Thursday, September 13, 2012

Stock News and Updates - Day Trading Tips 13 Sept

The 30-share BSE Sensex was trying to hold the 18,000 level amid choppy trade. The upmove in Reliance Industries, ICICI Bank, L&T and SBI counterbalanced the weakness in HDFC pack, metals stocks, HDFC, Tata Motors and ITC. 

Software services exporters TCS and Wipro were up 0.6-1% while their rival Infosys was flat.

Two-wheeler major Hero Motocorp rallied 2% and its rival Bajaj Auto was up 1.4%. Commercial vehicle maker Tata Motors and utility vehicle major M&M fell 0.4% each.

Telecom operator Bharti Airtel topped the selling list with 1.8% losses. Housing finance company HDFC was down over 1%.

Cigarette major ITC and private sector lender HDFC Bank declined over 0.3%. Drug producer Cipla lost more than 1%.

Asian markets remained mixed ahead of Federal Reserve's policy meeting that will be come out with conclusion at 11:45 hours IST.


1:30pm EUR ECB Monthly Bulletin

6:00pm USD PPI m/m 1.1% 0.3% 

6:00pm USD Unemployment Claims 370K 365K 

6:00pm USD Core PPI m/m 0.2% 0.4% 

8:00pm USD Natural Gas Storage 26B 28B 

10:00pm USD FOMC Statement

10:00pm USD Federal Funds Rate <0.25% <0.25% 

10:30pm USD 30-y Bond Auction 2.83|2.4 

11:30pm USD FOMC Economic Projections

11:30pm USD Federal Budget Balance
-156.1B -69.6B 

11:45pm USD FOMC Press Conference


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