A1FS Views

Market in a nutshell 

• Markets opened on a cautious note and witnessed a dull session today. Broader Indices traded within a narrow range throughout the day with Sensex finally closing at 18,048 (down 67 points) and Nifty ending the day at 5,277 (down 26 points).
• BSE FMCG Index gained 2% to 2,258, with Hindustan Unilever up 3% to INR 217. BSE Realty Index shed 3% to 10,207, with Ansal Infrastructure down 8% to INR 216.
• Nifty February Futures were trading at a discount of 20 points to spot for major part of the session, which reduced to 5 points during the last half hour.
• Market breadth was positive with an Advance: Decline Ratio of 2:1. Bajaj Hindustan gained 10% to INR 265, while Renuka was up 12% to INR 1,007.
• Cash volumes were low at INR 158,862 (NSE+BSE) as against a 5 DMA of INR 211,190 mn. F&O volumes were at INR 324,167 mn as against a 5 DMA of INR 391,370 mn.

Eye Catchers

• Sesa Goa gained 6% to INR 3,336 with volumes of 415,435 (up 500%).
• Jindal Stainless fell 6% to INR 153 with volumes of 979,712 (up 480%).
• Praj Industries surged 12% to INR 190 with volumes of 2,961,669 (up 230%).

Market News

• Rupee weakened to trade at INR 39.78 against the greenback.
• Nymex crude was steady trading at $95.9/bbl. Base metals were trading on a mixed note, with zinc down 1.5%.
• L&T won an INR 12.5 bn oil-platform order from ONGC.

Indices Performance

Bookmark to: