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Situation improvesBudget session resumes!

India Infoline News Service | Mumbai |

The market appears set to resume its uptrend after one of the best weeks in recent times even as the US market saw one of its worst weeks.

Finance minister P Chidambaram accepts that he is not satisfied with the progress but is confident that the government will last its full term. He expects significant economic reforms in the coming 12 months.


The market appears set to resume its uptrend after one of the best weeks in recent times even as the US market saw one of its worst weeks. This is a truncated week again with the stock market closed on Wednesday. Being an F&O expiry week, the usual volatility could set in after a good start.


The Budget Session in Parliament resumes and the Opposition is set to fire on all cylinders on a host of issues including the vetting of the CBI report on coal scam by Law Minister Ashwani Kumar. The deliberate leak into the 2G scam may also figure in the Oppositions angst. The session ends on May 10 and the government will hope to push key bills including the Food Security Bill, Insurance and Pensions Bills before that.


Results watch: Cairn India, Mindtree, Persistent Sys, Zensar Tech, Tata Sponge, Swaraj Engines, Foseco India, Mahindra Lifesp, Manali Petro, Tamilnadu Petro, Ultratech Cem, Trinity League, Tata Sponge.



Indian market  % change
 Last close1 day3 mthYTD
Sensex19,016 1.5 (5.1)(2.1)
Nifty5,783 1.7 (4.6)(2.1)
BSE 1005,789 1.5 (5.6)(3.1)
BSE 2002,328 1.4 (6.2)(4.0)
CNX Midcap7,624 1.1 (11.3)(10.4)
BSE  Small Cap5,976 0.6 (18.9)(19.0)
BSE 100 Futs5,797 1.5 (5.9)(3.7)
Sensex Futs19,773 4.0 (5.3)(2.9)
Developed market % change
 Last close1 day3 mthYTD
Dow Jones14,548 0.1 6.1 11.0
Nasdaq3,206 1.3 2.0 6.2
S&P 5001,555 0.9 4.2 9.0
FTSE6,287 0.7 1.7 6.6
CAC3,652 1.5 (2.4)0.3
DAX7,460 (0.2)(3.1)(2.0)
Hang Seng*22,026 0.1 (6.9)(2.8)
Nikkei*13,577 2.0 26.8 30.6
Emerging market % change
 Last close1 day3 mthYTD
Shanghai Comp2,240(0.2)(3.2)(1.3)
Brazil Bovespa53,9291.4 (12.6)(11.5)
Mexico Bolsa42,8080.8 (5.5)(2.1)
Kospi*1,9080.1 (4.4)(4.5)
Straits*3,2960.1 2.4 4.1
* Markets are open    
Institutional activity 
(Rs cr)CashF&OMTDYTD
FIIs243 1,275 596 55,347
MFs(103)-(325)(7,493)
FIIs Prov.940    
MFs Prov.(405)   
Commodities % change
 Last close1 day3 mthYTD
Crude (US$/bbl)88.3 0.3 (8.3)(3.8)
Gold (US$/oz)1,419 1.1 (16.2)(15.3)
Copper (US$/mt)6,961 (1.4)(13.4)(12.0)
 

 
 
 
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