1. MARKET WRAP
15.06.2012
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 positive note, slowly moved up and in the early
part of the afternoon session saw some smart buying supported by positively
trading US futures and European markets.
Many expect RBI to cut the repo rate by 25 bps and a 25 bps cut in CRR is
also not ruled out. Nifty is having resistance at 5165 and 5195 and if the RBI
cuts rates and the Greek elections are in favour of bulls then we may see
considerable gains in the market.
On the sectoral front, there was buying in rate sensitives on expectation that
RBI may go for a rate cut on Monday. Auto, banking, realty and capital goods
gained along with FMCG, metal and power leaving no one on the losers’ side.
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