The Opportunities & Challenges

There are few stocks already out performed the market by many points. The Nifty closed on May 30th at 4850 opening day of the June series and the Aug- series opened with a closing at 4433 with a net loss of 417 points.

The beauty is that many scrips in the F&O segment out performed the Nifty. The BankNifty was lower by 567 points but the notable banks like Bank of Baroda in May closed at 265 and on Friday closed at 276, BHEL was in May at 1663 and on Friday closed at 1770, ONGC in May at 864 and on Friday closed at 1005 out performing by Rs140/-.The State Bank of India in May at 1448 and on Friday closed at 1486.The Renuka sugars was at 113 and at 135. The Union Bank in May at 134 and on Friday closed at 138. One of the under performers is Siemens turned out to be a successful out performer by Rs19/-. In the pharma sector Cipla, Lupin and Sun made their mark. The sole out performer in the auto sector is Hero Honda by Rs 44/-.

The worst performers are Aban lost Rs 1484/- in two months, ABB lost Rs 219/-, Adlabs lost by more than Rs 90/-, Axis bank lost nearly Rs 109/-, Bharti lost Rs 50+/-, Biocon lost by Rs 79/-, Corp Bank lost Rs 71/-, Grasim lost Rs 377/-, HDFC lost Rs 138/- where as HDFC Bank lost by Rs 210/-, ICICI bank lost by Rs 139/-, IDFC by Rs 49/-, MARUTI lost nearly Rs 200/-, RCOM by 137/-, Reliance by nearly Rs 93/-, Rpower by Rs 60/-, Infosys by Rs290/-, Satyam by Rs133/-, TCS lost Rs 171/- Wipro lost Rs 66/- Tata Power lost Rs 244/-, Tata Steel lost Rs 218/- DLF lost Rs 73/-, Unitech lost Rs 63/-HDIL lost Rs 265/, JP Associates lost Rs 43/-, Ster lost Rs 287/- Hindalco lost Rs 51/-and Zee lost more than Rs 25/-.

The whole effort is to highlight the sectors out performing and the possible journey that the front line stocks can make while Nifty heading towards 4800 level.