Pages

30 August 2012

Sales Traders Commentary - August 30, 2012-EDEL


Sales Traders Commentary
    On Wednesday, the Indian equity market dipped further on aggressive selling in index pivotals. Opening of European markets in red led to further fall. Both Sensex and Nifty dropped the most in a month. Realty, metal, capital goods and auto faced selling pressure.
    The Sensex closed at 17490, down 141 points, while Nifty slipped 47 points to end the day at 5288.
    Major gainers were Tata Power Company (1.02%), I T C (0.45%), Coal India (0.17%), Maruti Suzuki India (0.15%), NTPC (0.06%), and Wipro (0.01%).
    Major losers were Sterlite Industries (India) (4.64%), Bajaj Auto (3.95%), Hero Motocorp (3.39%), Hindalco Industries (3.00%), Bharat Heavy Electricals (2.98%), and Oil & Natural Gas Corporation (2.69%).
    The FMCG index jumped 0.57%. Major gainers were Dabur India (2.35%), Godrej Consumer Products (2.2%), Colgate Palmolive (India) (1.1%), United Breweries (1.02%), and I T C (0.45%).
    The Realty index was down 3.08%. Major losers were Indiabulls Real Estate (5.06%), D L F (4.91%), Anant Raj Industries (3.77%), Godrej Properties (3.35%), and D B Realty (0.53%).
    The Metal index slipped 1.79%. Major losers were Hindalco Industries (3%), JSW Steel (2.78%), Hindustan Zinc (1.25%), NMDC (0.83%), and Jindal Steel & Power (0.22%).
    The Auto index was down 1.37%. Major losers were Bajaj Auto (3.95%), Hero Motocorp (3.39%), Ashok Leyland (1.44%), Cummins India (1.28%), and Exide Industries (1.26%).
    Major losers in the mid–cap space were Alstom India (3.09%), A I A Engineering (1.13%), CORE Education and Technologies (0.53%), Aban Offshore (0.36%), and A B G Shipyard (0.17%).
    Major losers among small caps were A2Z Maintenance & Engineering Services (6.44%), Aanjaneya Lifecare (2.74%), Aarti Industries (1.54%), Styrolution ABS (India) (0.75%), and A B G Infralogistics (0.62%).
    Globally, Asia ended on a mixed note while Europe indices were trading in the red.

��

No comments:

Post a Comment