07 September 2012

Sales Traders Commentary::Edelweiss, 7 Sept


Sales Traders Commentary
    On Thursday, Indian equity markets settled flat with a positive bias ahead of the ECB meet and US employment data which will come out on Friday. IT, auto, healthcare and financial stocks gained while FMCG and consumer durables fell the most.
    The Sensex closed at 17346, up 33 points while the Nifty jumped 13 points to end the day at 5238.
    Major gainers index were Wipro (4.43%), Infosys (3.58%), Jindal Steel & Power (1.98%), Tata Motors (1.90%), ICICI Bank (1.86%), and GAIL (India) (1.65%).
    Major losers were Bharat Heavy Electricals (3.20%), ITC (2.69%), Bharti Airtel (2.09%), Hindustan Unilever (0.98%), HDFC Bank (0.91%), and Hero Motocorp (0.89%)
    The IT index was up 2.55%. Major gainers were Hexaware Technologies (3.08%), CORE Education and Technologies (2.47%), H C L Technologies (1.25%), Mphasis (1.09%) and Oracle Financial Services Software (0.91%).
    The TECk index was also up by 1.85%. Major gainers were Infosys (3.58%), Dish TV India (1.85%), HCL Technologies (1.25%), Mphasis (1.09%) and Oracle Financial Services Software (0.91%).
    The Auto index gained 0.73%. Major gainers were Cummins India (4.21%), Tata Motors (1.9%), Mahindra & Mahindra (0.83%), Maruti Suzuki India (0.8%) and Bosch (0.34%).
    The FMCG index was down by 1.76%. Major losers were ITC (2.69%), United Breweries (1.96%), Hindustan Unilever (0.98%), Godrej Consumer Products (0.42%) and Colgate-Palmolive (India) (0.33%).
    Major gainers in the mid – cap space were Amara Raja Batteries (3.07%), Allcargo Logistics (2.68%), Aban Offshore (2.48%), CORE Education and Technologies (2.47%) and Alstom India (0.82%).
    Major gainers among small - cap were Aanjaneya Lifecare (2.46%), Aarti Industries (2.22%), A2Z Maintenance & Engineering Services (1.81%), Genesys International Corporation (1.74%) and Styrolution ABS (India) (0.74%).
    Globally, Asia ended on a higher note while Europe indices were trading in the similar sentiments.

��

No comments:

Post a Comment