A good for the market holding 150 points up, no run away rally but its ambled along with a positive range for most of the day. The Nifty is trading at 4,450 of course of the morning’s highs both the Sensex and Nifty but no great damage has happened to prices.
Big stocks like Reliance and Tata Steel have done well and the midcaps have done particularly well; the midcap index is down 1.6% as we speak and lots of very liquid stocks including some of the one’s which have just got into F&O have letup the screen. So all and all a steady day for the market if not quite run away.
Market is at this level seems attractive to buy.It has been a roller coaster ride for most of the global markets on the back of factors like the sub prime mortgage crisis, credit crunch in the US, Yen carry trade.
Back home, Sensex has been closing in the green since the past three days(Aug 28-30) and has gained by 1.35%. BSE Sensex had been falling since July 27 when it was trading at 15,234 levels. It fell the maximum on Aug 21 when it traded at 13989 levels.
Today, Sensex is up by 207 points and we check out the list of stocks that are trading above their average traded price, ATP. Stocks trading above their average traded price is a positive indicator and shows the bullish sentiment of investors in the stock. This list comprises of stocks that have moved up on buying interest.
See our Predictions for Monday ( 03-09-2007 ) soon..............................
Big stocks like Reliance and Tata Steel have done well and the midcaps have done particularly well; the midcap index is down 1.6% as we speak and lots of very liquid stocks including some of the one’s which have just got into F&O have letup the screen. So all and all a steady day for the market if not quite run away.
Market is at this level seems attractive to buy.It has been a roller coaster ride for most of the global markets on the back of factors like the sub prime mortgage crisis, credit crunch in the US, Yen carry trade.
Back home, Sensex has been closing in the green since the past three days(Aug 28-30) and has gained by 1.35%. BSE Sensex had been falling since July 27 when it was trading at 15,234 levels. It fell the maximum on Aug 21 when it traded at 13989 levels.
Today, Sensex is up by 207 points and we check out the list of stocks that are trading above their average traded price, ATP. Stocks trading above their average traded price is a positive indicator and shows the bullish sentiment of investors in the stock. This list comprises of stocks that have moved up on buying interest.
See our Predictions for Monday ( 03-09-2007 ) soon..............................
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