January 31, 2013

Market Pulse - 31 Jan 2013


Thu, Jan 31, 2013 at 18:00 PM
Markets closed lower.
Markets closed lower, amid profit booking by investors coupled with looming concerns over global growth slowdown after weak economic data from US and Germany. Sensex closed down by 110.02 points or 0.55% at 19,894.98, while Nifty closed down by 21.25 points or 0.35% at 6,034.75

Sectoral wise, Real-Estate index was top gainer up by 1.38% followed by PSU up by 1.02%, FMCG, Healthcare, Power gaining between 0.61-0.36%, while IT, Bank, Auto and Metal sliding between 0.01-0.42% respectively. Mid-cap index gaining by 0.54%, whereas Small-cap slipped down by 0.11%.

Major gainer stocks for the day were, BHEL gained up by 2.5%, DFL Limited up by 1.87%, Hero Motocorp up by 1.31%, ITC gaining by 1.25 followed by GAIL (India) and Sun Pharmaceutical Industries up by 1.03% and 1.02% each, Coal India up by 0.80% and ONGC up by 0.44%, while State Bank of India inched up by 0.05%.

Major loser stocks for the day were, Tata Power fell by 2.17%, ICICI Bank and HDFC Bank down by 1.93% and 1.83% each, Bharti Airtel down by 1.52%, Reliance Industries down by 1.39%, HDFC fell by 1.37, L & T down by 1.35%, Maruti Suzuki, Jindal Steel and HUL slipped by 1.21%, 1.16% and 1% each.

The other key notable movers were, Colgate-Palmolive (India) slipped by 3%, after reporting 4% year-on-year (yoy) drop in net profit at Rs 111 crore for the third quarter ended December 31, 2012 (Q3) due to higher advertisement expenses.

ICICI Bank, fell by over 2% as investor's booked profits after upbeat results. ICICI Bank posted a 30% jump in net profit at Rs 2,250 crore for the quarter ended December 2012. It was Rs 1,728 crore in the same period a year ago.

Punjab National Bank has posted a net profit of 13% for the quarter ended December 2012, to Rs 1,306 crore from Rs 1,150 crore in the corresponding year ago quarter, stock spurted up by 10%.

DLF gained up by 2%, after company said it has sold the 150MW wind turbine project in Gujarat to Bharat Light and Power for Rs 282.30 crore as part of its strategy to exit from non-core businesses.

Tata Global Beverages gained up by 4%, after posting a 25% year-on-year (yoy) growth in its consolidated net profit at Rs 80 crore for the third quarter ended December 31, 2012 (Q3) due to improved performance in branded operations.

Thu, Jan 31, 2013 at 15:30 PM
Markets ended low.
Markets ended lower, on back of profit-booking witnessed in banking sector after upbeat third-quarter earnings amid concerns over global growth recovery. Sensex fell by 106 points to end at 19,899 (provisionally), while Nifty fell by 22 points to end at 6,033 (provisionally).

Thu, Jan 31, 2013 at 11:30 AM
Markets trading lack luster.
Markets continues to trade weak, amid weakness in Banking, IT and Metal indices. Sensex is down by 46 points at 19,958, while Nifty is down by 5 points at 6,051.

Sector wise, Real-Estate index up by 0.7%, Consumer Durables and PSU indices are marginally up. Whereas, Metal index has slumped by 0.5%, Bank, IT and Oil & Gas indices also down between 0.1-0.2% respectively. Mid-cap index gaining up by 0.14% and Small-cap index remained unchanged.

Major stock gainers are, BHEL gaining by 2%, Bajaj Auto and ONGC up by 1.5% each, followed by ITC and Maruti Suzuki.

Major stock losers are, Reliance has dropped by 1.3%, Tata Motors is down by 1%, HUL, Tata POwer and Sterlite Industries are down as well.

PSU OMCs extended Wednesday's gain on fresh buying. Oil India reversed fall after the company said that Government of India will sell 6.01 crore shares constituting 10% of the total paid up capital of the company via Offer for Sale through the stock exchanges mechanism.

Thu, Jan 31, 2013 at 09:30 AM
Markets open on a negative note.
Markets opened flat with a negative bias on caution ahead of derivaties cintract expiry. Sensex down by 17.72 points at 19,987.28, while Nifty down by 10 points at 6,045.65.

Sector wise, Healthcare, Consumer Durables, IT indices gaining, while Oil & Gas, Power indices declining. Mid-caps tad down by 0.01%, while Small-caps inched up by 0.1%.

Major stock movers were, Bajaj Auto gaining by 1%, Cipla up by 0.22%, HDFC and HDFC Bank inching uo by 0.3% each, Sterlite Industries up by 0.13%.

Major stock laggards were, Tata Power down by 0.7%, GAIL down by 0.5%, ICICI Bank shed by 0.47%, Larsen & Toubro and BHEL felling 0.5% and 0.4% each.

Overall market breath is positive, with 466 stock advancing compared to 309 stocks declining.

January 30, 2013

Market Pulse - 30 Jan 2013


Wed, Jan 30, 2013 at 16:30 PM
Markets ended flat.
Markets ended flat with a positive bias on hopes of global growth hopes, however, trading was cautious as investors awaited the outcome of US Federal Reserve's monetary policy decision due later in the day. Sensex closed by 14.10 points or 0.07% at 20,005.00, while Nifty closed with gain of 5.75 points or 0.09% at 6,055.75.

Sector wise, Real-Estate index was the top gain closing up by 1.39%, following were FMCG, Healthcare Bank, Metal closing between 0.04-0.36%, IT index closed flat, while PSU, AUTO and Power closing weak down between 0.07-0.68%. Mid-caps and Small-caps indices ending weak down by 0.03-0.25 respectively.

Major gaining stocks were, DLF Limited up by 3.49%, Cipla Limied gaining up by 2.69, HUL, Relaince Industries Limited, Tata Steels Limited, Wipro Limited, ONGC, Sterlite Industries and ICICI Bank up between 2-1%, Coal India, Maruti Suzuki and HDFC Bank raising up by 0.95-041%, whereas TCS inched up by 0.19%.

Major losing stocks were, Gail felling by 3.35%, Tata Power down by 2.73%, L & T, Jindal Steel, Tata Motors, Bharti Airtel, HDFC closing down between 2-1%, while State Bank of India, NTPC and ITC dropped by 0.9-0.655 spectively.

The other notable movers included, National Aluminium Company Limited (Nalco) which surged up by 8%, after company reporting a better-than-expected net profit of Rs 119 crore in the third quarter ended December 2012 (Q3) against Rs 51 crore in a year ago quarter, due to higher other income. KRBL gaining up by 5%, after the company engaged in packaged foods business announced buyback of equity shares.

Ipca Laboratories dropped by 2%, after reporting lower-than-expected 37% year-on-year (yoy) jump in net profit at Rs 88 crore for December 2012 (Q3) quarter, due to higher raw material cost.

Overall market breadth was weak, of 2,829 stocks traded, 1,500 stocks declined compared to 1,190 advanced.

Wed, Jan 30, 2013 at 15:30 PM
Markets ends flat.
Markets closed flat with a positive bias on Wednesday on global growth recovery optimism, however, caution prevailed ahead of the key monetary policy announcement by the US Federal Reserve later in the day. Sensex closed up by 30 points at 20,016.30 (provisionally), while Nifty gained up by 10.10 points end at 6,060.70 (provisionally).

Wed, Jan 30, 2013 at 13:00 PM
Markets trading in a tight range.
Markets after opening positive in the morning is now trading in tight range. Sensex is up by 29.99 points or 0.15% at 20,020.89, while Nifty is up by 4.10 points or 0.07% at 6,054.00.

Sector wise, Consumer Durable index has surged by almost 2%, followed by indices are Real-Estate and Oil & Gas, gaining by 1% each, while Power, Capital Goods and FMCG indices were trading weak down by nearly 1% each.

Major stock gainer for the houtr were, Cipla Limited, HUL, Sterlite Industries, RIL Industires, Tata Steel Limited, Maruti Suzuki, ICICI Bank and ONGC, all gaining between 1-2%.

Major stock losers were, GAIL, Tata Power Limited, ITC, Tata Motors Limited, BHEL, NTPC, State Bank of India, Bharti Airtel and HDFC falling between 1-3%.

Among other shares, Shasun Pharmaceuticals spurted by 10%, extending its previous day’s 11% rally, after the company said that it have a robust sales plan and growth strategy in place for the next three years, based on a wide range of pipeline and marketed products.

Idea Cellular Ltd shares fell by 2.6% after, the mobile phone carrier posted weaker-than-expected October-December net profit.
Pidilite Industries surged almost by 8%, on back of heavy volumes after reporting 51% year-on-year (yoy) jump in its consolidated net profit at Rs 119 crore in December 2012 quarter (Q3), due to higher other income and lower interest cost.

Overall market breadth is negative, of 2,440 shares traded, 1,373 shares declining compared to 1,067 shares advancing.

Wed, Jan 30, 2013 at 11:30 AM
Markets trading sideways.
Markets seen in pressure, trading sideways. Sensex up by 15.55 points or 0.08% at 20,006.45, while Nifty up by 7.55 points or 0.12% at 6,057.45

Sector wise, barring FMCG, Auto and Power index which are down between 0.27-0.63%, Real-Estate index inched a bit up by 0.89%, while IT, Healthcare, PSU, Bank and Metal are trading between 0.07-0.58%. Mid-caps and Small-caps are feeling pressure have tad up by 0.09% and 0.11% respectively.

Reliance and ICICI Bank some of the movers aiding for index gains, while ITC, GAIL, Tata Power and HDFC are the laggards in the index.

Blue Dart Express has surged by 5%, on reporting almost two-fold jump in its standalone net profit at Rs 45.01 crore in the quarter ended December 2012, on back of higher sales. The logistics company had a profit of Rs 22.38 crore in the corresponding quarter a year ago.

Pidilite Industries has spurted almost by 8%, on back of heavy volumes after reporting 51% year-on-year (yoy) jump in its consolidated net profit at Rs 119 crore in December 2012 quarter (Q3), due to higher other income and lower interest cost.

Overall market breadth is neutral, of 2,404 stocks traded, 1,158 shares have advanced compared to 1,115 shares declined.

Wed, Jan 30, 2013 at 10:30 AM
Markets trading firm.
Markets continued to trade on a firm note after opening positive. Sensex up by 38 points at 20,029, while Nifty up by 11 points at 6,061. Mid-cap up by 0.3% and Small-cap up by 0.45%.

Sector wise, Oil & Gas is the leading index up by 0.6%, Real-Estate, Consumer Durables, Metals and PSU indices are other indices trading positive, while Auto and Power trading weak down by 0.2% and 0.3% respectively.

Major stock gainer is HUL spurted up by 2.5%, Reliance up by 2%, ONGC and Cipla Limited up by 1.5% each, while ICICI Bank is one of the key gainers.

Major stock loser are ITC fell by 1.3%, HDFC, Tata Motors, Hero Motocorp and nTPC are some of the other losers.

Wed, Jan 30, 2013 at 09:30 AM
Markets opened positive.
Markets opened higher, amid positive cues from Asian market. Sensex gained by 36 points at 20,027.30, while Nifty gaiing by 12 points at 6,062.70.

Sector wise, except for FMCG and IT indices, all other sectors gained with PSU, Real-Estate, Bank and Oil & Gas leading. Mid-caps and Small-caps are trading almost flat up by 0.01%.

Major stock gainers are, State Bank of India and ICICI Bank gained by 1% and 0.3% respectively, Hindalco Industries up by 0.6% and Tata Steel inched up by 0.5%, Bharti Airtel up by 0.4%.

Major stock loosers are, ITC down by 0.5%, HDFC Bank down by 0.2%, Sterlite Industries down by 0.2%, TCS and Infosys declining by 0.1%.

Over all market breadth was firm, of 707 stocks traded, 538 stocks advanced compared to 152 declined.

Wed, Jan 30, 2013 at 09:15 AM
Markets opened positive.
Markets have opened positive inthe morning session, amid positive cues from Asian markets. Sensex was up by 76.27 points or 0.38% at 20,067.17, while Nifty was up by 18.3 points 0.3% at 6,068.20.

January 29, 2013

Market Pulse - Jan 29, 2013


Tue, Jan 29, 2013 at 17:30 PM
Markets ended negative, amid profit booking.
Markets closed negative, amid profit booking by investor on higher levels. Markets after opening weak in the morning gained to day's high in early noon session, but later it slipped from day's high to close negative. Sensex closed down by 112.45 points or 0.56% after at 19,990.90, while Nifty closed down by 25.10 or 0.41% at 6,049.90.

Sector wise, barring FMCG index which closed up by 0.70%, all other indices closed in red. Real-Estate and Auto index closed down by 2.07% and 1.12%, IT, Healthcare, PSU, Bank, Metal and Power indices down between 0.33-0.70% respectively. Mid-cap index was down by 0.57%, while Small-cap index declined by 0.91%.

Overall market breadth was negative, of 2,974 stocks traded, 1,686 shares declined compared to 1,163 shares advanced.

Coal India surged 1.7% to Rs 348, bucking the general trend. ITC added 1% at Rs 304, followed by Hero MotoCorp and ICICI Bank, while Hindalco slumped 3% at Rs 115. Bajaj Auto shed 2.6% at Rs 2,031. HDFC Bank, Bharti Airtel, BHEL and GAIL ended down around 2% each.

RBI lowered its growth projection for the Indian economy as new investment demand continues to remain muted. The banking regulator now expects the domestic gross domestic product (GDP) growth at 5.5% in the current financial year. It had earlier projected 6.5% growth in July, 2012. But lowered it to 5.8% three months later as investment demand slowed, consumption spending moderated and export performance eroded.

RBI said that it has reduced the repo rate, the rate at which RBI lends money to scheduled banks, under the liquidity adjustment facility (LAF) by 25 basis points from 8% to 7.75% with immediate effect. RBI has also decided to reduce the CRR of scheduled banks by 25 basis points from 4.25% to 4% of their net demand and time liabilities (NDTL) effective the fortnight beginning February 9, 2013.

Tue, Jan 29, 2013 at 15:30 PM
Markets ends lower.
Markets ended lower, after opening weak in the morning. Sensex has ended (provisional) at 19,989 - down 114 points. Nifty ended down 25 points at 6,050.

Tue, Jan 29, 2013 at 13:00 PM
Markets continue to trade firm.
Markets continued to trade positive, amid buying in rate sensitive shares after RBI announced a rate cut in repo rate and cash reserve ratio by 25 basis points. Sensex was up 25 points at 20,128, while Nifty was up 18 points at 6,093.

The central bank said that it has reduce the policy repo rate, the rate at which RBI lends money to scheduled banks, under the liquidity adjustment facility (LAF) by 25 basis points from 8% to 7.75% with immediate effect. RBI has also decided to reduce the CRR of scheduled banks by 25 basis points from 4.25% to 4% of their net demand and time liabilities (NDTL) effective the fortnight beginning February 9, 2013.

Sector wise, Real-Estate indice was up by 1.2%, Bank, Metal and Auto indices were also trading up, while Oil & Gas and Consumer Durables were trading negative. Mid-cap index was up by 0.3% and the Small-cap index was up by 0.1%.

Real-Estate shares gained on hopes of revival of home sales on the back of lower interest rates on home loans. DLF gaining up by 1.3%, Sobha Developers up by 4.3%, Dewan Housing gained by 3.1%, while Parsvnath Developers up by 2.1%.

Bank shares were trading firm on hopes of loan growth going forward as when they lower lending rates post the central banks decision to ease key policy rate. ICICI Bank gained up by 2.6%, State Bank of India up by 0.8% and HDFC up by 0.3%.

Tata Motors was up by 1.6%, Hero MotoCorp was up by 0.7%, Maruti Suzuki was up by 0.5%, on hopes that vehicle sales growth would improve going forward on the back of lower interest rates on auto loans. Jindal Steel gained up by 1.4%, Sterlite Industries up by 1.2% and Hindalco Industries up by 0.2%, other gainers include, ITC, Bharti Airtel, Cipla and Coal India.

Overall market breadth is weak, of 2,567 stock traded, 1,303 stocks declined compared to 1,264 stocks gaining.

Tue, Jan 29, 2013 at 11:30 AM
Markets surged up.
Markets spurted up after RBI at its policy meet today announced a cut in repo rate and cash reserve ratio by 25 basis points. However, selling pressure at higher levels wiped off most of the gains only to rebound later led by rate sensitive shares. Sensex is up by 90.27 points or 0.45% at 20,0080.31, while Nifty is up by 35.95 or 0.59% at 6,110.75.

Sector wise, barring Consumer Durables which is down by 0.48%, all other indices turned positive. Real-Estate and Bank indices up by 1.55% and 1.22% each, while Metal, Auto, Healthcare, Capital Goods, PSU, Power, Oil & Gas, FMCG and IT indices were between 0.67-0.05% respectively.

RBI said that it has reduce the policy repo rate, the rate at which RBI lends money to scheduled banks, under the liquidity adjustment facility (LAF) by 25 basis points from 8% to 7.75% with immediate effect. RBI has also decided to reduce the CRR of scheduled banks by 25 basis points from 4.25% to 4% of their net demand and time liabilities (NDTL) effective the fortnight beginning February 9, 2013.

State Bank of India, ICICI Bank and Kotak Mahindra Bank from banking, Sobha Developers, Oberoi Realty and HDIL from realty and Ashok Leyland, Maruti Suzuki India and Hero MotoCorp are trading higher by 1-3%.

Tue, Jan 29, 2013 at 10:45 AM
Markets trading weak.
Markets after opening a bit weak is trading subdued. Sensex is down by 46.98 points or 0.23% at 20,080.31, while Nifty is down by 9 points or 0.15% at 6,065.80.

Sector wise, barring Healthcare which is up by 0.35%, all other sectors are trading negative. Capital Goods, Metal, IT, PSU, Power, FMCG, Oil & Gas, Bank, Auto, Consumer Durables and Real-Estate indices down between 0.03-1.09% respectively.

Tue, Jan 29, 2013 at 09:30 AM
Markets opened weak.
Markets opened weak with investors keenly looking forward to the Reserve Bank of India's review of monetary policy. Sensex is down by 14.80 points or 0.08% at 20,088.55, while Nifty is down by with a loss of 1.10 points or 0.02% at 6073.70.

Sector wise, Real-Estate, Consumer Durables and Oil & Gas sectors have opened negative, while Metal, Healthcare and Auto sectors are up with modest gains. Where as Bank, FMCG and IT stocks are mostly trading flat.

January 28, 2013

Market Pulse - Jan 28, 2013


Mon, Jan 28, 2013 at 17:00 PM
Markets ended flat
Markets closed flat after opening positive in the morning, amid buying in rate sensitive stocks. Sensex closed down by 0.18 point at 20,103.35, while Nifty closed down by 0.2 point at 6,074.80.

Sector wise, Auto, Bank and Metal indices traded positively up between 0.5-1% respectively, IT stocks edged higher on renewed buying, while Real-Estate was up by 1.84%. Whereas Healthcare, PSU and Power closed down between 0.07-0.52% respectively.

Major stock gainers for the day were, Tata Motors gaining by 2.5%, Hero MotoCorp, Mahindra & Mahindra and Maruti Suzuki up between 0.5-2% each, Sterlite Industries and Hindalco Industries jumped up by 1.7% each, ICICI Bank and HDFC Bank up by 1.52% and 0.83%, Wipro and TCS gained by 1.82% and 0.44%, while DLF spurted by 2.75%.

Major stock losers for the day were, ONGC, Reliance Industries, drowned by 1.75% and 1.56% respectively, HUL, NTPC, State Bank of India, Larsen & Toubro, Sun Pharmaceutical Industries, Bharti Airtel, Jindal Steel and BHEL ended down between 1-.40% respectively.

Reliance Industries, which is sitting on over Rs 75,000 crore in surplus cash, today launched an issue of bonds in Hong Kong and Singapore markets to raise a minimum $500 million (around Rs 2,700 crore), company sources said.

Among other stocks, Cairn India gained by 1.5%, as US crude oil futures traded near the highest level in four months on speculation that a global economic recovery will boost fuel demand. Kernex Microsystems (India) up by 6.5%, Titagarh Wagons up by 2%, Kalindee Rail Nirman (Engineers) up by 6.2%, Stone India up by 6.2%. Bharti Airtel has moved Bombay to High Court against one-time spectrum fee. Everonn Education, Educomp Solutions, MT Educare, NIIT and Aptech have rallied up to 18% on the back of huge volumes.

Overall market breadth was positive, of 2,972 stocks traded, 1,203 shares advanced compared to 986 shared declined.

Mon, Jan 28, 2013 at 10:00 AM
Markets extend gains.
Markets edged higher after opening positive, ahead of RBI's policy review amid rate cut expectations. Sensex gained by 28 points at 20,131, while Nifty gaining 7 points at 6,081.10.

Sector wise, Real-Estate, Auto, IT, Consumer Durables, Banks indexes were positive, while Oil & Gas, Capital Goods, PSUs, Metals were trading negative. Mid-cap and Small-caps were also up by 0.4-0.7%.
< br/> Major stock gainers at this hour are, Maruti Suzuki and Hero MotoCorp gaining by 1.4%, Cipla rising by 1%, Wipro and TCS up by 1% and 0.5% respectively, Tata Motors was up by 0.6%, SBI, HDFC and ICICI Bank was up between 0.4-0.8% respectively. Major stock losers at this hour are, ONGC and Reliance Industries dropping by 1% each, NTPC down by 0.7%, Sun Pharma down by 0.75%, HUL shedding over by 0.5% respectively.

Other notable movers include, Jet Airways (India) which is trading higher by 3.3%, extending its Friday’s 4% gain, on reports that the country’s second-largest airline by passengers carried, will sell a 24% stake to Etihad Airways.

Mon, Jan 28, 2013 at 09:30 AM
Markets opened positive.
Markets have opened positive and edged higher amid cautious trades this morning. Sensex, which rose to 20,172.45, is now up by 17.05 points or 0.08% at 20,120.58, while Nifty is up by 3.60 points at 6078.25.

Sector wise, Real-Estate, Consumer Durables, Bank, Metal and Pharma stocks have moved up a bit, while Oil & Gas, IT and Capital Goods stocks are trading mixed.

January 25, 2013

Market Pulse - Jan 25, 2013


Fri, Jan 25, 2013 at 16:30 PM
Markets closed firm.
Markets closed firm on a positive note, after opening flat, amid buying in Banks, Real-Estate, Auto ahead of RBI's policy review which is next week. Sensex gained by 179.75 points or 0.9% to close at 20,103.53, while Nifty up by 55.30 points or 0.92% to close at 6,074.65.

Sector wise, all sectoral indices were positive with Metals, Capital Goods, Bank, Healthcare, Consumer Durable and PSU indexes up between 1-2%, FMCG, IT, Power and Oil & Gas were up between 0.40-1%, while Real-Estate and Auto were top gainers in the index up by 4.42% and 2.19% respectively. In broader market, Mid-caps and Small-caps were up by 1-2%.

Major stock gainers for the day were, Maruti Suzuki spurted up by 4.15%, Bajaj Auto, Tata Motors, M & M up by 3.36%, 2.55% and 2.58% , DLF up by 3.42%, Jindal Steel, Hindalco Industries, Tata Steel up by 3.27%, 2.23% and 2.19% respectively. State Bank of India, HDFC Bank, ICICI Bank up between 2.23-0.76%, Sun Pharmaceuticals Industries, Cipla, ONGC, L&T, HUL, GAIL, TCS, ITC, Infosys, Wipro gaining between 2.09-0.46% respectively.

Major Stock losers for the day were, Tata Power down by 1.03%, Coal India fell by 0.73%, NTPC down by 0.50%, Hero Motocorp down by 0.39%, Bharti Airtel down by 0.39%, HDFC down by 0.28% and Reliance Industries down by 0.27%.

Maruti Suzuki, gaining by 4% after the company reported a better-than-expected 144% year-on-year (yoy) growth in net profit of Rs 501 crore for the third quarter ended December 31, 2012 (Q3) due to higher sales.

Housing Development and Infrastructure (HDIL) surged by 11%, bouncing back almost 25% from intra-day low on back of heavy volumes.

Larsen & Toubro rised by 1%, as CLSA has upgraded the stock to "outperform" from "underperform", citing favourable policies from the government and expected interest cuts would be reflected in the company's earnings by the second half of fiscal 2013/14.

Suzlon Energy spurted up by almost 16% after company said that the empowered group of corporate debt restructuring (CDR) cell have approved its proposal for the restructuring of its domestic debt.

Overall market breadth turned positive, of 2,990 stocks traded, 1,656 stocks advanced compared to 1,219 declined

Fri, Jan 25, 2013 at 15:30 PM
Markets closed firm.
Markets have closed on a firm note, amid buying in Banks, Real-Estate and Auto sectors ahead of RBI policy. Sensex up by 196.71 points or 0.99% at 20,120.49 (provisional), while Nifty gaining by 58.45 points or 0.97% at 6,077.80 (provisional).

Fri, Jan 25, 2013 at 14:30 PM
Markets extends gain.
Markets spurted in noon session, amid buying in Banks, Real-Estate and Auto sectors ahead of RBI policy. Sensex up by 176 points at 20,101.04, while Nifty gaining by 52 points at 6,071.85.

Sector wise, all sectors gained in noon session. Consumer Durables, Capital Goods, Auto, Banks, Real-Estate, Healthcare indexes were top gainers. From broader markets Mid-caps and Small-caps gained up by 0.5-0.7%.


Fri, Jan 25, 2013 at 13:30 PM
Markets extends gain.
Markets extended gains, amid buying in Banks, Real-Estate and Auto sectors ahead of RBI policy which is next week. Sensex up by 109 points at 20,033, while Nifty up by 30 points to 6,049.

Sector wise, Real-Estate spurted by 2%, Auto, Consumer Durable, Healthcare, Banks, PSU, Power, Capital Goods, FMCG and IT, all gaining up by nearly 1% respectively. Only Oil & Gas sector was trading negative.

Fri, Jan 25, 2013 at 12:00 PM
Markets continue to trade flat.
Markets gained mildly, amid buying in Banking sectors ahead of RBI policy next week. Sensex up by 49 points at 19,972.04, while Nifty up by 9 points at 6,027.85.

Sector wise, Consumer Durables, Auto, Banks, Real-Estate, Healthcare indexes are trading positive, while metal, Oil & Gas trading negative. From Broader market, Mid-caps and Small-caps up by 0.2-0.4% recpectively.

Major stock gainers are, Maruti Suzuki, Tata Motors and Mahindra & Mahindra gained over by 1%, Dr Reddy's rising by 1.4%, while Cipla, Bharti Airtel and L&T are up by 1%, 1.3% and 0.6% respectively.

Major stock losers are, Tata Power fell over by 1%, HDFC down by 1%, Bajaj Auto down by 0.01%, Reliance Industries is down by 0.5%, while Jindal Steel and Sterlite Industries down by 1% and 0.1% respectively.

Fri, Jan 25, 2013 at 11:00 AM
Markets continue to trade flat.
Sensex, which rose to high 20,003.57, is now up by 41.41 points or 0.21% at 19,923.77, while Nifty, which rose to high 6,036.35, is up by 6 points or 0.1% at 6025.35.

Bank of Baroda is up by over 2.5%, Tata Motors is up by 2.2%, Jaiprakash Associates, BPCL, Bharti Airtel, Cipla, Dr Reddy's Laboratories and Punjab National Bank are up between 1% - 1.6% respectively.

ICICI Bank, Tata Consultancy Services, Kotak Mahindra Bank, Maruti Suzuki, ONGC, HCL Technologies and Larsen & Toubro are some of the other key gainers.

Fri, Jan 25, 2013 at 10:00 AM
Markets trading flat.
Markets continued to trade flat, after almost flat opening in the morning. Sensex is up by 57 points at 19,1976, while Nifty is up by 9 points at 6,028.

Sector wise, Auto index gaining by 0.8%, Consumer Durables, Healthcare and Capital Goods also positive, while Metal index down by 0.25%. Broader markets have reversed and are marginally higher, Mid-cap index is up by 0.3% and Small-caps is almost flat.

Larsen & Toubro is up by 0.5%, Maruti Suzuki up by 2%, Suzlon Energy has surging by almost 5%.

Fri, Jan 25, 2013 at 09:30 AM
Markets open flat.
Markets opened flat taking cues from Global Markets. Sensex opened up by 21.91 points or 0.11% at 19,945.69, while Nifty opened down by 5.15 points or 0.09% at 6,024.50.

Auto, Healthcare, FMCG and Capital Goods sectors finding some support, While Real-Estate, Metal, Power and PSU sectors opened on a weak note. From Broader markets Mid-cap and Small-cap index were down slightly.
Maruti Suzuki and Tata Motors gaining by 1.8% and 1.6%, Bharti Airtel, TCS and Dr Reddys were some of the other key gainers.

Tata Power and Coal India slipped by 1.3% and 1%, Mahindra & Mahindra, ONGC and Hero MotoCorp were also down.

January 24, 2013

Market Pulse - Jan 24, 2013


Thu, Jan 24, 2013 at 17:00 PM
Markets closed negative.
Markets ended the day lower, after opening flat, amid selling pressure in broader indices Mid-cap and Small-cap which slipped down by 2.51% and 2.44% respectively. Sensex closed down by 102.83 points or 0.51% at 19,923.78, while Nifty closed down by 34.65 points or 0.58% at 6,019.35.

Sector wise, barring IT and FMCG sector which was up by 0.37% and 1.03%, all other sectors fell down. Auto and Real-Estate sector dropped by 2.51% and 4.19%, while PSU, Healthcare, Bank, Metal and Power were down between 0.69-1.97% respectively. Broader market was also down, Mid-cap down by 2.51% and Small-cap fell by 2.44%.

Major stock gainers were, HUL and ITC gaining by 1.86% and 1.64%, L&T up by 1.56%, TCS, Wipro and Infosys up between 1.06-0.30%, ONGC inched up by 1.01%, while HDFC Bank and Sun Pharma up by 0.31% and 0.15% respectively.

Major stock losers were, Tata Motors drowned by 5.91%, following was GAIL (India) down by 4.66%, Cipla down by 3.67%, Hindalco Industries, Sterlite Industries and Jindal Steel fell by 3.39%, 2.53% and 1.64% respectively, Maruti Suzuki down by 2.39%, Tata Power down by 2.32%, Coal India and Bharti Airtel fell by 1.84% and 1.70% each.

HDIL's market capital of almost Rs 1,565 crore has been wiped out after promoter Sarang Wadhawan sold 5 million shares or 1% stake, worth Rs 57 crore in secondary markets on Tuesday, thus reducing his stake to 0.99% from 2.19%.

Tata Motors has drowned over 6%, after the company said that EBITDA or operating margin for December quarter (Q3) is likely to be slightly lower than in the previous two quarters.

Oil and Natural Gas Corporation (ONGC) has rallied up to 6% and ended 1% higher on reports that the government may raise the gas prices.

Reliance Communications fell 9%, after reporting a 43% year-on-year (yoy) decline in its consolidated net profit at Rs 105 crore for the third quarter ended December 31, 2012 (Q3), due to higher financial charges.

Overall market breadth was negative, of 2,985 stocks traded, 1,503 stocks declined compared to 482 advanced.

Thu, Jan 24, 2013 at 15:30 PM
Markets ends lower.
Markets ended the day lower, after opening flat, amid selling pressure in broader indices which slipped down by nearly 2%. Sensex closed down by 94.58 points or 0.47% at 19932.03 (provisionally), while Nifty closed down by 34.95 points at 6,019.35 (provisionally).
Thu, Jan 24, 2013 at 11:30 AM
Markets trading subdued.
Markets continued to trade in the negative zone amid selling pressure in Auto and Real-Estate sectors. Sensex slipped down by 109.23 points or 0.55% at 19,917.38, while Nifty down by 36 points or 0.6% at 6,018.

Sector wise, except for IT and FMCG sector up by 0.73% and 0.77%, all other sectors are in negative between 0.29-1.23%. Auto and Real-Estate sector are feeling selling pressure and down by 3.13% and 3.34% each.

Major stock gainers at this hour are, ONGC up by 1.74%, Wipro up by 1.30%, TCS up by 1.23%, HUL up by 1.20%, ITC up by 1.16%, Infosys and HDFC Bank up by 0.48 and 0.47 each.

Major stock losers at this hour are, Tata Motors tanked by 7.42%, Gail down by 3.40%, M & M down by 2.61%, Cipla down by 2.14%, Sterlite Industires and Hindalco Industires fell by 2.13% and 1.61% respectively, L&T down by 2.06%, Tata Power down by 1.68%, Bharti Airtel down by 1.43%, DLF down by 1.17% respectively.

Overall market breadth is negative, of 2,510 stocks traded, 1,821 shares declined compared to 592 shares advanced.

Thu, Jan 24, 2013 at 10:30 AM
Markets turns negative.
Markets turned negative after opening flat, amid selling in index heavyweights. Sensex is down by 130 points at 19,896, while Nifty down by 43 points at 6,011.

Sector wise, baring IT and FMCG sector up by 0.83% and 0.58%, all other sectores are trading in negative zone. Mid-cap and Small-cap too are negative down by 1.70% and 1.50% respectively.

Major stock gainers are, TCS, Wipro and Infosys up between 0.7-1.5%, ITC and HUL gaining by 0.9% and 0.4%, ONGC up by 1.4%, Dr Reddys Lab up by 0.8% and HDFC Bank up by 0.3% respectively.

Major stock losers are, Tata Motors tanking by 7%, Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp and Bajaj Auto down between 0.6-2%, Sterlite Industries, Hindalco Industries, Jindal Steel and Tata Steel down between 1-2.5% respectively. Other notable losers are Gail India, L&T, Cipla, Tata Power, NTPC, Bharti Airtel, BHEL and Reliance Industries down between 1-4%.

Overall market breadth is negative, of 2136 stocks traded, 1631 stocks declined compared to 505 stocks advanced.

Thu, Jan 24, 2013 at 09:30 AM
Markets open higher.
Markets opened marginally higher, Sensex up by 21 points at 20,047, while Nifty up by 4 points at 6,058.

Sector wise, Oil & Gas, PSU, FMCG and IT edged higher, while Auto declining.

January 23, 2013

Market Pulse - Jan 23, 2013


Wed, Jan 23, 2013 at 16:30 PM
Markets closed marginally higher.
Markets closed marginally higher, amid valatile session, after opening flat and edged a bit higher in morning session was trading negative in noon session. Sensex closed up by 45.04 points or 0.23% at 20,026.61 after touching a high of 20,058 and a low of 19,920 in the day, while Nifty closed up by 6.3 points or 0.1% at 6,054.70 after touching a high of 6,070 and a low of 6,021 in the day.

Sector wise, baring Bank and Capital Goods sector which closed up by 0.43% and 0.10% respectively, all other sector closed negative. Real-Estate and PSU index closed down by 2.34% and 1.0% respectively, Consumer Durables, Auto, Metal and Oil & Gas down between 0.20-0.94%. Broader markets closed in the red with both the Mid-cap and the Small-cap indices losing 0.9% each.

Major stock gainers for the day were, Bharti Airtel spurted up by 4.44%, Tata Power Co. up by 2.38%, ITC up by 1.37%, Hero Motocorp up by 1.02%, HDFC, HDFC Bank, ICICI Bank and State Bank of India up between 0.92-0.65%, Wipro and Infosys gained up by 0.64% and 0.19%, while Reliance Industries closed up by 0.31%.

Major stock losers were, HUL crashed down by 4.43%, Tata Motors Bajaj Auto and M & M down by 1.98%, 1.24% and 0.31% respectively. Hindalco Industires and Tata Steel down by 1.54% and 0.34% each, Gail, ONGC and NTPC fell by 1.32%, 1.14% and 1.07%.

Wed, Jan 23, 2013 at 15:30 PM
Markets closed positive.
Markets managed to closed positive. Sensex is up by 66 points at 20,048 (provisional), while Nifty gained by 6 points to close at 6,054(provisional).

Wed, Jan 23, 2013 at 15:00 PM
Markets continued to trade negative.
Markets continued to trade negative. Sensex is down by 20.94 points or 0.10% at 19,960.63, while Nifty is down by 15.50 points or 0.26% at 6,032.50.

Sector wise, all sectors are in nagetive zone, IT, FMCG, Healthcare, Bank are down by 0.13-0.50%, PSU down by 1.15%, Auto down by 1.07%, Metal down by 0.88%, Real-Estate down by 3.23%, Power are down by 0.68%. Mid-Cap is down by 1.23%, while Small-Cap is down by 1.11%.

Wed, Jan 23, 2013 at 14:00 PM
Markets trading negative
Markets pared morning gains, and is trading in negative zone. Sensex is down by 44.47 points or 0.22% at 19,937.10, while Nifty is down by 9.10 points or 0.15% at 6,038.90.

Sector wise, all sectors are in nagetive zone, IT, FMCG, Healthcare, PSU, Bank, Auto, Metal, Real-Estate, Power are down 0.17% to 1.40%. Mid-Cap is down by 1.04%, while Small-Cap is down by 0.71%.

Wed, Jan 23, 2013 at 13:00 PM
Markets trading flat.
Markets are trading flat. Sensex up by 5.35% or 0.03% at 19986.92, while Nifty up by 7.12 or 0.12% at 6055.15.

Sector wise, IT down by 0.25%, FMCG up by 0.04%, Healthcare down by 0.25%, PSU down by 0.70%, Bank up by 0.13%, Auto down by 1.01%, Metal down by 0.56%, Real-Estate down by 0.25% Power down by 0.68%

Major gainer stock were, Bharti Airtel spurted up by 3.63%, ITC up by 1.40%, Cipla up by 0.86%, HDFC Bank up by 0.63%

Major loser stocks were, HUL drowned by 5.10%, Tata Motors down by 2.37%, Hindalco Industries down by 2.30%, Bajaj Auto down by 1.84%

Wed, Jan 23, 2013 at 10:30 AM
Markets open flat.
Markets edged a bit higher amid buying in banking and finance sectors ahead of RBI's monetary policy next week. Sensex gaining by 53.6 points at 20,034.04, while Nifty rising by 15 points at 6,063.85.

Sector wise, Banks, Real-Estate, Metals, Capital Goods, Consumer Durables, Healthcare are trading positive, while FMCG, PSU, Oil & Gas indexes are in negative zone. Mid-caps index up by 0.2%, while Small-caps index up by 0.3%.

Major gainer stocks at this hour are, HDFC and HDFC bank gaining by 1%, SBI rising by 0.2%, Maruti Suzuki and M&M up by 0.8% respectively, ITC up by 0.9%, while Hindalco Industries and Sterlite Industries up by 0.8% each.

Major loser stocks at this hour are, HUL down by 5%, Hero MotoCorp down by 0.2%, Tata Motors fell by 0.8%, while NTPC down by 1%.

Wed, Jan 23, 2013 at 09:30 AM
Markets open flat.
Markets opened flat with positive bias, amid buying in banking and financial sectors ahead of RBI's monetary policy next week. Sensex opened up by 15.47 points at 19,997.04, Nifty opened up by 4.35 points at 6,052.85.

Sector wise, Banks, Real-Estate, Metals, Power, Oil & Gas, Autos, Healthcare indexes were positive, while FMCG was negative. Mid-caps and Small-caps were trading positive up by 0.1% each.

Major gainer stocks were, HDFC and HDFC bank gaining by over 1%, SBI rising by 0.4%, Maruti Suzuki and M&M up by 1% and 0.7%, ITC up by 0.8%, while Hindalco Industries and Sterlite Industries rising by 0.8% each.

Major loser stocks were, HUL drowned by 5.3%, Hero MotoCorp down by 0.2%, Tata Motors down by 0.1%, while BHEL was tad down by 0.02%.

Overall market breadth positive, of 448 stocks traded, 339 stocks advanced compared to 95 declines.

January 22, 2013

Market Pulse - Jan 22, 2013


Tue, Jan 22, 2013 at 16:00 PM
Markets closed negative.
Markets opened flat and gained marginally in the morning session but pared the gains in the noon session and closed negative, as investors resorted to booking profit at higher levels. Sensex closed below the 20,000 at 19,981.57, down by 120.25 points or 0.6%, Nifty closed down by 33.5 points or 0.55% at 6,048.50.

Sector wise, all the sectoral indices were in the negative zone. Real-Estate index drowned by 2%, FMCG down by 1.30%, PSU, IT, Healthcare, Bank, Auto, Metal, Power indices declined around 0.50 to 1% respectively.

Major loser stocks were, Gail India drowned by 4.5%, ITC down by 0.7%, Tata Motor down by 1.5%, Hindustan Unilever down by 2.8%,

Major gainer stocks were, Asian Paints up by 2.92%, ACC and NTPC gaining by 1.75& and 1.70%, Kotak Mahindra Bank and Sun Pharma gained by 1.55% each, while Jindal Steel, Axis Bank, Bajaj Auto, Cipla, Wipro, ONGC, M&M, and HDFC gained between 0.65% to 0.10% respectively.

Hindustan Unilever (HUL) witnessed a knee-jerk reaction as the company's board approved a royalty of 3.15%. Stock ended down by 2.8%. The current royalty stands at 1.4% of the turnover. The company plans to increase the royalty in a phased manner till March, 2018. According to the company officials, in the next financial year 2013-14, the royalty will stand at 1.9%, 50 basis points higher than the current royalty payment.

Overall market breadth turned weak with 1,450 shares declining compared to 827 shares advanced.

Tue, Jan 22, 2013 at 15:30 PM
Markets ended negative.
Markets ended the day with negative. Sensex closed (provisional) at 19,964 - down by 137 points, while Nifty closed down by 38 points at 6,045.

Tue, Jan 22, 2013 at 14:30 PM
Markets turns negative.
Markets have turned negative in afternoon session, as investor continue to book to book profits at higher levels. Sensex down by 131.93 points or 0.66% at 19,969.89, while Nifty down by 19.45 points or 0.32% at 6,062.55.

Sectoral wise, all sectoral indices were trading negative, Consumer Durables down by 1.2%, Real-Estate, Capital Goods, PSU and IT indices declining by 0.50% each.

Stocks of listed retail companies such as Pantaloon, Shopper's Stop and Trent were up in morning trade today on the Bombay Stock Exchange (BSE) following Foreign Investment Promotion Board (FIPB) clearance received by Swedish major IKEA for its Rs 10,500 crore investment in the country. This is the largest investment proposal in the single brand retail category so far.

Pharma major Lupin Ltd has received the final approval from the United States Food and Drugs Administration (USFDA) to market a generic version of an oral conceptive called Lutera Tablets.

Tue, Jan 22, 2013 at 09:30 AM
Markets opened flat.
Markets opened flat tracking mixed Asian markets ahead of Bank of Japan monetary policy later today. Sensex opened flat at 20,102.43, Nifty opened down by 2.15 points at 6,080.15.

Sector wise, Power, Oil & Gas, Capital Goods, Healthcare, Metals indexes were positive, while Consumer Durables, IT indexes were negative. Mid-caps and Small-caps were positive up by 0.1% each.

Major stock gainers were, NTPC up by 1%, ITC up by 0.77%, Tata Power up by 0.5%, Maruti Suzuki up by 0.4%, Wipro up by 0.3%.

Major stock losers were, Hero MotoCorp down by over 1%, Bahrti Airtel down by 0.5%, SBI and HDFC Bank down by 0.4% and 0.2%, TCS and Infosys down by 0.1% and 0.3%, while HUL down by 0.3%.

January 21, 2013

Market Pulse - Jan 21, 2013


Mon, Jan 21, 2013 at 15:30 PM
Markets closed firm.
Markets ended ended with moderate, aided by some good results and a firm trend in European markets. Sensex, which rose to 20,163.38 early, ended at 20,088.62 (provisional) with a gain of 49.58 points or 0.25%, while Nifty closed at 6080.25, up by 15.85 points or 0.26%.

Capital Goods, FMCG and Power stocks were among the other notable gainers. Metal, IT, Automobile and Bank stocks ended on a mixed note, while Healthcare and Real-Estate stocks were weak. Midcap and Small-cap stocks were mostly subdued.

Overall market breadth was slightly weak.

Mon, Jan 21, 2013 at 13:00 PM
Markets trade flat.
Markets are trading flat in noon deals after investors booked profits at higher levels in select sectors. Reliance Industries continues to trade on a strong note on the back of better-than-expected third quarter earnings. Sensex is up by 31 points at 20,069, while Nifty is up by 2 points at 6,066.

Sector wise, Oil & Gas index up by 1.6%, FMCG, Capital Goods and Power indices are also up by 0.3-1% each, while Real-Estate, Auto, Bank, Healthcare, IT and PSU indices are trading negative.

Major stock gainers at this hour are, BHEL, Bharti Airtel, Maruti Suzuki, Jindal Steel, HUL, Dr Reddy's Labs, L&T, ITC and Gail India are trading higher by 1-2% respectively.

Major stock losers at this hour are, Sun Pharma, Cipla, ICICI Bank, Tata Motors, Mahindra & Mahindra, Tata Power, TCS, Infosys, HDFC Bank, HDFC, ONGC and Bajaj Auto.

Finolex Industries has rallied 7%, after it reported a net profit of Rs 30.61 crore for the third quarter ended December 2012 (Q3) against loss of Rs 1.76 crore in year ago quarter, due to higher other income and lower interest cost.

Mon, Jan 21, 2013 at 11:30 AM
Markets continue trade firm.
Markets continued to trade firm, after opening positive, amid gains in index heavyweights like Reliance Industries and L&T. Sensex is up by 74 points at 20,113, while Nifty gaining by 13 points at 6,077.

Sector wise, Oil & Gas, Capital Goods, Power, Metal and FMCG indices are up by 0.3 to 2% respectively, while IT, Auto, Real-Estate and Bank indices were in the negative, down by 0.1 to 0.5% respectively. Small-caps gaining by 0.4% and Mid-cap index up by 0.1%.

Major stock gainers at this hour are, Reliance Industries, BHEL, Jindal Steel and Bharti Airtel up 2% each, Maruti Suzuki, L&T, Dr Reddys Lab Gail India up by 1% each.

Major stock losers at this hour are, Sun Pharma, TCS, Cipla, Mahindra & Mahindra, Tata Motors and ONGC down by 1% each.

Tecpro Systems spurted by 7%, after the company said that it has booked orders worth of Rs 2,300 crore so far in current financial year, compared to Rs 1,638 crore during the same period last year.

TV18 Broadcast up by over 4%, after reporting consolidated net profit at Rs 21.3 crore in the quarter ended December 31, 2012 against a net loss of Rs 53.5 crore in the year ago quarter, due to higher revenues and fall in operating expenditure.

Overall market breadth's positive, of 2339 stocks traded 1268 stocks advanced, while 1071 stocks declined.

Mon, Jan 21, 2013 at 10:30 AM
Markets trading firm.
Markets after opening positive are trading firm, amid hopes of growth recovery after better-than-expected results reported by key index companies. Sensex gained by 76 points and at 20,116.04, while Nifty rising by 15 points at 6,079.40.
,br /> Sector wise, Oil & Gas, Auto, Power, Capital Goods, Metals, PSU indexes are positive, while Consumer Durables, FMCG, Bank indexes are trading negative. Mid-caps and Small-caps indices are up by 0.4% each.

Major stock gainers at this hour are, ONGC, BHEL and GAIL up by 0.6%, 2% and 1% respectively, Reliance Industries gaining by 4%, Wipro rising by 1%, Sterlite Industries and Jindal Steel gained by 0.8% and 0.6% , Maruti Suzuki gaining 1.3%, while Hero MotoCorp rising by 0.6%, L&T was up by 0.5%.

Major stock losers at this hour are, HUL and ITC down by 1.3% and 0.2%, HDFC Bank down by 0.6%, TCS dropped by 0.7%, Bajaj Auto down by 0.5%, while Mahindra & Mahindra was down by 0.2%.

Reliance Industries Ltd, spurted by 4% after reporting its third straight quarterly net profit increase, at Rs 5,502 crore. Its gross refining margin-- at $9.6 per barrel--jumped 41 per cent as compared to the third quarter of financial year 2012.

Kolte-Patil Developers soared by 8%, after reporting almost five-fold jump in consolidated net profit at Rs 38.86 crore for the quarter ended December 31, 2012 (Q3) on back of higher sales income.

UltraTech Cement, down by 1% as its third quarter net profit dipped marginally to Rs 601 crore from Rs 617 crore in the same quarter last year on higher raw material and logistics costs.

Oberoi Realty is up by 2.3%, after reporting a 32% year-on-year growth in consolidated net profit to Rs 134 crore for the quarter ended December 31, 2012 on back of higher sales.

Oil marketing companies extend gains after the government's decision to allow higher diesel prices, Hindustan Petroleum Corp Ltd is up by 2.14%, Indian Oil Corp rising by 2%, while Bharat Petroleum Corp Ltd gaining by 2.8%.

State Bank of India, gaining by 0.7%, after it's board approved a capital infusion of Rs 3,004 crore by the government through preferential allotment of shares.

Overall market breadth is positive, of 1,763 stocks traded, 1,061 stocks advanced compared to 615 declines.

Mon, Jan 21, 2013 at 09:30 AM
Markets open positive.
Markets opened on a positive note, amid fairly strong result from Reliance Industries. Sensex, which rose to 20,163.38, is now up by 45.71 points or 0.23% at 20,084.75, while Nifty is up by 10.20 points or 0.17% at 6074.60, round 20 points off a high of 6094.35 it had touched in early trades.

Sectoral wise, Oil & Gas, FMCG, Auto, Power, Capital Goods, Metals gained, while IT, Banks, Real-Estate indexes are down. Mid-caps and Small-caps are almost flat up by 0.1% each.

Major stock gainers were, ONGC and GAIL up 0.6% and 1.4%, Reliance Industries gained 4.3%, Wipro rose 1.2%, Sterlite Industries and Tata Steel gained by 1% and 0.3% , among autos, Maruti Suzuki gained by 1% , Coal India was up by 0.1%.

Major stock losers were, HDFC Bank down by 1%, TCS and Infosys down by 0.7%, Bajaj Auto down by 0.7%, while Mahindra & Mahindra was down by 0.88%.

Reliance Industries Ltd, reported its third straight quarterly net profit increase, at Rs 5,502 crore. Its gross refining margin-- at $9.6 per barrel--jumped 41 per cent as compared to the third quarter of financial year 2012.

January 19, 2013

Weekly Pulse - Jan 19, 2013


Weekly Update - Jan 19, 2013

Markets ended on positive note.
Markets spurted to two hear high amid government's decision of partially deregulation in disel prices, also defer the implementation of the General Anti Avoidance Rules (GAAR), which seeks to tax foreign investors, by two years until 1 April 2016.

Oil & Gas index surged by 9% following Oil price deregulation news. It index gained by 2.5%, after upbeat results by sector heavy-weights raising hoped of growth recovery. Auto index dropping by 3% on the back of weak sales number by the company. Metal index also dropping by 1.40%. The broader markets underperformed the benchmark index. Mid-cap index ended flat, while Small-cap index slipped over by 1%.

Among major stock gainers were, ONGC up by 15%, NTPC, Bharti Airtel, Reliance Industires up by 7%, ITC rising up by 5%.

Among major stock losers were, Wipro down by 5.3%, Tata Motors down by 0.6%, Bajaj Auto down by 2.8%, HDFC Bak down by 1%, Hero Motocorp down by 3.7%, Hindalco Industries down by 3.3%.

January 18, 2013

Market Pulse - Jan 18, 2013


Fri, Jan 18, 2013 at 16:30 PM
Markets ended positive.
Markets opened firm in the morning session, but pared early gains before closing positive. Markets ended at fresh two-year high with Sensex notching key 20,000 resistance. Sensex gained by 75.01 points to end at 20,039.04, while Nifty rose by 25.20 points to end at 6,064.40.

Sector wise, Oil & Gas, PSU, Real-Estate, Power, Capital Goods, Banks gained, while IT, Auto, Metals and Healthcare indexes were weak. Mid-caps and Small-caps were down by 0.2-0.5% each.

Major gainer stocks were, ONGC and GAIL up by 7.3% and 3%, Reliance Industries gaining by 1%, SBI and ICICI Bank rising by 1%, Maruti Suzuki gaining by 3.2%, Coal India up by 0.7%

Major loser stocks were, Wipro drowned by 8%, while TCS and Infosys down by 1% and 0.3%, Bharti Airtel down by 1.5%, Dr Reddy's and SunPharma down by 2.6% and 0.5% respectively, Jindal Steel & Sterlite Industries down by 2%, HDFC Bank down by nearly 1%, Hero MotoCorp down by 3%, while Mahindra & Mahindra down by 2%.

Wipro down by 8%, fell on concerns the performance of the company's core IT services segment in third quarter was not as strong as expected. Wipro reported a net profit of Rs 1,716 crores for the third quarter of FY13 ended on December 31, 2012, registering a y-o-y growth of 18% when compared to the corresponding period last year.

ITC rose by 0.6% after diversified group reported a 20.62% rise in its standalone net profit at Rs 2,051.85 crore for the third quarter ended December 31, 2012 on the back of strong performance in cigarettes, agriculture and paper businesses.

HDFC Bank down by 1%, fell as lender's bad loans rose in the last quarter. Private-sector bank reported 30% increase in net profit at Rs 1,859 for the December quarter on the back of 24% growth in loan book. The bank's total income rose by 22% Rs 10,506 crore while net interest income (NII) was Rs 3,799 crore rising by 22% over the corresponding quarter last year.

Hero MotoCorp down over by 3%, after it missed estimates for the fourth straight quarter as net profit fell 20.4% on rising costs and falling sales that battered margins.

Oil Marketing Companies (OMCs) rallied after Government partially deregulated diesel price. ONGC spurted by 8%, Bharat Petroleum Corporation, Hindustan Petroleum Corp and Indian Oil Corp surged between 5-10%.

Hindalco Industries gaining by 0.5%, on reports that the company has acquired Alumina Refinery and Bauxite Mines from Novelis Do Brasil Ltd, a wholly subsidiary of Novalis Inc.

Exide Industries was down by over 9%, after reporting more than 100 bps year-on-year (yoy) decline in operating margins for the third quarter ended December 2012 (Q3) due to higher raw material cost.

Overall market breadth was negative, of 3,071 stocks traded, 1,090 stocks declined compared to 852 advanced.

Fri, Jan 18, 2013 at 15:30 PM
Markets ended positive.
Markets ended positive after paring some early gains, amid a batch of mixed results. Sensex, which rose to 20,126.55, ended at 20,015.82 (provisional) with a gain of 51.79 points or 0.26%, while Nifty closed at 6057.95, up 18.75 points or 0.31%.

Sector wise, Oil & Gas sector's stock flared up following the government deregulating diesel prices. Power, PSU sectors ended notably higher, Capital Goods, FMCG and Real-Estate ended modestly upward, Bank sector ended mostly flat, while Metal, Auto, Healthcare, Consumer Durables and IT ended weak. Mid-cap and Small-cap ended on a subdued note.

Fri, Jan 18, 2013 at 11:30 AM
Markets trading firm.
Markets notched up gains in late morning, after opening positive, amid buying support in OMC's, after government partially deregulated diesel prices yesterday. Sensex is up by 111.18 points at 20,069.03, while Nifty gaining by 30.05 points at 6,070.20.

Fri, Jan 18, 2013 at 10:30 AM
Markets opens higher.
Markets continued to trade in the positive trend, but gave off some of it's early gains. Sensex is up by 109 points at 20,086, while Nifty is up 34 points at 6,073.

Sector wise, Oil & Gas index has spurted by 3.2%, PSU, Capital Goods, Metal and Bank also gaining by between 0.3-2% each, while Auto and IT index are weak and trading down by 0.1% and 0.3% respectively.

Hero MotoCorp is down by 4%, Wipro is down by 3.8%, HUL, Bharti Airtel and TCS are among other losers.

ONGC has spurted by 8%, after the government has partially deregulated diesel prices. The price hike decisions have been left to the oil marketing companies. Gail, Hindalco and Maruti Suzuki are up by 1-5% each, Coal India and Bajaj Auto are among other key gainers. HDFC Bank and ITC are trading higher up by 0.6-0.7%.

Fri, Jan 18, 2013 at 10:00 AM
Markets opens higher.
Markets opened positive on the back of strong cues from global peers. Sensex is up by 129.02 points or 0.65% at 20,093.05, while Nifty is up 34.65 points or 0.57% at 6,073.65.

Sector wise, Oil & Gas index surged by 3.6%, PSU, Capital Goods, Metal and Bank also gained by 0.3-2% each, while Auto and IT index are showing weakness and by down 0.1 and 0.3% respectively.

India's third-largest software services provider Wipro has registered a rise of 18% in its consolidated net profit of Rs 1,716 crore for the quarter ended December 31, 2012. The company had posted a net profit of Rs 1,456 crore in the year ago period. Wipro was the biggest dragger among Sensex stocks - down 3.6% at Rs 415.

Hero MotoCorp is down 5.3% at Rs 1,722. India's largest motorcycle maker missed estimates for the fourth straight quarter on Thursday as net profit fell 20.4% on rising costs and falling sales that battered margins. Mahindra & Mahindra, Bharti Airtel and HUL are among the key losers.

ONGC has spurted 10% to Rs 346 after the government has partially deregulated diesel prices. The price hike decisions have been left to the oil marketing companies. Gail, Hindalco Industries and Maruti Suzuki are up between 1-5% each. Among other key gainers are Coal India and Bajaj Auto.

Reliance, ahead of its results, is up 1% at Rs 897. HDFC Bank and ITC are trading higher by 0.6%. Both companies will post their quarterly numbers later today.

Overall market breadth is positive, of 1495 stocks traded, 927 shares have advanced while 503 shares have declined.

Fri, Jan 18, 2013 at 09:30 AM
Markets opens higher.
Markets opened on a bright note. Sensex spurted to 20,087.03 up by 123 points or 0.61%, while Nifty is up by 36 points or 0.6% at 6075.20.

Sector wise, Metal, Capital Goods and Bank are among the other notable gainers, with FMCG and Real-Estate sectors too edging higher. Whereas IT, Auto and Healthcare sectors have opened on a mixed note.

January 17, 2013

Market Pulse - Jan 17, 2013


Thu, Jan 17, 2013 at 16:30 PM
Markets ends higher.
Markets closed higher, after opening flat traded almost flat in morning session, as buying interest was seen in OMC's, amid hopes of growth recovery after government partially deregulated diesel prices today. Sensex spurted by 146.40 points to end at 19,964.03, while Nifty gaining by 37.35 points to end at 6,039.20.

Sector wise, Oil & Gas, Real-Estate, IT, PSUs gained, while Capital Goods, FMCG, Banks, Consumer Durables and Healthcare indexes were down by. Mid-cap ended almost flat gaining by 0.2%, while Small-cap ended down by 0.02%.

HCL Technologies, rallied 5%, after reporting a better-than-expected 9% quarter-on-quarter (qoq) growth in consolidated net profit to Rs 965 crore for the second quarter ended December 31, 2012 (Q2). Revenue rose by 3% sequentially to Rs 6,274 crore during the recently concluded quarter.

Wipro gaining 3% ahead of its earnings for the third quarter ended December 2012 (Q3) which is to be announced tomorrow.

Oil Marketing Companies (OMCs) rallied after Government partially deregulated diesel prices today. Bharat Petroleum Corporation, Hindustan Petroleum Corp and Indian Oil Corp gained between 2-4%. Reliance Industries rose by 3% on hopes of improved refining margins by the world's biggest refiner in the third quarter after surge in GRMs by the Essar Oil.

Overall market breadth turned positive lately, of 3,020 stocks traded, 968 stocks gained compared to 960 declined.

Thu, Jan 17, 2013 at 15:30 PM
Markets ends higher.
Markets ended higher on hopes of growth recovery after government deregulated diesel prices today. Sensex rose by 130.32 points to end at 19,947.95 (provisionally), while Nifty gained by 37.35 points to end at 6,039.20 (provisionally).

Thu, Jan 17, 2013 at 14:00 PM
Markets gains.
Markets extended its gain after opening flat and trading almost flat in morning session has managed to trade higher, amid buying interest in IT, Oil & Gas and Auto sector. Sensex is up by 157 points at 19,976.19, while Nifty is up by 44 points at 6,046.

Sector wise, Oil & Gas, Real-Estate, Technology, IT, Banks gained while Metals, Capital Goods, Consumer Durables and Healthcare indexes dropped. Mid-caps and Small-caps are marginally up by 0.1%

Major gainers stocks at this hour are, ONGC and Bharti Airtel is up by 5% and 3% respectively, TCS, Infosys and Wipro are up by 1-2%, Reliance Industries is up by 2%, ITC is up by 0.8%, Tata Motors and Maruti Suzuki is up by 2% and 1%, and SBI, HDFC Bank is up 1%.

Major loser stocks at this hour are, Cipla and SunPharma down by 2% and 0.4%, Bajaj Auto & Hero MotoCorp down by 1%, ICICI Bank down by 0.17%, Hindalco Industries, Sterlite Industries and Jindal Steel down by 0.4-0.5%.

HCL Technologies, rallied up by 5%, after reporting a better-than-expected 9% quarter-on-quarter (qoq) growth in consolidated net profit to Rs 965 crore for the second quarter ended December 31, 2012 (Q2). Revenue rose by 3% sequentially to Rs 6,274 crore during the recently concluded quarter. Wipro is up by 3%, ahead of its earnings for the third quarter ended December 2012 (Q3) which is to be announced tomorrow.

Oil Marketing Companies (OMCs) rallied after Government partially deregulated diesel prices today. India's three-biggest OMCs namely Bharat Petroleum Corporation, Hindustan Petroleum Corp and Indian Oil Corp gaining between 2-4% respectively. Reliance Industries is up nearly by 2%, on hopes of improved refining margins by the world's biggest refiner in the third quarter after surge in GRMs by the Essar Oil.

Overall market breadth is negative, of 2,847 stocks traded, 1,446 stocks declined compared to 1,252 advanced on BSE.

Thu, Jan 17, 2013 at 13:00 PM
Markets trading firm.
Markets after opening flat and trading almost flat in morning session has managed to trade higher, amid buying interest in IT, Oil & Gas and Auto sector. Sensex is up by 74 points at 19,894, while Nifty up by 19 points at 6,021 levels.

Sector wise, IT index maintained its gain is up by 1.5%, Oil & Gas, Real-Estate, Auto and PSU indices are in positive zone, while Metal and Capital Goods indices are down by 1%.

HCL Technologies is up by 4.2%, Wipro is up by 3%, Tata Motor is up by 2.3%, ONGC, TCS, Maruti and Infosys are some of the other gainers.

Wipro is up by 3% ahead of its earnings for the third quarter ended December 2012 (Q3) which is to be announced tomorrow.

Among others shares, TTK Prestige is trading lower by 4%, after reporting almost 200 bps decline in operating margins for the third quarter ended December 2012 (Q3) due to product mix and seasonal promotions.

The market breadth in BSE remains weak with 1,407 shares declining and 1,187 shares advancing.

Thu, Jan 17, 2013 at 11:30 AM
Markets trading firm.
Markets after opening flat and trading flat for the morning session, has advanced a bit up. Sensex, which advanced to 19,895.94, is now up 64.35 points or 0.32% at 19,881.98, while Nifty is up 18.10 points or 0.3% at 6019.95.

Sector wise, IT index is up by 1.5%, Oil & Gas, Real-Estate, Auto and PSU indices are also positive. On the other hand, Metal slipped down by 0.7%, Capital Goods, Healthcare and Power indices are marginally down.

HCL Technologies is up more than 4% thanks to sustained buying at the counter on the back of buoyant quarterly results.

Wipro is up by 3%, ahead of its earnings for the third quarter ended December 2012 (Q3) which is to be announced tomorrow.

Tata Motors is up by 2.3%, ONGC, TCS, Maruti and Infosys are some of the other gainers.

On the other hand, Hindalco Industries is down by 1.8%, Sterlite, Cipla and Bajaj Auto are down between 1-1.5% respectively.

Overall market breadth is marginally negative, of 2467 stocks traded, 1217 shares have declined while 1106 shares have advanced.

Thu, Jan 17, 2013 at 10:30 AM
Markets trading flat.
MArkets after opened flat, continued to trade flat. Sensex is up by 26 points at 19,844, while Nifty is up by 7 points at 6,009.

Sector wise, IT index retained gains, is up 1%. Real-Estate, Auto, Oil & Gas positive are up between 0.4-0.8% respectively. Metals, Capital Goods, Health Care and Power indices are negative and down between 0.2-0.7% respectively. Mid-cap and Small-cap indices are merely up by 0.1% each.

Major stocks at this hour are, Wipro up by 4%, Suzlon Energy up by 4%.

Wipro up by almost 4% ahead of its earnings for the third quarter ended December 31, 2012 which to be announced tomorrow.

Suzlon Energy surged over 4% on back of heavy volumes on hopes of signing a corporate debt restructuring package with consortium of lenders.

Sandesh Limited tanked almost 15%, after its board fixed a maximum buyback price at Rs 302 per share through tender offer.

Thu, Jan 17, 2013 at 09:30 AM
Markets opened flat.
Markets after opening modestly higher, retreated this morning amid a mild bout of selling in some heavyweight stocks. Sensex, which declined to 19,783.41 after surging to 19,852.61, is now down by 12.60 points or 0.06% at 19,804.97, while Nifty is down 7.95 points or 0.13% at 5993.90.

IT, Auto and Real-Estate stocks are finding some support, while Metal, Bank and Power stocks are a bit weak.

January 16, 2013

Market Pulse - Jan 16, 2013


Wed, Jan 16, 2013 at 16:30 PM
Markets closed down.
Markets after opening flat traded almost weak for whole day before plunging down as investors booked profits in rate sensitive stocks, amid rate cut hopes faded as inflation remained above RBI’s comfort zone. Sensex closed down by 169 points or 0.85% at 19,818, while Nifty down by 55 points or 0.90% at 6,002.

Sector wise, barring Oil & Gas sector, Auto, Metal, Bank, Real-Estate, Capital Goods, PSU and Power indices closed down by 1% each. Small-cap and Mid-cap indices slipped by 1.3% each.

Major stock gainers for the day were, Reliance Industries up by 1.6%, Dr Reddys Lab, TCS up 1% each, NTPC and Gail India up by 0.2% each.

Major stock losers for the day were, Tata Motors down by over 3%, Bajaj Auto down by 2%, Mahindra & Mahindra, Maruti Suzuki and Hero MotoCorp down by 0.5-3%, Jindal Steel, Hindalco Industries and Tata Steel slipped between 2-4%, BHEL, Tata Power, Sun Pharma, ONGC, L&T and Hindustan Unilever down between 1-2%.

Tata Motors slipped over 3% after the company’s announced its global sales in December 2012 which declined by 13.88% to 98,968 units against 114,920 units sold during the corresponding month in 2011. Bajaj Auto slipped by 2% after reporting almost 100 basis point (bps) drop in operating margin for the third quarter ended December 2012 as compared to the previous corresponding period.

Strides Arcolab gained nearly by 2%, extending its gain over 3% gains in past two-days, on reports of Pfizer Inc is among other companies in race to buy the company’s injectable-medicines unit Agila Specialties. Orient Refractories shot up 5.5% at Rs 38.75, after the Dutch firm Dutch US Holding B.V. made an open offer to acquire additional 26% stake in the company.

Overall market breadth was negative, of 2940 stocks traded, 1998 stocks declined while 942 stocks advanced.

Wed, Jan 16, 2013 at 15:30 PM
Markets closed down.
Markets closed negative for the day in the red with both the benchmark indices down nearly 1% each. Senesx was down by 191 points at 19,796, while Nifty down by 59 points to close at 5,997.

ICICI Bank Ltd (provisionally) felling by 2.2%, while State Bank of India ending 2.6% lower.

Wed, Jan 16, 2013 at 14:00 PM
Markets turned negative.
Markets to continue in negative trend as rate sensitives continue to weigh on the benchmark indices. Sensex is down by 76 points at 19,911, while Nifty is down by 28 points at 6,029.

Sectoral wise, Auto, Metal, Banks, Capital Goods, are down by 0.7-1% , Oil & Gas, Consumer Durables and Healthcare indices gained by 0.2-0.8%.. Mid-cap index slipped by 0.7% and the Small-cap index dropped by 0.6%.

Major loser stocks are, Tata Motors down by 3%, Bajaj Auto down by 3%, Mahindra & Mahindra and Maruti Suzuki down by 2.5% each, SBI, ICICI Bank, HDFC and HDFC Bank down by 0.4-1%, Jindal Steel, Hindalco Industries and Tata Steel slipping by 1-3%, BHEL, Tata Power, Sun Pharma, ONGC, Infosys and Hindustan Unilever down by 1% each.

Major gainers stocks are, Reliance Industries ahead of its Q3 numbers, Dr Reddys Lab, TCS and Sterlite up 1-2.6%. In other stocks, Strides Arcolab up by 3%, extending its over 3% gain in past two-days, on reports that Pfizer Inc is among other companies in race to buy the company’s injectable-medicines unit Agila Specialties. Essar Oil up by over 1%, after reporting a net profit of Rs 32 crore for the third quarter ended December 2012 against a loss of Rs 362 crore in year ago quarter, on back of improved margins. Orient Refractories spurted up by 5.5%, after the Dutch firm Dutch US Holding B.V. made an open offer to acquire additional 26% stake in the company.

Overall market breadth was negative, of 2,815 stocks traded 1821 stocks declined while 994 stocks advanced.

Wed, Jan 16, 2013 at 13:00 PM
Markets turned negative.
Markets after flat opening and trading almost flat have dipped to day's low, amid profit booking by investors and weak Asian markets. Sensex is down by 81 points at 19,906 near day's low of 19,901, while Nifty is down by 32 points at 6,025 near day's low of 6,024.

Sector wise, barring Oil & Gas index which is up by 1%, sectors like sectors like Auto, Banks, Metal, IT, Power and PSU are down by 1% each. Mid-cap index has plunged by 0.55% whereas Smallcap index is down by 0.35%.

Major gainers at this hour are, Reliance Industries up by 2%, Dr. Reddeys' Laboratories, Sterlite Industries, Bajaj Auto and Cipla Limited.

Major loser at this hour are, Tata Motors, Mahindra & Mahindra, Hindalco Industries, Jindal Steel Power Ltd, Maruti Suzuki, Tata Power, BHEL, Tata Steel and ICICI Bank.

Among individual stocks, Aseem Global has locked in 10% upper circuit, extending its previous day’s 10% rally after the company said it is in advanced stage of talks with overseas investors for technology and financial joint venture for its new plant.

Overall market breadth in turned negative, of 2626 stocks traded 1,644 shares declining compared to 982 shares advancing.

Wed, Jan 16, 2013 at 11:30 AM
Markets trading flat.
Markets are trading volatile in a narrow range, amid profit booking in select IT, Auto and Bank sectors. Sensex after touching a high of 20,009, now is down by 23 points at 19963, while Nifty is down by 16 points at 6040.

Sectoral wise, Auto index is down by 1%, IT down by 0.6%. However Oil & Gas index is up by 0.8%, Healthcare, Consumer Durables and Capital goods indices have also advanced.

Major gainer stocks are, Reliance Industries up by 2.3%, Dr Reddys, Bajaj Auto and Sterlite Industries up by 1% each.

Major loser stocks are, Tata Motors down by 2%, Mahindra & Mahindra, Jindal Steel, Maruti Suzuki and Tata Steel also down by 1-2% each.

Kingfisher Airlines has been given a "no objection certificate" from oil companies and some aircraft leasing companies to restart operations, a senior regulatory source said on Wednesday. The stock has surged 3.7% at Rs 14.59 in trades today.

Wed, Jan 16, 2013 at 10:30 AM
Markets trading flat.
Markets trading flat, as investors are booking profit ahead of some key earning annoucements. Sensex is up by 17 points at 20,003.19, while Nifty is down by 3.9 points at 6,052 in morning trades.

Sectoral wise, Oil & Gas, Consumer Durables, Healthcare, Power, PSU are gaining, while IT, Banks, Auto, FMCG indexes are feeling pressure. Mid-caps and Small-caps rising by 0.1% each.

Major gainers stocks are, Dr Reddy's and Cipla rising by 2% and 0.6%, Reliance Industries up by 1.6%, ITC gaining by 0.3%, Bajaj Auto up by 1.4% and HDFC, HDFC Bank gaining by 1% and 0.1% respectively.

Major loser stocks are, Tata Motors, Mahindra & Mahindra down by 2% and 0.7% each, SBI and ICICI Bank down by 0.7% and 0.4%, Sterlite Industries and Jindal Steel down by 0.1% and 0.5%, TCS and Infosys down by 1% and 0.7% respectively.

The other notable movers include, Orient Refractories rising by 3%, after the Dutch firm Dutch US Holding B.V. made an open offer to acquire additional 26% stake in the company. Deccan Chronicle Holdings hitting the lower circuit filter of 5% with no buyers in the counter, after the National Stock Exchange (NSE) said that the trading in company’s shares will be suspended with effect from January 23, 2013 as the company failed to respond to NSE notice for non-compliance of listing agreement.

Overall market breadth is positive, of 1,800 stocks traded, 914 stocks advanced compared to 797 declines.

Wed, Jan 16, 2013 at 9:30 AM
Markets opened flat.
Markets opened flat, amid investors booking profits in select sectors ahead of key earnings announcement this week. Sensex is down by 8.6 points at 19,978.19, while Nifty is down by 7.6 points at 6,049.00.

Sectoral wise, Oil & Gas, PSU, FMCG , Healthcare gained, while Metals, Capital Goods, IT, Banks, Auto indexes are down. Mid-caps and Small-caps indices rising by 0.1 and 0.2% respectively.

Major gainer stocks are, Reliance Industries up by 1%, ITC gaining by 0.6%, Bajaj Auto and Maruti Suzuki up by 1% and 0.4% respectively.

MAjor loser stocks are, Tata Motors, Mahindra & Mahindra down by 0.7% each, SBI and ICICI Bank down by 0.5% each, Sterlite Industries and Jindal Steel down by 0.1% and 0.5%, TCS and Infosys down by 0.4 and 0.2% each.

Overall market breadth is positive, of 670 stocks traded, 401 stocks advanced compared to 233 declines.

January 15, 2013

Market Pulse - Jan 15, 2013


Tue, Jan 15, 2013 at 16:30 PM
Markets ends positive.
Markets ended firm, amid buying interest by the investors, with Sensex breaching the psychological 20,000 mark intra-day and the markets extended gains to end at new two-year closing highs on the back of better-than-expected third quarter earnings. Sensex surged to a high of 20,037, finally ended up by 80 points at 19,987, while Nifty ending up by 33 points at 6,057.

Sectoral wise, Real-Estate index surged by 1% on hopes of easing inflation would help rate cut by RBI later this month. FMCG, Bankex, Consumer Durables and Oil & Gas indices were up by 0.5-0.7% each. Mid-cap index up by 0.3%, while Small-cap index down marginally. On the other hand, Metal index was weak.

Among major gainer stocks, Bharti Airtel was up by 5%, Idea up by 8.3%, Reliance Comm up by 2.7%, ITC up by 2%, Bajaj Auto up by 1%, Axis Bank up by 2.6%, ICICI Bank, Tata Power and Hindalco Industries were also gainers for the day.

Among major loser were, Sterlite Industries down by 1.3%, Reliance Industries down by 0.1%, Jindal Steel, Coal India, Dr Reddy's and Sun Pharma were also down.

Private lender Axis Bank today reported a 22% increase in net profit at Rs 1,347 crore for the third quarter ended December 2012. It was Rs 1,102 crore in the same period a year ago. The total income rose 19% to Rs 8,580 crore as against Rs 7,207 crore in December 2011. Axis Bank spurted by 2.6%.

HCL Infosystems surged 5% after its board of directors approved the business restructuring.

Overall market breadth was marginally negative, of 3,031 stocks traded, 1,127 shares declined compared to 1,093 shares advanced in trades.

Tue, Jan 15, 2013 at 15:30 PM
Markets ends positive.
Markets have ended up, after almost flat noon session. Sensex breaching twice 20K mark but could not hold on to it. Finally Sensex has ended (provisional) at 19,991 up by 84 points, while Nifty has ended up by 33 points at 6,057.

Tue, Jan 15, 2013 at 14:30 PM
Markets regains.
Markets surged once again, amid buying in Real-Estate and Banking shares. Sensex crossed the 20K mark to a high of 20,014 is now up by 95 points ay 20,002, while Nifty also regaining is up by 31 points at 6,055.

Sector wise, Real-Estate index surged to 1.30% an easing inflation hopes would help the central bank to cut rates at its policy meet during the end of the month. FMCG, Bankex, Consumer Durables and Auto indices up by 0.5-1% each. On the other hand, Metal index is weak, due to global pressure, is marginally down by.

Among major gainer stocks are, Bharti Airtel up by 5.5%, TCS up by 1.7%, ITC up by 2.3%, Bajaj Auto up by 1.3%, ICICI Bank, Tata Power and Hindalco also advanced.

Major loser stocks are, Sterlite down by 1.3%, Jindal Steel, Coal India, Dr Reddy's and Sun Pharma are also down.

Tue, Jan 15, 2013 at 13:00 PM
Markets trading flat.
Markets continue to trade flat in noon session as the gains in TCS, ITC and Bharti Airtel were wiped out by the weakness in index heavyweights. Sensex was up by 5 points at 19,912, while Nifty up by 4 points hovering around the 6,028. Earlier, Sensex touched a high of 20,007 in the opening trades for the first time since January 2011.

Sector wise, Banks, Metal, Oil & Gas, Power and PSU are weak traing in negative zone, while Real-Estate and Auto indices gaining by 0.8% and 0.5% respectively on rate cut hopes. FMCG, Capital Goods and IT indices were the other gainers, adding 0.2-0.4%. Mid-cap and the Small-cap indices paring early gain,are merely up by 0.1% each.

Among major gainer are, TCS up by nearly 2%, Bharti Airtel, ITC, Maruti Suzuki, Bajaj Auto, Gail India, Cipla and Tata Motors up between 1-1.6%.

Among major losers are, Sterlite, Hero MotoCorp, Jindal Steel, Coal India, Hindustan Unilever, Sun Pharma and SBI down 0.8-1.5%.

Overall market breadth is negative, of 2757 stocks traded, 1366 stocks declined compared to 1391 advanced.

Tue, Jan 15, 2013 at 11:00 AM
Markets consolidate gains.
Markets consolidated gains in late morning session on cautious ahead of key earnings announcement this week, however, hopes of rate cut by the Reserve Bank of India. Sensex gained by 23 points at 19,929.09, while Nifty gained by 10 points at 6,034.20.

Sectoral wise, Autos, IT, Capital Goods, Banks gaining, while Metals, FMCG, Oil & Gas index dropped. Mid-caps and Small-caps indices rising by 0.4-0.5% respectively.

Among major stock gainers are, Wipro and TCS rising by 0.1% and 2%, Bharti Airtel up by 1.3%, Tata Motors, Bajaj Auto and Maruti Suzuki up by 1-1.3%, BHEL and Larsen & Toubro rising by 0.5-1%, while Tata Steel and Hindalco Industries up by 0.3%.

Among major stocks loser are, SBI and ICICI Bank down by 0.1%, Sterlite Industries and Jindal Steel down by 1% and 0.4%, Hindustan Unilever down by 1.4%, Infosys down by 0.6%, while Sun Pharma and Dr Reddy's down by 0.6%.

The other notable movers are, HCL Infosystems moving higher by 5%, on announcement of approval of business restructuring by it's board. Shalimar Paints spurted by 17%, after reporting 24% year-on-year (yoy) jump in net profit at Rs 4.69 crore in December 2012 (Q3) quarter against Rs 3.77 crore in previous year quarter. The paint maker had a profit of Rs 2.78 crore in September 2012 quarter. SpiceJet surging by 7% on back of heavy volumes on reports of Qatar Airways may buy stake in the low-cost carrier (LCC).

Overall market breadth is positive, of 2,294 stocks traded, 1,271 stocks advanced compared to 913 declines.

Tue, Jan 15, 2013 at 10:30 AM
Markets pare gains.
Markets have pared early gains, amid weakness in FMCG, Banks and Metal sectors weighed on the benchmark indices. Sensex is merely up by 8 points at 19,914, while the Nifty is up by five points at 6,029.

Sectoral wise, Mid-cap index advancing by 0.4% and Small-cap index gaining by 0.3%, both outperforming the Sensex. Among other sectoral indices, Metal and Banks along with FMCG are down. Real-Estate, Auto and Capital Goods indices are up by 0.5-1% in this session.

Among major gainers stocks are, TCS, Bharti Airtel, Tata Motors, Bajaj Auto and L&T up by 0.8-2%, while the losers are, Sterlite, Hindustan Unilever, Jindal Steel and Hero MotoCorp down 1% each.

Shalimar Paints soared 17%, after reporting 24% year-on-year (yoy) jump in net profit at Rs 4.69 crore in December 2012 (Q3) quarter against Rs 3.77 crore in previous year quarter. The paint maker had a profit of Rs 2.78 crore in September 2012 quarter.

Tue, Jan 15, 2013 at 09:30 AM
Markets opened positive.
Markets opened optimistic as stock edging higher in early trades. Sensex breaching 20K mark is up by 26.03 points or 0.13%, more than 70 points off an early high of 20,007.09, while Nifty which rose to 6044.60, is now up 5.85 points or 0.1% at 6029.90.

IT, realty and automobile stocks have edged up. A few stocks from the banking sector too have edged up, while FMCG, Oil & Gas, Pharma and Power stocks are mostly flat.

January 14, 2013

Market Pulse - Jan 14, 2013


Mon, Jan 14, 2013 at 16:30 PM
Markets closed positive.
Markets after a positive start, traded on a firm note through the day and ended near the day's high. Sensex gained by 243 points to 19,906, while Nifty was up by 72 points at 6024.

The headline inflation slowed down to its lowest level in three years, hardening expectations for an interest rate cut by the RBI later this month to boost an economy that is set to post its slowest growth in a decade. The annual wholesale price inflation (WPI) eased to 7.18% in December, government data showed on Monday. It was below analysts' expectations of 7.40% and down from 7.24% annual rise in November.

Rate sensitive sectors were among the top gainers on hopes that easing inflation would help the central bank to cut rates at its policy meet during the end of the month. Realty index surged by 5% , IT index went up by 2.5%, however, Auto index shedding 0.5%.

TCS was up over by 2% ahead of its Q3 earnings to be release after market hours today. Infosys extended gains was up over by 3.4%, also raising its full year guidance. Jindal Steel, Tata Steel and Hindalco surging by 1-3% each, ONGC was up by 4.2% in spite of CLSA downgrading the company. Among other gainers were ICICI Bank and larsen & Toubro. FMCG majors - ITC and HUL adding around 1.5% each.

On the other hand, Maruti Suzuki slipped by 1.7%, Cipla, Bajaj Auto and Coal India shedding around by 1% each. Tata Motors slipping by 0.6%.

Overall market breadth was fairly positive, of 3,007 stocks traded, 1,368 shares advanced while 846 shares declined.

Mon, Jan 14, 2013 at 15:30 PM
Markets closed positive.
Markets after a positive start, has closed positive, amid drop in inflation and reports about postponement of GAAR implementation lifted sentiment and drove stock prices up. Sensex has ended (provisional) at 19,948 - up by 283 points, while Nifty has ended up by 73 points at 6,024.

IT stocks traded firm right through the session. Realty stocks were a bit subdued early on, but gained in strength as the session progressed. Oil, PSU, metal, capital goods and consumer durables stocks too mostly ended higher. Stocks from FMCG, power and banking sectors too closed on a firm note. Pharma and automobile stocks were a bit subdued.

There were strong gains for some midcap and smallcap stocks.

Overall market breadth was fairly strong.

Mon, Jan 14, 2013 at 14:00 PM
Markets trading firm.
Markets after opening positive build gains throughout the session. Sensex is now up with a gain of 162.36 points or 0.84%, while Nifty is up by 48.65 points or 0.8% at 5999.95.

Infosys, up 3% at Rs 2793, is the top gainer in the Sensex. Tata Consultancy Services, ONGC and Jindal Steel & Power are trading higher by around 2.5%. ICICI Bank, ITC, Larsen & Toubro, Tata Steel, Bharti Airtel and NTPC are up 1% - 1.8%. Dr Reddy's Laboratories, Hindalco, HDFC, GAIL India, BHEL, State Bank of India and Hero Motocorp are also trading firm.

Mon, Jan 14, 2013 at 11:30 AM
Markets trading firm.
Markets which spurted to 19,853.91, is currently up by 144.40 points or 0.72% at 19,808.04, while Nifty is up by 40.40 points or 0.68% at 5991.70, slightly off the day's high of 6002.45.

Infosys, extending previous session's hefty gains, is trading stronger by 3.2%. Tata Consultancy Services is up with a gain of nearly 2% and HCL Technologies is up nearly a percent.

ONGC, DLF, ICICI Bank, Axis Bank, Punjab National Bank, Bharti Airtel, NTPC, ITC, Siemens, Dr Reddy's Laboratories, Jaiprakash Associates and GAIL India are up by 0.5% - 2.6% now.

Mon, Jan 14, 2013 at 10:00 AM
Markets trading firm.
Markets trading firm in early trades as investors maintained buying interest in IT sectors, amid hopes of robust earnings from TCS later today, after Infosys upbeat third quarter performance. Sensex gained by 84.14 points at 19,748.09, while Nifty gained by 7.95 points at 5,9969.20.

Sector wise, Autos, Metal, Real-Estate, Power, Banks declined, while IT, Consumer Durables, Oil & Gas, FMCG indexes gained. Mid-caps and Small-caps falling by 0.1% each.

Major performing stocks at this hour are, Maruti Suzuki down by 1.6%, Mahindra & Mahindra and Hero MotoCorp dropped by 1.3% and 0.1%, SBI felling by 0.6%, Sterlite Industries and Tata Steel down by 1% and 0.4%, while Sun Pharma and Cipla down by 0.6% and 1%. Infosys gaining by 4%, Wipro and TCS up by 0.4% and 1%, ONGC up by 1%, ICICI Bank up by 0.4%, Reliance Industries up by 0.3%.

The other key notable movers include Geojit BNP Paribas Financial Services surging over by 5%, after reporting over two-fold increase in the net profit at Rs 13 crore for the third quarter ended December 2012 (Q3) as against Rs 4.3 crore during the same quarter of the previous year.

The overall market breadth was positive, of 1,775 stocks traded, 869 stocks advanced compared to 831 declines.

Mon, Jan 14, 2013 at 09:30 AM
Markets opens firm.
Markets opened higher, amid buying in IT sectors after better-than-expected results by Infosys. Sensex gained 25.45 points and opened at 19,689.09, while Nifty gained 15.90 points at 5,967.20 in opening trades.

Sectoral wise, barring Banks, IT, Consumer Durables indexes, all sectoral indices gained. Mid-caps and Small-caps rising by 0.1% each.

Among major stocks, Hero MotoCorp down by 0.7%, SBI down by 0.4%, ONGC down by 0.6%, while Sun Pharma and Cipla felling 0.4% each. Infosys gained by 2%, Wipro and TCS rising by 1%, while Sterlite Industries and Tata Steel up by 0.4%.

Overall market breadth was positive, of 749 stocks traded, 447 stocks advanced compared to 265 declines.

January 11, 2013

Market Pulse - Jan 11, 2013


Fri, Jan 11, 2013 at 16:30 PM
Markets ends lower.
Markets, after optimistic start, skid into negative zone and finally ended marginally lower, amid investors opted to trade cautiously ahead of inflation data scheduled next week. Trading was volatile with IT companies leading gains after better than expected Infosys' third quarter results, however, gains were capped on growth recovery concerns after weaker-than-expected November industrial output. Sensex inched up by 0.09 point at 19,663.64, while Nifty felling by 17.35 points at 5,951.30.

Sectoral wise, barring IT, Consumer Durables indexes, all sectoral indices plunged down with FMCG, PSU, Power, Real-Estate, Banks, Capital Goods sectors leading declines. Mid-caps and Small-caps also declining by 1.6% each.

Major loosing stocks were, ONGC down by 3.3%, ITC and HUL down by over 2.5% and 3.5%, Bharti Airtel declined by 1.6% , BHEL declined by 2%, SBI and ICICI Bank down by 2% and 1.5% each, while Reliance Industries down by 1.2%.

Major gainer stocks were, Infosys gaining by 16%, Wipro and TCS rising by 4-6%, while Sterlite Industries up by 1%. Shares of information technology (IT) companies are in focus after Infosys reported a better-than-expected net profit for the third quarter ended December 2012 (Q3) and upped its full year guidance.

The other key notable movers are, Scooters India locked in lower circuit of 5%, on reports that the government deferred the revival plan of the company.

Parkeh Aluminex tanking by 10%, locked in maximum lower permissible limit for second day in a row after the company said Mr Amitabh Parekh, the founder chairman and managing director of the company expired on January 06, 2013.

Overall market breadth was negative, of 3,078 stocks traded, 1,963 stocks declined compared to 985 advanced.

Fri, Jan 11, 2013 at 15:30 PM
Markets ends lower.
Markets ended down after a volatile session as investors kept booking profits in index heavyweights, mid-cap, small-cap stocks after weaker-than-expected November industrial output. Sensex down by 24 points and ending at 19,639.34 (provisionally), while Nifty down by 17.35 points at 5,951.30 (provisional)

Fri, Jan 11, 2013 at 15:00 PM
Markets trading flat.
Sensex is up by 0.15 percent, while the NSE Nifty is down 0.14 percent.

The gains were primarily led by a rally in software services exporters, after Infosys surprised markets by raising its revenue outlook and posting better-than expected earnings.

Infosys is up 16.4 percent, while Tata Consultancy Services Ltd (TCS.NS) shares gain 4.2 percent ahead of earnings on Monday.

Outside of IT stocks, most sectors and stocks fell.

Fri, Jan 11, 2013 at 11:30 AM
Markets trading flat.
Markets which opened firm, amid better than expected Q3 Infosys result. Sensex, which rose declined to around 19,727.12 after rising to 19,839.80 in early trades, is currently at 19,756.80, up by 93.25 points or 0.47% from its previous close, while Nifty is up by 18 points or 0.3% at 5986.65, more than 30 points off the day's high of 6018.85.

Fri, Jan 11, 2013 at 11:30 AM
Markets trading firm.
Markets trading firm after upbeat Infosys third quarter results ignoring sudden contraction in November industrial output. Sensex gaining by 95 points at 19,758.55, while Nifty rising by 18 points at 5,986.65.

Fri, Jan 11, 2013 at 11:30 AM
IIP.
India's Industrial Production fell 0.1% in November from a year earlier, government data showed on Friday.

Analysts polled by Reuters had expected output to grow 0.7% annually. Revised data for October showed production at factories, mines and utilities grew 8.3% compared with 8.2% earlier.

Manufacturing, which constitutes about 76 percent of industrial production, rose by 0.3% from a year earlier, the federal statistics office said.

In the April-November period, industrial production expanded an annual 1.0%.

Fri, Jan 11, 2013 at 10:00 AM
Markets open firm.
Sensex, which spurted to 19,839.80 in early trades, is currently up by 111 points or 0.57% at 19,774.55, while Nifty is up by 23.95 points or 0.4% at 5992.60.

Infosys Limited has reported a net profit of Rs 2265 crore for the quarter ended December 2012, as compared to a net profit of Rs 2235 crore it had recorded in the previous quarter. However, the standalone revenue for the third quarter rose by 8.3%. The company reported a revenue of Rs 9,878 crore as compared to Rs 9,118 crore in the corresponding period a year ago.

On consolidated basis too the IT giant reported a flat net profit at Rs 2,369 crore as against Rs 2,372 crore in the previous quarter ended September 2012. The revenue rose 12.4% at Rs 10,927 crore as against Rs 9,720 crore in the previous quarter.

Fri, Jan 11, 2013 at 09:30 AM
Markets open firm.
Markets have opened firm this morning, piggybacking on a strong set of numbers from IT bellweather Infosys. Sensex spurted to 19,839.80 in early trades, and is currently up by 118 points or 0.65 at 19,781.55, while Nifty is up by 30 points or 0.5% at 5998.65, off an early high of 6012.40.

IT index is up nearly 6.5% with Infosys gaining as much as 12%. HCL Technologies, TCS, Wipro, Tech Mahindra and Mahindra Satyam are also up with strong gains. However, FMCG index has slipped by 1%, Oil & Gas, Capital Goods, Power and Bankex shedding by 0.2-0.5% each.

Sterlite and Tata Steel are also in the green. On the other hand, ONGC has slipped by 2%, ITC down by 1.7%, among other losers are Tata Power and GAIL.

Overall market breadth is neutral, of 1,877 stocks traded, 919 shares advancing compared to 887 shares declining.

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