Wednesday, August 7, 2013

MARKET BUZZZ 07TH AUG 2013

SHREE GANESHAY NAMAH !!

Nifty Weekly Range For The Week 05th Aug To 09th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5486.85, Closed 5519.10.
Stock Updates
Volumes jump at Marico counter, Strides Arcolab, Opto Circuits (India), Tata Power Company, and Asian Paints are among the other stocks to see a surge in volumes on BSE today, 7 August 2013.
Marico clocked volume of 24.26 lakh shares on BSE, a 116.98-times surge over two-week average daily volume of 21,000 shares. The stock lost 3.% to Rs 201.60 after three bulk deals aggregating 3.60 lakh shares were executed on BSE at Rs 200 per share.
Strides Arcolab notched up volume of 7.33 lakh shares, a 6.47-fold surge over two-week average daily volume of 1 lakh shares. The stock jumped to Rs 811.30 after the finance ministry on Tuesday, 6 August 2013, said that the government has kept in abeyance decision on Strides Arcolab's proposal to sell its specialties subsidiary, Agila Specialties to US based Mylan Inc. till DIPP finalizes policy on FDI in brown field pharma projects involving transfer of control. Strides Arcolab had in February 2013 announced the sell of Agila Specialties to Mylan Inc. for a net consideration of about $1.725 billion.
Opto Circuits (India) clocked volume of 37.01 lakh shares, a 2.48-fold surge over two-week average daily volume of 12 lakh shares. The stock galloped 20.52% to Rs 22.90.
Tata Power Company saw volume of 16.25 lakh shares, a 2.48-fold surge over two-week average daily volume of 4.46 lakh shares. The stock rose 6.08% to Rs 76.95
Asian Paints saw volume of 2.76 lakh shares, a 2.16-fold rise over two-week average daily volume of 90,000 shares. The stock lost 2.95% to Rs 423.65
courtesy : capital market