Name | Company/Group | Rank | |
2010 | 2009 | ||
Ratan Tata | Tata Sons | 1 | 1 |
Mukesh Ambani | Reliance Industries | 2 | 2 |
NR Narayana Murthy | Infosys Technologies | 3 | 3 |
Anil Ambani | Reliance ADAG | 4 | 4 |
Sunil Mittal | Bharti Group | 5 | 9 |
Azim Hasham Premji | Wipro | 6 | 10 |
Kumar Mangalam Birla | AV Birla Group | 7 | 11 |
Rahul Bajaj | Bajaj Auto | 8 | 19 |
Anand G Mahindra | Mahindra & Mahindra | 9 | 13 |
Vijay Mallya | UB Group | 10 | 6 |
S Gopalakrishnan | Infosys Technologies | 11 | 12 |
OP Bhatt | State Bank of India | 12 | 17 |
Chanda Kochhar | ICICI bank | 13 | 14 |
Vinita Bali | Britannia | 14 | NA |
Venu Srinivasan | TVS Motors | 15 | 26 |
Shiv Nadar | HCL Technologies | 16 | 25 |
Uday Kotak | Kotak Mahindra | 17 | 35 |
Harsh Goenka | RPG | 18 | 42 |
A B Godrej | Godrej Group | 19 | 27 |
Shashikant N Ruia | Essar Group | 20 | 38 |
AM Naik | L&T | 21 | 15 |
Ravikant N Ruia | Essar Group | 22 | NA |
T S Vijayan | LIC | 23 | 33 |
Aditya Puri | HDFC Bank | 24 | 22 |
Kishore Biyani | Future Group | 25 | 24 |
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It's advantage bears below 5,130
After a hectic trading week, the markets ended with gains, despite the near 300-point fall in the Sensex on Friday. The BSE benchmark index rallied to a high of 17,389, but closed the week with a gain of 225 points at 16,995.
Among index stocks, Mahindra & Mahindra and Tata Motors rallied 7 per cent each to Rs 523 and Rs 763, respectively. HDFC Bank, DLF, Reliance Infrastructure, Wipro, ICICI Bank and Tata Power were the other major gainers. Cipla and Bharti Airtel tumbled over 8 per cent each to Rs 313 and Rs 264, respectively. Reliance Communications, with a fall of 5.5 per cent, was the other major loser.
The markets' failure to sustain at higher levels is a sign of concern, and with every passing day it seems the bears are tightening their grip. For the moment, it looks like the bears will continue to have the upper hand as long as the Sensex stays below 17,080.
On the downside, the Sensex may revisit its recent low of 16,700, and has an outside chance of dropping all the way to 15,400 in case of extremely negative global factors. Next week, the Sensex is likely to face resistance around 17,220-17,290-17,360 and get support around 16,770-16,700-16,630.
The NSE Nifty moved in a range of 186 points — from a low of 5,027, the index surged to a high of 5,213, but finally settled with a gain of 75 points at 5,094.
The corresponding pivot level for the Nifty is 5,130. It will be advantage bears as long as the index stays below 5,130. Above this, the index may face resistance around 5,185-5,210. On the downside, the index is likely to find support around 5,020-5,000-4,980.
The medium-term (50-days) moving average of the Nifty has now crossed its short-term (20-days) moving average, which suggests bearishness in the short term and a neutral trend in the medium to long term. The medium-term moving average is 5,219 and the short-term moving average is 5,200.
The momentum indicators, MACD, Directional index and Stochastic slow, are in sell mode. However, the strength of the directional index is below 30 per cent, which suggests the trend is rather weak. Hence, there could be whipsawn movements till we get a clear indication.
Global cues to decide Dalal Street's course: Analysts
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TECHNICAL ANALYSIS: Index Snapshot: Sensex rally loses steam
The whopping $1-trillion emergency bailout fund agreed by European leaders in the early hours of Monday had a cascading effect on the global markets from Japan's Nikkei 225 index to Brazil's Bovespa, leading a spectacular rally in ...
STOCKS: Kotak Mahindra Bank: Buy
Fresh investments can be considered in the Kotak Mahindra Bank (KMB) stock. Even as the bank closed 2009-10 with a doubling of its net profits, it is likely to sustain high earnings growth over the medium term due to strong advances growth, ...
STOCKS: Cairn India: Buy
Cairn India (Cairn) is a good prospect for investors with a medium-term perspective and high-risk appetite. The company is a promising play on the hydrocarbon exploration and production sector in India, with reserves higher than ...
Investors with a two-year horizon can consider taking exposure to the stock of Geometric, a software and engineering services provider, considering the improvement in the outsourcing budgets in key client segments such as automotive and ...
STOCKS: Coromandel International: Buy
Despite a more than four-fold gain from its 2009 lows, the stock of Coromandel International (Coromandel) remains a good exposure for investors with a ...
TECHNICAL ANALYSIS: Pivotals: Reliance Industries (Rs 1,043.5)
Following a bright start with a 4.5 per cent gain on Monday, the stock began to waver, encountering resistance at Rs 1,090 mid- week. On Friday, it declined 2.6 per cent, which penetrated its 50-day moving average firmly. However, the stock ...
TECHNICAL ANALYSIS: Query corner: Reliance Capital slipping to support level
I purchased Reliance Capital at Rs 926. It has been falling ever since. Shall I book loss? I can hold the stock longer if there is any hope. ...
TECHNICAL ANALYSIS: Consider shorting Cairn India, Ashok Leyland
Cairn India (Rs 292.45): After touching its 52-week high at Rs 321 in April end, the stock has been on a downtrend since then. The outlook appears negative as long as Cairn India stays below ...
Aban Offshore tumbled 20 per cent intra-day on May 14 following its announcement that Aban Pearl, a semi-submersible ship of its subsidiary reportedly sank. The volume traded was extraordinary on Friday. The stock started the week on a ...
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Weekly Technicals - May 15 2010
Ess Dee Aluminium
Hindalco, Ranbaxy
Jubilant Foodworks
Gas Sector
Educomp Solutions Ltd
Weekly Watch - May 15 2010
Dish TV
Cipla Ltd
Hindustan Unilever
Crompton Greaves
Kewal Kiran Clothing
Graphite India
Aban Offshore
src: Economictimes, Smartinvestor.in, DP blog and etc