02 April, 2013

Market Pulse - 02 Apr, 2013

Tue, Apr 02, 2013 at 09:30AM
Markets opened flat.
Markets opened on a flat negative note, but managed to gain on back of buying in Oil & Gas sector. Sensex opened flat down by 0.93 points at 18,863.82 is current marginally up by 9.50 or 0.05% at 18,874.25 while NIfty opened flat down by 2.70 points or 0.05% at 5,701.70 is current at 5,704.85 flat up by 0.45 points.

Sector wise, Auto, Realty, FMCG, Bankex and IT indices down by 0.10%-0.50%, Healthcare, Capital Goods, Metal, Power, PSU and Oil & Gas indices advancing up between 0.30%-0.70% while Consumer Durables index is almost flat with negative bias. In broader markets, both the indices MId-cap and Small-cap  gained up by 0.30% each.

Major stock movers were, Larsen & Toubro, Cipla Limited and Tata Steel Limited advanced up by 1% each, Sterlite Industries, Sun Pharmaceuticals, Jindal Steel & Power Limited, BHEL, Gail (india), Hindalco Industries, Reliance Industries Limited, NTPC and Mahindra & Mahindra gaining up between 0.50%-0.80%. Whereas, Tata Motors Limited, BAjaj Auto, Maruti Suzuki and Hero Motocorp were trading weak between 0.20%-1%, HDFC, HDFC Bank Limited and ICICI Bank Limited down between 0.20%-0.60% each, Bharti Airtel, Tata Consultancy Services, ITC and Tata Power Company fel between 0.20%-0.30% respectively.

Overall market breadth is positive with 819 shares advancing compared to 387 shares declining.

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