Sales Traders Commentary -Sept 4 2012-EDEL

Sales Traders Commentary

The Indian market ended marginally lower on Monday led by realty, oil & gas, metal, and banking stocks. Disruption of Parliament session for ninth consecutive day, along with weak manufacturing data with numbers at nine-month low underpinned bearish sentiments. European markets had opened weak, but recovered later on hopes of easing interest rates after release of weak China data.
The Sensex closed at 17384, down 45 points, while the Nifty slipped 05 points to end the day at 5254.
Major gainers were Bajaj Auto (3.04%), Coal India (2.18%), Maruti Suzuki India (1.79%), Cipla (1.79%), Bharat Heavy Electricals (0.98%), and Larsen & Toubro (0.88%).
Major losers were Jindal Steel & Power (2.23%), Tata Power Company (1.91%), Tata Motors (1.24%), Tata Steel (1.23%), Oil & Natural Gas Corporation (1.20%), and Mahindra & Mahindra (1.03%).
The Realty index was down 0.86%. Major losers were DB Realty (3.2%), Indiabulls Real Estate (2.77%), Anant Raj Industries (2.11%), Godrej Properties (1.17%), and DLF (0.64%).
The Oil & Gas index slipped 0.8%. Major losers were Hindustan Petroleum Corporation (1.87%), Gujarat State Petronet (1.39%), Indian Oil Corporation (0.61%), GAIL  (India) (0.54%), and Oil India (0.38%).
The Bankex was down 0.65%. Major losers were H D F C Bank (0.82%), Bank of Baroda (0.7%), ICICI Bank (0.64%), Bank of India (0.52%), and IndusInd Bank (0.08%).
Major gainers in the mid–cap space were A I A Engineering (2.57%), CORE Education and Technologies (1.1%), A B G Shipyard (0.43%), Amara Raja Batteries (0.2%), and Alstom India (0.15%).

Major gainers among small caps were Advanta India (10.08%), Aarti Industries (4.92%), A2Z Maintenance & Engineering Services (2.06%), Aanjaneya Lifecare (0.98%), and Aegis Logistics (0.55%).
Globally, Asia ended on a mixed note while Europe indices were trading higher.

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