INDIAN SHARE MARKET TODAY

Indian share market today opened on a quite note.If we talk about the world market then Asian markets were mixed on Monday morning. China's Shanghai Composite fell 13.54 points or 0.58% to 2,330.98 and Hong Kong's Hang Seng declined 80.69 points or 0.43% to 18,871.16. Singapore's Straits Times Index went down 7.20 points or 0.26% to 2,771.90. 

NIFTY RANGE FOR TODAY 

We expect Nifty to bottom out and if it does, one can make money on the long side. The new lows were made in 4,700-4,800 support range, which we think is likely to hold. 

FREE STOCK MARKET ALERTS

1. Finance Ministry sanctions Rs 38,500 crore additional compensation for oil marketing companies.

2. SGX Hits 52 week low @ 4504... But only 8 contracts traded

3. Reliance Industries, HFCL tie up for 4G launch

4. Reliance Capital declared their Q4 numbers on Saturday. Their consolidated profits came in at Rs 329 crores versus a loss of Rs 6.5 crores year on year. The company will pay a dividend of Rs 7.50 per share. 

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MAJOR RESULTS TODAY 

Results Today : Adani Enterprises, NALCO, Zee Entertainment, Tata Communications, Pfizer, Gitanjali Gems, Kalpataru Power, Gokaldas Argentina Exportas, Akzo Nobel (Results & Buyback), Rane Engine, Vascon Engineers, Voltamp Transformers, Wyeth

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