Sensex, Nifty gains on FII inflows, strong buying - Stock Market Pulse

Sensex above 21000 as markets end at 5-week high

Markets closed higher for the fifth straight sessions. After trading for almost a range bound, markets staged recovery in the late session. It ended near the day’s high, led by heavy-weight Tata Motors and TCS. The S&P BSE Sensex and Nifty benchmark indices ended at 5-week high. The S&P BSE Sensex surged over 133 points or 0.63 percent to 21,120.20. After opening flat it touched a low of 20989 and a high of 21140. The CNX Nifty also gained over 38 points to end at 6276.95 gaining by 0.61 percent. It touched a high of 6282.7 and a low of 6228.1 in the intraday.

Among the sectoral indices Healthcare surged by 2.27 percent. IT, Auto and Capital Goods rose between 2-1 percent each. Metal index also gained nearly 1 percent. Bankex index advanced by 0.28 percent. Power and Realty were the other indices closing with gains. Whereas, Consumer Durables slipped by 0.67 percent. FMCG index declined by 0.33 percent and Oil & Gas index ended almost flat with negative bias. In the broader markets, Mid-cap index gained by 0.49 percent and Small-cap advanced marginally by 0.14 percent.

Among the sensex gainers, Hindalco Industries spurted nearly 7 percent. Tata Motors and TCS also gained over 4 percent. BHEL rose over 3 percent. ONGC, Sun Pharma, Axis Bank, Dr Reddys Lab and Cipla gained between 3-2 percent. Sesa Sterlite, Mahindra & Mahindra, Larsen & Toubro and Bajaj Auto also gained between 2-1 percent. ICICI Bank, SBI, Infosys, Gail (India) and Coal India were other gainers today.

In the sensex index losers, Maruti Suzuki skidded by 4.54 percent. NTPC dropped by 2.51 percent. Tata Steel Reliance Industries, HDFC Bank, Hindustan Unilever and Wipro slipped between 2-1 percent. Tata Power fell by 0.76 percent. Hero MotoCorp, ITC, Bharti Airtel and HDFC were the other index losers.

However, sensex breadth ended tad negative. Of the 2833 shares traded, 1357 shares declined and 1314 shares advanced. Whereas, 162 shares remained unchanged.

Tags – BSE Sensex, Market Pulse, Stock Market Pulse, Indian Stock Market

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Sensex, Nifty gains on FII inflows, strong buying
http://www.stockmarketpulse.net/2014/02/28/sensex-gains-fii-inflows-strong-buying/

Markets ends high; BSE Sensex gains 134 points

BSE Sensex gains 134 points to end at one-month high on February derivatives expiry

Markets ended the day higher, gaining for the fourth consecutive day. After opening flat, markets continued to gain amidst volatile trading session. The S&P BSE Sensex after opening flat up by 17 points touched a low of 20860 and a high of 21005. However, bse sensex ended the day by gaining 134.52 points or 0.65 percent to 20986.99. The CNX Nifty ended up by 38.75 points or 0.62 percent to 6238.80. It touched a low of 6202 and a high of 6246 intraday today.

Among the bse sensex sectoral indices FMCG and Capital Goods rose nearly 1 percent. Auto and Healthcare indices also gained between 0.9-0.8 percent. Power and Bankex indices also advanced between 0.6-0.5 percent. Consumer Durables, Oil & Gas and IT were the other sectoral indices closing with gains. While Metal index slipped nearly 2 percent and Realty index declined by 0.53 percent. However broader markets ended marginally higher. Mid-cap index inched up by 0.1 percent and Small-cap index advanced 0.23 percent.

Among the bse sensex, Gail (India) was the top gainer in the index surging nearly 3 percent. Dr Reddys Lab and ITC gained over 2 percent each. Mahindra & Mahindra gained by 2 percent. BHEL, Wipro, Sun Pharma, Bajaj Auto and Hero MotoCorp also rose between 2-1 percent. SBI and HDFC gained nearly 1 percent each. HDFC Bank, L&T, ONGC, Infosys and ICICI Bank advanced between 1-0.5 percent. Tata Motors, Cipla, Bharti Airtel, Hindustan Unilever, Axis Bank and Reliance Industries were among the other bse sensex index gainers.

Among the bse sensex losers Tata Steel dropped by 3.23 percent. Tata Power and Coal India slipped between 2-1 percent. Maruti Suzuki fell by 0.41%. TCS and NTPC also declined between 0.3-02 percent.

However market breadth ended marginally weak. With 1369 shares declining as compared to 1322 shares advancing. While 151 shares remained unchanged of the 2842 shares traded.

Tags – BSE Sensex, Market Pulse, Stock Market Pulse

Moving Averages Illustrated Comprehensively By HNK for BSE SENSEX

BSE Sensex gains 134 points; Markets ends high

CNX Nifty ends at 6200, faces resistance

Markets ends marginally higher; CNX Nifty faces resistance at 6200 levels

Markets ended marginally higher for straight third day. After opening positive markets turned weak amid selling pressure in afternoon trades. However, it recovered enough to close marginally higher amid narrow range volatile session. The S&P BSE Sensex ended marginally up over 41 points or 0.2 percent to 20,852.47. After opening up over 66 points at 20877 it touched a high of 20912 and a low of 20777. The CNX Nifty too gained marginally nearly 14 points or 0.23 percent to 6200.05. The CNX Nifty had touched a high of 6216 and a low of 6176 intraday today.

Among the sectoral indices Consumer Durables surged nearly 3 percent. IT index rose by nearly one percent. Auto and Capital Goods too gaining between 0.6-0.5 percent. FMCG and Healthcare indices gained marginally and while Realty index inched up. Whereas, Metal index slipped by 1.75 percent and Power index fell by 0.42 percent. Oil & Gas and Bankex indices closed almost flat with negative bias. In the broader markets Mid-cap index advanced by 0.32 percent and Small-cap index gaining tad up by 0.09 percent.

In the index gainers list, Wipro surged nearly 3 percent. Following the trend Bajaj Auto rose over 2 percent. BHEL and Cipla Limited gained nearly 2 percent. Bharti Airtel and Hindalco Industries also gained between 2-1 percent. Infosys, ITC, Larsen & Toubro and Tata Motors too gaining between 1-0.5 percent. TCS, Hero MotoCorp, HDFC Bank and HDFC were the other gainers, while ONGC ended flat.

In the index losers list, Coal India and Sesa Sterlite dropped by 2.26 percent each. Tata Steel and Tata Power slipping over 2 percent each. Gail (India) and NTPC also slipped between 2-1 percent. Dr Reddys Lab, ICICI Bank, Maruti Suzuki, Sun Pharma, SBI, Reliance Industries, Hindustan Unilever, Mahindra & Mahindra and Axis Bank were the other index losers.

Overall market breadth ended marginally weak. Overall 1355 shares declined as compared to 1312 shares advanced. While 153 shares remained unchanged of total 2820 shares traded.

Tags - CNX Nifty, Market Pulse, Stock Market Pulse

Multivariate Analysis to Get an Estimate of the Indian Stock Market CNX Nifty Index

Sensex gains 111 points; markets closes higher

Markets near one-month high; Sensex rises 111 points

Markets recovered after opening weak. It closed near days high surging for second straight day. The recovery was led by Capital Goods and Bankex sectoral shares. The S&P BSE Sensex gained nearly 111 points or 0.53 percent to 20,811.40. After opening weak it touched a low of 20637 and a high of 20695. The CNX Nifty also advanced nearly 31 points or 0.50 percent to 6,186.10. It touched a low of 6,130.80 and a high of 6,191.85 intraday today.

In the sectoral indices, Capital Goods index surged by 2.53 percent. Bankex and Healthcare gained by 1.2-1.1 percent. Oil & Gas, Auto and FMCG advanced between 0.7-0.4 percent. Consumer Durables and Realty indices closed flat. Whereas, Power index slipped by 1.45 percent. Metal index declined by 0.91 percent and IT index fell by 0.38 percent. In the broader markets, Mid-cap index fell by 0.3 percent and Small-cap index declined by 0.35 percent respectively.

Among the sensex gainers Tata Power spurted over 5 percent. BHEL and Axis Bank surged nearly 4 percent each. Larsen & Toubro and Dr Reddys Lab also surged between 3-2 percent. ONGC, Hero MotoCorp, HDFC, Gail (India), Mahindra & Mahindra, ICICI Bank and Wipro Limited gained between 2-1 percent. Sun Pharma gained nearly 1 percent. HDFC Bank, ITC, Maruti Suzuki, State Bank of India, Coal India Ltd, Bajaj Auto, Tata Motors, Reliance Industries and Hindustan Unilever were the other index gainers.

Among the sensex losers NTPC crashed over 11 percent. Bharti Airtel dropped nearly 2 percent. Tata Steel, Tata Consultancy Services and Sesa Sterlite declined between 2-1 percent. Cipla Limited and Hindalco Industries also fell by 0.5-0.3 percent. Infosys also closed almost flat with negative bias.

However market breadth was almost neutral. Out of 2809 shares traded, 1338 shares advanced as compared to 1323 shared declined. While 148 shares remained unchanged.

Tags – Sensex, BSE Sensex, Market Pulse, Stock Market Pulse

Stock Market in India: Bombay Stock Exchange and National Stock Exchange: A Comparative Analysis

Sensex stages pull back ends 164 points higher - Stock Market Pulse

Market stages pull back as Sensex ends 164 points higher

Indian Market today staged a pull back ending higher near days high. After opening firm in the morning it almost traded in a range before ending higher. Recovery was led by the banking shares amid firm global cues. Also, investors sentiment boosted after a survey indicated a brisk recovery in the US manufacturing. This sparked off a rally in the Asian market. The S&P BSE Sensex ended up over 164 points or 0.80 percent to 20700.75, after opening firm up neary 64 points in the morning session. The CNX Nifty also gained by 64 points or 1.05 percent to 6155.45. It had opened neary 17 points up in the morning.

Except for Realty index all the other sectoral indices closed with gains. Realty index has closed marginally weak by 0.10 percent. Capital Goods and FMCG indices surged by 1.3-1.2 percent. Bankex and IT index both ended up by 1.16 percent. Metal index gained by 0.85 percent and Oil & Gas index advanced by 0.74 percent. Consumer Durables, Auto, Power and Healthcare were the other indices ending the day with gains. In the broader markets Mid-cap index gained by 0.71 percent and Small-cap index advanced by 0.49 percent.

Among the sexsex gainers, Axis Bank surged nearly 3 percent. L&T, ITC and Tata Steel also gained nearly 2 percent. ICICI Bank, SBI, Tata Motor, Wipro and Infosys rose between 2-1 percent. Bajaj Auto also rose nearly 1 percent. Reliance Industires, HDFC, Gail (India), TCS and NTPC too advanced between 1-0.5 percent. Other sensex gainers include Tata Power, Hindalco Industries, Sesa Sterlite, Mahindra & Mahindra and ONGC.

Among the sensex losers, Bharti Airtel dropped nearly 3%. Sun Pharma slipped nearly 1 percent. Maruti Suzuki, Cipla and Hero MotoCorp ended down between 0.6-0.5 percent. BHEL, HDFC Bank, Hindustan Unilever and Coal India were the other losers.

The overall market breadth ended firm positive. Total 2816 shares traded today. Of which 1480 shares advanced and 1182 shares declined. While 154 shares remained unchanged.

Tags - Sensex, BSE Sensex, Market Pulse, Stock Market Pulse

Sensex stages pull back ends 164 points higher
http://www.stockmarketpulse.net/2014/02/21/sensex-stages-pull-back-ends-higher/

Banking shares drags markets down - Stock Market Pulse

Banking shares drags markets down; China PMI, US Federal plays spoil sport

Markets snapping its four day winning streak closed weak near days low. Banking shares and Metal sectors were the major in dragging the benchmark indices. US Federal Reserve’s last meeting caused the turmoil. Adding to the turmoil was China PMI (Purchasing Managers Index) which fell to 48 percent seven month low. The BSE Sensex slipped by 186 points or 0.9 percent at 20,536. It opened weak down nearly 62 points at 20661. The CNX Nifty also declined by 61 points or 1 percent at 6091. It opened down by 25 points at 6127.

Weakness in the sectoral market was seen. Bankex index dropped 1.63 percent and Metal indices slipped over 1 percent. FMCG and Oil & Gas indices fell by 0.9-0.8 percent. IT, Realty, Auto and Consumer Durables were the other indices closing weak. While Healthcare index closed almost flat with negative bias.

Power and Capital were the only sectoral indices posting marginal gains closing between 0.3-0.1 percent. Even the weakness was seen in broader markets. However the broader markets closed mixed. Mid-Cap index ended flat and Small-Cap index slipped marginally by 0.16 percent.

Among the Sensex gainers Dr Reddys Lab dropped by 1.82 percent. Bajaj Auto and Tata Power slipped nearly 1 percent each. BHEL, L&T and Wipro were the only other index gainers closing marginally positive.

Among the Sensex losers, banking shares were the main draggers. It includes ICICI Bank dropping over 2 percent. HDFC and HDFC Bank fells between 2-1 percent. Axis Bank slipping by 0.7 percent. Bharti Airtel slipped nearly 2 percent. SBI and Tata Steel also slipped 1.80 percent each. Hindalco, ITC, Coal India, Gail (India), Mahindra & Mahindra and Infosys fell down between 2-1 percent. Hero MotoCorp and Maruti Suzuki fell nearly 1 percent each. Reliance Industires, ONGC, Hindustan Unilever, Sun Pharma, Cipla, Sesa Sterlite, NTPC, TCS and Tata Motors were among the other index decliners.

The overall market breadth was firm negative. Of 2820 shares traded 1492 shares declined and 1180 shares advanced. While 148 shares remained unchanged.

Tags – Banking Shares, Market Pulse, Stock Market Pulse

Banking shares drags markets down
http://www.stockmarketpulse.net/2014/02/20/banking-shares-drags-markets/

IT Sector led market high; Sensex at 20722 - Stock Market Pulse

Markets ended higher led by IT sector shares

Markets today closed near days high in late trading session. After opening almost flat markets remained range bound for most part of the trading session. Late trade surge was backed by IT sector shares leading the gains. The S&P BSE Sensex closed nearly 89 points up or 0.43 percent to 20722.97. After opening flat Sensex touched a low of 20629 and a high of 20750. The CNX Nifty gained by 25.65 points or 0.42 percent to 6,152.75. It touched a high of 6160 and a low of 6125 intraday.

Among the sectoral indices IT sector index surged by 1.48 percent. Healthcare and Consumer Durables rose by 1.17 and 1.11 percent. Capital Goods index gained over 1 percent. Bankex, Realty and Oil & Gas were the other indices closing with gains. Metal index slipped over 1 percent, Power index fell by 0.41 percent. FMCG and Auto indices closed too marginally weak. In the broader market Mid-cap index gained by 0.5 percent and Small-cap index advanced 0.66 percent.

In the index gainers, Sun Pharma surged over 2 percent. IT Sector share Infosys surged over 2 percent, TCS and Wipro rose between 2-1 percent. HDFC Bank and L&T rose between 2-1 percent. Gail (India) rose by 0.74 percent. SBI, Dr Reddys Lab gained by 0.64 percent and ONGC, BHEL too gained by 0.60 percent. Mahindra & Mahindra, Cipla, Bharti Airtel and HDFC were the other gainers. While Axis Bank and Tata Motors closed flat.

In the index losers, Tata Power dropped over 2 percent. Sesa Sterlite, Hero MotoCorp, NTPC, Tata Steel and Bajaj Auto slipped between 2-1 percent. ICICI Bank and Maruti Suzuki fell by 0.7-0.6 percent. Hindustan Unilever, Hindalco Industries, ITC, Coal India and Reliance Industries were the other losers.

Overall market breadth was firm positive. Of the 2829 shares traded 1426 shares advanced and 1252 shares declined. While 151 shares remained unchanged.

Tags – IT Sector, Information Technology, Market Pulse, Stock Market Pulse

IT Sector led market high; Sensex at 20722
http://www.stockmarketpulse.net/2014/02/19/it-sector-led-market-high/

Financial shares led the markets high; Sensex at 20634 - Stock Market Pulse

Financial shares led the markets high; amid GDP growth forecast

Markets closed higher gaining for the straight fourth day. Market after opening flat gained momentum led by banking and financial shares. High growth forecast in the last two quarters led the sudden buying surge in the financial shares. The S&P BSE Sensex closed higher by 170 points or 0.83 percent to 20634. After opening almost flat at 20457 it touched a low of 20436 and a high of 20685. The CNX Nifty also rose nearly by 54 points or 0.89 percent to 6,127.10. It had touched a high of 6141 and a low of 6066 in the intraday.

In the sectoral front, Bankex index surged the most by 2.34 percent. Capital Goods index rose by 2.09 percent. Power and Metal index also gained between 2-1 percent. Auto index gained nearly 1% percent and Realty and Consumer Durables advanced by 0.6-0.5 percent. Healthcare index ended up by 0.22 percent. However FMCG index fell marginally by 0.28 percent while Oil & Gas and IT index ended almost flat with negative bias. Even the broader markets closed in line with benchmark index. Mid-cap index closed up by 0.71 percent and Small-cap index gained by 0.80 percent.

In the index gainers list was led by banking and financial shares. Axis Bank spurted by 4.42 percent. HDFC, ICICI Bank surged between 3-2 percent SBI and HDFC Bank rose by 1.74 and 1.54 percent each. Maruti Suzuki Tata Power and L&T surged between 3-2 percent. Tata Steel, BHEL and Tata Motors also gained between 2-1 percent. Mahindra & Mahindra and Hindalco Industries gained by 0.74 and 0.71 percent. Infosys, Sesa Sterlite, Dr Reddys Lab, Hindustan Unilever, Sun Pharma, Reliance Industries, NTPC and Hero MotoCorp were the other index gainers.

In the index losers list, Gail (India) slipped by 1.45 percent. Bharti Airtel and ITC declined by 0.95 and 0.80 percent. Wipro, Coal India and Cipla fell between 0.7-0.5 percent each. While TCS, ONCG and Bajaj Auto closed marginally weak.

Today market breadth was firm positive. Of the 2819 shares traded, 1419 shares advanced and 1218 shares declined. While 182 shares remained unchanged.

Tags – Financial shares, Market Pulse, Stock Market Pulse

Financial shares led the markets high; Sensex at 20634
http://www.stockmarketpulse.net/2014/02/18/financial-shares-led-markets-high/

GDP growth forecat pulls market higher - Stock Market Pulse

High GDP growth forecast for Q3,Q4 boosts market sentiment

Markets today closed higher post interim budget. After opening positive in morning markets traded range-bound. Market however closed higher after Finance Minister’s positive indication about GDP growth. Finance Minister has forecast GDP growth in the last two quarters to be at least 5.2 percent this fiscal year. The S&P BSE Sensex after opening up by 72 points at 20438 in the morning closed higher at 20464.06. It gained by 97.24 points or 0.48 percent. The CNX Nifty ended up nearly 25 points or 0.41% to 6,073.3.

Today sectoral indices closed mixed. Bankex was the top gaining index surging by 1.21 percent. Power, Auto and Healthcare indices also rising between 1-0.6 percent each. IT and Capital Goods were the other indices closing with marginal gains. Whereas, Realty index dropped by 0.82 percent. Consumer Durables and Metal indices also fell between 0.8-0.7 percent. Oil & Gas index declined by 0.49 percent while FMCG index closed marginally down by 0.11 percent. However broader market today underperformed as compared to benchmark index. Mid-cap index ended down by 0.18%, while Small-cap index ended almost flat with positive bias.

Among the index gainers Tata Power spurted by 4.81 percent. Mahindra & Mahindra, Dr Reddys Lab and ICICI Bank surged between 2-1 percent. Hero MotoCorp, Maruti Suzuki and HDFC Bank rose between 2-1.3 percent. HDFC and Axis Bank gained 1.15 percent each whereas NTPC gained by 1.10 percent. Tata Steel, ONGC, Gail (India), L&T, Infosys, Bajaj Auto, Cipla, TCS, ITC and Hindustan Unilever were among the index gainers.

Among the index losers, Coal India, Hindalco Industries and Reliance Industries slipped between 2-1 percent. Wipro and BHEL fell by 0.6-05 percent. Sun Pharma, Tata Motors and Sesa Sterlite also declined between 0.5-04 percent each. SBI fell marginally by 0.12 percent while Bharti Airtel closed almost flat down by 0.03 percent.

However market breadth today ended weak. Out of 2765 shares traded, 1373 shares declined as compared to 1235 shares advanced. While about 157 shared remained unchanged.

Tags – GDP Growth, GDP Growth India, Gross Domestic Product, Market Pulse, Stock Market Pulse

GDP growth forecat pulls market higher
http://www.stockmarketpulse.net/2014/02/17/gdp-growth-forecat-pulls-market-higher/

Wholesale price index at 5.05% in January 2014 - Stock Market Pulse

WPI (Wholesale Price Index) inflation at 8-month low in January 2014

Wholesale price index declined to an eight month low in January due to an unexpectedly sharp fall in vegetable rates.

As per the data released by commerce and industry on Friday inflation based on WPI (Wholesale price index ) has slowed. The annual rate of inflation, based on monthly WPI (Wholesale price index ), stood at 5.05% for the month of January, 2014 (over January, 2013) as compared to 6.16% for the previous month and 7.31% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.17% compared to a build-up rate of 5.78% in the corresponding period of the previous year. The consensus expectation was for a decline to 5.8%. The drop in headline inflation has, however, not enthused economists because of a rise in core inflation, a measure of demand closely tracked by the Reserve Bank of India (RBI).

Retail inflation is relatively new index. This index has got more attention because RBI (Reserve Bank of India) has placed it at the center of its monetary policy focus. The retail inflation declined from 9.87% in December 2013 to 8.79% in January 2014.

The Central Statistics Office projected growth for the 2013-14 fiscal year at 4.86%. The second successive year in which it will be below 5%. 2012-13 GDP growth was revised down to 4.5% from 5% estimated earlier, the slowest in 10 years.

Manufactured products' inflation inched up to 2.76% in January 2014 from 2.64% in December 2013.

Tags – Wholesale Price Index, Market Pulse, Stock Market Pulse

Wholesale price index at 5.05% in January 2014
http://www.stockmarketpulse.net/2014/02/15/wholesale-price-index-5-05-january-2014/

Sensex gains as heavy-weight pulls market - Stock Market Pulse

Sensex gains as index heavy-weight pulls market up; January WPI eases to 8-month low

Markets closed higher after slipping to day's low. It surged up staging a recovery in the late noon sessions. Recovery was led by the index heavy-weight. Further WPI (wholesale price inflation) also helped in improving the market sentiment. January WPI has eased to 8-month low. The S&P BSE Sensex gained by over 173 points or 0.86% to 20,366.82. After opening up by nearly 72 points, it slipped to a low of 20149. However it soon recovered and touched a high of 20,391.95 and settled down at 20366.82. The CNX Nifty also opening up by nearly 23 points at 6,023.75, touched a low of 5984 and a high of 6056. It also posted a gain of 47.25 points or 0.79% to close at 6,048.35.

Among the sectoral indices Healthcare index was the lone loser declining marginally by 0.12%. Whereas IT index was the top gainers surging by 1.39%. Oil & Gas index also rose by 1.21%. Consumer Durables and Metal index gained by 0.94% and 0.70%. Bankex, Capital Goods, Realty, Power, Auto and FMCG were the other sectoral indices closing in green. However, in the broader market closed marginally weak. Mid-cap index closed marginally up by 0.11% and Small-cap index ended almost flat down by 0.04%.

Among the sensex gainers Tata Motors surged over 3%. Gail (India) also rose by 2.56%. Reliance Industries, HDFC Bank, Infosys, NTPC, TCS, Wipro and Tata Steel too gained between 2-1%. Tata Power, ITC, ONGC, Bharti Airtel, Dr Reddys Lab, ICICI Bank, HDFC, L&T, Sesa Sterlite, Maruti Suzuki, Hindustan Unilever and Axis Bank were among the other gainers.

Among the sensex losers Bajaj Auto dropped by 3.42%. BHEL and Cipla slipped between 3-2%. Hero MotoCorp, and SBI also fell between 2-1%. Sun Pharma, Mahindra & Mahindra, Hindalco Industries, Hindalco Industries and Coal India were the other index losers.

However market breadth ended in negative. Of the 2729 shares traded, 1400 shares declined and 1185 shares advanced. While 144 shares remained unchanged.

Tags - Sensex, Market Pulse, Stock Market Pulse

Sensex gains as heavy-weight pulls market
http://www.stockmarketpulse.net/2014/02/14/sensex-gains-heavy-weight-pulls-market/

BSE Sensex drops 255 points; Cipla tanks over 7% - Stock Market Pulse

Markets snaps 3-day winning streak; BSE Sensex dips 255 points

Markets snapping its three day winning streak closed lower today. After opening positive in morning it continued to slide down and settled down near day’s low. Banking and financial shares pulled the benchmark index down. Investors booked profits citing weakness in Asian and European markets. The S&P BSE Sensex dropped by 255.14 points or 1.25% at 20,193.35, after opening up by 30 points at 20,478 in the morning. The CNX Nifty also declined by 83 points or 1.36% at 6,001.10 after opening almost flat positive up by 4 points at 6,087.55.

In the sectoral indices, barring Realty index which managed to close up by 0.39% all the other indices closed weak. Bankex and Capital Goods indices dropped over 2%. Power, Oil & Gas, Metal and Healthcare indices fell between 2-1% each. FMCG index declined nearly by 1% and Consumer Durables also fell by 0.6%. Auto and IT indices closed marginally weak. Even in the broader markets weakness was seen. Mid-cap index fell by 0.83% and Small-cap index too declined by 1.05% respectively.

Among the BSE Sensex gainers, TCS and Mahindra & Mahindra gained by 1.42% and 1.16%. Sesa Sterlite and Sun Pharma advanced between 0.7-0.6%.

Among the BSE Sensex losers, Cipla tanked over 7%. BHEL, Coal India, ONGC and Hindalco Industries dropped between 4-3%. Tata Power, HDFC, L&T, SBI, Dr Reddys Lab and Hindustan Unilever fell between 3-2%. HDFC Bank and ICICI Bank fell nearly 2% and Axis Bank also declined by 1.61%. Tata Steel, Bharti Airtel, Bajaj Auto, Gail (India), Reliance Industries, Wipro and ITC were also down between 2-1% respectively. NTPC, Maruti Suzuki, Infosys, Hero MotoCorp and Tata Motors also closed on the losing side.

Cipla was the top Sensex loser down over 7%. It reported a 17% fall year-on-year (y-o-y) in consolidated net profit for the Q3 ended December 2013, due to higher cost. It had reported a profit of Rs 340 crore in the same quarter for the previous fiscal.

The marked breadth was firm negative. Of the 2732 shares traded, only 924 shares advanced whereas 1658 shares declined. While 150 shares remained unchanged.

Tags – BSE Sensex, Market Pulse, Stock Market Pulse

BSE Sensex drops 255 points; Cipla tanks over 7%
http://www.stockmarketpulse.net/2014/02/13/bse-sensex-drops-255-points-cipla-tanks/

Sensex gains most in 3 weeks; up by 85 points - Stock Market Pulse

Markets closes high; Sensex gains most in 3 week up by 85 points

Markets closing high for the third straight day. Market sentiment got boost boost as US Federal Reserve's new chairperson hinted keeping the monetary policy unchanged. Buying in Capital Goods and Oil & Gas sector shares supported the benchmark index to post gains. The S&P BSE Sensex gains over 85 points or 0.42% to 20,448.49. After opening up by over 86 points, it touched a high of 20,517. Before settling at 20449.49 it touched a low of 20,427. The CNX Nifty ended the day at 6,084 up by 21.30 points or 0.35%. After opening up nearly by 23 points it touched a high of 6,107 and a low of 6,077 intraday.

Among the sectoral indices, Metal index dropped by 1.33%. FMGC index fell by 0.85%. Realty and Healthcare index also declined by 0.4-0.2%. and Power index down marginally by 0.11%. Whereas sectoral indices lending to Sensex gains were, Capital Goods surging by 1.51% and Oil & Gas index gained by 1.27%. Bankex index also rose nearly by 1%. Auto and IT index were the other sectoral indices closing with gain. However the broader markets today ended flat. Mid-cap index closed flat while Small-cap index too ended almost flat with positive bias.

Sensex gains was led by ICICI Bank surging over 3%. Gain (India) and ONGC both followed the trend by rising nearly 2.6% each. L&T, Reliance Industries, BHEL, HDFC and Hidustan Unilever also gained between 2-1%. SBI also advanced nearly by 1%. Hero MotoCorp, Tata Motors, Sun Pharma, TCS, Infosys, HDFC Bank and Cipla were some of the other index gainers.

Among the index losers, Tata Steel dropped over 4%. Maruti Suzuki, Dr Reddys Lab, ITC, NTPC and Hindalco Industries fell between 2-1%. Tata Power and Sesa Sterlite also declined by 0.9-0.7%. Bajaj Auto, Axis Bank, Wipro, Coal India and Mahindra & Mahindra too were the other index losers.

The overall market breadth was weak. Of the 2762 shares traded, 1343 shares declined and 1282 shares advanced. While 137 shares remained unchanged.

Tags - Sensex gains, Market Pulse, Stock Market Pulse

Sensex gains most in 3 weeks; up by 85 points
http://www.stockmarketpulse.net/2014/02/12/sensex-gains-3-weeks-85-points/

Ahead of key economic data, market ends flat - Stock Market Pulse

Markets ended almost flat ahead of key economic data

Markets after opening positive in the morning closed almost flat with a positive bias. Investors turned cautious ahead of key economic data, which is due for release tomorrow. The S&P BSE Sensex after opening up by 67 points or 0.32% at 20,400.94 touched a high of 20443.35. It however ended marginally higher at 20,363.37 a gain of 29.1 or 0.14%, after touching a low of 20349.51. The CNX Nifty ended 9.25 points up or 0.15% at 6,062.70, holdings its 6050 level. After opening positive in the morning it touched a low of 6053.25 and thereafter a high of 6081.85.

In the sectoral indices, Power index dropped by 1.02% and Realty index slipped nearly 1%. Oil & Gas and Healthcare index also declined by 0.58% and 0.32%. Capital Goods and FMCG index too ended the day by losing marginally. Whereas, IT index gained nearly 1%, followed by Auto index gaining nearly 0.8%. Consumer Durables, Bankex and Metal index too advanced between 0.6-0.3%. Even the broader markets ended the day flat. Mid-cap index gained marginally by 0.28% while Small-cap index advanced mere by 0.10%.

In the gainers list, Tata Motors surged the most by 2.83% followed by Tata Steel up by 2%. ONGC, HDFC and ICICI Bank rose between 2-1%. Infosys, Tata Power and Sesa Sterlite too advanced between 0.8-0.5%. Bajaj Auro, TCS, SBI, Axis Bank nad HDFC Bank also ended the day with gains. Whereas Mahindra & Mahindra and ITC closed almost flat up by 0.02% each.

In the losers list, NTPC and Hindalco Industries fell by 2.21% and 2.01%. Reliance Industires and Hero MotoCorp too lose nearly 2% each. Maruti Suzuki fell by 0.82%, Bharti Airtel, Dr Reddys Lab and Gail (India) too declined by 0.67% each. BHEL, Sun Pharma, Hindustan Unilever, Cipla, L&T and Wipro were the other losers on the list. While Coal India closed almost flat down by 0.02%.

However market breadth ended negative. With 2775 shares traded, 1370 shares declined and 1266 shares advanced. While 139 shares remained unchanged.

Tags - Key Economic Data, Market Pulse, Stock Market Pulse

Ahead of key economic data, market ends flat
http://www.stockmarketpulse.net/2014/02/11/ahead-key-economic-data-market-closes-flat/

CNX Nifty holds 6050 level, markets end lower - Stock Market Pulse

Markets closed marginally lower as CNX Nifty holds 6050 level

Markets closed marginally lower near day's low, as FII's (foreign institutional investors) restored to selling in index heavy-weights. After opening positive in the morning markets slipped near the previous day's close. Markets before slipping down and settling at day's low, it traded almost range bound till late noon. The S&P BSE Sensex fell marginally by 42.29 points or 0.21% at 20,334.27. It remained in the range of 20,434 to 20312 intraday. The CNX Nifty ended down marginally by 9.75 points or 0.16% at 6,053.45. It remained in the range of 6,073 to 6046 intraday today.

In the sectoral indices, Consumer Durables index surged by 1.53% and Realty index rose by 1.15%. Capital Goods and Oil & Gas too advanced by 0.7-0.6%. Healthcare and Auto were the other indices ended with gains. Whereas, Bankex and Metal indices fell by 0.6-0.5%. IT index declined by 0.42%, Power index slipped by 0.23% while FMCG ended almost flat with negative bias. In the broader markets Mid-cap index almost closed flat up 0.05% while Small-cap index ended marginally up by 0.18%.

Among the sensex gainers Dr Reddys Lab surged over 2%. Sun Pharma, Maruti Suzuki, L&T and ONGC rose between 2-1% each. Reliance Industries and Tata Motors Ltd too gained by 0.9-0.8%. Tata Power Limited and ITC advanced by 0.6-.05%. Hindalco Industries, Wipro Limited, Coal India, BHEL and Infosys were among the other sensex gainers.

Among the sensex losers, Bharti Airtel, Tata Consultancy Services, Hindustan Unilever and HDFC Limited fell between 3-2%. Gail (India) and Sesa Sterlite declined between 2-1%. Cipla Limited and State Bank of India fell by 0.9-0.8%, Hero MotoCorp and HDFC Bank also ended down by 0.8-0.6%. Tata Steel Limited, Axis Bank, ICICI Bank, NTPC, Bajaj Auto and Mahindra & Mahindra were among the sensex losers.

However the market breadth was positive. Out of 2726 shares traded 1328 shares advanced and 1246 shares declined. While 152 shares remained unchanged.

Tags - CNX Nifty, Market Pulse, Stock Market Pulse

CNX Nifty holds 6050 level, markets end lower
http://www.stockmarketpulse.net/2014/02/10/cnx-nifty-holds-6050-level-markets-end-lower/

GDP growth at 4.9% versus 4.5% in FY13 - Stock Market Pulse

Government pegs GDP growth at 4.9% for FY 1314 versus 4.5% in FY13

India’s economic GDP growth rate for the current fiscal has been estimated at 4.9%. Economic growth rate rose than the previous fiscal year. The rise was due to improved performance in the agriculture and allied sectors. The CSO (Central Statistics Office) had lowered GDP growth for fiscal 2012-13 to 4.5% in its revised estimates from an earlier provisional forecast of 5%.

The CSO has projected a GDP growth rate of 4.6% for fiscal 2013-14, in agriculture and allied sectors. A rise from 1.4% as compared to a year earlier. However, manufacturing is expected to register a contraction of 0.2% for the current fiscal year, as compared with growth of 1.1% previous year.

The GDP growth for the current fiscal year estimated at 4.9% improved in the second half, given that GDP grew at 4.6% in the April-September period.

According to advance estimates, the service sector is likely to grow 11.2%, as compared to 10.9% for fiscal 2012-13. This includes finance, insurance, real estate and business services sectors. Mining and quarry is likely to contract 1.9%, compared with a 2.2% decline in production a year ago. Growth in construction is likely to improve from 1.1% in 2012-13 to 1.7% this fiscal.

Growth in electricity, gas and water production is also estimated to improve from 2.3% in 2012-13 to 6% this fiscal year.The trade, hotel, transportation and communication sectors too are projected to grow by 3.5%. Community social and personal services would grow at 7.4% as compared with 5.3% for previous fiscal year.

The CSO releases advance GDP growth estimates before the end of the financial year to enable the government to formulate various estimates for inclusion in the Budget.

Per capita income in real terms (at 2004-05 prices) during 2013-14 is likely to attain a level of Rs 39,961 as compared to the first revised estimate for the year 2012-13 of Rs 38,856.

The growth rate in per capita income is estimated at 2.8 per cent as against the previous year’s estimate of 2.1%, CSO said.

Per capita income at current prices during 2013-14 is estimated to be Rs 74,920 compared with Rs 67,839 during 2012-13, a rise of 10.4%.

Gross Fixed Capital Formation (GFCF), an indicator of investment, is forecast at Rs 32.2 lakh crore at current prices as against Rs 30.7 lakh crore in 2012-13.

At constant (2004-05) prices, GFCF is estimated at Rs 20.1 lakh crore in 2013-14 as against Rs 20.0 lakh crore.

In terms of GDP at market prices, the rates of GFCF at current and constant (2004-05) prices during 2013-14 are estimated at 28.5 per cent and 32.5 per cent, respectively, as against the corresponding rates of 30.4% and 33.9%, respectively in 2012-13.

The rate of expenditure on valuables at current prices has gone down from 2.6% in 2012-13 to 2.1% in 2013-14, the statement added.

FMCG heavy weight led the market gains - Stock Market Pulse

FMCG heavy weight, HUL and ITC pulls the market up

Markets managed to close higher posting its straight third gain. After opening positive in the morning markets slipped into the red zone. However the recover was seen in the late noon trading session. Recovery in the market was led by FMCG heavy weight shares ITC and Hindustan Unilever. The S&P BSE Sensex closed up by 49.71 points or 0.25 to 20,310.74. It opened marginally up by 25 points or 0.12% at 20,286.09, and touched a high of 20,358 and a low of 20,079. The CNX Nifty opened up by nearly 6 points or 0.10% at 6,028.35. Before settling at 6,036.30 up by 14 points or 0.23%, it touched a high of 6,048 and a low of 5,965 intraday.

In the sectoral indices, Realty index slipped by 1.57%. Capital Goods index fell nearly by 1%. Bankex, IT and Healthcare indices also closed weak. FMCG index surged by 1.36% and Consumer Durables rose by 1%. Metal and Auto index also gained by 0.92% and 0.85%. Power and Oil & Gas indices also managed to post some gains. The broader market closed a bit mixed. Mid-cap index fell by 0.18% and Small-cap index closed almost flat with positive bias.

In the gainers list Coal India spurted by 4.59%, followed by Tata Power surging by 3.22%. FMCG heavy weight Hindustan Unilever gained by 2.9% and ITC advanced by 1.77%. Mahindra & Mahindra and Maruti Suzuki rose between 3-2%. HDFC bank, Wipro and Hindalco Industries also gained between 2-1% each. NTPC, Tata Steel, Tata Motors, Bharti Airtel, Sun Pharma, Hero MotoCorp and Dr Reddys Lab were among the other index gainers.

In the losers list, BHEL slipped by 2.43%. Axis Bank, Cipla, TCs and SBI also declining between 2-1% each. Gail, L&T, ICICI Bank, ONGC, Sesa Sterlite, Infosys, HDFC, Reliance Industries and Bajaj Auto were the other index losers.

However market breadth ended slightly negative. Out of the 2720 shares traded 1289 shares declined as compared to 1261 shares advanced. While 170 shares remained unchanged.

Tags - FMCG heavy weight, Market Pulse, Stock Market Pulse

FMCG heavy weight led the market gains
http://www.stockmarketpulse.net/2014/02/06/fmcg-heavy-weight-led-market-gains/

Market rebounds from lower level - Stock Market Pulse

Market rebounds from its 4-month low level

Markets managed to close almost flat with positive bias. After opening weak it fell to 4-month low as benchmark index breached the 200 day moving average. However, it gained momentum and recovered from the lower levels in the late noon trades. The S&P BSE Sensex closed just 2.67 points or 0.01% at 20,211.93. It touched a high of 20,255.52 and a low of 19,963.12 intraday. The CNX Nifty closed down by nearly 1 point or 0.01% at 6,000.90. It touched a high of 6,017.80 and a low of 5,933.30 in the intraday.

In the sectorial indices, IT index fell by nearly 2%. Healthcare and Metal indices too slipped by 0.5-0.7% and Oil & Gas index closed marginally weak by 0.12%. Whereas Bankex index gained nearly by 1%, followed by FMCG index advancing by 0.78%. Power and Realty index too managed to gain between 0.5-07%. Capital Goods and Consumer Durables were the other sectorial indices closing with the gains. In the broader markets, Mid-cap index advanced by 0.39% and Small-cap index gained by 0.19% respectively.

Among the index gainers, Bharti Airtel and NTPC surged over 3% and Tata Motors gained by 2.76%. Bajaj Auto, State Bank of India, ITC, Coal India, HDFC Bank and Hero MotoCorp rose between 2-1% each. ICICI Bank, Cipla, L&T, Hindustan Unilever, Reliance Industries, ONGC and Axis Bank the other index gainers. However, Tata Power ended flat.

Among the index losers, Mahindra & Mahinrda and Gail (India) dropped over 3%. BHEL and Dr. Reddys Lad also slipped over 2%. TCS, Wipro, Infosys and Sun Pharma declined between 2-1%. Sesas Sterlite, HDFC, Tata Steel and Maruti Suzuki were the other shares on the losing side.

The overall market breadth ended tad positive. Of the 2653 shares traded, 1269 share advanced as compared to 1238 shares declined. While 146 shares remained unchanged.

Tags - Market rebounds, Market Pulse, Stock Market Pulse

Market rebounds from lower level
http://www.stockmarketpulse.net/2014/02/04/market-rebounds-lower-level/

Market closes lower, amid weak China economic data - Stock Market Pulse

Market closes lower, amid weak China economic data

Markets today closed near the day's low. After opening weak it continued to trade weak, as China posted economic data raising worries that the global growth is still struggling. Further dampening the market sentiment was the US Federal's decision to further taper its monetary stimulus. The S&P BSE Sensex closed down by 304.59 points or 1.48% at 20,209.26. It opened down by 34.82 points or 0.17% at 20,479.03. The CNX Nifty also slipped by 87.70 points or 1.44% at 6,001.80. It opened gap down by 30.7 points or 0.50% at 6,058.80.

Among the sectoral indices, except for Healthcare index which closed up by 1.10% all other indices closed weak. Metal index was the top loser by felling 3.06%. Following the trend, Realty index also declined by more than 2%. Bankex, Power, Oil & Gas, Auto and IT indices slipped between 2-1% each. FMCG, Consumer Durables and Capital Goods were the other sectoral indices closing weak. Even the broader market closed weak. Mid-cap index fell by nearly 1% while Small-cap index down by nearly 0.5%.

There only couple of shares in the index gainers list managing to close in green. Gail (India), Dr Reddys Lab and Sun Pharma gained between 2-1%. Cipla Limited advanced by 0.57% and Axis Bank gained by 0.23%.

Among the index losers, Hindalco Industries was the top loser dropping by nearly 6%. Following the trend were Tata Steel Limited, Bajaj Auto, BHEL, Tata Motors Ltd and ONGC shares felling between 4-3%. Bharti Airtel Limited, ICICI Bank, State Bank of India, HDFC and Infosys too fell between 3-2%. Wipro Limited, Sesa Sterlite, Tata Consultancy Services, Maruti Suzuki, Tata Power Ltd, Reliance Industries and ITC also declined between 2-1%. Hero MotoCorp, L&T, Mahindra & Mahindra, Coal India Limited, HDFC Bank, NTPC and Hindustan Unilever were the other index losers.

Today market breadth ended firm negative. Of 2675 shares traded, 1434 shares ended weak as compared to 1096 shares advancing. While 145 shares remained unchanged.

Market closes lower, amid weak China economic data
http://www.stockmarketpulse.net/2014/02/03/market-closes-lower-amid-weak-china-economic-data/