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13 March, 2013

Market Pulse - 13 Mar, 2013


Wed, Mar 13, 2013 at 17:30 PM
Markets ends lower.
Markets ended lower as selling witnessed across the counter. Sensex closed down by 202.37 points or 1.03% at 19,362.55 after opening gap down by 52.95 or 0.27% at 19,511.97 which also was day's high while it touched a low of 19,338.52, whereas Nifty ended down by 62.90 points or 1.06 at 5,851.20 after opening down by 29.30 points or 0.50% and touched a high of 5,893.95 and a low of 5,842.25 in the day.

Sector wise, barring FMCG index which closed up by 0.50% all other indices ended lower. Bank index dropped down by 2.18%, Consumer Durables and Auto fell by 1.57% and 1.53%, PSU down by 1.41%, IT and Metal down by 1.18% and 1.15%, Oil & Gas declining by 1.08%, Power fell by 0.92%, Capital Goods, Real-Estate and Healthcare down between 1%-0.20% respectively. In broader market, Mid-cap index fell by 1% while Small-cap declined by 1.27%.

Major stock gainers were, Sun Pharmaceuticals gaining up by 1.25%, ITC up by 0.89%, Bharti Airtel advanced up by 0.76%, Hindustan Unilever up by 0.59%, while Coal India Limited and Wipro Limited up by 0.14% and 0.07%.

Major stock losers were, Hindalco Industries, ICICI Bank Limited, Bajaj Auto Limited and Maruti Suzuki dropped down between 3.70%-3.10% each, Jindal Steel & Power Limited and ONGC declined by 2.84% and 2.52%, BHEL, Infosys, HDFC, Gail (India), HDFC Bank Limited, Tata Motors Limited, Cipla Limited, Tata Steel Limited and State Bank of India fell between 2%-1% respectively, NTPC dropped down by 0.91%, Tata Consultancy Services declined down by 0.83%, Mahindra & Mahindra and Dr Reddys Laboratories and fell down by 0.76% and 0.70%, Reliance Industries Limited down by 0.43%, Hero MotoCorp down by 0.38% and Larsen & Toubro fell by 0.27%.

Overall market breadth was firm negative with 1,893 shares declined compared to 992 shares advanced, while 128 shares remained unchanged.

Wed, Mar 13, 2013 at 14:30 PM
Markets continue to trade weak.
Markets continued to weak as selling pressure is seen all the sectors. Sensex is down by 156.03 points or 0.80%, while Nifty fell down by 50.80 points or 0.86%.

Overall market breadth is firm negative with 1,754 shares declining compared to 972 shares advancing.

Wed, Mar 13, 2013 at 10:30 AM
Markets trading weak.
Markets trading weak weighed down due to selling seen in IT, Bank and Auto sectors. Sensex is down by 99.69 points or 0.51% at 19,465.23, while Nifty fell down by 31.15 points or 0.53% at 5,882.95.

Sector wise, except for FMCG index which is trading marginally higher, all other indices like Consumer Durables, Auto, IT, Power, Bank, Metal, PSU and Real-Estate are trading weak. In broader markets, Mid-cap fell down by 0.46% and Small-cap index down by 0.45%.

Major stock movers were, Sun Pharmaceuticals gaining by 0.94%, Wipro Limited up by 0.84%, Reliance Industries up by 0.63%, ITC up by 0.55%, Coal India gaining up by 0.31%, Hindustan Unilever up by 0.28%, State Bank of India advanced up by 0.26%, while Tata Power and Bharti Airtel tad up by 0.15% and 0.03%. Whereas, Hindalco Industries dropped by 2.71%, Infosys, ICICI Bank, Tata Motors Limited, Maruti Suzuki, Gail (India), Jindal Steel & Power Limited and ONGC fell between 2%-1% respectively, Cipla Limited, Hero Motocorp, HDFC, TCS, Mahindra & Mahindra, Tata Steel Limited, NTPC, Bajaj Auto Limited, HDFC Bank Limited, BHEL, Dr. Reddeys Laboratories, Larsen & Toubro and Sterlite Industries down between 1%-0.20% respectively.

Overall market breadth remains negative with 1,258 shares declining compared to 792 shares advancing.

Wed, Mar 13, 2013 at 09:30 AM
Markets opened weak.
Markets have opened gap down tracking weak global cues. Sensex opened down by 52.95 points or 0.27% at 19,511.97 is current at 19,431.11 down by 133.81 points or 0.68%, while Nifty opened down by 29.30 points or 0.50% at 5,884.80 is current at 5,872.55 down by 31.15 points or 0.70%.

Sectoral wise, barring FMCG index all other indices are trading negative. Consumer Durable index declined over by 1%, while Auto, IT, Banks, Metal, Realty and PSU indices were down by nearly 1% each. In broader market, both indices too were trading weak, Mid-cap down by 0.30% and Small-cap down by 0.40%.

Overall market breadth is negative with 696 shares declining compared to 485 shares advancing.

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