Markets closed marginally negative.
Markets closed lower weighed by profit booking in index heavy weight ITC. Sensex ended marginally down by 24.20 points or 0.12% at 19,460.57 after touching day's high of 19,543.44 and low of 19,416.94, while Nifty closed down by 5.65 points or 0.10% at 5,897.85 after touching day's high of 5,924.15 and low of 5,879.10.
Sectoral wise, Capital Goods, IT, FMCG, Oil & Gas ended down between 0.2-0.9%, while Bank, Power, Real-Estate, Healthcare and Consumer Durables closed positive between 0.2-0.8% respectively. From broader markets, Mid-cap and Small-cap closed down by 0.20% and 0.35% each.
Major stock gainers were, Cipla Limited gained up by 3.62%, Dr Reddys Labarotaries up by 2.45%, Hindalco Industries and Sterlite Industires up by 2.14% and 2.07%, Hindustan Unilever Limited gained up by 1.88%, Tata Motors up by 1.77%, HDFC Bank gained by 0.95%, Sun Pharmaceuticals Limited up by 4.80%, Tata Power, Reliance Industries Limited, State Bank of India and Bajaj Auto up between 0.51-0.21%, while Infosys tad up by 0.08%.
Major stock losers were, Maruti Suzuki, ONGC and Jindal Steel down by 1.64-1.60%, Bharti Airtel fell by 1.57%, HDFC and Larsen & Tourbo down by 1.27-1.26% each, ITC down by 0.85%, Hero Motocorp and Mahindra & Mahindra down by 0.83-0.27% respectively, ICICI Bank, TCS, GAIL (India), BHEL, Wipro Limited, Tata Steel and NTPC fell between 0.67-0.30%, while Coal India tad down by 0.12%.
Among other stocks, MMTC spurted by 19%, State Trading Corporation of India spurted by 20%, National Fertilisers, Hindustan Copper, HMT, RCF and Dredging Corporation of India gained between by 3-12%.
Cochin Minerals and Rutile was locked in lower circuit of 20%, after it reported net profit of Rs 9.55 crore for the quarter ended December 31, 2012 due to lower operational income and higher raw material cost.
SKS Microfinance was locked in upper circuit of 10%, after the company said it concluded two highest rated micro-finance securitization transactions aggregating to Rs 390 crore.
Gillette India drowned by 5%, after the company reported it is taking steps to raise its public shareholding to 25%, as directed by the market regulator SEBI.
Cadila Healthcare slipped by 6%, expanded its preceding day’s 3% drop, on reports of 31% drop year-on-year in combined net profit at Rs 103 crore for the third quarter ended December 31, 2012 due to higher raw material cost and tax outgo.
Hexaware Technologies ended higher by 3%, after company posted a better-than-expected combined net profit of Rs 66 crore, compared to analyst estimates of Rs 61 crore for the quarter ended December 31, 2012.
Overall market breadth was a bit negative, 854 shares declining compared to 832 shares advancing.
Sectoral wise, Capital Goods, IT, FMCG, Oil & Gas ended down between 0.2-0.9%, while Bank, Power, Real-Estate, Healthcare and Consumer Durables closed positive between 0.2-0.8% respectively. From broader markets, Mid-cap and Small-cap closed down by 0.20% and 0.35% each.
Major stock gainers were, Cipla Limited gained up by 3.62%, Dr Reddys Labarotaries up by 2.45%, Hindalco Industries and Sterlite Industires up by 2.14% and 2.07%, Hindustan Unilever Limited gained up by 1.88%, Tata Motors up by 1.77%, HDFC Bank gained by 0.95%, Sun Pharmaceuticals Limited up by 4.80%, Tata Power, Reliance Industries Limited, State Bank of India and Bajaj Auto up between 0.51-0.21%, while Infosys tad up by 0.08%.
Major stock losers were, Maruti Suzuki, ONGC and Jindal Steel down by 1.64-1.60%, Bharti Airtel fell by 1.57%, HDFC and Larsen & Tourbo down by 1.27-1.26% each, ITC down by 0.85%, Hero Motocorp and Mahindra & Mahindra down by 0.83-0.27% respectively, ICICI Bank, TCS, GAIL (India), BHEL, Wipro Limited, Tata Steel and NTPC fell between 0.67-0.30%, while Coal India tad down by 0.12%.
Among other stocks, MMTC spurted by 19%, State Trading Corporation of India spurted by 20%, National Fertilisers, Hindustan Copper, HMT, RCF and Dredging Corporation of India gained between by 3-12%.
Cochin Minerals and Rutile was locked in lower circuit of 20%, after it reported net profit of Rs 9.55 crore for the quarter ended December 31, 2012 due to lower operational income and higher raw material cost.
SKS Microfinance was locked in upper circuit of 10%, after the company said it concluded two highest rated micro-finance securitization transactions aggregating to Rs 390 crore.
Gillette India drowned by 5%, after the company reported it is taking steps to raise its public shareholding to 25%, as directed by the market regulator SEBI.
Cadila Healthcare slipped by 6%, expanded its preceding day’s 3% drop, on reports of 31% drop year-on-year in combined net profit at Rs 103 crore for the third quarter ended December 31, 2012 due to higher raw material cost and tax outgo.
Hexaware Technologies ended higher by 3%, after company posted a better-than-expected combined net profit of Rs 66 crore, compared to analyst estimates of Rs 61 crore for the quarter ended December 31, 2012.
Overall market breadth was a bit negative, 854 shares declining compared to 832 shares advancing.
Mon, Feb 11, 2013 at 13:00 PM
Markets trading flat.
Markets continue to trade flat with a negative bias, amid lack of cues from global markets. Sensex is down by 5 points or 0.03% at 19,479, while Nifty is down by 2 points or 0.03% at 5,902.
Sector wise, IT, Oil & Gas, Capital Goods, FMCG indices have declined, while Healthcare, Bank, Real-Estate, Consumer Durables indices managed to gain. In broader markets, Mid-caps index is trading absolutely flat, while Small-caps declined by 0.23%.
Major stock movers are, ONGC and Bharti Airtel dropped by 1.6% and 1.5% respectively, Maruti Suzuki Limited and Hero MotoCorp fell by 1.2% and 1%, while ICICI Bank down by 0.6%. Whereas Cipla and Dr Reddy's gained up by 3% and 2.3%, Sun Pharmaceuticals up by 0.6%, Tata Motors rised by 1.5%, HDFC Bank gained by 1.3% and Reliance Industries gaind by 0.5%.
Cipla gained up by 2.5%, on reports that of company postponed plans to acquire a South African firm on account of high valuations.
Overall market breadth is negative, of 2,669 shares traded, 1,382 stocks were declining as compared to 1,150 advancing.
Sector wise, IT, Oil & Gas, Capital Goods, FMCG indices have declined, while Healthcare, Bank, Real-Estate, Consumer Durables indices managed to gain. In broader markets, Mid-caps index is trading absolutely flat, while Small-caps declined by 0.23%.
Major stock movers are, ONGC and Bharti Airtel dropped by 1.6% and 1.5% respectively, Maruti Suzuki Limited and Hero MotoCorp fell by 1.2% and 1%, while ICICI Bank down by 0.6%. Whereas Cipla and Dr Reddy's gained up by 3% and 2.3%, Sun Pharmaceuticals up by 0.6%, Tata Motors rised by 1.5%, HDFC Bank gained by 1.3% and Reliance Industries gaind by 0.5%.
Cipla gained up by 2.5%, on reports that of company postponed plans to acquire a South African firm on account of high valuations.
Overall market breadth is negative, of 2,669 shares traded, 1,382 stocks were declining as compared to 1,150 advancing.
Mon, Feb 11, 2013 at 09:30 AM
Markets opened positive.
Markets opened positive but pared off its gain and is trading negative, due to sustained selling by funds, amid absence for cues frm global market.Sensex down by 16 points at 19,486.36, while Nifty down by 4.80 points or 0.08% at 5,898.70.
Sectoral wise, FMCG, Metal and Power indices are leading the fall.
Sectoral wise, FMCG, Metal and Power indices are leading the fall.
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