March 31, 2013

Weekly Pulse - 30 Mar, 2013

Weekly Update - 30 Mar 2013

Markets closed firm positive.

 

Markets closed positive on weekly basis in abbrative trading session amid buying in IT and Banking sector following the sharp correction the previous week. 

Weekly basis, Sensex closed positively up by 100.14 points or 0.53%, at 18,835.77 after touching a high of 18,950.22 and a low of 18,568.43, while Nifty ended up by 31.20 points or 0.55% at 5,682.55 after touching a high of 5,718.40 and a low of 5,604.85 for the week ended.

WEEKLY UPDATE
TOP GAINERS
CompanyLTP
(Rs.)
Prev. Close
(Rs.)
Change
(%)
52 Week
High/Low
ONGC311.55295.855.31354/240
COAL INDIA309.15297.453.93386/291
HDFC825.75796.003.74882/611
HDFC BANK624.10605.403.09705/482
HINDALCO INDUSTRIES91.5089.652.06137/87
TATA CONSULTANCY SERVICES1571.801540.952.001598/1047
NTPC142.00139.551.76175/136
ICICI BANK LIMITED1045.351028.351.651231/767
HINDUSTAN UNILEVER466.10459.201.50580/398
STERLITE INDUSTRIES93.8092.501.41123/89
ITC LTD309.10305.201.28311/222
INFOSYS2889.902860.601.023010/2102
DR REDDYS LABORATORIES1766.301751.950.821969/1528
TATA POWER COMPANY96.4095.850.57113/83
WIPRO LIMITED437.15435.900.29456/326
TOP LOSERS
CompanyLTP
(Rs.)
Prev. Close
(Rs.)
Change
(%)
52 Week
High/Low
HERO MOTOCORP1541.901656.20-6.902279/1519
RELIANCE INDUSTRIES LIMITED773.70810.80-4.58955/671
TATA STEEL LIMITED312.30322.10-3.04482/301
LARSEN & TOUBRO1364.901398.35-2.391720/1106
MARUTI SUZUKI1279.701302.50-1.751638/1052
BHEL176.95180.00-1.69274/175
BAJAJ AUTO1794.901822.85-1.532229/1423
MAHINDRA & MAHINDRA861.15873.80-1.45975/622
JINDAL STEEL & POWER348.15351.90-1.07557/321
BHARTI AIRTEL LIMITED291.80294.20-0.82370/239
CIPLA LIMITED379.75382.25-0.65435/295
STATE BANK OF INDIA2072.752083.90-0.542550/1805
TATA MOTORS LIMITED269.30270.40-0.41337/203
GAIL (INDIA)319.15320.15-0.31396/300
SUN PHARMACEUTICAL INDUSTRIES818.35820.30-0.24848/554

March 29, 2013

Market Pulse - 28 Mar, 2013


Thu, Mar 28, 2013 at 17:30 PM
Markets closed firm positive.
Markets closed higher amid buying spree in banking and metal sectors. Sensex closed up by 131.24 points or 0.70% at 18,835.77 after opening almost flat down by 2.07 points or 0.01% at 18,702.46 and touched a high of 18,882.54 and a low of 18,568.43, while Nifty ended up by 40.95 points or 0.73% at 5,682.55 after opening flat up by 6.15 points or 0.11% at 5,647.75 and touching a high of 5,692.95 and a low of 5,604.85 in the day.

Sector wise, barring Auto sector which ended down by 0.76% all other indices closed positive with Metal index leading the list closed up by 2.69% and Capital Goods surged up by 2.17%, Consumer Durables, PSU, Bankex, IT, Realty and Power advanced up between 2%-1%, Healthcare gained up by 0.86%, Oil & Gas up by 0.45% and FMCG up by 0.41%. In broader markets, Mid-cap and Small-cap surged up by 1.46% and 1.32% respectively.

Major stock gainers were, Gail (India) spurted up by 5.02%, Hindalco Industries surged up by 3.98%, ONGC gained up by 2.92%, Sterlite Industries up by 2.91%, HDFC Bank Limited up by 2.70%, Coal India Limited gained up by 2.62%, ICICI Bank Limited advanced by 2.37%, Larsen & Toubro gained up by 2.09%, Tata Steel Limited up by 1.99%, Tata Power Company up by 1.74%, Infosys gained up by 1.25%, State Bank of India up by 1.04%, ITC up by 0.98%, Tata Consultancy Services gained by 0.93%, Dr Reddys Laboratories up by 0.61%, HDFC, BHEL and Wipro Limited inched up between 0.38%-0.31% while Cipla Limited tad up by 0.01%.

Major stock losers were, Tata Motors slumped by 2.16%, Hero MotoCorp dropped by 1.95%, Bharti Airtel declined by 1.77%, Jindal Steel & Power Limited declined by 1.35%, Hindustan Unilever slipped by 1.34%, Reliance Industries Limited down by 1.24%, Maruti Suzuki fell by 1.04%, Sun Pharmaceuticals down by 0.46%, NTPC declined by 0.35%, Mahindra & Mahindra fell by 0.24% and Bajaj Auto tad down by 0.02%.

NTPC slipped by 0.30%, after the company announced that power projects in Sri Lanka, Bangladesh are on track, remaining undeterred by current political developments in these places.

Aurobindo Pharma Ltd spurted up by 11.67%, after the company stated that the US Food and Drug Administration’s (USFDA) has lifted the import alert for non-sterile products manufactured in its UNIT-VI cephalosporin facility based in Hyderabad.

Novartis India Ltd gained up by 3.75%, after the company stated that to meet the SEBI guidelines on the minimum public shareholding in the listed companies it's Swiss-promoter Novartis AG intends to reduce its stake in the Indian entity.

Overall market breadth was firm positive with 1,625 shares advanced compared to 1,149 shares declined while 124 shares remained unchanged.

March 26, 2013

Market Pulse - 26 Mar, 2013


Tue, Mar 26, 2013 at 16:30 PM
Markets closed marginally positive, snapping its 7 days losing streak.
Markets after opening weak in the morning tracking weak global cues managed to closed marginally higher also ending its 7-day losing streak, amid buying interest in Healthcare and Consumer Goods sectors. Sensex closed up by 23.11 points or 0.12% at 18,704.53 after opening down by 36.33 points or 0.19% at 18,645.09 and touched a high of 19,028.09 and a low of 18,836.77 while Nifty ended marginally up by 7.75 points or 0.14% at 5,641.60 after opening down by 20.10 points or 0.36% at 5,613.75 and touched a high of 5.655.30 and a low of 5,612.05 for the day.

Sector wise, Consumer Durables and FMCG indices gained by 1.58% and 1.13%, IT, Auto and Bankex gaining up between 0.30-0.50% while Healthcare index was marginally up by 0.09%. Whereas, Oil & Gas index dropped by 2.06%, Realty declined by 1.95%, Capital Goods down by 1.85%, Power fell by 1.05% while Metal and PSU were down by 0.41% and 0.33%. In broader markets, Mid-cap index declined by 0.11% while Small-cap index edged up 0.04%.

Major stock gainers were, Bharti Airtel Limited surged up by 2.98%, HDFC and Hindustan Unilever 2.17% and 2.15%, Tata Motors Limited, ITC, Coal India Limited and Wipro Limited gaining up between 2%-1%, ICICI Bank Limited, Tata Consultancy Services, Jindal Steel & Power Limited and HDFC Bank Limited gaining up between 0.50%-1%, Sun Pharmaceuticals up by 0.11%, Maruti Suzuki Limited edged up by 0.11%, NTPC and Infosys were tad up by 0.07% and 0.03%.

Major stock losers were, Reliance Industries Limited and Gail (India) slumped by 3.25% and 3.20%, Tata Steel Limited, Hero Motocorp and Larsen & Toubro dropped between 3%-2%, BHEL declined by 1.76%, Tata Power Company, Dr. Reddys Laboratories, ONGC and Sterlite Industries fell by 0.50%-1% each, Bajaj Auto down by 0.39%, State Bank of India down by 0.34%, Cipla Limited and Mahindra & Mahindra declining by 0.21% each.

Gail (India) dropped down over 3.25%, reports that Tamil Nadu government has blocked work on Kochi-Bengaluru gas pipeline.

Balmer Lawrie & Company gaining by 1.67%, ahead of its board meeting today to consider a maiden bonus issue proposal.

Larsen & Toubro declined by 2.24%, after the announcement that L&T General Insurance will be merged with Future Generali Insurance.

Overall market breadth was negative with 1,459 shares declined compared to 1,290 shares advanced while 136 shares remained unchanged.

Market Pulse - 26 Mar, 2013


Tue, Mar 26, 2013 at 15:30 PM
Markets closed marginally positive.
Market after opening weak in the morning closed marginally positive. Sensex ended up by 10 points or 0.05% at 18,691.42 (provisionally) while Nifty closed up by 3.15 points or 0.06% at 5,637.00 (provisionally).

Tue, Mar 26, 2013 at 11:30 AM
Markets turns marginally positive.
Markets gaining marginally led by buying interest in FMCG and financial shares, although its trading in a narrow range. Sensex gaining up by 40 points at 18,721 while Nifty up by 11 points at 5,645.

Sector wise, FMCG index surged by over 1%, Consumer Durable, Banks, Healthcare, IT and PSU also gaining up marginally, while Realty, Oil & gas and Capital Goods indices declining between 1%-2% each.

Major gainers were, Coal India Limited, Bharti Airtel Limited, Hindustan Unilever Limited, ITC Limited and HDFC gaining between 1%-2%. Major losers were, Gail (India) dropped down over 3%, Reliance Industries Limited, Tata Steel Limited, Larsen & Toubro and Tata Power fell between 1%-3% each.

Syndicate Bank down almost by 4%, Indian Overseas Bank and Oriental Bank of Commerce fell down by 3% each after global rating agency Moody’s downgraded its Standalone Bank Financial Strength Rating (BFSR) on concerns of falling asset quality, pressure on profitability and capital generation.

Gail (India) dropped down over 3%, reports that Tamil Nadu government has blocked work on Kochi-Bengaluru gas pipeline.

Balmer Lawrie & Company gaining by 3%, ahead of its board meeting today to consider a maiden bonus issue proposal.

Larsen & Toubro declined by 1.30%, after the announcement that L&T General Insurance will be merged with Future Generali Insurance.

Overall market breadth in remains almost flat.

Tue, Mar 26, 2013 at 09:30 AM
Markets opened weak, amid weak global cues.
Markets opened lower tr acking weak global cues. Sensex after opening by points or % at is currnt at 18,665 down by 15 points while Nifty after opening by points or % at is current down by 6 points at 5,627.

The stock exchanges will remain closed on Wednesday and Friday following Holi and Good Friday holidays.

Sectoral wise, Realty and Oil & Gas indices declining nearly by 1% each, followed by indices Consumer Durables, Auto, Banks, PSU and Healthcare declining marginally. In broader markets, Mid-cap index declining by 0.27% and Small-cap fell marginally by 0.04%.

Major gainers were, Coal India Limited and HDFC gaining up by 1% each, while losers were, GAIL (India), Mahindra & Mahindra, Reliance Industries Limited, Tata Steel Limited, Cipla Limited, Bajaj Auto, Bharti Airtel and Dr Reddy’s Laboratories declining between 0.5-1% each.

Tata Consultancy Services is trading almost flat, amid news that Norway Post has awarded contracts worth $43 million to operate and manage its applications.

Colgate Palmolive slumped by 2%, after its board approved the selling of a division to Colgate Global Business Services for Rs 59.89 crore.

Overall market breadth is negative.

March 25, 2013

Market Pulse - 25 Mar, 2013


Mon, Mar 25, 2013 at 15:30 PM
Markets closed weak after firm opening.
MArkets closed weak after opening firm. Sensex closed down by 55.24 points or 0.29% at 18,680.36 (provisionally) while Nifty ended down by 16.35 or 0.29% at 5,635.00 (provisionally).

Mon, Mar 25, 2013 at 14:30 PM
Markets turned weak, amid profit booking.
Markets after opening up in the morning have pared off its gain amid profit booking in select counter. Sensex is down by 52.17 points or 0.28% at 18,683.43, while Nifty is down by 10.10 points or 0.18% at 5,641.25.

Sectoral wise, PSU, Realty, Oil & Gas and Power indices gained while IT, Auto and FMCG indices declined. In broader markets, both the indices were trading positive with Mid-cap up by 0.20% and Small-cap gaining up by 0.40%.

Coail India inched up by 0.50% after P.Morgan upgraded Coal India to "Neutral" from "Underweight", stating that the decline in the share price this year is making the risk reward relatively more attractive.

Hindustan Unilever gained by 0.40% after Deutsche Bank upgraded Hindustan Unilever from "Neutral" to "Buy".

Nestle India declined by 1.30%, after the Indian unit of Nestle Group stated that it would implement a staggered increase in royalty payments to the parent company of 0.20% per year over the next five years.

Overall market breadth turned negative, with 1,353 shares declining compared to 1,250 shares advancing.

Mon, Mar 25, 2013 at 09:30 AM
Markets opened higher, tracking positive global cues.
Markets have opened higher tracking positive global cues. Sensex surged up by 129 points at 18,865, while Nifty gaining up by 39 points at 5,691.

Sector wise, barring IT index which was trading negative, all other indices gaining were Realty, Consumer Durable, PSU and Oil & Gas surging up by nearly 2%, Power, Banks, Metal and Capital Goods also gaining up by 1% each. In broader markets, both the indices Mid-cap and Small-cap were trading firm up by nearly 1% each.

Major stock movers were, Gail (India), ONGC, HDFC Tata Power Company, NTPC, Tata Steel Limited, State Bank of India, ICICI Bank Limited and Maruti Suzuki surging up between 1-3%, while Bharti Airtel, Infosys and Bajaj Auto declining by 1% each.

Oil marking companies (OMC) shares rallied up by 5% in the morning deals after the public sector oil retailers increased diesel retail prices by 45 paise a liter. Indian Oil Corporation, HPCL and BPCL were trading higher up by 3%, while ONGC and Oil India surged up by 4% and 5%.

Overall market breadth is firm positive with 908 shares advancing compared to 434 shares declining.

March 21, 2013

Market Pulse - 21 Mar, 2013


Thu, Mar 21, 2013 at 17:30 PM
Markets closed weak, amid profit booking.
Markets after opening up in the morning could not sustain its gain in the noon and closed lower, due to profit booking in Oil & Gas, Auto and FMCG sector amid weak European cues. Sensex closed down by 91.32 points or 0.48% at 18,792.87, after opening up by 42.02 points or 0.22% at 18,926.21 and striking a high of 19,028.09 and a low of 18,836.77, while Nifty closed down by 35.65 points or 0.63% at 5,658.75, after opening up by 11.50 points or 0.20% at 5,705.90 and touching a high of 5,757.75 and a low of 5,647.95 in the day.

Sectoral wise, barring Consumer Durables and IT indices which closed up by 0.78% and 0.27%, all other indices ended negative. Realty index slumped down by 2.91%, Power, Capital Goods and Auto indices dropped down by 2.38%, 2.30% and 2.23%, PSU and Oil & Gas declined by 1.19% and 1.18%, Metal down by 0.94%, Healthcare fell by 0.79%, FMCG down by 0.59% and Bankex down by 0.31%. In broader markets, both the indices Mid-cap and Small-cap dropped down by 1.07% and 1.23% respectively.

Major stock gainers were, Bharti Airtel spurted up by 5.99%, ICICI Bank Limited surged up by 3.35%, HDFC advanced up by 2.09%, Jindal Steel & Power Limited gaining up by 1.02%, Wipro Limited gained up by 0.99%, Mahindra & Mahindra advanced up by 0.67%, Infosys, Coal India gained and Tata Consultancy Services up by 0.25%-0.24% each, Gail (India) inched up by 0.19% while State Bank of India tad up by 0.11%.

Major stock losers were, Bajaj Auto Limited, Tata Motors Limited and Tata Power Company slumped by 4.61%, 4.22% and 4.06%, HDFC Bank Limited dropped down by 3.14%, Larsen & Toubro, Maruti Suzuki, Hindalco Industries and Tata Steel Limited dropped down between 3%-2% each, Hindustan Unilever, Hero Motocorp, Dr Reddys Laboratories, Cipla Limited, BHEL and Reliance Industries Limited fell between 2%-1% respectively, Sun Pharmaceuticals down by 0.98%, ONGC fell by 0.95%, NTPC fell by 0.90%, ITC down by 0.80% and Sterlite Industries down by 0.44%.

Ingersoll Rand (India) rallied by 6.80%, after the company inaugurated its greenfield manufacturing facility at the Mahindra World City, Chennai, yesterday.

HDIL (Housing Development and Infrastructure Limited) closed down by 2.16%, extending its last four-days fall, despite the company stating that it has not accepted the rating assigned by local rating agency for its non-convertible debentures (NCDs) and has submitted to review the same.

Overall market breadth was firm negative with 1,926 shares declined compared to 942 shares advanced, while 119 shares remained unchanged.

Market Pulse - 20 Mar, 2013


Wed, Mar 20, 2013 at 17:30 PM
Markets tanked on economic reforms concerns.
Markets closed lower, amid political uncertainty, on concerns that economic reforms might take a bow after DMK withdrew its support from the ruling UPA government. Sensex closed down by 123.91 points or 0.65% at 18,884.19, after opening almost flat up by 18.36 points or 0.10% at 19,026.46 and striking a high of 19,028.09 and a low of 18,836.77, while Nifty closed down by 51.55 points or 0.90% at 5,694.40, after opening marginally down by 5.40 points or 0.09% at 5,740.55 and touching a high of 5,745.30 and a low of 5,682.30 in the day.

Sectoral wise, FMCG index advanced up by 0.67%, IT inched up by 0.12%, Auto tad up by 0.07% while Consumer Durables almost flat up by 0.01%. Realty crashed down by 4.67%, Power, PSU, Bankex and Capital Goods dropped down between 2.70%-2% each, Metal and Oil & Gas declining by 1.33%-1.11% while Healthcare almost flat down by 0.05%. In broader markets, Mid-cap index dropped down by 1.90%, while Small-cap slumped by 2.32%.

Major stock gainers were,Hindustan Unilever surged up by 3.37%, Tata Motors and Cipla Limited advanced up by 1.51%-1.47% each, Tata Consultancy Services, Tata Power Company, ITC, Hero Motocorp, Infosys, Bajaj Auto and Dr. Reddys Laboratories gaining between 0.80%-0.20% respectively, while Sun Pharmaceuticals was marginally up by 0.05%.

Major stock losers were, Bharti Airtel slumped down by 4.18%, State Bank of India and NTPC dropped down by 3.87%-3.43%, ICICI Bank Limited, Hindalco Industries, ONGC, BHEL and Larsen & Toubro declining between 3%-2% respectively, Maruti Suzuki, Tata Steel Limited and Gail (India) fell between 2%-1% each, HDFC Bank Limited, Sterlite Industries, Jindal Steel & Power Limited, Mahindra & Mahindra, HDFC and Reliance Industries Limited declined between 1%-0.30% each, while Coal India Limiited marginally down by 0.10%.

HDIL tanked by 19.90%, after CARE (Credit Analysis and Research Ltd )credit agency downgraded the its debt, citing "delays in servicing" obligations.

Zee Entertainment Enterprises Ltd slumped by 5.16%, after Goldman Sachs downgraded it from "Buy" to "Neutral" stating that the stock appeared "fairly valued" given macro headwinds that could hurt advertisement spending.

Bharti Airtel Limited extending its previous loss and closed down by 4.18%, on reports of Sunil MIttal, Chairman and Managing Director of the company being summoned by the 2G Trial Court in the additional spectrum allocation case.

Overall market breadth was firm negative with 2,126 shares declined compared to 761 shares advanced, while 118 shares remained unchanged.

March 19, 2013

Market Pulse - 19 Mar, 2013


Tue, Mar 19, 2013 at 16:30 PM
Markets closed weak, amid political uncertainty.
Markets opened firm positive after tracking positive cues from Asian markets but closed weak amid political uncertainty after the DMK withdrew support to the ruling government UPA (United Progressive Alliance). Sensex closed down by 285.10 points or 1.48% at 19,008.10 after touching a high of 19,378.61 and a low of 18,939.47, whilw Nifty ended down by 89.30 points or 1.53% at 5,745.95 after touching a high of 5,863.60 and a low of 5,724.30 in the day.

Sectoral wise, all sectors ended the day negative with Realty index leading the list dropping down by 3.63%, followed by Capital Goods, Metal and PSU declining by 2.69%, 2.59% and 2.08%, Power, Bankex, Oil & Gas, Auto, Consumer Durables fell between 2-1% each, IT and FMCG dropped down by 0.69% and 0.41%, while Healthcare closed marginally down by 0.24%. In broader markets, Mid-cap index dropped down by 1.37% and Small-cap declined down by 1.57%.

Major stock gainers were, Gail (India) surging up by 1.96%, Bajaj Auto gained up by 1.17%, Sun Pharmaceutical gained up by 0.74%, ITC up by 0.44%, while Maruti Suzuki and Wipro Limited marginally up by 0.16% and 0.07%.

Major stock losers were, BHEL slumped down by 5.05%, Bharti Airtel and Sterlite Industries dropped down by 4.74% and 4.15%, Jindal Steel & Power Limited declined by 3.96%, Mahindra & Mahindra fell by 3.45%, HDFC dropped down by 3.01%, Tata Steel Limited, Larsen & Toubro, Hero Motocorp, ONGC, Hindalco Industries, Hindustan Unilever and State Bank of India declined down between 3%-2% each, Cipla Limited, ICICI Bank Limited, HDFC Bank Limited, Coal India Limited, Dr. Reddys Laboratories, Tata Consultancy Services, Tata Motors Limited and NTPC fell between 2%-1% respectively, Reliance Industries and Tata Power Company down by 0.79% and 0.56%, while Infosys declined marginally by 0.08%.

Reserve Bank of India (RBI) in its mid-quarter review of the monetary policy cut the repo rate by 25 basis points to 7.50%, but at the same time it also said that “the headroom for further monetary easing remains quite limited."

Sun TV Network slumped by 5.98% after DMK (Dravida Munnetra Kazhagam) withdrew its support to the UPA (United Progressive Alliance) government, over Sri Lanka issue. The company is owned and operated by Kalanidhi Maran, the nephew of DMK chief M Karunanidhi. Meanwhile, Citigroup downgraded the stock from "Buy" to "Neutral" citing its stronger performance compared with peers recently.

Bharti Airtel declined by 4.74%, on reports that the 2G Trial Court has summoned Sunil Mittal, chairman and managing director of the company in the additional spectrum allocation case.

Coal India dropped down by 1.50%, on reports that the UK-based TCI, a minority shareholder, called for CAG (Comptroller Auditor General) investigation in the company’s Fuel Supply Agreements (FSAs). According to TCI, the company has taken steps that have negative impact for investors, added report.

Overall market breadth was firm weak with 1,958 shares declined compared to 904 shares advanced, while 108 shares remained unchanged.

Market Pulse - 19 Mar, 2013


Tue, Mar 19, 2013 at 15:30 PM
Markets closed weak, amid political uncertainty.
Markets closed down amid political uncertainty after DMK withdraw support to UPA government. Sensex closed down by 277.40 points or 1.44% at 19,015.80 (provisionally), while Nifty ended down by 90.60 points or 1.55% at 5,744.65 (provisionally).

Tue, Mar 19, 2013 at 11:30 AM
Markets slips down over political uncertainty.
Markets dropped down by 1% amid political uncertainty after the DMK withdraw support to the ruling UPA (United Progressive Alliance). Sensex dropped down by 259.63 points or 1.35% at 19,033.57, while Nifty declining by 72.85 points or 1.25% at 5,762.40.

Sector wise, Oil & Gas sliding down by 0.80%, Capital Goods, Bankex, Metal, Power and IT too slipped down, while FMCG, Realty, Healthcare and Auto were marginally up. In broader markets, both the indices Mid-cap and Small-cap fell down by 1% each.

Major stock movers were, HDFC Bank Limited, HDFC, ICICI Bank Limited and State Bank of India declining by 2% each, Reliance Industries fell by 1.50% and ONGC dropped down by 3.90%, Larsen & Toubro, Tata Motors, Bharti Airtel, Hindustan Unilever and Tata Consultancy too were trading weak, while Sun Pharmaceuticals gaining up by 1% and Gail (India), Bajaj Auto, Infosys and ITC were some of the other gainers.

Overall market breadth turned weak with 1,624 shares declining compared to 680 shares advancing.

Tue, Mar 19, 2013 at 09:30 AM
Markets opened positive.
Markets opened marginally positive, amid tracking positive cues from Asian markets led by rate sensitive shares ahead of the RBI’s policy review later today. Sensex is currently up by 39.74 points or 0.21% at 19,332.94 after opening up by 84.28 points or 0.44% at 19,377.48, while Nifty is current up by 11.30 points or 5,846.55 after opening up by 18.35 points or 0.31% at 5,853.60.

Sector wise, Auto, Bankex and Realty gaining up almost by 1%, Consumer Durable, Oil & Gas, Healthcare, Power and FMCg were trading marginally positive, while Metal, Capital Goods, PSU and IT were trading weak. Broader markets too were trading positive.

Major stock movers were, Bajaj Auto, ICICI Bank Limited, Gail (India), Tata Motors Limited and Sun Pharmaceuticals gaining up between 1-2%, while Tata Consultancy Services, ONGC, Dr Reddys Laboratories, BHEL and Coal India Limited declining between 1-2% each.

Overall market breadth is positive with 809 shares advancing compared to 510 shares declining.

Market Pulse - 18 Mar, 2013


Fri, Mar 15, 2013 at 16:30 PM
Markets closed lower, amid weak global cues.
Markets closed lower, amid weak global cues, weighed down by selling pressure in rate sensitive shares as investors turned cautious ahead of the RBI policy on Tuesday. Sensex closed down by 134.36 points or 0.69% at 19,293.20, after opening down by 144.93 points or 0.75% at 19,282.63 and striking a high of 19,345.42 and a low of 19,232.23, while Nifty closed down by 37.35 points or 0.64% at 5,835.25, after opening down by 55.85 points or 0.95% at 5,816.75 and touched a high of 5,850.20 and a low of 5,814.35 in the day.

Sectoral wise, FMCG, Consumer Durables and Healthcare were only indices which managed to end positive up by 0.68%, 0.32% and 0.30%, while all other indices ended the day negative. Metal index dropped down by 2.34%, followed by PSU and Auto declining by 1.64% and 1.44%, Realty and Oil & Gas also fell by 1.21% and 1.20% each, Power, Bankex and IT down between 0.80-0.50%, while Capital Goods index was tad down by 0.04%. In broader markets, Mid-cap index declined marginally by 0.29% while Small-cap index declined by 0.67% respectively.

Major index gainers were, Cipla Limited gaining up by 1.70%, Hindustan Unilever advanced up by 1.20%, HDFC Bank gained up by 0.75%, ITC up by 0.66%, while Hero Motocorp and Larsen & Toubro marginally up by 0.18% and 0.13%.

Major index losers were, Coail India Limited dropped down by 5.41%, Tata Power Company and Gail (India) declined by 3.43% and 3.16%, Maruti Suzuki, Sterlite Industries and Bajaj Auto declined down between 3-2% each, Wipro Limited, Tata Motors Limited, ICICI Bank Limited, Tata Steel Limited, Reliance Industries Limited, Dr. Reddys Laboratories, Mahindra & Mahindra and HDFC down between 2-1% each, Bharti Airtel, BHEL, Infosys, Jindal Steel, ONGC and State Bank of India dropped between 1-0.50%, HIndalco Industries Limited down by 0.47%, Tata Consultancy Services fell by 0.39%, NTPC marginally down by 0.27%, while Sun Pharmaceuticals tad down by 0.03%.

Coal India Limited slumped by 5.41%, on reports that the government is offloading 10% equity through share sale of Rs 20,000 crore, to meet half of the disinvestment target for the fiscal year 2013-14.

Bharti Airtel dropped by 0.98%, after reports that DoT (Department of Telecommunication) has asked the company to stop 3G services with in 3 days in the circles it dose not have the required licences.

Overall market breadth was firm negative with 1,757 shares declined compared to 1,091 shares advanced, while 121 shares remained unchanged.

Market Pulse - 18 Mar, 2013


Mon, Mar 18, 2013 at 09:30 AM
Markets opened weak tracking weak global cues.
Markets opened on a very weak note, tracking weak cues from Asian markets and also all eyes are on RBI policy review announcement which is scheduled for Tuesday. Sensex is down 184.56 points or 0.95% at 19,243, after opening down by 144.93 points or 0.75% at 19,282.63, while Nifty is down by 49.60 points or 0.84% at 5,823, after opening down by 55.85 points or 0.95% at 5,816.75.

Sector wise, Realty index slumped by 2%, Bankex and PSU are trading weak down by 1.50% each, while FMCG is marginally trading positive up by 0.30%. In broader markets, both the indices Mid-cap and Small-cap declining by 0.70% and 0.40% each.

Major stock movers are, Hindustan Unilever gaining up by 0.80%, Cipla Limited and Sun Pharmaceuticals are too marginally positive, Coal India Limited slumped by 4.70%, Bharti AIrtel declining by 2.30%, Sterlite Industries Limited, Tata Power Company and Tata Steel Limited too were trading weak.

Coal India Limited declining by 4.70%, on reports that the government is offloading 10% equity through share sale of Rs 20,000 crore, to meet half of the disinvestment target for the fiscal year 2013-14.

Bharti Airtel dropped by 2.30%, after reports that DoT (Department of Telecommunication) has asked the company to stop 3G services with in 3 days in the circles it dose not have the required licences.

Kingfisher Airlines has dipped 0.5% at Rs 9.45., after reports of the Karnataka High Court urging the UB Group comprising of UB Holding and Kingfisher Airlines to come up with a concrete plan to pay dues worth around Rs 330 crore towards a clutch of aircraft lessors.

Overall market breadth is negative with 864 shares declining compared to 435 shares advancing.

March 17, 2013

Weekly Pulse - 16 Mar, 2013


Weekly Update - Mar 16, 2013

Markets declined ahead of RBI policy.

Markets closed down on weekly basis as hopes for rate cuts by RBI in forthcoming policy faded amid high retail and WPI nos, markets sentiment dampened further as money laundering charges involving some of the big private sector banks add to the weak close of the markets.

Weekly basis, Sensex dropped down by 255.67 points or 1.30%, at 19,427.56 after touching a high of 19,754.66 and a low of 19,179.33, while Nifty closed down by 73.10 points or 1.23% after touching a high of 5,971.20 and a low of 5,791.75 for the week ended.

WEEKLY UPDATE
TOP GAINERS
Company LTP (Rs.) Prev. Close (Rs.) Change (%) 52 Week High/Low
HIND.UNILEV 458.05 438.25 4.52 580/383
TATAPOWERCOM 101.90 98.80 3.14 113/83
MAH&MAH 927.70 902.40 2.80 975/622
SBI 2261.65 2204.10 2.61 2550/1805
SUNPHRMINDS 832.80 818.25 1.78 843/536
ITC LTD 302.10 297.80 1.44 311/208
L&T 1506.50 1496.10 0.70 1720/1106
HDFC 816.65 813.25 0.42 882/611
DRREDDYSLAB 1823.45 1818.75 0.26 1969/1528
TOP LOSERS
Company LTP (Rs.) Prev. Close (Rs.) Change (%) 52 Week High/Low
BAJAJ AUTO 1852.50 2012.60 -7.95 2229/1423
ICICI BANK 1067.15 1138.65 -6.28 1231/767
HINDALCO 95.75 101.20 -5.39 145/94
GAIL 324.10 341.60 -5.12 396/303
BHEL 198.05 207.30 -4.46 295/195
TATA MOTORS 291.10 303.75 -4.16 337/203
BHARTI AIRTE 311.05 323.10 -3.73 370/239
HEROMOTOCORP 1683.20 1742.90 -3.43 2279/1616
INFOSYS 2883.70 2970.20 -2.91 3010/2102
JINDALSTLPOW 356.65 367.25 -2.89 603/321
HDFC BANK 638.75 657.00 -2.78 705/482
NTPC 145.90 149.05 -2.11 182/139
ONGC 319.30 325.70 -1.96 354/240
STERLITEINDS 99.05 100.95 -1.88 123/89
CIPLA 384.25 391.30 -1.80 435/287
MARUTI SUZUK 1405.00 1427.70 -1.59 1638/1052
TATA STEEL 354.35 358.50 -1.16 482/334
WIPRO 440.95 445.05 -0.92 456/326
RIL 843.80 851.00 -0.85 955/671
TCS 1570.90 1584.15 -0.84 1598/1047
COAL INDIA 320.00 320.25 -0.08 386/301

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