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MARKET WRAP
                                                                                14.06.2012



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 flat note and moved sideways to negative. In the
                        early afternoon session the markets recovered a bit but was short lived and
                        turned around to move deep into red. The markets finally came to a close
                        near the low of the day.

                        The breadth of the market was weak with 1676 shares declining and 1035
                        shares on the rise. Global markets too witnessed selloff in the second part of
                        the day which intensified the slide in the domestic markets. India's inflation
                        moved up to 7.5% in May driven by higher food prices.

                        There was selling pressure in realty, banking, capital goods, power and auto
                        while minor gains were made in IT and technology. Fertilizer stocks which
                        gained in the morning later gave up their gains as the govt deferred the
                        Fertilizer Ministry’s proposal to hike the retail prices of urea by 10% for 2012-
                        13 fiscal.



                                                                                                                                                                                                          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 14.06.2012 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 flat note and moved sideways to negative. In the early afternoon session the markets recovered a bit but was short lived and turned around to move deep into red. The markets finally came to a close near the low of the day. The breadth of the market was weak with 1676 shares declining and 1035 shares on the rise. Global markets too witnessed selloff in the second part of the day which intensified the slide in the domestic markets. India's inflation moved up to 7.5% in May driven by higher food prices. There was selling pressure in realty, banking, capital goods, power and auto while minor gains were made in IT and technology. Fertilizer stocks which gained in the morning later gave up their gains as the govt deferred the Fertilizer Ministry’s proposal to hike the retail prices of urea by 10% for 2012- 13 fiscal. 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