FREE SHARE MARKET TIPS 25 MAY 2012

MARKET TRADES FLAT; MARUTI, M&M DROP

DATE: 25/05/2012       

Indian markets continue to trade in a lackluster manner amid volatility. Consumer durables, oil & gas and auto stocks traded marginally lower, while metals gained the most.  

Sensex was trading up 9.60 points or 0.06% at 16,231.90 with 20 components gaining. Meanwhile, the Nifty was trading higher by 1.25 points or 0.03% at 4,922.65 with 34 components gaining.

The 30-share benchmark index, BSE Sensex opened flat with a decline of 9.06 points or 0.06% at 16,213.24, while the broad based NSE Nifty started with a fall of 15.45 points or 0.31%, at 4,905.95.

Sensex Movers

State Bank Of India contributed rise of 8.39 points in the Sensex. It was followed by Tata Steel (7.86 points), Larsen & Toubro (6.56 points), Sterlite Industries (India) (3.56 points) and Bharti Airtel (3.34 points).

However, Housing Development Finance Corporation contributed fall of 14.28 points in the Sensex. It was followed by Reliance Industries (9.7 points), Mahindra & Mahindra (5.16 points), Hindustan Unilever (4.72 points) and Maruti Suzuki India (4.6 points).

Major gainers in the 30-share index were G A I L (India) (2.64%), Tata Steel (2.41%), Sterlite Industries (India) (1.94%), State Bank Of India (1.34%), Hindalco Industries (1.27%), and D L F (1.19%).

On the other hand, Maruti Suzuki India (2.29%), Mahindra & Mahindra (1.45%), Jindal Steel & Power (1.45%), Housing Development Finance Corporation (1.28%), Hindustan Unilever (0.85%), and Reliance Industries (0.65%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.61% and 0.62% respectively.

The major gainers in the BSE Midcap were Alok Industries (1.58%), Aban Offshore (1.54%), Allcargo Logistics (1.48%), Alstom Projects India (0.45%) and A I A Engineering (0.11%).

The major gainers in the BSE Smallcap were Aarti Industries (3.9%), Trident (1.44%), Aanjaneya Lifecare (0.89%), A2Z Maintenance & Engineering Services (0.62%) and Action Construction Equipment (0.35%).

Sectors in Limelight

The Metal index was at 10,111.58, up by 115.27 points or by 1.15%. The major gainers were JSW Steel (2.2%), NMDC (1.62%), Hindalco Industries (1.27%), Coal India (0.52%) and Hindustan Zinc (0.34%).

The IPO index was at 1,422.66, up by 11.39 points or by 0.81%. The major gainers were Aster Silicates (1.12%), Bedmutha Industries (0.63%), Bajaj Corp (0.38%), Career Point (0.35%) and Claris Lifesciences (0.06%).

The Capital Goods index was at 8,843.38, up by 58.92 points or by 0.67%. The major gainers were Bharat Heavy Electricals (0.58%), Lakshmi Machine Works (0.46%), Alstom Projects India (0.45%), A B B (0.3%) and A I A Engineering (0.11%).

Market Breadth

Market breadth was negative with 1,466 advances against 1,169 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 876.07 million. It was followed by Jubilant FoodWorks (Rs. 312.31 million), Wockhardt (Rs. 280.54 million) and Tata Steel (Rs. 270.31 million).

The volume chart was led by Alok Industries with trades of over 10.73 million shares. It was followed by D C W (4.12 million), Cals Refineries (3.98 million) and Avance Technologies (3.29 million).

                                                                                                                             

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