March 10, 2014

Markets closed flat; BSE Sensex all-time high

Markets today ended almost flat; however BSE Sensex all-time high

Markets closed flat; BSE Sensex all-time high
Market today closed tad higher, gained for the fourth consecutive day. After opening weak, the market traded range bound. BSE Sensex all-time high was recorded just before closure of the market. The BSE Sensex ended up by gaining 15 points or 0.07 percent to 21934.83. Earlier in the day, BSE Sensex all-time high of 22023.98 and a low of 21805 was noted in the intra-day session. The CNX Nifty too closed marginally higher. It gained nearly 11 points or 0.16 percent to 6537.25. It touched a high of 6562.2 and a low of 6487.35 in the intra-day.

In the sectorial, Capital Goods and Realty index surged by 2.77 and 2.47 percent. Bankex index gained by nearly 2 percent. Oil & Gas index also advanced over 1 percent. Power and Auto were the other indices closing with the significant gains. Whereas IT index dropped by 2.42 percent. Healthcare index slipped by 1.67 percent. And the Metal index fell about 1 percent. Consumer Durables also ended in red. However, broader markets out-performed the benchmark index. Mid-cap index advanced by 0.44 percent while Small-cap index gained by 0.77 percent.

Among the index gainers, Maruti Suzuki surged the most by 3.74 percent. Mahindra & Mahindra, L&T and HDFC Bank also surging between 4-3 percent each. SBI, Bajaj Auto and BHEL rose between 3-2 percent. Reliance Industries, Axis Bank, Hindustan Unilever, Bharti Airtel and ONGC gained between 2-1 percent. Hero MotoCorp, NTPC and HDFC were other index gainers.

Among the index losers, TCS dropped by 3.67 percent followed by the Tata Motors slipping by 3.20 percent. Sun Pharma, Gail (India), Coal India and Hindalco Industries fell between 3-2 percent. Infosys, Tata Steel, Wipro, Dr Reddys Lab and Cipla too dropped between 2-1 percent each. Sesa Sterlite ended down nearly 1 percent. ITC, ICICI Bank and Tata Power were the other index losers.

Overall the market breadth ended in the positive zone. Out of the 2966 shares traded, 1458 shares advanced and 1348 shares declined. Whereas 160 shares ended unchanged.

Tags - BSE Sensex All-time High, Market Pulse, Stock Market Pulse, Stock Exchanges, Investments and Derivatives: 3

March 7, 2014

Foreign institutional investors boosts markets

Markets at all-time high as foreign institutional investors emerged as net buyers

Foreign institutional investors boosts markets
Markets today closed at all-time high, closing high for straight third day. After opening flat market continued to gain through-out the trading session to close near days high. Foreign institutional investors seems to have vindicated, improving macro-economic data and the survey showing BJP-led government coming to power. Foreign institutional investors have been buyers for past 15 trading sessions.

The BSE Sensex gained by 1.89 percent up by 405.92 points to 21919.79. It touched a high of 21960.89. The CNX Nifty surged nearly 2 percent up by 125.50 points to 6526.65. It opened at 6413.95 which too was day's low, and touched a high of 6537.8 intraday.

In the Sectoral, Healthcare and IT were the only indices dropping over 2 percent each. Whereas, Realty and Bankex indices spurted by 5.40-5.35 percent each. Capital Goods index surged over 4 percent and Oil & Gas gained by 3.65 percent. Power, Metal, Auto and Consumer Durables also declined between 2-1 percent each. Whereas, FMCG index advanced by 0.56 percent. However broader markets under performed as compared to benchmark index. Both the Mid-cap and Small-cap index declined by 0.21-0.22 percent respectively.

Foreign institutional investors have been net buyers in equity market leading the market rally. Among the index gainers, BHEL spurted over 6 percent. ICICI Bank, Axis Bank, Reliance Industries, Bharti Airtel, HDFC Bank and Maruti Suzuki surged between 6-5 percent. L&T and SBI too surged between 5-4 percent. Hindalco Industries, Coal India, Mahindra & Mahindra, ONGC, Tata Steel, HDFC and Gail (India) gained between 4-1 percent. ITC, Tata Power, Tata Motors, Cipla, Hindustan Unilever and Sesa Sterlite were the other index gainers.

Among the index losers, Dr Reddys Lab and Wipro dropped between 4-3 percent. Infosys fell by 2.47 percent. Sun Pharma slipped by 1.43 percent. TCS, Hero MotoCorp, NTPC and Bajaj Auto were the other index losers.

However, market breadth was negative. Out of 2980 shares traded, 1466 shared declined and 1354 shares advanced. While 160 shares remained unchanged.

Tags – Institutional Investors, Foreign Institutional Investors (FIIs) and Capital Market in India, Market Pulse, Stock Market Pulse

March 5, 2014

Market gains momentum; Nifty ends above 6300

Markets gains momentum as the Ukraine crisis eases

Market gains momentum; Nifty ends above 6300
Markets today closed higher, gains momentum for straight second day. After opening firm, market had slipped into red zone. However, it soon recovered and settled higher, as the imminent military conflict in Ukraine allayed. The S&P BSE Sensex closed up by 67.13 points or 0.32 percent to 21,276.86. It touched a high of 21333 and a low of 21176 in intra-day session. The CNX Nifty gained by 30.7 points or 0.49 percent to 6,328.65. It touched a high of 6336 and a low of 6288 in the intra-day today.

Sectoral indices closed mixed today. Among the decliners, Consumer Durables dropped by 2.36 percent and Auto index declined by 0.23 percent. Oil & Gas and Healthcare indices ended marginally down by 0.15 percent each. While in the gainers, Realty index gains momentum by surging nearly 2 percent. Bankex and Capital Goods also gained between 2-1 percent respectively. Among the other sectoral indices gaining were Metal, Power, FMCG and IT. In the broader markets, Mid-cap index gained nearly 1 percent and Small-cap index gained by 0.47 percent respectively.

Among the index gainers ICICI Bank gains momentum by surging 2.7 percent. Coal India, Cipla SBI, Maruti Suzuki, ONGC, Hindalco and Tata Steel gained between 2-1 percent. Axis Bank also gained nearly 1 percent. HDFC, L&T, ITC, Infosys, TCS, Sun Pharma, NTPC and Wipro were among the other index gainers.

Among the index losers Tata Power dropped by 3.25 percent. Bharti Airtel and Gail (India) slipped between 2-1 percent. Reliance Industries also fell nearly 1 percent. Tata Motors, Mahindra & Mahindra, Hero MotoCorp, Dr Reddys Lab and Hindustan Unilever declined between 1-0.5 percent. Among other index losers were, Sesa Sterlite, Bajaj Auto, HDFC Bank and BHEL.

Overall market breadth ended firm positive. Of the 2838 shares traded, 1505 shares advanced and 1182 shared declined. While 151 shares remained unchanged.

Tags - Market Gains Momentum, Market Pulse, Stock Market Pulse, Capital Markets in India

March 4, 2014

Calming Ukraine crisis pulls Sensex up 263 points - Stock Market Pulse

Sensex regains 21k mark as Ukraine crisis clams for now

Calming Ukraine crisis pulls Sensex up 263 points
Markets today rebounded from yesterday’s low and closed near days high. Value buying by FII’s at lower levels helped markets to rebound. Market volatility was receded on hopes of calming Ukraine crisis. The S&P BSE Sensex surged over by 263 points to close at 21209.73. The CX Nifty gained by 76.5 points or 1.23 percent to 6297.95.

In the sectoral indices, Metal index spurted by 3.31 percent. Bankex surged by 2.47 percent and Capital Goods gained by 2 percent. Consumer Durables and Power indices also rose nearly 2 percent each. Oil & Gas and Realty index gained between 2-1 percent. FMCG and Auto too closed on the gaining side. However Healthcare index declined by 0.4 percent. While IT index closed almost flat with negative bias. Even the broader markets gained in line with benchmark indices. Mid-cap index surged by 1.31 percent. While Small-cap index gained over 1 percent respectively.

As the Ukraine crisis eased, buying sphere restored on all counter. Hindalco Industries spurted nearly 8 percent, followed by Sesa Sterlite surging nearly 5 percent. ICICI Bank, Axis Bank and Gail (India) rising between 4-3 percent each. BHEL, Tata Power, NTPC, Hindustan Unilever, SBI and ONGC also gained between 2-1 percent. Tata Steel, L&T, Reliance Industries, HDFC, Hero MotoCorp, Coal India and Maruti Suzuki too gaining between 2-1 percent each. ITC, HDFC Bank, Wipro, Tata Motors, Cipla Mahindra & Mahindra, Bharti Airtel, Bajaj Auto, Infosys and TCS were the other index gainers.

Sun Pharma declining by 0.73 percent and Dr Reddys Lab felling by 0.45 percent were the only index losers today as Ukraine crisis eased today.

Today market breadth ended firm positive. Total 1602 shares advanced as compared to 1109 shares declined. While 143 shares remained unchanged, of the 2584 shares traded today.

Tags – Ukraine crisis, Market Pulse, Stock Market Pulse, Investment Banking: Concepts, Analyses and Cases

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Calming Ukraine crisis pulls Sensex up 263 points

March 3, 2014

Ukraine crisis drag markets down - Stock Market Pulse

BSE Sensex closed below 21,000 following Ukraine crisis

Ukraine crisis drag markets down
Markets breaking its 5-day winning streak, closed weak today following Ukraine crisis. After opening weak in morning, markets continued to slip down, before closing near days low. Ukraine crisis was looming over the world market, on political tension between Russia and Ukraine. The S&P BSE Sensex closed down by 173.55 points or 0.82 percent at 20946.65. It touched a low of 20921 after hitting a high of 21140 in the early morning session. The CNX Nifty too declined by 55.50 points or 0.88 percent at 6221.45.

Nearly most of the sectoral indices closed weak on Ukraine crisis. Healthcare index dropped by 1.55 percent. IT index fell by 1.25 percent. Auto and Power indices declined by 1.18 percent each. Capital index also fell over 1 percent. Bankex, FMCG, Metal and Realty indices too closed weak. While Consumer Durables surged by 1.74 percent and Oil & Gas index advanced by 0.24 percent. However broader markets ended mixed today. Mid-cap index declined by 0.30 percent and Small-cap index gained tad by 0.06 percent.

Only a couple of index scrip’s managed to close positive, as Ukraine crisis loomed over benchmark indices. Among them were, Reliance Industries gaining by 0.53 percent. Tata Steel, Hindalco Industries and ITC advanced between 0.4-0.3 percent. While Coal India gained marginally by 0.14 percent.

Among the index losers, Dr Reddys Lab slipped nearly 3 percent. BHEL, Sun Pharma and Mahindra & Mahindra dropped between 3-2 percent. Cipla Limited fell almost by 2 percent, Sesa Sterlite, Wipro, Tata Motors, Bajaj Auto, TCS, ICICI Bank, Hindustan Unilever and L&T also declined between 2-1 percent each. NTPC and Axis Bank also declined nearly by 1 percent. HDFC, SBI, Tata Power, Infosys, ONGC, Hero MotoCorp, Bharti Airtel, Maruti Suzuki, Gail (India) and HDFC Bank were the other index losers.

Overall market breadth was negative. Total 1480 shares declined as compared to 1204 shares advanced. While 120 shares remained unchanged.

Tags – Ukraine Crisis, Market Pulse, Stock Market Pulse, Stock Investing For Dummies

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Ukraine crisis drag markets down

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