10 October 2012

Sales Traders Commentary- October 10, 2012-EDEL


Sales Traders Commentary
    Indian markets ended higher on Tuesday. Buying in consumer durables, IT and healthcare sectors supported the upside. Lower opening of European indices as well as weaker US Futures also muted the upward movement
    The Sensex closed at 18793, up 84 points while the Nifty lost 28 points to end the day at 5704.
    Major gainers were Larsen & Toubro (2.06%), Infosys (1.85%), Sun Pharmaceutical Industries (1.62%), Sterlite Industries (India) (1.59%), Hindustan Unilever (1.46%), and Cipla (1.14%).
    Major losers were GAIL (India) (2.77%), Bharti Airtel (1.83%), Hindalco Industries (1.62%), Bharat Heavy Electricals (1.52%), Tata Motors (0.95%), and NTPC (0.79%)
    The Consumer Durables index was up by 1.47%. Major gainers were Bajaj Electricals (6.21%), Rajesh Exports (5.48%), Titan Industries (1.42%), T T K Prestige (0.4%) and Gitanjali Gems (0.01%).
    The HC index was up by 1.14%. Major gainers were Biocon (4.61%), Aurobindo Pharma (4.39%), Divis Laboratories (2.95%), Cipla (1.14%) and Cadila Healthcare (0.88%).
    The IT index was up by 1.10%. Major gainers were Mphasis (2.08%), Infosys (1.85%), CORE Education and Technologies (0.98%), H C L Technologies (0.28%) and Hexaware Technologies (0.13%).
    The Oil & Gas index was down by 0.45%. Major losers were GAIL (India) (2.77%), Indian Oil Corporation (0.56%), Gujarat State Petronet (0.43%), Oil & Natural Gas Corporation (0.43%) and Reliance Industries (0.4%).
    Globally, Asia ended on a mixed note while European indices were trading in the red.

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