December 31, 2012

Market Pulse - Dec 31, 2012

Mon, Dec 31, 2012 at 17:00 PM
Markets end flat on global worries.
Markets ended marginally lower as investors remained cautious over US lawmakers not reaching a deal in time to avert the fiscal cliff. Sensex ended down 18 points at 19,427, while Nifty slipped three points at 5,905. Both benchmark indices closed in redin final session for the calendar year 2012, however, both the benchmark indices gained over 25% each in 2012. Sensex and Nifty gained 25.7% and 27.7%, respectively.

Sectoral wise, Realty index jumped 1%, Consumer durables, PSU and Power index were also in the green. Auto index was mixed, while IT index endd lower amid US fiscal cliff.

Among gainers stock, Tata Power, Hindalco, ONGC, Gail And NTPC were noticeable. Tata Motors advanced by 1%. Hero MotoCorp and Mahindra & Mahindra also advanced marginally, while Wipro added 0.80%.

Among looser stock, Larsen & Toubro dropped 0.7%, followed by Cipla, Maruti Suzuki, HDFC and Sun Pharma, while TCS shedding 0.5%.

FMCG shares slipped marginally, after statement from Ministry of Agriculture saying, the sowing of rabi or winter crop is picking up, while sowing of coarse cereals and oilseed crops is higher, after trading hours on friday, ITC down by 0.8%, while Hindustan unilever mangaed to hold gains and closed up by 0.8%.

Shares in Bharti Infratel rose 1% to Rs 193 after the FTSE said on Friday it would include the mobile tower company to its large cap index starting on January 7, with an investability weighting of 9%.

Indian Overseas Bank is planning to raise funds by way of rights issue. The bank informed the BSE that the board has decided that they will be going for a rights issue of 20 crore equity shares of face value of Rs 10 each at a premium to be decided based on the market conditions. Shares of IOB ended up 0.6% at Rs 85.65.

Going forward, markets would be looking at the HSBC India Manufacturing PMI, which gauges the business activity of India's factories, for December 2012 on Wednesday. This will be unveiled by Markit Economics.

BSE market breadth was marginally positive. Out of 3,013 stocks traded, 1,591 shares advanced while 1,296 shares advanced.

Total market turnover on both the Bombay Stock Exchange and National Stock Exchange was Rs 79,000 crore. On the Bombay Stock Exchange, turnover in the cash segment amounted to Rs 1,780 crore while the derivatives segment registered a turnover of Rs 20,944 crore. On the National Stock Exchange, turnover in the cash segment was Rs 7,531 crore while the turnover in the derivatives segment was Rs 48,895 crore.

Mon, Dec 31, 2012 at 15:30 PM
Markets ended marginally lower.
Markets after starting on a slightly listless note, stayed side ways through the session ahead of worries about US fiscal cliff. Sensex ended at 19,418.10 (provisional) with a loss of 26.74 points or 0.14%, while Nifty closed at 5899.65, down 8.70 points or 0.15%.

Capital Goods, FMCG and IT stocks were mostly subdued. Realty, PSU, Power and Automobile stocks found support, while Metal, Healtchare, Bank and Oil stocks mostly ended flat.

Mid-caps were subdued, while some small-cap stocks posted strong gains.

The market breadth was slightly positive.

Mon, Dec 31, 2012 at 14:30 PM
Markets continue lackluster trades
Markets continued to trade negative as worries over US fiscal cliff, as US lawmakers might not reach a deal in time to avert US fiscal cliff, which is due to begin effect tomorrow. Sensex is down by 26 points at 19,418, while Nifty has slipped by 8 points at 5,900.

Sectoral wise, Realty index jumped by 1.13%, Consumer Durables, PSU and Power were also in the green. Auto stocks were mixed ahead monthly sales data for December 2012, with Tata Motors has adding 0.7%, and Hero MotoCorp and Mahindra & Mahindra also advanced marginally.

IT stocks were mostly lower amid concerns about upcoming US fiscal cliff, IT index was down by 0.12%. TCS and Infosys shed half a per cent each, while Wipro added 1.4% to Rs 397. HDFC dropped by 0.6%, followed by Cipla, Maruti Suzuki, Larsen & Toubro and Sun Pharma.

From the gainers - Tata Power, Hindalco, ONGC, Gail And NTPC were noticeable.

Mon, Dec 31, 2012 at 09:30 PM
Markets opened marginally positive.
Markets have opened positive, and declining a bit, is now trading flat in opening trades, amid cautious move by the investors. Sensex, is up by 12 points or 0.06% at 19,456.84 after declining to 19,423, while Nifty is down by 3.40 or 0.06% at 5904.60

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