Tuesday, August 20, 2013

MARKET BUZZ 20TH AUG 2013

SHREE GANESHAY NAMAH !!

Nifty Weekly Range For The Week 19th Aug To 23rd Aug  5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5499.65, Low 5306.35, Closed 5401.45.
Stock Updates
Volumes jump at Info Edge (India) counter, Binny Mills, Maruti Suzuki India, Hexaware Technologies and Sterlite Industries (India) are among the other stocks to see a surge in volumes on BSE today, 20 August 2013.
Info Edge (India) clocked volume of 4 lakh shares by 12:38 IST on BSE, a 6.47-times surge over two-week average daily volume of 62,000 shares. The stock fell 0.47% to Rs 305.
Binny Mills notched up volume of 70,000 shares, a 5.60-fold surge over two-week average daily volume of 13,000 shares. The stock fell 2% to Rs 834.90.
Maruti Suzuki India saw volume of 1.20 lakh shares, a 2.52-fold surge over two-week average daily volume of 47,000 shares. The stock fell 1.73% to Rs 1,286.45.
Hexaware Technologies clocked volume of 4.89 lakh shares, a 1.97-fold surge over two-week average daily volume of 2.48 lakh shares. The stock tumbled 6.81% to Rs 115.60. According to media reports, Baring Private Equity Partners Asia is set to buy Hexaware in a deal estimated at about $400 million. Baring Asia is in advanced talks to acquire 42% stake held by promoter Atul Nishar family and private equity investor General Atlantic Partners. The acquirer would follow it up with the mandatory open offer for an additional 26% shares, pegging the size of the final deal between $350 and $400 million, the media report added.
Sterlite Industries (India) saw volume of 8.09 lakh shares, a 1.49-fold rise over two-week average daily volume of 5.44 lakh shares. The stock rose 0.92% to Rs 76.40.
courtesy : capital market