Friday, July 12, 2013

MARKET BUZZZ 12TH JULY 2013

SHREE GANESHAY NAMAH !!

Nifty Weekly Range For The Week 01st July To 05th July 5750 -- 5950 ! Either Side Sustaining Will Give 65 Points More Low 5775.55, High 6019, Closed 6009 !
Stock Updates
Volumes jump at JK Cement counter, Cadila Healthcare, Motilal Oswal Financial Services, Infosys and Tech Mahindra are among the other stocks to see a surge in volumes on BSE today, 12 July 2013.
JK Cement clocked volume of 3.26 lakh shares on BSE, a 114.81-times surge over two-week average daily volume of 3,000 shares. The stock lost 0.69% at Rs 224.95
Cadila Healthcare notched up volume of 4.04 lakh shares, a 65.81-fold surge over two-week average daily volume of 6,000 shares. The stock lost 0.65% at Rs 780.70.
Motilal Oswal Financial Services saw volume of 7.26 lakh shares, a 13.38-fold surge over two-week average daily volume of 53,000 shares. The stock rose 0.25% at Rs 81.
Infosys clocked volume of 8.44 lakh shares, a 8.53-fold surge over two-week average daily volume of 73,000 shares. The stock jumped 9.33% to Rs 2,762.50 after the company retained its guidance of 6% to 10% growth in revenue in dollar terms for the year ending 31 March 2014 (FY 2014).
The company's consolidated net profit declined 0.8% to Rs 2374 crore on 7.8% growth in revenue to Rs 11267 crore in Q1 June 2013 over Q4 March 2013. The results are as per International Financial Reporting Standards (IFRS). The company announced Q1 result before market hours today, 12 July 2013.
Tech Mahindra saw volume of 3.59 lakh shares, a 2.29-fold rise over two-week average daily volume of 1.06 lakh shares. The stock rose 5% to Rs 1,122.20
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