Market wrap

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Market wrap

  1. 1. MARKET WRAP 12.04.2012Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 IBSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012
  2. 2. Markets opened with a positive note tracking Asian as well as US markets gains and moved in a sideways manner for the rest of the day. It closed for the day retaining most of the gains. The market breadth, indicating the overall health of the market, was positive. On BSE, 1,671 shares gained and 1,141 shares fell. The markets were waiting for the February IIP data which came in at 4.1% against 6.8% in January. On the sectoral front, gains were made in metal, banking, FMCG and auto while minor loss was seen in IT and technology. Banking stocks gained as fall in IIP strengthened the chance for an interest rate hike by RBI. Market WrapGeojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 IBSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012

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