Fri, Dec 14, 2012 at 17:00 PM
Markets closes up, as NOV WPI eases.
Fri, Dec 14, 2012 at 15:30 PM
Markets ending up, aided by easing NOV WPI.
Fri, Dec 14, 2012 at 15:00 PM
Markets continue to applaud slackening WPI rate.
Fri, Dec 14, 2012 at 14:00 PM
Markets volatile in noon trades
Fri, Dec 14, 2012 at 12:00 PM
November WPI inflation at 7.24 percent vs October WPI at 7.45 percent
Fri, Dec 14, 2012 at 12:00 PM
Markets range bound.
Fri, Dec 14, 2012 at 10:00 AM
Markets range bound.
Fri, Dec 14, 2012 at 09:30 AM
Markets opens positive.
Markets closes up, as NOV WPI eases.
Markets gained on the last trading session of the week, led by bank shares after unpredicted November inflation, impelling hopes for a rate cut by RBI. November inflation eased from 7.45% to 7.24%, against estimation evaluated by analysts of 7.6%, supported by easing annual fuel and manufacturing inflation. Sensex ended up by 88 points or 0.5% at 19,317.25, while Nifty ended up by 28 points or 0.5% at 5,879.60.
Sector wise, Bank, Real-Estate, Auto and Metal index gained, while Power, Consumer Durables and Power sector declined.
Stock wise, gainers include Sterlite Industries and Hindalco Industries gained nearly 4%, Wipro rose 1%, TCS gained 1.6%, Tata Motor gained 1%, Mahindra & Mahindra gained 1%, and SBI gained 3% and ICIC Bank Ltd 1% respectively. Decliners were BHEL down by 1.4%, Bharati Airtel down by 1.5%, while Dr. Reddy’s and Cipla both were down by 1% each.
The other notable movers include, fertiliser companies that rallied up to 18% in opening deals after the Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved a urea investment policy, which is likely to incentives fertilizer companies to set up new plants and expand existing capacity. Fertilisers and Chemicals Travancore (FACT) rallied 16% to Rs 31.95 on the BSE. National Fertilisers, RCF, Chambal Fertilisers and GSFC gained nearly 1% each today. ABG Shipyard gained 2% after the company has bagged a repeat order worth Rs 485 crore from the Ministry of Defence for building an additional cadet training vessel for the Indian Navy.
Honeywell Automation India dipped almost 7% iintra-day after its promoter - Honeywell Asia Pacific Inc. - fixed the floor price for the offer-for-sale (OFS) at Rs 2,150, a 10% discount to Thursday’s closing on the BSE. Geodesic fell 5% for eighth day in a row, and was locked in lower circuit at Rs 29.45 with no buyers on the counter after the company said that lenders have invoked large number of pledge shares held by them.
Bharti Airtel, country's biggest mobile-phone operator's arm, Bharti Infratel's initial public offering for up to $830 million was fully covered on Thursday amid lukewarm response from retail and NIIs.
Tata Motors extended Thursday's gains triggered by its British car unit Jaguar Land Rover (JLR) reporting good November sales. The stock ended up 1%.
The BSE mid-cap rose 0.6% while small-cap gained 0.1%. Overall market breadth was negative as 1,470 stocks declined compared to 1,455 stocks advanced on the BSE.
Sector wise, Bank, Real-Estate, Auto and Metal index gained, while Power, Consumer Durables and Power sector declined.
Stock wise, gainers include Sterlite Industries and Hindalco Industries gained nearly 4%, Wipro rose 1%, TCS gained 1.6%, Tata Motor gained 1%, Mahindra & Mahindra gained 1%, and SBI gained 3% and ICIC Bank Ltd 1% respectively. Decliners were BHEL down by 1.4%, Bharati Airtel down by 1.5%, while Dr. Reddy’s and Cipla both were down by 1% each.
The other notable movers include, fertiliser companies that rallied up to 18% in opening deals after the Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved a urea investment policy, which is likely to incentives fertilizer companies to set up new plants and expand existing capacity. Fertilisers and Chemicals Travancore (FACT) rallied 16% to Rs 31.95 on the BSE. National Fertilisers, RCF, Chambal Fertilisers and GSFC gained nearly 1% each today. ABG Shipyard gained 2% after the company has bagged a repeat order worth Rs 485 crore from the Ministry of Defence for building an additional cadet training vessel for the Indian Navy.
Honeywell Automation India dipped almost 7% iintra-day after its promoter - Honeywell Asia Pacific Inc. - fixed the floor price for the offer-for-sale (OFS) at Rs 2,150, a 10% discount to Thursday’s closing on the BSE. Geodesic fell 5% for eighth day in a row, and was locked in lower circuit at Rs 29.45 with no buyers on the counter after the company said that lenders have invoked large number of pledge shares held by them.
Bharti Airtel, country's biggest mobile-phone operator's arm, Bharti Infratel's initial public offering for up to $830 million was fully covered on Thursday amid lukewarm response from retail and NIIs.
Tata Motors extended Thursday's gains triggered by its British car unit Jaguar Land Rover (JLR) reporting good November sales. The stock ended up 1%.
The BSE mid-cap rose 0.6% while small-cap gained 0.1%. Overall market breadth was negative as 1,470 stocks declined compared to 1,455 stocks advanced on the BSE.
Fri, Dec 14, 2012 at 15:30 PM
Markets ending up, aided by easing NOV WPI.
Market ended up aided by unpredictably easing inflation in November, impelling hope of RBI’s easing interest rates early next year. Sensex index gained 93 points or 0.5% to end at 19,322.2 provisionally while Nifty gained 32 points or 0.55% to provisionally end at 5,884.
Fri, Dec 14, 2012 at 15:00 PM
Markets continue to applaud slackening WPI rate.
Markets continued to gain in afternoon session trades on rate cut hope by the RBI by early next year after country’s headline inflation eased unpredictably. Sensex gained by 60 points to 19,289, while Nifty gained by 18 points at 5,869.
Fri, Dec 14, 2012 at 14:00 PM
Markets volatile in noon trades
Markets are trading on a volatile fashion this afternoon with the Sensex gaining 45 points at 19,279. Nifty is down 14 points at 5,865. November inflation fell to 7.24% from 7.45% in October, government data showed on Friday. The street was expecting November WPI to be around 7.6%.
Realty index has added 1%, while Metal, Bankex and IT indiecs are up half a per cent each. Meanwhile, weakness can be seen in Consumer Durables index which is down a per cent at 7784.
SBI is gaining up by 1.7%, TCS is up by 1.5%. Tata Motors has extended Thursday's gains triggered by its British car unit Jaguar Land Rover (JLR) reporting good November sales. The stock is up 1.5% at Rs 292. Metal stocks have moved up as a preliminary version of HSBC's manufacturing Purchasing Managers' Index hit a 14-month high in December 2012. Sterlite, Jindal Steel, Tata Steel and Hindalco are up 0.5-1.5% each.
Bharti Airtel, country's biggest mobile-phone operator's arm, Bharti Infratel's initial public offering for up to $830 million was fully covered on Thursday amid lukewarm response from retail and NIIs. Shares of Bharti AIrtel were trading at Rs 310 - down 2%.
The other notable movers include, Shares of fertiliser companies rallied up to 18% in opening deals after the Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved a urea investment policy, which is likely to incentives fertilizer companies to set up new plants and expand existing capacity.
Overall market breadth is neutral. Out of 2,751 stocks traded, 1308 shares have advanced while 1317 shares delcined.
Realty index has added 1%, while Metal, Bankex and IT indiecs are up half a per cent each. Meanwhile, weakness can be seen in Consumer Durables index which is down a per cent at 7784.
SBI is gaining up by 1.7%, TCS is up by 1.5%. Tata Motors has extended Thursday's gains triggered by its British car unit Jaguar Land Rover (JLR) reporting good November sales. The stock is up 1.5% at Rs 292. Metal stocks have moved up as a preliminary version of HSBC's manufacturing Purchasing Managers' Index hit a 14-month high in December 2012. Sterlite, Jindal Steel, Tata Steel and Hindalco are up 0.5-1.5% each.
Bharti Airtel, country's biggest mobile-phone operator's arm, Bharti Infratel's initial public offering for up to $830 million was fully covered on Thursday amid lukewarm response from retail and NIIs. Shares of Bharti AIrtel were trading at Rs 310 - down 2%.
The other notable movers include, Shares of fertiliser companies rallied up to 18% in opening deals after the Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved a urea investment policy, which is likely to incentives fertilizer companies to set up new plants and expand existing capacity.
Overall market breadth is neutral. Out of 2,751 stocks traded, 1308 shares have advanced while 1317 shares delcined.
Fri, Dec 14, 2012 at 12:00 PM
November WPI inflation at 7.24 percent vs October WPI at 7.45 percent
India's wholesale price index (WPI) rose a slower-than-expected 7.24 percent in November from a year earlier, government data showed on Friday. Analysts had expected WPI to rise 7.6 percent. The reading for September was revised up to 8.07 percent from 7.81 percent earlier.
Fri, Dec 14, 2012 at 12:00 PM
Markets range bound.
Markets range bound after opening flat with Sensex is up 0.01 percent while the Nifty falls 0.02 percent. Traders are cautious and aawaiting outcome of the inflation data due later in the day and for more clarity on the RBI's policy meet next week.
Capital goods maker, Larsen & Toubro gains 1 percent after cabinet approved the creation of a special panel on Thursday to speed up the implementation of big-ticket infrastructure projects.
ITC falls 1.6 percent, down for a second day after FTSE lowered its free float weighting for the cigarette maker in its global equity index series.
Fertiliser shares gain after the government approved a new policy to encourage investment in urea manufacturing, in a move seen expediting $6.5 billion in projects that have been held back.
National Fertilizers is up 3.2 percent, Rashtriya Chemicals and Fertilizers gains 2.8 percent, while Chambal Fertilisers and Chemicals rise 1.7 percent.
Capital goods maker, Larsen & Toubro gains 1 percent after cabinet approved the creation of a special panel on Thursday to speed up the implementation of big-ticket infrastructure projects.
ITC falls 1.6 percent, down for a second day after FTSE lowered its free float weighting for the cigarette maker in its global equity index series.
Fertiliser shares gain after the government approved a new policy to encourage investment in urea manufacturing, in a move seen expediting $6.5 billion in projects that have been held back.
National Fertilizers is up 3.2 percent, Rashtriya Chemicals and Fertilizers gains 2.8 percent, while Chambal Fertilisers and Chemicals rise 1.7 percent.
Fri, Dec 14, 2012 at 10:00 AM
Markets range bound.
Markets opened flat on caution ahead of inflation data scheduled later today that is likely to decide the RBI's monetary policy stance next week. Experts fear inflation may quicken from 7.45% in October as weak currency pushed up the price of imported fuel. Sensex up by 5 points at 19,234, while Nifty down by 2 points at 5849.
Among key stocks, in Information Technology sector, Wipro, Tata Consultancy Services and Infosys gained 0.4-1% while in Automobiles sector, Bajaj Auto, Maruti Suzuki and Mahindra and Mahindra rose nearly 0.5%. The laggards include, ITC which fell 1%, ICICI Bank dropped 0.3% while Bahrti Airtel was down 0.1%.
The other notable movers include, Shares of fertiliser companies rallied up to 18% in opening deals after the Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved a urea investment policy, which is likely to incentives fertilizer companies to set up new plants and expand existing capacity.
Fertilisers and Chemicals Travancore (FACT) has rallied 18% to Rs 32.60 on the BSE. National Fertilisers, RCF, Chambal Fertilisers, GSFC and Deepak Fertiliser are trading higher by 2-5%.
Public sectors banks such as Punjab National Bank, Bank of Baroda and Canara Bank fell 0.5-1.5% after the rating agency Moody's revised the rating outlook to negative from stable due to worsening asset quality.
ABG Shipyard gained 2% after the company has bagged a repeat order worth Rs 485 crore from the Ministry of Defence for building an additional cadet training vessel for the Indian Navy.
Honeywell Automation India has dipped almost 7% in opening deals after its promoter - Honeywell Asia Pacific Inc. - fixed the floor price for the offer-for-sale (OFS) at Rs 2,150, a 10% discount to Thursday’s closing on the BSE.
Bharti Airtel, country's biggest mobile-phone operator's arm, Bharti Infratel's initial public offering for up to $830 million was fully covered on Thursday amid lukewarm response from retail and NIIs.
The BSE mid-cap and small-cap indices rose by nearly 0.3-0.4%. Overall market breadth is positive as 956 stocks have advanced while 731 stocks declined on the BSE.
Among key stocks, in Information Technology sector, Wipro, Tata Consultancy Services and Infosys gained 0.4-1% while in Automobiles sector, Bajaj Auto, Maruti Suzuki and Mahindra and Mahindra rose nearly 0.5%. The laggards include, ITC which fell 1%, ICICI Bank dropped 0.3% while Bahrti Airtel was down 0.1%.
The other notable movers include, Shares of fertiliser companies rallied up to 18% in opening deals after the Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved a urea investment policy, which is likely to incentives fertilizer companies to set up new plants and expand existing capacity.
Fertilisers and Chemicals Travancore (FACT) has rallied 18% to Rs 32.60 on the BSE. National Fertilisers, RCF, Chambal Fertilisers, GSFC and Deepak Fertiliser are trading higher by 2-5%.
Public sectors banks such as Punjab National Bank, Bank of Baroda and Canara Bank fell 0.5-1.5% after the rating agency Moody's revised the rating outlook to negative from stable due to worsening asset quality.
ABG Shipyard gained 2% after the company has bagged a repeat order worth Rs 485 crore from the Ministry of Defence for building an additional cadet training vessel for the Indian Navy.
Honeywell Automation India has dipped almost 7% in opening deals after its promoter - Honeywell Asia Pacific Inc. - fixed the floor price for the offer-for-sale (OFS) at Rs 2,150, a 10% discount to Thursday’s closing on the BSE.
Bharti Airtel, country's biggest mobile-phone operator's arm, Bharti Infratel's initial public offering for up to $830 million was fully covered on Thursday amid lukewarm response from retail and NIIs.
The BSE mid-cap and small-cap indices rose by nearly 0.3-0.4%. Overall market breadth is positive as 956 stocks have advanced while 731 stocks declined on the BSE.
Fri, Dec 14, 2012 at 09:30 AM
Markets opens positive.
Markets edging up a bit in early trades, now eased to lower levels amid cautions move by the investors. Sensex, which advanced to 19,263.63, dropped down to around 19,195 before moving up to 19,250, gaining about 20 points. While Nifty is up 7 points at 5858.50.
Realty, Healthcare, Metal, Power and Bank stocks are finding some support, while FMCG and Consumer Durables have opened on a weak note.
Realty, Healthcare, Metal, Power and Bank stocks are finding some support, while FMCG and Consumer Durables have opened on a weak note.
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