August 4, 2006.
SENSEX-> 10866.51 (56.65 points, 0.52%).
NIFTY-> 3176.75 (13.25 points, 0.42%).
Printable View
August 4, 2006.
SENSEX-> 10866.51 (56.65 points, 0.52%).
NIFTY-> 3176.75 (13.25 points, 0.42%).
Markets end weak: PSU bank stocks slip
It was the second day when markets were trying to sustain above some important levels but failed in its attempt to do so. The markets opened the day in positive terrain and moved higher but slipped again as profit booking set in at the higher level.
The Sensex closed at 10,866.51 down 56.65 points. The Nifty lost 13 points to close at 3177.
The BSE Small Cap Index closed at 5,216.87, down 22 points.
The BSE Midcap Index ended at 4,359.42, down 14.55 points.
Most of the BSE sectoral indices closed in red with Oil and Gas, FMCG and Bank being among the top laggards.
The BSE Oil and Gas Index closed down 1.69% at 4,996.19. Petronet LNG, HPCL, Reliance, IOC and GAIL were among the losers.
The BSE Consumer Durables Index lost 1.6% at 2,726.94. BPL, Blue Star and Titan Industries lost ground
The BSE FMCG Index was down 1.6% at 1,857.33. P & G, Tata Tea, ITC, HLL and Colgate closed in red.
The BSE Bankex was down 1.5% at 4,773.04. PNB, Allahabad Bank, IOB, Bank of India and Union Bank were among the losers.
The BSE Metal Index flat at 7,853.75. JindalStainless, SAIL, Guj NRE Coke and Tata Steel witnessed moderate buying.
The Auto index closed at 4,564.57 down 0.2%. Hero Honda, Ashok Leyland, Escorts, Cummins and Tube Investment closed lower.
The BSE IT Index was up 0.2% at 4,010.83. HCL Tech, TCS, Infosys and Patni Computer moved up.
The BSE Capital Goods Index was down 0.5% at 7,151.33. Gammon India, Alfa Laval, SKF India, Alstom Projects and Bharat Elec closed lower.
The BSE Health care index closed up 0.5% at 3,256.26. Sterling Bio, Cadila Health, Nicholas Piramal and Wyeth closed in the positive terrain.
The NSE cash turnover was at Rs 5531.27 crore and the NSE F&O turnover was at Rs 21406.45 crore. The BSE cash turnover was Rs 2541 crore. Total market wide turnover was at Rs 29478.72 crore.
SENSEX:
Day’s high: 11039.34.
Day’s low: 10810.04.
August 8, 2006.
SENSEX-> 11014.97 (202.33 points, 1.87%).
NIFTY-> 3212.40 (61.30 points, 1.95%).
BSEBANKEX-> 5015.08 (157.39 points, 3.24%).
SENSEX:
Day's High: 11028.02.
Day's Low: 10839.53.
August 8, 2006.
Markets cheer: Nifty ended above 3,200 first time since May 29
The markets had a good close just before the Fed meet; crossing some important barriers. It was a surprising rally before the event, buying was seen in scrips across sectors.
The Asian markets closed higher and the European markets opened in green on the back of dovish statement or may be a pause in interest rate hike being expected from the Fed Chairman Ben Bernanke.
The Sensex closed with gains of 202.33 points or 1.87% at 11,014.97 above the 11000 level. Nifty closed above 3,200 for the first time since May 29. The Nifty gained 61 points to close at 3212. The banking stocks were controlling the dynamics of the market.
The BSE Small Cap Index closed at 5,299.21 up 82.92 points or 1.6%.
The BSE Midcap Index ended at 4,410.16, up 51.29 points 1.18%.
The rally was seen in indices across sectors. All the BSE sectoral indices closed in the green. Bank stocks led the rally followed by capital goods and auto stocks.
Markets Today (Aug 08):
:arrow: Nifty closes above 3,200 for first time since May 29
:arrow: Nifty up 1.95% at 3212.40
:arrow: Sensex up 1.87% at 11014.97; close above 11000 for first time since May 18
:arrow: All BSE Sectoral Indices end in the green
:arrow: BSE Bank Index up 3.24%; ICICI Bank up 4.79%, SBI up 2.52%
:arrow: BSE Oil & Gas Index up 2.14%; ONGC up 2.38%, RIL up 2.35%
:arrow: BSE Auto Index up 1.67%; Bajaj Auto, Maruti, Tata Mot up over 2% each
:arrow: CNX Midcap Index up 1.28%;
:arrow: bank & sugar stocks gain
:arrow: PNB up 7.84%
:arrow: ING Vysya Bank up 6.53%
:arrow: Balrampur Chini
:arrow: Bajaj Hind up over 5% each
:arrow: BSE Small Cap Index up 1.59%; Unity Infraprojects up 11%
:arrow: NSE Advance Decline ratio at 3:1
:arrow: Total market turnover at Rs 21575.01 cr Vs Rs 20097.85 cr on Monday
:arrow: The BSE Bankex was up 3.2% at 5,015.08.
:arrow: PNB, ICICI Bank, Oriental Bank, IOB and Bank of Baroda were among the gainers.
The BSE FMCG Index was up 1.9% at 1,892.32. McDowell, Shaw Wallace, Britannia and ITC closed in green.
The BSE Capital Goods Index was up 1.8% at 7,269.48. Ingersoll Rand, L&T, Bharat Elec, Siemens and Alstom Projects closed higher.
The BSE Auto Index added 1.7% at 4,600.72. Bajaj Auto, Maruti Udyog, Cummins, Tata Motors and Punj Tractors closed in positive terrain.
The BSE Metal Index advanced by 1.6% at 7,893.33. SAIL, Sterlite Ind, Hindalco, Tata Steel and Jindal Saw witnessed buying interest.
The BSE Health Care Index was up by 0.9% at 3,299.27. Divis Labs, GlaxoSmithKline, Wyeth, Sun Pharma and Matrix Lab were among the major gainers.
The BSE IT Index was up by 1% at 4,017.12 moved up. TCS, I-Flex Solution, Wipro, Infosys and HCL Tech jumped
The BSE Oil and Gas Index rose 0.79% at 5,049.79. Chennai Petro, ONGC, GAIL and Reliance advanced higher.
The BSE Consumer Durables Index gained 0.3% at 2,759.07. Samtel Color, Whirlpool, Su-Raj Diamonds, Titan Industries were up.
The NSE cash turnover was at Rs4275.11 crore and the NSE F&O turnover was at Rs 15166.25 crore. The BSE cash turnover was Rs 2133.65 crore. Total market wide turnover was at Rs 21575.01 crore.
F&O UPDATE
:arrow: Turnover at Rs 15166.25 cr
:arrow: Nifty futures discount trim to 6 pts
:arrow: Nifty futures add 16 lakh shares in OI
:arrow: Top Traded :Hindalco,ICICI Bank,Alok Ind,Tata Steel,IDBI,SBI,Canara Bank
:arrow: Alok Indust adds 6 lakh shares in OI
:arrow: Canara Bank adds 4 lakh shares in OI
:arrow: Hindalco,ICICI Bank adds 13 lakh shares in OI
:arrow: PNB,Reliance Capital adds 3 lakh shares in OI
:arrow: SBI adds 4 lakh shares in OI
:arrow: ITC,HLL sheds 4 lakh shares in OI
:arrow: Allahabad Bank adds 5 lakh shares in OI
Aug 09, 2006.
Bernanke pauses, keeps interest rates unchanged
The US Federal Reserve has paused and kept interest rates unchanged at 5.25%. This also ended a two-year run of consecutive increases while leaving room for further moves, should inflation accelerate.
The Federal Open Market Committee's statement after meeting in Washington said inflation has been "elevated" and remains a risk, using words identical to the last decision on June 29.
The panel then added a new sentence predicting price pressures will abate because of past Fed moves and "other factors restraining aggregate demand."
The decision also provoked Fed's first public disagreement since Chairman Ben S Bernanke took the Central Bank's helm in February.
Kaipula, is there any Pension fund offered by UTI :roll:
'UTI retirement benefit pension fund' is there.
http://www.utimf.com/schemes/Liquid_...an.asp?q=%2054