Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Market summary 11 11-11
1. Market Summary 11-11-11
Sensex and Nifty ended the Friday trade on the negative
territory due to weak IIP data.
Sensex shed 169.28 points to 17,192.82 points on Friday
market close and Nifty watered 52.20 points to 5,168.85
points
Out of the total 2,961 stocks traded in BSE, 941 stocks
were advanced and 1,907 stocks were declined.
In sector wise, the metal, Banking, capital goods stocks
were watered 2-3% on NSE.
Auto and Cement stocks were the gained marginally in
the weak Mumbai market.
The Index of Industrial Production (IIP) has grown at a
slow rate of 1.9% in September against 3.6% growth
witnessed in the same period of the last year.
2. India’s Food Inflation rose to 11.81% during the week
ended October 29, 2011 versus 12.41% recorded in the
prior period.
Adani Power shares were declined 2% despite the
company posted a rise of 41% to Rs.177 crore for the
September quarter of the current fiscal year.
Tata steel shares were plunged more than 4% as the
September quarter results tumbled 93% to Rs.139
crore.
Realty major DLF debt stood at Rs.22,519 crore as of
June 30, 2011; Stocks plunged more than 2% on BSE.
Lakshmi vilas bank has posted a net profit of Rs.29
crore for the September quarter, an increase of
18%(Rs.25 crore) over a year.
3. The stocks of Varun Industries were surged 2% in the Mumbai market
after the company posted a net profit of Rs.15.4 crore with a growth of
24% against a year ago period.
Muntra port had registered a growth of 29% increase in its net profit at
Rs.273 crore in the September quarter 2011; Shares nosedived 5% on BSE.
Educomp Solutions net plummeted 78% to Rs.12.7 crore in the July-
September quarter; shares of the company declined 10% in the weak
Mumbai market.
GMR has intended to spend Rs.1,750 crore in 200 MW solar project over
three to four years.
WTI crude futures for December delivery were hovering around $97.93
per barrel in the comex division of the New York Mercantile Exchange.
For Financial training, log on to www.ifmaonline.com, contact
no:044-32973431