Foreign institutional investors ( FIIs) were net buyers of Rs 1,164.41 crore (provisional) today, according to data released. While FIIs made gross purchases of Rs 3,187.89 crore, gross sales totalled Rs 2,023.48 crore.
Domestic institutional investors (DIIs) were net sellers of Rs 825.40 crore today. While DIIs made gross purchases of Rs 1,148.55 crore, gross sales totalled Rs 1,973.95 crore.
Thu, Jan 04, 2013 at 17:00 AM
Markets trading marginally higher.
Markets closed marginally higher, amid a volatile trading session, led by IT and select banking shares as some brisk buying was seen in the final hour. Investors traded cautiously intra-day with key benchmark indices dropping nearly 0.4% tracking global markets after several Federal Reserve officials expressed concerns about continuing to expand stimulative bond buying in the Thursday's FOMC meet. Sensex, which rallied to 19,797.44 after declining to around 19,680, ended the day with a marginal gain of 19.30 points or 0.1% at 19,784.08, while Nifty, declining to a low of 5981.55 and touching a high of 6020.75, closed at 6016.15.
Sectoral wise, PSU's oil marketing company moved higher, amid reports of a likely hike in fuel prices. IT sector also witnessed some strong buying along with Power and Consumer Durables. Pharmaceuticals, Real-Estate, Bank and Metal sectors declined due to profit booking. Mid-caps and Small-caps outperformed the benchmark indices gaining nearly by 0.4%.
Among gainers, GAIL India, BHEL, ONGC, Tata Consultancy Services and Wipro gaining by 1.5% - 2%. ICICI Bank, NTPC, Coal India, State Bank of India, Mahindra & Mahindra, Infosys, Hindustan Unilever and Dr Reddy's Laboratories gaining by 0.4% - 1%. Cairn India, gained up by 3.3%. BPCL, Hindustan Petroleum Corporation and Indian Oil Corporation rallied sharply on strong buying support. IDFC, HCL Technologies, Punjab National Bank, Power Grid Corporation and Ultratech Cement also closed on a firm note.
Among loosers, Tata Steel, Jindal Steel & Power, Sesa Goa and Hindalco down by 1.4% - 2%. Tata Motors, Axis Bank, HDFC, Bajaj Auto, Kotak Bank, Bank of Baroda, Lupin, Larsen & Toubro, ITC and HDFC Bank also drifted lower.
DLF regained some ground after declining sharply, but still ended the session on the negative side. The stock suffered a setback following the Competition Commission of India passing a supplementary order modifying the Apartment Buyers Agreement entered into between DLF and the apartment allottees in some projects in Gurgaon. CCI in its earlier order dated August 12, 2011 had held that DLF was a dominant enterprise which had violated the provisions of Section 4 of the Competition Act 2002 by entering into an agreement with apartment allottees that was one sided, abusive and unfair to the allottees. Accordingly the Apartment Buyers Agreement has been amended such that the abusive and unfair conditions present in the original one sided agreement have been removed, the Ministry of Corporate Affairs said.
ONGC and Oil India were in focus following a committee set up under the chairmanship of Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister to look into the Production Sharing Contract Mechanism in petroleum industry, suggesting major changes in the current Production Sharing Contract Mechanism and changes in gas pricing.
IFCI rose sharply on huge volumes on reports the government is restructuring the company's board. Tecpro Systems surged higher on the back of reports that the company has bagged orders worth Rs 146.50 crore from Damodar Valley Corporation for supplying coal handling plant package. Manappuram Finance and Muthoot Finance surged higher once again, amid reports of a likely hike in Loan-to-Value ratio.
Overall market breadth was slightly positive at close. Out of 3070 stocks, 1521 stocks moved up, while 1435 stocks declined and 114 stocks ended flat.
Sectoral wise, PSU's oil marketing company moved higher, amid reports of a likely hike in fuel prices. IT sector also witnessed some strong buying along with Power and Consumer Durables. Pharmaceuticals, Real-Estate, Bank and Metal sectors declined due to profit booking. Mid-caps and Small-caps outperformed the benchmark indices gaining nearly by 0.4%.
Among gainers, GAIL India, BHEL, ONGC, Tata Consultancy Services and Wipro gaining by 1.5% - 2%. ICICI Bank, NTPC, Coal India, State Bank of India, Mahindra & Mahindra, Infosys, Hindustan Unilever and Dr Reddy's Laboratories gaining by 0.4% - 1%. Cairn India, gained up by 3.3%. BPCL, Hindustan Petroleum Corporation and Indian Oil Corporation rallied sharply on strong buying support. IDFC, HCL Technologies, Punjab National Bank, Power Grid Corporation and Ultratech Cement also closed on a firm note.
Among loosers, Tata Steel, Jindal Steel & Power, Sesa Goa and Hindalco down by 1.4% - 2%. Tata Motors, Axis Bank, HDFC, Bajaj Auto, Kotak Bank, Bank of Baroda, Lupin, Larsen & Toubro, ITC and HDFC Bank also drifted lower.
DLF regained some ground after declining sharply, but still ended the session on the negative side. The stock suffered a setback following the Competition Commission of India passing a supplementary order modifying the Apartment Buyers Agreement entered into between DLF and the apartment allottees in some projects in Gurgaon. CCI in its earlier order dated August 12, 2011 had held that DLF was a dominant enterprise which had violated the provisions of Section 4 of the Competition Act 2002 by entering into an agreement with apartment allottees that was one sided, abusive and unfair to the allottees. Accordingly the Apartment Buyers Agreement has been amended such that the abusive and unfair conditions present in the original one sided agreement have been removed, the Ministry of Corporate Affairs said.
ONGC and Oil India were in focus following a committee set up under the chairmanship of Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister to look into the Production Sharing Contract Mechanism in petroleum industry, suggesting major changes in the current Production Sharing Contract Mechanism and changes in gas pricing.
IFCI rose sharply on huge volumes on reports the government is restructuring the company's board. Tecpro Systems surged higher on the back of reports that the company has bagged orders worth Rs 146.50 crore from Damodar Valley Corporation for supplying coal handling plant package. Manappuram Finance and Muthoot Finance surged higher once again, amid reports of a likely hike in Loan-to-Value ratio.
Overall market breadth was slightly positive at close. Out of 3070 stocks, 1521 stocks moved up, while 1435 stocks declined and 114 stocks ended flat.
Thu, Jan 04, 2013 at 11:30 AM
Markets trading marginally lower.
Markets continue to trade marginally lower, amid weak global cues, weighed down by profit booking in metals and select financial shares. Sensex is down by 51 points at 19,714, while Nifty down by 18 points at 5,992.
Among the sectoral indices, Metal Index is the top loser down by 1.3%, followed by Realty, Auto and Bankex. FMCG and Capital Goods indices are also marginally down. Mid-cap and Small-cap outperformed the benchmark indices and are up by 0.2% each.
At this hour, HDFC group shares are top loosers, amid profit booking after recent gains. HDFC is down by 1.5% while HDFC Bank slipped by 0.9% and ICICI Bank is down by 0.3%. Tata Steel, Jindal Steel, Sterlite Industries and Hindalco Industries are down by 1.5%-2% each. Other loosers include ITC, Tata Motors and L&T.
However, shares of oil and software majors extended gains today. Software shares were up on the back of weak rupee. A weaker rupee boosts revenues of software exporters with major portion of their revenues coming from exports to the US. Infosy, Wipro and TCS were up 0.3-1.6% each, while ONGC was up 2.1% and Reliance Industries was trading with marginal gains.
Among the sectoral indices, Metal Index is the top loser down by 1.3%, followed by Realty, Auto and Bankex. FMCG and Capital Goods indices are also marginally down. Mid-cap and Small-cap outperformed the benchmark indices and are up by 0.2% each.
At this hour, HDFC group shares are top loosers, amid profit booking after recent gains. HDFC is down by 1.5% while HDFC Bank slipped by 0.9% and ICICI Bank is down by 0.3%. Tata Steel, Jindal Steel, Sterlite Industries and Hindalco Industries are down by 1.5%-2% each. Other loosers include ITC, Tata Motors and L&T.
However, shares of oil and software majors extended gains today. Software shares were up on the back of weak rupee. A weaker rupee boosts revenues of software exporters with major portion of their revenues coming from exports to the US. Infosy, Wipro and TCS were up 0.3-1.6% each, while ONGC was up 2.1% and Reliance Industries was trading with marginal gains.
Thu, Jan 04, 2013 at 10:45 AM
Markets trading weak.
Markets continued to trade in the negative zone amid weakness in banking and metal shares. Sensex slipping down by 72 points to 19,693, while Nifty is down 20 points at 5,989.
Sectoral wise, IT index has added 0.7%, Oil & Gas up by 0.7%, Metal index slipped by 1% Realty, Auto and FMCG indices are down half a per cent each. Meanwhile, broader markets have outperformed the benchmark indices.
Loosers at this hour includes, HDFC is down by 1.5%, Sterlite and Hindalco are dowm by 1.8% each. ONGC and BHEl added 1-3% each.
Gainers are Wipro up by 1.7%, while TCS and Infosys adding 1% each.
According to news, Infosys is planning to lay off up to 5,000 employees as the software services provider looks to cut costs and boost sales, a prominent financial daily reported on Friday.
Shares of public sector undertakings (PSU) oil marketing companies (OMCs) such as BPCL, HPCL and Indian Oil have rallied up to 6% in morning trades on reports that the oil ministry proposes to hike diesel prices by less than a rupee per month, reduce subsidy and raise cap on cylinders.
Sectoral wise, IT index has added 0.7%, Oil & Gas up by 0.7%, Metal index slipped by 1% Realty, Auto and FMCG indices are down half a per cent each. Meanwhile, broader markets have outperformed the benchmark indices.
Loosers at this hour includes, HDFC is down by 1.5%, Sterlite and Hindalco are dowm by 1.8% each. ONGC and BHEl added 1-3% each.
Gainers are Wipro up by 1.7%, while TCS and Infosys adding 1% each.
According to news, Infosys is planning to lay off up to 5,000 employees as the software services provider looks to cut costs and boost sales, a prominent financial daily reported on Friday.
Shares of public sector undertakings (PSU) oil marketing companies (OMCs) such as BPCL, HPCL and Indian Oil have rallied up to 6% in morning trades on reports that the oil ministry proposes to hike diesel prices by less than a rupee per month, reduce subsidy and raise cap on cylinders.
Thu, Jan 04, 2013 at 09:45 AM
Markets trading weak.
Markets is down by 35 points or 0.18% at 19,729.78, while Nifty is down by 14.75 points or 0.25% at 5994.75.
ONGC is up nearly by 2%, BPCL is up by 1.7%, HCL Technologies, BHEL, Ambuja Cements, Infosys, NTPC, Tata Consultancy Services and Dr Reddy's Laboratories are up with modest gains.
ONGC is up nearly by 2%, BPCL is up by 1.7%, HCL Technologies, BHEL, Ambuja Cements, Infosys, NTPC, Tata Consultancy Services and Dr Reddy's Laboratories are up with modest gains.
Thu, Jan 04, 2013 at 09:30 AM
Markets opened weak.
Markets opened weak, amid taking cues from Asian markets, as investors resorting to some profit taking in early trades. Sensex is down by 22 points or 0.11% at 19,743, while Nifty, which declined to 5990.85, is now down 15 points or 0.25% at 5994.50.
Sectoral wise, barring IT, rest all sectors are down. Metal, Real-Estate, Banks Healthcare, lending the declines. Mid-caps and Small-caps gaining nearly by 0.1%.
Among key stocks, decliners included Tata Power dropping by 1%, SBI and ICICI Bank down by 1% and 0.3%, Jindal Steel, Hindalco Industires and Sterlite Industries down by 1% each while Tata Motors and Mahindra & Mahindra declining 0.3%.
Gainers are ONGC gaining by 1%, Bharti Airtel rising 0.2% and 1%, TCS, Infosys and Wipro rising by 0.5%.
The overall market breadth was negative as 468 stocks gaining compared to 3026 declining.
Sectoral wise, barring IT, rest all sectors are down. Metal, Real-Estate, Banks Healthcare, lending the declines. Mid-caps and Small-caps gaining nearly by 0.1%.
Among key stocks, decliners included Tata Power dropping by 1%, SBI and ICICI Bank down by 1% and 0.3%, Jindal Steel, Hindalco Industires and Sterlite Industries down by 1% each while Tata Motors and Mahindra & Mahindra declining 0.3%.
Gainers are ONGC gaining by 1%, Bharti Airtel rising 0.2% and 1%, TCS, Infosys and Wipro rising by 0.5%.
The overall market breadth was negative as 468 stocks gaining compared to 3026 declining.
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