15 July, 2013

Market Pulse - 15 Jul, 2013

Market Update
Markets after opening weak in the morning gained momentum in the early noon trading session and sustaining its gain closed near at days high on a positive note, after hopes of growth recovery. Sensex ended the day up by 76.01 points or 0.38% at 20,034.48 after opening weak down by 32.37 points or 0.16% at 19,926.61 touched a high of 20,0072.44 and a low of 19,883.19 while Nifty closed up by 21.80 points or 0.36% at 6,030.80 after opening down by 17.80 points or 0.30% at 5,991.20, touched a high of 6,038.20 and a low of 5,980.95 for the day.

Sectoral wise, Realty and FMCG index rose up by 1.94% and 1.19%, Capital Goods, Bankex, Oil & Gas and Auto indices gained up between 1%-0.50%, Metal and Healthcare indices advanced up by 0.46% each, Consumer Durables gained up by 0.40% and PSU almost flat positive by 0.02% while Power fell by 0.78% and IT almost flat negative by 0.03%. From the Broader markets, Mid-cap and Small-cap indices closed higher compared to benchmark index  up by 0.90% and 0.80% respectively.

Major index stock gainers were, Hindalco Inds, Sterlite Inds and Bharti Airtel rose between 4%-3%, Mahindra & Mahindra, TCS, Bajaj Auto and Hindustan Unilever gained between 3%-2%, Wipro, SBI, L&T and Hero MotoCorp gained between 2%-1%, Cipla, RIL, Jindal Steel and ITC advanced between 1%-0.50%, Gail (India) and HDFC edged up by 0.37% and 0.11% while ICICI Bank marginally up by 0.08%.

Major index stock losers were, Coal India, Infosys, NTPC and Tata Steel dropped between 3%-2%, Tata Power and Tata Motors declined by 1.17% and 1.16%, BHEL, Dr Reddys Lab, Maruti Suzuki and ONGC fell between 1%-0.10% while HSFC and Sun Pharmaceuticals almost flat newgative down by 0.05% and 0.04%.

Polaris Financial Technology rose by 4.05%, on news of company's IT services business stake sell to Tech Mahindra is in the final stage.

Overall market breadth was firm positive with 1,346 shares advanced compared to 966 shares declined while 133 shares remained unchanged.

No comments:

Post a Comment

Share This

Popular Posts

Featured Post

Sukanya Samriddhi Scheme

Sukanya Samriddhi Scheme launched by Prime Minister Narendra Modi on 22nd Januray 2015 for girl child. Under the Sukanya Samridhi Sch...

news