its outlook disappointed investors..

Nikkei istrading up on account of weak yen .. where as hang sang is a bit weak..

Hero honda came out with nos yesterday , the stock gained alsmot 25 rs on account of the company new venture , compay is looking to enter in to the finance buzz to start with forits two wheeler segemnt .. it may be within the company in the start..

Maruti Suzuki net profit fell 34 percent courtesy forex lossesand the effect is clearly seen on the stock price,...

RBI meet is on 29th April. We expect the RBI to maintain the rate as such given the dip in inflation in the last two weeks and the nos are gonna came today also .. will also be within line as per the market analyst ...

watch out for ..

Bombay Rayon to buy Italy`s Guru brand ..

Goldman Sachs buys 8.16 percent in NDTV from the promoters , who offloaded 7.85 percent stake last week....

Reliance Globalcom, a subsidary of Reliance Communication Ltd acquires Britain's eWave World..

Infosys, Wipro plans to jointly invest Rs 1,000 cr in Kolkata...

SpiceJet is likely to merge with domestic operator Indigo...........

nifty will be taking support at 4970 and resis at 5050- 5090
mark .. keep ur nifty long hold on with sl of 4800 .. 17300-17700 is the range expected for sensex in may ...

have a grt day !!!