Sectoral Indices

Name Value Change %
BSE 100 9,094.85 [20.7] [0.2]
BSE 200 2,151.16 [6.2] [0.3]
BSE 500 6,766.54 [22.5] [0.3]
BSE CD 4,121.38 [22.2] [0.5]
BSE CG 13,634.19 [149.8] [1.1]
BSE FMCG 2,815.63 20.8 0.7
BSE H 5,046.47 [14.2] [0.3]

Market Analysis

Monday morning exhaustion!

India Infoline Research Team / 08:50 , Mar 15, 2010

People choose the paths that grant them the greatest rewards for the least amount of effort.


Exhaustion seems to have got the better of the bulls and neither effort nor reward seems to be on the anvil. Stock indices continue to languish after a brief spurt post the Budget. The scenario is no different in global markets, though the US and Europe have held up well in the face of a few significant headwinds.


Emerging markets like India and China have actually under-performed in the past few sessions. It remains to be seen when this trend changes. For now though, it looks like the market will remain in a state of flux for a while before there is any meaningful movement.


At the cost of being repetitive, we expect yet another dull opening and perhaps another trigger-hunting day. Advance tax numbers might lead to some shift in the undertone, though it will not make a big difference. Monthly inflation numbers will be another factor to watch out for.  Fed policymakers will meet on Tuesday for a monthly review. All eyes and ears will be glued for the latest cues from the US central bankers.



ADR/GDR
 
 
 
 
Latest (US$)
Price % chg
% Prem/Disc
Dr. Reddys
26.2
1.1
1.6
HDFC Bk
131.3
(1.0)
10.4
ICICI Bk
41.4
(0.1)
0.3
ITC
5.7
3.3
(0.1)
Infosys
59.1
(1.4)
0.5
Satyam
5.3
(2.8)
21.6
Ranbaxy
10.2
1.0
(0.0)
Reliance
45.0
1.0
0.1
Wipro
23.0
0.4
47.0
SBI
92.3
2.0
2.4
Tata Motors
18.2
(0.3)
8.6
Sterlite
18.1
1.0
(0.5)
L&T
34.6
0.1
0.3

Indian market
 
% change
 
Last close
1 day
3 mth
YTD
Sensex
17,167
(0.0)
1.7
(1.7)
Nifty
5,137
0.1
2.1
(1.2)
BSE 100
2,157
(0.1)
2.3
(1.1)
BSE 200
6,789
(0.1)
2.8
(0.8)
CNX Midcap
7,503
(0.1)
4.9
0.9
BSE Smallcap
8,433
(0.4)
7.8
0.9
Developed market
 
% change
 
Last close
1 day
3 mth
YTD
Dow Jones
10,625
0.1
1.7
1.9
Nasdaq
2,368
(0.0)
7.6
4.3
S&P 500
1,150
(0.0)
3.8
3.1
FTSE
5,626
0.1
6.4
3.9
CAC
3,927
(0.0)
2.4
(0.2)
DAX
5,945
0.3
2.3
(0.2)
Hang Seng*
21,072
(0.6)
(3.4)
(3.7)
Nikkei*
10,733
(0.2)
6.4
1.8
S&P/ASX200*
4,803
(0.3)
2.8
(1.4)
* Markets are open




Emerging market
 
% change
 
Last close
1 day
3 mth
YTD
Shanghai Comp
2,987
(0.9)
(8.8)
(8.9)
Brazil Bovespa
69,341
(0.8)
0.0
1.1
Mexico Bolsa
32,578
(0.1)
2.1
1.4
Kospi*
1,652
(0.6)
(0.8)
(1.8)
Micex
1,416
1.4
6.3
3.3
Taiwan*
7,693
(0.7)
(1.5)
(6.1)
Straits*
2,884
0.1
3.0
(0.5)
* Markets are open




Institutional activity
 
(Rs cr)
Cash
F&O
MTD
YTD
FIIs
447
424
14,227
10,992
MFs
(244)
-
(2,501)
(3,759)
FIIs Prov.
372
 
 
 
MFs Prov.
(91)
 
 
 
Commodities
 
% change
 
Last close
1 day
3 mth
YTD
Crude (US$/bbl)
80.8
(0.5)
14.3
1.8
Gold (US$/oz)
1,104
0.2
(1.9)
0.7
Copper (US$/mt)
7,412
(0.3)
9.1
1.0
Aluminium (US$/mt)
2,230
1.1
(0.4)
1.5
Zinc (US$/mt)
2,307
(0.2)
1.9
(8.8)
Advance/Decline stocks
 
 
 
 
(Nos)
A
B
S
Total
Adv
71
658
151
1,027
Dec
128
1,191
290
1,810
Unch
3
65
7
90
A/D ratio (x)*
0.6
0.6
0.5
0.6
*A/D excluding Unch




Trade value
 
 
(Rs cr)
 
% chg
Cash NSE
12,539
(1.3)
Cash BSE
3,903
(6.0)
Total Cash
16,442
(2.5)
Delivery (%)
43.7
-
Derivatives
64,653
(2.4)
Currency
 
% change
 
Last close
1 day
3 mth
YTD
Rs/US$
45.45
(0.4)
2.8
2.4
Rs/EUR
62.34
(0.4)
8.9
6.9
US$/GBP
1.52
(0.2)
(6.8)
(6.2)
US$/EUR
1.37
(0.2)
(5.5)
(4.0)
Yen/US$
90.71
0.2
(1.2)
2.5
Bond market
 
 
 
Last Close (%)
Bps chg
10yr Gsec
8.01
0.02
Call rate
3.35
0.05


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chatDiscuss
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HB STOCK,
By Nissar sa, March 15, 2010 16:35
Sir I Hold HBSTOCK-Rs 30.30-380 Qty What i do.
Reply Rate The Message Abuse ?
 
EDUCOMP
By RAVI SOLANKI, March 15, 2010 14:05
SHORT SELL EDUCOMP AT 726 SL 740 IN FNO FOR 15 DAYS TARGET 670
Reply Rate The Message Abuse ?
 
ranbaxy
By kuwar, March 14, 2010 18:45
for monday call buy ranbaxy for target 476
Reply Rate The Message Abuse ?
 
ivrcl
By rakesh, March 14, 2010 13:42
buy ivrcl infra for very good target in medium term.....a head of bonus and good results in the coming quarters
Reply Rate The Message Abuse ?
 
market may move nortward
By sajid, March 14, 2010 11:07
because of may 36 call in huge open interst
Reply Rate The Message Abuse ?
 
 
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