Wednesday, June 13, 2012

MARKET ENDED 13.06.2012 WEDNESDAY


 WERE TODAY'S SENSEX GAINERS 




     SENSEX            16880.51                 +17.71
     NIFTY               5121.45                  +05.55
     USD/INR            0055.61                  +00.67
     NASDAQ            2847.27                  +04.20
UPDATEDTIME 09.28 PM  13 JUNE  2012

The Sensex ended with a mere 18-point gain at 16,880.51 as investors were cautious ahead of May inflation data tomorrow that will play a decisive role in RBI's thinking on slashing interest rates.

After gaining 195 points yesterday on rate cut hopes, the index opened marginally higher on mixed global cues. The stock markets were in a consolidation mode and touched a day's high of 16,944.11.

The BSE benchmark index closed at 16,880.51, representing a gain of 17.71 points or 0.11 per cent.
The NSE Nifty also closed 5.55 points up at 5,121.45.

Capital goods shares including L&T (2.6 pc) and FMCG scrips including HUL (3.03 pc) firmed up sharply on good buying while auto stocks, including Maruti and Tata Motors, fell in 2-3 per cent range on reports government might impose additional tax on diesel vehicles.

After April IIP figures showed a meagre 0.1 per cent rise, brokers said market now is awaiting inflation data, expected at 7.5 per cent.

Out of the 30-share Sensex, 18 stocks including Sterlite (2.21 pc) and NTPC (2.16 pc) ended lower while 12 scrips including ONGC (2.83 pc) and Sun Pharma (2.1 pc) rose.

Markets largely consolidated ahead of inflation numbers that are expected to come out tomorrow. Now the inflation numbers would have a lot of influence on RBI policy.

Meanwhile, the rupee was trading at day's high of 55.65 compared to yesterday's close of 55.80.

Globally, Asian stocks ended higher today on hopes that policy makers around the globe would step in to limit the Eurozone crisis, while European shares were trading narrowly mixed in early trade ahead of this weekend's key Greek polls. Key benchmark indices in China, Hong Kong, Japan, South Korea, Taiwan and Indonesia rose by between 0.24 per cent to 1.27 per cent while Singapore's Straits Times fell by 0.36 per cent.

In Europe, indices in Germany and London both edged up 0.12 per cent while France's CAC declined marginally by 0.38 per cent.

Hindustan Unilever (3.03 pc), ONGC (2.83 pc), L&T (2.60 pc), Sun Pharma (2.10 pc), Jindal Steel (1.71 pc) and ICICI Bank (1.23 pc) were Sensex  gainers.

However, Sterlite Industries dropped by 2.21 per cent, followed by NTPC (2.16 pc), Tata Motors (2.10 pc), Tata Power (1.77 pc), M&M (1.75 pc), Hero Motocorp (1.72 pc), HDFC Bank (1.25 pc) and Reliance Industries (0.84 pc) were losers. 

Among the sectoral indices, the BSE-Capital Goods firmed up by 1.58 per cent and the BSE-FMCG rose by 1.06 per cent while the BSE-Realty fell by 1.47 per cent and the BSE-Auto shed 1.47 per cent.

The market breadth continued to show positive trend as 1,403 shares finished in green while 1,301 ended in red. The total turnover advanced further to Rs 2,117.79 crore from Rs 1,963.27 crore yesterday.

Foreign institutional investors ( FIIs) sold shares worth a net Rs 56.60 crore yesterday as per provisional figures from the stock exchanges.

"Support for Nifty stands at 4768 levels while resistance now comes at 5182 levels. Investors would keep an eye Producer Price index, PPI Food and Energy, Advanced Retail sales, Business Inventories to be released by the commerce Department today evening in the US.
Regards
RAKESH MAKIN
+91, 9041667797(DIRECT), 9915684997
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
Group mail id: makin97NSEtips@yahoogroups.co.in

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