Market Pulse - 31 Jan, 2014
Market Pulse - 31 Jan, 2014
http://www.stockmarketpulse.net/2014/01/31/market-pulse-31-jan-2014/
Markets closed almost flat, after opening weak, amid volatile trading session. It recovered in the late trading session, led by IT sector shares, as FII's (foreign institutional investors) continued to buy despite weakness in the markets. The S&P BSE Sensex closed marginally down by 37 points or 0.18% at 20,851.33. It touched a high of 20,885.18 and a low of 20,731.33. The CNX Nifty slid marginally by 0.16% or 10 points at 6,211.15. It touched a high of 6,221.70 and a low of 6,171.25 intraday.
Among the sectoral indices, Power, Oil & Gas, Metal, Auto and Capital Goods ended down between 2-1% each, while IT index surged by 2.19%. FMCG, Consumer Durables and Healthcare indices also ended in the positive. The Broader markets ended up as compared to benchmark index. Mid-cap and Small-cap index both rose to 0.60% each.
Among the index gainers, TCS and Infosys surged by 2.76% and 2.61%, Maruti Suzuki and Sun Pharma gained by 1.65% and 1.05%. HDFC Bank, Hero MotoCorp, Wipro, Hindustan Unilever, Gail (India), Bharti Airtel and Bajaj Auto were other gainers.
Among the index losers, Mahindra & Mahindra and Tata Power fell by 3.85% and 3.83%, Tata Power, L&T and NTPC slipped between 3-2%, ONGC, BHEL, Coal India, Hindalco Inds, Tata Steel, SBI, Reliance Industires and Dr Reddys Lab declined between 2-1% each. Axis Bank, ICICI Bank, Sesa Sterlite, HDFC, ITC and Cipla were other index losers.
However, the market breadth ended positive with 1,274 shares advancing as compared to 1,182 shares declining, while 168 shares remained unchanged.
Tags - Market Pulse, Stock Market Pulse
Markets closed weak near day's low as it stumbled in late noon trading session . Disappointing December 2013 HSBC PMI (Purchasing Manager's Index) was the reason of markets declining. The S&P BSE Sensex slipped by 252.15 points or 1.19% at 21,140.48. It touched a high of 21,331.32 and a low of 20,846.67. The CNX Nifty dipped by 80.50 points or 1.28% at 6,221.15. It touched a high of 6,358.30 and a low of 6,211.30.
Among the sectoral indices, expect for IT index which closed marginally gaining by 0.11% all the other indices closed weak. Realty index was the top loser shedding 3.07%, followed by Capital Goods and Power indices which declined by 2.84% and 2.09%. Bankex, Oil & Gas, Metal, Consumer Durables and FMCG declined between 2-1%, Auto and Healthcare also closed weak. Even the broader markets closed weak in line with benchmark index. Mid-cap index fell by 1.77% and Small-cap index slipped by 2.03%.
TCS advancing by 0.40%, Maruti Suzuki gaining by 0.34%, Sun Pharma and Infosys also gaining by 0.26% and 0.24%, were the only shares which managed on the gaining side.
Among the index losers, BHEL, Tata Power, Coal India and L&T dropped between 4-3%, Bharti Airtel, ONGC, Cipla, NTPC, ITC and ICICI Bank too slipped between 3-2% each. Hindustan Unilever, Reliance Industries, Axis Bank, Tata Steel, SBI, HDFC Bank, Mahindra & Mahindra were some of the other index laggards.
Overall market breadth ended weak with 1,564 shares declining as compared to 1,038 shares advancing, while 129 shares remained unchanged.
Tags - Market Pulse, Stock Market Pulse
Sukanya Samriddhi Scheme launched by Prime Minister Narendra Modi on 22nd Januray 2015 for girl child. Under the Sukanya Samridhi Sch...