Immense volatility was witnessed in late trade!

Immense volatility was witnessed in late trade as key benchmark indices trimmed losses after hitting fresh intraday low in late trade. The market breadth, indicating the overall health of the market, was negative. Except BSE FMCG index, all the other sectoral indices on BSE were in the red. The market sentiment hit adversely due to hawkish comments on inflation from Reserve Bank of India (RBI) Governor Dr. Raghuram Rajan. In the foreign exchange market, the rupee edged lower against the dollar. The BSE Sensex closed at 21171.41 and 83.85 point down.

Who Moved and Why

1) OBC tumbles onprofit booking.
2) GVK Power & Infra drops on profit booking.
3) NTPC gains on bargain.
4) Bharti Infratel jumps as Bharti, Reliance Jio to share telecom infra.
5) SBI falls 4.22% in two days on equity dilution worries.
6) Strides Arcolab gains almost 4% in two sessions.
7) SKF India hits 52-week high on fund buying.
8) Suzlon Energy gains after winning order.

Read detail analysis report here:-http://www.quora.com/Rahul-Prasad-12/Posts/Immense-volatility-was-witnessed-in-late-trade-1

Market Wrap-Up: Asian and European stocks rose after US employment!

High volatility was witnessed as key benchmark indices regained strength soon after trimming intraday gains in mid-afternoon trade. The market was volatile as traders rolled over positions in the futures & options (F&O) segment from the near month November 2013 series to December 2013 series. The market breadth, indicating the overall health of the market, was positive. Gains in Asian and European stocks underpinned sentiment on the domestic bourses. Asian and European stocks rose after US employment and consumer confidence reports boosted optimism in the world's largest economy. The BSE Sensex closed at 6091.85 and 34.75 point up.

Who Moved and Why

1) Gujarat NRE Coke spurts after multiple block deals.
2) Bank of Baroda turns volatile as board to consider preferential share allotment.
3) Dr Reddy's Labs gains on likely boost in Toprol sales.
4) Nestle India drops as overseas parent says no plan to hike stake.
5) Godrej Consumer Products surges after block deals.
6) M&M gains ahead of press conference.
7) Edelweiss Financial gains over 4% in two sessions.
8) Eicher Motors spurts nearly 11% in three sessions.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Asian-and-European-stocks-rose-after-US-employment