12 July 2012

Sales Traders Commentary - July 12, 2012-EDEL



Sales Traders Commentary
    On Wednesday, Indian markets ended session on a lower note on the back of weak global cues and heavy selling witnessed in auto, FMCG, realty, oil&gas and metal stocks.
    While the Sensex closed at 17489, down 129 points, the Nifty slipped 39 points to end the day at 5306.
    Major gainers were Larsen & Toubro (1.20%), NTPC (0.44%), Infosys Technologies (0.29%), H D F C Bank (0.22%), and Mahindra & Mahindra (0.16%).
    Major losers were Hindalco Industries (2.98%), Wipro (2.68%), Tata Motors (2.15%), Sterlite Industries (India) (1.89%), Bharti Airtel (1.87%), and Reliance Industries (1.87%).
    The Capital Goods index jumped 38.22 points or by 0.37%. Major gainers were Larsen & Toubro (1.2%), Alstom T&D India (0.61%), Crompton Greaves (0.49%), S K F India (0.39%), and Jindal Saw (0.04%).
    The Auto index was down 1.18%. Major losers were Exide Industries (1.85%), Hero Motocorp (1.18%), Bajaj Auto (0.63%), Ashok Leyland (0.58%), and Bharat Forge (0.36%).
    The FMCG index slipped 1.14%. Major losers were I T C (1.65%), Colgate-Palmolive (India) (1.38%), Hindustan Unilever (1.12%), Godrej Consumer Products (0.74%), and Dabur India (0.09%).
    The Realty index was down 1.06%. Major losers were Indiabulls Real Estate (2.45%), D L F (2.42%), Godrej Properties (1.93%), Anant Raj Industries (0.54%) and D B Realty (0.49%).
    Major losers in the mid–cap space were Alok Industries (1.4%), A I A Engineering (1.37%), Alstom India (0.97%), A B G Shipyard (0.95%) and Aban Offshore (0.09%).
    Major losers among small caps were Aarti Industries (2.5%), Trident (2%), Styrolution ABS (India) (1.64%), A2Z Maintenance & Engineering Services (1.61%), and A B G Infralogistics (0.2%).
    Globally, Asian indices ended on a mixed note, while European indices were trading lower


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