Saturday, January 10, 2015

WEEKLY MARKET TREND FROM JANUARY 05 - JANUARY 09


January 05 - Indian shares edged lower on Monday as state-run 
lenders fell on disappointment over a lack of significant 
announcements after a two-day banking conclave attended by 
Prime Minister Narendra Modi, while technology stocks also fell. 
The S&P BSE Sensex and CNX Nifty ended 0.16%-0.20% lower 
each. The 30-share Sensex ended lower by 46 points at 27,842 and 
the 50-share Nifty slipped 17 points to trade at 8,378.

January 06 - Indian shares fell over 3% on Tuesday, marking its 
biggest daily loss since the rupee crisis in 2013 as emerging 
markets tumbled, while safe-haven assets such as U.S. Treasuries 
surged. The S&P BSE Sensex and CNX Nifty ended 3.07%-3.00% 
lower each. The 30-share Sensex ended down 854.86 points or 
3.1% at 26,987.46 and the 50-share Nifty ended down 251.05 
points or 3% at 8,127.35.

January 07 - Indian shares fell to their lowest level in nearly three 
weeks on Wednesday as stocks favoured by overseas investors 
such as ICICI Bank declined, following heavy foreign sales in 
derivatives and cash shares in the previous session. The S&P BSE 
Sensex and CNX Nifty ended 0.29%-0.31% lower each. The 30-
share Sensex ended 79 points lower at 26,909 and the 50-share 
Nifty closed 25 points lower at 8,102.

January 08 - Indian shares rose over 1% on Thursday, rebounding 
from a near three-week low hit in the previous session, led by gains in companies focused on the domestic economy such as ITC 
and ICICI Bank on value buying. The S&P BSE Sensex and CNX 
Nifty ended 1.36%-1.64% higher each. The 30-share Sensex ended 
up 366 points at 27,275 and the 50-share Nifty ended up 133 
points at 8,235.

January 09 - Indian shares edged higher on Friday, heading for a 
second consecutive session of gains, led by software services 
exporter, Infosys Ltd, which surged 6 percent after its December-
quarter earnings beat estimates. The S&P BSE Sensex and CNX 
Nifty ended 0.67%-0.61% higher each. The 30-share Sensex ended 
up 184 points at 27,458 and the 50-share Nifty ended up 50 points 
at 8,284.50.

Global indices:

Majority of the Global Indices closed in green, barring Nikkei 
which fell by 1.45%. Topmost Gainers are Shanghai Composite up
1.57%, Dax 100 up 0.75%, Dow Jones up 0.42%, FTSE 100 up 
0.34% and Hang Seng up 0.26%.

Sectoral and stock screening:

Majority of the sectors ended in red. Topmost Gainers: S&P BSE 
FMCG up 0.75% and S&P BSE IT up 0.29%. Topmost losers:S&P 

BSE Metal down 4.37%, S&P BSE Power down 2.60%, S&P BSE 
Realty down 2.54%, S&P BSE Bankex down 2.22% and S&P BSE 
PSU down 2.01%.

Looking at the 'A' group stocks, the top three gainers of the week 
were Pipavav Defence & Offshore Engg Company up 22.20%, 
Videocon Inds up 19.32% and HUL up 14.19%.

Top three losers: Hathway Cable & Datacom down 81.39%, PMC 
Fincorp down 22.49% and IRB Infrastructure Developers down 
10.94%.

FII/MF ACTIVITY:

THE FOREIGN INSTITUTIONAL INVESTORS (FIIS) 
HAVE BEEN THE NET SELLERS OF THE INDIAN STOCKS TO THE TUNE OF Rs 2129 CRORE AND THE 
DOMESTIC INVESTORS BOUGHT INDIAN SHARES 
WORTH A NET OF Rs 243.5 CRORE AS ON JANUARY 07,2015.




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