30 November, 2012

Market Pulse - Nov 30, 2012


Fri, Nov 30, 2012 at 15:30PM
Markets closes higher.
Markets closed for the day with the Sensex up 146 points at 19,317 and the Nifty added 51 points to close at 5,876. (provisional). Metal, Oil & Gas scrips were major gainers.

Fri, Nov 30, 2012 at 15:00PM
Markets edges higher.
Markets edges higher in afternoon session. Sensex was up 190 points at 19,361. Nifty went up 54 points at 5,879. In the broader markets, the midcap index advanced 1% outperforming the smallcap and Sensex which gained 0.8% each.
India's July-September GDP growth expanded at its three-year low of 5.3% compared to analysts estimate of 5.3-5.4% year-on-year and from 5.5% in the previous quarter.

Fri, Nov 30, 2012 at 13:30PM
Markets volatile in noon.
Markets continued to trade in a volatile at noon session . Sensex was up 147 points at 19,317. Nifty went up 38 points at 5,86.
BSE metal index has surged 2% to 10,345 as LMEX, a gauge of six metals traded on the London Metal Exchange, gained 1.97% on Thursday. Power, PSU and oil & gas have gone up 1.5% each. However, weakness can be seen in the FMCG space. The index is down half a per cent at 6023. BHEL has gained 4% at Rs 231. Metal shares - Sterlite and Jindal Steel have added 3.5% each. ONGC, Hindalco, Tata Steel and SBI are the other key gainers. HDFC and ICICI Bank are the top movers - accounting for a 50 points gain on the Sensex. IT stocks rose after positive economic data in the US, the biggest outsourcing market for the Indian IT firms. Wipro was up 0.7% at Rs 388. On the other hand, Hindustan Unilever is down 1.5% at Rs 539. Bajaj Auto, Coal India and Maruti are down 0.5-1% each. Bharti Airtel traded flat at Rs 333 after the company announced the time schedule and price band for the initial public offer (IPO) of its subsidiary Bharti Infratel.
BSE market breadth was positive. Out of 2870 stocks traded, 1585 shares advanced while 1143 shares declined.

Fri, Nov 30, 2012 at 13:00PM
Markets trading higher.
Markets is trading at day's high with Sensex up by 161 points at  19332 and Nifty up by 43 points at 5868.

Fri, Nov 30, 2012 at 11:30AM
Markets firm.
Markets firm after in line Q2 GDP figures.
At 11:30am, the Sensex was up 105 points at 19276 and the Nifty was up 28 points at 5853.

Fri, Nov 30, 2012 at 11:00AM
GDP Data update
GDP grew at a lower than expected rate in the second quarter of this fiscal, triggering worries about the near term outlook. The weak data could prompt the central bank to come out with some monetary easing steps next time around. One looking at medium to long term can stay invested in fundamentally strong stocks and use declines to increase exposure.

Fri, Nov 30, 2012 at 10:00AM
Markets open firm led by banks
Markets opened in the green with the Sensex up 55 points at 19,226 and Nifty up 14 points to open at 5,839 extending yesterday's rally, buoyed by a firm trend in global market and on hopes that government will speed up economic reforms.
Realty, metal, capital goods, bank and healthcare stocks have moved up smartly. Select power, IT and PSU stocks are also trading higher.

No comments:

Post a Comment

Share This

Popular Posts

Featured Post

Sukanya Samriddhi Scheme

Sukanya Samriddhi Scheme launched by Prime Minister Narendra Modi on 22nd Januray 2015 for girl child. Under the Sukanya Samridhi Sch...

news