Showing posts with label Tata Motors Limited. Show all posts
Showing posts with label Tata Motors Limited. Show all posts

09 November, 2015

Samvat 2072 top pick stocks

Samvat 2072 top pick stocks

Samvat 2072 top pick stocks


Samvat 2072 is just around the corner. Here is the compilation of the top picks given by the top broking houses across the country have been highlighted with holding period of minimum 1 year or more.

Samvat 2071 being a subdued year as contrary to anticipation of huge rally for the markets failed to bring cheer to investors. Even though after hitting life highs market pared most of the gains as the year progressed.

However, experts are maintaining a positive view on the markets. Encouraging macro-economic cues such as low interest rates, low inflation and cheap global commodities are expected to be main reason. Thus, this might improve performance of the corporates earnings in the following 12-24 months.



Sharekhan
1) Bajaj Finance
2) Bharat Electronics
3) Britannia Industries
4) Cadila Healthcare
5) Larsen & Toubro Limited
6) Maruti Suzuki


Angel Broking
1) Ashok Leyland
2) HCL Tech
3) Larsen & Toubro Limited
4) Axis Bank Limited
5) Amara Raja Batteries


Edelweiss
1) Cholamandalam Finance
2) NIIT Limited
3) Tata Motors Limited
4) SRF Ltd
5) Strides Arcolab


Prabhudas Liladhar
1) Infosys
2) HDFC Bank
3) State Bank of India
4) Tata Motors Limited
5) JK Laxmi Cement


Kotak Securities
1) Maruti Suzuki
2) Sun Pharma
3) Infosys
4) ICICI Bank Limited
5) Dabur India


Motilal Oswal Securities
1) Sintex
2) Inox Wind
3) Dewan Housing




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27 December, 2013

Market Pulse - 27 Dec, 2013

Market Pulse - 27 Dec, 2013

Market Pulse - 27 Dec 2013Markets opened positive and traded higher through out the session to close near day's high, led by IT sector and financial shares. The S&P BSE Sensex gained by 118.99 points or 0.56% at 21,193.58. It touched a high of 21,235.14 and a low of 21,113.25. The CNX Nifty rose by 34.90 points or 0.56% to 6,313.80. It has touched a high of 6,324.90 and a low of 6,289.40 intraday.

In the sectoral indices, Oil & Gas index fell by 0.42% and Auto index slipped marginally by 0.09%, while IT index surged by 1.71%. Healthcare index advanced by 0.68%, FMCG, Bankex and Metal indices too climbed between 0.7%-0.5%. Other sectoral indices gaining were Capital Goods, Realty, Power and Consumer Durables. The broader markets also ended the day in green, with Mid-cap index gaining by 0.26% and Small-cap index surging marginally by 0.13%.

Among the index gainers TCS was the top gainer by rising 2.98% followed by Wipro, Cipla, HDFC, INFOSYS, Sesa Sterlite and Sun Pharma gaining between 2-1% each. SBI, Hinduatan Unilever, ICICI Bank, Hindalco Inds, ITC and Coal India advancing between 1-0.5%. Mahindra, & Mahindra, L&T, Dr Reddys Lab, Gail (India) and Tata Mother were some of the other index gainers.

Among the index losers, Maruti Suzuki and Reliance Industries dropped by 1.09% and 1.06%, BHEL and Bajaj Auto slipped by 0.83% and 0.72% while Axis Bank was down by 0.59%. Hero MotoCorp, Tata Steel, Bharti Airtel, NTPC, Tata Power, HDFC Bank and ONGC were other losers on the board.

The overall market breadth was positive with 1,384 shares advancing as compared to 1,170 shares declining while 150 shares remained unchanged.

Tags - Market Pulse, Stock Market Pulse

02 December, 2013

Market Pulse - 2 Dec, 2013

Market Pulse - 2 Dec, 2013

Market Pulse - 2 Dec, 2013Markets closed higher after opening firm in the morning, as better than expected second quarter GDP numbers which were released late Friday evening boosted the market sentiment. The S&P BSE Sensex surged by 106.08 points or 0.51% to 20,898.01 it touched a high of 20,941.00 and a low of 20,770.51. The CNX Nifty also gained up by 41.75 points or 0.68% to 6,217.85 it touched a high of 6,217.85 and a low of 6,171.15 in the intraday.

In sectoral indices barring Oil & Gas index which closed marginally weak by 0.38% all the other sectoral indices closed positive. Healthcare index surged by 2%, Capital Goods, Bankex and Metal indices also gained between 2-1% each. Realty, Auto, IT, Power, FMCG, Consumer Durables and PSU were other gainers. In the broader markets Mid-cap index gained by 0.81% while Small-cap index surged by 1.09% respectively.

Among the index gainers Sun Pharma and Jindal Steel was the top gainers surging by 4.09% and 4.01% followed by Wipro, L&T, and BHEL rising between 3-2% each. ICICI Bank, Tata Steel, Bharti Airtel and Mahindra &anp; Mahindra also gained between 2-1%. Coal India, Hero MotoCorp, Tata Power, TCS and Reliance were some of the other gainers.

Among the index losers were, Hindustan Unilever, ONGC and Gail (India) slipping down between 2-1%, followed by Maruti Suzuki down by 0.96%, Hindalco Inds and Bajaj Auto felling by 0.69% and 0.50%. Infosys, NTPC and HDFC Bank were other losers for the day.

The overall market breadth ended firm positive with 1,464 shares advancing and 1,007 shares declining while 164 shares remained unchanged.

Tags - Market Pulse, Stock Market Pulse

29 November, 2013

Market Pulse - 29 Nov, 2013

Market Pulse - 29 Nov, 2013

Market Pulse - 29 Nov 2013Markets today opened firm positive and closed near day's high on renewed buying interests from DII (Domestic Institutional Investor) on hopes of good second quarter GDP and fiscal deficit Apr-Oct period. The S&P BSE Sensex surged by 257.02 points or 1.25% to 20,791.93 it touched a high of 20,819.77 and a low of 20,558.93. The CNX Nifty surged up by 1.38% or 84.25 points to 6,176.10 it touched a high of 6,182.50 and a low of 6,103.80 in the intraday.

All the sectoral indices closed positive with Bankex index gaining the leading list surging by 2.21%. PSU, Capital Goods, Metal, Realty, Power, Oil & Gas and FMCG also gaining between 2-1% each. IT, Healthcare, Consumer Durables and Auto were other sectoral indices advancing on the list. Broader markets also closed in line with benchmark index with Mid-cap and Small-cap index gaining by 0.83% and 0.84% respectively.

Among the index gainers were, Sesa Sterlite spurting by 4.42%, BHEL and SBI surging by 3.45% and 3.29%, Cipla, ICICI Bank, ITC, L&T, Gail (India), Tata Power, HDFC, Bajaj Auto, HDFC Bank, Dr Reddeys Lab, Bharti Airtel, Hindalco Inds and TCS also gaining betweeb 3-1%. Jindal Steel, Infosys, Maruti Suzuki, Caol India and Reliance Industries were other gainers.

Among the index losers were, Mahindra & Mahindra down by 1.29%, Hero MotoCorp, Wipro and NTPC also slipping between 0.50-0.30%.

The market breadth closed positive with 1,455 shares advancing and 1,043 shares declining while 174 shares remaining unchanged.

Tags - Market Pulse, Stock Market Pulse

19 November, 2013

Market Pulse - 19 Nov, 2013

Market Pulse - 19 Nov, 2013

Market Pulse - 19 Nov 2013Markets ended almost flat tracking weak Asian and European markets amid range bound volatile trading session. The S&P BSE Sensex gained by 40.08% or 0.19% to 20,890.82. It had touched a high of 20,934.40 and a low of 20,828.69. The CNX Nifty rose by marginal 14.35 points or 0.23% to 6,203.35. It touched a high of 6,212.40 and a low of 6,180.20 in the intraday.

Among the sectoral indices Realty and Capital Goods rose by 1.51% and 1.28% followed by Bankex, IT, Auto, PSU, Metal and Oil & Gas indices geining between 0.50-0.10% each, whereas Consumer Durables and FMCG indcies slipped by 0.69% and 0.45%, Healthcare and Power declined by 0.24% and 0.18%. In the borader markets Mid-cap index gained by 0.46% and Small-cap index gained by 0.32% respectively.

Among the index gainers were JIndal Steel and Hindalco Inds surging by 4.37% and 4.25%, Maruti Suzuki and SBI also gaining by 3.28% and 3.18%. Bharti Airtel, L&T, Gail (India), Infosys and BHEL advancing between 2-1%. ICICI Bank, HDFC and Reliance Industres were some of the other gainers.

Among the index losers Sesa sterlite, HDFC Bank, Coal India and Bajaj Auto declined between 2-1% while TCS, Wipro, Tata Steel and ITC fell between 0.80-0.70% each. Other index losers were, Sun Pharma, ONGC, Cipla, Hindustan Unilever and NTPC

The overall market breadth ended positive with 1,296 shares advancing as compared to 1,205 shares declining while 157 shares remained unchanged.

Tags - Market Pulse, Stock Market Pulse

18 November, 2013

Market Pulse - 18 Nov, 2013

Market Pulse - 18 Nov, 2013

Market Pulse - 18 Nov, 2013Markets after a firm positive opening closed at day's high recording its highest single day gain since October 18 as US Federal plans to stick to its stimulus measures raised the hopes of FII inflows and strong economic reforms by China also boosted the market sentiment. The S&P BSE Sensex surged by 451.32 points or 2.21% to 20,850.74. It touched a high of 20,868.76 and a low of 20,570.59. The CNX Nifty also rose by 132.85 points or 2.19% to 6,189. It touched a high of 6,196.80 and a low of 6,110.40 in the intraday.

All the sectoral indices today closed positive. Capital Goods and Bankex indices surged up by 3.19% and 3.15%, FMCG, Realty, Oil & Gas, Power, PSU, IT and Auto indices also gained between 3-1%. Metal, Consumer Durables and Healthcare were other sectoral indices gainers. Even in the broader markets, Mid-cap and Small-cap index closed positive up by 1.18% and 0.96%.

Among the index gainers HDFC Bank spurted up by 4.15% followed by L&T, ITC, Hindalco Inds, ONGC and BHEL all surging between 4-3%. Tata Steel, Reliance Industries, SBI, Hindustan Unilever, HDFC, Jindal Steel, ICICI Bank, Mahindra & Mahindra, NTPC, Bharti Airtel, Tata Motors, Wipro, Infosys, Maruti Suzuki and TCS gaining between 3-1% each. Mero MooCorp, Tata Power and Dr Reddys Lab were other prominent gainers.

Among the index losers Sesa Sterlite and Coal India dropped by 1.36% and 1.15%, Cipla and Bajaj Auto also declining by 0.43% and 0.16%.

Market breadth ended firm positive with 1,403 shares advancing as compared to 1,057 shares declining while 126 shares remained unchanged.

Tags - Market Pulse, Market Pulse

13 November, 2013

Market Pulse - 13 Nov, 2013

Market Pulse - 13 Nov, 2013

Market Pulse - 13 Nov, 2013

Markets after a quit start extended its loss towards the day's close closing lower for straight seventh day on profit booking in index heavy-weights. The S& BSE Sensex closed down by 87.51 points or 0.43% at 20,194.40. It touched a high of 20,365.59 and a low of 20,161.64. The CNX Nifty declined by 28.45 points or 0.47% at 5,989.60. It had touched a high of 6,042.25 and a low of 5,972.45 in the intraday.

Among the sectoral indices Auto index gained by 0.47%, Consumer Durables, Metal and PSU indices advanced marginally between 0.30-0.10%. Realty and FMCG index fell by 1.14% and 0.98%, IT, Bankex, Capital Goods and Oil & Gas indices declined between 0.70-0.50% each. Power and Healthcare index also declined marginally. In the broader markets Mid-cap and Small-cap index also fell by 0.59% and 0.65% respectively.

Among the index gainers, Hindalco Inds gained by 2.29% followed by Tata Steel, Mahindra & Mahindra, Sun Pharma, Tata Motors, Hindustan Unilever, BHEL and SBI all gaining between 2-1% each. ONGC, NTPC and ICICI Bank were other gainers on the list.

Among the index losers, Gail (India), Sesa Sterlite and Cipla declined between 3-2%, Hero MotoCorp, HDFC Bank, Tata Power, ITC, TCS, Bharti Airtel and L&T slipping between 2-1% each. Reliance Industries, Dr Reddys Lab, Maruti Suzuki, HDFC, Infosys and Coal India were some the other losers.

The market breadth was firm negative with 1,379 shares declining as compared to 1,051 shares advancing while 167 shares remained unchanged.

Tags - Market Pulse, Market Pulse

21 October, 2013

Market Pulse - 21 Oct, 2013

Market Pulse - 21 Oct, 2013Markets closed almost flat in a volatile trading session. The S& BSE Sensex closed tad up by 11 points or 0.05% at 20,893.89. It touched a high of 20,970.92 and a low of 29,768.99 in the intra-day. The CNX Nifty ended marginally up by 15.60 points or 0.25% to 6,204.95. It touched a high of 6,218.95 and a low of 6,163.30 in the intra-day.

Among the sectoral indices, Capital Goods index surged up by 4.19% followed by sectoral indices like Realty, Metal and Power gaining between 3-1%. PSU, Auto, Oil & Gas, Bankex, Consumer Durables and Healthcare were other notable gainers on the list. FMCG and IT were the only sectoral indices declining by 1.22% and 0.53% respectively. From the broader markets, Mid-cap index gained up by 0.86% ans Small-cap index surged up by 1.27% respectively.

Among the index gainers, L&T spurted up by 6.05%, Maruti Suzuki and Hindalco Inds rose up by 3.20% and 3.10% each. Tata Steel, Sesa Sterlite, NTPC and Mahindra & Mahindra gained between 3-1%. Among other notable gainers include Reliance Industries, Coal India, Infosys, ONGC, SBI, Hindustan Unilever and Tata Motors.

Among the index losers, Jindal Steel dropped by 3.66% followed by ITC, TCS, BHEL and Bharti Airtel slipped between 3-1%. HDFC Bank, Dr Reddys Lab, Bajaj Auto, Sun Pharma and Wipro were among other losers on the list.

The overall market breadth ended firm positive with 1,440 shares advancing as compared to 993 shares declining while 161 shares remained unchanged.

18 October, 2013

Market Pulse - 18 Oct, 2013

Market Pulse - 18 Oct, 2013Markets after opening positive in the morning continued its gaining momentum through-out the sessions and closed higher led by Banking sector shares and boosting the sentiment was robust China GDP numbers and continued deferring of QE-3 in the US, which will ensure the liquidity flow towards emerging markets such as India. The S&P BSE Sensex jumped up by 467.38 points or 2.29% to 20,882.89. It touched a high of 20,932.23 and a low of 20,486.78 in the intra-day. The CNX Nifty also rose up by 143.50 points or 2.37% to 6,189.35. It touched a high of 6,201.45 and a low of 6,070.90 in the intra-day trading today.

In the sectoral indices all the indices closed on a positive note with Bankex, Metal and Capital Gooda indices leading the list rising between 4-3%. Following the trend Realty, Oil & Gas, FMCG, Power, PSU, IT, Auto and Healthcare gaining up between 3-1% while Consumer Durables closed marginally up by 0.46%. From the broader markets both the indices Mid-cap and Small-cap ended positively up by 0.99% and 0.66% but were under-performed by the benchmark index.

Among the index gainers, Sesa Sterlite spurted up by 6.05% followed by Tata Steel surging up by 5.92%. ICICI Bank and L&T rising up by 4.44% and 4.19%, HDFC Bank, HDFC, Hindalco Inds, Reliance Industries, Maruti Suzuki, SBI, ITC, Wipro, Bharti Airtel and Dr Reddys Lab gaining between 4-2%. Other major notable gainers include Sun Pharma, Mahindra & Mahindra, NTPC, Tata Motors, Infosys, Tata Power and BHEL.

Among the index losers was only Bajaj Auto which declined by 0.56%.

Overall market breadth today ended firm positive with 1,406 shares advancing as compared to 1,075 shares declining whereas 171 shares remained unchanged.

10 September, 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.

14 August, 2013

Market Pulse - 14 Aug, 2013

Market Pulse 14 Aug 2013Markets closed higher on a positive note led by Oil & Gas and Auto sectors, gaining straight for fourth day in a row. The S&P BSE Sensex rose up by 137.75 points or 0.72% to 19,367.59. The CNX Nifty rose up by 43 points or 0.75% to 5,742.30.

Among sectoral indices, Auto index ended up by 3.10%, Metal Index gained by 3%, Oil & Gas, Consumer Durables, Realty, PSU and Bankex were also on the list of gainers, whereas Capital Goods, IT and FMCG indices slipped down between 0.30-1% respectively.Meanwhile, from the broader markets Mid-cap gained up by .65% while Small-cap ended marginally higher up by 0.20%.

Among index gainers were, Tata Motors spurted up by 9.67%, Hindalco Industries up by 7%, Reliance Industries, ONGC, Tata Steel, Gail (India), Bajaj Auto, Sterlite Industries, ICICI Bank, Tata Consultancy Services and Tata power also ended higher by 1-4.5% each.

Among index losers were, BHEL slipped by 2.30%. L&T, Wipro, Hindustan Unilever, Infosys, HDFC, Bharti Airtel, Dr Reddy's Labs, Jindal Steel and Cipla were some of the losers on the brouse.

Wholesale Price Index inflation rose to 5.79% for the month of July, raising uncertainty over policy action by the RBI (Reserve Bank of India) to support growth. May Wholesale Price Index was revise from 4.70% to 4.58%.

Tata Motors shares zoomed up by 9.67%, after company reported 21% jump in the sales of Jaguar Land Rover globally for the month of July.

The overall market breadth ended positive with 1,274 shares advanced while 1,061 shares declined.

For latest updates on commodity market visit Commodity Pulse.

07 August, 2013

Market Pulse - 7 Aug, 2013

Market Pulse 7 Aug 2013Markets continues to close lower, amid a volatile session on a negative note due to selling pressure witnessed in the Auto and IT sector shares as fears loomed that the US Fedral Reserve may soon scale-back stimulus as economy showed signs of growth recovery. The S&P BSE Sensex slipped 86 points or 0.36% to close at 18,664.88 after touching a high of 18,811.46 and a low of 18,551.35 in the day. While the CNX Nifty closed at 5,519.10, down by 23.15 points or 0.42% after it touched a high of 5,561.45 and a low of 5,486.85 in early trade today.

Among secoral indices FMCG Index closed 1.50%, Auto Index plunged 1.01%, Capital Goods Index slipped 0.40% and IT index ended 1.63% lower, Realty index jumped up by 4.70%, Metals gaining by 3% and Power index closing higher by 2.70% while Oil & Gas and PSU were other gaining sectoral indices on the brouse. The S&P BSE Midcap Index closed 0.70% higher and BSE S&P Smallcap Index rose by 1.34%.

Among major index losers were, HDFC down by 2.95%, Tata Motors fell by 2.96%, ITC down by 2.30%, Sun Pharma dropped by 2.50% and TCS slipped by 2.70%.

Among major index gainers were, Tata Power jumped up by 7.85%, Sterlite Industries gained up by 5%, Tata Steel advanced by 4.58%, BHEL gained by 2.61% and SBI up by 4.40%.

Indian Rupee, is the worst currency of Asia as of now for this year, remained weak today on back of aggressive dollar buying by the banks. At 4PM IST, the currency traded at 60.96 a dollar from Tuesday's close of 61.80 at the Interbank Foreign Exchange Market.

Tata Motors slipped by 2.96%, after company reported a decline in its consolidated net profit at Rs 1,726 crore a fall fall of 25% y-o-y (year-on-year) from Rs 2,245 crore a year ago in the same period, amid missed sales target of Jaguar Land Rover vehicles.

The overall market breadth was positive, 1,249 shares advanced as compared to 1,042 shares declined.

30 May, 2013

Market Pulse - 30 May, 2013

Thu, May 30, 2013 at 16:00 PM
Markets closed positive.
Markets opened negative in the morning session but regained its gaining momentum in late afternoon trades to close positive led by Auto and FMCG sector shares. Sensex ended positive up by 67.76 points or 0.34% at 20,215.40 after opening negative down by 80.70 points or 0.40% at 20,066.94 and touched a high of 20,254.03 and a low of 20,066.14 while Nifty closed up by 19.75 points or 0.32% at 6,124.05 after opening down by 32.15 points or 0.53% at 6,072.15 and touched a high of 6,133.75 and a low of 6,072.15 in the day.

Sectoral wise, Auto index surged up by 2.29%, FMCG gained up by 1.88%, Power advanced up by 0.71% and PSU inched up by 0.12%, while Realty index dropped by 2.39%, Metal declined by 1.11%, Oil & Gas fell by 0.74%, Capital Goods, Healthcare and Bankex down by 0.56% and 0.40%, Consumer Durables and IT fell marginally by 0.16% each. From the broader markets Mid-cap index closed almost flat up by 0.04%, while Small-cap index declined by 0.35%.

Major stock gainers were, Mahindra & Mahindra and Tata Motors Limited surged up by 4.61% ans 4.31%, ITC rose by 3.51%, HDFC, NTPC, HDFC Bank Limited and BHEL gained between 2%-1%, Bajaj Auto, Sun Pharmaceuticals and Bharti Airtel up between 1%-0.50%, Tata Power Company, Maruti Suzuki and Coal India Limited gained between 0.40%-0.20% while Tata Consultancy Services and Hindustan Unilever Limited inched marginally up by 0.10% and 0.08%
Major stock losers were, Cipla Limited dropped by 4.62%, Tata Steel Limited and Hindalco Industries Limited declined by 3.90% and 3.18%, ICICI Bank Limited fell by 2.71%, Hero Motocorp, Larsen & Toubro, Reliance Industries Limited, Jindal Steel & Power Limited and Sterlite Industries Limited fell between 2%-1%, State Bank of India, Wipro Limited, Dr Reddys Laboratories, Infosys and Gail (India) declined between 1%-0.30%, while ONGC marginally down by 0.09%.

Tata Motors Limited surged up by 4.31%, after company reported a strong performance by JLR (Jaguar Land Rover)  erasing its losses at the stand-alone level. The consolidated profit for the quarter ended on March 2013 stood at Rs 3,945 crore against to Rs 3,000 as estimated by the analysts.

Overall market breadth was negative with 1,327 shares declined compared to 1,062 shares advanced while 133 shares remained unchanged.

16 February, 2013

Weekly Pulse - 16 Feb, 2013


Weekly Update - Feb 16, 2013

Markets finished a tad lower.
Markets finished a tad lower for the week ended, amid booking profits in Mid-cap, Small-cap, Real-Estate and Capital Goods sectors. Sensex ended marginally down by 16.62 points or 0.09% at 19,468.15 after recording a high of 19,723.01 and low of 19,381.82, while Nifty closed down by 16.10 points or 0.27% at 5,887.40 after recording a high of 5,969.50 and low of 5,853.90 for the week ended.

According to data released by the Ministry of Commerce and Industry on Thursday, the wholesale price index based inflation dropped to 6.62% in January 2013, the lowest since December 2009, it was the fourth consecutive month when the WPI inflation dropped.

Tata Motors Limited's reported that its consolidated net profit plunged by 52% to Rs 1,627 crore for the quarter ended December 2012. This is he lowest net profit posted by the company in three years. It's standalone performance recorded its first net loss in four years at Rs 458 crore for the quarter under review, compared to a net profit of Rs 173 crore a year ago. Company said that, slowing demand and rising competition is the main reason for dismal performace. However, the stock gained by 6.48% for the week ended.

Unitech fell by 13.5%, after the Central Bureau of Investigation (CBI) suspected that its own prosecutor of aiding Unitech, managing director Sanjay Chandra, one of the accused in the 2G case. The company has reported better than expected results for third quarter ended December 2012, and stated that its net profit has jumped by 52.43% to Rs 84.17 crore due to higher sales realisation and lower finance cost.

State Bank of India has posted disappointed result as compared to market's expectations. The company has posted a mere 4% increase in net profit at Rs 3,396 crore for the quarter ended December 2012, due to fall in net interest income. It has declined by 2.32% on weekly basis.

Hindalco Industries has reported a drop in net profit about 4% for the quarter ended December 2012. Its standalone profit stood at Rs 434 crore as compared to Rs 451 crore in the corresponding quarter last year.


Weekly Update
Top Gainers
Company NameCurrentPrevious Close% Change
Tata Motors304.05285.556.48
Sun Pahrmaceutical Industries Ltd786.10744.055.65
HDFC Bank Limited674.85649.653.88
Coal India Limited349.65339.153.10
ONGC321.80313.452.66
Hindustan Unilever461.40452.302.01
Mahindra & Mahindra897.30882.801.64
NTPC150.00148.001.35
Tata Consultancy Service1441.101423.251.25
Gail (India)337.65335.900.52
HDFC810.85808.000.35
Cipla Limited381.90380.900.26
Top Losers
Company NameCurrentPrevious Close% Change
Maruti Suzuki Limited1472.751588.307.28
Jindal Steel & Power Limited386.30412.656.39
Larsen & Tourbo1443.951509.354.33
Bajaj Auto Limited1974.002043.803.42
Wipro Limited398.85411.453.06
Hero Motocorp Ltd1675.801724.052.80
Tata Steel Limited375.95386.702.78
State Bank of India2233.252286.402.32
Reliance Industries Limited844.85864.202.24
Dr. Reddy's Laboratories1818.051856.502.07
Sterlite Industries Limited99.25101.251.98
BHEL205.15208.501.61
Bharti Airtel Limited316.25321.101.51
ICICI Bank Limited1123.451130.100.59
Tata Power Company96.7097.100.41
ITC Limited300.70301.650.31
Infosys2785.202788.300.11

15 February, 2013

Market Pulse - 15 Feb, 2013


Fri, Feb 15, 2013 at 17:30 PM
Markets closed lower on profit booking.
Markets ended the day lower, amid profit booking in index heavy-weights, after opening weak in the morning and traded in a narrow range through the session. Sensex closed down by 29.03 points or 0.15% at 19,468.15 after touching day's high of 19,512.89 and low of 19,381.82, while Nifty ended down by 9.55 points or 0.16% at 5,887.40 after touching day's high of 5,899.95 and low of 5,853.90.

Sectoral wise, Oil & Gas ended down by 0.83%, IT closed down by 0.58%, Healthcare closed down by 0.30%, Consumer Durables ended down by 0.14%, Capital Goods and Metal both index closed down by 0.13%, while PSU and Real-Estate tad down by 0.06-0.04% each, Auto index ended up by 0.43%, Bank closed up by 0.21% , FMCG ended up by 0.11%, while Power index ended unchanged. Whereas from Broader market Mid-cap closed up by 0.28% and Small-cap ended down by 0.64%.

Major stock gainers were, Tata Motors closing up by 2.48%, Tata Power gaining up by 1.79%, Bharti Airtel up by 1.23%, Sterlite Industires gained up by 1.22%, Gain (India) and Sun Pharmaceuticals gaining up by 0.99%-0.94% each, State Bank of India up by 0.85, Wipro Limited gained up by 0.73%, BHEL and NTPC gaining by 0.44%, Hero Motocorp up by 0.40%, Larsen & Tourbo marginally gained up by 0.12%, while tad up by ONGC 0.05%.

Major stock losers were, Dr. Reddy's Laboratories dropped by 3.55%, Bajaj Auto fell by 1.41%, Tata Steel down by 1.21%, Reliance Industries Limited down by 1.20%, Infosys declining by 0.99%, Jindal Steel down by 0.96%, Maruti Suzuki and Mahindra & Mahindra down by 0.81% -0.80% each, Hindalco Industries down by 0.68%, Hinduatan Unilever down by 0.61%, Tata Consultancy Limited fell by 0.41%, HDFC down by 0.39%, Coal India Limited down by 0.38%, ITC fell marginally by 0.17%, while ICICI Bank and HDFC Bank tad down by 0.04-0.01% each.

United Breweries closed higher by 4%, on clarification made by company that brand "Kingfisher" has not been hypothecated or pledged by company to any lender to secure its loans and no shares of the company are pledged to the lenders of Kingfisher Airlines.

Ess Dee Aluminium spurted up by 17%, after it reported that it is exploring new strategic options including joint ventures, partnership as well as technology upgradation.

Suzlon Energy drowned by 9%, after it reported its third quarter ending December 2012 (Q3) loss of Rs 1,155 crore due to liquidity constraints.

LIC Housing Finance ended down by 2%, after reporting disappointing results for the third quarter ended December 31, 2012 (Q3).

Overall market breadth was negative, of 2,964 shares traded 1,221 shares declined compared to 892 shares advanced, while 851 shares unchanged.

Fri, Feb 15, 2013 at 15:30 PM
Markets ended lower.
Markets ended lower, amid volatility led by weakness an Oil & Gas and IT sector. Sensex closed down by 62 points at 19,435 (provisionally), while Nifty ended down by 20 points at 5,877 (provisionally).

Fri, Feb 15, 2013 at 12:30 PM
Markets trading subdued in a narrow range.
Markets continued to trade subdued in a narrow range, amid selling pressure across all the sectors. Sensex is declined by 70 points at 19,427, while Nifty is down by 28 points at 5,869.

Dr Reddy's Labs declined by 2%, after it was downgraded by Bank of America Merrill Lynch to neutral with a target price of Rs 1,975 after dismal performance in the third quarter. Bajaj Auto, Tata Steel, Jindal Steel, Reliance Industries, Cipla, Coal India, Maruti Suzuki, Infosys, Bharti Airtel and Wipro are also some of the scrips trading weaker between 1-1.6% each.

Whereas, Sun Pharmaceutical, Tata Power, NTPC, HDFC Bank, GAIL (India), BHEL, ONGC and Sterlite Industries are some of the notable gainers.

Sectoral wise, all indices are trading negative. Realt-Estate index being the top loser down by 1%, followed by Oil & Gas, IT, Consumer Durables, Metal, Auto and Healthcare indices too are trading weak down between 0.4-1% respectively. Broader markets is too weak and trading negative with Mid-cap down by 0.4% and Small-cap fell by 1%.

Overall market breadth is negative, of 2,610 shares traded 1,687 shares declined compared to 802 shares advanced, while 110 shares unchanged.

Fri, Feb 15, 2013 at 10:30 AM
Markets trading lower.
Markets trading lower, amid heavy weights are under pressure. Sensex is down by 69 points at 19,428, while Nifty is down by 26 points at 5,871.

Sector wise, all sectors were trading weak.

United Breweries spurted up by over 4%, after falling 15% in past six trading sessions on clarification that brand "Kingfisher" has not been hypothecated or pledged by company to any lender to secure its loans and no shares of the company are pledged to the lenders of Kingfisher Airlines.

Fri, Feb 15, 2013 at 09:30 AM
Markets opened lower
Markets opened lower, tracking weak global cues. Sensex opened down by 47.35 points or 0.24% at 19,449.89 is now current at 14,457.84 down by 39.34 points or 0.20%, while Nifty opened weak by 27 points or 0.46% at 5,869.95 is now current at 5,883.60 down by 13.35 points or 0.23%.

13 February, 2013

Market Pulse - 13 Feb, 2013


Wed, Feb 13, 2013 at 17:30 PM
Markets closed positive after paring morning gains.
Markets closed marginally positive on a firm note with buying in IT and Auto indices. Sensex closed up by 47.04 points or 0.24% at 19,608.08, after touching days high of 19,723.01 and low of 19,574.15, while Nifty ended up by 10.45 points or 0.18% at 5,932.95 after touching days high of 5,969.50 and low of 5,922.95.

Sector wise, IT index ended up by 1.29%, followed by Auto and Oil & Gas indices up by 0.29% and 0.12% each. Whereas Power index closed down by 1.56%, Metal and Real-Estate ended down by 1.25%-1.15% respectively. Consumer Goods, FMCG, PSU, Consumer Durables, Bank and Healthcare too closed weak between 0.89%-0.19% respectively. In broader market, Mid-cap and Small-cap closed down by 0.28% and 0.46% each.

Major stock gainers were, Tata Motor gained up by 2.11%, HDFC and ICIC Bank up by 1.79% and 1.19%, Mahindra & Mahindra gaining up by 1.59%, Tata Consultancy Service and Infosys gained up by 1.59% and 1.26%, Bharti Airtel up by 1.18%, ONGC gained up by 1.08%, Coal India, Sun Pharmaceuticals, NTPC and Reliance Industries up between 0.80%-0.26%, while ITC tad up by 0.03%.

Major stock losers were, Sterlite Industries dropped by 2.79%, Bajaj Auto and Hero Motocorp down by 2.75% and 0.55%, Tata Power down by 2.68%, Tata Steel and Jindal Steel fell by 2.18%-0.71% each, Gail (India) down by 1.96%, State Bank of India down by 1.83%, Hindalco Industries fell by 1.82%, BHEL down by 1.53%, Maruti Suzuki dropped by 1.48%, Hindustan Unilever and Cipla fell by 1.26% and 1.22% respectively, while Larsen & Tourbo, Wipro Limited, Dr Reddy's Laboratories and HDFC Bank fell between 0.82%-0.14% respectively.

Tata Motors jumped up by 2.1%, after it reported sales jumped 32% to 34,877 vehicles in Jaguar Land Rover (JLR) car unit for the month of January 2013.

Infosys gained up by 1.3%, on reports that it had signed a joint research collaboration agreement with National ICT Australia (NICTA) to modernise aging technology systems for cloud computing. Together they will be working in the ares like, optimising infrastructure and disaster management, logistics and smart grids as well as other emerging technologies.

Reliance Industries Limited gained up by 0.3%, after it reported that it has planned a scheduled maintenance at Jamnagar complex in Gujarat, one crude distillation unit of its SEZ refinery for a period of approximately 4 weeks starting from 18 February 2013.

Overall market breadth was negative with 1,229 shares declining compared to 892 shares gaining, while 852 shares were unchanged.
Wed, Feb 13, 2013 at 10:30 AM
Markets trading in a narrow range.
Markets, trading choppy in a narrow range after opening firm up in the morning. Sensex up by 37 points or 0.19% at 19,598, while NIfty up by 6 points or 0.1% at 5,928.50.

Sector wise, Real-Estate index dropped down by 5.7%, Power, IT amd Metal indices are also weak. In broader market Mid-cap and Small-cap indices down by 0.6% and 0.3% each.

ONGC gained up by 3%, after it reported a net profit of Rs 5,563 crore for the third quarter ended December 31, 2012 (Q3) due to lower than expected subsidy sharing. Dr Reddys Laboratories, Sun Pharmaceuticals and Bajaj Auto gaining up 1% each. ICICI Bank, HDFC and HDFC Bank were some of other key movers. On the other hand, Jindal Steel slipped down by 2%, Sterlite Industries, Tata Power and Infosys also down by 1.5% each.

Overall market breadth turned negative, of 2,097 shares traded 1,175 shares declining compared to 834 shares declining.
Wed, Feb 13, 2013 at 09:30 AM
Markets opened firm.
Markets opened positive taking cues from global market, amid buying interest in Oil & Gas and Auto indices. Sensex firm up by 101 points or 0.52% at 19,662 after opened up by 40.65 points or 0.21%, while Nifty gained up by 29.50 points or 0.50% at 5,952 after opened up by 20.65 points or 0.35%.

Sectoral wise, Real-Estate, Auto, Oil & Gas, IT, Consumer Durable indices gaining up by 1% respectively, while FMCG and Metal indices are marginally down.

Overall market breadth is positive with 875 shares advanced compared to 415 shares declined.

02 February, 2013

Weekly Pulse - 02 Feb, 2013


Weekly Update - Feb 02, 2013

Markets ended negative.
Markets closed down by over 1%, amid profit booking in Auto and Bank sectors after RBI at its policy meet struck a cautious note on further easing as it awaits governments plan to control the rising fiscal deficit and said that inflation continues to remain above its comfort zone. Sharp reduction in growth forecast by RBI for 2012-13 also aided weighed on market sentiment. Sensex closed down by 322 points or 1.6% at 19,871, while Nifty closed down by 76 points or 1.2% at 5,999.

Barring Pharma, FMCG and Consumer Durables sectors, profit booking was seen in all other sector with Capital Goods being the top loser, followed sectors were Oil & Gas, Auto, Power and Real-Estate. However, the Mid-cap index ended down 0.1%, while the Small-Cap index ended 1.2% lower.

Bharti Airtel closed down by 8.1%, after it's profit fell for the twelfth quarter in a row and missed estimates by a wide margin, dragged down by higher costs. The company saw its net profit fall to Rs 284 crore in the third quarter that ended December 31, from Rs 1,011 crore a year earlier.

Bharat Heavy Electricals ended down by 1.8% after reporting 18% year-on-year (yoy) drop in its net profit at Rs 1,182 crore for the third quarter ended December 31, 2012 (Q3) on account of lower operational income. The company's total order book position has declined to Rs 113,700 crore at the end of December 2012 quarter from Rs 122,300 crore as on September 2012 (Q2).

L&T ended down by 4.5% on profit taking after the stock rose post the announcement of its third quarter earnings last week on the back of encouraging order book position. The company said its order inflow grew 14% year-on-year (yoy) at Rs 19,545 crore during the October-December quarter (Q3).

State Bank of India closed down by 4.1% on profit taking after recent gains. The bank reduced its base rate by 5 basis points to 9.7% and the benchmark prime lending rate by 5 basis points to 14.45%. The bank has also lowered interest rates on home loans.

ICICI Bank ended marginally lower. Bank said its consolidated net profit for the quarter ended December 31, 2012 increased by 22% from a year earlier to Rs 2,645 crore on the back of improved financial performance of banking and life insurance businesses.

Tata Motors closed down by 5.3% on concerns over JLR sales. Last week, the company said that sales for JLR, which accounts for a majority of Tata Motors' profits, have slowed significantly over the past quarter. Meanwhile, the stock crashed over 10% in intra-day trade on Friday. The trades, which happened in the last 30 minutes of Friday’s trading on both the exchanges, were executed at prices below the market rates, resulting in both these stocks tumbling as much as 10% before trimming losses. An NSE official said the orders were within the exchange’s limits and came from a single broker. The official clarified these were not freak trades, but clarified the exchange would look into the matter.

Other losers in the financial space, HDFC Bank ended 4.7% lower, HDFC slipped 3.3% and ICICI Bank ended marginally lower after rising to Rs 1,200 levels.

Metal shares were also among the top losers during the week under review. Jindal Steel, Hindalco, Tata Steel, Sterlite Ind ended down 0.2-4% each.

Companies that will announce their third quarter earnings next week include, Bank of Baroda, Cipla, Tech Mahindra, ACC, Ambuja Cement, Hindalco Industries, M&M and Sun Pharma among others.

The RBI in its third quarter monetary policy review on Tuesday surprised the market by cutting short-term lending rate called repo by 0.25% to 7.75% and Cash Reserve Ratio (CRR) by similar margin to 4%, releasing Rs 18,000 crore primary liquidity into the system. The Reserve Bank of India lowered its growth projection as new investment demand continues to remain subdued. The banking regulator now expects the domestic gross domestic product (GDP) growth at 5.5% in the current financial year. It had earlier projected 6.5% growth in July, 2012. But lowered it to 5.8% three months later as investment demand slowed, consumption spending moderated and export performance eroded. Growth in Indian manufacturing slowed to a three-month low in January, as new export orders lost momentum, a business survey showed on Friday, underscoring the risks to India's economy from weak global demand, particularly in Europe.

01 February, 2013

Market Pulse - 01 Feb 2013


Fri, Feb 01, 2013 at 16:30 PM
Markets closed lower.
Markets closed lower for second consecutive session, on concerns over growth slowdown, led by losses in rate sensitives indices like Bank, Metal and Capital Goods. Risk appetite was also frail after index stocks such as Bharti Airtel Limited and Bharat Heavy Electricals Limited posted below estimate Oct-Dec results exacerbating growth woes. Sensex closed down by 101.80 points or 0.51% at 19,793.18 after touching a high of 19,966.69 and low of 19,736.45, while Nifty closed down by 30.15 points or 0.50% at 6,004.60, after tapping a high of 6,052.95 and low of 5,983.20 intraday today.

Sector wise, barring FMCG, Healthcare and Power indices which were up by 0.21%, 0.78% and 0.06% respectively, all other indices were trading negative. Real-Estate was the leading laggard down by 1.16%, followed were Auto, Bank, Metal, PSU and IT down between 0.98-0.41%. Mid-cap and Small-cap index were also dwon by 0.06% and 0.21% each.

Major stock gainers were, Maruti Suzuki gained by 1.65%, Cipla and Dr Reddy's rising by 1.58% and 1.4% respectively, Bajaj Auto up by 1.26%, Reliance Industries gaining up by 0.78%, Coal India, ITC, TCS and Sun Pharma rising by between 0.78-0.2%.

Major stock losers were, Tata Motors drowned by 4.36%, DLF fell by 2.62%, Bharti Airtel fell by 2.62%, ONGC down by 2.12, Sterlite Industries and Hindalco Industires dropped by 1.99 and 1.71% respectively, Jindal Steel fell by 1.15%, HUL down by 1.68%, ICICI Bank and SBI Bank down by 2% and 0.5%, BHEL down by 1%, Larsen & Toubro shedding by 0.5%.

Bharti Airtel slipped by 2.6%, after posting disappointing set of numbers. Bharti Airtel fell for the twelfth quarter in a row and missed estimates by a wide margin dragged down by higher costs, it has posted a 72% decline in its profit for the third quarter ended December 2012. Bharti Airtel's consolidated net profit fell to Rs 284 crore in the third quarter that ended December 31, from Rs 1,011 crore a year earlier.

Jet Airways swung back into profit of Rs 85 crore for the third quarter ended December 2012 mainly due to rising fares in an under-serviced market and on lower costs. In the same period a year ago its net loss was Rs 101 crore. The stock ended marginally up by 0.1%.

Oil India's $575 million share auction was fully covered on Friday, (provisional) data from the National Stock Exchange showed. Shares of OIL fell by 2.5%.

Bharat Heavy Electricals Ltd, fell by 1% after it missed analyst estimates with a 17.5% fall in third-quarter net profit, hit by a slowdown in new orders, sending its shares down more than 4%.

Overall market breadth turned negative, of 2,987 stocks traded, 1,149 stocks declined compared to 954 gained.

Fri, Feb 01, 2013 at 15:30 PM
Markets ended lower.
Markets ended lower led by drop in rate-sensitive sectors such as Banks, Real-Estate amid concerns over economic growth slowdown. Sensex fell by 105.73 points (provisionally) ended at 19,789.25, while Nifty declined 30.15 points to end at 6,004.60 (provisional).

Fri, Feb 01, 2013 at 14:00 PM
Markets trading lower.
Market continues to trade lower, amid selling pressure Bharti Airtel and Bharat Heavy Electricals Limited. Sensex down by 86 points at 19,809, while Nifty declined 27 points at 6,007.

Sectoral wise, Consumer Durables, Healthcare, Oil & Gas, Power indices gained, while Real-Estate, Banks, IT, Capital Goods declined. Whereas, Mid-caps and Small-caps inched up by 0.1% each.

Major stock movers are, Maruti Suzuki gaining by 2%, Cipla & Dr Reddy's Lab rising by 1.5%, Bajaj Auto up by 1.3%, Reliance Industries up by 0.6% ,Sun Pharma up by 0.5%. Whereas, BHEL down by 2%, Sterlite Industries and Hindalco Industries down by 0.5% and 1.5% respectively, HUL dropped by 1.4%, Bharti Airtel down by 1.5%, ICICI Bank and SBI Bank down by 1% and 0.3%, Larsen & Toubro fell by 0.2%.

Fri, Feb 01, 2013 at 13:00 PM
Markets turn negative.
Markets extended its losses in noon session. Sensex down by 52 points at 19,843, while Nifty down by 18 points at 6,016.

Sector wise, Real-Estate and Capital Goods indices have declined almost by 1% each followed by indices like FMCG, Power, IT, Banks and PSU, all declining marginally, however, Consumer Durable index surged over by 2%.

Major stock movers are, BHEL down almost by 5%, Bharti Airtel down by 2.4%, HUL, Hero Moto, Tata Motors, Hindalco, HDFC Bank, Infosys and L&T were other losers on the list. Maruti Suzuki has gained over by 2%, Bajaj Auto, Cipla and Dr. Reddys Lab have gained between 1-2%.

Yes Bank is trading higher by 2.3%, after signing a memorandum of understanding (MoU) with the International Finance Corporation (IFC) to jointly create a private equity (PE) fund that will make investments across sectors in North-Eastern States.

Bharat Heavy Electricals Limited (BHEL) dipped almost 5%, after reporting 18% year-on-year (yoy) drop in its net profit at Rs 1,182 crore for the third quarter ended December 31, 2012 (Q3) due to lower operational income.

Bharti Airtel has slipped by 2.4% after posting disappointing set of numbers. Profit at Bharti Airtel Ltd, India's top mobile network operator, fell for the twelfth quarter in a row and missed estimates by a wide margin, dragged down by higher costs.

Kennametal India has tanked over by 12%, extending its previous day’s 6% fall after its US-based parent-promoter announced plans to cut stake in the company from the current 88.61% to comply with the SEBI norms on minimum public share holding requirements.

Overall market breadth remains neutral with 1,284 shares advancing and 1,205 shares declining.

Fri, Feb 01, 2013 at 12:00 PM
Markets turn negative.
Markets pared off early gains and is trading almost flat. Sensex, after touching a high of 19,967 is trading flat at 19,897, while Nifty almost flat at 6,035.

Sector wise, Consumer Durables gained by 2%, Metal, Healthcare, Oil & Gas and Capital Goods indices advanced substantially in trades, while Real-Estate index is down by 1%, Bank and FMCG indices are also showing some weakness. Whereas, Mid-cap and Small-cap are positive and up by 0.5% each.

Major stock movers are, Bharti Airtel has managed to recover from its lows and is now trading flat, HUL is down by 1.5%, Hero MotoCorp, ITC, HDFC Bank are also trading weak. Whereas, Cipla, Bajaj Auto and Maruti Suzuki are up between 1-2% each, while Reliance, Jindal Steel and Larsen & Toubro are some of the other gainers.

Overall market breadth is positive, of 2,359 stocks traded, 1,281 stocks have advanced while 967 stocks have declined.

Fri, Feb 01, 2013 at 11:00 AM
Markets trading positive.
Markets continued to trade positive, however it has pared off early morning gains. Sensex is up by 13 Points at 19,919, Nifty is up by 8 points at 6,042.

Sector wise, Consumer Durables spurted up by 2.2%, Metal, Healthcare, Oil & Gas and Capital Goods indices advanced substantially, while Real-Estate is down by 0.4%, FMCG is also trading weak. Mid-Cap and Small-Cap indices are trading marginally up by 0.5% each.

Major Stock movers are, Bharti Airtel has slipped down by 2.7%, HUL down by 1%, Hero MotoCorp, ITC, HDFC Bank are other stocks trading in negative. Suzlon Energy spurted up by 5%, Cipla, Bajaj Auto and Maruti Suzuki are up between 1-2% each, while Reliance Industries, Jindal Steel and Larsen & Toubro are other gainers.

Bharti Airtel, down by 2.7%, after posting dissapointing set of numbers. Profit at Bharti Airtel Ltd, India's top mobile network operator, fell for the twelfth quarter in a row and missed estimates by a wide margin, dragged down by higher costs. The company saw its net profit fall to Rs 284 crore in the third quarter that ended December 31, from Rs 1,011 crore a year earlier.

Suzlon Energy has soared 5%, extending its previous day’s 16% rally, after the company said it has signed 138 megawatt (MW) firm order in South Africa.

Videocon Industries has rallied by 8%, on back of heavy volumes in morning deals on reports that ONGC Videsh Limited, the overseas arm of Oil & Natural Gas Corporation (ONGC), eyes Videocon Industries' 10% stake in Mozambique's Rovuma offshore block.

Overall market breadth is positive, of 2,055 shares traded, 1,231 shares advanced compared to 741 shares declined.

Fri, Feb 01, 2013 at 09:30 AM
Markets open positive.
Markets opened marginally up, with Sensex gaining up by 23 points or 0.1% at 19,998, while Nifty gaining up by 5.05 points or 0.08% at 6,039.80.

Consumer Durables, Pharma, Oil & Gas, Capital Goods, and Power were indices which gained, while FMCG, Bank, Real-Estate were trading a bit subdued.

Bajaj Auto has spurted up by 2%, Tata Steel and Cipla are up around by 1.5% each. Tata POwer, Sterlite Industries and Hindalco Industries are also trading positive. SBI, however is trading flat with a positive bias, while Bharti Airtel is up by 0.5%. Whereas, Hindustan Unilever has slipped down by 0.8%, Hero MotoCorp is down by 0.7%, followed by Tata Motors and Mahindra & Mahindra, HDFC Bank and ICICI Bank are down 0.3% each.

Overall market breadth is positive, of 1,490 stocks traded, 968 shares have advanced compared to 453 shares declined.

24 January, 2013

Market Pulse - Jan 24, 2013


Thu, Jan 24, 2013 at 17:00 PM
Markets closed negative.
Markets ended the day lower, after opening flat, amid selling pressure in broader indices Mid-cap and Small-cap which slipped down by 2.51% and 2.44% respectively. Sensex closed down by 102.83 points or 0.51% at 19,923.78, while Nifty closed down by 34.65 points or 0.58% at 6,019.35.

Sector wise, barring IT and FMCG sector which was up by 0.37% and 1.03%, all other sectors fell down. Auto and Real-Estate sector dropped by 2.51% and 4.19%, while PSU, Healthcare, Bank, Metal and Power were down between 0.69-1.97% respectively. Broader market was also down, Mid-cap down by 2.51% and Small-cap fell by 2.44%.

Major stock gainers were, HUL and ITC gaining by 1.86% and 1.64%, L&T up by 1.56%, TCS, Wipro and Infosys up between 1.06-0.30%, ONGC inched up by 1.01%, while HDFC Bank and Sun Pharma up by 0.31% and 0.15% respectively.

Major stock losers were, Tata Motors drowned by 5.91%, following was GAIL (India) down by 4.66%, Cipla down by 3.67%, Hindalco Industries, Sterlite Industries and Jindal Steel fell by 3.39%, 2.53% and 1.64% respectively, Maruti Suzuki down by 2.39%, Tata Power down by 2.32%, Coal India and Bharti Airtel fell by 1.84% and 1.70% each.

HDIL's market capital of almost Rs 1,565 crore has been wiped out after promoter Sarang Wadhawan sold 5 million shares or 1% stake, worth Rs 57 crore in secondary markets on Tuesday, thus reducing his stake to 0.99% from 2.19%.

Tata Motors has drowned over 6%, after the company said that EBITDA or operating margin for December quarter (Q3) is likely to be slightly lower than in the previous two quarters.

Oil and Natural Gas Corporation (ONGC) has rallied up to 6% and ended 1% higher on reports that the government may raise the gas prices.

Reliance Communications fell 9%, after reporting a 43% year-on-year (yoy) decline in its consolidated net profit at Rs 105 crore for the third quarter ended December 31, 2012 (Q3), due to higher financial charges.

Overall market breadth was negative, of 2,985 stocks traded, 1,503 stocks declined compared to 482 advanced.

Thu, Jan 24, 2013 at 15:30 PM
Markets ends lower.
Markets ended the day lower, after opening flat, amid selling pressure in broader indices which slipped down by nearly 2%. Sensex closed down by 94.58 points or 0.47% at 19932.03 (provisionally), while Nifty closed down by 34.95 points at 6,019.35 (provisionally).
Thu, Jan 24, 2013 at 11:30 AM
Markets trading subdued.
Markets continued to trade in the negative zone amid selling pressure in Auto and Real-Estate sectors. Sensex slipped down by 109.23 points or 0.55% at 19,917.38, while Nifty down by 36 points or 0.6% at 6,018.

Sector wise, except for IT and FMCG sector up by 0.73% and 0.77%, all other sectors are in negative between 0.29-1.23%. Auto and Real-Estate sector are feeling selling pressure and down by 3.13% and 3.34% each.

Major stock gainers at this hour are, ONGC up by 1.74%, Wipro up by 1.30%, TCS up by 1.23%, HUL up by 1.20%, ITC up by 1.16%, Infosys and HDFC Bank up by 0.48 and 0.47 each.

Major stock losers at this hour are, Tata Motors tanked by 7.42%, Gail down by 3.40%, M & M down by 2.61%, Cipla down by 2.14%, Sterlite Industires and Hindalco Industires fell by 2.13% and 1.61% respectively, L&T down by 2.06%, Tata Power down by 1.68%, Bharti Airtel down by 1.43%, DLF down by 1.17% respectively.

Overall market breadth is negative, of 2,510 stocks traded, 1,821 shares declined compared to 592 shares advanced.

Thu, Jan 24, 2013 at 10:30 AM
Markets turns negative.
Markets turned negative after opening flat, amid selling in index heavyweights. Sensex is down by 130 points at 19,896, while Nifty down by 43 points at 6,011.

Sector wise, baring IT and FMCG sector up by 0.83% and 0.58%, all other sectores are trading in negative zone. Mid-cap and Small-cap too are negative down by 1.70% and 1.50% respectively.

Major stock gainers are, TCS, Wipro and Infosys up between 0.7-1.5%, ITC and HUL gaining by 0.9% and 0.4%, ONGC up by 1.4%, Dr Reddys Lab up by 0.8% and HDFC Bank up by 0.3% respectively.

Major stock losers are, Tata Motors tanking by 7%, Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp and Bajaj Auto down between 0.6-2%, Sterlite Industries, Hindalco Industries, Jindal Steel and Tata Steel down between 1-2.5% respectively. Other notable losers are Gail India, L&T, Cipla, Tata Power, NTPC, Bharti Airtel, BHEL and Reliance Industries down between 1-4%.

Overall market breadth is negative, of 2136 stocks traded, 1631 stocks declined compared to 505 stocks advanced.

Thu, Jan 24, 2013 at 09:30 AM
Markets open higher.
Markets opened marginally higher, Sensex up by 21 points at 20,047, while Nifty up by 4 points at 6,058.

Sector wise, Oil & Gas, PSU, FMCG and IT edged higher, while Auto declining.

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