Market Pulse - 17 Sep, 2013

Markets gained momentum after initial weakness to close marginally higher as investor remained side-line ahead of the FOMC (Federal Open Market Committee) meet starting today and RBI's (Reserve Bank of India) monetary policy later this week. The S&P BSE Sensex closed up by 61.57 points or 0.31% at 19,804.03 after touching a low of 19,635.44 and a high of 19,818.31 in the intra-day today. The CNX Nifty closed up marginally by 9.65 points or 0.17% at 5,850.20, after touching a low of 5,806.05 and a high of 5,856.50 in the intra-day today.

Among the sectoral indices, It index surged up by 2.15% followed by Metal, Auto and FMCG indices which closed between 0.60-1% while Realty, Power, Bankex and Consumer Durables indices slipped between 1-0.70%. Capital Goods, PSU, Oil & Gas and Healthcare were the other indices that declined. In the broader market, Mid-cap index slipped by 0.41% and Small-cap index almost ended flat down by 0.08%.

Among the index gainers were, Wipro spurted up by 5.41%, Dr Reddys Lab and TCS surged up by 3.69% and 2.38%. Jindal Steel, Sesa Goa, Coal India, Gail (India), Tata Motors, Maruti Suzuki, ITC, Hindustan Unilever and Infosys gained between 2-1%. Mahindra & Mahindra, Bajaj Auto, Hindalco Industries, Bharti Airtel, BHEL and Cipla were among other gainers.

Among the index losers were Sun Pahrma leading the list by slipping 3.22% followed by ONGC felling by 2.30%, NTPC, Hero MotoCorp, Tata Steel and HDFC declining between 2-1%. Tata Power, SBI, L&T, ICICI Bank, Reliance Industries and HDFC Bank were other losers on the list.

The Rupee continued to trade weak in the late trades due to constant dollar demand by the importers. The partially convertible Rupee closed at Rs 63.38 down by 0.51 paise or 0.81% as compared to yesterday's close of Rs 62.86/87 per dollar.

The overall market breadth was negative with 1,233 shares declining as compared to 1,119 shares advancing.

Market Pulse - 16 Sep, 2013

Markets after rising over to 1% closed on a flat note amid August wholesale inflation dashing hopes of RBI cutting rates later this week, as investors choose to remain side-line ahead of key global and local economic events this week. The S&P BSE Sensex ended up by mere 9.71 points or 0.05% at 19,742.47. It had touched a high of 20,086.43 in the day. The CNX Nifty closed down by 10.05 points or 0.17% to 5,840.55. It had touched a high of 5,957.25 and a low of 5,798.15 in the intra-day today.

Among the sectoral indices, FMCG, Auto, Bankex indices gained while IT, Realty, Oil & Gas, Healthcare and Metal indices declined. In the broader market both the indices Mid-cap and Small-cap closed down by 0.54% and 0.58% respectively.

Among the index gainers were ICICI Bank and HDFC Bank gaining by 3.11% and 2%, Maruti Suzuki and Hero Motocorp gained up by 2.50% each, Bharti Airtel and ONGC advanced up by 1.95% and 1.47% while HDFC and ITC up by 0.75% and 0.97% respectively.

Among the index losers were Sesa Goa dropping by 4%, Coal India fell by 2.60%, BHEL and Cipla declined by 2.30% and 2%, TCS fell by 2.48%, Infosys down by 1.19% and Reliance Industries slipped by 1.33%.

The Rupee rallied to a near one-month, as hopes for a prolonged easing monetary policy in the US boosted emerging markets. The partially convertible Rupee closed at 62.83/84 per dollar as against to the Friday's close of 63.48 on the Interbank Foreign Exchange.

The WPI (Wholesale Price Index) based inflation surged to a six-month high of 6.10% in the month of August, as against to 5.79 in the month of July, according to the data released by Ministry of Commerce and Industry today.

The overall market breadth ended negative with 1,244 shares declined as compared to 1,118 shares advanced.

Market Pulse - 13 Sep, 2013

Markets closed on a negative note after a choppy session amid investors cautious move ahead of upcoming economic events next weeks. The S&P BSE Sensex closed down by 0.36% or 71.87 points at 19,710.01, it touched a high of 19,899.37 and a low of 19,675.68 in the intra-day trade. The CNX Nifty ended down by 0.07% or 4.20 points at 5,846.50, it touched a high of 5,884.30 and a low of 5,822.90 in the intra-day trade.

Among the sectoral indices IT, FMCG and Consumer Durables indices declined between 1-1.50% whereas PSU, Auto, Capital Goods, Oil & Gas, Bankex managed to close marginal higher at least 0.10% each. In the broader markets both the indices Mid-cap and Small-cap gained nearly 0.06% each.

Among the index gainers were, BHEL surged up by 5.60% followed by L&T, Coal India, Mahindra & Mahindra, Hero MotoCorop and Tata Power all gaining between 2-3%. Other notable gainers were Gail (India), ONGC, Bajaj Auto, NTPC, Jindal Steel, Sun Pharma and Hindalco Industries.

Among the index losers were, ITC and Hindustan Unilever ended in the negative, down by 1.30% and 0.80% respectively. Bharti Airtel, Tata Steel, HDFC, ICICI Bank and HDFC Bank were the prominent losers sheding 1-1.50%.

The oervall market breadth ended positive with 1,355 shares advancing as compared to 1,036 shares declining.

Market Pulse - 12 Sep, 2013

Markets ended the day on a lower note as investors opted to book profits after recent rally with Metal, Bankex and Auto sector leading the fall amid weakness in the Rupee against the dollar. The S&P BSE Sensex closed down by 215.57 points or 1.08% at 19,781.88, after it touched a high of 20,052.05 and a low of 19,676.49 in the intra-day. The CNX Nifty ended down by 62.45 points or 1.06% at 5,850.70, after it touched a high of 5,932 and a low of 5,815.80 in the intra-day.

Among the sectoral indices, Metal index fell by 2.53% followed by Bankex, Consumer Durables, Auto, Gas & Oil, PSU, Capital Goods and IT indices decling between 2-1%. Healthcare and Power were other indices that declined while Realty and FMCG were the only indices closing positive up by 0.54% and 0.32%. In the broader market Mid-cap ended flat 0.04% and Small-cap gained up by 0.25%.

Among the index gainers were, Tata Power surging up by 2.75%, ITC and Gail India advanced up by 1.91% and 1.60%. Gail (India), NTPC, Cipla and HDFC were other gainers on the list.

Among the index losers were, Tata Steel fell by 4.13%, BHEL, Hero MotoCorp, ONGC, Maruti Suzuki, Sesa Goa, Coal India, Hindalco Inds, Hindustan Unilever and Tata Motors slipping between 3-2%, Bharti Airtel, ICICI Bank, SBI, Infosys, HDFC Bank, M&M, Reliance, TCS, Sun Pharma, Jindal Steel, Bajaj Auto, Wipro, L&T and Dr Reddys Lab were other notable decliners on the list.

The overall market breadth was minimal negative with 1,199 shares declining as compared to 1,161 shares advancing.

Market Pulse - 11 Sep, 2013

Market after consecutive of four day rally today closed almost flat in a volatile trading session led by Realty, Metal and Bankex sectors. The S&P BSE Sensex closed flat up by 0.36 points at 19,997.45, after it touched a low of 19,777.63 and a high of 20,055.53 in the intra-day today. The CNX Nifty closed up by 16.40 points or 0.28% to 5,913.15, after it touched a low of 5,832.70 and a high of 5,924.35 in the intra-day today.

Among sectoral indices, Metal and Realty indices gained up by 3.33% and 2.74%, Bankes, PSU, Capital Goods and Healthcare up between 2-1%. Other indices gaining were Power and Auto while FMCG index fell by 1.11% followed by Consumer Durables, IT and Oil & Gas indices. The broader market closed on a firm note with Mid-cap index gaining by 1.34% and the Small-cap index advanced by 1.11%.

Among index gainers were, Tata Steel spurted up by 5.07%, followed by Hindalco Industries and State Bank of India gaining up by 3.81% and 3.52%. Tata Power, Sun Pharmaceuticals, Maruti Suzuki, Coal India, Mahindra & Mahindra, Jindal Steel, HDFC Bank, L&T and Sesa Goa advanced between 3-1%. Hero Motocorp, Bajaj Auto, Gail (India), HDFC, TCS and Wipro were other notable gainers on the list.

Among index losers were, Tata Motors fell by 2.49%, Hindustan Unilever, ITC, BHEL, Cipla, ONGC and Bharti Airtel declined between 2-1%. Infosys, Dr Reddys Lab, NTPC, Reliance Industries and ICICI Bank were other notable losers.

The overall market breadth was positive with 1,419 shares advanced while 940 shares declined.

Market Pulse - 10 Sep, 2013

Markets closed firm higher with both the benchmark indices gaining nearly 4% each led by FII fund flow in the equity market amid receding fears of a US led military strike on Syria. The S&P BSE Sensex spurted up by 727.04 points or 3.77% to close at 19,997.10. It touched a high of 20,012.69 and a low of 19,444.66 in the intra-day. The CNX Nifty ended up by 216.35 points or 3.81% at 5,896.75. It touched a high of 5,904.85 and a low of 5,738.20 in the intra-day.

In the sectoral all the indices closed positive with Auto index spurting the most up by 5.98% followed by Capital Goods and FMCG gaining up by 5.50% and 5.30%. Consumer Durables, Power, Realty, Metal, IT, Bankex and Oil & Gas indices also advanced 3-2% each. From the broader markets, Mid-cap index surged up by 1.40% and Small-cap index gained up by 1.10%.

Among index gainers were, Tata Motors spurted up by 9.88%, followed by Bharti Airtel, Hero MotoCorp, L&T, Sesa Goa, HDFC, ITC and Hindustan Unilever gaining up between 6-8%. Mahindra & Mahindra, Infosys, Coal India, Sun Pharmacuticals, Maruti Suzuki, Bajaj Auto, HDFC Bank and NTPC jumped between 3-5%. Other notable gainers include Tata Steel, Reliance Industries, Tata Power, Jindal Steel, Hindalco Industries, Wipro, ICICI Bank, ONGC, BHEL, Caipla and Gail (India) gaining between 3-1%.

Among the index losers were, Dr Reddy's Labs, SBI and TCS losing between 1-0.10%.

The partially convertible Rupee closed at 63.84 per dollar as against yesterdays close of 65.24. The Rupee rallied to its two-week high after trade deficit narrowed and receding concerns about Syria helped the currency continue its recent recovery from record lows hit last month.

Tata Motors spurted up by 9.88%, after the reported that the UK arm Jaguar Land Rover (JLR) recorded USA retail sales of 6,661 units in August. It also said that it has entered the Indonesian market with the launch of three passenger vehicles.

The overall market breadth was firm positive with 1,502 shares advanced while 829 shares declined.

Market Pulse - 06 Sep, 2013

The markets closed higher, amid rally in Bankex sector, after RBI raising the overseas borrowing limits for lenders in proposition to support growth and boost the Rupee. The S&P BSE Sensex closed up by 290.30 points or 1.53% at 19,270.06, after touching a high of 19,249.35 and a low of 18,929.38 in the intra-day. The CNX Nifty also surged up by 87.45 points or 1.56%, after touching a high of 5,68.60 and a low of 5,566.15 in the intra-day today.

Among the sectoral indices Bankex, Capital Goods, Oil & Gas, PSU, Power, Healthcare, Metal and FMCG gained, whereas Consumer Durables, Realty, Auto and IT indices declined. The broader markets also closed firm with Mid-caps and Small-caps gaining by 0.57% and 0.63%.

Major index gainers were, ICICI Bank and ONGC spurted up by 7.37% and 7.17%, Bharti Airtel, Cipla, L&T and BHEL surged up between 6-3%. Other gainers include NTPC, Jindal Steel, Sun Pharma, HDFC, ITC, Gail (India), HDFC Bank, Tata Steel, Reliance Industries, Bajaj Auto, Infosys, Tata Motors, Hindalco Inds and Wipro.

Major index losers were, Tata Power and Coal India dropped by 2.61% and 2.12%, Sesa Goa and Hindustan Unilever fell by 1.90% and 1.62%. Hero MotoCorp, Mahindra & Mahindra, Maruti Suzuki, TCS, Dr Reddys Lab and SBI were some of the other losers on the list.

Jindal steel and Power Limited surged up by 2.93%, after the company announced that it will commence the share buyback offer from September 16, 2013.

The Rupee closed at 65.20 gaining by 80 paise or 1.21% per dollar as against yesterday's close of 66.01 on the Interbank Foreign Exchange. The Rupee gained ground, after RBI announcing slew of reforms late-Thursday along with dollar sale by the banks.

The overall market breadth was positive with 1,298 shares advancing as compared to 1,008 stocks declining.

Market Pulse - 05 Sep, 2013

Markets extending its gain for the second consecutive day, after the new RBI (Reserve Bank of India) governor's maiden speech and measures triggered the hopes of shoring up an poor economy and currency. The S&P BSE Sensex closed up by 412.21 points or 2.22% to 18,979.76 after touching a high of 19,117.52 and a low of 18,847.02 intra-day today. The CNX Nifty also surged up by 144.85 points or 2.66% to 5,592.95 after touching a high of 5,625.75 and a low of 5,552.70 intra-day today.

Among sectoral indices, Bankex index spurted up by 8.24%, Realty index surged up by 5.41%, Capital Goods and FNCG index gained by 3.48% and 2.28%. PSU, Consumer Durables, Power and Oil & Gas were other notable sectorial index gainers. Howerver, IT index fell by 2.95 and Healthcare index slipped marginally by 0.22%. From the broader markets, both the Mid-cap and Small-cap indices closed in line with benchmark index up by 1.69% and 1.52% respectively.

Among major index gainers were, SBI and ICICI Bank spurted up by 9.74% ans 9.20%, followed by BHEL surging up by 8.20%, HDFC Bank and Coal India gaining up by 7.53% and 7.02%, HDFC, ONGC, L&T and ITC gaining between 6-4%. Hindustan Unilever, Tata Motors, Maruti Suzuki, Reliance Industries, Hero MotoCorp, Bajaj Auto, Dr. Reddys Lab, Jindal Steel and NTPC were some of the other notable gainers.

Among major index losers were, Sesa Goa fell by 4.26%, TCS and Infosys slipped by 3.37% and 3.32%, Wipro down by 2.74%. Gail (India), Hindalco Industries, Tata Steel, Mahindra & Mahindra, Sun Pharmaceuticals, Tata Power, Cipla and Bharti Airtel were some of the losers.

The overall market breadth was firm positive with 1,487 stocks advanced while 849 stocks declined.

Market Pulse - 04 Sep, 2013

Markets closed higher amid heavy value buying seen in Bankex and Auto sector along with index heavy weight as Rupee was seen recovering. The S&P BSE Sensex surged up by 332.89 points or 1.83% to 18,567.55. It touched a high of 18,612.60 and a low of 18,188.43 in trade today. The CNX Nifty spurted up by 106.65 points or 2% to 5,448.10.

Among the sectoral indices, Metal index gained the most up by 2.75%, Healthcare index jumped up by 2.60%, Auto and IT indices gained up by 2.47% and 2.15%. Other notable sectoral indices gainers were, Oil & Gas, Consumer Durables, Capital Goods, Bankex FMCG and Power. The broader markets ended firm with both the indices Mid-cap and Small-cap advanced up by nearly 1% each.

Among the major index gainers were, BHEL topped the list by spurting up by 6.20% followed by Tata Motors, Bharti Airtel, ICICI Bank, Hindalco Inds, Cipla, TCS, Dr Reddys Lab and Tata Steel surging between 4-3%. Other notable gainers included, Bajaj Auto, Jindal Steel, Infosys, Reliance Industries, ONGC, Sun Pharmaceuticals, Hero MotoCorp, NTPC, Sesa Goa, Coal India, Mahindra & Mahindra and Tata Power.

Among the major index loser was only ITC which slipped by 0.81%.

The Rupee recovered in mid-noon, after breaching 68 mark in early trades in the morning, amid heavy selling of the dollars by the state-run bank on intervene by RBI (Reserve Bank of India). The partially convertible Rupee closed at 67.06 per dollar as against yesterday's close of 67.63/64, after it fell to intra-day lows of 68.60.

The overall market breadth was firm positive with 1,361 stocks advanced as compared to 931 stocks declined.

Market Pulse - 03 Sep, 2013

Markets spanning its five-day rally closed firmly on a weak note as Rupee deprciated, again breaching 68-mark against the dollar on fresh signs of trouble in Syria. The S&P BSE Sensex plunged by 651.47 points or 3.45% to closed at 18,234.66, after touching a low of 18,166.17. The CNX Nifty also tumbled by 209.30 points or 3.77% to end at 5,341.45, after touching a low 5,323.75 in the day.

Selling pressure was visible across the board. Banking, oil & gas and consumer durable stocks were amongst the worst hit in today's session. The BSE banking index- Bankex slipped a whopping 5% or 527 points in the intra-day deals to settle at 9,871. Axis Bank was the top loser from the banking space. The stock crashed 9.3% to close at Rs 782. Yes Bank, Indusind Bank, Federal Bank, Bank of India, PNB, Canara Bank and Union Bank of India also fell 5.5-9% each.

Among sectoral indices, Bankex index plunged by 5.06%, Consumer Durable index slipped by 4.61%, Realty and FMCG indices fell by 4.39% and 3.89%. Oil & Gas, Capital Goods, Power, Metal, Healthcare and PSU indices also fell between 4-1.50% each. In the broader markets, Mid-cap and Small-cap indices closed weak. Mid-cap index slipped by nearly 2% while Small-cap index wned down by 1%.

Among the index gainers Coal India and Mahindra & Mahindra were the only gainers up by 3.40% and 2.65%.

Among the index losers were, HeroMoto Corp and Reliance Industries crashed by 6.58% and 6.07%, ITC, ICICI Bank and Bharti Airtel plunged between 6-5%. Other prominent losers HDFC, Larsen & Toubro, HDFC Bank, Hindalco Inds, Hindustan Unilever, Jindal Steel and Power, Tata Power, Sun Pharmaceutical, Dr Reddy's Laboratories, Tata Steel, Cipla Limited, State Bank of India and Sesa Goa, TCS, NTPC and Maruti Suzuku felliing between 2.5% each.

The Rupee continued its slide against the dollar, as investors remained doubtful whether the government would act decisively to restore confidence in the economy. The Rupe after opening at 66.30 slipped by nearly 3% before settling at 67.63/64 per dollar down by 2.40% as against yesterday's close of 66.00.01.

The overall market breadth was firm negative with 1,478 shares declined as compared to 805 shares advanced.

Market Pulse - 02 Sep, 2013

Markets closed higher for straight four consecutive days after improved China's manufacturing data signalling of growth recovery. The S&P BSE Sensex gained by 266.41 points or 1.43% to close at 19,367.59. The CNX Nifty advanced by 78.95 points or 1.44% to 5,550.75.

Among sectoral indices, Metal index gained most by 3.16%, followed by FMCG index gaining by 3.10%, Realty and Oil & Gas indices advancing by 3% and 2.55%. Other notable sectoral indices were, PSU Capital Goods, Bankex, IT and Consumer Durables. In the broader markets, Mid-cap and Small-cap indices closed firm by gaining 1-1.40%.

Among major index gainers included Tata Steel spurting by 5.54%, Maruti Suzuki surged up by 4.60%, Reliance Industries rose by 4%, ITC gained by 3.20%, Jindal Steel advanced by 2.60%, and ICICI Bank gained up by 2%. Other notable gainers were, Bajaj Auto, Coal India, Gail (India), HDFC, ONGC, SBI and Sun Pharmaceuticals.

Among major index losers were, Mahindra & Mahindra fell by 2%, Tata Power and HDFC Bank declined by 1.30% and 1% and Hero MotoCorp down by 0.70%.

Tata Steel spurted up by 5.54% after company reported that it is planning to raise domestic sales on higher demand post monsoon season.

The Rupee traded marginally weak in the early trades due to weak GDP numbers released last Friday. The partially convertible Rupee closed at 66.00/01 per dollar as against Firday's close of 65.71 on the Interbank Foreign Exchange.

The overall market breadth was firm positive with 1,397 shares advanced while 854 shares declined.

Market Pulse - 30 Aug, 2013

Markets closed positive for the third straight consecutive day amid volatile trading session, after Prime Minister assured that the Rupee's decline will be addressed without capital controls or reversal of reforms. The S&P BSE Sensex closed up by 218.68 points or 1.19% at 18,619.72. The CNX Nifty gained up by 62.75 points or 1.16% at 5,471.80.

Among sectoral indices, Consumer Durables, Bankex, Healthcare, FMCG, IT, PSU and Oil & Gas indices advanced between 1-2% while Metal index dropped by over 2%.

Among major index gainers were, Bajaj Auto spurted up by 5.62%, followed by Cipla, TCS, HDFC Bank, Hindustan Unilever, HDFC, HeroMotoCorp and Wipro surging between 5-2%. Other notable gainers include Dr Reddys Lab, Gail (India), Sun Pharma, SBI, BHEL, RIL, ITC, ONGC, NTPC and Coal India. while L&T closed almost flat.

Among major index losers were, Jindal Steel tanked by 8.85%, Sesa Goa and Tata Steel also slipped by 2.70-2.35%. Hindalco Inda, Mahindra & Mahindra, Tata Power, Tata Steel, Maruti Suzuki, ICICI Bank, Infosys and Bharti Airtel were some of other notable losers on the list.

The Rupee rebounded back from its lower level to close up by 85 paise at 65.70 against dollar, after Prime Minister’s assurance to battle the currency’s fall and reviving economic growth.

Indian economy for first quarter for the current fiscal grew slower than expected rate at 4.4%. The economy grew at the slowest quarterly rate since the global financial crises.

Coal India for the first time after its ipo (initial public offer) traded below its offer price. It had touched a record low of 238.35, but it managed to close at 250.50 up by 0.55 paise or 0.22% from its previous day close of Rs 249.95.

The overall market breadth in was positive with 1,158 shares advancing compared to 1,072 shares declining.

Market Pulse - 29 Aug, 2013

Markets closed higher as the Rupee turnaround from its yesterdays low, after the RBI (Reserve Bank of India) choose to provide dollars directly to the oil companies. The S&P BSE Sensex surged up by 404.89 points or 2.25% at 18,401.04 whereas the CNX Nifty climbed up by 124.05 points or 2.35% to close at 5,409.05.

Among the sectoral indices, Oil & Gas, Capital Goods, Metal, Auto and FMCG indices rose between 2-3%, Healthcare, Power, Bankex, PSU and Consumar Durables gaining between 1-2% respectively. In the broader markets, the Mid-cap index gained up by 1.5% while the Small-cap index advanced up by 0.7%.

Major index gainers were, Sesa Goa, Hindalco Industries and Jindal Steel Power Limited gained between 2-13.50%, HDFC, HDFC Bank and ICICI Bank gained 1.3-5.7%. Reliance Industries gaining by 4.20%, ONGC, Gail (India), HUL and ITC rose 2% each, Tata Motors, Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp and Bajaj Auto advanced between 1-2.60%. Other notable gainers include Bharti Airtel, Dr Reddys Lab, NTPC, BHEL and L&T advancing up between 2-4%.

Major index losers were, Coal India declining by 1.60% followed by State Bank of India, Tata Power, Tata Steel Limited, Infosys and Cipla Ltd slipping between 0.30-0.60%.

The Rupee lodged its biggest single-day gain ever by raising 225 paise or 2.35% to end at 66.55/56 against dollar, after RBI (Reserve Bank of India) announced measures to curb the Rupee fall through dollar flows on late Wednesday.

The overall market breadth was firm positive with 1,275 shares advancing while 989 shares declining.

Market Pulse - 28 Aug, 2013

Markets closed almost flat after smart recovery from lower its lower level in a volatile trading session. The S&P BSE Sensex closed up by 28.07 points or 0.16% at 17,996.15, after crashing down by 590 points. The CNX Nifty closed 2.56 points down or 0.05% at 5,285.

Among sectoral indices, IT index surged up by 2.68%, Metal and Healthcare gained up by 1.88% and 1.16%, whereas Consumer Durables, Realty, Bankes, Oil & Gas, Capital Goods and FMCG indices declined. From the broader markets, both the indices Mid-cap and Small-cap declined nearly 1%.

Major index gainers were, Jindal Steel climbed by 3.70%, TCS and Tata Power surged up by 3.68 and 3.63%, Tata Power rising by 3.30%, Hindalco Inds and Infosys advanced up by 2.92% and 2.03%.

Major index losers were, HDFC crashing by 7%, ONGC slipped by 6%, Gail (India) fell by 4%, Bharti Airtel declining by 2.20%.

The Rupee continued its fall to close at 68.80 after touching its life-time low of 68.85.

The overall market breadth was firm negative with 1,346 shares declining as compared to 860 shares advancing.

Market Pulse - 26 Aug, 2013

Markets closing marginally higher rising for third consecutive day, amid volatile trading session, led by index heavy-weight Infosys and Capital Goods shares on hopes of higher capital inflow. The S&P BSE Sensex advanced by 38.69 points or 0.21% to 18,558.13. It touched a high of 18,728.19 in the intra-day today. The CNX Nifty closed tad up by 4.75 or 0.09% at 5,476.50, it had touched a high of 5,528.70 in the intra-day today.

Among sectoral indices Power, IT, Capital Goods, Matel, Healthcare, and Realty indices surged between 1%-2%, while, Oil & gas and Bankex index dropped between 0.4%-1%.
In the broader markets, both the Mid-cap and Small-cap indices out performed the benchmark index as they gained nearly 1% each.

Among index gainers were, BHEL spurting up by 6.63%, NTPC and Sterlite gaining between 2%-3%, Hero MotoCorp gained up by 2.35%, Wipro, Infosys and TCS also advanced between 1%-2%, L&T gained up by nearly 1%. Other notable gainers were Reliance Industries, Jindal Steel, Sun Pharma, Dr Reddy’s Lab and Maruti Suzuki.

Among index losers were, Oil and Natural Gas Corporation (ONGC) dipped over 3%, Other prominent losers were GAIL, ICICI Bank, Tata Steel and ICICI Bank.

Sesa Goa surged up by 9.39% ahead of its merger with Sterlite Industries, on reports that it will replace Sterlite Industries in the S&P BSE Sensex 30-share benchmark index.

The overall market breadth was positive with 1,299 shares advancing compared to 991 shares declining.

Market Pulse - 23 Aug, 2013

Markets closed on a positive note for the week ended, gaining for the second consecutive day on sustained value buying in select sectors like Bankex, Oil & Gas and Auto, as battered Rupee gained at the close erasing early losses. The S&P BSE Sensex rose by 206.50 points or 1.13% to close at 18,519.44. The CNX Nifty surged up by 63.30 points or 1.17% to end at 5,471.75.

Among sectoral indices, barring Realty index which closed weak by 1.33%, all the other indices gained with Capital Goods surging up by 2.04%, Bankex rose up by 1.91%, Oil & Gas, Consumer Durables and Auto indices gained up by 1.59%, 1.55% and 1.51%. IT, Power, Metal, FMCG and Healthcare were other indices which managed to close positive. In the broader markets Mid-cap and Small-cap indices rose by 0.70%-0.90% respectively.

Major index gainers were, BHEL spurted up by 8.10 %, Tata Steel surged up by 3.27%, Tata Motors jumped up by 2.85 % and Reliance Industries advancing by 1.64%. HDFC Bank, ICICI Bank, State Bank of India, HDFC Ltd., Coal India, Jindal Steel, Sterlite Industries, Maruti Suzuki, Mahindra and Mahindra and Sun Pharm were some of the gainers on the list.

Major index losers were, Bharti Airtel declining by 2%, Hindalco Industries shedding by 2%, Sterlite Industries fell by 1.70%, NTPC was down 1.60%.

Markets sentiment improved after as the Rupee rebounded from its life-time low of 65.56 to close at 63.20, as against yesterdays closing of 64.55 and gaining after six consecutive loosing streaks,

The overall market breadth was positive with 1,341 shares advancing, while 976 shares declining.

Market Pulse - 21 Aug, 2013

Markets extended its losses for the fourth consecutive days sheding off its early gains, led by bleeding Rupee which is hitting new lows amid rising fears of US Federal reserves rolling back its stimulus soon. The S&P BSE Sensex ended 340.13 points or 1.85% lower to 17,905.91. The CNX Nifty dropped by 98.90 points or 1.83% to 5,302.55.

Among the sectoral indices, Metal and Oil & Gas indices dropped by almost 4% followed by Realty, FMCG, Healthcare, Capital Goods, Power and Auto all the indices slipped between 2%-3%, while Bank and Consumer Durables ended on a positive note. In the broader market both the Mid-cap and Small-cap index fell down by 1.24% and 0.82% respectively.

Major index gainers were, BHEL surged up by 3.15, HDFC and HDFC Bank gaining between 2-3%, Gail (India) and Tata Power advanced by 0.72% and 0.14%.

Major index losers were, Bharti Airtel crashing down by over 6%, Sterlite Inds, Hindalco Inds and Tata Steel dropped between 3-5%, RIL declined by 4.72%, ONGC dropped by over 2%, Infosys and TCS slumped between 1-2% and ITC slipping by almost 3%.

The rupee hitting fresh life-time low of 64.5250 per dollar on rising fears that the US Federal Reserve will soon start withdrawing its monetary stimulus to the US economy. However the partially convertible Rupee closed at 64.11/12 per dollar, down by 1.30% on back of oil refiners buying dollars.

Reliance Industries dropped by 4.72%, after reports that RIL (Reliance Industries Ltd) been asked to sell gas it has failed earlier to deliver at the old price of $4.12 per million British thermal unit.

The overall market breadth ended firm negative with 1,350 shares declining as compared to 915 shares advancing.

Market Pulse - 20 Aug, 2013

Markets closed in the negative zone for the fourth straight consecutive session, amid outflow of dollars continues on macro economic concerns. Market sentiment was further battered on weakening Asia markets and lower opening of European markets on speculation of US Fedral Reserve's stimulus programme will start soon enough. The &SP BSE Sensex slumped to 17,970.98 declining by nearly 337 points before settling at 18,246.04 down by 61.48 points or 0.34%. The CNX Nifty declining towards its lowest close in almost a year, ended the down by 13.30 points or 0.25% at 5,401.45 after slipping to 5,306.35.

Among sectoral indices, Consumer Durables slipped by 3.50%, Auto, Healthcare, IT and Capital Goods too followed the falling trend, while Metal, Realty and Bankex indices ended up between 0.40%-4.80%. The broader markets closed marginally negative with Mid-cap falling by 0.40% and Small-cap down by 0.20%.

Among index gainers were, ICICI Bank and SBI ended up by over 1.5% each. Other gainers include, Hindustan Unilever, Tata Steel, Reliance Ind and ITC.

Among index loseres were, Tata Motors, M&M, Hero MotoCorp, Bajaj Auto ended lower between 0.5-4.7% each, TCS also closed 2.40% lower. HDFC, Sun Pharmacuticals, ONGC, L&T and BHEL were among the other losers.

The Rupee gained against the dollar, after RBI (Reserve Bank of India) intervened in between, after slipping to life-time low of 64.13 in the early intra-day trades. The partially convertible Rupee closed at 63.23 down by 10 paise, against its previous close of 63.13 per dollar.

Siemens gained up by 2%, after the company reported that it have won two contracts aggregating Rs 144 crore to construct 38 new 33/11kV substations from Rural Electrification Board, Bangladesh.

The overall market breadth ended marginally positive with 1,173 shares gained as compared to 1,101 shares declined.

Weekly Pulse - 17 Aug, 2013

Markets on weekly basis ended lower by over 1% in the shortened week, after fresh measures initiated by the RBI failed to contain the fall and talk of restrictions imposed on capital inflows.Furthermore, improved US economic data raised fears of US Fedrals might start scaling down its stimulus measures, which would encourage FII to trim their holdings in Indian markets. The S&P BSE Sensex lowered by 191 points or 1% to clos at 18,598 while CNX Nifty fell by 58 points or 1% to close at 5,508.

Among the sectoral indices on weekly basis, Auto, Healthcare, Metal and Realty indices managed to close positive gaining between 1-4%. Consumer Durables, Bankex, Capital Goods and Oil & Gas indices slipped between 2-5%, PSU and FMCG declining by near 1% while IT index closing marginally lower by 0.10%.

Major index gainers for the week were, Tata Motors up 12%, Tata Steel ended up 8%, Hero MotoCorp and Baja Auto gaining by 3.5-7%, Jindal Steel and Hindalco Inds gained over 2-7%.

Major index losers for the week were, BHEL crashing down by over 10%, L&T fell by 3%, Reliance Industries and ONGC losing by 0.5-5%, SBI, HDFC Bank and ICICI Bank declining between 2-9%.

Market Pulse - 16 Aug, 2013

Markets crashed by 769.41 points, marking its biggest fall in last four years, snapping its four-days consecutive gains to end at 18,598 on fresh concerns of US Federal stimulus withdrawl, amid heavy selling by Foreign Institutional Investors (FII) after RBI's (Reserve Bank of India) imposed fresh restrictions and Rupee tumbling to record low of 62 a dollar. The S&P BSE Sensex plunged by 769.41 points or 3.97% to 18,598.17 while CNX Nifty slipped by 234.45 points or 4.08% to 5,507.83.

Among sectoral indices there was heavy sellings all round the counter, with Consumer Durables suffered most by plunging down by 8.38%, followed by Realty index dropping by 6.07%, Metal index felling by 5.56% and Bankex declining by 5.55%. Capital Goods, FMCG, Auto and IT were other sectoral indices declining on the counter. In the broader market, the BSE Mid-cap index ended down 2.7% and the Small-cap index ended 2.1% lower.

The plunge in the markets were led by financials, capital goods and index heavyweights. Consumer Durables index was the top loser among sectoral indices on the BSE down 8.4% followed by Realty, Metal, Bankex, Capital Goods, Oil & Gas, FMCG, Auto and IT indices down 2-6% each.

Major index gainers was the lone Hero MotoCorp advancing up by 2.40%.

Major index losers were, BHEL crashing by 10.70%, Sterlite Ind fell by 6.65%, ONGC down by 6.06%, GAIL (India) fell by 6.49%, Jindal Steel down by 5.46%, L&T slipped by 5.19%, HDFC, HDFC Bank and ICICI Bank lost by 5.81%, 5.05% and 5.02%, Reliance Industries skid by 4.62%, Maruti Suzuki fell by 4.84% and SBI declining by 3.32%.

The overall market breadth ended weak with 1,583 shares losings as compared to 729 gainings on the BSE.