Mansukh Securities and Finance Ltd
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002
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Morning Notes 04 AUG,10
On Tuesday Aug 03, 2010,
European shares drifted lower on Tuesday,
Most Asian stocks rose on Tuesday,
On the macro front, India's exports rose for the eighth straight month in June,
The key benchmark indices marginally
ended a tad higher as banking stocks and index heavyweight Reliance Industries (RIL) rose.
Strong sales reported by auto firms for July 2010, data showing sustained buying by foreign
funds over the past two months and revival of monsoon rains in the crucial sowing month of
July, supported the domestic bourses. The BSE 30-share Sensex ended at 18,114.83 up 33.62
points or 0.19% and NSE 50-share Nifty closed at 5439.55 up 7.90 points or 0.15%. Index
heavyweight Larsen & Toubro fell. IT stocks also fell on a firm rupee. FMCG stocks, too,
edged lower. Hindalco Industries rose after posting higher Q1 bottom line.
3 August 2010, as weaker metals prices put
pressure on mining stocks, but losses were limited as more strong company results
boosted optimism for earnings. The key benchmark indices in UK and France were
down by 0.09% to 0.33%. But, Germany's DAX rose 0.15%.
3 August 2010, after Wall Street opened August
with a strong rally on positive indicators from around the globe. The key benchmark
indices in Hong Kong, Japan, Taiwan and South Korea were up by between 0.21% to
1.29%. But, the key benchmark indices in Singapore, China and Indonesia fell by
between 0.34% to 2.79%.
growing an annual 30 percent to $17.75 billion, government data o