Daily Market Review With Market Recommendation

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The Sensex gained 72 points to close at 20,117. The index hit an intra-day high of 20,268 and an intra-day low of 20,082.
 
The NSE Nifty added 17 points to close at 6,035 after touching a high of 6,074 and a low of 6,018.
Nifty September 2010 futures were at 6,047.95, at a premium of 12.30 points over spot closing of 6,035.65. Nifty October 2010 futures were at 6,064.90, at a premium of 29.25 points over spot closing of 6,035.65.
Nifty September 2010 futures were near spot price at 5,861.50, compared to spot closing of 5,860.95. Turnover in NSE's futures & options (F&O) segment declined to Rs 1,36,026.59 crore from Rs 1,56,375.34 crore on Tuesday, 14 September 2010.
Stock Report
Tata Motors September 2010 futures were at premium at 1,083.50 compared to the spot closing of 1,082.
Tata Steel September 2010 futures were at a slight premium at 646.95 compared to the spot closing of 646.20.
State Bank of India September 2010 futures were at discount at 3,176.10 compared to the spot closing of 3,179.
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