28 June, 2013

Market Pulse - 28 Jun, 2013

Market Update
Markets opened firm this morning and continued to rally through the sessions and closed at the days high, amid positive global cues and after the shrap hike in the natural gas price leding the buying spree in Oil & Gas Sectors. Sensex closed firm up by 519.86 points or 2.75% at 19,395.81 after opening firm positive up by 217.23 points or 1.15% at 19,093.18 which too was days low, wheras it touched a high of 19,432.94 while Nifty closed up by 159.85 points or 2.81% at 5,842.20 after opening firm positive up by 67.15 points or 1.18% at 5,749.50 and touched a high of 5,852.95 and a low of 5,749.50 for the day.

Sectoral wise, all sectors closed in positive zone, with Metal, Power and Capital Goods indices topping the gainers list by rising 4.70%-4% followed by indices were PSU, Auto, Realty and Oil & Gas gaining up between 4%-3%, Bankex and Healthcare advanced by 2.97% and 2.42%, IT and FMCG up by 0.75% and 0.31% while Consumer Durables ended arginally up by 0.18%. From the Broader markets Mid-cap index gained in line with benchmark index up by 2.42% while Small-cap index advanced up by 1.45%.

Major index stock gainers were, Jindal Steel spurted up by 7.89%, BHEL and Sterlite Inds surged up by 6.90% and 6.18%, Tata Power and Coal India rose up by 5.71% and 5.58%, Bajaj Auto, Gail (India), Tata Motors, HDFC and Hindalco Inds gained between 5%-4%, L&T, RIL, Bharti Airtel, Tata Steel, Sun Pharmaceuticals, Mahindra & Mahindra and HDFC Bank advanced up between 4%-3%, ONGC, Dr Reddys Laboratories, NTPC and SBI gained between 3%-2%, TCS and Maruti Suzuki up by 1.99% ans 1.08%, Cipla, Wipro, Infosys and Hero Motocorp advanced between 1%-0.50% while ITC gained up by 0.48%.

Major index stock losers was only Hindustan Unilever which fell by 0.67%.

Overall market breadth was firm positive with 1,535 shares advanced as compared to 859 shares declined while 118 shares remained unchanged.

27 June, 2013

Market Pulse - 27 Jun, 2013

Market Update
Market after opening firm positive in the morning, maintained its momentum throughout the session and closed higher, after lower-than expected current account deficit reveiled the concerns from deficit funding along with the rising rupee against dollar. Sensex closed up by 323.83 points or 1.75% at 18,875.95 after opening firm positive up by 163.99 points or 0.88% at 18,716.11 and touched a high of 18,925.75 and a low of 18,688.28 while Nifty ended up by 93.65 points or 1.68% at 5,682.35 after opening up by 59.25 points or 1.06% at 5,647.95 and touched a high of 5,699.35 and a low of 5,630.95 for the day.

Sectoral wise, Consumar Durables and Capital Goods were the only indices closing in red down by 1.08% and 0.04%, while other  indices closed in green Oil & Gas and IT indices surged up by 3.22% and 3.15%, Healthcare index rose by 2.49%, Realty and Bankex gained up by 1.80% and 1.50%, PSU, Metal, Auto and Power advanced between 1%-0.20%, while FMCG index closed marginally up by 0.11%. In the Broader markets, Mid-cap and Small-cap indices closed marginally up with Mid-cap gaining by 0.26% while Small-cap advanced up by 0.32% respectively.

Major index stock gainers were, ONGC surged up by 4.14%, TCS, HDFC Bank, Sun Pharmaceuticals, RIL, Dr Reddys Laboratories and Infosys gained between 4%-3%, Sterlite Inds, Bajaj Auto, HDFC, Mahindra & Mahindra and Cipla gained between 3%-2%, Hindalco Inds and Tata Power gained up by 1.37% and 1.12%, Bharti Airtel, Hero Motocorp, Gail (india), SBI and ICICI Bank advanced between 1%-0.50% while Hindustan Unilever inched up by 0.12%.

Major index stock losers were, Maruti Suzuki and Tata Motrs dropped by 1.61% and 1.35%, NTPC, Coal India, HBEL and L&T declined between 1%-0.20%, Tata Steel and Jindal Steel fell marginally by 0.17% and 0.15%, while ITC and Wipro were almosdt flat down by 0.05% and 0.04%.

Overall market breadth was positive with 1,210 shares advanced as compared to 1,112 shares declined while 137 shares remained unchanged.

26 June, 2013

Market Pulse - 26 Jun, 2013

Market Update
Market opened positive in the morning and traded almost flat throughout the session but ending the day weak, as Rupee touched an all time high of Rs. 60, hoisting fear of fii's outflow in near term. Sensex closed down by 77.03 points or 0.41% at 18,552.12 after opening marginally up by 33.22 points or 0.18% at 18,662.37 and touched a high of 18,690.50 and a low of 18,514.35 while Nifty closed down by 20.40 points or 0.36% at 5,588.70 after opening up by 18.85 points or 0.34% at 5,627.95 and touched a high of 5,635.25 and a low of 5,579.35 for the day.

Sectoral wise, IT index surged up by 2.06%, Power and FMCG indices gained by 0.84% and 0.59%, Auto, Metal, Capital Goods, Bankex, Consumer Durables and Healthcare indices dropped between 2%-1%, PSU fell by 0.42% while Realty and Oil & Gas declined marginally by 0.24% and 0.23%. In the Broader markets, Mid-cap and Small-cap indices ended in line with benchmark index, with Mid-cap dropped by 0.81% while Small-cap declined by 0.39% respectively.

Major index stock gainers were, Hero MotoCorp rose by 3.89%, TCS, Gail (India) and NTPC gained between 3%-2%, Wipro, ITC and Infisys advanced between 1%-0.50%, Maruti Suzuli and Hindustan Unilever inched up by 0.20% and 0.12% while  Sterlite Inds and BHEL almost flat up by 0.06% and 0.03%.

Major index stock losers were, Bharti Airtel dropped by 5.74%, Mahindra & Mahindra fell by 4.63%, Tata Motors declined by 3.02% Jindal Steel and Hindalco Industries down by 2.89% and 2.32%, Coal India, HDFC Bank and L&T declined between 2%-1%, HDFC, Sun Pharmaceuticals, ONGC, SBI, Tata Steel and ICICI Bank fell between 1%-0.50%, Dr Reddys Lab and Bajaj Auto down by 0.32% and 0.29% while RIL and Cipla down by 0.16% and 0.09%.

Overall market breadth was negative with 1,361 shares declined as compared to 952 shares advanced while 143 shares remained unchanged.

25 June, 2013

Market Pulse - 25 Jun, 2013

Market Update
Market after opening positive in the morning and traded almost flat for the session, ended higher  after China's benchmark index Shanghai Composite rebounded form its low and positive Europe opening also laid to the positive closing of the benchmark index. Sensex positive up by 88.26 points or 0.48% at 18,629.15 after opening up by 61.36 points or 0.33% at 18,602.25  and touched a high of 18,802.31 and a low of 18,487.30 while Nifty ended up by 18.85 points or 0.34% at 5,609.10 after opening up by 16.70 points or 0.30% at 5,606.95 and touched a high of 5,666.25 and a low of 5,570.25 for the day.

Sectoral wise, Oil & Gas index gained by 1.53%, Capital Goods, FMCG, Auto and Realty advanced between 1%-0.40%, Bankex marginally up by 0.12%, Power dropped by 1.19%, Consumer Durables, Healthcare, Metal and IT indices declined between 1%-0.40%, while PSU index marginally down by 0.17%. From the Broader markets, Mid-cap and Small-cap indices were ended weak as compared to the benchmark index, with Mid-cap declining by 0.45% while Small-cap fell by 0.42% respectively.

Major index stock gainers were, Bharti Airtel rose by 4.34%, ONGC and Mahindra & Mahindra gained by 3.80% and 3.18%, Hindalco Inds up by 2.76%, ITC, HDFC Bank and RIL gained between 2%-1%, L&T, Gail (India), HIndustan Unilever, Bajaj Auto, Jindal Steel, Maruti Suzuki and Hero MotoCorp advanced between 1%-0.10% while Cipla and Sun Pharmaceutical tad up by 0.07% each.

Major index stock losers were, NTPC and Tata Power declined by 2.61% and 2.07%, SBI, ICICI Bank, Coal India, BHEL and TCS fell between 2%-1%, Wipro, Tata Motors, Sterlite Inds, HDFC and Dr Reddys Lab fell between 1%-0.10% while Infosys and Tata Steel tad down by 0.09% and 0.07%.

Overall market breadth was negative with 1,351 shares declined as compared to 953 shares advanced while 14 shares remained unchanged.

24 June, 2013

Market Pulse - 24 Jun, 2013

Market Update
Market opened weak in the morning and continued to slide down as the weak rupee raised the concerns of outflow by the FII after US Federal's decision of reducing its monetary stimulus measures and also the sharp fall in China's Shanghai Composite weighed on the market sentiments. Sensex closed down by 233.35 points or 1.24% at 18,540.59 after opening weak down by 60.18 points or 0.32% at 18,714.06 which too was day's high and a low of 18,467.16 while Nifty closed down by 77.40 points or 1.37% at 5,590.25 after opening down by 29.60 points or 0.52% at 5,638.05 and touched a high of 5,640 and a low of 5,566.25 for the day.

Sectoral wise, all indices ened the the day in negative zone. Realty index cropped by 4.79%, Consumer Durables declined by 3.38%, Capital Goods, PSU, FMCG and Power indices were down between 3%-2%, Auto, Oil & Gas Bankex, Metal and IT indices fell between 2%-1%, while Healthcare index closed down by 0.98%. From the Broader markets, Mid-cap and Small-cap indices were too weak as compared to the benchmark index, with Mid-cap dropping by 2.56% while Small-cap fell by 2.16% respectively.

Major index stock gainers were, Jindal Steel gaining up by 1.44%, Hindalco Inds, Tata Power and ICICI Bank gained by 0.64%, 0.61% and 0.60%, HDFC advanced up by 0.46% while Coal India gained marginally up by 0.17%.

Major index stock losers were, Sterlite Inds, Bharti Airtel and BHEL dropped by 3.91%, 3.23% and 3.02%, ONGC, L&T, Hero MotoCorp, ITC, SBI and Gail (India) declined between 3%-2%, Tata Steel, Bajaj Auto, HDFC Bank, Infosys, Mahindra & Mahindra, Tata Motors and Hindustan Unilever fell between  2%-1%, TCS, NTPC, Maruti Suzuki, Dr Reddys Lab and Wipro down between 1%-0.50%, Cipla and Sun Pharmaceuticals down by 0.37% and 0.21% while RIL marginally down by 0.08%.

Overall market breadth was firm negative with 1,635 shares declined as compared to 651 shares advanced while 114 shares remained unchanged.

21 June, 2013

Market Pulse - 21 Jun, 2013

Market Update
Market after opening weak in the morning ended on a positive note amid a volatile trading session led by IT sector shares owing to weak Rupee. Sensex closed marginally up by 54.96 points or 0.29% at 18,774.24 after opening down by 23.48 points or 0.13% at 18,695.80 and touched a high of 18,820.81 a low of 18,615.14 while Nifty closed up by 11.75 points or 0.21% at 5,667.65 after opening weak down by 16 points or 0.28% at 5,639.9 and touched a high of 5,686.15 and a low of 5,616.85 for the day.

Sectoral wise, IT index rose by 1.43%, Auto, Power and Oil & Gas indices marginally up by 0.34%, 0.27% and 0.17%, Metal and Realty  indices dropped by 1.45% and 1.02%, Consumer Durables, Bankex, Capital Goods and Healthcare declined between 0.50%-0.20% and FMCG fell marginally by 0.13% while PSU index closed flat. In the Broader markets, Mid-cap and Small-cap indices declined compared to the benchmark index, with Mid-cap dropping by 1.28% while Small-cap fell marginally by 0.36%.

Major index stock gainers were, ONGC, Infosys, NTPC and Dr Reddys Lab gaining between 3%-2% each, Maruti Suzuki, Hero Motocorp, Bharti AIrtel, TCS and Coal India gained between 2%-1%, Tata Power, HDFC, Cipla, Wipro, Bajaj Auto and Gail (India) advanced between 1%-0.20% while Mahindra & Mahindra marginally up by 0.11%.

Major index stock losers were, Jindal Steel craked down by 8.06%, Hindalco Inds dropped by 4.20%, Sun Pharmaceuticals declined by 1.85%, Sterlite Inds and RIL fell by 0.98% and 0.66%, SBI, Tata Motors, Hindustan Unilever, BHEL, Tata Steel and ICICI Bank declined between 0.50%-0.20% while L&T and HDFC Bank marginally down by 0.18% and 0.13%.

Overall market breadth was firm negative with as much 1,342 shares declined as compared to 982 shares advanced while 138 shares remained unchanged.

20 June, 2013

Market Pulse - 20 Jun, 2013

Market Update

Market opened gap down and traded almost weak throughout the sessions and ended the day towards the day low after the comments from US Federal that it would start trimming its monetary stimulus measures sooner than expected  and also weak China manufacturing data also led the hand in dragging the benchmark index. Sensex closed firm negative down by 526.41 points or 2.74% at 18,719.29 after opening weak down by 176.50 points or 0.92% at 19,069.20 which indeed was day's high and touched a low of 18,687.19 while Nifty ended down by 172.50 points or 2.96% at 5,655.90 after opening down by 74.25 points or 1.27% at 5,754.15 and touched a high of 5,755 and a low of 5,645.65 for the day.


Sectoral wise, all sectoral indices today ended the day in red with Realty  index topping the list dropped down by 5.18% followed by Metal index fell by 4.63%, Bankex and Oil & Gas down by 3.98% and 3.06%, Capital Goods, PSU, Consumer Durables and IT indices declined between 3%-2% each, Auto and FMCG declined by 1.77% and 1.66% while Healthcare index down by 0.67%. Even the the Broader markets declined in line with the benchmark index Mid-cap ended down by 1.93% while Small-cap index fell by 1.72%.

Major index stock gainers were only Wipro and Sun Pharmaceticals gaining up by 1.28% and 0.69% respectively.

Major index stock losers were, Jindal Steel crashed down by 9.62%, Tata Steel and Hindalco Inds dropped by 6.25% and 6.24%, BHEL, Sterlite Inds and HDFC Bank declined between 5%-4%, RIL, Mahindra & Mahindra, ICICI Bank, Bharti Airtel, NTPC and HDFC fell between 4%-3%, Infosys, L&T, ONGC, SBI and ITC down between 3%-2%, Tata Power, TCS, Gail (India), Dr Reddys Laboratories, Coal India, Hero Motocorp, Maruti Suzuki and Tata Motor down between 2%-1%, Bajaj Auto and Hindustan Unilever declined by 0.98% and 0.27% and Cipla marginally down by 0.18%.

Overall market breadth was firm negative with as much 1,647 shares declined as compared to 654 shares advanced while 111 shares remained unchanged.

19 June, 2013

Market Pulse - 19 Jun, 2013

Market Update

Market opened almost flat in the morning and slipped down into negative zone but managed to gained in the late noon trading session to close on a flat note, amid rising concern over the conclusion from the US Federal Open Market meet later today. Sensex closed almost flat up by 22.42 points or 0.12% at 19,245.70 after opening flat at 19, 224.09 up by 0.81 points  and touched high of 19,274.26 and a low of 19,100.13 while Nifty closed down up 8.65 points or 0.15% at 5,822.25 after opening flat down by 7.85 points or 0.14% at 5,805.75 and touched a high of 5,828.40 and a low of 5,777.90 for the day.


Sectoral wise, Auto and Power indices closed down by 0.67% and 0.59%, PSU, Healthcare and IT indices declined between 0.40%-0.20%, Capital Goods almost flat down by 0.04%, whereas Consumer Durables and Metal indices rose by 1.96% and 1.28%, Realty and Oil & Gas gained by 0.58% and 0.56%, Bankex advanced by 0.26% while FMCG marginally up by 0.12%. In Broader markets Mid-cap index ended up by 0.53% while Small-cap index advanced up by 0.50%.

Major index stock gainers were, Bharti Airtel, Hindalco Inds, Sterlite Inds, Jindal Steel & Tata Steel surged between 3%-2%, HDFC Bank and HDFC rose by 1.14% and 1.06%, Gail (india), RIL, Wipro, Bajaj Auto, Maruti Suzuki and ONGC advanced between 1%-0.20% while SBI and Cipla almost flat positive up by 0.09% and 0.03%.

Major index stock losers were, Tata Motors, Dr Reddys Laboratories, NTPC , TCS, Hero Motocorp, Coal India and Sun Pharma dropped between 2%-1%,   Tata Power, Mahindra & Mahindra, ICICI Bank and Infosys fell between 1%-0.30%, BHEL and Hindustan Unilever down by 0.19% and 0.14%, L&T and ITC tad down by 0.07% and 0.02%.

Overall market breadth was marginally positive with 1,250 shares advanced as compared to 1,137 shares declined while 134 shares remained unchanged.

18 June, 2013

Market Pulse - 18 Jun, 2013

Market Update

Market after almost flat opening slipped down and traded subdued before settling down negative ahead of US federal meet. Sensex ended weak down by 102.59 points or 0.53% at 19,223.28 after opening flat positive up by 3.30 points or 0.02% at 19,329.17 and touched a peak of 19,383.61 and a low of 19,191.37 while Nifty closed down by 36.45 points or 0.62% at 5,813.60 after opening flat down by 8.15 points or 0.14% at 5,841.90 and touched a high of 5,863.40 and a low of 5,804.30 for the day.

Sectoral wise, barring Metal and IT indices which closed in positive up by 0.73% and 0.57% all other indices ended in negative zone with Bankex index leading the list dropped by 1.20%, followed by Consumer Durables down by 1.09%, PSU, Capital Goods, Power, Oil & Gas, FMCG and Auto indices declined between 1%-0.30% and Realty index marginally down by 0.15% while Healthcare almost flat positive by 0.05%. From Broader markets Mid-cap index ended almost flat positive by 0.03% while Small-cap index advanced up by 0.25%.

Major index stock gainers were, Tata Steel surged up by 2.89%, Tata Power, Bajaj Auto, Infosys and Hero Motocorp rose between 2%-1%, Sterlite Inds and Wipro gained by 0.97% and 0.90%, Coal India and Maruti Suzuki advanced by 0.26% and 0.17% while Hindustan Unilever almost flat positive by 0.02%.

Major index stock losers were, NTPC dropped by 2.20%, Bharti Airtel, Gail (India), HDFC Bank, ONGC, HDFC, L&T and SBI declined between 2%-1%, ICICI Bank, BHEL, Tata Motors, Dr Reddys Laboratories, Mahindra & Mahindra and ITC fell between 1%-0.50%, Hindalco Ind, Jindal Steel, Sun Pharma and TCS down between 0.50%-0.20% whie RIL and Cipla down by 0.18% and   0.11%.

JM Financial spurted up by 6.28%, after company stated to have received shareholders approval for the issue of convertible warrants to Vikram Pandit.

VA Tech Wabag surged up by 3.38%, after reports of company winning an Rs 262 crore order in a joint venture with Pratibha Industries from Melamchi Water Supply Development Board, Nepal.

Overall market breadth was tad negative with 1,182 shares declined as compared to 1,148 shares advanced while 136 shares remained unchanged.

17 June, 2013

Market Pulse - 17 Jun, 2013

Market Update

Market after opening positive slipped down in the early morning trades but it gained momentum in early noon trades shrugging off the early losses and ended the day firm up at days high led by gan in index heavyweights. Sensex ended up by 147.94 points or 0.77% at 19,325.87 after opening up by 71.97 points or 0.38% at 19,249.90 and touched a high of 19,344.28 and a low of 19,084.68 while Nifty ended positive up by 41.65 points or 0.72% at 5,850.05 after opening up by 12 points or 0.21% at 5,820.40 and touched a high of 5,854.90 and a low of 5,770.25 in the day.


Sectoral wise, barring Metal index which closed in weak down by 0.13% all other indices ended the day positive with Auto index leading the list rose up by 1.90%, followed by Capital and Consumer Durables indices up by 1.15% and 1.02%, IT, Oil & Gas, FMCG, Healthcare, Power and Bankex indices gaining between 1%-0.40% each, while PSU tad up by 0.12% and Realty almost flat up by 0.03%. In Broader markets Mid-cap and Small-cap indices both advanced up by 0.33% and 0.39% respectively.

Major index stock gainers were, Mahindra & Mahindra spurted up by 4.43%, BHEL surged up by 3.37%, Bharti AirtelBajaj Auto and Sun Pharmaceutical rose between 3%-2%, Tata Power, RIL, Maruti Suzuki, Hero Motocorp, HDFC, Infosys and L&T gained between 2%-1%, Tata Steel, SBI, Tata Motors, Coal India, Hindustan Unilever, HDFC Bank and ONGC advanced between 1%-0.20%, while ITC, TCS and Wipro tad up by 0.15%-0.12% each.

Major index stock losers were, Hindalco Ind and Dr Redys Lab down by 1.64% and 1.38%, Gail (India), Sterlite Inds, NTPC and Jindal Steel declined  between 1%-0.50% and ICICI Bank almost flat down by 0.01%.

RBI (Reserve Bank of India), in its Mid-Quarter Monetary Policy Review-June 2013, has kept the interest rate unchanged, after cutting them in each of its previous three policy reviews, and also warned of upward risks to inflation posed by a sliding rupee and increase food prices. The Repo Rate remained unchanged at 7.25%, CRR (Cash Reserve Rate) at 4%, Reverse Repo Rate at 6.25 while bank rate at 8.25%.

Overall market breadth was marginally positive with 1,184 shares advanced as compared to 1,117 shares declined while 131 shares remained unchanged.

14 June, 2013

Market Pulse - 14 Jun, 2013

Stock Market Update
Markets after opening firm positive in the morning rallied through the day and ended near the days high, amid firm global cues and lower-than expected May WPI (Wholesale Price Index) which also raisied the hopes for rate cut in the RBI's (Reserve Bank of India) policy meet scheduled for next week. Sensex closed firm positive up by 352.62 points or 1.87% at 19,179.78 after opening firm up by 132.67 points or 0.70% at 18,959.83 and touched a high of 19,213.10 and a low of 18,952.09 while Nifty closed positive up by 109.30 points or 1.92% at 5,808.40 after opening up by 49.85 points or 0.87% at 5,748.95 and touched a high of 5,819.10 and a low of 5,739.40 in the day.

Sectoral wise, all indices closed in positive zone with Consumer Durables Index leading the list up by 3.54%, followed by Auto index up by 3.01%, Realty, Metal, Capital Goods and Oil & Gas indices gaining between 3%-2% each, Power, Bankex, PSU and Healthcare indices rose between 2%-1%,  FMCG advanced up by 0.89% and IT gained up by 0.45%. In Broader markets Mid-cap index advanced up by 1.17% and Small-cap index rose up by 1.02%.

Major index stock gainers were, Hindalco Industries spurted up by 7.07%, Tata Motors and Maruti Suzuki surged up by 4.91% and 4.09%, Tata Power, L&T, Bajaj Auto, ICICI Bank, RIL and Tata Steel rose between 4%-3% each HDFC, Mahindra & Mahindra and Jindal Steel & Power gained between 3%-2%, Sterlite Industries, Gail (India), HDFC Bank, ITC, SBI and NTPC advanced up between 2%-1%, Dr Reddys Laboratories, ONGC, BHEL, Infosys, Coal India, Bharti Airtel and TCS gained up between 1%-0.40%, while Tata Motors Sun Pharmaceutical advanced up by 0.36%.

Major index stock losers were, Wipro down by 0.71%, Hero Motocorp fell by 0.41% and Cipla and Hindustan Unilever declined marginally 0.24% each.

Wholesale Price Index (WPI) based inflation declined further to 4.70% in May  2013 from 4.89% in April 2013. This is the second month in a row that inflation remained in RBI's comfort zone of 4-5%.

Overall market breadth was firm positive with 1,418 shares advanced as compared to 890 shares declined while 142 shares remained unchanged.

13 June, 2013

Market Pulse - 13 Jun, 2013

Market Update


Markets after opening weak in the morning extended its losses for the third straight day amid weak global cues as the investors booked profit across the counter. Sensex closed firm weak down by 213.97 points or 1.12% at 18,827.16 after opening firm weak down by 143.64 points or 0.75% at 18,897.49 and touched a high of 18,914.13 and a low of 18,765.53 while Nifty ended firm weak by 61.10 points or 1.06% at 5,699.10 after opening weak down by 50.85 points or 0.88% at 5,709.35 and touched a high of 5,729.85 and a low of 5,683.10 in the day.

Sectoral wise, barring Consumer Durables index which managed to close positive up by 1.55% all other indices closed in negative with Auto and Realty indices leading the  list down by 2.33% and 2.30%, followed by Power, Healthcare, PSU, IT, FMCG, Bankex and Metal indices declined between 2%-1% each, Capital Goods fell by 0.91% and Oil & Gas down by 0.69%. Broader markets too declined in line with benckmark index with Mid-cap declined by 1.37% and Small-cap down by 1.06%.

Major index stock gainers were, Hindalco Industries spurted up by 4.82%, Bharti Airtel surged up by 3.47%, Jindal Steel & Power advanced up by 0.55%, SBI up by 0.49% and Hindustan Unilever marginally up by 0.19%.

Major index stock losers were, Tata Motors, Mahindra & Mahindra and Sun Pharmaceutical dropped down between 4%-3%, Tata Steel, Gail (India), Sterlite Industries, Tata Power, BHEL and Bajaj Auto slipped between 3%-2%,    Infosys, TCS, Maruti Suzuki, ITC, Coal India, Cipla Limited, HDFC Bank, Wipro, ICICI Bank and Dr Reddys Laboratories fell between 2%-1% each, HDFC and NTPC down by 0.99% and 0.93%, L&T and RIL fell by 0.31% and 0.27%, and HeroMotocorp and ONGC marginally down 0.10% each.

Overall market breadth was firm negative with 1,561 shares declined as compared to 764 shares advanced while 131 shares remained unchanged.

12 June, 2013

Market Pulse - 12 Jun, 2013

Stock Market Update
Markets after opening down in the morning turned weaker and continued to slip further down till in the early noon trades where markets tried to gain momentum but could not sustain to the gains and closed on a negative note, ahead of the key economic data. Sensex closed weak down by 101.87 points or 0.53% at 19,041.13 after opening weak down by 39.04 points or 0.20% at 19,103.96 and touched a high of 19,143.24 and a low of 18,969.08 while Nifty closed down by 28.60 points or 0.49% at 5,760.20 after opening weak down by 17.05 points or 0.29% at 5,771.75 and touched a high of 5,792.90 and a low of 5,738.60 in the day.

Sectoral wise, barring Oil & Gas and Healthcare indices which ended the day in positive up by 0.55% and 0.47% and Bankex index which closed almost positive flat up by 0.05% all other indices closed negative with Consumer Durables leading the list crashed down by 7.32% followed by Metal, IT and Power indices dropped between 2%-1%, FMCG, PSU and Auto indices fell between by 1%-0.30%, Capital Goods declined by 0.17% while Realty marginally down by 0.07%. Even in broader markets also declined in line with benckmark index, Mid-cap declined by 0.49% and Small-cap fell by 0.51%.

Major index stock gainers were, Jindal Steel & Power rose up by 3.80%, Cipla Limited gained up by 1%, Mahindra & Mahindra, RIL, SBI and NTPC advanced up between 1%-0.50%, ICICI Bank and ONGC gained up by 0.45% and 0.31%, Hindustan Unilever marginally up by 0.10% while Tata Motors almost flat up by 0.02%.

Major index stock losers were, Tata Power dropped down by 3.03%, Coal India, Tata Steel, Hero Motocorp, Hindalco Industries, Bajaj Auto, TCS, Sterlilte Industries and Infosys dropped between 3%-2%, HDFC and BHEL,  fell by 1.27% and 1.24%, ITC, Maruti Suzuki, Larsen & Toubro declined between 1%-0.50%, Sun Pharmaceutical, Dr Reddys Laboratories and Bharti Airtel down by 0.28%, 0.26% and 0.22%, Gail (India), Wipro and HDFC Bank marginally down by 0.15%-0.10% each.

Growth concerns continued to weigh on the market sentiments as country's IIP (Index of Industrial Production) grew less than expected, at 2% in Month of April 2013 from a year earlier. Meanwhile, CPI (Consumer Price Index) based inflation came down to 9.31% in May 2013 from 9.39% in April 2013.

Overall market breadth was negative with 1,398 shares declined as compared to 967 shares advanced while 125 shares remained unchanged.

11 June, 2013

Market Pulse - 11 Jun, 2013

Sensex Update
Markets after opening weak in the morning continued to slip further down, amid weak global cues and weak rupee also weighed the sentiments of the investors, ahead of the key economic data. Sensex ended weak down by 298.07 points or 1.53% at 19,143 after opening weak down by 58.85 points or 0.30% at 19,382.22 and touched a high of 19,418.74 and a low of 19,121.18 while Nifty closed down by 89.20 points or 1.52% at 5,788.80 after opening weak down by 29.25 points or 0.50% at 5,848.75 and touched a high of 5,868.05 and a low of 5,780.35 in the day.

Sectoral wise, all indices ended the day in red with Consumer Durables leading the list crashed down by 7.48% followed by Metal index slipped by 4.06%, Realty index dropped by 3.65%, Bankex, Power and PSU declined between 3%-2% each, Oil & Gas, Auto and IT fell between 2%-1%, Capital Goods and Healthcare down by 0.66% and 0.65% and FMCG declined by 0.42%. Even in broader markets declined in line with benckmark index, Mid-cap dropped by 1.58% and Small-cap declined by 1.79%.

Major index stock gainers were, Cipla Limited rose up by 1.90%, Bajaj Auto and Wipro gained up by 0.83% and 0.69%, Gail advanced up by 0.39% and Hindustan Unilever almost flat tad up by 0.05%.

Major index stock losers were, Jindal Steel & Power crashed down by 15.18%, Hindalco Industries and Tata Power dropped by 5.97% and 5.87%, ONGC, ICICI Bank, Mahindra & Mahindra and Tata Steel slipped between 4%-3% each, Coal India, Sterlite Industries and HDFC declined between 3%-2%, Maruti Suzuki, Bharti Airtel, TCS HDFC Bank, Sun Pharmaceuticals, BHEL and Tata Motors fell by 2%-1%, SBI, ITC, Infosys and RIL were down between 1%-0.40%, Hero Motocorp marginally down by 0.18%, L&T down by 0.08% while Dr Reddys Laboratories almost flat down by 0.01%.

Overall market breadth was firm negative with 1,691 shares declined as compared to 670 shares advanced while 125 shares remained unchanged.

10 June, 2013

Market Pulse - 10 Jun, 2013

Sensex Update
Markets after opening firm in the morning stripped of its early gains and traded subdued till noon session where it started to gain its momentum but could not sustain long enough and fell again registering its day low but managed to close almost flat. Sensex closed almost flat up by 11.84 points or 0.06% at 19,441.07 after opening firm up by 101.12 points or 0.52% at 19,530.35 and striking a high of 19,585.75 and a low of 19,366.82 while Nifty ended almost flat down by 3 points or 0.05% at 5,878 after opening firm up by 26.90 points or 0.46% at 5,907.90 and touched a high of 5,931.65 and a low of 5,857.40 in the day.


Sectoral wise, IT index ended firm up by 1.01% followed by FMCG and Oil & Gas indices which closed marginally up by 0.14% and 0.11%, whereas, Consumer Durables index dropped by 2.08%, followed by Realty, Healthcare and Bankex indices slipped between 2%-1% each, Metal, Capital Goods, Power and Auto indices fell between 1%-0.50% while PSU index declined by 0.42%. Even in broader markets both the indices Mid-cap and Small-cap declined by 0.88% an 0.79% respectively.


Major index stock gainers were, Wipro Limited surged up by 2.12%, Infosys, NTPC, HDFC, Bajaj Auto and Mahindra & Mahindra gained between 2%-1%, ITC, Reliance Industries Limited, Hero Motocorp, ONGC and Hindustan Unilever advanced between 15-0.20% each, Tata Consultancy Services and Cipla Limited gained marginally up by 0.19% and 0.15% while HDFC Bank Limited tad up by 0.07%.


Major index stock losers were, Jindal Steel & Power Limited dropped by 4.46%, BHEL fell by 3%, Maruti Suzuki and ICICI Bank Limited declined by 2.18% and 2.03%, Tata Motors Limited, Sterlite Industries Limited, Bharti Airtel Limited, Hindalco Industries Limited, Sun Pharmaceuticals and Tata Power Company down between 2%-1%, Gail (India), State Bank of India and Tata Steel Limited fell between 1%-0.50% while Larsen & Toubro and Dr Reddys Laboratories declined by 0.48% and 0.34%.


Overall market breadth was firm negative with 1,422 shares declined compared to 879 shares advanced while 144 shares remained unchanged.

07 June, 2013

Market Pulse - 7 Jun, 2013

Fri, Jun 7, 2013 at 16:00 PM
Markets closed weak.
Markets pared off its gain in the late noon session, after opening flat to negative and gaining momentum in the late morning session, to close weak. Sensex closed down by 90.26 points or 0.46% at 19,429.23 after opening almost flat up by 2.82 points or 0.01% at 19,522.31 and touched a high of 19,711.55 and a low of 19,397.51 while Nifty closed down by 40.40 points or 0.68% at 5,881 after opening weak down by 21.35 points or 0.36% at 5,900.5 and touched a high of 5,972.70 and a low of 5,871.30 in the day.

Sectoral wise, barring IT index which ended positive surged up by 1.66%, oll other indices ended the day weak. Auto, Bankex, PSU, Realty, Power, Metal and Capital Goods indices dropped between 2%-1% each, Oil & Gas and Consumer Durables fell by 0.98% and 0.98%, FMCG marginally down by 0.11% while Healthcare index closed almost flat negative down by 0.02%. From broader markets both the indices Mid-cap and Small-cap declined. Mid-cap index closed down by 0.53% while Small-cap index tad negative down by 0.09%.

Major stock gainers were, Tata Consultancy Services rose up by 3.48%, Dr Reddys Laboratories surged up by 2.82%, Wipro Limited gained up by 1.67%, Infosys and Tata Power Company advanced by 0.80% and 0.57%, Hero Motocorp inched up by 0.19% while Hindustan Unilever and  ITC almost flat up by 0.04% and 0.01%.

Major stock losers were, Bharti Airtel Limited, Mahindra & Mahindra, NTPC and Maruti Suzuki dropped between 3%-2%, Jindal Steel & Power Limited, Sterlite Industries Limited, Tata Motors Limited, State Bank of India, ONGC, BHEL, Gail (India), Tata Steel Limited, Larsen & Toubro, Coal India Limited and ICICI Bank Limited declined between 2%-1%, Reliance Industries Limited, HDFC Bank Limited, Hindalco Industries Limited, Cipla Limited, Sun Pharmaceuticals and HDFC fell between 1%-0.50% while Bajaj Auto fell marginally by 0.14%.

Overall market breadth was negative with 1,328 shares declined compared to 1,029 shares advanced while 169 shares remained unchanged.

06 June, 2013

Market Pulse - 6 Jun, 2013

Thu, Jun 6, 2013 at 16:00 PM
Markets closed tad weak, led by index heavy weight.
Market Update
Markets opened weak in the morning and traded almost subdued till in late noon when markets gained momentum and stroked the days' high but could not sustain the gains and slipped again and ended the day in negative, led by index heavy weights. Sensex closed down by 48.73 points or 0.25% at 19,519.49 after opening weak down by 64.54 points or 0.33% at 19,503.68 and touched a high of 19,635.37 and a low of 19,395.32 while Nifty closed down by 2.45 points or 0.04% at 5,921.40 after opened negative down by 28.85 points or 0.49% at 5,895 and touched a high of 5,956.55 and a low of 5,869.50 in the day.

Sectoral wise, barring for Bankex and Realty indices which managed to close positive up by 0.90% 0.47% all other indices closed weak with Healthcare index leading the list dropped by 1.22% follwed by Oil & Gas, Consumer Durables, Power and Metal indices declined between 1%-0.50%, IT and FMCG fell up by 0.41% and 0.20%, PSU and Capital Goods down by 0.17% and 0.09% while Auto index ended almost flat positive up by 0.05%. In Broader markets both the indices Mid-cap and Small-cap ended marginally up by 0.12% and 0.15% respectively.

Major stock gainers were, ICICI Bank Limited, Wipro Limited, and Maruti Suzuki rose between 2%-1% each, State Bank of India, Larsen & Toubro, Mahindra & Mahindra, Tata Consultancy Services and Hindalco Industries Limited gained between 1%-0.20%, Hindustan Unilever inched up by 0.10% while HDFC almost falt up by 0.02%.

Major stock losers were, Bharti Airtel Limited dropped by 2.17%, Sun Pharmaceuticals, NTPC, Infosys, Tata Steel Limited, Hero Motocorp, BHEL, Dr Reddys Laboratories, Sterlite Industries Limited, Gail (India) and Reliance Industries Limited slipped between 2%-1%, Tata Power Company, Jindal Steel & Power Limited, HDFC Bank Limited and Bajaj Auto fell between 1%-0.50%, ONGC and Tata Motors Limited declined by 0.17% and 0.16% while Cipla Limited and Coal India Limited tad down by 0.05% and 0.02%.

Reliance Industries Limited declined down by 1.03%. In the company's AGM, Mr. Mukesh Ambani stated that RIL's business impacts several sectors of national importance and the companys investment will help boost countrys growth. According to Mukesh Ambani, RIL is key to the country's economic growth and country's future lies in the energy space.

Shree Ganesh Jewellery (SGJHL) surged up by 5.70%, after the company announced that the board has allotted 58,00,000 equity shares at Rs 150 per share (which includes a premium of Rs 140 per share) to the promoters/promoter group.

Deccan Chronicle spurted up by 13.61%, after the company reported a net profit of Rs 14.82 crore for the fourth quarter ended on March 2013, compared to a loss of Rs 2.21 crore in the previous quarter (Sep-Dec 2012).

Overall market breadth was almost neutral with 1,198 shares declined compared to 1,143 shares advanced while 161 shares remained unchanged.

05 June, 2013

Market Pulse - 5 Jun, 2013

Wed, Jun 5, 2013 at 16:00 PM
Markets closed marginally positive.
Market Update
Markets after opening weak,  slipped down further and remained subdued and traded in a range, till late noon buying interest was seen in index heavy-weight Reliance Industries Limited ahead of AGM, which led markets to closed marginally positive. Sensex closed up by 22.44 points or 0.11% at 19,568.22 after opening negative down by 13.36 points or 0.07% at 19,532.42 and touched a high of 19,604.43 and a low of 19,441.35 while Nifty closed up by 4.40 points or 0.07% at 5,923.85 after opened flat negative down by 11.15 points or 0.19% at 5,908.30 and touched a high of 5,883.70 and a low of 5,935.20 in the day.

Sectoral wise, Oil & Gas and Realty indices surged up by 1.77% and 1.35%, Metal, PSU, Capital Goods, Healthcare and Auti indices gained between 0.50%-0.20%, Power and Bankex advanced up marginally by 0.11% and 0.08%, while IT index dropped by 0.76%, FMCG and Consumer Durables fell by 0.50% and 0.45%. Broader markets too closed in line with index, with Mid-cap index closed almost flat up by 0.06% and Small-cap index flat up by 0.12%.

Major stock gainers were, Reliance Industries Limited surged up by 2.56%, ONGC, Sun Pharmaceuticals, Hindalco Industries Limited and Maruti Suzuki rose between 2%-1%, Gail (India), Jindal Steel & Power Limited, larsen & Toubro and HDFC Bank Limited gained between 1%-0.50%, State Bank of India, Tata Steel Limited, Sterlite Industries Limited, Mahindra & Mahindra, Tata Motors Limited, Dr Reddys Laboratories and Tata Consultancy Services advanced between 0.50%-0.20% while NTPC and Cipla Limited tad up by 0.06% and 0.03%.

Major stock losers were, Wipro Limited dropped by 1.59%, Infosys and HDFC fell by 1.32% and 1.23%, ITC, Bharti Airtel Limited, BHEL, ICICI Bank Limited, Bajaj Auto, Coal India Limited and Hero Motocorp slipped between 1%-0.20% while Tata Power Company and Hindustan Unilever fell marginally by 0.11% and 0.08%.

Overall market breadth was negative with 1,255 shares declined compared to 1,085 shares advanced while 148 shares remained unchanged.

04 June, 2013

Market Pulse - 4 Jun, 2013

Tue, Jun 4, 2013 at 16:00 PM
Markets closed lower.
Market Update
Markets gained after opening weak in the morning session and traded almost subdued in a range before it slipped down in the late noon trades amid sellings in banking and index heavy weights. Sensex closed down by 64.70 points or 0.33% at 19,545.78 after opening flat negative by 4.80 points or 0.02% at 19,605.68 and touched a high of 19,742.70 and a low of 19,522.47 while Nifty closed down by 19.85 points or 0.33% at 5,919.45 after opened flat up by 1.80 points or 0.03% at 5,941.10 and touched a high of 5,981.60 and a low of 5,910.25 in the day.

Sectoral wise, Healthcare index surged up by 2.12%, Capital Goods gained up by 0.93%, Power and FMCG indices advanced up by 0.55% and 0.35%, Consumer Durables index dropped by 1.18%, Bankex, Realty, IT and Auto indicdes declined between 1%-0.50%, Metal and Oil & gas fell by 0.45% and 0.23% while PSU down marginally by 0.09%. From the broader markets Mid-cap index closed almost flat positive up by 0.09% and Small-cap index flat advanced up by 0.35%.

Major stock gainers were, Dr. Reddys Laboratories, Cipla Limited, Wipro Limited, Larsen & Toubro, Mahindra & Mahindra and NTPC surged between 2%-1% each, Tata Power Company and Tata Steel Limited rose up by 0.96% and 0.57%, Bajaj Auto, ITC, ONGC, Bharti Airtel Limited and Sun Pharmaceuticals gained between 0.50%-0.10% while Hero Motocorp marginally tad up by 0.04%.

Major stock losers were, Tata Motors Limited and State Bank of India dropped by 2.34% and 2.11%, Jindal Steel & Power Limited, HDFC, Sterlite Industries Limited and Maruti Suzuki declined between 2%-1%, Reliance Industries Limited, BHEL, HDFC Bank Limited and Infosys fell betweeb 1%-0.50%, Hindalco Industries Limited, Tata Consultancy ServicesICICI Bank Limited, Coal India Limited and Hindustan Unilever  slipped down between 0.50%-0.20% while Gail (India) fell marginally by 0.10%.

Overall market breadth was marginally negative with 1,215 shares declined compared to 1,119 shares advanced while 162 shares remained unchanged.

03 June, 2013

Market Pulse - 3 Jun, 2013

Mon, Jun 3, 2013 at 16:00 PM
Markets closed lower, tracking weak global cues.
Markets after opening positive slipped into negative zone continued to trade lower due to selling pressure in Oil & Gas and Banking sectors shares, amid weak global cues. Sensex closed down by 149.82 points or 0.76% at 19,610.48 after opening up by 98.92 points or 0.50% at 19,859.22 and touched a high of 19,860.19 and a low of 19,541.97 while Nifty ended down by 46.65 points or 0.78% at 5,939.30 after opened up by 11.40 points or 0.19% at 5,997.35 and touched a high of 6,011.00 and a low of 5,916.35 in the day.

Sectoral wise, barring IT, Realty and Metal indices which close positively up by 0.93%, 0.85% and 0.54%, all other indices ended down with Oil & Gas index leading the list dropped by 1.97% followed by indices like, Auto fell by 1.02%, Power, Capital Goods, Consumer Duables, PSU and Bankex declined between 1%-0.50%, Healthcare index was down by 0.28% while FMCG almost flat down by 0.08%. From the broader markets index closed positive up by 0.33% and Small-cap index flat negatively down by 0.07%.

Major stock gainers were, Infosys surged up by 4.42%, Jindal Steel & Power Limited rose up by 2.25%, Tata Steel Limited, Gail (India), State Bank of India and Bharti Airtel Limited gained between 2%-1%, Dr Reddys Laboratories and Mahindra & Mahindra gained up by 0.98% and 0.83%, Coal India Limited up by 0.37 while Tata Motors Limited marginally up by 0.11%.

Major stock losers were, Hero Motocorp and Bajaj Auto dropped by 3.65% and 3.32%, ONGC, Sun Pharmaceuticals, HDFC, Maruti Suzuki and Reliance Industries Limited declined betwen 3%-2%, Tata Consultancy Services, HDFC Bank Limited, BHEL, NTPC, Tata Power Company, ITC and Larsen & Toubro fell between 2%-1%, Sterlite Industries Limited, ICICI Bank Limited, Hindalco Industries Limited and Cipla Limited slipped down between 1%-0.50%, Wipro Limited declined by 0.28% while Hindustan Unilever fell marginally by 0.06%.

Overall market breadth was negative with 1,307 shares declined compared to 1,013 shares advanced while 131 shares remained unchanged.

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