After previous close at Rs 160.60, Stayam Computer Services is currently trading Rs 12 up at Rs 172.60 i.e. 7.47% up at BSE on Dec 31 at 12:01 pm.

The stock closed at Rs 160.70 yesterday (Dec 30), but it is currently trading Rs 12.25 up at 172.95 i.e. 7.62% up at NSE on Dec 31 at 12:11 pm.

The stock still has great potential to go up. It is advised to hold the stock.

Portfolio Manager, PN Vijay said reckons that above Rs 205, Satyam can touch Rs 217.

Indian equities belled the day (Monday, Dec 29) on a weak note because of negative global cues.

Select FMCG, pharma, metal and oil stocks went up, while realty stocks slipped on selling pressure.

There were huge losses for a variety of stocks from auto, capital goods, information technology, power and banking sectors as well.

BSE Midcap and BSE Smallcap stocks remain quite subdued this morning.

At 10:26 a.m., the BSE Sensex, which opened with a small negative gap at 9318.86, stood at 9204.97, down 123.95 points.

Indian stock markets continue to represent a weak outlook ahead of F&O expiry.

Huge selling action was witnessed across all sectors except BSE Bankex and PSU.

The 30-share-index BSE Sensex, today (Dec 24), belled the day negatively at 9,626.07, down 60.68 points, as against a drop of 2.43% on the previous working day.

BSE Midcap and Smallcap were also trading in negative terrain after losing 0.83% and 0.91% respectively.

Indian equities opened weak today, (Dec 23), following disappointing worldwide shores prior to December F&O expiry.

Auto, consumer goods and metal stocks traded flat.

BSE Midcap and Smallcap index fell 0.35% and 0.20% respectively.

Asian stocks also dropped down as a smaller-than-forecast interest rate cut in China and an economic growth report in New Zealand fanned worries that a global recession is becoming deeper.

The 30 share index, Sensex gained 409.84 points in the week ended Dec 19, 2008, while the broad based NSE Nifty surged 156.15 points during the same period.

On Monday, the benchmark index Sensex started the week strongly following worldwide signals and saw volatility all through the day. Realty and metal sectors were the major performers.

Indian Markets opened flat on Thursday. NSE Nifty was down by 3 points at 2926. BSE Sensex was marginally up at 10.07 a.m. IST. Volatility may be higher in days to come and markets will depend largely on International cues.

Reliance Communications was trading strong. The stock was up by nearly 8.8%. At NSE Reliance Communications touched an intraday high of Rs 249.55 and a low of Rs 232 during the early trading session.

Among major gainers were ICICI Bank (up by 2.7%), Sterlite (up by 4%), Zee Entertainment (up by 3.5%) and HDFC Bank (up by 2%).

Major losers included Technology stocks, Wipro, TCS, Satyam, Siemens.