06 February, 2013

Market Pulse - 06 Feb, 2013


Wed, Feb 06, 2013 at 17:30 PM
Markets closes flat.
Markets after opening firm on positive global cues, closed flat amid a volatile trading session. Sensex closed down by 20.10 points or 0.10% at 19,639.72 after touching day's high of 19,767.25, while Nifty closed up by 2.3 points or 0.04% at 5,959.20 after touching day's high of 5,990.90.

Sector wise, Real-Estate, IT, FMCG and Metal gained between 0.78-0.29%, while Consumer Durables and Auto tad up by 0.6-0.1% respectively. Whereas, Capital Goods, PSU, Power, Bank and Oil & Gas dropped between 0.93-0.18% respectively. In broader market Mid-cap inched up by 0.02% and Small-cap gained by 0.24% respectively.

Major stock gainers were, Jindal Steel & Power Limited gaining by 2.69%, Maruti Suzuki up by 1.61%, ITC up by 0.78%, TCS and Infosys up by 0.82 and 0.59%, HDFC gained up by 1.25%, Hindalco Industires and Tata Steel gaining by 0.79% and 0.63%, Bharti Airtel up by 0.62%, Tata Power Company gaining up by 0.15%, while Dr. Reddy's Labs and Sun Pharmaceuticals Industires tad up by 0.14% and 0.02% each.

Major stock losers were, NTPC down by 2.12%, Coal India Limited fell by 2.03%, HuL down by 1.6%, L&T fell by 1.23%, ICICI Bank, HDFC Bank and State Bank of India dropped by 1.08%, 0.62% and 0.60%, ONGC down by 0.98%, Bajaj Auto, Hero Motocorp, Tata Motors and M&M fell by 0.47%, 0.61%, 0.31% and 0.14% respectively, and Cipla down by 0.71%, BHEL fell by 1.72%, Wipro Limited down by 0.32%.

NTPC closed lower by over 2%, after the government has set a floor price of Rs 145 a share for its proposed 9.5% stake sale through offer for sale (OFS). The floor price is 7% discount to Monday’s closing price.

Sugar companies shares rallied up to 7% on partial decontrol buzz. Dhampur Sugar Mills, Bajaj Hindustan and Balrampur Chini Mills were up between 3-7%. Shree Renuka Sugars and Ravalgaon Sugar Farm gained between 2-3%.

Thomas Cook (India) surged nearly 3% after the travel services provider said that it is acquiring 74% stake in HR solutions company IKYA Human Capital Solutions for Rs 256 crore (approximately $47 million).

GTL Limited rallied 8% to Rs 25 after the telecom network services firm said its net loss has narrowed to Rs 81.07 crore for the quarter ended December 31, 2012 (Q3).

Overall market breadth remained positive, of 2,125 shares traded 1,144 shares advanced compared to 981 shares declined.

Wed, Feb 06, 2013 at 15:30 PM
Markets closes flat.
Markets ended flat amid a volatile trading session. Sensex closed down by 29 points at 19,637.29 (provisionally), while Nifty ended almost flat at 5,957.29 (provisinally).

Wed, Feb 06, 2013 at 09:30 AM
Markets open firm.
Markets have opened firm and surged higher in early trades, amid positive global cues. Sensex, which rose to 19,767.25, is now up by 61 points or 0.31% at 19,720.86, while Nifty is up by 22.45 points or 0.38% at 5979.35, off an early high of 5990.90.

Sector wise, Real-Estate, Consumer Durables, Metal and Auto indices have moved higher, Healthcare, Capital Goods and Bank Indices have also edged up, while IT, Oil & Gas and FMCG indices are off to a mixed start.

No comments:

Post a Comment

Share This

Popular Posts

Featured Post

Sukanya Samriddhi Scheme

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

news