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June 30, 2006
Indian markets join the party, Sensex above 10500
The markets opened sharply higher today joining the rally in markets across the world. At 9:58, the BSE Sensex was trading at 10511 up 349 points and the Nifty was up 98 points at 3096.
The positive sentiment came in after the Federal Reserve appeared to soften its stance on future interest rate hikes.
The Dow Jones industrial average rose more than 215 points, its biggest one-day point gains in more than three years.
Asian markets are witnessing buying interest. Japan's Nikkei surged 2.04%, TOPIX Index was up 1.74%, Hang Seng was up 1.74%, Straits Times was up 1.70%.
On the corporate front:
Results today
Allcargo, Essar Oil, JP Hydro, Goetze, KRBL, McLeod Russel, Monnet Ispat, Unitech, Vaibhav Gems, Sah Petroleum and SAL Steel
:arrow: Citi may sell Polaris stake, sends feelers to private equity players - TOI
:arrow: United Western bank likely to merge with a PSU bank- TOI
:arrow: Colgate hikes toothpaste prices by 4%, rivals to follow soon
Pfizer-Merck
:arrow: Pfizer may do to Zoloft what Merck did to Zocor
:arrow: Heavy discounting on Zoloft may help Pfizer's generic arm
:arrow: Cipla supplies Zoloft bulk to Teva
:arrow: Could lead to lesser supplies to Teva from Cipla
:arrow: Zoloft is USD 3.5 billion drug
Ex-dividend
:arrow: HDFC (Rs 20), 3i Infotech (Rs 2)
:arrow: Unitech moves out of 'No Delivery' period
:arrow: SB&T Intl board meet on July 20 to consider buyback
:arrow: Zicom Electronic approves FII limit hike to 74%
:arrow: SC stays Rs 527 crore (Rs 5.27 billion) sales tax demand on Nirma
:arrow: UB plans euro 500 million European buyout, shortlists 3 wine companies - BS
:arrow: Nambiars to convert advance paid to BPL into equity, promoters stake to go up to 43.15% from the existing 8.24%- ET
:arrow: Steel companies likely to hike prices by Rs 1000 per tonne
Shree Precoated Q4
:arrow: Net loss at Rs 21.1 crore versus profit of Rs 6.4 crore
:arrow: Net sales at Rs 277.7 crore versus Rs 198.6 crore
:arrow: Optg loss at Rs 8 crore versus optg profit of Rs 12.2 crore
Gammon Q4
:arrow: Net profit at Rs 28.8 crore versus Rs 14.3 crore
:arrow: Net sales at Rs 406.9 crore versus Rs 280.6 crore
NIIT Q4 (YoY)
:arrow: Net profit at Rs 10.3 crore versus Rs 3.23 crore
:arrow: Net sales at Rs 90.1 crore versus Rs 78.7 crore
:arrow: OPM at 20.5% versus 15.5%
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Markets witness relief rally; Sensex closes above 10600
The markets witnessed a relief rally in today's trading session boosted by extremely positive global cues. The Sensex closed up 447 points and the Nifty was up 130 points.
Markets across the globe were parting with Federal Reserve appearing to soften its stance on future interest rate hikes.
The major gainers on the indices were Reliance Comm, HLL, Maruti Udyog, Hindalco and Zee
The Sensex closed at 10,609.25 up 447.09 points and the Nifty closed at 3128 up 130 points.
The BSE Small Cap Index closed at 5,357.04, up 146.24 points.
The BSE Midcap Index ended at 4,381.11, up 145.55 points.
Markets today:
-Markets end sharply higher supported by broad-based buying
-Positive global cues, less hawkish Fed stance boost sentiment
-Sensex, Nifty close almost at highest point of the day
-Sensex ends at 10609, Nifty at 3128 points, both up over 4%
-Index heavyweights ONGC, RIL & HLL, & ITC lead the rally
-All BSE sector indices end in positive territory
-BSE Metals index up 6%, SAIL up 8.5%, Hindalco up 8%
-BSE Capital Goods index up 5%; L&T up 5.6%, Siemens up 4%
-Auto stocks gain on hopes of price hike announcements
-BSE Auto index up 4.3%; Maruti up 8.7%, Tata Motors up 4%
-Second rung stocks relatively underperform broad market
-NSE CNX Midcap index up 3.7%; BSE Small Cap index up 2.8%
-Market breadth positive; NSE Advance:Decline ratio at 11:2
-Total market turnover at Rs 30,798.23 cr vs 42,462.31 cr yesterday
The BSE Metal Index advanced by 6% at 8,454.69. Jindal Saw, Hind Zinc, SAIL, Hindalco and Jindal Steel witnessed heavy buying interest.
The BSE Capital Goods Index was up 5.14% at 7,028.30. BEML, Gammon India, Alstom Projects, Greaves Cotton, Ingersoll Rand and BHEL closed higher.
The BSE Consumer Durables Index gained 4.57% at 2,737.44. Titan Industries, Blue Star, Whirlpool, Su-Raj Diamonds and BPL moved up.
The BSE Auto Index added 4.35% at 4,753.58. Ashok Leyland, Maruti Udyog, Bharat Forge, Escorts, Sundram and Bajaj Auto closed in positive terrain.
The BSE FMCG Index was up 4.34% at 1,949.85. HLL, Nestle, Tata Tea, Nirma and ITC closed in green.
The BSE Oil and Gas Index rose 4.3% at 5,293.36. ONGC, Reliance, GAIL, Kochi Refineries and MRPL advanced higher.
The BSE IT Index was up by 3.18% at 3,743.32. Moser Baer, Satyam, TCS, Wipro and Hexaware Tech moved up.
The BSE Bankex was up 2.87% at 4,348.79. Union Bank, HDFC Bank, Bank of India, Kotak Mahindra and UTI Bank surged.
The BSE Health Care Index was up by 2.12% at 3,132.42. Aurobindo Pharma, Glenmark, Cadila Healthcare, Wockhardt and Matrix Labs were among the major gainers.
The NSE cash turnover was at Rs 7058.64 crore and the NSE F&O turnover was at Rs 20437.56 crore. The BSE cash turnover was Rs 3302.03 crore. Total market wide turnover was at Rs 30798.23 crore.
Markets this week:
-Sensex up 2%, Nifty up 2.8% (from last Friday)
-CNX Midcap Index down 0.7%, BSE Small-cap Index down 3.2%
-Gainers: Suzlon up 11.6%, Wipro up 9.3%, ABB up 8%
-Gainers: VSNL, Tata Power up 7.3% each, ITC, M&M Up 7% each
-Losers: Jet down 14.8%, HPCL down 8%, Ranbaxy down 7.6%, MTNL down 5.6%
-Midcap Gainers: Essar Oil up 12.4%, Glenmark Pharma up 10.8%
-Midcap Gainers: Adlabs up 8%, GHCL up 7%
-Midcap Losers: Rallis India down 13%, LML down 11%, Allahabad Bank down 11%
F&O Update
Turnover at Rs 20437.56 cr
Nifty Futures at 6 pts discount
Top Traded:India Cement,Sterlite Ind,Ashok Leyland,Hindalco,RIL,IPCL,Essar Oil
Nifty Futures adds 35 lakh shares in OI
Allahabad Bank adds 9 lakh shares in OI
Essar Oil adds 10 lakh shares in OI
HLL adds 13 lakh shares in OI
India Cement adds 15 lakh shares in OI
Tata Steel adds 10 lakh shares in OI
Tata Motors,Century Textile,Reliance Capital adds 5 lakh shares in OI.
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June 30, 2006.
BSE Indices:
SENSEX-> 10609.25 (447.09 points).
BSE Auto-> 4753.58 (198.02).
BSE Bank-> 4348.79 (121.16).
BSE Cap Goods-> 7028.30 (343.56).
BSE FMCG-> 1949.85 (81.05).
BSE Health-> 3132.42 (64.91).
BSE Metal-> 8454.69 (478.36).
BSE Midcap-> 4381.11 (145.55).
BSE Oil & Gas-> 5293.36 (218.79).
BSE PSU-> 4950.45 (183.50).
BSE Small Cap-> 5357.04 (146.24).
BSE TECk-> 2493.75 (81.80).
NSE Indices:
NIFTY-> 3128.20 (130.30 points).
CNX Midcap 100-> 3944.65 (139.55).
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July 3, 2006. Markets non-volatile.
Sensex-> 10695.30 (86.10 points).
BSE Auto-> 4735.48 (18.10).
BSE Bank-> 4359.28 (10.49).
BSE Cap Goods-> 7056.90 (28.60).
BSE FMCG-> 1980.57 (30.72).
BSE Health-> 3131.38 (1.04).
BSE Metal-> 8529.95 (75.26).
BSE Midcap-> 4394.79 (13.68).
BSE Oil & Gas-> 5338.08 (44.72).
BSE PSU-> 4980.01 (29.56).
BSE Small Cap-> 5362.53 (5.49).
BSE TECk-> 2524.99 (31.24).
NSE Indices
Nifty-> 3150.95 (22.75).
CNX Midcap 100-> 3950.40 (5.75).
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July 3, 2006.
SENSEX:
Day's high: 10729.92
Day's low: 10589.46.
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July 4, 2006. Markets fall on late selling.
BSE Indices:
Sensex-> 10662.20 (33.10 points).
BSE Auto-> 4756.19 (20.71).
BSE Bank-> 4410.75 (51.47).
BSE Cap Goods-> 6954.92 (101.98).
BSE FMCG-> 1943.06 (37.51).
BSE Health-> 3107.22 (24.16).
BSE Metal-> 8486.16 (43.79).
BSE Midcap-> 4391.42 (3.37).
BSE Oil & Gas-> 5335.97 (2.11).
BSE PSU-> 4996.66 (16.65).
BSE Small Cap-> 5325.81 (36.72).
BSE TECk-> 2515.61 (9.38).
NSE Indices:
Nifty-> 3138.65 (12.30).
CNX Midcap 100-> 3940.30 (10.10).
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July 4, 2006. PSU and Bank Index in Green.
SENSEX fall by 0.31%.
BSE100 fall by 0.21%.
BSE500 fall by 0.21%.
BSEPSU rise by 0.33%
NSEMIDCAP fall by 0.08%
BSESMLCAP fall by 0.68%.
BSEBANKEX rise by 1.18%.
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SENSEX:
Day's High:10800.11.
Day's Low:10644.72.
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July 5, 2006. Markets ZOOM.
BSE Indices:
Sensex-> 10919.64 (257.42 points).
BSE Auto-> 4810.29 (54.10).
BSE Bank-> 4504.02 (93.27).
BSE Cap Goods-> 7109.31 (154.39).
BSE FMCG-> 2004.82 (61.76).
BSE Health-> 3163.53 (56.31).
BSE Metal-> 8749.79 (263.63).
BSE Midcap-> 4427.06 (35.64).
BSE Oil & Gas-> 5424.47 (88.50).
BSE PSU-> 5048.21 (51.55).
BSE Small Cap-> 5349.32 (23.51).
BSE TECk-> 2557.98 (42.37).
NSE Indices:
Nifty-> 3197.10 (58.45).
CNX Midcap 100-> 3982.55 (42.25).
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SENSEX rise by 2.41%.
BSE100 rise by 2.24%.
BSE500 rise by 1.94%.
BSEPSU rise by 1.03%.
BSEMIDCAP rise by 0.81%.
BSESMLCAP rise by 0.44%.
BSEBANKEX rise by 2.11%.