Thursday, July 26, 2007

Highest ever turnover -1.01lakh crores!

The turnover is increasing day by day and the figures become milestones as they are superseded in the days to come. The Wipro made its move in the series of rotation as usual and the whole market recovered in the last few minutes as the short covering happened in July but more shorts were built up in August.
The banks became weak, RIL strong above 1915 rose to 1945+, ONGC to 959 as they traded above their support levels. The Tata Steel could not trade above 719 became weak to touch 697 level. The Infy traded in the positive zone above 2020 touched 2045+, TCS rallied from the 1166 to 1200 level and Wipro bounced to 525 level after it crossed 510.
Bombey dyeing up by 5%, HDFC crossed 2000+ after good results. The pharma major Ranbaxy made this day as its day to settle at 375+level, as it got good support now at 355-352.

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