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| India Infoline Research Team / 08:42 , Aug 21, 2012 |
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Indian markets completed a three-week advance on Friday but the NSE Nifty failed to close above the multi-year resistance line of 5370. The short-term tren.. |
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Enjoy present pleasures in such a way as not to injure future ones.
– Seneca
Indian markets completed a three-week advance on Friday but the NSE Nifty failed to close above the multi-year resistance line of 5370. The short-term trend remains positive as long as Nifty holds above 5270. A move above 5420 could trigger fresh buying.
Today, we are looking at a stable start. Most Asian stocks are up, while the euro and Australian dollar have also advanced, on speculation that European leaders will announce new measures to tackle the debt crisis.
A late spurt in the southwest monsoon season has brought some cheer as well. But, the Parliament is likely to be rocked again following the release of the explosive CAG reports. A two-day strike by bank employees starting Wednesday will hit some economic activity.
Meanwhile, FIIs have poured in US$1bn into Indian equities so far this month, taking their total for 2012 to US$11bn. Globally, things remain sanguine but the spike in crude oil is a cause for concern. Watch out for the slew of ‘flash’ PMI reports later in the week.
US stocks pared losses to close flat on Monday, as investors await the release of FOMC minutes.
| ADR/GDR |
|
|
|
| |
Latest (US$) |
Price % chg |
% Prem/Disc |
| Dr. Reddys |
29.4 |
(0.7) |
(1.9) |
| HDFC Bk |
35.2 |
(0.3) |
9.9 |
| ICICI Bk |
34.9 |
(0.3) |
1.2 |
| ITC |
4.7 |
0.2 |
0.3 |
| Infosys |
42.7 |
0.2 |
1.2 |
| Ranbaxy |
9.3 |
0.7 |
0.0 |
| Reliance |
29.3 |
(0.1) |
0.1 |
| Wipro |
8.0 |
(0.5) |
26.0 |
| SBI |
72.7 |
(0.1) |
6.7 |
| Tata Motors |
21.7 |
0.5 |
0.9 |
| Sterlite |
7.8 |
0.4 |
(0.1) |
| L&T |
26.0 |
(1.0) |
(0.1) |
| Indian market |
|
% change |
| |
Last close |
1 day |
3 mth |
YTD |
| Sensex |
17,691 |
0.2 |
9.5 |
14.5 |
| Nifty |
5,366 |
(0.3) |
9.7 |
16.0 |
| BSE 100 |
2,166 |
0.0 |
8.8 |
17.0 |
| BSE 200 |
6,765 |
0.0 |
8.4 |
17.1 |
| CNX Midcap |
7,276 |
(0.4) |
5.9 |
19.0 |
| BSE Smallcap |
6,615 |
0.0 |
5.8 |
19.2 |
| Developed market |
|
% change |
| |
Last close |
1 day |
3 mth |
YTD |
| Dow Jones |
13,272 |
(0.0) |
6.1 |
8.6 |
| Nasdaq |
3,076 |
(0.0) |
8.0 |
18.1 |
| S&P 500 |
1,418 |
(0.0) |
7.8 |
12.8 |
| FTSE |
5,824 |
(0.5) |
9.8 |
4.5 |
| CAC |
3,481 |
(0.2) |
15.0 |
10.2 |
| DAX |
7,034 |
(0.1) |
11.1 |
19.2 |
| Hang Seng* |
20,104 |
0.0 |
6.2 |
9.1 |
| Nikkei* |
9,178 |
0.1 |
6.3 |
8.5 |
| S&P/ASX200* |
4,387 |
0.5 |
7.7 |
8.1 |
| * Markets are open |
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| Emerging market |
|
% change |
| |
Last close |
1 day |
3 mth |
YTD |
| Shanghai Comp |
2,119 |
0.6 |
(9.8) |
(3.7) |
| Brazil Bovespa |
59,283 |
0.3 |
4.8 |
4.5 |
| Mexico Bolsa |
40,350 |
(0.5) |
7.6 |
8.8 |
| Kospi* |
1,956 |
0.5 |
8.7 |
7.1 |
| Micex |
1,429 |
(1.1) |
10.0 |
1.9 |
| Taiwan* |
7,524 |
1.2 |
4.6 |
6.4 |
| Straits* |
3,067 |
0.2 |
10.4 |
15.9 |
| * Markets are open |
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|
|
|
| Institutional activity |
|
| (Rs cr) |
Cash |
F&O |
MTD |
YTD |
| FIIs |
135 |
864 |
4,765 |
42,194 |
| MFs |
(66) |
- |
(723) |
(8,770) |
| FIIs Prov. |
308 |
|
|
|
| MFs Prov. |
40 |
|
|
|
| Commodities |
|
% change |
| |
Last close |
1 day |
3 mth |
YTD |
| Crude (US$/bbl) |
96.1 |
0.1 |
3.8 |
(2.8) |
| Gold (US$/oz) |
1,622 |
0.1 |
1.8 |
3.7 |
| Copper (US$/mt) |
7,447 |
(1.1) |
(3.3) |
(1.9) |
| Aluminium (US$/mt) |
1,800 |
(1.2) |
(11.3) |
(9.8) |
| Zinc (US$/mt) |
1,771 |
(0.1) |
(6.5) |
(3.1) |
| Advance/Decline stocks |
|
|
|
|
| (Nos) |
A |
B |
S |
Total |
| Adv |
89 |
949 |
306 |
1,344 |
| Dec |
113 |
1,093 |
292 |
1,498 |
| Unch |
1 |
85 |
44 |
130 |
| A/D ratio (x)* |
0.8 |
0.9 |
1.0 |
0.9 |
| *A/D excluding Unch |
|
|
|
|
| Trade value |
|
|
| (Rs cr) |
|
% chg |
| Cash NSE |
10,263 |
0.9 |
| Cash BSE |
2,112 |
(0.6) |
| Total Cash |
12,374 |
0.7 |
| Delivery (%) |
38.9 |
- |
| Derivatives |
125,313 |
45.3 |
| Currency |
|
% change |
| |
Last close |
1 day |
3 mth |
YTD |
| Rs/US$ |
55.75 |
(0.1) |
(2.3) |
(4.8) |
| Rs/EUR |
68.88 |
0.5 |
0.2 |
(0.2) |
| US$/GBP |
1.57 |
0.0 |
(0.7) |
1.1 |
| US$/EUR |
1.24 |
0.1 |
(3.6) |
(4.7) |
| Yen/US$ |
79.37 |
(0.1) |
(0.1) |
(3.1) |
| Bond market |
|
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| |
Last Close (%) |
Bps chg |
| 10yr Gsec |
8.24 |
(0.02) |
| Call rate |
8.00 |
0.00 |
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