[WEEKLY NEWSLETTER EQUITY] 12/03/2012
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MARKET 0UTLOOK The markets closed with moderate declines this week with oil & gas and power being the biggest losers. Banking, IT and auto supported the indices well. The Sensex was down 0.8% while the Nifty lost 0.5% during the week. From the global perspective, U.S. stocks ended higher on Thursday, recovering most of the week's losses, after Greece moved closer to a bond swap with private creditors to avoid a messy default. The market is up on expectations the Greek swap deal will go through. An unexpected rise in new U.S. claims for unemployment benefits in the latest week was not enough to change perceptions that the labor market was strengthening, a major catalyst in the current stocks rally For the week, Sensex was down 0.8% while the Nifty lost 0.5% during the week. High volatility will characterize trading as key events viz. RBI policy review and Union Budget are due next week. The Reserve Bank of India (RBI) is slated to announce a mid-quarter review of the monetary policy on Thursday, 15 March 2012, a day before the presentation of the Union Budget 2012/13.
NEWS AFFECTING INDIAN MARKETS The Reserve Bank of India cut the cash reserve ratio for banks by 75 basis points at 4.75%. China’s benchmark consumer inflation gauge fell to a 20-month low. Awaited key events:
Industrial production data for January 2012 on Monday, 12 March 2012. Inflation based on the wholesale price index (WPI) for February 2012 on Wednesday, 14 March 2012. Annual budget for 2012/13 on Friday, 16 March 2012, while the railways budget will be presented on Wednesday, 14 March 2012.
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MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CHANG.(RS)
CHAG.(%)
RPOWER
131.10
123.05
8.05
6.54
HCL TECH.
506.90
481.65
25.25
5.24
TATA MOTORS
280.65
267.65
13.00
4.86
JP ASSOCIATE
78.20
74.85
3.35
4.48
AXIS BANK
1213.40
1166.65
46.75
4.01
COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
HINDALCO
134.60
147.75
-13.15
-8.90
STERLITE INDS.
114.45
124.35
-9.90
-7.96
SAIL
94.80
101.40
-6.60
-6.51
BHEL
278.75
296.90
-18.15
-6.11
GAIL INDIA
349.15
371.25
-22.10
-5.95
NIFTY LOSERS
NSE WEEKLY GAINERS COMPANY NAME
DAY'S CLOSING PRICE (RS.)
PREVCLOSE
5 DAYS AGO (RS.)
5 DAYS RETURN(%)
GLODYNE TECHNO
285.05
268.65
216.90
31.42
PG ELECTRO.
262.65
253.00
200.15
31.23
NEHA INT
50.75
46.10
38.90
30.46
WHEELS INDIA
600.40
580.85
465.70
28.92
SE INVESTMENTS
307.10
286.70
250.00
22.84
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SECTORIAL INDICES
INDEX
03-MAR-12
09-MAR-2012
CHANGE
% RETURN
S&P CNX NIFTY
5359.40
5333.55
-25.85
-0.48
CNX NIFTY Jr.
10379.35
10364.60
-14.75
-0.14
CNX IT
6549.00
6558.45
9.45
0.14
BANK NIFTY
10536.00
10574.00
38.00
0.36
INDIA VIX
28.20
25.47
-2.73
-9.68
CNX 100
5247.15
5224.70
-22.45
-0.43
S&P CNX DEFTY
3751.20
3698.75
-52.45
-1.40
S&P CNX 500
4256.00
4238.85
-17.15
-0.40
CNX MIDCAP
7655.45
7689.50
34.05
0.44
NIFTY MIDCAP 50
2312.65
2334.40
21.75
0.94
CNX INFRA
2620.15
2573.10
-47.05
-1.80
CNX REALTY
247.65
246.45
-1.20
-0.48
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DOMESTIC MARKETS INDEX
PREV CLOSE
CURRENT CLOSE
NET CHANGE
% CHANGE
SENSEX
17636.99
17503.24
-133.75
-0.76
NIFTY
5359.40
5333.55
-25.85
-0.48
BANK NIFTY
10536.00
10574.00
38.00
0.36
AMERICAN MARKETS INDEX
VALUE
CHANGE
% CHANGE
DATE
DOW JONES INDUS. AVG
12922.02
-55.55
-0.43
9-Mar
S&P 500
1364.25
-7.50
-0.55
9-Mar
NASDAQ COMPOSITE
2988.34
12.15
0.41
9-Mar
EUROPEAN MARKETS
INDEX
VALUE
CHANGE
% CHANGE
DATE
FTSE 100
5887.49
-23.64
-0.40
9-Mar
CAC 40
3487.48
-13.69
-0.39
9-Mar
DAX
6880.21
-41.16
-0.59
9-Mar
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WEEKLY CHARTS S&P NIFTY WEEKLY
BANK NIFTY WEEKLY
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