23 August 2012

Sales Traders Commentary- Aug 23, 2012-EDEL


Sales Traders Commentary
    Indian equity markets closed marginally lower on Wednesday amid weak Asian and European markets. Realty, power, tech and capital goods stocks were under pressure.
    The Sensex closed at 17846, down 38 points, whereas the Nifty slipped 8 points to end the day at 5413.
    Major gainers were Dr Reddy's Laboratories (1.05%), Coal India (0.94%), Infosys (0.93%), Hero Motocorp (0.85%), Bajaj Auto (0.79%), and Tata Motors (0.71%).
    Major losers were Bharti Airtel (3.85%), NTPC (1.32%), Sterlite Industries (India) (1.32%), Tata Power Company (1.10%), Housing Development Finance Corporation (0.87%), and Reliance Industries (0.77%)
    The HC index was up 0.38%. Major gainers were Aurobindo Pharma (2.29%), Cadila Healthcare (1.52%), Dr Reddy'S Laboratories (1.05%), Apollo Hospitals Enterprise (0.64%) and Cipla (0.1%).
    The Realty index was down 0.97%. Major losers were Housing Development and Infrastructure (3.75%), D B Realty (1.84%), Indiabulls Real Estate (1.76%), Anant Raj Industries (1.28%) and D L F (0.56%).
    The Power index slipped by 0.82%. Major losers were JSW Energy (2.21%), G M R Infrastructure (1.46%), A B B (0.79%), Reliance Infrastructure (0.65%) and Adani Power (0.59%).
    The TECk index was down 0.42%. Major losers were Reliance MediaWorks (4.21%), Bharti Airtel (3.85%), Oracle Financial Services Software (2.38%), Dish TV India (1.47%) and Idea Cellular (0.53%).
    Major losers in the mid – cap space were Aban Offshore (3.25%), Amara Raja Batteries (2.7%), Alok Industries (1.89%), Allcargo Logistics (1.58%) and CORE Education and Technologies (1.45%).
    Major losers among small – caps were Reliance MediaWorks (4.21%), Aanjaneya Lifecare (2.19%), Action Construction Equipment (1.65%), A2Z Maintenance & Engineering Services (0.57%) and Trident (0.56%).
    Globally, Asia ended on a lower note while Europe indices were trading in the red.

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