Web Tutorials4u

CAPITAL MARKET

Daily Market Review

  • MARKET REVIEW 14th Feb, 2011

    Bargain hunting and firm global stocks helped domestic bourses clock smart gains for the second straight day. Global stocks were mostly higher on positive China’s trade data and as Egypt worries faded. Domestic data showing slowing inflation in January 2011 eased worries of further monetary tightening by the central bank also aided rally. The investors bargain hunt beaten down stocks after the recent sell off saw market slumping to their eight month lows on Thursday, 10 February 2011. Reliance Infrastructure gained on good Q3 results. Today’s rally was broad based with all the 13 sectoral indices on the BSE clinching gains with shares from capital goods…

  • MARKET REVIEW 10th Feb, 2011

    The key benchmark indices declined for the third straight day on weak global stocks. The barometer index BSE Sensex hit seven-month closing low and the 50-unit S&P CNX Nifty tumbled to near eight-month closing low. Reliance Infrastructure (R-Infra) jumped after the company on Wednesday said the board will consider buyback along with Q3 results on 14 February 2011. Index heavyweight Reliance Industries (RIL) edged lower in volatile trade. IT and some realty stocks were weak. Healthcare and auto stocks rose. Banking stocks were mixed. The BSE 30-share Sensex was down 129.73 points or 0.74%, up close to 100 points from the day’s low and off close to 175 points from the day’s high. The market breadth was weak…

  • MARKET REVIEW 7th Feb, 2011

    Trading for the week began on a positive note as the Sensex registered small gains in a volatile trading session. Gains in European stocks and a slide in crude oil prices to one-week low triggered bargain hunting in some blue chips after the Sensex hit 5-month low on Friday, 4 February 2011. US index futures were in green. The BSE 30-share Sensex was up 29.04 points or 0.16%, up close to 60 points from the day’s low and off close to 140 points from the day’s high. The market breadth was weak, in contrast with strong breadth earlier in the day…

  • MARKET REVIEW 3rd Feb, 2011

    The key benchmark indices edged higher for the second straight day as investors resorted to bargain hunting in beaten down stocks. The BSE 30-share Sensex was up 358.69 points or 1.98%, up close to 385 points from the day’s low and off close to 15 points from the day’s high. The Sensex had dropped more than 11% by Wednesday’s (2 February 2011) close since the beginning of 2011. The market breadth was strong. European stocks were mixed. Most Asian markets were closed for the Chinese Lunar New Year holidays…

  • MARKET REVIEW 9th Dec, 2010

    The key benchmark indices tumbled more than 2% in a broad based sell-off, underperforming mostly higher global stocks, as data showing heavy selling by foreign funds on Wednesday, 8 December 2010, dampened sentiments. The market extended last two days’ losses. Index heavyweight Reliance Industries (RIL) slumped more than 3%. Investors dumped small-cap and mid-cap shares as media reports of possible price rigging in select stocks, coming close on the heels of a Sebi action last week against four firms on allegations of price manipulation, rattled investors…

  • MARKET REVIEW 3rd Dec, 2010

    The key benchmark indices registered small losses in as the market took a breather after strong gains in the previous four trading sessions. Intraday volatility was high. A broad-based selling was witnessed in small-cap and mid-cap shares as the market sentiment turned weak after the stock market regulator Securities & Exchange Board of India (Sebi) on Thursday, 2 December 2010, barred founders and related entities of a total of four companies from trading on the stock exchanges as these firms had indulged in “fraudulent and unfair” trade practices”…

  • MARKET REVIEW 2nd Dec, 2010

    The key benchmark indices edged higher in volatile trade as a slew of recent strong economic data, lower inflation and higher global stocks, helped keep sentiments firm. The market extended gained for the fourth straight day. The BSE 30-share Sensex jumped 142.70 points or 0.72%, off close to 90 points from the day’s high and up close to 75 points from the day’s low. The barometer index BSE Sensex closed below the psychological 20,000 mark after flirting with that level throughout the day. The 50-unit S&P CNX Nifty settled above the psychological 6,000 mark after flirting with that mark throughout the day…

  • MARKET REVIEW 1st Dec, 2010

    The key benchmark indices posted strong gains on the first trading session of the month on firm global cues. A slew of recent strong economic data and heavy bidding by foreign funds in the initial public offer of the state-run manganese producer MOIL, boosted investor sentiment. The market gained for the straight third trading session in this week. The BSE 30-share Sensex was up 328.75 points or 1.68%, up close to 325 points from the day’s low and off close to 40 points from the day’s high. European markets was trading higher while most Asian markets bounced off their earlier lows. US index futures were sharply higher…

  • MARKET REVIEW 26th Nov, 2010

    Weakness persisted on the bourses as the key benchmark indices extended losses for the fourth day in a row, with a bank loans bribery scandal and weak global stocks weighing on investor sentiment. The barometer index BSE Sensex and the 50-unit S&P CNX Nifty settled at 2-1/2 month lows. The Sensex shed 181.55 points or 0.94% to 19,136.61, off 281 points from the day’s high and up 181.79 points from the day’s low. World stocks fell as worries over sovereign-debt contagion in the euro zone continued to escalate…

  • MARKET REVIEW 22nd Nov, 2010

    Trading for the week began on an upbeat note, with share prices bouncing back from two-month lows tracking firm global stocks. The strong buying momentum helped the 50-unit S&P CNX Nifty regain the psychological 6,000 mark. All the sectoral indices on the BSE were in positive zone. Banking, consumer durables and IT stocks led the rally. Capital goods and healthcare stocks lagged the rally. The BSE 30-share Sensex jumped 372.15 points or 1.9%, up 316 points from the day’s low and off 31 points from the day’s high…

  • MARKET REVIEW 9th Nov, 2010

    The key benchmark indices eked out decent gains in a choppy trading session on Tuesday tracking firm European stocks and as US index rose. The storng response to Power Grid Corporation of India’s FPO which was fully subscribed on the very first day of its bidding also aided sentiment. Consumer durables, realty, FMCG and IT stocks rose. But, index heavyweight Reliance Industries edged lower in volatile trade. The market breadth was strong. State Bank of India slumped more than 4% after weak Q2 result. Capital goods stocks fell. The BSE 30-share Sensex was up 80.10 points or 0.38%, off close…

  • MARKET REVIEW 19th Oct, 2010

    The key benchmark indices tumbled in late trade after a strong start, an exact opposite movement to that witnessed on Monday, 18 October 2010. Intraday volatility was high. European and Asian markets were mixed while US index futures were slightly higher. The barometer index BSE Sensex fell below the psychological 20,000 level. But, the 50-unit S&P CNX held the psychological 6,000 mark. The BSE Small-Cap and Mid-Cap indices rose, outperforming the Sensex. Market men are worried that the mega Rs 15000-crore initial public offer of Coal India, which is currently open for bidding, will soak liquidity from the secondary market…

  • MARKET REVIEW 18th Oct, 2010

    Volatility ruled the roost as the market snapped a two-day steep slide on bargain hunting. L&T and HDFC, both, bounced back after reporting strong Q2 results during trading hours. European stocks and US index futures came off days’ lows, which aided the smart intraday rebound on the domestic bourses. The initial public offer of state-run Coal India was subscribed 27% by 16:00 IST on the first day of the issue today, 18 October 2010, data on NSE website showed. Market men are worried that the Coal India IPO, billed as the country’s largest issue ever, will soak liquidity from the secondary market. The government plans to raise about Rs 15,000 crore from divestment of 10% stake in Coal India…

  • MARKET REVIEW 15th Oct, 2010

    Profit booking after a recent solid surge which had propelled the key benchmark indices to 33-months highs on Thursday, 14 October 2010, pulled the market sharply lower today, 15 October 2010. The BSE 30-share Sensex lost 372.59 points or 1.82% to 20,125.05, off 453.40 points from the day’s high and up 34.87 points from the day’s low. The Sensex had lost 0.92% on Thursday, 14 October 2010, retracing from 33-month high reached in early trade on that day. Investors have resorted to profit taking ahead of a mega Rs 15000-crore initial public offer (IPO) of state-run Coal India next week…

  • MARKET REVIEW 13th Oct, 2010

    The key benchmark indices surged to hit 33-month closing highs as world stocks rose on growing expectations that the US Federal Reserve will take further measures to boost the slowing economic recovery. The market breadth was strong. All the sectoral indices on BSE rose. The BSE 30-share Sensex jumped 484.54 points or 2.4%, off close to 15 points from the day’s high and up close to 475 points from the day’s low. IT, banking, realty and FMCG stocks led the rally. State Bank of India and Tata Motors scaled record highs. Wipro hit a 52-week high. The market edged higher in early trade tracking firm Asian stocks. After a bout of volatility, the market surged in morning trade…

  • MARKET REVIEW 12th Oct, 2010

    The key benchmark indices edged lower in choppy trade as the latest data showed industrial production growth slowed in August 2010. Weak global stocks also weighed on investors sentiment. But, banking stocks and some auto shares came off lows as slowdown in industrial production growth in August 2010 could ease pressure on the central bank to again raise rates at a policy review early next month. Index heavyweight Reliance Industries (RIL), too, recovered from lower level. The market breadth was negative, in contrast with positive breadth earlier in the day. Capital goods, realty and metal stocks fell…