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MARKET WRAP
                                                                                15.05.2012



Geojit 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 I
BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012
The markets opened on a negative note tracking Asian markets and
                        moved sideways for sometime till the noon. In the noon session we saw
                        markets picking up pace tracking the economic data in Europe and
                        started making higher tops and higher bottoms to finally close for the day
                        in green retaining most of the intraday gains.

                        FIIs continued their buying for the third consecutive day. Rupee
                        strengthened after falling below 54 against dollar after RBI intervened
                        buy selling dollar and due to profit booking by foreign banks.

                        On the sectoral front, we saw buying in capital goods, metal, IT,
                        technology and healthcare while minor selling was seen in FMCG stocks.
                        IT stocks gained as US index futures gained indicating a positive opening
                        for the stocks listed in US.


                                                                                                                                                                                                          Market Wrap

Geojit 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 I
BSE: 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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Market wrap

  • 1. MARKET WRAP 15.05.2012 Geojit 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 I BSE: 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. The markets opened on a negative note tracking Asian markets and moved sideways for sometime till the noon. In the noon session we saw markets picking up pace tracking the economic data in Europe and started making higher tops and higher bottoms to finally close for the day in green retaining most of the intraday gains. FIIs continued their buying for the third consecutive day. Rupee strengthened after falling below 54 against dollar after RBI intervened buy selling dollar and due to profit booking by foreign banks. On the sectoral front, we saw buying in capital goods, metal, IT, technology and healthcare while minor selling was seen in FMCG stocks. IT stocks gained as US index futures gained indicating a positive opening for the stocks listed in US. Market Wrap Geojit 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 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012