14 March, 2013

Market Pulse - 14 Mar, 2013


Thu, Mar 14, 2013 at 17:30 PM
Markets closed positive, amid rate cut hope.
Markets after almost flat opening in the morning closed positive on rate cut hope, amid lower-than-expected inflation data. Sensex closed up by 207.89 points or 1.07% at 19,570.44, after opening up by 4.71 points or 0.02% at 19,367.26 and touched a high of 19,604.70 and a low of 19,179.33, while Nifty closed up by 57.75 points or 0.99% at 5,908.95, after opening down by 5.25 points or 0.09% at 5,845.95 and touching a high of 5,920.15 and a low of 5,791.75 in the day.

Sectoral wise, except for Consumer Durables index which closed down by 1.45% all other indices ended positive. Real-Estate and Bank indices surged up by 2.18% and 2.08%, Capital Goods, gaining up by 1.34%, Oil & Gas advanced up by 1.26%, Metal, PSU and Power up between 0.90%-0.80%, IT and FMCG gaining up by 0.68%-0.57%, Auto gaining up by 0.39% and Healthcare tad up by 0.12%. In broader market, Mid-cap index closed up by 0.48% and Small-cap index closed down by 0.09%.

Major stock gainers were, State Bank of India and Maruti Suzuki surging up by 3.51% and 3.43%, Tata Power Company, ICICI Bank Limited, HDFC Bank Limited and Hindustan Unilever gaining up between 3%-2% respectively, Reliance Industries Limited, Larsen & Toubro, Jindal & Steel Power Limited, Tata Steel Limited, Tata Consultancy Services and ONGC gained up between 2%-1% each, BHEL, Dr Reddys Laboratories, Sterlite Industries, Mahindra & Mahindra, HDFC, Cipla Limited, Infosys, ITC and Hindalco Industries advanced up between 1%-0.20%, NTPC up by 0.14% while Coal India Limited and Tata Motors Limited tad up by 0.08%-0.05% each.

Major stock losers were, Gail (India) dropped down by 2.09%, Bajaj Auto Limited down by 2.05%, Sun Pharmaceuticals fell by 0.93%, Bharti Airtel declining by 0.82%, Hero Motocorp down by 0.14% while Wipro marginally down by 0.11%.

Overall market breadth was marginally negative with 1,446 shares declined compared to 1,420 shares advanced, while 118 shares remained unchanged.

Thu, Mar 14, 2013 at 15:30 PM
Markets ended on a positive note.
Markets ended the day positive after opening almost flat in the morning. Sensex closed up by 209 points or 1.08% at 19571.55 (provisional), while Nifty ended up by 59.45 points or 1.02% at 5,910.65 (provisional).

Thu, Mar 14, 2013 at 14:30 PM
Markets recovered led by banking sector.
Markets after opening weak and slipped down in late morning session, has recovered and is trading at days high led by Bank, FMCG and IT sector shares. Sensex is up by 201.17 points or 1.04% at 19,563.72 recovered from days low of 19,179.33, while Nifty is up by 56.95 points or 0.97% at 5,908.15 recovering from days low of 5,791.75.

Sectoral wise, Bank index surged up almost by 2%, Real-Estate, Capital Goods, Metal, Power, PSU, FMCG, Oil & Gas and IT too gaining up by 1% each, while Consumer Durable dropped almost by 2%.

Overall market breadth was marginally weak with 1,443 shares declining compared to 1,282 shares advancing.

Thu, Mar 14, 2013 at 11:30 AM
Markets on to recovery after days low.
Markets have recovered from days low and trading in a tight range. Sensex which slipped down to 19,179.33 is now up by 33.96 points or 0.18% at 19,396.51, while Nifty is up by 7.80 points or 0.13% after slipping down to 5,791.75.

Sector wise, Consumer Durables declining by almost 2%, Auto, Healthcare, Bank, Capital Goods, Oil & Gas, IT and Bank too are weak and trading down between 0.04-1%, while PSU, Real-Estate and FMCG have recovered marginally and trading positive.

Overall market breadth remains weak with 1,439 shares declining compared to 844 shares advancing.

Thu, Mar 14, 2013 at 10:30 AM
Markets slumped as selling pressure in select sectors seen.
Markets been dragged down as selling is seen in select sectors, after opening amlost flat in the morning. Sensex is down by 77.67 points or 0.40%, while Nifty is down by 27.25 points or 0.47% at 5,823.95.

Sector wise, all sectors turned weak and trading negative. Consumer Durables slipped down by 1%, Bank, Auto and Metal indices also weak and trading down between 0.50-1% each, IT, Capital Goods, PSU and Oil & Gas too are trading weak.

Overall market breadth turned negative with 1,251 shares declining compared to 717 advancing.

Thu, Mar 14, 2013 at 09:30 AM
Markets opened flat.
Markets have opened almost flat taking cues from global markets. Sensex opened up by 4.71 points or 0.02% at 19,367.26 is current at 19,391.47 up by 28.92 points or 0.15%, while Nifty opened marginally down by 5.25 points or 0.09% at 5,845.95 is current up by 3.60 points or 0.06% at 5,854.80.
Sectoral wise, Real-Estate index has gained up by 0.5%, Healthcare, FMCG and Oil & Gas indices also up between 0.2-0.5% each. While Consumer Durables, Auto and Capital Goods indices were trading weak and down between 0.10-0.50% each.

Overall market breadth is marginally positive with 685 shares advancing compared to 629 shares declining.

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