Indian Stock Market finished with little changed on Thursday as mixed set of economic data on Jobless claims & Retail sales. However, Traders and Investors remained timid ahead o Friday'smonthly Jobs report. Most Asian averages are trading with a negative bias on Friday morning. Stock markets in India are expected to open in a constricted range in the morning. For The NSENifty, Stock Futures, the Critical level is seen at 5088 above which overall sentiment will remain bullish. The first Nifty Resistance for the day comes at 5124 wherein if market stabilizes above this, we can expect further upside towards the Major Resistance at 5148.
Market News
Reliance revives plan to build chemical plant: Reliance Industries may start work on a multibillion-dollar chemical plant this year, reviving a project to meet India’s surging demand for the raw materials for plastics, drugs and textiles. RIL is close to deciding the final configuration of the plant, which will be capable of producing 1.6 million metric tonne a year of chemicals such as ethylene and propylene.
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Symbol
Expiry Date
Prev Close
High Price
Low Price
Last Price
TATASTEEL
24-Jun-10
485.30
495.90
483.10
485.50
TATAMOTORS
24-Jun-10
746.75
771.70
757.70
764.05
JSWSTEEL
24-Jun-10
1049.00
1084.85
1055.25
1034.00
RELIANCE
24-Jun-10
1014.75
1039.00
1021.20
1034.00
SBIN
24-Jun-10
2238.55
2284.05
2254.55
2269.00
HINDALCO
24-Jun-10
143.55
147.90
145.05
146.35
RCOM
24-Jun-10
155.10
166.25
155.90
164.95
SESAGOA
24-Jun-10
361.60
379.40
365.00
371.40
ICICIBANK
24-Jun-10
829.40
844.80
836.00
840.20
AXISBANK
24-Jun-10
1200.15
1246.00
1210.90
1244.70
