About Me

My photo
Mumbai, Maharashtra, India
Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.

FANS

FOR THE NEW USERS

THIS BLOG IS A FRIENDLY EFFORT TO ENABLE USERS TO MAKE PROFIT BY PUTTING MY KNOWLEDGE TO THEIR USE. STOCK PICKS GIVEN HERE ARE FOR TRADING, THEY ARE REAL TIME AND MOMENTUM STOCKS I.E. THEY WILL RISE / FALL VERY FAST GIVING QUICK PROFITS. USERS SHOULD MAKE THEIR TRADING STRATEGY AND ENTER THE STOCK IMMEDIATELY AND EXIT AS PER THEIR PRUDENCE WHEN TRADE FETCHES 15-20% RETURN.

Before using the blog,I advise viewers to read my very first few posts which I wrote when I started this blog.

Wednesday, July 29, 2009

Sensex

India's Sensex Stock Index Declines, Led by Tata Motors, DLF

July 29 (Bloomberg) -- Indian stocks fell for a third day, led by Tata Motors Ltd. and DLF Ltd. after investors judged recent gains excessive.

Tata Motors, India's biggest truckmaker and owner of Jaguar Land Rover Ltd., sank 5.3 percent, paring its year-to-date gain to 146 percent. DLF Ltd., the biggest real estate developer, slumped, lowering this month's advance to 28 percent. Tata Steel Ltd. sank 6.5 percent after it reported a worse-than-expected 47 percent drop in first-quarter profit.

The Bombay Stock Exchange's Sensitive Index, or Sensex, fell 200.64, or 1.3 percent, to 15,131.30, according to preliminary closing prices. The gauge changed direction at least six times. The S&P CNX Nifty Index on the National Stock Exchange lost 1.4 percent to 4,500.20. The BSE 200 Index retreated 1.4 percent to 1,856.63.

To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net





No comments:

Monitor link