04 July 2012

Sales Traders Commentary : 4 July: Edelweiss


Sales Traders Commentary
On Tuesday, the Indian equity market ended on a flat note for the second consecutive session with a positive bias, led by consumer durables, PSU, realty, metal and financials stocks.
While the Sensex closed at 17425, up 27 points, the Nifty jumped 10 points to end the day at 5288.
Major gainers index were Bharti Airtel (3.11%), Hindalco Industries (2.27%), Housing Development Finance Corporation (1.96%), Coal India (1.96%), G A I L (India) (1.87%), and Dr Reddy`s Laboratories (1.49%).
Major losers were Bharat Heavy Electricals (1.59%), Jindal Steel & Power (1.46%), Tata Consultancy Services (1.43%), I T C (1.30%), Hindustan Unilever (1.04%), and Hero Motocorp (0.78%)
The Consumer Durables index was up by 2.98%. Major gainers were Titan Industries (5.13%), T T K Prestige (4.58%), Videocon Industries (0.91%), V I P Industries (0.89%) and Gitanjali Gems (0.63%).
The Realty index was up by 1.96%. Major gainers were D L F (4.28%), Godrej Properties (3.24%), Phoenix Mills (2.25%), D B Realty (1.6%) and Housing Development and Infrastructure (0.23%).
The PSU index gained 1.03%. Major gainers were BEML (2.66%), Bank Of India (1.16%), Balmer Lawrie & Company (0.41%), Andhra Bank (0.3%) and Allahabad Bank (0.27%).
The FMCG index was down by 0.76%. Major losers were I T C (1.3%), Hindustan Unilever (1.04%), Dabur India (0.62%) and Nestle India (0.29%).
Major gainers in the mid – cap space were Allcargo Logistics (0.79%), Alstom Projects India (0.35%), Andhra Bank (0.3%), CORE Education and Technologies (0.29%) and Aban Offshore (0.25%).
Major gainers among small - cap were Adhunik Metaliks (4.04%), Reliance MediaWorks (3.17%), Advanta India (3.11%), Aarti Industries (2.38%) and Styrolution ABS (India) (0.83%).
Globally, Asian indices ended on a higher note, while European indices were trading in the green.



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