GDP growth at 4.9% versus 4.5% in FY13 - Stock Market Pulse

Government pegs GDP growth at 4.9% for FY 1314 versus 4.5% in FY13

India’s economic GDP growth rate for the current fiscal has been estimated at 4.9%. Economic growth rate rose than the previous fiscal year. The rise was due to improved performance in the agriculture and allied sectors. The CSO (Central Statistics Office) had lowered GDP growth for fiscal 2012-13 to 4.5% in its revised estimates from an earlier provisional forecast of 5%.

The CSO has projected a GDP growth rate of 4.6% for fiscal 2013-14, in agriculture and allied sectors. A rise from 1.4% as compared to a year earlier. However, manufacturing is expected to register a contraction of 0.2% for the current fiscal year, as compared with growth of 1.1% previous year.

The GDP growth for the current fiscal year estimated at 4.9% improved in the second half, given that GDP grew at 4.6% in the April-September period.

According to advance estimates, the service sector is likely to grow 11.2%, as compared to 10.9% for fiscal 2012-13. This includes finance, insurance, real estate and business services sectors. Mining and quarry is likely to contract 1.9%, compared with a 2.2% decline in production a year ago. Growth in construction is likely to improve from 1.1% in 2012-13 to 1.7% this fiscal.

Growth in electricity, gas and water production is also estimated to improve from 2.3% in 2012-13 to 6% this fiscal year.The trade, hotel, transportation and communication sectors too are projected to grow by 3.5%. Community social and personal services would grow at 7.4% as compared with 5.3% for previous fiscal year.

The CSO releases advance GDP growth estimates before the end of the financial year to enable the government to formulate various estimates for inclusion in the Budget.

Per capita income in real terms (at 2004-05 prices) during 2013-14 is likely to attain a level of Rs 39,961 as compared to the first revised estimate for the year 2012-13 of Rs 38,856.

The growth rate in per capita income is estimated at 2.8 per cent as against the previous year’s estimate of 2.1%, CSO said.

Per capita income at current prices during 2013-14 is estimated to be Rs 74,920 compared with Rs 67,839 during 2012-13, a rise of 10.4%.

Gross Fixed Capital Formation (GFCF), an indicator of investment, is forecast at Rs 32.2 lakh crore at current prices as against Rs 30.7 lakh crore in 2012-13.

At constant (2004-05) prices, GFCF is estimated at Rs 20.1 lakh crore in 2013-14 as against Rs 20.0 lakh crore.

In terms of GDP at market prices, the rates of GFCF at current and constant (2004-05) prices during 2013-14 are estimated at 28.5 per cent and 32.5 per cent, respectively, as against the corresponding rates of 30.4% and 33.9%, respectively in 2012-13.

The rate of expenditure on valuables at current prices has gone down from 2.6% in 2012-13 to 2.1% in 2013-14, the statement added.

FMCG heavy weight led the market gains - Stock Market Pulse

FMCG heavy weight, HUL and ITC pulls the market up

Markets managed to close higher posting its straight third gain. After opening positive in the morning markets slipped into the red zone. However the recover was seen in the late noon trading session. Recovery in the market was led by FMCG heavy weight shares ITC and Hindustan Unilever. The S&P BSE Sensex closed up by 49.71 points or 0.25 to 20,310.74. It opened marginally up by 25 points or 0.12% at 20,286.09, and touched a high of 20,358 and a low of 20,079. The CNX Nifty opened up by nearly 6 points or 0.10% at 6,028.35. Before settling at 6,036.30 up by 14 points or 0.23%, it touched a high of 6,048 and a low of 5,965 intraday.

In the sectoral indices, Realty index slipped by 1.57%. Capital Goods index fell nearly by 1%. Bankex, IT and Healthcare indices also closed weak. FMCG index surged by 1.36% and Consumer Durables rose by 1%. Metal and Auto index also gained by 0.92% and 0.85%. Power and Oil & Gas indices also managed to post some gains. The broader market closed a bit mixed. Mid-cap index fell by 0.18% and Small-cap index closed almost flat with positive bias.

In the gainers list Coal India spurted by 4.59%, followed by Tata Power surging by 3.22%. FMCG heavy weight Hindustan Unilever gained by 2.9% and ITC advanced by 1.77%. Mahindra & Mahindra and Maruti Suzuki rose between 3-2%. HDFC bank, Wipro and Hindalco Industries also gained between 2-1% each. NTPC, Tata Steel, Tata Motors, Bharti Airtel, Sun Pharma, Hero MotoCorp and Dr Reddys Lab were among the other index gainers.

In the losers list, BHEL slipped by 2.43%. Axis Bank, Cipla, TCs and SBI also declining between 2-1% each. Gail, L&T, ICICI Bank, ONGC, Sesa Sterlite, Infosys, HDFC, Reliance Industries and Bajaj Auto were the other index losers.

However market breadth ended slightly negative. Out of the 2720 shares traded 1289 shares declined as compared to 1261 shares advanced. While 170 shares remained unchanged.

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FMCG heavy weight led the market gains
http://www.stockmarketpulse.net/2014/02/06/fmcg-heavy-weight-led-market-gains/

Market rebounds from lower level - Stock Market Pulse

Market rebounds from its 4-month low level

Markets managed to close almost flat with positive bias. After opening weak it fell to 4-month low as benchmark index breached the 200 day moving average. However, it gained momentum and recovered from the lower levels in the late noon trades. The S&P BSE Sensex closed just 2.67 points or 0.01% at 20,211.93. It touched a high of 20,255.52 and a low of 19,963.12 intraday. The CNX Nifty closed down by nearly 1 point or 0.01% at 6,000.90. It touched a high of 6,017.80 and a low of 5,933.30 in the intraday.

In the sectorial indices, IT index fell by nearly 2%. Healthcare and Metal indices too slipped by 0.5-0.7% and Oil & Gas index closed marginally weak by 0.12%. Whereas Bankex index gained nearly by 1%, followed by FMCG index advancing by 0.78%. Power and Realty index too managed to gain between 0.5-07%. Capital Goods and Consumer Durables were the other sectorial indices closing with the gains. In the broader markets, Mid-cap index advanced by 0.39% and Small-cap index gained by 0.19% respectively.

Among the index gainers, Bharti Airtel and NTPC surged over 3% and Tata Motors gained by 2.76%. Bajaj Auto, State Bank of India, ITC, Coal India, HDFC Bank and Hero MotoCorp rose between 2-1% each. ICICI Bank, Cipla, L&T, Hindustan Unilever, Reliance Industries, ONGC and Axis Bank the other index gainers. However, Tata Power ended flat.

Among the index losers, Mahindra & Mahinrda and Gail (India) dropped over 3%. BHEL and Dr. Reddys Lad also slipped over 2%. TCS, Wipro, Infosys and Sun Pharma declined between 2-1%. Sesas Sterlite, HDFC, Tata Steel and Maruti Suzuki were the other shares on the losing side.

The overall market breadth ended tad positive. Of the 2653 shares traded, 1269 share advanced as compared to 1238 shares declined. While 146 shares remained unchanged.

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Market rebounds from lower level
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Market closes lower, amid weak China economic data - Stock Market Pulse

Market closes lower, amid weak China economic data

Markets today closed near the day's low. After opening weak it continued to trade weak, as China posted economic data raising worries that the global growth is still struggling. Further dampening the market sentiment was the US Federal's decision to further taper its monetary stimulus. The S&P BSE Sensex closed down by 304.59 points or 1.48% at 20,209.26. It opened down by 34.82 points or 0.17% at 20,479.03. The CNX Nifty also slipped by 87.70 points or 1.44% at 6,001.80. It opened gap down by 30.7 points or 0.50% at 6,058.80.

Among the sectoral indices, except for Healthcare index which closed up by 1.10% all other indices closed weak. Metal index was the top loser by felling 3.06%. Following the trend, Realty index also declined by more than 2%. Bankex, Power, Oil & Gas, Auto and IT indices slipped between 2-1% each. FMCG, Consumer Durables and Capital Goods were the other sectoral indices closing weak. Even the broader market closed weak. Mid-cap index fell by nearly 1% while Small-cap index down by nearly 0.5%.

There only couple of shares in the index gainers list managing to close in green. Gail (India), Dr Reddys Lab and Sun Pharma gained between 2-1%. Cipla Limited advanced by 0.57% and Axis Bank gained by 0.23%.

Among the index losers, Hindalco Industries was the top loser dropping by nearly 6%. Following the trend were Tata Steel Limited, Bajaj Auto, BHEL, Tata Motors Ltd and ONGC shares felling between 4-3%. Bharti Airtel Limited, ICICI Bank, State Bank of India, HDFC and Infosys too fell between 3-2%. Wipro Limited, Sesa Sterlite, Tata Consultancy Services, Maruti Suzuki, Tata Power Ltd, Reliance Industries and ITC also declined between 2-1%. Hero MotoCorp, L&T, Mahindra & Mahindra, Coal India Limited, HDFC Bank, NTPC and Hindustan Unilever were the other index losers.

Today market breadth ended firm negative. Of 2675 shares traded, 1434 shares ended weak as compared to 1096 shares advancing. While 145 shares remained unchanged.

Market closes lower, amid weak China economic data
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Market Pulse - 31 Jan, 2014 - Stock Market Pulse

Market Pulse - 31 Jan, 2014

Markets breaking its 5-day losing streak closed marginally high. It was a dull trading session as market remained in range-bound. The S&P BSE Sensex gained marginally by 15.60 points or 0.08% to 20,513.85. After opening up by 46.39 points or 0.23% at 20,544.64, it moved in the range of 20,572.32 to 20,448.43. The CNX Nifty closed up by 15.80 points or 0.26% to 6,089.50. After opening marginally up by 9.05 points or 0.14% at 6,082.75, it touched a high of 6,097.85 and a low of 6,067.35 intraday trading session.

Among the sectoral indices, Auto index was the lone losers felling by 0.43%. Whereas Realty index surged the most by 1.63%, followed by Metal index rising by 1.27%. Oil & Gas index also gained by 1.18%. Bankex, Capital Goods, Power, Consumer Durables, IT, FMCG and Healthcare were the other sectoral indices closing with gains. Even the broader markets outclassed the benchmark index. With Mid-cap index surging by 1.56% and Small-cap index gaining by 1.32% respectively.

In the index gainers list Tata Steel Limited, Tata Power, Gail (India), Mahindra & Mahindra and Bharti Airtel were the top gainers surging between 3-2%. ICICI Bank Limited, Hindalco Industries and ONGC also rising between 2-1% each. Axis Bank, Tata Consultancy Services, Sesa Sterlite and Reliance Industries Limited advanced between 1-0.6%. Coal India, Wipro, State Bank of India L&T, Hindustan Unilever and ITC were the other index gainers.

Among the index losers Tata Motors shred the most by declining 3.14%. HDFC following the trend slipped by 2.50%. NTPC and Hero MotoCorp also fell by 1.33% and 1.29% each. Among the other index losers were Bajaj Auto, Sun Pharma, Cipla Limited, HDFC Bank, Dr Reddys Lab, Maruti Suzuki, Infosys and BHEL.

The market breadth ended firm positive. Out of the 2731 shares traded, 1525 shares advanced and 1059 shares declined. While 147 shares remained unchanged.

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Market Pulse - 31 Jan, 2014
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Market Pulse - 30 Jan, 2014 - Stock Market Pulse

Market Pulse - 30 Jan, 2014

Markets ended lower after opening firm negative in the morning. Further tapering by the US Federal led to a sell-off in the emerging markets. This caused benchmark indices to close at their lowest level in two months. The S&P BSE Sensex declined by 149.05 points or 0.72% at 20,498.25. It opened gap down by 155.56 points or 0.75% at 20,498.25. The CNX Nifty too slipped by 46.55 points or 0.76% at 6,073.70. It opened gap down by 53.25 points or 0.87% at 6,067.

Weakness was too seen in the sectoral indices. Bankex and Metal index were the top sectoral indices dropping by 2.7-2.5%. Followed by Oil & Gas index felling by 1.08%. FMCG and Capital Goods indices too declined by 1-0.7%. IT, Healthcare and Power were the other sectoral indices closed weak. Whereas Consumer Durables which closed up by 1.73% and Auto index advanced by 0.27% were the only sectoral indices posting gains.

Even the broader markets ended weak. Mid-cap index fell by 1.13% and Small-cap index slipped by 1.47% respectively.

Major index gainers include Tata Motors and Bharti Airtel Limited gaining by 2.66% and 2.44%. BHEL and Gail (India) also advanced by 1.29% and 1.01%. Mahindra & Mahindra too advanced by 0.88%. Sun Pharma, HDFC, Tata Consultancy Services, Bajaj Auto Limited, NTPC and Hindustan Unilever were the other index gainers. Wipro closed almost flat with positive bias.

Major index losers include State Bank of India, Hero MotoCorp, Sesa Sterlite, Hindalco Industries and Tata Steel slipped between 4-3%. ICICI Bank Ltd, Axis Bank, Maruti Suzuki and HDFC Bank Ltd fell between 3-2%. Coal India Ltd, oNGC, Tata Power, Dr Reddys Lab, Reliance Industries and L&T also declined between 2-1%. Infosys, Cipla Limited and ITC were the other index decliners.

Market breadth ended firm negative. Of 2714 shares traded 1750 shares declined and 836 shares advanced. While 128 shares remained unchanged.

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Market Pulse - 30 Jan, 2014
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Market Pulse - 29 Jan, 2014 - Stock Market Pulse

Market Pulse - 29 Jan, 2014

Markets closed flat with negative bias ahead of the future expiry contracts. After opening firm in the morning, it continued trade lower amid a volatile trading sessions. The S&P BSE Sensex closed down by 36.21 points or 0.18%. at 20,647.30. It touched a high of 20,828.68 and a low of 20,613.62. The CNX Nifty closed almost flat with negative bias down by 6 points or 0.10% at 6,120.25. It touched a high of 6,170.45 and a low of 6,109.80 intraday.

Among the sectoral indices, Capital Goods index surged nearly 1%. Healthcare index also gained by 0.76%. Auto and IT were the other sectoral indices mananging to close with gains. While Metal index dropped by 1.35% and Consumer Durables and Bankex slipped by 0.8-0.6%. Power, Oil & Gas and FMCG index closed almost with negative bias. However the broader market closed mixed today. Mid-cap index gained by 0.15% and Small-cap index slipped by 0.26% respectively.

In the index gainers list Maruti Suzuki spurted by over 7%. BHEL surged by nearly 4% and Hero MotoCorp rose by nearly 3%. Axis Bank, Sun Pharma, Cipla Limited and Infosys gained between 2-1%. L&T, Wipro Limited and Coal India also advanced between 1-0.5% respectively. Gail (India), ONGC, HDFC Bank Ltd and Dr Reddys Lab were the other gainers on the list.

Among the index losers list, Sesa Sterlite dropped over by 3% followed by Tata Steel Limited slipping by 2.21%. Hindalco Industries, ICICI Bank Limited, Bajaj Auto, Bharti Airtel, State Bank of India, Mahindra & Mahindra, Tata Motors Ltd and Reliance Industries declined between 2-1% each. HDFC, ITC, NTPC, Tata Power, Tata Consultancy Services and Hindustan Unilever too closed weak today.

Overall market breadth ended negative. Out of 2740 shares traded 1361 shares declined 1236 shares advanced. While 143 shares remained unchanged.

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Market Pulse - 29 Jan, 2014
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Market Pulse - 28 Jan, 2014 - Stock Market Pulse

Market Pulse - 28 Jan, 2014

Markets today recovered from its day's low to settle marginally lower. After opening positive it turned southward as the RBI surprised the market by hiking repo rate. However shrugging off the shocking RBI move it recovered and settled marginally lower. RBI today hiked the repo rate by 25 basis points to 8% fro 7.75% in its Q3 monetary policy review. The S&P BSE Sensex fell by 23.94 points or 0.12% at 20,683.51. It touched a high of 20,795.35 and a low of 20,554.28 intraday. The CNX Nifty slipped marginally by 9.60 points or 0.16% at 6,126.25. It touched a high of 6,163.60 and a low of 6,085.95 in the intraday trading session today.

Sectoral indices closed mixed today. Metal was the top gainer rising by 1.72% and Realty index gaining by 1.08%. FMCG, Auto, Consumer Durables, Oil & Gas and Capital Goods were the other sectoral gainers. Whereas IT index closed down by 1.06%, Healthcare index also followed the trend and closed lower by 0.79%. Bankex and Power indices also ended the day in red zone. However broader markets ended the day with gains. Mid-cap index closed flat with negative bias, while Small-cap index closed gaining by 0.25% respectively.

Among the index gainers, Tata Steel surged by 3.49%, Sesa Sterlite, Tata Motors and Hindalco Industries gained between 3-2%. Bajaj Auto and BHEL advanced by 1.69% and 1.11%. Tata Power, ICICI Bank, ITC, Mahindra & Mahindra and Dr Reddys Lab also gained between 1-0.5% each. L&T, Reliance Industries, Coal India, SBI and HDFC were other index gainers.

Among the index losers, Maruti Suzuki crashed by 8.12%, Axis Bank dropped by 3.28%. Sun Pharma slipped by 2.44%, Infosys and Cipla declined by 1.49% and 1.30%, Hindustan Unilever, TCS, HDFC Bank, NTPC, ONGC, Wipro, Hero MotoCorp and Bharti Airtel were the other index losers.

However market breadth was marginally positive. Of the 2689 shares traded, 1299 shares advanced as compared to 1243 shares declined, while 147 shares remained unchanged.

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Market Pulse - 28 Jan, 2014
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Market Pulse - 27 Jan, 2014 - Stock Market Pulse

Market Pulse - 27 Jan, 2014

Markets today declined more than 2%. After opening gap down it settled down near the day’s low. Weakness in the markets was amid sell-off in the emerging markets, led by the rate sensitive shares declining ahead of the Q3 policy review. The S&P BSE Sensex slipped by 426.11 points or 2.02% at 20,707.45. The CNX Nifty also dropped by 130.90 points or 2.09% at 6,135.85.

Today all the sectoral indices closed weak. Topping the list was Realty index crashing by 6.82%, followed by Bankex, Metal and Power dropping between 4-3%. Capital Goods and Oil & Gas indices declined between 3-2%. Consumer Durables and Healthcare index fell by 1.90% and 0.90%. IT and FMCG were other sectoral indices closing down. Even the broader markets were battered today. Mid-Cap index declined by 2.82% and Small-cap index fell by 2.64% respectively.

There were only couple of index gainers in the weak market. Hindustan Unilever gained by 1.71%, while ITC and Cipla gaining tad up by 0.08-0.04%.

Among the index losers, Tata Motors and Tata Steel topped the list by dropping 6.13-6.0.3%. ICICI Bank, Tata Power and Maruti Suzuki following the trend slipped between 5-4% each. Axis Bank, Sesa Sterlite, HDFC Bank and Coal India fell by 4-3%. Relience Industries, L&T, Hindalco Industries, ONGC, Mahindra & Mahindra declined by 3-2%. Bharti Airtel, SBI, NTPC, BHEL, HDFC, Gail (India), Bajaj Auto and Hero MotoCorp too declined between 2-1%. Dr Reddys Lab, Sun Pharma, TCS, Infosys and Wipro were other index decliners.

The market breadth was firm negative. Out of 2,714 shares traded 1,976 shares declined 616 shares advanced while 122 shares remained unchanged.

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Market Pulse - 27 Jan, 2014
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Market Pulse - 24 Jan, 2014 - Stock Market Pulse

Market Pulse - 24 Jan, 2014

Markets snapping it’s four-day gaining streak closed weak. After opening weak it continued to trade under pressure and settled near the day’s low. Rate sensitive shares led the weakness in the market after the RBI (Reserve Bank of India) Governor stated inflation as a destructive disease, forcing for interest rate hike. The S&P BSE Sensex slipped by 240.1 points or 1.12% at 21,133.56. It touched a high of 21,333.66 and a low of 21,123.99 in the intraday. The CNX Nifty declined by 78.90 points or 1.24% at 6,266.75. It touched a high of 6,331.45 and a low of 6,263.90 in the intraday sessions.

Today all the sectoral indices closed weak. Leading the list was Realty index dropping by 3.19% followed by Capital Goods and Consumer Durables indices slipping by nearly 2.7%. Bankex, Power, Metal, Auto, FMCG and Healthcare indices too closed weak between 2-1%. IT and Oil & Gas were the other losing sectoral indices. Even the broader market witnessed the weakness. The Mid-cap index slipped by 1.66% and the Small-cap index fell by 1.81% respectively.

In the index gainers list there were only couple of shares ending in gains. NTPC advancing by 0.38%, Bajaj Auto gaining by 0.20% while Reliance Industries gaining marginally by 0.20%.

Among the index losers BHEL, Tata Steel and Tata Motors were the major losers dropping between 4-3%. Sesa Sterlite, L&T and SBI fell between 3-2%, ICICI Bank, Tata Power, ITC, Hero MotoCorp, HDFC, Maruti Suzuki, Cipla and Sun Pharma also declined between 2-1% each. Wipro, Infosys, ONGC, HDFC Bank, Axis Bank, Mahindra & Mahindra, Coal India, Bharti Airtel, Dr Reddys Lab, TCS, Gail (India), Hindustan Unilever and Hindalco Industries were the other losers.

Overall market breadth ended firm negative. Out of 2,797 shares traded 1,59 shares declined as compared to 890 shares advanced, while 148 shares remained unchanged.

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Market Pulse - 24 Jan, 2014
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Market Pulse - 23 Jan, 2014 - Stock Market Pulse

Market Pulse - 23 Jan, 2014

Markets today extended its gain and closed at all time high on closing basis. Market after opening flat with negative bias had a choppy trading session. It was in the noon sessions when markets started to gain momentum on back of European markets reversing after it's initial losses. The S&P BSE Sensex closed up by 35.99 points or 0.17% to 21,373.66. It touched a high of 21,409.66 and a low of 21,264.71 intraday. The CNX Nifty ended marginally up by .7 points or 0.11% to 6,355.6. It touched a high of 6,355.60 and a low of 6,316.40 intraday today.

Among the sectoral indices Auto index dropped by 1.05%. Metal and Oil & Gas fell by 0.5-0.46%, Powe and IT indices both declined by 0.22% each. Bankex and Realty the other indices closing weak. Whereas Consumer Durables index surged by 2.33%, followed by Capital Goods index rising by 1.84%. FMCG and Healthcare indices also managed to close between 0.2-0.1% respectively. However, the broader markets underperformed as compared to benchmark index. The Mid-cap index fell by 0.48% while Small-cap index slid marginally by 0.12%.

Among the index gainers were L&T, Axis Bank and Gail (India) surging between 3-2%, followed by Sun Pharma, HDFC and Bharti Airtel gaining between 2-1% each. BHEL also gained by 0.92%. SBI, Infosys, ITC, HDFC Bank, Hindustan Unilever, Wipro and Tata Power were the other in the index gainers list.

Among the index losers were Mahindra & Mahindra slipping by 2.82%, ONGC and NTPC declining by 1.33% and 1.09%. Coal India fell nearly 1%, TCS and Tata Steel too were down by 0.89-0.84%. Hindalco Industries, Sesa Sterlie, Bajaj Auto, ICICI Bank, Reliance Industires, Cipla Limited, Tata Motors, Maruti Suzuki, Hero MotoCorp and Dr Reddys Lab were the other losers from the index.

The overall market breadth ended in negative. Out of 2,840 shares traded 1,455 shares declined 1,253 shares advanced, while 132 shares remained unchanged.

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Market Pulse - 23 Jan, 2014

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Market Pulse - 22 Jan, 2014 - Stock Market Pulse

Market Pulse - 22 Jan, 2014

Markets closed higher, posting its third consecutive gains. After opening flat, markets gained momentum in the late noon trade to end higher amid index heavy-weights. The S&P BSE Sensex gained by 86.55 points or 0.41% to 21,337.67. It touched a high of 21,377.91 and a low of 21,168.43 intraday. The CNX Nifty rose by 25.15 points or 0.40% to 6,338.95. It touched a high of 6,349.95 and a low of 6,287.45 in the intraday trading session today.

In the sectoral indices barring Capital Goods and FMCG indices all the other sectoral indices closed positively. Capital Goods and FMCG indices fell by 0.52% and 0.14%. Healthcare index surged by 1.31%, Metal index rose by 0.93%, Oil & Gas index gained by 0.76%. Bankex, Realty, Power, Auto and IT indices also ended in the green, while Consumer Durables ended flat. In the broader markets, Mid-cap index advanced by 0.20%, while Small-cap index advanced by 0.28% respectively.

Sun Pharma, Tata Steel and Hindalco Inds rising between 3-2%, Bharti Airtel, NTPC, Mahindra & Mahindra, Dr Reddys Lab, Cipla and Wipro also advancing between 2-1% each. Hindustan Unilever, Reliance Industries and ONGC gained between 1-0.9%, Sesa Sterlite, ICICI Bank, HDFC, Bajaj Auto, Infosys, Tata Motors, HDFC Bank and Maruti Suzuki were among the other index gainers.

SBI declining by 0.77%, L&T and Hero MotoCorp felling by 0.65-0.6%, ITC, BHEL and Coal India down between 0.5-0.4%. Gail (India), TCS, Axis Bank and Tata Power were also among the index losers.

The overall market breadth was positive. Out of 2,835 shares traded 1,403 shares gained 1,275 shares declined, while 157 shares remained unchanged.

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Market Pulse - 22 Jan, 2014
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Market Pulse - 21 Jan, 2014 - Stock Market Pulse

Market Pulse - 21 Jan 2014

Markets closed marginally up after positive start in the morning. As the market lost ground due to profit bookings in IT sector shares, gain in the financials sector shares led to the recovery of the benchmark indices. The S&P BSE Sensex closed up by 46.07 points or 0.22%. It moved in the range of 21,302.52 to 21,189.20 intraday. The CNX Nifty gained marginally by 9.85 points or 0.16% to 6,313.80. It moved in the range of 6,330.30 to 6,297.90 intraday today.

In the sectoral indices, Bankex index surged by 1.55% followed by Auto index rising by 1.03%.Metal, Capital Goods, Realty and Consumer Durables indices managed to close between 0.8-0.5%. Whereas IT index declined by 0.68%, Oil & Gas and Power indices slipped between 0.6-0.5%. FMCG and Healthcare indices closed tad negative by 0.18-0.10%. Even the broader market closed in line with benchmark index. Mid-cap closed up by 0.45% and Small-cap index gained up by 0.39% respectively.

Among the index gainers list, ICICI Bank surged the most by 3.32% followed by Tata Motors, Tata Steel and Axis Bank gaining between 3-2% each. Sesa Sterlite, Maruti Suzuki, L&T, SBI and HDFC Bank also rose between 2-1%. Hindustan Unilever, Bajaj Auto, Hindalco Industries Limited, HDFC, Infosys and Dr Reddys Lab were among the other index gainers on the list.

Among the index losers list, TCS and Coal India slipped between 3-2%, BHEL, Gail (India), Sun Pharma and Bharti Airtel fell between 2-1% each. Tata Power and NTPC also declined by 0.84-0.83%. Hero MotoCorp, Reliance Industires, Cipla, ITC, Wipro, Mahindra &Mahindra and ONGC were other among the index losers.

The overall market breadth ended positive. Out of 2,783 shares traded 1,376 shares advanced as compared to 1,247 shares declined, while 160 shares remained unchanged.

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Market Pulse - 21 Jan, 2014

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Market Pulse - 16 Jan, 2014 - Stock Market Pulse

Market Pulse – 16 Jan, 2014

Markets breaking its three-day continuous gaining streak closed weak today. After opening firm in the morning session markets lost its initial gains, amid choppy trading sessions. The S&P BSE Sensex closed down by 0.11% and 24.31 points at 21,265.18. It moved in the range from 21,379 to 21,199. While the CNX Nifty closed almost flat with negative bias down by 2 points or 0.03% at 6,318.90. It had moved in the range of 6,346 to 6,299 in the intraday session today.

Among the sectoral indices, the Metal index surged by 1.75% followed by the IT index gaining by 0.56%. Capital Goods, Realty and Power were the other indices also ending with positive gains, whereas Auto and FMCG index fell by 0.84-0.8%, Healthcare index down by 0.57%. Bankex, Oil & Gas and Consumer Durables were other indices closing weak. In the broader market, Mid-cap index slipped by 0.12% and Small-cap index ended lower by 0.26% respectively.

Among the index gainers, Coal India surged by 2.56%, Hindalco Inds, Wipro, HDFC, BHEL, Tata Steel, Sesa Sterlite and Hindustan Unilever gained between 2-1%. Bajaj Auto, Gail (India), NTPC, L&T, Infosys and ICICI Bank were the other index gainers. Among the index losers, Bharti Airtel slipped by 4.84%, Tata Motors, Sun Pharma, ONGC, Cipla and Maruti Suzuki also fell between 2-1% each. HDFC Bank, Mahindra & Mahindra, ITC, Tata Power were some of the other losers on the list.

The overall market breadth ended firm negative. Of the 2,845 shares traded 1,510 shares declined, 1,169 shares advanced while 166 shares remained unchanged.

Tags – Market Pulse, Stock Market Pulse

Market Pulse - 16 Jan, 2014

http://www.stockmarketpulse.net/2014/01/16/market-pulse-16-jan-2014/

Market Pulse - 2 Aug, 2013

Markets closed lower for straight eight trading session due to selling pressure in rate sensitive stocks as uncertainity over the rollback of remained loom

The S&P BSE Sensex ended 153.17 points or 0.79% lower at 19,164.03. The index hit a high of 19,451.70 and a low of 19,078.72 in intraday trade on Friday. While CNX Nifty closed at 5,677.90, down by 49.95 points or 0.87%. The index touched a high of 5,761.85 and a low of 5,649.00 in intraday trade.

Among sectoral indices, the S&P BSE Realty Index closed 4.01% lower, Power Index slipped by 3.70%, Metal Index plunged by 3.60%, PSU Index lost 2.60%, Consumer Durable Index ended 5.30 higher, IT index rallied by 0.96% and Technology Index was up by 0.55%. The S&P BSE Midcap Index closed 0.40% lower, while BSE S&P Smallcap Index edged lower by 1.32%.

Amoing the index gainers were TCS up by 1.60%, Wipro up by 0.58%, Infosys up by 1.04%, Reliance Industries gained by 0.80% and Tata Motors advanced up by 0.45%.

Among the index losers were Jindal Steel down by 7.30%, Coal India fell by 5.80%, Sterlite Industries down by 3.90%, Tata Steel fell by 3.70% and Tata Power fell by 3.90%.

Power Grid Corp fell 11.56%, after the company stated that it would be issuing equity shares through FPO (Follow on Public Offer) to raise fund for ite investment programme.

Infosys closed up by 1.04%, surged to its 52-week high of Rs 3,019.95, after global brokerage firm CLSA upgraded its target price.

The overall market breadth was firm negative. Out of 2,407 stocks traded, 1,487 shares declined compared to 777 advanced on the BSE.