Analysis of the Indian Stock Market for 26 June 2008.

 

Values as on 25th June 2008
Index	Open	High	Low	Close	From yesterday
Nifty Spot	4189.60	4264.55	4093.20	4251.50	+90.65(points)
Nifty Future June	4105	4262	4093.65	4244.40	+113.9(points)
Cnx Midcap 200	5502.10	5619.55	5443.85	5619.55	+78.9(points)
Cnxit	4079.90	4111.00	4010.30	4104.65	+14.3(points)

 The above values of Index are actual closings at 3:30 pm and not the averages.

This is list of 10 Strong Future Stocks: SRF, Lupin, Ranbaxy, Renuka, Glaxo, Jet Airways, Finan Tech, NDTV, Balrampur C & Tata Tea.

And this is the list of 10 Weak Futures: Ansal Infra, Air Deccan, Sobha, ALBK, National Alum, JP Asso, Wock Pharma, APIL, IFCI & Corp Bank.

Conclusion : Nifty is in Down Trend.

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