Markets closed weak, amid weak global cues.
Markets closed lower, after opening weak, amid profit booking by investors and weak global cues.|continued its losing streak. Sensex closed down by 91.37 points or 0.46% at 19,659.82, while Nifty ended down by 30.10 points or 0.50% at 5,956.90.
Sector wise, barring Healthcare index which closed up by 0.86%, all other indices closed down. FMCG dropped down by 1.03%, followed were Matel and Power down by 0.74-0.75% each, Bank down by 0.61%, PSU, Real-Estate, Auto and IT fell down between 0.46-0.16% respectively. Whereas in broader market Mid-cap and Small-cap down by 0.66% and 1.01% respectively.
Major stock gainers were, Sun Pharmaceuticals Industires spurted up by 4.26%, Bajaj Auto, Maruti Suzuki and M & M up by 1.68%, 0.44% and 0.33% respectively, Gail (India) gained up by 1.64%, Cipla up by 1.18%, DLF up by 0.96% and State Bank of India gaining by 0.57%.
Major stock losers were, BHEL down by 3.19%, Sterlite Industires and Jindal Steel fell by 1.73% and 1.22% each, Bharti Airtel down by 1.93%, Tata Motors and Hero Motocorp down by 1.64% and 1.42% each, ITC down by 1.58%, Tata Power Company fell by 1.50% and ICICI Bank slipped by 1.23%. Reliance Industries and Dr Reddys Laboratories were some of the other losers weighed on index.
United Spirits gained by 2%, after global liquor major Diageo Plc received market regulator Sebi's clearance for an open offer to acquire 26% stake from public shareholders of the UB group firm.
Escorts Limited spurted up nearly 5%, after its net profit more than tripled to Rs 28.13 crore for the quarter ended December 31, 2012 due to lower raw material cost. The commercial vehicles maker had made a profit of Rs 9.07 crore in the year ago quarter.
Bombay Dyeing drowned nearly by 8%, following media report which said state government did not give permission for commercial development at company's central Mumbai property.
UCO Bank slumped by 5%, after the bank posted a sharp drop in net profit for the third quarter ended December 31, 2012.
Kingfisher Airlines down by 2%, after reporting a net loss of Rs 755 crore for the December 2012 (Q3) quarter of the current fiscal mainly due to finance cost of Rs 401 crore and a one-time cost of Rs 275 crore due to re-delivery of aircraft.
Jubilant FoodWorks plunged by over 8%, extending its previous day’s 5.2% fall after reporting a lowest 16.1% year-on-year (YoY) growth in same store sales (SSS) in last 13 quarters during the third quarter ended December 31, 2012 (Q3).
Jain Irrigation Systems down by over 5%, in opening deals after reporting a net loss of Rs 31 crore for the third quarter ended December, 2012 (Q3), mainly due to unrealized forex losses of Rs 57 crore. The company had clocked a net profit of Rs 1.24 crore in the same quarter last fiscal.
Overall market breadth was negative, with 1,383 stocks declined compared to 809 stocks advanced.
Sector wise, barring Healthcare index which closed up by 0.86%, all other indices closed down. FMCG dropped down by 1.03%, followed were Matel and Power down by 0.74-0.75% each, Bank down by 0.61%, PSU, Real-Estate, Auto and IT fell down between 0.46-0.16% respectively. Whereas in broader market Mid-cap and Small-cap down by 0.66% and 1.01% respectively.
Major stock gainers were, Sun Pharmaceuticals Industires spurted up by 4.26%, Bajaj Auto, Maruti Suzuki and M & M up by 1.68%, 0.44% and 0.33% respectively, Gail (India) gained up by 1.64%, Cipla up by 1.18%, DLF up by 0.96% and State Bank of India gaining by 0.57%.
Major stock losers were, BHEL down by 3.19%, Sterlite Industires and Jindal Steel fell by 1.73% and 1.22% each, Bharti Airtel down by 1.93%, Tata Motors and Hero Motocorp down by 1.64% and 1.42% each, ITC down by 1.58%, Tata Power Company fell by 1.50% and ICICI Bank slipped by 1.23%. Reliance Industries and Dr Reddys Laboratories were some of the other losers weighed on index.
United Spirits gained by 2%, after global liquor major Diageo Plc received market regulator Sebi's clearance for an open offer to acquire 26% stake from public shareholders of the UB group firm.
Escorts Limited spurted up nearly 5%, after its net profit more than tripled to Rs 28.13 crore for the quarter ended December 31, 2012 due to lower raw material cost. The commercial vehicles maker had made a profit of Rs 9.07 crore in the year ago quarter.
Bombay Dyeing drowned nearly by 8%, following media report which said state government did not give permission for commercial development at company's central Mumbai property.
UCO Bank slumped by 5%, after the bank posted a sharp drop in net profit for the third quarter ended December 31, 2012.
Kingfisher Airlines down by 2%, after reporting a net loss of Rs 755 crore for the December 2012 (Q3) quarter of the current fiscal mainly due to finance cost of Rs 401 crore and a one-time cost of Rs 275 crore due to re-delivery of aircraft.
Jubilant FoodWorks plunged by over 8%, extending its previous day’s 5.2% fall after reporting a lowest 16.1% year-on-year (YoY) growth in same store sales (SSS) in last 13 quarters during the third quarter ended December 31, 2012 (Q3).
Jain Irrigation Systems down by over 5%, in opening deals after reporting a net loss of Rs 31 crore for the third quarter ended December, 2012 (Q3), mainly due to unrealized forex losses of Rs 57 crore. The company had clocked a net profit of Rs 1.24 crore in the same quarter last fiscal.
Overall market breadth was negative, with 1,383 stocks declined compared to 809 stocks advanced.
Tue, Feb 05, 2013 at 13:00 PM
Markets slumped in noon trades.
Markets extended its loss in afternoon trades after opening weak, amid discouraging U.S. factory orders coupled with worries that a potential political shake-up could disrupt the euro zone's efforts to resolve its debt crisis. Sensex down by 79 points at 19,672.25, while Nifty down by 31 points at 5,956.90.
Sector wise, except for Healthcare index, all other index are trading negative. Even in broader market Mid-cap and Small-cap indices traded down by 1%.
Major stock movers were, Sun Pharmaceuticals gaining by 3.7%, GAIL up by 1.6% and ONGC tad up by 0.17%, Maruti Suzuki and Bajaj Auto up by 0.5 % and 0.2% each. Dr Reddy's Lab fell 0.5%, BHEL down by 2.8%, Sterlite Industries declined by 2%, ITC down by 0.9%, ICICI Bank and HDFC Bank dropped by 1.4% and 0.4% respectively.
Sector wise, except for Healthcare index, all other index are trading negative. Even in broader market Mid-cap and Small-cap indices traded down by 1%.
Major stock movers were, Sun Pharmaceuticals gaining by 3.7%, GAIL up by 1.6% and ONGC tad up by 0.17%, Maruti Suzuki and Bajaj Auto up by 0.5 % and 0.2% each. Dr Reddy's Lab fell 0.5%, BHEL down by 2.8%, Sterlite Industries declined by 2%, ITC down by 0.9%, ICICI Bank and HDFC Bank dropped by 1.4% and 0.4% respectively.
Tue, Feb 05, 2013 at 11:30 AM
Markets continue to trade weak.
Markets continue to trade weak, amid weakness in sector like Ral-Estate, Consume Durables, Capital Goods ans Metal along with weak global market cues. Sensex dropped by 51 points at 19,700, while Nifty down by 22 points at 5,965.
Sector wise, except for IT and Healthcare indices which were trading positive, all other indies traded weak. Real-Estate was leading down by 1.1%, followed by FMCG and Power down by 0.57% and 0.53%, Bank, Metal, Auto and PSU down between 0.29-0.47% respectively.
Major stock losers are, BHEL drowned by 3.13%, Tata Motors and Hero Motocorp fell by 1.63% and 1.57% each, Sterlite Industires and Jindal Steel down by 1.46% and 0.97%, Reliance Industires, DFL, Coal India, ITC and ICICI Bank down between 0.94-0.65% respectively.
Major stock gainers are, Sun Pharmaceutical Industries spurted up by 4.23%, GAIL (India) by up 1.68%, Cipla down by 0.88%, NTPC fell by 0.80%, Maruti Suzuki, Bajaj Auto and Mahindra & Mahindra gaining between 0.77-0.62%, TCS up by 0.59%, State Bank of India and Tata Steel up by 0.43% each, HDFC and Infosys tad up by 0.29-0.10% each.
Sector wise, except for IT and Healthcare indices which were trading positive, all other indies traded weak. Real-Estate was leading down by 1.1%, followed by FMCG and Power down by 0.57% and 0.53%, Bank, Metal, Auto and PSU down between 0.29-0.47% respectively.
Major stock losers are, BHEL drowned by 3.13%, Tata Motors and Hero Motocorp fell by 1.63% and 1.57% each, Sterlite Industires and Jindal Steel down by 1.46% and 0.97%, Reliance Industires, DFL, Coal India, ITC and ICICI Bank down between 0.94-0.65% respectively.
Major stock gainers are, Sun Pharmaceutical Industries spurted up by 4.23%, GAIL (India) by up 1.68%, Cipla down by 0.88%, NTPC fell by 0.80%, Maruti Suzuki, Bajaj Auto and Mahindra & Mahindra gaining between 0.77-0.62%, TCS up by 0.59%, State Bank of India and Tata Steel up by 0.43% each, HDFC and Infosys tad up by 0.29-0.10% each.
Tue, Feb 05, 2013 at 10:30 AM
Markets trading weak.
Markets continue to trade weak, amid profit booking by investors and weak global cues. Sensex is down by 47 points at 19,405, while Nifty down by 23 points at 5,965.
Sector wise, Real-Estate index continues to trade weak down by 1.1%, Metal index down by 1%, while Healthcare index up by 0.5%.
Morgan Stanley raised its ratings on ONGC and HPCL to "overweight" from "equalweight", citing benefits from the recent government reforms on fuel prices. ONGC is up by 0.3%, while HPCL is trading down by 0.3%.
BHEL, Sterlite and Coal India have slipped between 1.6-2.7% each. Reliance too have gone down. HDFC Bank, ITC and Tata Motors are also weighing on the index, while BHEL has dropped by 2.6%.
Sun Pharmaceutical Industries rose by 2.88%, after the company said the US health regulator has approved a generic version of the cancer drug Doxil.
Sector wise, Real-Estate index continues to trade weak down by 1.1%, Metal index down by 1%, while Healthcare index up by 0.5%.
Morgan Stanley raised its ratings on ONGC and HPCL to "overweight" from "equalweight", citing benefits from the recent government reforms on fuel prices. ONGC is up by 0.3%, while HPCL is trading down by 0.3%.
BHEL, Sterlite and Coal India have slipped between 1.6-2.7% each. Reliance too have gone down. HDFC Bank, ITC and Tata Motors are also weighing on the index, while BHEL has dropped by 2.6%.
Sun Pharmaceutical Industries rose by 2.88%, after the company said the US health regulator has approved a generic version of the cancer drug Doxil.
Tue, Feb 05, 2013 at 09:30 AM
Markets open weak.
Markets got off to a weak start with investors booking profits, amid weak global cues. Sensex is down by 41.80 points or 0.21% at 19,751.21, while Nifty is down by 23.75 points or 0.4% at 5,963.50.
Sectoral wise, Real-Estate, Metal, Power, Bank Capital Goods and FMCG indices are trading lower, while Pharme, PSU and IT finding modest support.
Sun Pharma is up 4.3% at Rs 749. GAIL has gained 1.5%, followed by ONGC and TCS. BHEL has slumped 1.2%, Tata Motors, Hero MotoCorp, Sterlite and Jindal Steel are down 1-1.4% each.
Jain Irrigation Systems has dipped over by 6%, after reporting a net loss of Rs 31 crore for the third quarter ended December, 2012 (Q3), mainly due to unrealized forex losses of Rs 57 crore. The company had clocked a net profit of Rs 1.24 crore in the same quarter last fiscal.
Jubilant Food Works reported 27.96% jump in its standalone net profit at Rs 37.71 crore for the quarter ended December 31. The company had posted a net profit of Rs 29.47 crore in the corresponding period last fiscal, Jubilant Food Works said in a filing to the BSE. The stock has slumped by 5.8%.
Sun Pharma is up 4.3% at Rs 749. GAIL has gained 1.5%, followed by ONGC and TCS. BHEL has slumped 1.2%, Tata Motors, Hero MotoCorp, Sterlite and Jindal Steel are down 1-1.4% each.
Jain Irrigation Systems has dipped over by 6%, after reporting a net loss of Rs 31 crore for the third quarter ended December, 2012 (Q3), mainly due to unrealized forex losses of Rs 57 crore. The company had clocked a net profit of Rs 1.24 crore in the same quarter last fiscal.
Jubilant Food Works reported 27.96% jump in its standalone net profit at Rs 37.71 crore for the quarter ended December 31. The company had posted a net profit of Rs 29.47 crore in the corresponding period last fiscal, Jubilant Food Works said in a filing to the BSE. The stock has slumped by 5.8%.
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