September 30, 2013

Market Pulse - 30 Sep, 2013

Market Pulse - 30 Sep, 2013Markets closed lower on worries over a probable US government shut down weighed on investor sentiment. The S&P BSE Sensex ended lower by 347.50 points or 1.76% at 19,379.77. The CNX Nifty also closed lower by 97.90 points or 1.68% at 5,735.30.

Among the sectoral indices, Capital Goods, Bankex, Metal, PSU and Realty indices dropped between 3-2%, followed by Oil & Gas, Power, Auto and FMCG indices declining between 2-1%. Other notable sectoral loser were Consumer Durables and Healthcare. In the broader markets, both the indices Mid-cap and Small-cap declined by 0.28% and 0.56% respectively.

Among the index gainers, Hindustan Unilever gained by 1.06%. Sun Pharmaceuticals, Infosys, NTPC and Gail (India) were other notable gainers on the list.

Among the index lowers, Tata Steel slipped by 5.65%, followed by BHEL and ICICI Bank dropping by 4.58% and 4.15%. Coal India L&T, HDFC Bank, ITC, HDFC, ONGC, Tata Motors, Reliance Industries and Bharti Airtel declining between 4-2%, Mahindra & Mahindra, Hero MotoCorp, Hindalco Industres, SBI, Sesa Goa, Dr Reddys Lab and TCS also fell between 2-1% respectively. Maruti Suzuki, Tata Power, Jindal Steel, Cipla, Wipro and Bajaj Auto were other notable losers on the list.

The partially convertible Rupee closed at 62.60/61 as compared to its previous close of 62.51/52 per dollar.

The overall market breadth was firm negative with 1,407 shares declining as compared to 877 shares advancing.

September 27, 2013

Market Pulse - 27 Sep, 2013

Market Pulse - 27 Sep, 2013Markets closed weak erasing its initial gains, amid selling by investor in Capital Goods, Consumer Durables and Bankex sectors ahead of the current account deficit announcement for the June-quarter. The S&P BSE Sensex dropped by 166.58 points or 0.84% at 19,727.27. It had moved in the range of 19,981.57 and 19,674.38 in the intra-day. The CNX Nifty also closed weak by 49.05 points or 0.83% at 5,833.20, after touching a high of 5,909.20 and a low of 5,819.30 in the intra-day roday.

Among the sectoral indices, Bankex index dropped by 1.83%, followed by Metal index down by 1.61%, Realty and Capital Goods index fell by 1.48% and 1.42%.
Power, Auto and Healthcare were other indices on the declining side while FMCG index advanced by 0.42% followed by IT and Oil & Gas index gaining marginally by 0.07-0.15%. From the broader markets, Mid-cap index closed marginally down by 0.10% whereas, Small-cap index closed positively up by 0.30%.

Among the index gainers were, Hero MotoCorp, Sun Pharmaceuticals and Coal India gained up between 1.5-1%. TCS, Jindal Steel and Reliance Industries were other notable gainers.

Among the index losers BHEL dropped by 4.29% followed by Tata Steel down by 3.89%. Bharti Airtel, Hindalco Industries, ICICI Bank, Sesa Goa, SBI and Dr Reddys Lab, HDFC Bank, L&T, Maruti Suzuki, Hindustan Unilever, Tata Motors, HDFC, Mahindra & Mahindra and NTPC fell between 3-1%. Other notable losers were, Tata Power, ONGC, Mahindra & Mahindra, Cipla, Wipro, Gail (India), Infosys, ITC and Bajaj Auto.

The overall market breadth was negative with 1,227 shares declining as compared to 1,147 shares advancing.

September 26, 2013

Market Pulse - 26 Sep, 2013

Market Pulse - 26 Sep, 2013Markets closed marginally higher amid volatile trading session following the expiry of derivative contracts. Th S&P BSE Sensex rose up by 37.61 points or 0.19% to 19,893.85. It had moved between 19.997.28 and 19,826.99 in the intra-day. The CNX Nifty advanced up by 8.40 points or 0.14% to 5,882.25, after it had moved between 5,917.65 and 5,864.10 in the intra-day today.

Among the sectoral indices Healthcare, Power, FMCG, Capital Goods and Metal rose between 0.60-1% while Consumer Durables, Oal & Gas and Realty indices fell nearly by 1% each. From the broader markets, Mid-cap and Small-cap indices rose between 0.2-1% respectively.

Among the index gainers, BHEL zoomed up by 7.39% topping the gainers list followed by Sun Pharmaceutical up by 2.23%. HDFC and ITC also rose up by 1.65% and 1.22% . Other notable gainers include Tata Steel, Tata Power, ICICI Bank and Coal India.

Among the index losers were, Jindal Steel, Hero MotoCorp, TCS and Sesa Goa declining between 3-1% respectively.

The partially convertible Rupee closed at 62.07/08 as compared to its yesterday’s close of 62.44/45 per dollar.

The overall market breadth was marginally positive with 1,180 shares advancing as compared to 1,135 shares declining.

September 25, 2013

Market Pulse - 25 Sep, 2013

Market Pulse - 25 Sep, 2013Markets closed lower in the volatile trading session as investors opted to book profit in Bankex, Oil & Gas and FMCG sectors ahead of monthly derivatives contract expiring on this Thursday. The S&P BSE Sensex ended lower by 63.97 points or 0.32% to 19,856.24. It had moved between 19,978.49 and 19,658.74 in the intra-day. The CNX Nifty close down by 18.60 points or 0.32% at 5,873.85 after moving between 5,910.55 and 5,811.10 in the intra-day today.

Among the sectoral indices, Bankex, Oil & Gas and FMCG indices closed lower while Healthcare, Metal and Capital Goods indices closed higher. The broader markets closed mixed with Mid-caps index gaining by 0.10% while Small-caps index falling by 0.10% respectively.

Among the index gainers were, BHEL spurted up by 7.69%, Sun Pharmaceuticals surged up by 2.17%. Bharti Airtel, Cipla, Hero MotoCorp and Tata Motors gained between 2-1%. other notable gainers include Dr Reddys Lab, Hindalco Industries, L&T, ONGC, Sesa Goa and TCS.

Among the index losers were, Reliance Industries dropped by 2.93%, HDFC Bank slipped by 2.78%, ITC, Hindustan Unilever and HDFC fell between 2-1%.

The partially convertible Rupee closed at 62.44/45 as compared to its yesterdays close of 62.75/76 per dollar. It had moved in the range of 62.31 to 62.88 in the trading session.

The overall market breadth ended negative with 1,254 shares declined while 1,055 shares advanced.

September 24, 2013

Market Pulse - 24 Sep, 2013

Market Pulse - 24 Sep, 2013Markets closed on a positive note almost flat amid volatile trading session. The S&P BSE Sensex ended up marginally by 19.25 points or 0.10% at 19,920.21. It had moved between 20,050.42 and 19,782.78 in the intra-day. The CNX Nifty edged up by 2.70 points or 0.05% to 5,892.45. It had moved between 5,938.40 and 5,854.55 in the intra-day today.

Among the sectoral indices, Metal index slipped by 1%, PSU and IT also declined between 1-0.50%. Oil & Gas, Realty and Bankex were other notable losers on the list. Auto and Capital Goods indices closed up by 1.05% each followed by Power, Consumer Durables and Healthcare gaining between 1-0.20% while FMCG index closed almost flat positive by 0.01%. In the broader markets, Mid-cap and Small-cap index too closed amlost flat. Mid-cap index closed positive up by 0.08% while Small-cap index closed negative by 0.02%.

Among the index gainers were, Bajaj Auto and Tata Power surging up by 2.73% and 2.15%, L&T, NTPC, HDFC, Mahindra & Mahindra, Cipla and BHEL advancing between 2-1%. Other notable gainers include, Tata Motors, Dr Reddys Lab, Maruti Suzuki, Gail (India), Hero MotoCorp and ICICI Bank.

Among the index losers were, Hindalco Inds and Coal India slipping by 3.65% and 2.56%. Jindal Steel, Bharti Airtel, Wipro and Sesa Goa fell between 2-1%. other notable losers on the list include TCS, ONGC, HDFC Bank, Sun Pharmaceuticals, Tata Steel, SBI, Hindustan Unilever, Infosys, Reliance Industries and ITC.

The partially convertible Rupee closed at 62.77/78 as compared to its previous close of 62.60 per dollar.

The overall market breadth was negative with 1,203 shares declining as compared to 1,112 shares advancing.

September 20, 2013

Market Pulse - 20 Sep, 2013

Market Pulse - 20 Sep, 2013Markets slipped from its day high in the late morning session as RBI's (Reserve Bank of India) in its policy review unexpectedly hiked the repo rate to check inflation. The S&P BSE Sensex closed lower by 382.93 points or 1.85% at 20,263.71, after touching a high of 20,677.99 and a low of 20,051.43. The CNX Nifty also closed lower by 103.45 points or 1.69% at 6,012.10. It touched a high of 6,130.95 and a low of 5,932.85 in the intra-day today.

Among the sectoral indices Realty index crashed by 6.53% followed by Bankex and Capital Goods declining by 4.18% and 3.04%, Auto, PSU, Metal, Oil & Gas, FMCG and IT were other notable losers while Consumer Durables, Power and Healthcare indices ended marginally higher. In the broader markets, Mid-cap index fell by 0.83% while Small-cap index slipped by 1.01% respectively.

Among index gainers include Gail (India) surging up by 3.51%, Sun Pharmaceutical, Coal India and BHEL gaining by 1.54-1.12% and Wipro advancing by 0.83%. Mahindra & Mahindra, NTPC and Jindal Steel were other notable gainers.

Among index losers were, ICICI Bank and L&T both slipping by 4.78% and 4.63%, followed by Sesa Goa, Hidustan Unilever, HDFC Bank, Hindalco Industries, SBI, Tata Steel, HDFC, ONGC, Tata Motors, Hero Motocorp, Bharti Airtel, Bajaj Auto and Cipla declining between 4-2%. Marut Suzuki, Tata Power, Reliance Industries, Infosys, TCS and Dr Reddys Lab were among the other shares on the losing side.

The Rupee fell to a low of 62.61 in intra-day. The partially convertible Rupee closed at 62.23/24 per dollar as compared to yesterday's close of 61.77/78 per dollar.

The overall market breadth was firm negative with 1,432 shares declining as compared to 897 shares advancing.

September 19, 2013

Market Pulse - 19 Sep, 2013

Market Pulse - 19 Sep, 2013Markets rallied after the US Federal Reserve decided to continue with its stimulus program, as investor rushed to acquire rate sensitive like Auto, Realty and Financial sector shares. The S&P BSE Sensex spurted up by 684.48 points or 3.43% at 20,646.64. It had touched a high of 20,739.69 and a low of 20,347.30 in the intra-day. The CNX Nifty surged up by 216.10 points or 3.66% to 6,115.55. It had touched a high of 6,144.15 and a low of 6040.15 in the intra-day today.

Among the sectoral indices barring IT index which closed marginally lower down by 0.20% all other sectoral indices closed positive. Bankex index leading the list spurted up by 6.78% followed by Realty and Capital Goods surged up by 5.34% and 4.75%. Metal, PSU, FMCG, Oil & Gas, Auto and Power indices also closed between 4-2%. Other notable gainers also included Consumer Durables and Healthcare. In the broader market Mid-cap index closed up by 2.21% while Small-cap index gained advanced up by 1.16%.

Among the index gainers, SBI leaded the list by jumping up by 8.07% followed by Tata Steel, ICICI Bank, Tata Power, L&T and Maruti Suzuki all surging between 7-6% each. ONGC, Hindusta Unilever, HDFC Bank, Bharti Airtel, Jindal Steel, Sesa Goa, HDFC, Gail (India), Tata Motors, ITC, Hindalco Inds, Mahindra & Mahindra also gained between 6-3%. Other notable gainers also include BHEL, Relaince Industries, Bajaj Auto, Sun Pharmaceuticals, Hero MotoCorp, NTPC, Drt Reddys Laboratories, Cipla, TCS and Infosys.
Among the index losers were only Wipro and Coal India both declining by 1.87% and 0.03%.

The Rupee cloaked near to its 5-month high, after the US Federal Reserve refrained from its stimulus program. The partially convertible Rupee closed up by 2.55% or 162 paise at 61.77/78 per dollar as compared to its previous close of 63.38/39 on Wednesday. The Rupee rose as high as 61.64 in the today's session, its highest since August 16 2013.

The overall market breadth ended firm positive with 1,427 shares advancing as compared to 1,003 shares declining.

September 18, 2013

Market Pulse - 18 Sep, 2013

Market Pulse 18 Sep 2013Markets closed firm on a positive note after on a volatile trading session fueled by late buying in Bankex and Realty sectors. The S&P BSE Sensex surging up by 158.13 points or 0.80% to 19,962.16. The CNX Nifty gaining up by 49.25 points or 0.84% to 5,899.45.

In the sectoral all the indices closed positively with Realty leading the list surging by 2.03% followed by Bankex and FMCG gaining by 1.56% and 1.37%. Healthcare, PSU, Consumer Durables, Capital Goods, Oil & Gas also closed in gains while Metal and Auto indices almost ended flat up by 0.01% each. In the broader markets Mid-cap index gained marginally by 0.10% and Small-cap index advanced up by 0.40%.

Among the index gainers NTPC leading the list surging up by 3.28 followed by Tata Power, SBI, Dr Reddys Lab and Hindustan Unilever rising between 3-2%. L&T, Maruti Suzuki, Reliance Industries, ITC, HDFC Bank, Coal India, Cipla, ICICI Bank and Wipro gained between 2-1%. ONGC, Sun Pharma, Hindalco Inds, Jindal Steel, Tata Steel, Tata Motors, TCS, Gail (India), Bajaj Auto and Bharti Airtel were other gainers on the list.

Among the index losers BHEL slipped by 4.76%, Heor MotoCorp fell by 2.84% and Sesa Goa declined by 1.58%. Other notable losers were, HDFC, Mahindra & Mahindra and Infosys.

The Indian rupee closed largely steady on Wednesday as caution prevailed ahead of the U.S. Federal Reserve's policy meeting outcome later in the day, but gains in the domestic sharemarket and other Asian currencies helped through the most part.

The Rupee after its initial slip continued to trade strong in late trades closing steady, amid dollar flows from foreign banks, as caution prevailed ahead of the U.S. Federal Reserve's policy meeting outcome later in the day The partially convertible rupee closed at 63.38/39 per dollar compared with yesterday's close of 63.37/38 per dollar.

The overall market breadth was positive with 1,215 shares advancing as compared to 1,124 shares declining.

September 17, 2013

Market Pulse - 17 Sep, 2013

Market Pulse - 17 Sep, 2013Markets gained momentum after initial weakness to close marginally higher as investor remained side-line ahead of the FOMC (Federal Open Market Committee) meet starting today and RBI's (Reserve Bank of India) monetary policy later this week. The S&P BSE Sensex closed up by 61.57 points or 0.31% at 19,804.03 after touching a low of 19,635.44 and a high of 19,818.31 in the intra-day today. The CNX Nifty closed up marginally by 9.65 points or 0.17% at 5,850.20, after touching a low of 5,806.05 and a high of 5,856.50 in the intra-day today.

Among the sectoral indices, It index surged up by 2.15% followed by Metal, Auto and FMCG indices which closed between 0.60-1% while Realty, Power, Bankex and Consumer Durables indices slipped between 1-0.70%. Capital Goods, PSU, Oil & Gas and Healthcare were the other indices that declined. In the broader market, Mid-cap index slipped by 0.41% and Small-cap index almost ended flat down by 0.08%.

Among the index gainers were, Wipro spurted up by 5.41%, Dr Reddys Lab and TCS surged up by 3.69% and 2.38%. Jindal Steel, Sesa Goa, Coal India, Gail (India), Tata Motors, Maruti Suzuki, ITC, Hindustan Unilever and Infosys gained between 2-1%. Mahindra & Mahindra, Bajaj Auto, Hindalco Industries, Bharti Airtel, BHEL and Cipla were among other gainers.

Among the index losers were Sun Pahrma leading the list by slipping 3.22% followed by ONGC felling by 2.30%, NTPC, Hero MotoCorp, Tata Steel and HDFC declining between 2-1%. Tata Power, SBI, L&T, ICICI Bank, Reliance Industries and HDFC Bank were other losers on the list.

The Rupee continued to trade weak in the late trades due to constant dollar demand by the importers. The partially convertible Rupee closed at Rs 63.38 down by 0.51 paise or 0.81% as compared to yesterday's close of Rs 62.86/87 per dollar.

The overall market breadth was negative with 1,233 shares declining as compared to 1,119 shares advancing.

September 16, 2013

Market Pulse - 16 Sep, 2013

Market Pulse 16 Sep 2013Markets after rising over to 1% closed on a flat note amid August wholesale inflation dashing hopes of RBI cutting rates later this week, as investors choose to remain side-line ahead of key global and local economic events this week. The S&P BSE Sensex ended up by mere 9.71 points or 0.05% at 19,742.47. It had touched a high of 20,086.43 in the day. The CNX Nifty closed down by 10.05 points or 0.17% to 5,840.55. It had touched a high of 5,957.25 and a low of 5,798.15 in the intra-day today.

Among the sectoral indices, FMCG, Auto, Bankex indices gained while IT, Realty, Oil & Gas, Healthcare and Metal indices declined. In the broader market both the indices Mid-cap and Small-cap closed down by 0.54% and 0.58% respectively.

Among the index gainers were ICICI Bank and HDFC Bank gaining by 3.11% and 2%, Maruti Suzuki and Hero Motocorp gained up by 2.50% each, Bharti Airtel and ONGC advanced up by 1.95% and 1.47% while HDFC and ITC up by 0.75% and 0.97% respectively.

Among the index losers were Sesa Goa dropping by 4%, Coal India fell by 2.60%, BHEL and Cipla declined by 2.30% and 2%, TCS fell by 2.48%, Infosys down by 1.19% and Reliance Industries slipped by 1.33%.

The Rupee rallied to a near one-month, as hopes for a prolonged easing monetary policy in the US boosted emerging markets. The partially convertible Rupee closed at 62.83/84 per dollar as against to the Friday's close of 63.48 on the Interbank Foreign Exchange.

The WPI (Wholesale Price Index) based inflation surged to a six-month high of 6.10% in the month of August, as against to 5.79 in the month of July, according to the data released by Ministry of Commerce and Industry today.

The overall market breadth ended negative with 1,244 shares declined as compared to 1,118 shares advanced.

September 13, 2013

Market Pulse - 13 Sep, 2013

Market Pulse 13 Sep 2013Markets closed on a negative note after a choppy session amid investors cautious move ahead of upcoming economic events next weeks. The S&P BSE Sensex closed down by 0.36% or 71.87 points at 19,710.01, it touched a high of 19,899.37 and a low of 19,675.68 in the intra-day trade. The CNX Nifty ended down by 0.07% or 4.20 points at 5,846.50, it touched a high of 5,884.30 and a low of 5,822.90 in the intra-day trade.

Among the sectoral indices IT, FMCG and Consumer Durables indices declined between 1-1.50% whereas PSU, Auto, Capital Goods, Oil & Gas, Bankex managed to close marginal higher at least 0.10% each. In the broader markets both the indices Mid-cap and Small-cap gained nearly 0.06% each.

Among the index gainers were, BHEL surged up by 5.60% followed by L&T, Coal India, Mahindra & Mahindra, Hero MotoCorop and Tata Power all gaining between 2-3%. Other notable gainers were Gail (India), ONGC, Bajaj Auto, NTPC, Jindal Steel, Sun Pharma and Hindalco Industries.

Among the index losers were, ITC and Hindustan Unilever ended in the negative, down by 1.30% and 0.80% respectively. Bharti Airtel, Tata Steel, HDFC, ICICI Bank and HDFC Bank were the prominent losers sheding 1-1.50%.

The oervall market breadth ended positive with 1,355 shares advancing as compared to 1,036 shares declining.

September 12, 2013

Market Pulse - 12 Sep, 2013

Market PulseMarkets ended the day on a lower note as investors opted to book profits after recent rally with Metal, Bankex and Auto sector leading the fall amid weakness in the Rupee against the dollar. The S&P BSE Sensex closed down by 215.57 points or 1.08% at 19,781.88, after it touched a high of 20,052.05 and a low of 19,676.49 in the intra-day. The CNX Nifty ended down by 62.45 points or 1.06% at 5,850.70, after it touched a high of 5,932 and a low of 5,815.80 in the intra-day.

Among the sectoral indices, Metal index fell by 2.53% followed by Bankex, Consumer Durables, Auto, Gas & Oil, PSU, Capital Goods and IT indices decling between 2-1%. Healthcare and Power were other indices that declined while Realty and FMCG were the only indices closing positive up by 0.54% and 0.32%. In the broader market Mid-cap ended flat 0.04% and Small-cap gained up by 0.25%.

Among the index gainers were, Tata Power surging up by 2.75%, ITC and Gail India advanced up by 1.91% and 1.60%. Gail (India), NTPC, Cipla and HDFC were other gainers on the list.

Among the index losers were, Tata Steel fell by 4.13%, BHEL, Hero MotoCorp, ONGC, Maruti Suzuki, Sesa Goa, Coal India, Hindalco Inds, Hindustan Unilever and Tata Motors slipping between 3-2%, Bharti Airtel, ICICI Bank, SBI, Infosys, HDFC Bank, M&M, Reliance, TCS, Sun Pharma, Jindal Steel, Bajaj Auto, Wipro, L&T and Dr Reddys Lab were other notable decliners on the list.

The overall market breadth was minimal negative with 1,199 shares declining as compared to 1,161 shares advancing.

September 11, 2013

Market Pulse - 11 Sep, 2013

Market Pulse 11 Sep 2013Market after consecutive of four day rally today closed almost flat in a volatile trading session led by Realty, Metal and Bankex sectors. The S&P BSE Sensex closed flat up by 0.36 points at 19,997.45, after it touched a low of 19,777.63 and a high of 20,055.53 in the intra-day today. The CNX Nifty closed up by 16.40 points or 0.28% to 5,913.15, after it touched a low of 5,832.70 and a high of 5,924.35 in the intra-day today.

Among sectoral indices, Metal and Realty indices gained up by 3.33% and 2.74%, Bankes, PSU, Capital Goods and Healthcare up between 2-1%. Other indices gaining were Power and Auto while FMCG index fell by 1.11% followed by Consumer Durables, IT and Oil & Gas indices. The broader market closed on a firm note with Mid-cap index gaining by 1.34% and the Small-cap index advanced by 1.11%.

Among index gainers were, Tata Steel spurted up by 5.07%, followed by Hindalco Industries and State Bank of India gaining up by 3.81% and 3.52%. Tata Power, Sun Pharmaceuticals, Maruti Suzuki, Coal India, Mahindra & Mahindra, Jindal Steel, HDFC Bank, L&T and Sesa Goa advanced between 3-1%. Hero Motocorp, Bajaj Auto, Gail (India), HDFC, TCS and Wipro were other notable gainers on the list.

Among index losers were, Tata Motors fell by 2.49%, Hindustan Unilever, ITC, BHEL, Cipla, ONGC and Bharti Airtel declined between 2-1%. Infosys, Dr Reddys Lab, NTPC, Reliance Industries and ICICI Bank were other notable losers.

The overall market breadth was positive with 1,419 shares advanced while 940 shares declined.

September 10, 2013

Market Pulse - 10 Sep, 2013

Market Pulse 10 Sep 2013Markets closed firm higher with both the benchmark indices gaining nearly 4% each led by FII fund flow in the equity market amid receding fears of a US led military strike on Syria. The S&P BSE Sensex spurted up by 727.04 points or 3.77% to close at 19,997.10. It touched a high of 20,012.69 and a low of 19,444.66 in the intra-day. The CNX Nifty ended up by 216.35 points or 3.81% at 5,896.75. It touched a high of 5,904.85 and a low of 5,738.20 in the intra-day.

In the sectoral all the indices closed positive with Auto index spurting the most up by 5.98% followed by Capital Goods and FMCG gaining up by 5.50% and 5.30%. Consumer Durables, Power, Realty, Metal, IT, Bankex and Oil & Gas indices also advanced 3-2% each. From the broader markets, Mid-cap index surged up by 1.40% and Small-cap index gained up by 1.10%.

Among index gainers were, Tata Motors spurted up by 9.88%, followed by Bharti Airtel, Hero MotoCorp, L&T, Sesa Goa, HDFC, ITC and Hindustan Unilever gaining up between 6-8%. Mahindra & Mahindra, Infosys, Coal India, Sun Pharmacuticals, Maruti Suzuki, Bajaj Auto, HDFC Bank and NTPC jumped between 3-5%. Other notable gainers include Tata Steel, Reliance Industries, Tata Power, Jindal Steel, Hindalco Industries, Wipro, ICICI Bank, ONGC, BHEL, Caipla and Gail (India) gaining between 3-1%.

Among the index losers were, Dr Reddy's Labs, SBI and TCS losing between 1-0.10%.

The partially convertible Rupee closed at 63.84 per dollar as against yesterdays close of 65.24. The Rupee rallied to its two-week high after trade deficit narrowed and receding concerns about Syria helped the currency continue its recent recovery from record lows hit last month.

Tata Motors spurted up by 9.88%, after the reported that the UK arm Jaguar Land Rover (JLR) recorded USA retail sales of 6,661 units in August. It also said that it has entered the Indonesian market with the launch of three passenger vehicles.

The overall market breadth was firm positive with 1,502 shares advanced while 829 shares declined.

September 6, 2013

Market Pulse - 06 Sep, 2013

Market Pulse 06 Sep 2013The markets closed higher, amid rally in Bankex sector, after RBI raising the overseas borrowing limits for lenders in proposition to support growth and boost the Rupee. The S&P BSE Sensex closed up by 290.30 points or 1.53% at 19,270.06, after touching a high of 19,249.35 and a low of 18,929.38 in the intra-day. The CNX Nifty also surged up by 87.45 points or 1.56%, after touching a high of 5,68.60 and a low of 5,566.15 in the intra-day today.

Among the sectoral indices Bankex, Capital Goods, Oil & Gas, PSU, Power, Healthcare, Metal and FMCG gained, whereas Consumer Durables, Realty, Auto and IT indices declined. The broader markets also closed firm with Mid-caps and Small-caps gaining by 0.57% and 0.63%.

Major index gainers were, ICICI Bank and ONGC spurted up by 7.37% and 7.17%, Bharti Airtel, Cipla, L&T and BHEL surged up between 6-3%. Other gainers include NTPC, Jindal Steel, Sun Pharma, HDFC, ITC, Gail (India), HDFC Bank, Tata Steel, Reliance Industries, Bajaj Auto, Infosys, Tata Motors, Hindalco Inds and Wipro.

Major index losers were, Tata Power and Coal India dropped by 2.61% and 2.12%, Sesa Goa and Hindustan Unilever fell by 1.90% and 1.62%. Hero MotoCorp, Mahindra & Mahindra, Maruti Suzuki, TCS, Dr Reddys Lab and SBI were some of the other losers on the list.

Jindal steel and Power Limited surged up by 2.93%, after the company announced that it will commence the share buyback offer from September 16, 2013.

The Rupee closed at 65.20 gaining by 80 paise or 1.21% per dollar as against yesterday's close of 66.01 on the Interbank Foreign Exchange. The Rupee gained ground, after RBI announcing slew of reforms late-Thursday along with dollar sale by the banks.

The overall market breadth was positive with 1,298 shares advancing as compared to 1,008 stocks declining.

September 5, 2013

Market Pulse - 05 Sep, 2013

Market Pulse 05 Sep 2013Markets extending its gain for the second consecutive day, after the new RBI (Reserve Bank of India) governor's maiden speech and measures triggered the hopes of shoring up an poor economy and currency. The S&P BSE Sensex closed up by 412.21 points or 2.22% to 18,979.76 after touching a high of 19,117.52 and a low of 18,847.02 intra-day today. The CNX Nifty also surged up by 144.85 points or 2.66% to 5,592.95 after touching a high of 5,625.75 and a low of 5,552.70 intra-day today.

Among sectoral indices, Bankex index spurted up by 8.24%, Realty index surged up by 5.41%, Capital Goods and FNCG index gained by 3.48% and 2.28%. PSU, Consumer Durables, Power and Oil & Gas were other notable sectorial index gainers. Howerver, IT index fell by 2.95 and Healthcare index slipped marginally by 0.22%. From the broader markets, both the Mid-cap and Small-cap indices closed in line with benchmark index up by 1.69% and 1.52% respectively.

Among major index gainers were, SBI and ICICI Bank spurted up by 9.74% ans 9.20%, followed by BHEL surging up by 8.20%, HDFC Bank and Coal India gaining up by 7.53% and 7.02%, HDFC, ONGC, L&T and ITC gaining between 6-4%. Hindustan Unilever, Tata Motors, Maruti Suzuki, Reliance Industries, Hero MotoCorp, Bajaj Auto, Dr. Reddys Lab, Jindal Steel and NTPC were some of the other notable gainers.

Among major index losers were, Sesa Goa fell by 4.26%, TCS and Infosys slipped by 3.37% and 3.32%, Wipro down by 2.74%. Gail (India), Hindalco Industries, Tata Steel, Mahindra & Mahindra, Sun Pharmaceuticals, Tata Power, Cipla and Bharti Airtel were some of the losers.

The overall market breadth was firm positive with 1,487 stocks advanced while 849 stocks declined.

September 4, 2013

Market Pulse - 04 Sep, 2013

Market Pulse 04 Sep 2013Markets closed higher amid heavy value buying seen in Bankex and Auto sector along with index heavy weight as Rupee was seen recovering. The S&P BSE Sensex surged up by 332.89 points or 1.83% to 18,567.55. It touched a high of 18,612.60 and a low of 18,188.43 in trade today. The CNX Nifty spurted up by 106.65 points or 2% to 5,448.10.

Among the sectoral indices, Metal index gained the most up by 2.75%, Healthcare index jumped up by 2.60%, Auto and IT indices gained up by 2.47% and 2.15%. Other notable sectoral indices gainers were, Oil & Gas, Consumer Durables, Capital Goods, Bankex FMCG and Power. The broader markets ended firm with both the indices Mid-cap and Small-cap advanced up by nearly 1% each.

Among the major index gainers were, BHEL topped the list by spurting up by 6.20% followed by Tata Motors, Bharti Airtel, ICICI Bank, Hindalco Inds, Cipla, TCS, Dr Reddys Lab and Tata Steel surging between 4-3%. Other notable gainers included, Bajaj Auto, Jindal Steel, Infosys, Reliance Industries, ONGC, Sun Pharmaceuticals, Hero MotoCorp, NTPC, Sesa Goa, Coal India, Mahindra & Mahindra and Tata Power.

Among the major index loser was only ITC which slipped by 0.81%.

The Rupee recovered in mid-noon, after breaching 68 mark in early trades in the morning, amid heavy selling of the dollars by the state-run bank on intervene by RBI (Reserve Bank of India). The partially convertible Rupee closed at 67.06 per dollar as against yesterday's close of 67.63/64, after it fell to intra-day lows of 68.60.

The overall market breadth was firm positive with 1,361 stocks advanced as compared to 931 stocks declined.

September 3, 2013

Market Pulse - 03 Sep, 2013

Market Pulse - 03 Sep, 2013Markets spanning its five-day rally closed firmly on a weak note as Rupee deprciated, again breaching 68-mark against the dollar on fresh signs of trouble in Syria. The S&P BSE Sensex plunged by 651.47 points or 3.45% to closed at 18,234.66, after touching a low of 18,166.17. The CNX Nifty also tumbled by 209.30 points or 3.77% to end at 5,341.45, after touching a low 5,323.75 in the day.

Selling pressure was visible across the board. Banking, oil & gas and consumer durable stocks were amongst the worst hit in today's session. The BSE banking index- Bankex slipped a whopping 5% or 527 points in the intra-day deals to settle at 9,871. Axis Bank was the top loser from the banking space. The stock crashed 9.3% to close at Rs 782. Yes Bank, Indusind Bank, Federal Bank, Bank of India, PNB, Canara Bank and Union Bank of India also fell 5.5-9% each.

Among sectoral indices, Bankex index plunged by 5.06%, Consumer Durable index slipped by 4.61%, Realty and FMCG indices fell by 4.39% and 3.89%. Oil & Gas, Capital Goods, Power, Metal, Healthcare and PSU indices also fell between 4-1.50% each. In the broader markets, Mid-cap and Small-cap indices closed weak. Mid-cap index slipped by nearly 2% while Small-cap index wned down by 1%.

Among the index gainers Coal India and Mahindra & Mahindra were the only gainers up by 3.40% and 2.65%.

Among the index losers were, HeroMoto Corp and Reliance Industries crashed by 6.58% and 6.07%, ITC, ICICI Bank and Bharti Airtel plunged between 6-5%. Other prominent losers HDFC, Larsen & Toubro, HDFC Bank, Hindalco Inds, Hindustan Unilever, Jindal Steel and Power, Tata Power, Sun Pharmaceutical, Dr Reddy's Laboratories, Tata Steel, Cipla Limited, State Bank of India and Sesa Goa, TCS, NTPC and Maruti Suzuku felliing between 2.5% each.

The Rupee continued its slide against the dollar, as investors remained doubtful whether the government would act decisively to restore confidence in the economy. The Rupe after opening at 66.30 slipped by nearly 3% before settling at 67.63/64 per dollar down by 2.40% as against yesterday's close of 66.00.01.

The overall market breadth was firm negative with 1,478 shares declined as compared to 805 shares advanced.

September 2, 2013

Market Pulse - 02 Sep, 2013

Market Pulse 01 Sep 2013
Markets closed higher for straight four consecutive days after improved China's manufacturing data signalling of growth recovery. The S&P BSE Sensex gained by 266.41 points or 1.43% to close at 19,367.59. The CNX Nifty advanced by 78.95 points or 1.44% to 5,550.75.

Among sectoral indices, Metal index gained most by 3.16%, followed by FMCG index gaining by 3.10%, Realty and Oil & Gas indices advancing by 3% and 2.55%. Other notable sectoral indices were, PSU Capital Goods, Bankex, IT and Consumer Durables. In the broader markets, Mid-cap and Small-cap indices closed firm by gaining 1-1.40%.

Among major index gainers included Tata Steel spurting by 5.54%, Maruti Suzuki surged up by 4.60%, Reliance Industries rose by 4%, ITC gained by 3.20%, Jindal Steel advanced by 2.60%, and ICICI Bank gained up by 2%. Other notable gainers were, Bajaj Auto, Coal India, Gail (India), HDFC, ONGC, SBI and Sun Pharmaceuticals.

Among major index losers were, Mahindra & Mahindra fell by 2%, Tata Power and HDFC Bank declined by 1.30% and 1% and Hero MotoCorp down by 0.70%.

Tata Steel spurted up by 5.54% after company reported that it is planning to raise domestic sales on higher demand post monsoon season.

The Rupee traded marginally weak in the early trades due to weak GDP numbers released last Friday. The partially convertible Rupee closed at 66.00/01 per dollar as against Firday's close of 65.71 on the Interbank Foreign Exchange.

The overall market breadth was firm positive with 1,397 shares advanced while 854 shares declined.

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...

Google+ Followers