India-Global Market Summary 15-05-12Are you confused with savings and investment? Attend ourwebinar session conducted on e...
• Technology index rallied above 1% with the support of  Infosys, which gained more than 3% on BSE and lined up  among the...
• BPCL has hit 17 month high of Rs.739.60 per share after the  company said yet another well in the natural gas discovery ...
Global News• Gross domestic product in the euro zone remained stable at  0.0% in the first quarter of 2012, compared to th...
Gold futures were trading on flat note at $1,561 an ounce after the dollar value slipped in the overseas market. Crude fut...
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Market summary.pptx 15-05-12

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Market summary.pptx 15-05-12

  1. 1. India-Global Market Summary 15-05-12Are you confused with savings and investment? Attend ourwebinar session conducted on every Sunday from 11:00 a.m to1:00 p.m and clarify all your doubts in finance planning. Visitwww.ifmaonline.com and enroll yourself to take up training.Market snapped 5 day rally and ended on positive region.Sensex was up 112.41 points to 16,328.25 points and Nifty upsurged 35 points to 4,942.80 points on market closeThe rally was supported by the strong demand for index weightstocks such as Infosys, SBI, L&T and ICICI bank.L&T surged 5.5% after the company forecasted 15-20% growthin its operational income for FY13All the indices were ended on positive note except FMCG, whichwas slightly ended lower. Capital Goods index was up 3% andMetal was up 2.27%
  2. 2. • Technology index rallied above 1% with the support of Infosys, which gained more than 3% on BSE and lined up among the top gainers list today.• Healthcare and Realty index rallied nearly 1%. Sun pharma gained 3.20% and Sterlite Industries surged 3.16%• Maruti Suzuki slipped 2.6% after the company reduced its investment plans in Gujarat and Mehasana• Everonn Education has posted a net loss of Rs.63.03 crore for the March 2012 quarter as compared to the net profit of Rs.26.2 crore in the corresponding period of the previous financial year.• Ashok Leyland has decided to invest Rs.4,150 crore in Tamil Nadu to set up new facility to manufacture Light Commercial Vehicle
  3. 3. • BPCL has hit 17 month high of Rs.739.60 per share after the company said yet another well in the natural gas discovery block located at offshore Mozambique has struck good quality reservoir.• IVRCL has secured an order worth Rs.652.65 crore from Andhra Pradesh Government and various firms such as NBCC, Power Grid Corporation and ONGC Petro Additions Limited.• Mid cap and small cap indices were up 0.63% and 0.33% each respectively on BSE.• The overall market breadth was flat with 1,620 shares advanced and 1,612 shares advanced on BSE.• Indian rupee appreciated 17 paise to Rs.53.79 per dollar on market close, supported selling off American dollar by public sector banks
  4. 4. Global News• Gross domestic product in the euro zone remained stable at 0.0% in the first quarter of 2012, compared to the prior quarter• Italy GDP declined by 0.8% QoQ while French GDP remained flat at 0.00%.• The data geared up recession fears amid investors. European shares were seen on negative terrain during the last trade.• Asian shares ended on mixed note. Hang seng rallied 0.81% while Nikkei dipped 0.81% on market close.• In the International market, investors were left with no idea about the Greece political situation. The country, which has failed in the last attempt to form a coalition Government, is proposed to form a Technocrat Government- made up of technical experts rather than politicians
  5. 5. Gold futures were trading on flat note at $1,561 an ounce after the dollar value slipped in the overseas market. Crude futures were down 6 cents to $94.70 per barrel in New York. ----------------------------------------------Free Internship Programme for the students with a backgroundof Finance and commerce, For more details, contact 044-32983431/ gunapriya@indiafinancebazaar.com. Visit us atwww.ifmaonline.com, To Keep you updated with daily marketnews, visit www.indiafinancebazaar.comFor students, we provide tailor made financial training upon thecollege request. Contact gunapriya@indiafinancebazaar.com forfurther details or call us at 044-32973431

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